NOT LISTED FOR SALE

Estimated Value: $736,000 - $1,109,671

2 Beds
2 Baths
1,000 Sq Ft
$1,071/mo HOA Fee

Last Sold June 27, 2022

Last sale price $1,295,000 $1,295 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $5,794/month

6 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Outdoor Pool
  • Sanibel Elementary School Rated A-
  • Boat Dock
  • Gulf View

About This Home

As of June 2022

Unbelievable Gulf-front location! Wonderful gulf front, top floor corner location with 2 bedroom and 2 bath. You'll love the views from the screen enclosed porch. Complex offers pool, boat dockage, clubhouse, a gorgeous sandy, shell strewn beach and on-site rentals. Fantastic rentals of $90,000+ per year. Don't miss this one. Best Gulf-front location at Sanibel Arms.

Last Agent to Sell the Property

Rose Dakos

Royal Shell Real Estate, Inc. License #314099 Listed on: 05/25/2022

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Teresa Baker

Royal Shell Real Estate, Inc. License #3162962

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,510

Year Built

  • Built in 1971

Lot Details

HOA Fees

  • $1,071 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,000 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Pool
  • Docks
  • Shared Dock
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Internet Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 29-46-23-T1-0030G.0080

Community Details

Overview

  • Association fees include cable TV, exter pest control, exterior main/repair, insurance bldg, inter pest control, internet, irrigation, landscape/lawn, legal and accounting, manager, parking, pool service, sewer, trash, water
  • Sanibel Arms Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Dock
  • Community Beach Access
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,510

Year Built

Built in 1971

Lot Details

0

HOA Fees

$1,071 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: SANIBEL ARMS CONDOMINIUM BLDG G OR 682 PG 691 APT 8
  • Strap Number: 29-46-23-T1-0030G.0080
  • Subject To F I R P T A: No
  • Year Built: 1971
  • Level: 2
  • Pet Limits: Owner pets only
  • Pets: Allowed
  • Folio Id: 10127690
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 1295
  • Appliances: Dishwasher, Disposal, Internet Ready, Microwave, Range Electric, Refrigerator, Smoke Detector(s), Water Heater
  • Estimated Living Sq Ft: 1000
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 2
  • Flooring: Carpet, Tile Floor
  • Furnished: Yes
  • Furnishing: Fully Furnished

Exterior Features

  • Misc Exterior: Const. Complete
  • Waterfront: Beach, Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Assigned

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fees Disp: Y - $1071/M
  • Association Fee: 1071
  • Association Fee Period: Monthly
  • Association Right Of Refusal: No
  • Condo Amenities: Boat Docks, Cable, Clubhouse, Community Laundry, Deeded Beach Access, Grills, Internet, Pool, Rental Office on Site
  • Condo Name: Sanibel Arms
  • Fees Include: Cable TV, Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Inter Pest Control, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $0/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2022-05-25
  • Geo Address Line: 805 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 8

Rental Info

  • Rent History: Condo has solid rentals of $90,000+ per year through the On-Site rental office.
  • Rent Phone: 239-472-2259
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 10510
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 27, 2022
Sold by
Separate Share Trust
Bought by
Stine-Weber Living Trust
Seller's Agent
Rose Dakos
Royal Shell Real Estate, Inc.
Buyer's Agent
Teresa Baker
Royal Shell Real Estate, Inc.
List Price
$1,295,000
Sold Price
$1,295,000
Current Estimated Value
$886,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$408,082
Avg. Annual Appreciation
-10.17%

Purchase Details

Closed on
Mar 5, 2014
Sold by
Dwyer Barbara Rycharski
Bought by
The Rycharski Family Trust 2005

Purchase Details

Closed on
Apr 24, 2006
Sold by
Rycharski Leo F and Rycharski Irene M
Bought by
Rycharski Leo F and Rycharski Irene M

Purchase Details

Closed on
Nov 3, 2005
Sold by
Rycharski Leo F and Rycharski Irene M
Bought by
Rycharski Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stine-Weber Living Trust $1,295,000 Ohalloran & Simmons Pllc
Stine-Weber Living Trust $1,295,000 Ohalloran & Simmons Pllc
The Rycharski Family Trust 2005 -- Attorney
The Rycharski Family Trust 2005 -- Attorney
Rycharski Leo F -- Attorney
Rycharski Leo F -- Attorney
Rycharski Family Trust -- None Available
Rycharski Family Trust -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2022 06/27/22 Sold $1,295,000 0.0% $1,295 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $1,295,000 -- $1,295 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $1,028 $71,433 -- $71,433
2024 $2,098 $71,433 -- $71,433
2023 $2,098 $144,798 $0 $144,798
2022 $11,113 $811,813 $0 $0
2021 $10,510 $738,012 $0 $738,012
2020 $10,510 $728,365 $0 $728,365
2019 $10,195 $700,910 $0 $700,910
2018 $10,414 $700,910 $0 $700,910
2017 $11,283 $742,093 $0 $742,093
2016 $10,851 $701,941 $0 $701,941
2015 $10,125 $636,500 $0 $636,500
2014 -- $597,400 $0 $597,400
2013 -- $482,100 $0 $482,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2220405

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-0030G.0080