$800,000
SOLD SEP 12, 2016

421 Lake Murex Cir Sanibel, FL 33957

3 Beds
2 Baths
2,071 Sq Ft
0.25 Acres

Recently Sold

$386 Per Sq Ft

3% Below List Price

91 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • Pond
  • Sanibel Elementary School Rated A-
  • Concrete Pool
  • Skylights

About This Home

As of February 2023

A stunning waterfront ground level 3/2 home, completely renovated. Just 400 yards to beach with spectacular lakefront views. Remodeled for spacious open-concept living. The redesigned kitchen features new cabinets, a huge island, gorgeous granite countertops, stainless appliances. Terrazzo floors are beautifully restored and maintenance free. A custom pool surrounded by interlocking stone flows into the covered lanai. A hot tub completes the outdoor oasis. The master retreat boasts marble tiled rain shower, double granite vanity and walk-in closet. Guest bedrooms and bathroom are separated with a sliding reclaimed wood barn door adding a rustic element to this contemporary styled home. The tropical landscaping was significantly enhanced for privacy. A new sprinkler system ensures low maintenance. Over $50k in annual gross rents. Spend your days by the lake and pool in peaceful paradise watching wildlife and beautiful sunsets. A perfect near-beach home for a relaxed island lifestyle!

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587 Listed on: 05/13/2016

Co-Listed By

Heather Pierce

Pfeifer Realty Group LLC License #218000487

Last Buyer's Agent

Maria Suarez

Premiere Plus Realty Company License #252010099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,545

Year Built

  • Built in 1973

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 70 x 130 x 138 x 117
  • Lake Front
  • East Facing Home
  • Fenced
  • Rectangular Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,071 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Single Hung Windows
  • Open Floorplan
  • Terrazzo Flooring
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • Above Ground Spa
  • Pool Equipment or Cover

Outdoor Features

  • Pond
  • Open Patio
  • Porch

Schools

  • Sanibel Elementary And Middle School
  • Choice High School

Utilities

  • Central Air
  • Heat Pump System
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 89 / 14
  • Assessor Parcel Number 27-46-22-T4-00014.0190

Community Details

Overview

  • Association Phone (239) 472-5293
  • Lake Murex Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,545

Year Built

Built in 1973

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 70 x 130 x 138 x 117
  • Co List Office Mls Id: PRG
  • Co List Office Phone: (239) 472-0004
  • Ownership: Single Family
  • Subdivision Name: LAKE MUREX
  • Directions: West on Periwinkle, South on Tarpon Bay, West on West Gulf, Right into Lake Murex.
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1973
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Above Ground, Electric Heat
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Dual Sinks, Eat-in Kitchen, Family/Dining Room, Living/Dining Room, See Remarks, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 2071.0
  • Stories: 1
  • Window Features: Single Hung, Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot, Pond
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Pool Equipment, See Remarks
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Fence, See Remarks
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Assessment Paid
  • Water Source: Assessment Paid

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Access
  • Association #2 Fee: 35.0
  • Association #2 Fee Frequency: Annually
  • Phone: 239-472-5293
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: SANIBEL SCHOOL
  • High School: CHOICE
  • Middle Or Junior School: SANIBEL SCHOOL

Lot Info

  • Parcel #: 27-46-22-T4-00014.0190
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6545.0
  • Tax Block: 14
  • Tax Lot: 89
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2022
Closed on
Feb 28, 2023
Sold by
Cashin Bryan T and Cashin Jennifer A
Bought by
Kohm David S and Kohm Stacy Michelle
Seller's Agent
Michael Darda
Compass Florida LLC
Buyer's Agent
Susan McCallion
McCallion & McCallion
List Price
$780,000
Sold Price
$780,000
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%

Purchase Details

Listed on
May 13, 2016
Closed on
Sep 12, 2016
Sold by
Winn Trevor A and Maynes Julle
Bought by
Cashin Bryan T and Cashin Jennifer A
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Maria Suarez
Premiere Plus Realty Company
List Price
$829,000
Sold Price
$800,000
Premium/Discount to List
-$29,000
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.39%
Original Mortgage
$640,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 2, 2013
Closed on
Aug 11, 2014
Sold by
Darretta Evelyn J and Darretta Mark
Bought by
Winn Trevor A and Maynes Julie
Seller's Agent
Lynda Traverso
Royal Shell Real Estate Inc.
Buyer's Agent
Heather Pierce
Pfeifer Realty Group LLC
List Price
$589,000
Sold Price
$450,000
Premium/Discount to List
-$139,000
-23.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.69%

Purchase Details

Closed on
Feb 13, 2004
Sold by
Willis Burton M and Willis Williw Margaretta
Bought by
Ford Walter W and Ford Marcia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $780,000 Superior Title Services
Warranty Deed $800,000 Barrister Island Title Servi
Warranty Deed $450,000 Realty Title Services Of San
Warranty Deed $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $640,000 New Conventional
Previous Owner $315,000 Credit Line Revolving
Previous Owner $412,500 Unknown
Previous Owner $51,162 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $899,000 0.0% $434 / Sq Ft
03/13/2025 03/13/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $899,000 +15.3% $434 / Sq Ft
02/28/2023 02/28/23 Sold $780,000 0.0% $377 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
12/07/2022 12/07/22 For Sale $780,000 -2.5% $377 / Sq Ft
09/12/2016 09/12/16 Sold $800,000 -3.5% $386 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $829,000 +84.2% $400 / Sq Ft
08/11/2014 08/11/14 Sold $450,000 -23.6% $217 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $589,000 -- $284 / 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 $10,465 $702,109 $522,499 $149,290
2023 $11,993 $690,944 $0 $0
2022 $10,483 $628,131 $0 $0
2021 $8,480 $571,028 $261,600 $309,428
2020 $8,255 $549,115 $261,600 $287,515
2019 $8,145 $538,603 $261,600 $277,003
2018 $8,114 $525,684 $261,600 $264,084
2017 $8,483 $538,596 $254,000 $284,596
2016 $7,999 $501,584 $260,772 $240,812
2015 $6,818 $410,903 $254,000 $156,903
2014 $6,238 $370,705 $220,800 $149,905
2013 -- $344,199 $203,600 $140,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216032659

Florida Gulf Coast Multiple Listing Service

APN: 27-46-22-T4-00014.0190