NOT LISTED FOR SALE

Loggerhead Cay Condos 979 E Gulf Dr Unit 261 Sanibel, FL 33957

Estimated Value: $833,000 - $877,984

2 Beds
2 Baths
1,235 Sq Ft
0.33 Acres

Last Sold June 15, 2021

Last sale price $695,000 $563 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,714/month

164 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Furnished
  • Sanibel Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of June 2021

Pride of ownership is evident in this colorful remodeled Island style two-bedroom, two bath updated apartment. Featuring tropical decorator appointments, this condo enjoys a strong rental history, beautiful views of the complex grounds, pool, and on to the Gulf of Mexico! Don’t wait to be a part of this popular Island condo complex with on-site management, tennis, large heated pool, a clubhouse, dog-friendly and weekly rentals! East end location and close to all Sanibel amenities!

Last Agent to Sell the Property

Mary Lou Bailey

VIP Realty Sanibel and Captiva License #280500030 Listed on: 12/02/2020

VIP Realty Sanibel and Captiva

Last Buyer's Agent

Eric Pfeifer

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,078

Year Built

  • Built in 1974

Lot Details

  • Northwest Facing Home

Home Design

  • Built-Up Roof
  • Stucco

Interior Spaces

  • 1,235 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 261 / 600
  • Assessor Parcel Number 30-46-23-T2-00600.2610

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, cable TV, insurance, legal/accounting, ground maintenance, recreation facilities, sewer, trash, water
  • 168 Units
  • Association Phone (239) 454-1101
  • Mid-Rise Condominium
  • Loggerhead Cay Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Elevator

Recreation

  • Community Beach Access
  • Shuffleboard Court

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,078

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.3281
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: LOGGERHEAD CAY CONDO
  • Directions: Periwinkle Way to Lindgren to Right onto E Gulf Dr. Complex is on the left
  • Architectural Style: Other, Mid Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1974
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Living/Dining Room, Shower Only, Separate Shower, Cable TV, High Speed Internet, Split Bedrooms
  • Living Area: 1235.0
  • Stories: 4
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf, Partial
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northwest
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Utilities

  • Laundry Features: Inside
  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community, Elevator, Near Hotel/Motel
  • Amenities: Beach Rights, Beach Access, Clubhouse, Barbecue, Picnic Area, Pool, Shuffleboard Court, Tennis Court(s)
  • Phone: 239-454-1101
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Sewer, Trash, Water

Lot Info

  • Parcel #: 30-46-23-T2-00600.2610
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 168

Tax Info

  • Tax Annual Amount: 2078.0
  • Tax Block: 600
  • Tax Lot: 261
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jun 15, 2021
Sold by
Sbl Enterprises Llc
Bought by
Radspinner Paul V and Radspinner Kimberly L
Seller's Agent
Mary Lou Bailey
VIP Realty Sanibel and Captiva
Buyer's Agent
Eric Pfeifer
List Price
$719,000
Sold Price
$695,000
Premium/Discount to List
-$24,000
-3.34%
Current Estimated Value
$847,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,496
Avg. Annual Appreciation
4.82%
Original Mortgage
$556,000
Outstanding Balance
$505,576
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$341,920

Purchase Details

Listed on
Oct 13, 2012
Closed on
Mar 12, 2013
Sold by
Peck Patricia S
Bought by
Sbl Enterprises Llc
Seller's Agent
Mary Lou Bailey
VIP Realty Sanibel and Captiva
Buyer's Agent
Mary Lou Bailey
VIP Realty Sanibel and Captiva
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$420,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 9, 2010
Sold by
Fernandez Manuel A and Gomez Fernandez Carmen R
Bought by
Peck Patricia S and Patricia S Peck Florida Revocable Trust

Purchase Details

Closed on
Apr 3, 2000
Sold by
Geiger John W and Geiger Vicki L
Bought by
Roman Richard A and Roman Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,200
Interest Rate
8.38%
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
Radspinner Paul V $695,000 Superior Ttl Svcs Of Sanibel
Sbl Enterprises Llc $525,000 Barrier Island Title Service
Peck Patricia S $390,000 Barrier Island Title Service
Roman Richard A $444,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radspinner Paul V $556,000
Previous Owner Sbl Enterprises Llc $420,000
Previous Owner Fernandez Manuel A $417,000
Previous Owner Roman Richard A $355,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $695,000 -3.3% $563 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $719,000 +37.0% $582 / Sq Ft
03/12/2013 03/12/13 Sold $525,000 -4.4% $425 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
10/13/2012 10/13/12 For Sale $549,000 -- $445 / Sq Ft
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
2024 $1,254 $48,494 -- $48,494
2023 $1,254 $86,100 $0 $86,100
2022 $7,893 $577,231 $0 $577,231
2021 $6,326 $443,731 $0 $443,731
2020 $6,333 $438,473 $0 $438,473
2019 $6,149 $422,323 $0 $422,323
2018 $6,293 $423,130 $0 $423,130
2017 $6,391 $421,515 $0 $421,515
2016 $5,899 $380,620 $0 $380,620
2015 $6,059 $380,600 $0 $380,600
2014 -- $356,600 $0 $356,600
2013 -- $389,171 $0 $389,171
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mary Lou Bailey

    VIP Realty Sanibel and Captiva

    Section Image

  • E

    Buyer's Agent in 2021

    Eric Pfeifer

    Section Image
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About Loggerhead Cay Condos

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220076508

Florida Gulf Coast Multiple Listing Service

APN: 30-46-23-T2-00600.2610

Florida Lee County Sanibel 33957

979 E Gulf Dr Unit 261, Sanibel, FL

This home is located at 979 E Gulf Dr Unit 261, Sanibel, FL 33957 since 02 December 2020 and is currently estimated at $847,496, approximately $686 per square foot. This property was built in 1974. 979 E Gulf Dr Unit 261 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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