Seller's Agent in 2024
Kristine Cardinale, P.A.
John R. Wood Properties
(239) 464-1225
14 in this area
66 Total Sales
Punta Rassa Condo 15011 Punta Rassa Rd Unit 505 Fort Myers, FL 33908
Punta Rassa NeighborhoodEstimated Value: $258,822 - $296,000
2
Beds
2
Baths
1,167
Sq Ft
$587/mo
HOA Fee
About This Home
As of March 2024Enjoy breathtaking views from this 5th floor furnished 2 bed/2 bath condo. The neutral walls and floors are the perfect canvas to create your personal coastal paradise. You will be inspired as you enter and are greeted with the picturesque panoramic views of the bay. The screened in balcony is perfect for relaxing and watching dolphins play or enjoying dinner in the Florida breeze. The primary bedroom boasts stunning views as well as its own large sliding door leading to the screened in lanai. Building 3 features fantastic Bay, Island and Causeway views. This Bayfront location is adjacent to the Sanibel Harbour Yacht Club, Sanibel Harbour Marriott Resort and Spa and the Bimini Bait Shack Restaurant. Punta Rassa Road is the very last road before the Sanibel Causeway. The Punta Rassa community is being built back after Hurricane Ian. Drywall work is complete in this unit. Unit has a new HVAC system as of 2024. Trim and baseboard are in need of completion, some carpet padding was removed, and some storm panels are in need of repair. Electrical work and more are in progress. Buyer to conduct due diligence. Property is being sold AS-IS. Seller has paid the $45,000 special assessment.
Last Listed By
John R. Wood Properties License #3185235 Listed on: 01/14/2024
Property Details
Home Type
Condominium
Est. Annual Taxes
$26
Year Built
1982
Lot Details
0
HOA Fees
$587 per month
Listing Details
- Class: Condo
- Property Type: Condo
- Legal Description: PUNTA RASSA CONDO PHASE 3 OR 1571 PG 0559 UNIT 3-505
- Strap Number: 09-46-23-03-00003.5050
- Subject To F I R P T A: No
- Year Built: 1982
- Pet Limits: 2 pets - See Condo Docs
- Pets: Limits
- Folio Id: 10122882
- Special Features: None
- Property Sub Type: Condos
Interior Features
- Price Per S Q F T: 235.65
- Total Sq Ft: 1320
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Electric, Refrigerator, Washer
- Estimated Living Sq Ft: 1167
- Bathrooms: 2
- Bathrooms Display: 2/0
- Bedrooms: 2
- Ceiling: Other Add Agt Note
- Den: No
- Fireplace: No
- Flooring: Carpet, Tile Floor
- Furnished: Yes
- Furnishing: Part Furnished
- Primary Bathroom: Shower Only
Exterior Features
- Misc Exterior: CBS, Piling Concrete
- Waterfront: Bayfront, River
- Waterfront: Yes
- Coastal Construction: Not Applicable
- Ext Fin Trim: Stucco
- Pool: Yes
- View: Bay, Part Gulf View, River
Garage/Parking
- Parking: Open, Under Bldg
Utilities
- Sewer: City, Lift Station
- Water: City
- Air Conditioner: Yes
- Cooling: Central Air/Cooling, Ceiling Fan(s)
- Heating: Central Heat
- Security: Secured Elevator/Stairs
Condo/Co-op/Association
- Association Fees Disp: Y - $1761/Q
- Association Fee: 1761
- Association Fee Period: Quarterly
- Association Right Of Refusal: Yes
- Association Management: Michael Bancroft, CMCA, AMS.
- Management Company Phone: 239-466-9148
- Condo Amenities: Cabana, Grills, Hot Tub/Whirlpool, Internet, Pickleball, Pool, Shuffleboard, Tennis Court(s)
- Condo Name: Punta Rassa
- Fees Include: Cable TV, Exter Pest Control, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Recreation Facilities, Sewer, Trash, Water
- Govern Bodies: Application Fee, Condo Association
- HOA: Yes
- Master Association Disp: $/
- Members Right Of Refusal: No
- Other Fees: 150
- Other Fees Period: One Time
Lot Info
- Geo Update Timestamp: 2024-01-17
- Geo Address Line: 15011 Punta Rassa Rd
- Geo Primary City: Fort Myers
- Geo Quality: 0.95
- Geo Subdivision: FL
- Geo Zoom Level: 16
- Lot Number: 3-505
Rental Info
- Application Fee: 150
- Application Required: Yes
- Rent Type: Monthly
Tax Info
- Tax Amount: 26
- Tax Year: 2023
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 14, 2025
Sold by
Spradlin Michael William
Bought by
Martz Sara L
Total Days on Market
45
Current Estimated Value
Purchase Details
Listed on
Jan 14, 2024
Closed on
Mar 20, 2024
Sold by
Thomas A Hallinan Irrevocable Trust and Janet A Hallinan Irrevocable Trust
Bought by
Spradlin Michael and Martz Sara
Seller's Agent
Kristine Cardinale, P.A.
John R. Wood Properties
Buyer's Agent
Kristine Cardinale, P.A.
John R. Wood Properties
List Price
$398,000
Sold Price
$275,000
Premium/Discount to List
-$123,000
-30.9%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.48%
Purchase Details
Closed on
Jan 7, 2009
Sold by
Hallinan Thomas A and Hallinan Janet A
Bought by
Hallinan Michael and Hallinan Jean
Purchase Details
Closed on
Jun 23, 1995
Sold by
Curtin Thomas A and Curtin Margaret F
Bought by
Hallinan Thomas A and Hallinan Janet A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
7.64%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Spradlin Michael | $275,000 | None Listed On Document | |
| Hallinan Michael | -- | Attorney | |
| Hallinan Thomas A | $173,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hallinan Thomas A | $138,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2024 03/20/24 | Sold | $275,000 | -30.9% | $236 / Sq Ft |
| 02/28/2024 02/28/24 | Pending | -- | -- | -- |
| 02/23/2024 02/23/24 | For Sale | $398,000 | 0.0% | $341 / Sq Ft |
| 02/11/2024 02/11/24 | Pending | -- | -- | -- |
| 01/14/2024 01/14/24 | For Sale | $398,000 | -- | $341 / Sq Ft |
Source: Sanibel & Captiva Islands Association of REALTORS®
Tax History Compared to Growth
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 | $26 | $741 | -- | -- |
| 2023 | $26 | $674 | $0 | $674 |
| 2022 | $5,789 | $395,876 | $0 | $0 |
| 2021 | $5,125 | $359,887 | $0 | $359,887 |
| 2020 | $4,980 | $343,188 | $0 | $343,188 |
| 2019 | $5,050 | $343,995 | $0 | $343,995 |
| 2018 | $4,708 | $313,310 | $0 | $313,310 |
| 2017 | $4,957 | $339,150 | $0 | $339,150 |
| 2016 | $4,420 | $280,912 | $0 | $280,912 |
| 2015 | $4,261 | $263,900 | $0 | $263,900 |
| 2014 | $4,341 | $276,490 | $0 | $276,490 |
| 2013 | -- | $234,700 | $0 | $234,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kristine Cardinale, P.A.
About Punta Rassa Condo
Map
Similar Homes in Fort Myers, FL
Source: Sanibel & Captiva Islands Association of REALTORS®
MLS Number: 2240057
APN: 09-46-23-03-00003.5050
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