NOT LISTED FOR SALE

898 Rabbit Rd Sanibel, FL 33957

Estimated Value: $632,262 - $949,000

0.37 Acre
$2,081,259 Price per Acre
16,117 Sq Ft Lot

Last Sold December 06, 2019

Last sale price $160,000

Est. 364% increase in value since last sale

Current estimated payment $4,401/month

222 Days on Market

About This Lot

As of December 2019

Residential parcel approx. 75' x 200' per Windrow site plan (listing attachment), though Lee County Tax Appraiser's site says 80' x 200'. According to Windrow plat, 50' navigational/drainage easement along back of property which adjoins Catholic Church. Catholic Church also is north neighbor. Utility easement along front with underground phone cable. Neighboring home to the south is on similarly-sized residential Lot 2. Sanibel River Estates has a beach access path at end of Rabbit Rd on West Gulf Dr. Lot 1 appears to be in Eco-Zone G (Altered Land) which allows a single home with minimum lot area 10,000 sq. ft. Impermeable coverage of 35% on area less than 10,000 sq. ft.; 30% on area over 10,000 sq. ft. In Eco-Zone G vegetation removal & developed area allowed is 40% on area less than 10,000 sq. ft., 30% on area over 10,000 sq. ft. Buyer to confirm.

Last Agent to Sell the Property

Susan Andrews

SanibelSusan Realty Associates License #280500144 Listed on: 03/28/2019

Last Buyer's Agent

Susan Andrews

SanibelSusan Realty Associates License #280500144 Listed on: 03/28/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,742

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 80 x 120 x 80 x 120
  • West Facing Home
  • Rectangular Lot

Community Details

  • Metes And Bounds Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 28-46-22-T2-00006.1080

Property Details

Property Type

Land

Est. Annual Taxes

$2,742

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.37
  • Lot Size: 80 x 120 x 80 x 120
  • Road Surface Type: Paved
  • Subdivision Name: METES AND BOUNDS
  • Directions: From Causeway Rd. - turn right on Periwinkle Way. Bear right on Palm Ridge Rd to stop sign. Continue straight onto to Sanibel-Captiva Rd. Turn left on Rabbit Rd. 898 Rabbit Rd is first lot on left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: West

Utilities

  • Sewer: See Remarks
  • Utilities: None
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 28-46-22-T2-00006.1080
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2742.0
  • Tax Block: 0
  • Tax Lot: 1
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Dec 6, 2019
Sold by
Haynoski Barbara
Bought by
Tincher Austin and Tincher Stephanie
Seller's Agent
Susan Andrews
SanibelSusan Realty Associates
Buyer's Agent
Susan Andrews
SanibelSusan Realty Associates
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%
Current Estimated Value
$743,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$583,056
Avg. Annual Appreciation
29.22%
Original Mortgage
$304,950
Outstanding Balance
$269,094
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$500,972
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tincher Austin $160,000 Barrier Island Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tincher Austin $304,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $160,000 -5.9% --
11/06/2019 11/06/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $170,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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
2025 $6,644 $486,417 -- --
2024 $6,644 $472,708 $325,451 $147,257
2023 $8,091 $575,447 $0 $0
2022 $7,542 $558,686 $0 $0
2021 $7,588 $551,801 $173,500 $378,301
2020 $2,500 $173,500 $173,500 $0
2019 $2,687 $173,500 $173,500 $0
2018 $2,742 $173,500 $173,500 $0
2017 $2,802 $173,500 $173,500 $0
2016 $2,750 $173,500 $173,500 $0
2015 $2,503 $147,000 $147,000 $0
2014 $2,530 $147,000 $147,000 $0
2013 -- $190,600 $190,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219024433

Florida Gulf Coast Multiple Listing Service

APN: 28-46-22-T2-00006.1080