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4202 Old Banyan Way

Sanibel, FL 33957

3 bd 3 ba 1,745 sqft Built 1992 Lot 18,644 sqft single_family
Most recent sale
$1,525,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 23, 2024 Listing removed $1,595,000 BonitaSprings
Apr 22, 2024 Listed $1,595,000 SanibelCaptiva
Jun 16, 2022 Sold $1,525,000 MLS #222036955
May 17, 2022 Listed $1,511,000 MLS #222036955
Apr 27, 2021 Listing removed SanibelCaptiva
Apr 27, 2021 Sold $848,000 Public Record
Apr 26, 2021 Sold $848,000 MLS #221003502
Jan 15, 2021 Listed $899,500 MLS #221003502
Mar 18, 2008 Sold $770,000 Public Record
May 1, 1987 Sold $56,000 Public Record
Jan 1, 1918 Sold $56,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $292,540 $485,758 $778,298 $10,949
2024 $292,540 $485,758 $778,298 $13,598
2023 $451,396 $607,663 $1,059,059 $15,624
2021 $588,015 $8,726
2020 $181,459 $353,100 $534,559 $8,045
2019 $193,569 $353,100 $546,669 $8,262
2018 $199,229 $353,100 $552,329 $8,509
2017 $206,508 $353,100 $559,608 $8,802
2016 $162,995 $353,100 $516,095 $8,276
2015 $162,808 $353,100 $515,908 $8,486
2014 $504,798 $8,220
2013 $440,910 $7,511
2012 $503,811 $8,181
2011 $503,181 $8,643
2010 $505,659 $8,551
2009 $567,480 $9,344
2008 $533,390 $8,357
2007 $370,040 $5,814

Property facts

Year built
1992
Property type
single_family
Stories
Beds
3
Baths
3
Living area
1,745 sqft
Lot size
18,644 sqft
ZIP code
33957
City
Sanibel
Street
Old Banyan Way
Coordinates
26.44581, -82.13165

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,150
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4202 Old Banyan Way last sell?
4202 Old Banyan Way most recently sold on Jun 16, 2022 for $1,525,000.
What is the current tax assessment for 4202 Old Banyan Way?
The most recent total assessment for 4202 Old Banyan Way (year 2025) is $778,298 with $10,949 in property tax.
How does 4202 Old Banyan Way's assessment compare to its last sale price?
The current assessment is 49.0% below the last sale price of $1,525,000.
When was 4202 Old Banyan Way built?
4202 Old Banyan Way was built in 1992.
How does 4202 Old Banyan Way compare to others on Old Banyan Way?
We track 4 other properties on Old Banyan Way. Browse the list under "Other properties on Old Banyan Way" to compare beds, baths, and sale history.
What are the property facts for 4202 Old Banyan Way?
4202 Old Banyan Way is a 3 bed, 3 bath, 1,745 sqft, 18,644 sqft lot single_family.
Is 4202 Old Banyan Way a flip candidate?
Yes — 4202 Old Banyan Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4202 Old Banyan Way a tax-appeal candidate?
No — 4202 Old Banyan Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$998.4K
2026 Q4
$985.8K
ZIP 33957 — Median Price History + Forecast

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