NOT LISTED FOR SALE

Estimated Value: $657,711

2 Beds
2 Baths
1,040 Sq Ft
7,022 Sq Ft Lot

Sale Details

Date Sold: April 27, 2021

Last sale price $525,000 $505 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,765 / mo

429 Days on Market

Highlights

  • Community Beach Access
  • Community Boat Dock
  • Canal Access
  • The Sanibel School Rated A-
  • Property fronts gulf or ocean
  • Main Floor Primary Bedroom

About This Home

As of April 2021

Open kitchen and corner location (no common wall on lanai) in sought after "A" building. Beautifully remodeled, 2 bedroom, 2 bath with high rental income. $44,000 - $51,500 for the past three years. Already (Dec. 2019) bookings for 2020 approximately $24,000 with only 11 days vacant from Jan. 1 - April 11, 2020. Upgraded and remodeled kitchen and baths, tile floors and newer carpet in both bedrooms. Open kitchen is highlighted by beautiful granite counter tops. Master bedroom has upgraded custom closets. Pass through to guest bath from guest bedroom (makes both bedrooms en-suite). Long list of upgrades. Low rental commission from on-site management (10.5%) making A1 an excellent choice for your vacation condominium. Just completed new exterior paint. Complex looks fabulous! Bonus is a peak at the gulf from the lanai. Sanibel's most popular condo complex + full of amenities. 500' of beach front, 6 acres, canal, tennis, pickelball,workout rm, on site management and maintenance.

Last Agent to Sell the Property

Teresa Baker

Pfeifer Realty Group LLC License #280596709 Listed on: 01/23/2020

Last Buyer's Agent

Eric Pfeifer

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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,275

Year Built

  • Built in 1974

Lot Details

  • West Facing Home

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Garden Home
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Common or Shared Parking
  • Guest Parking

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 1 / 50A
  • Assessor Parcel Number 29-46-23-T1-0050A.0010

Community Details

Overview

  • Association fees include management, cable TV, legal/accounting, ground maintenance, pest control, sewer, trash, water
  • 104 Units
  • Association Phone (239) 472-3811
  • Low-Rise Community
  • Sanibel Arms West Condo Subdivision

Recreation

  • Community Boat Dock
  • Community Beach Access

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,275

Year Built

Built in 1974

Lot Details

7,022 Sq Ft Lot

HOA Fees

$460 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1612
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SANIBEL ARMS WEST CONDO
  • Architectural Style: Garden Home, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1974
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Living/Dining Room, Main Level Master, See Remarks, High Speed Internet
  • Living Area: 1040.0
  • Stories: 2
  • Window Features: Sliding
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf, Landscaped, Partial
  • View: Yes
  • Waterfront Features: Canal Access, Gulf
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Storage, Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: See Remarks

Garage/Parking

  • Parking Features: Common, Guest, See Remarks

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Condo Hotel Community, Near Hotel/Motel, Tennis Court(s)
  • Amenities: Beach Rights, Boat Dock, Beach Access, Pickleball, Pool, Tennis Court(s)
  • Association #2 Fee: 460.0
  • Association #2 Fee Frequency: Monthly
  • Phone: 239-472-3811
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Legal/Accounting, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 29-46-23-T1-0050A.0010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 104

Tax Info

  • Tax Annual Amount: 6275.0
  • Tax Block: 50A
  • Tax Lot: 1
  • Tax Year: 2019

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
Jan 23, 2020
Closed on
Apr 27, 2021
Sold by
Nottelmann Gary R and Nottelmann Rhonda M
Bought by
Seller's Agent
Teresa Baker
Pfeifer Realty Group LLC
Buyer's Agent
Eric Pfeifer
List Price
$534,000
Sold Price
$525,000
Premium/Discount to List
-$9,000
-1.69%
Current Estimated Value
$657,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,711
Avg. Annual Appreciation
4.26%
Original Mortgage
$393,750
Outstanding Balance
$352,527
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$305,184

Purchase Details

Closed on
Jan 4, 2010
Sold by
Kinney Georgia M
Bought by
Nottelmann Gary R and Nottelmann Rhonda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5%
Mortgage Type
New Conventional
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

See All Agents

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 Ttl Svcs Of Sanibel
Nottelmann Gary R $380,000 Barrier Island Title Service
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 $393,750
Previous Owner Nottelmann Gary R $100,000
Previous Owner Mennen Donald E $60,000
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 Prior Sale
04/27/2021 04/27/21 Sold $525,000 0.0% $505 / Sq Ft
04/27/2021 04/27/21 Sold $525,000 -1.7% $505 / Sq Ft View Prior Sale
03/28/2021 03/28/21 Pending -- -- --
03/15/2021 03/15/21 Pending -- -- --
01/23/2020 01/23/20 For Sale $534,000 0.0% $513 / Sq Ft
11/05/2019 11/05/19 For Sale $534,000 -- $513 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $7,101 $69,411 $69,411
2025 $7,101 $502,740 $502,740
2024 $1,841 $63,101 $63,101
2023 $1,841 $126,894 $0 $126,894
2022 $8,392 $613,803 $0 $613,803
2021 $6,725 $471,845 $0 $471,845
2020 $6,729 $465,928 $0 $465,928
2019 $6,536 $448,970 $0 $448,970
2018 $6,437 $432,820 $0 $432,820
2017 $6,658 $437,665 $0 $437,665
2016 $6,223 $406,335 $0 $406,335
2015 $5,756 $361,500 $0 $361,500
2014 -- $348,700 $0 $348,700
2013 -- $315,600 $0 $315,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220005317

Florida Gulf Coast Multiple Listing Service

APN: 29-46-23-T1-0050A.0010

Your Personal Tour Guide

Ask me questions while you tour the home.