Seller's Agent in 2020
Jeff Burns
Premier Sotheby's Int'l Realty
(312) 925-8469
231 in this area
330 Total Sales
Sanibel Arms West 827 E Gulf Dr Unit M2 Sanibel, FL 33957
Estimated Value: $596,599 - $721,000
2
Beds
2
Baths
1,040
Sq Ft
7,013
Sq Ft Lot
Highlights
- Community Beach Access
- Community Boat Dock
- Community Pool
- Sanibel Elementary School Rated A-
- Clubhouse
- Tennis Courts
About This Home
As of December 2020Listen to the waves crash against the white sand beaches just steps from the front door of this beautifully updated 2 bedroom Sanibel Arms West unit. Nothing was overlooked in the stunning interior remodel that features an open kitchen with a great layout offering upscale cabinetry, granite counter tops, breakfast bar and recessed lighting. The floors are tiled throughout for ease of use and the bathrooms have also been nicely updated. The unit has a great flow accented by newer furnishings and is also very well appointed. Unit was newly painted October 2019. Feel right at home as you enjoy your tropical vacation or take advantage of the amazing income potential and attractive rental management splits if you decide to rent your unit when you are not enjoying it. This GOLD level unit earned $52,232 in rental income in 2018 and 2019 is currently $54,297! Community features a large pool, great beach frontage, on site rental office, and a convenient east end location. Your tropical dream awaits.
Last Agent to Sell the Property
Premier Sotheby's Int'l Realty License #280595636 Listed on: 07/18/2019
Last Buyer's Agent
Stacey Bohannon
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,102
Year Built
- Built in 1974
Lot Details
- 7,013
HOA Fees
- $240 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Flat Roof Shape
- Built-Up Roof
- Stucco
Interior Spaces
- 1,040 Sq Ft Home
- 2-Story Property
- Partially Furnished
- Ceiling Fan
- Sliding Windows
- Combination Dining and Living Room
- Tile Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Screened Patio
- Porch
Additional Features
- Northeast Facing Home
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 2 / 5M0
- Assessor Parcel Number 29-46-23-T1-005M0.0020
Community Details
Overview
- Association fees include management, cable TV, internet, legal/accounting, ground maintenance, recreation facilities, sewer, trash, water
- 104 Units
- Association Phone (239) 472-1138
- Sanibel Arms West Condo Subdivision
Amenities
- Clubhouse
Recreation
- Community Boat Dock
- Community Beach Access
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2019
Closed on
Dec 15, 2020
Sold by
Anthernion 2 Llc
Bought by
Cauble Bretta and Cauble Shannon N
Seller's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
Buyer's Agent
Stacey Bohannon
List Price
$559,000
Sold Price
$525,000
Premium/Discount to List
-$34,000
-6.08%
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
$141,900
Avg. Annual Appreciation
4.64%
Original Mortgage
$393,750
Outstanding Balance
$350,555
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$316,345
Purchase Details
Closed on
Apr 1, 2017
Sold by
Pagio Dominic F and Pagio Julia M
Bought by
Anthemion 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,000
Interest Rate
4.23%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 20, 2016
Sold by
Around The Sand Llc
Bought by
Pagio Dominie F and Pagio Julia M
Purchase Details
Closed on
Jun 21, 2013
Sold by
Strussion Ronald A and Strussion Barbara
Bought by
Around The Sand Llc
Purchase Details
Closed on
Sep 5, 2003
Sold by
Hermann Mathias C
Bought by
Strussion Ronald A and Strussion Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.13%
Purchase Details
Closed on
Feb 12, 2001
Sold by
Hermann Mathias C and Hermann Carolee A
Bought by
Hermann Mathias C
Purchase Details
Closed on
Jul 20, 1998
Sold by
K K G Islands Corp
Bought by
Hermann Mathias C and Hermann Carolee A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cauble Bretta | $525,000 | Coastal Ttl Svcs Of Sw Fl Ll | |
| Anthemion 2 Llc | -- | Coastal Title Svcs Of Sw Flo | |
| Pagio Dominie F | $557,000 | None Available | |
| Around The Sand Llc | $375,000 | Barrier Island Title Service | |
| Strussion Ronald A | $450,000 | -- | |
| Hermann Mathias C | -- | -- | |
| Hermann Mathias C | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cauble Bretta | $393,750 | |
| Previous Owner | Anthemion 2 Llc | $775,000 | |
| Previous Owner | Strussion Ronald A | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/21/2020 12/21/20 | Sold | $525,000 | -6.1% | $505 / Sq Ft |
| 11/21/2020 11/21/20 | Pending | -- | -- | -- |
| 07/18/2019 07/18/19 | For Sale | $559,000 | -- | $538 / 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 | $502,740 | -- | $502,740 |
| 2024 | $1,841 | $63,101 | -- | $63,101 |
| 2023 | $1,841 | $126,894 | $0 | $126,894 |
| 2022 | $7,124 | $484,829 | $0 | $0 |
| 2021 | $6,283 | $440,754 | $0 | $440,754 |
| 2020 | $6,287 | $435,243 | $0 | $435,243 |
| 2019 | $6,102 | $419,093 | $0 | $419,093 |
| 2018 | $6,005 | $403,750 | $0 | $403,750 |
| 2017 | $6,158 | $404,558 | $0 | $404,558 |
| 2016 | $5,788 | $373,416 | $0 | $373,416 |
| 2015 | $5,557 | $349,000 | $0 | $349,000 |
| 2014 | -- | $339,200 | $0 | $339,200 |
| 2013 | -- | $309,400 | $0 | $309,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Burns
-
S
Buyer's Agent in 2020
Stacey Bohannon
About Sanibel Arms West
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 219048923
APN: 29-46-23-T1-005M0.0020
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