NOT LISTED FOR SALE

425 Lake Murex Cir Sanibel, FL 33957

Estimated Value: $874,000 - $1,162,000

3 Beds
2 Baths
2,073 Sq Ft
$501/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $1,100,000 $531 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,356/month

77 Days on Market

Highlights

  • Community Beach Access
  • Lake Front
  • 0.77 Acre Lot
  • Sanibel Elementary School Rated A-
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of July 2023

This Sanibel home is the best of the rest! The exterior of this home features an incredible Lake Murex View. This house is a short walk to the beach. The home has 3 ample sized bedrooms, and 2 baths. In addition, this home has a pool, elevator (covered access to elevator), and large garage which can accommodate 3 cars and a workshop. The house has a fully functional irrigation system. The owners can view the pool and lake from the oversized lanai. The decking on the lanai is made from engineered wood. The interior of the home is inviting and spacious with vaulted ceilings and has natural #1 Red Oak wood flooring throughout the house. Custom kitchen with lots of storage and high-end appliances. The home is outfitted with California closets, hurricane doors & windows and a laundry room with a tub and built in cabinets on the main floor. Newer Metal Roof. This home is move-in ready!

Last Agent to Sell the Property

Ann Gee

John Gee and Company Inc. License #3015617 Listed on: 03/15/2023

Last Buyer's Agent

OTHER OTHER

Other

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,627

Year Built

  • Built in 2003

Lot Details

  • 0.77 Acre Lot
  • Lake Front
  • Southwest Facing Home
  • Irregular Lot

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Elevated Home
  • Metal Roof
  • Vinyl Trim

Interior Spaces

  • 2,073 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Tuck Under Parking
  • Automatic Garage Door Opener

Additional Features

  • Accessible Elevator Installed
  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 88 + 88
  • Assessor Parcel Number 27-46-22-T4-00500.0880

Community Details

Overview

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

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,627

Year Built

Built in 2003

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Subdivision Name: Lake Murex
  • Class: Residential
  • Property Type: Single Family
  • Accessibility: Acc Elevator
  • Legal Description: LAKE MUREX PB 25 PG 69 LOTS 88 + 88A
  • Strap Number: 27-46-22-T4-00500.0880
  • Subject To F I R P T A: No
  • Year Built: 2003
  • Folio Id: 10023081
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: Yes
  • Price Per S Q F T: 530.63
  • Total Sq Ft: 6328
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Electric, Refrigerator, Smoke Detector(s), Washer
  • Estimated Living Sq Ft: 2073
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Ceiling: Cathedral Ceiling
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor, Wood Floor
  • Furnished: No
  • Furnishing: Fully Furnished, Exceptions, Inventory Avail.
  • Primary Bathroom: Sep. Shower, Sep. Tub
  • Windows: Impact Resistant Windows

Exterior Features

  • Waterfront: Lake
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Trim Vinyl
  • Pool: Yes
  • View: Lake
  • Construction Stat: Const. Complete, Elevated
  • Pool Description: Below Ground
  • Rear Exposure: Southwest
  • Roof: Metal

Garage/Parking

  • Parking: 3+ Garage, Auto Garage Opener(s), Under Bldg

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • Association Fee: 55
  • Association Fee Period: Annually
  • Association Management: Hank Sutherland
  • Management Company Phone: 3016466550
  • HOA: Yes

Association/Amenities

  • Community Amenities: Deeded Beach Access

Lot Info

  • Acres: 0.77
  • Geo Update Timestamp: 2023-03-15
  • Geo Address Line: 425 Lake Murex Cir
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 88 + 88
  • Lot Size Irregular: Yes
  • Lot Sq Ft: 33689
  • Lot Sq Ft Source: Leepa
  • Survey: No

Rental Info

  • Rental: No
  • Rent History: Never rented.

Tax Info

  • Tax Amount: 8627
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Jul 31, 2023
Sold by
Nancy C Black Revocable Trust
Bought by
Depombo April M and Depombo Carolina
Seller's Agent
Ann Gee
John Gee and Company Inc.
Buyer's Agent
OTHER OTHER
Other
List Price
$1,600,000
Sold Price
$1,100,000
Premium/Discount to List
-$500,000
-31.25%
Views
100
Current Estimated Value
$1,037,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,107
Avg. Annual Appreciation
-2.73%
Original Mortgage
$1,100,000
Interest Rate
6.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2015
Sold by
Black Nancy C
Bought by
Black Nancy C and Nancy C Black Revocable Trust

Purchase Details

Closed on
Aug 20, 2014
Sold by
Black William F
Bought by
Black William F and Black Nancy C

Purchase Details

Closed on
Dec 19, 1994
Sold by
Black Williamk F and Black Nancy C
Bought by
Black William F
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
Depombo April M $1,100,000 None Listed On Document
Black Nancy C -- Attorney
Black William F -- Attorney
Black William F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Depombo April M $1,100,000
Previous Owner Black William F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $1,100,000 -7.6% $531 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $1,190,000 -14.9% $574 / Sq Ft
04/27/2023 04/27/23 Price Changed $1,399,000 -12.6% $675 / Sq Ft
03/15/2023 03/15/23 For Sale $1,600,000 -- $772 / 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 $8,881 $674,212 -- --
2023 $8,881 $630,425 $0 $0
2022 $8,554 $616,917 $0 $0
2021 $8,627 $702,944 $261,600 $441,344
2020 $8,588 $590,679 $0 $0
2019 $8,440 $577,399 $0 $0
2018 $8,444 $566,633 $0 $0
2017 $8,445 $554,978 $0 $0
2016 $8,406 $658,290 $254,000 $404,290
2015 $8,564 $640,698 $254,000 $386,698
2014 $8,574 $598,999 $220,800 $378,199
2013 -- $527,587 $214,500 $313,087
Source: Public Records

Agents Affiliated with this Home

  • Ann Gee

    Seller's Agent in 2023

    Ann Gee

    John Gee and Company Inc.

    (239) 850-0979

    85 in this area

    101 Total Sales

    Ann Gee
    Section Image

  • O

    Buyer's Agent in 2023

    OTHER OTHER

    Other

See All Agents

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230379

Sanibel & Captiva Islands Association of REALTORS®

APN: 27-46-22-T4-00500.0880

Florida Lee County Sanibel 33957

425 Lake Murex Cir, Sanibel, FL

This home is located at 425 Lake Murex Cir, Sanibel, FL 33957 since 15 March 2023 and is currently estimated at $1,037,893, approximately $500 per square foot. This property was built in 2003. 425 Lake Murex Cir 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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