NOT LISTED FOR SALE

3181 Twin Lakes Ln Sanibel, FL 33957

Estimated Value: $680,250 - $1,087,000

3 Beds
2 Baths
1,561 Sq Ft
$528/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $660,000 $423 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,950/month

9 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • 0.73 Acre Lot
  • Sanibel Elementary School Rated A-
  • 2 Car Garage
  • Room in yard for a pool

About This Home

As of February 2023

This 3 bedroom, 2 bath, ground floor lakefront home is located at the west end of the island in Lake Murex subdivision where neighbors lend a helping hand and watch over one another. Due to Hurricane Ian’s catastrophic visit, this home is now a blank canvas waiting for a new homeowner to create their own oasis. The home has been remediated, walls removed, down to studs, and electric & water are connected. The living/dining area have impact glass slider doors that exit to lanai and overlook the large backyard with southern exposure and amazing lake view. Additional features of the home is Terrazo flooring, spacious bedrooms, 2-car garage, and room for a pool. Residents of Lake Murex have deeded beach access which is a short walk or bike ride to the beach. If you're searching for a great investment opportunity, this home deserves your immediate investigation.

Last Agent to Sell the Property

Tina DiCharia

Royal Shell Real Estate, Inc. License #3281337 Listed on: 01/27/2023

Royal Shell Real Estate, Inc.

Co-Listed By

Glen Simmons

Royal Shell Real Estate, Inc. License #665656

Last Buyer's Agent

Tina DiCharia

Royal Shell Real Estate, Inc. License #3281337 Listed on: 01/27/2023

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,895

Year Built

  • Built in 1972

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 312 x 98
  • Lake Front
  • South Facing Home

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 1,561 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 8 to 10 feet
  • Single Hung Wood Windows
  • Sliding Windows
  • Terrazzo Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Room in yard for a pool
  • Beach Access

Utilities

  • No Cooling
  • No Heating

Community Details

  • Hank Sutherland Resident Association, Phone Number (301) 646-6550
  • Lake Murex Subdivision

Listing and Financial Details

  • Tax Lot 64 + 64
  • Assessor Parcel Number 27-46-22-T4-00500.0640

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,895

Year Built

Built in 1972

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Subdivision Name: Lake Murex
  • Class: Residential
  • Property Type: Single Family
  • Design: Single Level
  • Legal Description: LAKE MUREX PB 25 PG 70 LOTS 64 + 64A
  • Strap Number: 27-46-22-T4-00500.0640
  • Subject To F I R P T A: No
  • Year Built: 1972
  • Miscellaneous: Beach Access
  • Folio Id: 10023057
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 422.81
  • Total Sq Ft: 2493
  • Appliances: See Remarks
  • Estimated Living Sq Ft: 1561
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Flooring: Terrazzo Floor
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: Single Hung, Sliding
  • Guest Bathrooms: 2
  • Guest Bedrooms: 2
  • Main Bathrooms: 1
  • Main Bedrooms: 1

Exterior Features

  • Waterfront: Lake
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco
  • Pool: No
  • View: Lake
  • Construction Stat: Concrete Block
  • Pool Description: Room For
  • Rear Exposure: South
  • Roof: Tile

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: No
  • Cooling: No Cooling
  • Heating: No Heating

Condo/Co-op/Association

  • Association Fee: 55
  • Association Fee Period: Annually
  • Association Management: Hank Sutherland-Resident
  • Management Company Phone: 301-646-6550
  • HOA: Yes

Lot Info

  • Acres: 0.73
  • Geo Update Timestamp: 2023-01-27
  • Geo Address Line: 3181 Twin Lakes Ln
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 312
  • Lot Frontage: 98
  • Lot Number: 64 + 64
  • Lot Size Irregular: No
  • Lot Sq Ft: 31941
  • Lot Sq Ft Source: Leepa
  • Lot Features: Survey Avail
  • Survey Year: 2013
  • Survey: Yes

Rental Info

  • Rental: No
  • Rent History: Never rented.

