NOT LISTED FOR SALE

805 E Gulf Dr, Unit D4 Sanibel, FL 33957

Sanibel Area

Estimated Value: $749,789

2 Beds
2 Baths
1,000 Sq Ft
5,097 Sq Ft Lot

Sale Details

Date Sold: May 30, 2018

Last sale price $525,000 $525 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,208 / mo

54 Days on Market

Highlights

  • Community Beach Access
  • Community Boat Dock
  • Pool
  • The Sanibel School Rated A-
  • Property fronts gulf or ocean
  • Clubhouse

About This Home

As of May 2018

This highly desirable 2 BR/2 BA corner unit has been significantly remodeled with an open kitchen, updated baths and tile flooring throughout plus a washer and dryer. The condo is light and bright, delightfully furnished and comfortably appointed with a large screened lanai on which to enjoy the Island breezes. This unit is also close to the pool, clubhouse and grills. The rental income is terrific over $44,000 per year with many repeat renters. The direct beachfront complex boasts weekly rentals with on site management, is pet friendly and offers canal-side boat dockage. A great East end location with a beautiful beach and close to restaurants, shopping, bike paths and more!

Last Agent to Sell the Property

Lynda Traverso

Traverso Residential License #470579 Listed on: 04/05/2018

Co-Listed By

Kit Traverso

VIP Realty Sanibel and Captiva License #420747

Last Buyer's Agent

Kasey Albright

Pfeifer Realty Group LLC License #3251437

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,690

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • Sprinkler System

HOA Fees

  • $890 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 1st floor
  • Stone Trim
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Single Hung Wood Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Storage Room
  • Stacked Washer and Dryer
  • Tile Flooring
  • Garden Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Shower

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

Outdoor Features

  • Docks
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 29-46-23-T1-0030D.0040

Community Details

Overview

  • Association fees include cable TV, exterior main/repair, insurance bldg, inter pest control, landscape/lawn, legal and accounting, manager, parking, pool service, sewer, trash, water
  • Sanibel Arms Association, Phone Number (239) 472-2259
  • Sanibel Arms Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Recreation Room
  • Community Storage Space

Recreation

  • Community Boat Dock
  • Gulf Boat Access
  • Community Beach Access
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,690

Year Built

Built in 1971 | Remodeled

Lot Details

5,097 Sq Ft Lot

HOA Fees

$890 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Garden Apartment, Ground Level, Remodeled
  • Legal Description: SANIBEL ARMS CONDOMINIUM BLDG D OR 682 PG 691 APT 4
  • Strap Number: 29-46-23-T1-0030D.0040
  • Subject To F I R P T A: No
  • Year Built: 1971
  • Pets: Limits
  • Folio Id: 10127662
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 525
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator, Smoke Detector(s), Stack Washer/Dryer
  • Estimated Living Sq Ft: 1000
  • Bathrooms: 2
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 1
  • Flooring: Tile Floor
  • Furnished: Yes
  • Furnishing: Exceptions, Fully Furnished, Window Cov-All
  • Primary Bathroom: Shower Only, Tile
  • Master Bedroom: First Floor, Tile
  • Windows: Single Hung, Sliding

Exterior Features

  • Misc Exterior: CBS, Const. Complete, Ground Level
  • Waterfront: Gulf
  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stone, Stucco, Trim Stucco
  • Pool: Yes
  • View: Lawn/Garden

Garage/Parking

  • Parking: Assigned, Guest

Utilities

  • Sewer: City
  • Water: City, Lawn Sprinklers
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling, Ceiling Fan(s)
  • Heating: Central Heat
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fee: 890
  • Association Fee Period: Monthly
  • Association Management: Sanibel Arms
  • Management Company Phone: 239-472-2259
  • Condo Amenities: Boat Docks, Clubhouse, Community Room, Deeded Beach Access, Grills, Pool, Rental Office on Site, Separate Storage
  • Condo Name: Sanibel Arms
  • Fees Include: Cable TV, Exterior Main/Repair, Insurance Bldg, Inter Pest Control, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 805 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Rental Info

  • Rent History: In Sanibel Arms on site rental program. 15% mgmt. fee plus 109.00 per clean and linens on turnovers. In 2016, Unit grossed 44,216. In 2017, Unit grossed 44,186. As of April 6, 2018 gross is 35,862 and 2019 gross bookings = 16,361.
  • Rent Phone: 239-472-2259
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 5690
  • Tax Year: 2017

