See Home Value
$692,094*
House - Off Market

401 Raintree PL

SANIBEL, FL 33957
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1300 Sqft
$428,000 - $522,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
Sold Jan 29, 2020
$412,500
$347,857 by Pnc Bank National Association
Mortgage Due Aug 22, 2062
Sold Mar 27, 2000
$215,000

About This Property

Perfectly charming Sanibel Cottage located on oversized lot, this home is an ideal vacation spot for you and your guests. The property exudes the Old Sanibel private island feeling and features 3 bedrooms and 1.5 baths. Located off Island Inn Road within walking distance to beach pathways, enjoy views of the preserve and expansive property giving you a great sense of privacy. All new windows, plumbing and flooring plus freshly painted inside and out make this a perfect cottage for living out the Sanibel Dream. Property offers abundant space to build larger house and keep Cottage as a guest house. Sale of property includes vacant lot at 393 Raintree Place.

The manager has listed the unit size as 1300 square feet.
Unit Size
1,300Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$365
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974

Price History

Date / Event Date Event Price
Jan 29, 2020 Sold to Barbara A Vickers, Matthew ... $412,500
Sold to Barbara A Vickers, Matthew ...
Jan 18, 2020 No longer available -
No longer available
Sep 15, 2019 Price Decreased $475,000
↓ $44K (8.5%)
Price Decreased
Mar 22, 2019 Price Decreased $519,000
↓ $10K (1.9%)
Price Decreased
Feb 22, 2019 Price Decreased $529,000
↓ $20K (3.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Cottage
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,543
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 1,704
  • Gross Building Area: 1,704
  • Building Area: 1,500
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,500
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: SANIBEL LAKE MUREX
  • Land Acres: 0.265
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: PARL IN E 1/2 OF SW 1/4 OF SE 1/4 AS DESC IN OR 0639/0702

Ownership

  • Current Owner : SCHELL MATTHEW A
  • Current Owner 2: VICKERS BARBARA A
  • Previous Owner : CUNNINGHAM LEROY D
  • Previous Owner 2: CUNNINGHAM CATHY L
  • Owner Before Previous Owner: STOKES EDYTHE J
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 080203

Geography

  • Assessors Map Reference: 9-27
  • Account Number: 10022758
  • Subdivision Tract Number: T3
  • Parcel: 27-46-22-T3-00006.2010
  • Lot: 201
  • Meridian: SEC 27 TWN 46S RNG 22E
  • Municipality: CITY OF SANIBEL
  • Latitude: 26.4301
  • Longitude: -82.0922

    Address

  • Full Address: 401 Raintree Pl
  • Address - House Number: 401
  • Address - Street Name: Raintree
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Sanibel
  • Carrier Code: R804
  • 4-Digit Zip Code: 5634
  • Zip Code: 33957

Valuation

    Tax

  • Total Area: 1,400
  • Tax Year: 2023
  • Tax Amount: $4,902
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2106
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 743,998
  • High Value: 900,737
  • Low Value: 587,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $347,857
  • First Open Lien Mortgage Lender: PNC BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Oct 17, 2022
  • First Open Lien Mortgage Loan Amount: $347,857
  • First Open Lien Mortgage Term: 477
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 22, 2062

    Market Valuation

  • Market Total Value: $315,360
  • Market Land Value: $315,350
  • Market Improvement Value: $10

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $315,360
  • Assessed Land Value: $315,350
  • Assessed Improvements Value: $10

    Sales

  • Current Sale Contract Date: Jan 16, 2020
  • Current Sale Recording Date: Jan 29, 2020
  • Current Sale Transaction ID: 11724660890
  • Current Sale Price: $412,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020000025646
  • Previous Sale Recording Date: Mar 27, 2000
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jan 29, 2020
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About West Gulf Drive


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Frequently Asked Questions

When was property at 401 Raintree Place built and last sold?
The property at 401 Raintree Place was built in 1974 and last sold on Jan 16, 2020 for $412,500.
How much is this home worth?
The estimated value of the home located at 401 Raintree Place is $501,719.
What are some comparable homes to 401 Raintree Place?
There are currently no comparable homes to 401 Raintree Place.

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