Tax Info

  • Tax Amount: 5895
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 8, 2023
Sold by
Schlichenmaier John W and Schlichenmaier Cynthia S
Bought by
Connolly John and Diaz Jacqueline
Seller's Agent
Tina DiCharia
Royal Shell Real Estate, Inc.
Buyer's Agent
Tina DiCharia
Royal Shell Real Estate, Inc.
List Price
$679,900
Sold Price
$660,000
Premium/Discount to List
-$19,900
-2.93%
Current Estimated Value
$824,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,313
Avg. Annual Appreciation
9.26%

Purchase Details

Listed on
Oct 27, 2015
Closed on
Dec 15, 2015
Sold by
Sartoris William L and Sartoris Karen K
Bought by
Schlichenmaier John W and Morris Cynthia S
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Cindy Sitton
Royal Shell Real Estate, Inc.
List Price
$570,000
Sold Price
$550,000
Premium/Discount to List
-$20,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%

Purchase Details

Closed on
May 8, 2014
Sold by
Sartoris William L and Sartoris Karen K
Bought by
Sartoris William L and Sartoris Karen K

Purchase Details

Closed on
Nov 25, 1998
Sold by
Weller Lorraine I and Weller Warren J
Bought by
Sartoris William L and Sartoris Karen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.84%
Source: Public Records

Range of Values:

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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
Connolly John $660,000 --
Schlichenmaier John W $550,000 Barrier Island Title Service
Sartoris William L -- Attorney
Sartoris William L $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sartoris William L $315,000
Previous Owner Sartoris William L $190,000
Previous Owner Sartoris William L $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $660,000 -2.9% $423 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $679,900 +23.6% $436 / Sq Ft
12/15/2015 12/15/15 Sold $550,000 -3.5% $352 / Sq Ft
11/15/2015 11/15/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $570,000 -- $365 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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 $5,538 $502,414 $502,404 $10
2023 $5,538 $397,845 $397,835 $10
2022 $5,868 $436,014 $0 $0
2021 $5,895 $445,807 $261,600 $184,207
2020 $5,858 $417,470 $261,600 $155,870
2019 $5,965 $423,130 $261,600 $161,530
2018 $6,677 $428,784 $261,600 $167,184
2017 $6,951 $437,671 $254,000 $183,671
2016 $6,562 $405,141 $254,000 $151,141
2015 $4,910 $370,596 $254,000 $116,596
2014 $4,909 $331,903 $220,800 $111,103
2013 -- $317,693 $216,100 $101,593
Source: Public Records

Agents Affiliated with this Home

  • Tina DiCharia

    Seller's Agent in 2023

    Tina DiCharia

    Royal Shell Real Estate, Inc.

    (239) 340-5636

    28 in this area

    63 Total Sales

    Tina DiCharia
    Section Image

  • G

    Seller Co-Listing Agent in 2023

    Glen Simmons

    Royal Shell Real Estate, Inc.

    (239) 340-5636

    13 in this area

    16 Total Sales

    Glen Simmons
    Section Image
  • Eric Pfeifer

    Seller's Agent in 2015

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    660 in this area

    945 Total Sales

    Eric Pfeifer
    Section Image
  • Cindy Sitton

    Buyer's Agent in 2015

    Cindy Sitton

    Royal Shell Real Estate, Inc.

    (239) 810-4772

    45 in this area

    57 Total Sales

    Cindy Sitton
    Section Image
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230140

Sanibel & Captiva Islands Association of REALTORS®

APN: 27-46-22-T4-00500.0640

Florida Lee County Sanibel 33957

3181 Twin Lakes Ln, Sanibel, FL

This home is located at 3181 Twin Lakes Ln, Sanibel, FL 33957 since 27 January 2023 and is currently estimated at $824,313, approximately $528 per square foot. This property was built in 1972. 3181 Twin Lakes Ln is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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