NOT LISTED FOR SALE

Sanibel Arms West 827 E Gulf Dr Unit L4 Sanibel, FL 33957

Estimated Value: $582,447 - $923,000

2 Beds
2 Baths
967 Sq Ft
7,013 Sq Ft Lot Lot

Sale Details

Date Sold: May 18, 2016

Last sale price $520,000 $538 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,732 / mo

18 Days on Market

Highlights

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

About This Home

As of May 2016

Two bedroom Two Bath ground floor unit with an extra window. Walk right out the front door to the Gulf of Mexico or the Swimming Pool. Sit on your lanai and enjoy the Gulf views. King bed in master bedroom, 2 twin beds in the guest bedroom and a queen sleeper sofa in the living room. A 37" flat screen TV with DVD in the living room, a 13" TV in the master bedroom and a 13" TV in the guest bedroom.Unit has all tile except in bedrooms and pass through kitchen. Washer and dryer is located in the hall closet. Grab bars in the master bathroom for convenience.Turn key unit al you need to bring is your tooth brush and cloths to enjoy all this complex has to offer. Large Screened in pool, 2 Tennis courts, Gas BBQ Grills, club House, 3 Boat docks. Sanibel Arms West has some of the lowest fees on the Island $460 a month and 10.5% of rentals paid to the onsite rental office. Owners storage located behind the unit

Last Agent to Sell the Property

Lori Schulz

Pfeifer Realty Group LLC License #3220915 Listed on: 03/31/2016

Co-Listed By

Aron Hubers

Portside Property Group LLC License #3283992

Last Buyer's Agent

Deborah Staley

Royal Shell Real Estate, Inc. License #3014508

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,756

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 967 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Door Monitored By TV
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only

Parking

  • Guest Parking
  • Open Parking

Pool

Outdoor Features

  • Sun Deck
  • Docks
  • Patio
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 29-46-23-T1-005L0.0040

Community Details

Overview

  • Association fees include cable TV, exter pest control, exterior main/repair, inter pest control, irrigation, landscape/lawn, legal and accounting, manager, pool service, recreation facilities, trash, water
  • Sanibel Arms West Association, Phone Number (239) 472-1138
  • Sanibel Arms West Community

Amenities

  • Community Barbecue Grill
  • Courtyard
  • Clubhouse
  • Recreation Room
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Boat Dock
  • Fishing Pier
  • Gulf Boat Access
  • Community Beach Access
  • Community Basketball Court
  • Shuffleboard Court

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,756

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: Ground Level, Split Bedrooms
  • Legal Description: SANIBEL ARMS WEST CONDO OR 841 PG 619 APT L-4
  • Strap Number: 29-46-23-T1-005L0.0040
  • Year Built: 1974
  • Folio Id: 10127916
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 537.75
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Electric, Refrigerator, Smoke Detector(s), Stack Washer/Dryer, Washer
  • Estimated Living Sq Ft: 967
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 2
  • Den: No
  • Fireplace: Yes
  • Floor: 1
  • Flooring: Carpet, Tile Floor
  • Furnished Disp: Yes - Fully Furnished,Inventory Avail.
  • Furnished: Yes
  • Furnishing: Fully Furnished, Inventory Avail.
  • Primary Bathroom: Shower Only, Tile
  • Master Bedroom: Carpet, First Floor, Porch
  • Windows: Sliding

Exterior Features

  • Misc Exterior: CBS, Ground Level
  • Waterfront: Canal Salt, Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Stucco
  • 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: Heat Pump
  • Security: TV Camera

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: Basketball Court, Boat Docks, Cable, Clubhouse, Community Laundry, Community Room, Courtyard, Deeded Beach Access, Exercise Room, Fishing Pier, Grills, Pool, Rental Office on Site, Separate Storage, Shuffleboard, Tennis Court(s)
  • Condo Name: Sanibel Arms West
  • Fees Include: Cable TV, Exter Pest Control, Exterior Main/Repair, Inter Pest Control, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Recreation Facilities, 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: Rental income for 2015 was $49,215.75. Currently booked the 2016 season thru April 9th. Onsite rentals by Sanibel Arms West 3 day minimum rental.
  • Rent Phone: 239-472-1138
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 5756
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 18, 2016
Sold by
Hansen John M
Bought by
Dings Edward As and Dings Nancy A
Seller's Agent
Lori Schulz
Pfeifer Realty Group LLC
Buyer's Agent
Deborah Staley
Royal Shell Real Estate, Inc.
List Price
$524,900
Sold Price
$520,000
Premium/Discount to List
-$4,900
-0.93%
Current Estimated Value
$712,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,612
Avg. Annual Appreciation
3.21%
Original Mortgage
$416,000
Outstanding Balance
$330,408
Interest Rate
3.59%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$382,204

Purchase Details

Closed on
Jun 18, 1993
Sold by
Hansen John M and Hansen Sandra M
Bought by
Hansen John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Dings Edward As $520,000 Superior Title Services Of S
Hansen John M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dings Edward As $416,000
Previous Owner Hansen John M $161,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2016 05/18/16 Sold $520,000 -0.9% $538 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $524,900 -- $543 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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 $5,923 $419,102 -- $419,102
2024 $1,841 $63,101 -- $63,101
2023 $1,841 $126,894 $0 $126,894
2022 $7,626 $519,030 $0 $0
2021 $6,725 $471,845 $0 $471,845
2020 $6,729 $465,928 $0 $465,928
2019 $6,536 $448,970 $0 $448,970
2018 $6,437 $432,820 $0 $432,820
2017 $6,661 $437,665 $0 $437,665
2016 $6,223 $406,335 $0 $406,335
2015 $5,756 $361,500 $0 $361,500
2014 $5,597 $348,700 $0 $348,700
2013 -- $315,600 $0 $315,600
Source: Public Records

Agents Affiliated with this Home

  • Lori Schulz

    Seller's Agent in 2016

    Lori Schulz

    Pfeifer Realty Group LLC

    (239) 395-3936

    23 in this area

    56 Total Sales

    Lori Schulz
    Section Image
  • Aron Hubers

    Seller Co-Listing Agent in 2016

    Aron Hubers

    Portside Property Group LLC

    (239) 250-9300

    18 in this area

    59 Total Sales

    Aron Hubers
    Section Image

  • D

    Buyer's Agent in 2016

    Deborah Staley

    Royal Shell Real Estate, Inc.

    (239) 850-3224

    3 in this area

    12 Total Sales

    Deborah Staley
    Section Image
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About Sanibel Arms West

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2160394

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-23-T1-005L0.0040

Florida Lee County Sanibel 33957

827 E Gulf Dr Unit L4, 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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