NOT LISTED FOR SALE

Loggerhead Cay Condos 979 E Gulf Dr Unit C353 Sanibel, FL 33957

Sanibel Area

Estimated Value: $772,945

2 Beds
2 Baths
1,235 Sq Ft
0.35 Acre Lot

Sale Details

Date Sold: July 30, 2015

Last sale price $480,000 $389 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,084 / mo

73 Days on Market

Highlights

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

About This Home

As of July 2015

Cheerful 3rd floor 2-bedroom 2-bath condo with view over tropical courtyard to gulf beach. Loggerhead Cay is well-known for its stable association, excellent building maintenance, well-tended grounds, & wide floor plan. In 2012, the complex was replumbed & parking areas were changed to pavers. Amenities include waterside Olympic-sized pool, tennis, clubhouse with kitchen facilities, shuffleboard, & bbq area. Financials include strong reserves. This condo for many years has earned $35K+/year in rental income. (Note streaming video was filmed before the new living room furniture added as shown in the photos.) Per 2015 budget: $496/month condo fee, $104/month reserves = $600/month total.

Last Agent to Sell the Property

Susan Andrews

SanibelSusan Realty Associates License #280500144 Listed on: 04/17/2015

Last Buyer's Agent

Anna Turner

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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,443

Year Built

  • Built in 1976

Lot Details

  • Property fronts gulf or ocean
  • North Facing Home

Home Design

  • Garden Home
  • Entry on the 3rd floor
  • Flat Roof Shape
  • Built-Up Roof
  • Stucco

Interior Spaces

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-46-23-T2-0070C.3530

Community Details

Overview

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

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Beach Access
  • Shuffleboard Court

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,443

Year Built

Built in 1976

Lot Details

0.35 Acres

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • MLS Status: Closed
  • Standard Status: Closed
  • Subdivision Name: Loggerhead Cay Condo
  • Directions: From Causeway Rd., straight thru 4-way stop onto Lindgren Blvd. At stop sign, turn right onto East Gulf Dr. Loggerhead Cay is on the left.
  • Architectural Style: Garden Home, Other, Mid Rise
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: No
  • Year Built: 1976
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Living/Dining Room, Tub Shower
  • Living Area: 1235.0
  • Stories: 4
  • Window Features: Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf, Landscaped
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: Coastal Zone
  • Construction Type: Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Outdoor Shower, Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Parking Features: Assigned, Guest, Paved, One Space

Utilities

  • 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: Elevator, Non-Gated
  • Amenities: Beach Access, Clubhouse, 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, Maintenance Grounds, Sewer, Trash, Water

Lot Info

  • Parcel #: 30-46-23-T2-0070C.3530
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 168

Tax Info

  • Tax Annual Amount: 6443.0
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jul 30, 2015
Sold by
Rasmussen Paul and Rasmussen Lori
Bought by
Seller's Agent
Susan Andrews
SanibelSusan Realty Associates
Buyer's Agent
Anna Turner
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Current Estimated Value
$772,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,945
Avg. Annual Appreciation
4.35%
Original Mortgage
$39,700
Outstanding Balance
$30,368
Interest Rate
4.04%
Mortgage Type
Unknown
Estimated Equity
$742,577

Purchase Details

Closed on
Apr 19, 2005
Sold by
Baumrucker Jeffrey H and Baumrucker Monique M
Bought by
Rasmussen Paul and Rasmussen Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sanibel, FL

  • Chrissy Avila Real Estate Agent - Sellstate Priority Realty

    Chrissy Avila

    Responds Quickly

    Sellstate Priority Realty

    (239) 376-8206

    66 Total Sales

    2 in Sanibel

    $1,035,000 Price Range

    Chrissy Avila
     Section Image
  • Deborah Smith Real Estate Agent - Michael Saunders & Company

    Deborah Smith

    Michael Saunders & Company

    (239) 990-8359

    118 Total Sales

    74 in Sanibel

    $320K - $3.3M Price Range

    Deborah Smith
     Section Image
  • Tyler Kinney Real Estate Agent - Royal Shell Real Estate, Inc.

    Tyler Kinney

    Royal Shell Real Estate, Inc.

    (239) 310-6069

    273 Total Sales

    1 in Sanibel

    $850,000 Price

    Tyler Kinney
     Section Image
  • Zeke Garcia Real Estate Agent - Realty One Group MVP

    Zeke Garcia

    Realty One Group MVP

    (239) 251-6451

    36 Total Sales

    2 in Sanibel

    $440,000 Price Range

    Zeke Garcia
     Section Image
  • Gary Chappell Real Estate Agent - Royal Shell Real Estate, Inc.

    Gary Chappell

    Royal Shell Real Estate, Inc.

    (260) 264-8249

    103 Total Sales

    2 in Sanibel

    $2,500,000 Price Range

    Gary Chappell
     Section Image
  • Todd Tooley Real Estate Agent - John R. Wood Properties

    Todd Tooley

    John R. Wood Properties

    (239) 236-9694

    149 Total Sales

    2 in Sanibel

    $1,060,000 Price Range

    Todd Tooley
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$480,000 Barrier Island Title Service
Rasmussen Paul $310,000 Executive Title Ins Svcs Inc
Rasmussen Paul $310,000 Executive Title Ins Svcs Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $39,700
Previous Owner Rasmussen Paul $496,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/30/2015 07/30/15 Sold $480,000 -3.8% $389 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $499,000 -- $404 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,249 $550,528 $550,528
2025 $8,249 $584,240 $584,240
2024 $1,254 $48,494 $48,494
2023 $1,254 $86,100 $0 $86,100
2022 $7,768 $528,710 $0 $0
2021 $6,850 $480,645 $0 $480,645
2020 $6,857 $474,810 $0 $474,810
2019 $6,653 $457,045 $0 $457,045
2018 $6,808 $457,853 $0 $457,853
2017 $6,943 $456,238 $0 $456,238
2016 $6,430 $414,971 $0 $414,971
2015 $6,615 $415,600 $0 $415,600
2014 -- $400,500 $0 $400,500
2013 -- $391,668 $0 $391,668
Source: Public Records

Agents Affiliated with this Home

  • Susan Andrews Real Estate Agent - SanibelSusan Realty Associates

    Seller's Agent in 2015

    Susan Andrews

    SanibelSusan Realty Associates

    (239) 565-3128

    33 Total Sales

    Susan Andrews
    Section Image

  • AT

    Buyer's Agent in 2015

    Anna Turner

    Section Image
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About Loggerhead Cay Condos

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 215024667

Florida Gulf Coast Multiple Listing Service

APN: 30-46-23-T2-0070C.3530

Florida Lee County Sanibel 33957

979 E Gulf Dr Unit C353, Sanibel, FL

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Southwest Florida Multiple Listing Service. All Rights Reserved

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