NOT LISTED FOR SALE

Estimated Value: $645,611

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

Sale Details

Date Sold: May 3, 2016

Last sale price $425,000 $409 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,149 / mo

59 Days on Market

Highlights

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

About This Home

As of May 2016

One of Sanibel's best investments! Gross income for 2015 exceeds $39,800.00. Onsite manager and rental office with rental commission only 10.5%! Corner unit with tile throughout the entire unit. The baths have been nicely updated and the kitchen opens to the living room with a breakfast bar. Washer and dryer are in the unit. The master bedroom has a screened lanai attached with a screen door providing direct access to the swimming pool. The unit also boasts a very large lanai off of the living/dining area. Nicely furnished too! This is a very spacious condo and is one of the best income producers currently for sale on Sanibel.

Last Agent to Sell the Property

Lynda Traverso

VIP Realty Sanibel and Captiva License #280500085 Listed on: 02/03/2016

Last Buyer's Agent

Bob Radigan

Premier Sotheby's Int'l Realty License #280500150

Premier Sotheby's Int'l Realty
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

  • $5,911

Year Built

  • Built in 1974

Lot Details

  • East Facing Home
  • Zero Lot Line

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Built-Up Roof
  • Stone Siding
  • Stucco

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Canal Access
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 4 / 5J0
  • Assessor Parcel Number 29-46-23-T1-005J0.0040

Community Details

Overview

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

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Community Boat Dock
  • Community Beach Access

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,911

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: From Causeway Road, straight through stop sign to Lindgren Blvd., left on East Gulf Drive to Sanibel Arms West.
  • Architectural Style: Other, Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1974
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

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

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: In Ground, Screen Enclosure, Community
  • Pool Private: Yes
  • View: Pool
  • Waterfront Features: Canal Access, Gulf
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stone, Stucco
  • Direction Faces: East
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Parking Features: Assigned, Guest, One Space

Utilities

  • Laundry Features: Common Area
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Condo Hotel Community
  • Amenities: Boat Dock, Beach Access, Clubhouse, Laundry, Pool, 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, Sewer, Trash, Water

Lot Info

  • Parcel #: 29-46-23-T1-005J0.0040
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 104

Tax Info

  • Tax Annual Amount: 5911.0
  • Tax Block: 5J0
  • Tax Lot: 4
  • 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
Feb 3, 2016
Closed on
May 3, 2016
Sold by
Essig David J and Essig Linda D
Bought by
Seller's Agent
Lynda Traverso
VIP Realty Sanibel and Captiva
Buyer's Agent
Bob Radigan
Premier Sotheby's Int'l Realty
List Price
$462,000
Sold Price
$425,000
Premium/Discount to List
-$37,000
-8.01%
Current Estimated Value
$645,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,611
Avg. Annual Appreciation
4.11%
Original Mortgage
$318,700
Outstanding Balance
$245,335
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$400,276

Purchase Details

Closed on
Jun 24, 1994
Sold by
Corrigan Daniel P and Corrigan Judith A
Bought by
Essig David J and Essig Linda D
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
$425,000 Realty Title Svcs Of Sanibel
Essig David J $215,000 --
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 $318,700
Previous Owner Essig David J $300,000
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
05/03/2016 05/03/16 Sold $425,000 -8.0% $409 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $462,000 -- $444 / 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 $6,051 $69,411 $69,411
2025 $6,051 $428,183 $428,183
2024 $1,841 $63,101 $63,101
2023 $1,841 $126,894 $0 $126,894
2022 $7,615 $518,008 $0 $0
2021 $6,712 $470,916 $0 $470,916
2020 $6,705 $464,313 $0 $464,313
2019 $6,513 $447,355 $0 $447,355
2018 $6,401 $430,398 $0 $430,398
2017 $6,587 $432,820 $0 $432,820
2016 $6,383 $416,100 $0 $416,100
2015 $5,911 $371,300 $0 $371,300
2014 $5,706 $354,700 $0 $354,700
2013 -- $323,200 $0 $323,200
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: 216009012

Florida Gulf Coast Multiple Listing Service

APN: 29-46-23-T1-005J0.0040

Your Personal Tour Guide

Ask me questions while you tour the home.