NOT LISTED FOR SALE

1937 Roseate Ln Sanibel, FL 33957

Estimated Value: $482,000 - $676,000

2 Beds
2 Baths
1,833 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $415,000 $226 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,521/month

98 Days on Market

Highlights

  • Lake Front
  • Deck
  • Jalousie or louvered window
  • Sanibel Elementary School Rated A-
  • No HOA
  • 1 Car Attached Garage

About This Home

As of June 2023

The location of this house is ideal, complete with outstanding lake views and its proximity to the Farmers Market, the Community Center and the bike paths. The home needs to be redone but there appears to be sufficient values to stay within the 50% rule. The current owner does have Federal Flood Insurance in place through 3/30/24 and the policy should be assumable. The premium is $2,505 annually. Please present all offers on an As-Is contract. PLEASE PRINT HURRICANE IAN HOLD HARMLESS ATTACHED AND PRESENT TO LISTING AGENT BEFORE SHOWING.

Last Agent to Sell the Property

Charles Sobczak

Michael Saunders & Company License #280500074 Listed on: 03/15/2023

Michael Saunders & Company

Last Buyer's Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,820

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 93 x 133 x 85 x 137
  • Lake Front
  • Northwest Facing Home
  • Rectangular Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,833 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Sliding Windows
  • Combination Dining and Living Room
  • Concrete Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Sewer Assessments

Community Details

  • No Home Owners Association
  • Sanibel Lake Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / 200
  • Assessor Parcel Number 25-46-22-T1-00200.0230

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,820

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.276
  • Lot Size: 93 x 133 x 85 x 137
  • Ownership: Single Family
  • Subdivision Name: SANIBEL LAKE ESTATES
  • Architectural Style: Other, Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1973
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Concrete
  • Interior Amenities: Living/Dining Room, See Remarks
  • Living Area: 1833.0
  • Stories: 1
  • Window Features: Jalousie, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northwest
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Covered, Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: See Remarks
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 25-46-22-T1-00200.0230
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6820.0
  • Tax Block: 200
  • Tax Lot: 23
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2024
Sold by
Campbell Kevin Kelly
Bought by
Shufelt David D and Shufelt Melissa J
Current Estimated Value
$586,446

Purchase Details

Closed on
Oct 2, 2023
Sold by
Shufelt David D and Shufelt Melissa J
Bought by
Campbell Kevin Kelly

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jun 22, 2023
Sold by
Jo-Ann G Reece Living Trust
Bought by
Shufelt David
Seller's Agent
Charles Sobczak
Michael Saunders & Company
Buyer's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
List Price
$537,555
Sold Price
$415,000
Premium/Discount to List
-$122,555
-22.8%
Views
213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%
Original Mortgage
$249,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2013
Sold by
Reece Jo Ann G
Bought by
Reece Jo Ann G and Jo Ann G Reece Living Trust

Purchase Details

Closed on
Feb 28, 2002
Sold by
Hodgkins Jerry L
Bought by
Reece Richard E and Reece Jo Ann G

Purchase Details

Closed on
Dec 28, 2001
Sold by
Hodgkins Saleecia A
Bought by
Hodgkins Jerry Lee

Purchase Details

Closed on
Dec 5, 1997
Sold by
Hodgkins Ronald
Bought by
Hodgkins Jerry Lee and Hodgkins Saleecia A
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Shufelt David D $100 None Listed On Document
Campbell Kevin Kelly $100 None Listed On Document
Shufelt David $415,000 Superior Title Services
Reece Jo Ann G -- Attorney
Reece Richard E $265,000 --
Hodgkins Jerry Lee -- --
Hodgkins Jerry Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shufelt David $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $415,000 -9.7% $226 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
05/02/2023 05/02/23 Price Changed $459,555 -7.3% $251 / Sq Ft
04/21/2023 04/21/23 Price Changed $495,555 -7.8% $270 / Sq Ft
03/15/2023 03/15/23 For Sale $537,555 -- $293 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $3,910 $458,923 $458,913 $10
2023 $3,910 $243,992 $243,982 $10
2022 $7,104 $427,961 $0 $0
2021 $5,897 $389,847 $292,039 $97,808
2020 $5,439 $353,686 $291,000 $62,686
2019 $5,530 $358,524 $194,000 $164,524
2018 $5,694 $362,566 $194,000 $168,566
2017 $4,199 $291,273 $0 $0
2016 $4,172 $337,638 $195,530 $142,108
2015 $4,239 $321,693 $181,519 $140,174
2014 -- $317,599 $199,816 $117,783
2013 -- $276,898 $205,802 $71,096
Source: Public Records

Agents Affiliated with this Home

  • Charles Sobczak

    Seller's Agent in 2023

    Charles Sobczak

    Michael Saunders & Company

    (239) 850-0710

    37 in this area

    40 Total Sales

    Charles Sobczak
    Section Image
  • Eric Pfeifer

    Buyer's Agent in 2023

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    663 in this area

    950 Total Sales

    Eric Pfeifer
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 223020509

Florida Gulf Coast Multiple Listing Service

APN: 25-46-22-T1-00200.0230

Florida Lee County Sanibel 33957

1937 Roseate Ln, Sanibel, FL

This home is located at 1937 Roseate Ln, Sanibel, FL 33957 since 15 March 2023 and is currently estimated at $586,446, approximately $319 per square foot. This property was built in 1973. 1937 Roseate Ln is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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