$850,000
SOLD SEP 19, 2022

Sanibel Arms West 827 E Gulf Dr Unit K8 Sanibel, FL 33957

2 Beds
2 Baths
1,040 Sq Ft
$460/mo HOA Fee

Recently Sold

$817 Per Sq Ft

4% Below List Price

41 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Fitness Center
  • Sanibel Elementary School Rated A-
  • Property fronts gulf or ocean
  • Outdoor Pool

About This Home

As of September 2022

Gulf views from this two bedroom/two bath turnkey condo at Sanibel Arms West. Sanibel Arms West is a favorite for renters and owners coming down to enjoy the winter. Located on Sanibel's east end, this complex offers a wide, shell laden beach, large pool, clubhouse, community room & internet, grills, extra storage, tennis courts, exercise room & shuffleboard. Known for excellent rentals, the onsite rental office is the best around with a 10.5% split. Open kitchen looks out to the screen lanai with partial gulf views. Decorated in light coastal colors, this unit is being sold with everything needed but your toothbrush to enjoy the Sanibel lifestyle. Unit also features a stack washer & dryer with two porches. One in front facing the gulf and another small balcony off the master bedroom. Current owners have owned and maintained the until since the 90's. Light and bright unit with upstairs corner location allowing for better views.

Last Agent to Sell the Property

Teresa Baker

Royal Shell Real Estate, Inc. License #3162962 Listed on: 07/12/2022

Royal Shell Real Estate, Inc.

Last Buyer's Agent

OTHER OTHER

Other

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,498

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $460 Monthly HOA Fees

Interior Spaces

  • 1,040 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Open Parking

Outdoor Features

  • Outdoor Pool
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot K-8
  • Assessor Parcel Number 29-46-23-T1-005K0.0080

Community Details

Overview

  • Association fees include exter pest control, irrigation, landscape/lawn, legal and accounting, manager, parking, pool service, recreation facilities, sewer, trash, water
  • Sanibel Arms West/Steve Snyder Manager Association, Phone Number (239) 472-1138
  • Sanibel Arms West Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Beach Access
  • Shuffleboard Court

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,498

Year Built

Built in 1974

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: SANIBEL ARMS WEST CONDO OR 841 PG 619 APT K-8
  • Strap Number: 29-46-23-T1-005K0.0080
  • Subject To F I R P T A: No
  • Year Built: 1974
  • Level: 2
  • Pet Limits: Pets are not allowed
  • Pets: Not Allowed
  • Folio Id: 10127912
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 817.31
  • Total Sq Ft: 1260
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator, Water Heater
  • 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: Yes
  • Furnishing: Fully Furnished

Exterior Features

  • Misc Exterior: Const. Complete
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: In Front of 1974
  • Pool: Yes
  • View: Part Gulf View

Garage/Parking

  • Parking: Guest, Open

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling, Ceiling Fan(s)
  • Heating: Central Heat
  • Security: See Remarks

Condo/Co-op/Association

  • Association Fees Disp: Y - $460/M
  • Association Fee: 460
  • Association Fee Period: Monthly
  • Association Right Of Refusal: Yes
  • Association Management: Sanibel Arms West/Steve Snyder Manager
  • Management Company Phone: 239-472-1138
  • Condo Amenities: Boat Docks, Clubhouse, Community Laundry, Deeded Beach Access, Exercise Room, Grills, Rental Office on Site, Separate Storage, Shuffleboard, Tennis Court(s), WiFi
  • Condo Name: Sanibel Arms West
  • Fees Include: Exter Pest Control, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $0/
  • Members Right Of Refusal: Yes

Lot Info

  • Geo Update Timestamp: 2022-07-12
  • Geo Address Line: 827 E Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: K-8

Rental Info

  • Application Required: Yes
  • Rent History: Per the owner, gross income in 2021 was $60,205.22
  • Rent Phone: 239-472-1138
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 6498
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Sep 19, 2022
Sold by
Barbara B Hodge Revocable Trust
Bought by
Christie Realty Llc
Seller's Agent
Teresa Baker
Royal Shell Real Estate, Inc.
Buyer's Agent
OTHER OTHER
Other
List Price
$889,000
Sold Price
$850,000
Premium/Discount to List
-$39,000
-4.39%
Total Days on Market
41
Current Estimated Value
$766,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,754
Avg. Annual Appreciation
-3.57%

Purchase Details

Closed on
Jan 14, 1997
Sold by
Hodge George E
Bought by
Hodge George E and Hodge Barbara B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 Superior Title Services
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2022 09/19/22 Sold $850,000 -4.4% $817 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $889,000 -- $855 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $911 $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

    Seller's Agent in 2022

    Teresa Baker

    Royal Shell Real Estate, Inc.

    (239) 233-6364

    103 in this area

    112 Total Sales

    Section Image

  • O

    Buyer's Agent in 2022

    OTHER OTHER

    Other

See All Agents

About Sanibel Arms West

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2220532

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-005K0.0080

Florida Lee County Sanibel 33957

827 E Gulf Dr Unit K8, Sanibel, FL

This home is located at 827 E Gulf Dr Unit K8, Sanibel, FL 33957 and is currently priced at $850,000, approximately $817 per square foot. This property was built in 1974. 827 E Gulf Dr Unit K8 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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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