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 30, 2018
Sold by
Herbst Elizabeth C and Herbst David A
Bought by
Seller's Agent
Lynda Traverso
Traverso Residential
Buyer's Agent
Kasey Albright
Pfeifer Realty Group LLC
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Current Estimated Value
$749,789

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,789
Avg. Annual Appreciation
4.38%
Original Mortgage
$295,000
Outstanding Balance
$160,705
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$589,084

Purchase Details

Closed on
May 5, 2005
Sold by
Klingele Terence G
Bought by
Herbst David A and Herbst Elizabeth C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,050
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 15, 2003
Sold by
Quast & Co Inc
Bought by
Klingele Terence G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sanibel, FL

  • Susan Christiano Real Estate Agent - ELITE EDGE FL REALTY

    Susan Christiano

    ELITE EDGE FL REALTY

    (239) 990-5141

    44 Total Sales

    2 in Sanibel

    $810,000 Price Range

    Susan Christiano
     Section Image
  • Dorenda Wentworth Real Estate Agent - Wentworth Realty Group

    Dorenda Wentworth

    Wentworth Realty Group

    (239) 347-4984

    134 Total Sales

    2 in Sanibel

    $1,000,000 Price Range

    Dorenda Wentworth
     Section Image
  • Carolyn Tongyai Real Estate Agent - John R. Wood Properties

    Carolyn Tongyai

    Responds Quickly

    John R. Wood Properties

    (239) 990-5493

    31 Total Sales

    55 in Sanibel

    $327K - $4.1M Price Range

    Carolyn Tongyai
     Section Image
  • Maxwell Thompson Real Estate Agent - Premier Sotheby's Int'l Realty

    Maxwell Thompson

    Responds Quickly

    Premier Sotheby's Int'l Realty

    (239) 310-4877

    69 Total Sales

    4 in Sanibel

    $759K - $869K Price Range

    Maxwell Thompson
     Section Image
  • David Schuldenfrei Real Estate Agent - Gopher Enterprises of Sanibel & Captiva Islands Corp

    David Schuldenfrei

    Gopher Enterprises of Sanibel & Captiva Islands Corp

    (239) 788-2683

    22 Total Sales

    34 in Sanibel

    $340K - $5.1M Price Range

    David Schuldenfrei
     Section Image
  • Tim Kennedy PA Real Estate Agent - Royal Shell Real Estate, Inc.

    Tim Kennedy PA

    Royal Shell Real Estate, Inc.

    (239) 365-2531

    80 Total Sales

    2 in Sanibel

    $765,000 Price Range

    Tim Kennedy PA
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 Superior Title Of Svcs Of Sa
Herbst David A $495,100 Realty Title Services Of San
Klingele Terence G $425,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $295,000
Previous Owner Herbst David A $396,050
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/30/2018 05/30/18 Sold $525,000 -4.4% $525 / Sq Ft
05/29/2018 05/29/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $549,000 -- $549 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,025 $78,576 $78,576
2025 $1,025 $71,433 $71,433
2024 $2,098 $71,433 $71,433
2023 $2,098 $144,798 $0 $144,798
2022 $6,103 $445,577 $0 $0
2021 $5,776 $405,070 $0 $405,070
2020 $5,786 $400,520 $0 $400,520
2019 $5,621 $385,985 $0 $385,985
2018 $5,742 $385,985 $0 $385,985
2017 $5,927 $394,060 $0 $394,060
2016 $5,506 $360,728 $0 $360,728
2015 $5,353 $356,800 $0 $356,800
2014 -- $328,500 $0 $328,500
2013 -- $263,400 $0 $263,400
Source: Public Records

Agents Affiliated with this Home

  • Lynda Traverso Real Estate Agent - Traverso Residential

    Seller's Agent in 2018

    Lynda Traverso

    Traverso Residential

    (239) 707-9549

    20 Total Sales

    Lynda Traverso
    Section Image

  • KT

    Seller Co-Listing Agent in 2018

    Kit Traverso

    VIP Realty Sanibel and Captiva

    Section Image

  • KA

    Buyer's Agent in 2018

    Kasey Albright

    Pfeifer Realty Group LLC

    Section Image
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About This Building

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2180476

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-0030D.0040

Florida Lee County Sanibel 33957

805 E Gulf Dr Unit D4, Sanibel, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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