NOT LISTED FOR SALE

9470 Balsa Ct Sanibel, FL 33957

Estimated Value: $863,000 - $1,152,466

3 Beds
2 Baths
2,661 Sq Ft
$370/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $995,000 $374 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,221/month

47 Days on Market

Highlights

  • Lake Front
  • Screened Pool
  • 1.49 Acre Lot
  • Sanibel Elementary School Rated A-
  • 2 Car Garage
  • Lanai

About This Home

As of May 2024

This charming ground level home has been totally redone and is ready to move in. Spacious rooms, electric fireplace, new roof, new kitchen (all appliances are new), tongue and groove ceilings, high end vinyl laminate flooring throughout and a large screened in salt water pool. Added outdoor living with a screened porch and a large travertine patio. The house overlooks a small lake and has a little dock to sit on and enjoy the ever changing birds and wild life. The lot is oversized corner on a small cul de sac. Central location on island, extremely quiet and peaceful setting. Must see!!!

Last Agent to Sell the Property

Cathy Gerasin

Royal Shell Real Estate, Inc. License #3005655 Listed on: 03/19/2024

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Brooke Brownyard

Kingfisher Real Estate Inc. License #645327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,651

Year Built

  • Built in 1979

Lot Details

  • 1.49 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Cul-De-Sac
  • South Facing Home
  • Corner Lot
  • Irregular Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,661 Sq Ft Home
  • 1-Story Property
  • Elevator
  • Ceiling height between 8 to 10 feet
  • Skylights
  • Fireplace
  • Single Hung Wood Windows
  • Sliding Windows
  • Casement Windows
  • Combination Dining and Living Room
  • Home Office
  • Workshop
  • Sun or Florida Room
  • Screened Porch
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Pool

  • Screened Pool
  • In Ground Pool
  • Saltwater Pool
  • Pool Equipment Stays

Additional Features

  • Lanai
  • Central Heating and Cooling System

Community Details

  • Gumbo Limbo Home Owners Association, Phone Number (901) 487-1056
  • Gumbo Limbo Subdivision

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 24-46-22-T4-0010E.0470

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,651

Year Built

Built in 1979

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Subdivision Name: Gumbo Limbo
  • Class: Residential
  • Property Type: Single Family
  • Design: Single Level
  • Legal Description: GUMBO LIMBO UNREC BLK E LOT 47 AS DESC IN OR 1221 PG 1918
  • Strap Number: 24-46-22-T4-0010E.0470
  • Subject To F I R P T A: No
  • Year Built: 1979
  • Folio Id: 10021538
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: Yes
  • Price Per S Q F T: 373.92
  • Total Sq Ft: 5071
  • Appliances: Dishwasher, Disposal, Double Ovens, Dryer, Microwave, Refrigerator-Ice maker, Smoke Detector(s), Washer
  • Estimated Living Sq Ft: 2661
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: Yes
  • Flooring: Laminate Floor, Vinyl Floor
  • Furnished: No
  • Furnishing: Unfurnished
  • Primary Bathroom: Dbl Sinks, Sep. Shower, Sep. Tub
  • Master Bedroom: First Floor
  • Windows: Casement, Single Hung, Skylight, Sliding

Exterior Features

  • Waterfront: Lake
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco, Other Add Agt Note
  • Pool: Yes
  • View: Lake
  • Roads: Cul-de-Sac, Paved, Private
  • Construction Stat: Concrete Block, Frame
  • Pool Description: Below Ground, Caged, Equipment Stays, Saltwater
  • Rear Exposure: South
  • Roof: Metal

Garage/Parking

  • Parking: Auto Garage Opener(s), Double Garage

Utilities

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

Condo/Co-op/Association

  • Association Management: Gumbo Limbo Home Owners
  • Management Company Phone: 901-487-1056
  • HOA: Yes
  • Master Fee: 250
  • Master Fee Period: Annually

Lot Info

  • Acres: 1.49
  • Geo Update Timestamp: 2024-03-19
  • Geo Address Line: 9470 Balsa Ct
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 47
  • Lot Size Irregular: Yes
  • Lot Sq Ft: 64883
  • Lot Sq Ft Source: Leepa
  • Lot Features: Corner, Cul-de-Sac
  • Survey: No

