Seller's Agent in 2019
Teresa Baker
Royal Shell Real Estate, Inc.
(239) 233-6364
100 in this area
112 Total Sales
Sanibel Arms West 827 E Gulf Dr Unit K5 Sanibel, FL 33957
Estimated Value: $612,848 - $689,000
2
Beds
2
Baths
1,040
Sq Ft
7,013
Sq Ft Lot
Highlights
- Community Beach Access
- Community Boat Dock
- Fitness Center
- Sanibel Elementary School Rated A-
- Property fronts gulf or ocean
- In Ground Pool
About This Home
As of April 2019High rentals and gulf views from this top floor, corner location in sought after "K" building! Generous water views from living room and porch. Just steps to the beautiful sandy beach in front of Sanibel Arms West. The 104 unit complex has a professional on-site rental program, 6 acres and 500' beach frontage. The resort offers pool, tennis, pickel ball, fitness center, bike rentals, canal for docking your boat while in house and storage. The 13 buildings are surrounded by tropical gardens and walking paths. Rental income is very impressive. (we think the best on island). Low 10.5% commission per rental. Complex keeps improving! This nicely appointed and furnished condo shows pride of ownership. "K" building units rarely on the market. Hurry on this one! Cash flow available upon request.
Last Agent to Sell the Property
Royal Shell Real Estate, Inc. License #280596709 Listed on: 01/24/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,961
Year Built
- Built in 1974
Lot Details
- South Facing Home
HOA Fees
- $460 Monthly HOA Fees
Parking
- Common or Shared Parking
Home Design
- Entry on the 2nd floor
- Stucco
Interior Spaces
- 1,040 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Sliding Windows
- Combination Dining and Living Room
Kitchen
- Electric Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Home Security
Pool
- In Ground Pool
- Screen Enclosure
Outdoor Features
- Balcony
- Screened Patio
- Outdoor Storage
- Porch
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 5 / 5K0
- Assessor Parcel Number 29-46-23-T1-005K0.0050
Community Details
Overview
- Association fees include management, cable TV, legal/accounting, ground maintenance, pest control, trash, water
- 104 Units
- Association Phone (239) 472-1138
- Low-Rise Community
- Sanibel Arms West Condo Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Community Storage Space
Recreation
- Community Boat Dock
- Community Beach Access
- Community Basketball Court
Pet Policy
- No Pets Allowed
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2019
Closed on
Apr 17, 2019
Sold by
Janine O Toole Sean and Toole Janine O
Bought by
Kocourek Edward A and Kocourek Suzanne M
Seller's Agent
Teresa Baker
Royal Shell Real Estate, Inc.
Buyer's Agent
Jason Lomano
Royal Shell Real Estate, Inc.
List Price
$579,000
Sold Price
$550,000
Premium/Discount to List
-$29,000
-5.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,147
Avg. Annual Appreciation
2.22%
Purchase Details
Closed on
Feb 17, 2006
Sold by
Otoole Patricia R and Otoole Brian J
Bought by
Otoole Sean and Otoole Janine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kocourek Edward A | $550,000 | Superior Ttl Svcs Of Sanibel | |
| Otoole Sean | $425,000 | Barrier Island Title Service |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Otoole Sean | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2019 04/17/19 | Sold | $550,000 | -5.0% | $529 / Sq Ft |
| 03/18/2019 03/18/19 | Pending | -- | -- | -- |
| 01/24/2019 01/24/19 | For Sale | $579,000 | -- | $557 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
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 | $911 | $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 | $6,029 | $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
-
Teresa Baker
-
Jason Lomano
Buyer's Agent in 2019
Jason Lomano
Royal Shell Real Estate, Inc.
(239) 470-8628
12 in this area
49 Total Sales
About Sanibel Arms West
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 219007839
APN: 29-46-23-T1-005K0.0050
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