NOT LISTED FOR SALE

11537 Laika Ln Captiva, FL 33924

Estimated Value: $1,530,686 - $3,197,000

4 Beds
3 Baths
2,010 Sq Ft
$1,177/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $1,475,000 $734 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $13,578/month

298 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Florida Architecture
  • Sanibel Elementary School Rated A-
  • Deck
  • Furnished

About This Home

As of February 2017

$170K +/- in Gross Rental Income on this home known as Sea of Green, an Amazing opportunity to own a rare ground level four bedroom pool home on desirable Laika Lane in the Village of Captiva. Only 4 houses from the Gulf of Mexico this well-appointed bright and airy home boasts a true "chefs kitchen" with gas stove, large island, kitchen eating area as well as large dining room. The heart of the home beautifully opens up to the lanai enclosed large patio with heated pool through two double french doors allowing the owners to have true indoor-outdoor living without the hassle of stairs. The gardens at Sea of Green are bountiful with many outdoor living spaces to enjoy the island scenery. Awesome island lifestyle and investment, this home is beautifully maintained and is an excellent rental income producing property.

Last Agent to Sell the Property

Michael McMurray

Royal Shell Real Estate, Inc. License #280500145 Listed on: 04/01/2016

Royal Shell Real Estate, Inc.

Co-Listed By

Trevor Nette

Royal Shell Real Estate, Inc. License #280500151

Last Buyer's Agent

Out of area Non Member

FGC Non-MLS Office License #258009804

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,502

Year Built

  • Built in 1963

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Property is zoned TFC2

Parking

  • Covered Parking

Home Design

  • Florida Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,010 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • French Doors
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outside Bathroom Access
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 45 / 3
  • Assessor Parcel Number 26-45-21-02-00003.0450

Community Details

Overview

  • No Home Owners Association
  • Captiva Beach Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,502

Year Built

Built in 1963

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Co List Office Mls Id: PREFP
  • Co List Office Phone: (239) 472-0078
  • Ownership: Single Family
  • Subdivision Name: CAPTIVA BEACH
  • Directions: From Periwinkle Way, head west toward Donax St. Turn right onto Palm Right Rd. Continue onto Sanibel Captiva Rd. Continue onto Blind Pass Bridge. Continue onto Captiva Dr. Turn left onto Laika Ln. Property will be on the left.
  • Architectural Style: Florida, Other, Ranch, One Story
  • Carport Y N: No
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1963
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, See Remarks, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Breakfast Area, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), Living/Dining Room, Shower Only, Separate Shower, Bar, Split Bedrooms
  • Living Area: 2010.0
  • Stories: 1
  • Window Features: See Remarks
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: In Ground, Outside Bath Access, Pool Equipment, Screen Enclosure
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: See Remarks, Wood Siding
  • Direction Faces: North
  • Exterior Features: Deck, Storage, See Remarks
  • Patio And Porch Features: Deck, Open, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Covered

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: See Remarks

Condo/Co-op/Association

  • Amenities: Beach Access, See Remarks
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Parcel #: 26-45-21-02-00003.0450
  • Zoning Description: TFC2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17502.0
  • Tax Block: 3
  • Tax Lot: 45
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Feb 24, 2017
Sold by
Osborn Daniel Roland and Osborn Michele
Bought by
Billingsley Robert T and Billingsley Ruth A
Seller's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
Buyer's Agent
Out of area Non Member
FGC Non-MLS Office
List Price
$1,695,000
Sold Price
$1,475,000
Premium/Discount to List
-$220,000
-12.98%
Current Estimated Value
$2,366,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$891,229
Avg. Annual Appreciation
5.39%

Purchase Details

Closed on
Oct 7, 2011
Sold by
Hamilton Thomas W
Bought by
Osborn Daniel Roland and Osborn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2001
Sold by
Hamilton Terry E
Bought by
Hamilton Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.11%

Purchase Details

Closed on
Jun 12, 2001
Sold by
Harburn Brian and Harburn Harriet E
Bought by
Hamilton Thomas W and Hamilton Terry E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.11%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Billingsley Robert T $1,475,000 Realty Title Services Of Sa
Osborn Daniel Roland $1,275,000 Stewart Title Company
Hamilton Terry E -- --
Hamilton Thomas W -- --
Hamilton Thomas W -- --
Hamilton Thomas W $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osborn Daniel Roland $1,000,000
Previous Owner Hamilton Thomas W $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $1,475,000 -13.0% $734 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
04/01/2016 04/01/16 For Sale $1,695,000 -- $843 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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
2025 $16,658 $1,151,871 -- --
2024 $14,222 $1,047,155 -- --
2023 $14,222 $951,959 $951,949 $10
2022 $17,332 $1,236,051 $0 $0
2021 $15,452 $1,081,502 $966,000 $115,502
2020 $15,343 $1,059,442 $966,000 $93,442
2019 $15,625 $1,072,364 $966,000 $106,364
2018 $16,661 $1,136,962 $840,000 $296,962
2017 $17,026 $1,140,999 $700,000 $440,999
2016 $16,847 $1,119,120 $700,000 $419,120
2015 $17,502 $1,199,499 $734,250 $465,249
2014 $15,357 $981,403 $667,500 $313,903
2013 -- $983,801 $556,800 $427,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216023829

Florida Gulf Coast Multiple Listing Service

APN: 26-45-21-02-00003.0450

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