NOT LISTED FOR SALE

Sanibel Arms West 827 E Gulf Dr Unit G5 Sanibel, FL 33957

Estimated Value: $616,692 - $916,000

2 Beds
2 Baths
1,040 Sq Ft
7,013 Sq Ft Lot

Sale Details

Date Sold: March 12, 2015

Last sale price $490,000 $471 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,942 / mo

553 Days on Market

Highlights

  • Community Beach Access
  • Community Boat Dock
  • Pool
  • Sanibel Elementary School Rated A-
  • Home fronts navigable water
  • Partial Gulf or Ocean Views

About This Home

As of March 2015

Nicely decorated 2 bedroom, 2 bath condo. Corner unit with additional side window makes this bright and airy. Large screened lanai offers views of the Gulf. This unit has a washer and dryer and also has a private separate storage locker. This desirable East end location, onsite rental office and their low fees make this a good investment property. The onsite amenities of the pool, sundeck, tennis courts and boat dock and being only a few short steps to the beach make this a popular destination resort. See it now because it's already booked most of Season 2014!!!

Last Agent to Sell the Property

Cathy Gerasin

Royal Shell Real Estate, Inc. License #3005655 Listed on: 09/03/2013

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Lynda Traverso

Traverso Residential License #470579

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,316

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Elevated Home
  • Entry on the 2nd floor
  • Stone Trim
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,040 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
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower

Home Security

Parking

  • No Garage
  • Guest Parking
  • Open Parking

Pool

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 29-46-23-T1-0050G.0050

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, recreation facilities, sewer, trash, water
  • Sanibel Arms West Association, Phone Number (239) 472-1138
  • Sanibel Arms West Community

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Boat Dock
  • Gulf Boat Access
  • Community Beach Access
  • Shuffleboard Court

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,316

Year Built

Built in 1974

Lot Details

7,013 Sq Ft Lot

HOA Fees

$460 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Traditional
  • Legal Description: SANIBEL ARMS WEST CONDO OR 841 PG 619 APT G-5
  • Strap Number: 29-46-23-T1-0050G.0050
  • Year Built: 1974
  • Folio Id: 10127877
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 471.15
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Electric, Refrigerator, Smoke Detector(s), Stack Washer/Dryer, Washer
  • Estimated Living Sq Ft: 1040
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 2
  • Flooring: Carpet, Tile Floor
  • Furnished Disp: Yes - Fully Furnished
  • Furnished: Yes
  • Furnishing: Fully Furnished
  • Primary Bathroom: Shower Only
  • Master Bedroom: Porch
  • Windows: Single Hung, Sliding

Exterior Features

  • Misc Exterior: CBS, Partially Elevated
  • Waterfront: Canal Salt, Gulf, Navigable
  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stone, Trim Stucco
  • Pool: Yes
  • View: Part Gulf View

Garage/Parking

  • Parking: Guest, No Garage/Carport, Open

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s)
  • Heating: Central Heat

Condo/Co-op/Association

  • Association Fees Disp: Yes - $460/Monthly
  • Association Fee: 460
  • Association Fee Period: Monthly
  • Association Management: Sanibel Arms West
  • Management Company Phone: 239-472-1138
  • Condo Amenities: Boat Docks, Cable, Clubhouse, Community Laundry, Deeded Beach Access, Pool, Shuffleboard, Tennis Court(s)
  • Condo Name: Sanibel Arms West
  • Fees Include: Cable TV, Exterior Main/Repair, Insurance Bldg, Inter Pest Control, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $0/0

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 827 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Rental Info

  • Rent History: See attachments for rental history. Heavily rented and only 11% rental commission.
  • Rent Phone: 239-472-1138
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 5316
  • Tax Year: 2014

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
Sep 3, 2013
Closed on
Mar 12, 2015
Sold by
Bought by
Seller's Agent
Cathy Gerasin
Royal Shell Real Estate, Inc.
Buyer's Agent
Lynda Traverso
Traverso Residential
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Current Estimated Value
$735,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$245,020
Avg. Annual Appreciation
3.44%
Original Mortgage
$250,000
Interest Rate
0.0387%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 19, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 4, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
0.0573%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$490,000 Barrier Island Title Service
-- None Available
$538,000 Executive Title Ins Svcs Inc
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
Closed $250,000
Closed $128,000
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
03/12/2015 03/12/15 Sold $490,000 -6.7% $471 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
09/03/2013 09/03/13 For Sale $525,000 -- $505 / 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
2025 $6,140 $434,517 -- $434,517
2024 $1,841 $63,101 -- $63,101
2023 $1,841 $126,894 $0 $126,894
2022 $7,368 $501,474 $0 $0
2021 $6,498 $455,885 $0 $455,885
2020 $6,508 $450,585 $0 $450,585
2019 $6,313 $433,628 $0 $433,628
2018 $6,209 $417,478 $0 $417,478
2017 $6,403 $420,708 $0 $420,708
2016 $6,078 $392,172 $0 $392,172
2015 $5,594 $351,300 $0 $351,300
2014 -- $343,800 $0 $343,800
2013 -- $312,900 $0 $312,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cathy Gerasin

    Royal Shell Real Estate, Inc.

    (239) 410-4699

    9 Total Sales

    Cathy Gerasin
    Section Image
  • Lynda Traverso

    Buyer's Agent in 2015

    Lynda Traverso

    Traverso Residential

    (239) 707-9549

    22 Total Sales

    Lynda Traverso
    Section Image
See All Agents

About Sanibel Arms West

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2130879

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-0050G.0050

Florida Lee County Sanibel 33957

827 E Gulf Dr Unit G5, 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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