NOT LISTED FOR SALE

925 Whelk Dr Unit 37 Sanibel, FL 33957

Estimated Value: $2,275,000 - $2,821,530

0.45 Acre
$5,759,651 Price per Acre
19,602 Sq Ft Lot

Last Sold September 04, 2012

Last sale price $739,000

Est. 251% increase in value since last sale

Current estimated payment $15,615/month

91 Days on Market

Highlights

  • Community Beach Access
  • Docks
  • Home fronts a canal
  • Sanibel Elementary School Rated A-
  • Boat Lift
  • Corner Lot

About This Lot

As of September 2012

This is a rare opportunity to own one of the premier gulf access seawalled lots on Sanibel. Offering a huge footprint with numerous building options, this lot features intersecting canal views and water on two sides. This property insures that any home built would have fantastic views of a wide navigable canal. Other features include a desirable southern orientation, nicely designed boat dock and a high capacity boat lift. Located at the end of a quiet cul-de-sac street just steps from the beach, this Shell Harbor parcel has one of the best neighborhood beach accesses on all of Sanibel.

Last Agent to Sell the Property

LISTING TRANSFER

Royal Shell Real Estate, Inc. Listed on: 06/05/2012

Last Buyer's Agent

Kenneth Colter

Michael Saunders & Company License #507996

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,130

Lot Details

  • Lot Dimensions are 125x162
  • Home fronts a canal
  • Cul-De-Sac
  • Corner Lot
  • Irregular Lot

HOA Fees

  • $6 Monthly HOA Fees

Property Views

  • Canal Views

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 20-46-23-T4-03901.0370

Community Details

Overview

  • Shell Harbor Subdivision

Recreation

  • Community Beach Access
  • Boat Lift
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$12,130

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Subdivision Name: Shell Harbor
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: SHELL HARBOR BLK 1 PG 23 PG 79 LOT 37
  • Strap Number: 20-46-23-T4-03901.0370
  • Folio Id: 10126402
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Canal Salt
  • Coastal Construction: Not Applicable
  • View: Canal
  • Roads: Cul-de-Sac, Public

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fees Disp: Yes - $70/Annually
  • Association Fee: 70
  • Association Fee Period: Annually
  • HOA: Yes
  • Master Association Disp: $0/0

Association/Amenities

  • Community Amenities: Deeded Beach Access

Lot Info

  • Geo Update Timestamp: 2019-07-17
  • Geo Address Line: 925 Whelk Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 37
  • Lot Size: 125x162
  • Lot Features: Bulkhead/Seawall, Corner, Cul-de-Sac
  • Lot Size Feature: Irregular
  • Survey Year Disp: 0 - 0
  • Usage: Single Family

Tax Info

  • Tax Amount: 12130
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2019
Sold by
Magnuson Michael and Magnuson Constance
Bought by
Monroe Rebecca L
Current Estimated Value
$2,591,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,575,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 5, 2012
Closed on
Sep 4, 2012
Sold by
Burkholder James and Burkholder James M
Bought by
Magnuson Michael and Magnuson Constance
Seller's Agent
LISTING TRANSFER
Royal Shell Real Estate, Inc.
Buyer's Agent
Kenneth Colter
Michael Saunders & Company
List Price
$875,000
Sold Price
$739,000
Premium/Discount to List
-$136,000
-15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Feb 27, 2004
Sold by
Stroup Larry and Stroup Kathleen M
Bought by
Burkholder James

Purchase Details

Closed on
Aug 1, 2001
Sold by
Anderson Brian D and Hammond Daphne A
Bought by
Stroup Larry and Stroup Kathleen M

Purchase Details

Closed on
Mar 27, 1997
Sold by
S A S Projects Inc
Bought by
Anderson Brian D and Hammond Daphne A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Monroe Rebecca L $2,250,000 Barrier Island Title
Magnuson Michael $739,000 Superior Title Services Of S
Burkholder James $718,000 --
Stroup Larry $700,000 --
Anderson Brian D $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rebecca L Monroe Revocable Tru $200,000
Open Monroe Rebecca L $1,555,000
Closed Monroe Rebecca L $1,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2012 09/04/12 Sold $739,000 -15.5% --
09/04/2012 09/04/12 Pending -- -- --
06/05/2012 06/05/12 For Sale $875,000 -- --
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 $21,596 $1,557,665 -- --
2023 $21,596 $1,512,296 $0 $0
2022 $19,993 $1,468,249 $0 $0
2021 $20,185 $1,480,107 $805,166 $674,941
2020 $20,137 $1,405,803 $781,250 $624,553
2019 $21,074 $1,426,063 $781,250 $644,813
2018 $21,490 $1,426,005 $781,250 $644,755
2017 $22,467 $1,458,347 $625,000 $833,347
2016 $10,075 $650,462 $650,462 $0
2015 $10,355 $650,462 $650,462 $0
2014 -- $650,462 $650,462 $0
2013 -- $586,762 $586,762 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2120687

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T4-03901.0370