NOT LISTED FOR SALE

Estimated Value: $722,106

2 Beds
2 Baths
1,040 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: May 3, 2016

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

Est. 38% increase in value since last sale

Current estimated payment $4,589 / mo

109 Days on Market

Highlights

  • Community Beach Access
  • Community Boat Dock
  • Clubhouse
  • The Sanibel School Rated A-
  • Gulf View
  • Furnished

About This Home

As of May 2016

A must see updated condominium. Private top floor unit with upscale cabinets and granite in kitchen and baths. Unit is tiled throughout. Private porch has great peek of the Gulf and is just steps to the beach. Income of $42,749 for 2015 with 39 days of owner use during peak times, and with low commission of 10.5% per rental makes Sanibel Arms West one of the Islands best value. A/C (compressor and air handler) new in 2014. Washer/Dryer, Dishwasher and Stove new in 2015. Plus many other improvements listed in the attachments. A perfect investment and most enjoyable east end Island destination. Enjoy the view and the sun's rays from the pool sundeck above the clubhouse.

Last Agent to Sell the Property

Anthony Gaeta

VIP Realty Sanibel and Captiva License #280500115 Listed on: 12/15/2015

Last Buyer's Agent

Christopher Johnson

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,374

Year Built

  • Built in 1974

Lot Details

  • South Facing Home
  • Sprinkler System
  • Zero Lot Line

Parking

  • Common or Shared Parking

Home Design

  • Garden Home
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Built-Up Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 6 / 50A
  • Assessor Parcel Number 29-46-23-T1-0050A.0060

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, recreation facilities, reserve fund, sewer, water
  • 104 Units
  • Association Phone (239) 472-1138
  • Low-Rise Community
  • Sanibel Arms West Condo Subdivision

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Boat Dock
  • Community Beach Access
  • Shuffleboard Court

Pet Policy

  • No Pets Allowed

Security

  • Security Guard
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,374

Year Built

Built in 1974

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Ownership: Condo
  • Subdivision Name: SANIBEL ARMS WEST CONDO
  • Directions: After crossing the Causeway continue straight through the four corners to the end of the road, turn left on East Gulf Drive. Continue short distance to Sanibel Arms West. Pass the first SAW sign, take the second SAW sign and A6 is there on your left.
  • Architectural Style: Garden Home, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Year Built: 1974
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Living/Dining Room, Shower Only, Separate Shower
  • Living Area: 1040.0
  • Stories: 2
  • Window Features: Sliding, Window Coverings
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Zero Lot Line, Sprinklers Automatic
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf, Partial
  • View: Yes
  • Waterfront Features: See Remarks
  • Waterfront: Yes
  • Disclosures: Disclosure on File, Deed Restriction
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Outdoor Shower, Patio, Tennis Court(s)
  • Patio And Porch Features: Balcony, Patio
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Parking Features: Common, Paved

Utilities

  • Laundry Features: Common Area, Inside
  • Security: Security Guard, Smoke Detector(s)
  • 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: Condo Hotel Community
  • Amenities: Boat Dock, Beach Access, Clubhouse, Laundry, Pool, Shuffleboard Court, Tennis Court(s)
  • Phone: 239-472-1138
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Reserve Fund, Sewer, Water

Lot Info

  • Parcel #: 29-46-23-T1-0050A.0060
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 104

Tax Info

  • Tax Annual Amount: 5374.0
  • Tax Block: 50A
  • Tax Lot: 6
  • Tax Year: 2015

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
Dec 15, 2015
Closed on
May 3, 2016
Sold by
Kraft Donna T
Bought by
Seller's Agent
Anthony Gaeta
VIP Realty Sanibel and Captiva
Buyer's Agent
Christopher Johnson
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%
Current Estimated Value
$722,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,106
Avg. Annual Appreciation
3.12%
Original Mortgage
$367,500
Outstanding Balance
$289,133
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$432,973

Purchase Details

Closed on
Jul 9, 2015
Sold by
Kraft James T and Kraft Donna T
Bought by
Kraft Donna T

Purchase Details

Closed on
Apr 24, 2001
Sold by
Radcliff David H
Bought by
Eisenberg George O and Eisenberg Maida G

Purchase Details

Closed on
Aug 21, 1998
Sold by
Richey Carl S and Richey Myrna M
Bought by
Kraft James T and Kraft Donna T
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Title Group Services
Kraft Donna T -- None Available
Eisenberg George O $700,000 --
Kraft James T $245,000 --
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 $42,500
Open Thoemke Michael Roger $100,000
Open Thoemke Michael Roger $367,500
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
05/03/2016 05/03/16 Sold $525,000 -2.6% $505 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $539,000 -- $518 / 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 $6,140 $69,411 $69,411
2025 $6,140 $434,517 $434,517
2024 $911 $63,101 $63,101
2023 $1,841 $126,894 $0 $126,894
2022 $7,124 $484,829 $0 $0
2021 $6,283 $440,754 $0 $440,754
2020 $6,287 $435,243 $0 $435,243
2019 $6,102 $419,093 $0 $419,093
2018 $6,005 $403,750 $0 $403,750
2017 $6,158 $404,558 $0 $404,558
2016 $5,769 $373,416 $0 $373,416
2015 $5,374 $337,500 $0 $337,500
2014 -- $328,800 $0 $328,800
2013 -- $299,600 $0 $299,600
Source: Public Records

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215070482

Florida Gulf Coast Multiple Listing Service

APN: 29-46-23-T1-0050A.0060

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