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693 Rabbit Road

693 Rabbit Road, Sanibel, FL 33957
Property in West Gulf Drive
Sold Aug 07, 2019
$485,500
$388,400 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2049
Sold Jun 18, 1999
$174,000
$165,300 by Crossland Mtg Corp
Mortgage
693 Rabbit Road has been categorized by the local assessors in Sanibel, FL as a residential type of property. The building on the property was first built in 1981 and is 43 years old. However, we must point out that the home was most recently renovated and altered in 1984. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 693 Rabbit Road has 1,378 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 14,767 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,220 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a hip style roof made of asphalt. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 693 Rabbit Road sold most recently in Aug 2, 2019 for a total of $485,500. If you work out the math, that's approximately a cost of $143.34 per sqft. Before that, the property was also sold for $174,000 in Jun 15, 1999. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,444 in taxes each year. 693 Rabbit Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $513,620. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 1,220
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 14,767
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,387
  • Gross Building Area: 3,387
  • Building Area: 1,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,378
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANIBEL RUR EST
  • Land Acres: 0.339
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SANIBEL RUR EST UNREC OR 711 PG 256 LOT 3

Ownership

  • Current Owner : READINGER MICHAEL J
  • Current Owner 2: READINGER MARGARET M
  • Previous Owner : ZIMMERMAN PAUL H
  • Owner Before Previous Owner: SCHLEGEL ROBERT

Neighborhood

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

Geography

  • Assessors Map Reference: 9-28
  • Account Number: 10023382
  • Subdivision Tract Number: T2
  • Parcel: 28-46-22-T2-00600.0030
  • Block: 600
  • Lot: 3
  • Meridian: SEC 28 TWN 46S RNG 22E
  • Municipality: CITY OF SANIBEL
  • Latitude: 26.4369
  • Longitude: -82.1083

    Address

  • Full Address: 693 Rabbit Rd
  • Address - House Number: 693
  • Address - Street Name: Rabbit
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sanibel
  • Carrier Code: R008
  • 4-Digit Zip Code: 3013
  • Zip Code: 33957

Valuation

    Tax

  • Total Area: 1,755
  • Tax Year: 2023
  • Tax Amount: $9,444
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.2106
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 788,417
  • High Value: 954,514
  • Low Value: 622,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $388,400
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 07, 2019
  • First Open Lien Mortgage Loan Amount: $388,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $819,186
  • Market Land Value: $540,650
  • Market Improvement Value: $278,536

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $513,620

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 07, 2019
  • Current Sale Transaction ID: 11637191284
  • Current Sale Price: $485,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019000182545
  • Previous Sale Recording Date: Jun 18, 1999
  • Previous Sale Contract Date: Jun 15, 1999
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 07, 2019
  • First Mortgage Loan Amount: $388,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: CROSSLAND MTG CORP
  • Previous Mortgage Transaction Date: Jun 18, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $165,300

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 693 Rabbit Road located in?
The 693 Rabbit Road is a located in the neighborhood of West Gulf Drive in West Gulf Drive, Sanibel.
What is the average sales price for listings in 693 Rabbit Road?
The average sales price for units in 693 Rabbit Road is $0 currently.

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