NOT LISTED FOR SALE

916 Palm St Sanibel, FL 33957

Estimated Value: $556,000 - $1,151,000

5 Beds
4 Baths
2,880 Sq Ft
$275/Sq Ft Est. Value

Last Sold September 16, 2013

Last sale price $509,250 $177 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,802/month

67 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • 1-Story Property
  • Sanibel Elementary School Rated A-
  • Tile Flooring
  • Central Heating

About This Home

As of September 2013

Unique property with income and investment potential on a quiet street centrally located off Periwinkle Way! Two buildings with three units on a large lot with a nice courtyard between the buildings. One building (which is presently owner occupied) is a 2/2 with office, screened porch, stacked washer and dryer and more. The other building has two unit which are rented annually - a 1/1 and a 2/1. Rent all three or keep one for owner usage. The buildings have been well maintained and updated.

Last Agent to Sell the Property

Janie Howland

VIP Realty Sanibel and Captiva License #662796 Listed on: 07/08/2013

Last Buyer's Agent

Janie Howland

VIP Realty Sanibel and Captiva License #662796 Listed on: 07/08/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,412

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 100 x 115

Parking

  • No Garage

Home Design

  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property
  • Single Hung Wood Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling Available
  • Central Heating
  • Water Heater

Community Details

  • No Home Owners Association
  • Sanibel Center Subdivision

Listing and Financial Details

  • Tax Lot 3 - 5
  • Assessor Parcel Number 19-46-23-T4-00902.0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,412

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Subdivision Name: Sanibel Center
  • Class: Residential
  • Property Type: Multi Family
  • Design: Single Level
  • Legal Description: SANIBEL CENTER BLK.2 PB 7 PG 62 LOTS 3 THRU 5
  • Strap Number: 19-46-23-T4-00902.0030
  • Year Built: 1974
  • Miscellaneous: Other Add Agt Note
  • Folio Id: 10125439
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 176.82
  • Total Sq Ft: 3245
  • Appliances: Dishwasher, Range Electric, Refrigerator, Stack Washer/Dryer, Water Heater
  • Estimated Living Sq Ft: 2880
  • Bathrooms: 4
  • Bathrooms Display: 4/0
  • Bedrooms: 5
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor
  • Furnished Disp: No - Unfurnished
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: Single Hung
  • Guest Bathrooms: 2
  • Guest Bedrooms: 3
  • Living Area: 1440
  • Guest House Sq Ft: 1680
  • Main Bathrooms: 2
  • Main Bedrooms: 2
  • Main House Living Sq Ft: 1449
  • Main House Sq Ft: 1565

Exterior Features

  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco
  • Pool: No
  • View: Other Add Agt Note
  • Roads: Shell
  • Construction Stat: Concrete Block, Ground Level, Slab
  • Roof: Metal

Garage/Parking

  • Parking: No Garage/Carport

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 916 Palm St
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 3 - 5
  • Lot Size: 100 X 115
  • Lot Features: Other Add Agt Note
  • Survey Year: 2000
  • Survey: Yes

Rental Info

  • Rental: Yes
  • Rent History: Three separate units. SFH is owner occupied. 2/1 rental has annual tenant paying $1250/month.
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 4412
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2018
Sold by
Guiffre Joseph M and Guiffre Ann
Bought by
Billheimer Michael S and Williams Mary Ann
Current Estimated Value
$790,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,400
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 8, 2013
Closed on
Sep 16, 2013
Sold by
Schwab Warren A and Cort Jodi
Bought by
Guiffre Joseph M and Guiffre Ann
Seller's Agent
Janie Howland
VIP Realty Sanibel and Captiva
Buyer's Agent
Janie Howland
VIP Realty Sanibel and Captiva
List Price
$529,000
Sold Price
$509,250
Premium/Discount to List
-$19,750
-3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Feb 13, 2004
Sold by
Foye Martin J and Foye Erika H
Bought by
Schwab Warren A and Cort Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 8, 2000
Sold by
Regan Kenneth and Regan Jacqueline
Bought by
Foye Martin J and Foye Erika H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.81%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Billheimer Michael S $530,000 Attorney
Guiffre Joseph M $509,300 Superior Title Services Of S
Schwab Warren A $560,000 --
Foye Martin J $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billheimer Michael S $283,100
Closed Billheimer Michael S $371,000
Closed Billheimer Michael S $491,400
Previous Owner Schwab Warren A $34,000
Previous Owner Schwab Warren A $448,000
Previous Owner Schwab Warren A $448,000
Previous Owner Foye Martin J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $509,250 -3.7% $177 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $529,000 -- $184 / 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 $6,007 $645,053 -- --
2023 $6,007 $315,106 $315,096 $10
2022 $9,686 $533,102 $0 $0
2021 $8,325 $484,638 $186,000 $298,638
2020 $8,056 $464,300 $186,000 $278,300
2019 $8,776 $516,815 $186,000 $330,815
2018 $8,954 $520,029 $186,000 $334,029
2017 $8,778 $506,308 $186,000 $320,308
2014 -- $370,710 $164,025 $206,685
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Janie Howland

    VIP Realty Sanibel and Captiva

See All Agents

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2130708

Sanibel & Captiva Islands Association of REALTORS®

APN: 19-46-23-T4-00902.0030

Florida Lee County Sanibel 33957

916 Palm St, Sanibel, FL

This home is located at 916 Palm St, Sanibel, FL 33957 since 08 July 2013 and is currently estimated at $790,939, approximately $274 per square foot. This property was built in 1974. 916 Palm St 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.

Nearby Homes