Rental Info

  • Rental: No
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 7651
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Oswalt Michael C and Spare-Oswalt Melanie J
Bought by
Michael C Oswalt Revocable Trust and Melanie J Spare-Oswalt Revocable Trust
Current Estimated Value
$1,007,155

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 28, 2024
Sold by
Valentine Christine Williams
Bought by
Oswalt Michael C and Spare-Oswalt Melanie J
Seller's Agent
Cathy Gerasin
Royal Shell Real Estate, Inc.
Buyer's Agent
Brooke Brownyard
Kingfisher Real Estate Inc.
List Price
$1,050,000
Sold Price
$995,000
Premium/Discount to List
-$55,000
-5.24%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Aug 12, 2022
Sold by
Brubaker Valentine and Brubaker Shannon
Bought by
Hussey John James and Hussey Carrie-Anne Louise

Purchase Details

Listed on
Apr 24, 2015
Closed on
Aug 4, 2015
Sold by
Hebbel Charles E and Hebbel Susan G
Bought by
Valentine Christine Williams
Seller's Agent
Eleanor See
John R. Wood Properties
Buyer's Agent
Cathy Gerasin
Royal Shell Real Estate, Inc.
List Price
$825,000
Sold Price
$800,000
Premium/Discount to List
-$25,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%

Purchase Details

Listed on
Nov 15, 2012
Closed on
Apr 19, 2013
Sold by
Luiszer John A and Luiszer Maureen
Bought by
Hebbel Charles E and Hebbel Susan G
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Daniel Wexler
Michael Saunders & Company
List Price
$725,000
Sold Price
$669,000
Premium/Discount to List
-$56,000
-7.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$604,000
Interest Rate
2.75%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 19, 1999
Sold by
Degennaro Robert and Degennaro Catherine M
Bought by
Luiszer John A and Luiszer Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.87%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Minton Charles and Minton Kathy
Bought by
Luiszer John A and Luiszer Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.04%

Purchase Details

Closed on
Jun 7, 1995
Sold by
Ochs Elmer R and Ochs Inez P
Bought by
Degennaro Robert and Degennaro Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.23%
Source: Public Records

Range of Values:

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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
Michael C Oswalt Revocable Trust $100 None Listed On Document
Oswalt Michael C $995,000 Title Group Services
Hussey John James $1,185,000 Superior Title Services
Valentine Christine Williams $800,000 Attorney
Hebbel Charles E $669,000 Barrier Island Title Service
Luiszer John A $360,000 --
Luiszer John A $141,000 --
Degennaro Robert $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hebbel Charles E $604,000
Previous Owner Luiszer John A $250,000
Previous Owner Luiszer John A $70,000
Previous Owner Luiszer John A $245,000
Previous Owner Luiszer Maureen $124,000
Previous Owner Luiszer Maureen $210,000
Previous Owner Luiszer John A $210,000
Previous Owner Luiszer John A $110,000
Previous Owner Degennaro Robert $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $995,000 -5.2% $374 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $1,050,000 +31.3% $395 / Sq Ft
08/04/2015 08/04/15 Sold $800,000 -3.0% $301 / Sq Ft
07/05/2015 07/05/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $825,000 +23.3% $310 / Sq Ft
04/19/2013 04/19/13 Sold $669,000 -7.7% $251 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $725,000 -- $272 / 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 $8,219 $584,063 $567,041 $10
2023 $7,970 $567,051 $567,041 $10
2022 $9,056 $669,628 $0 $0
2021 $9,120 $656,111 $329,015 $327,096
2020 $9,081 $641,148 $324,415 $316,733
2019 $9,354 $656,496 $281,592 $374,904
2018 $9,423 $648,405 $281,592 $366,813
2017 $9,874 $664,579 $234,228 $430,351
2016 $9,963 $625,180 $238,878 $386,302
2015 $8,787 $580,707 $269,760 $310,947
2014 $8,798 $564,513 $280,591 $283,922
2013 -- $565,308 $165,607 $399,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240291

Sanibel & Captiva Islands Association of REALTORS®

APN: 24-46-22-T4-0010E.0470