NOT LISTED FOR SALE

428 Lighthouse Way Sanibel, FL 33957

Estimated Value: $883,806 - $1,082,000

3 Beds
2.5 Baths
2,306 Sq Ft
$424/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $899,000 $390 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,817/month

6 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • Vaulted Ceiling
  • Sanibel Elementary School Rated A-
  • 2 Car Garage
  • Garden View

About This Home

As of March 2023

Located on the desirable east end of Sanibel, this ground level home offers privacy and a picturesque street. The layout is made up of 3 bedrooms and 2.5 bathrooms plus a home office with a large open concept living/dining/kitchen area that flows seamlessly to the backyard. There are clay tile floors throughout. The home has a Mediterranean inspiration that features a stunning pool (cleaned after the storm) with azure tile work. The home has been remediated post Ian and is ready for a new owner's finishing touches. Great island location close to the beach, bike path, island amenities, and the bridge for easy on/off the island. This is a wonderful opportunity to make your island dreams come true!

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853 Listed on: 02/03/2023

Last Buyer's Agent

Amy Wainwright

Michael Saunders & Company License #3287526

Michael Saunders & Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,420

Year Built

  • Built in 1969

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 123 x 104
  • Property fronts a private road
  • Cul-De-Sac
  • Northeast Facing Home
  • Partially Fenced Property

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,306 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Single Hung Wood Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Home Office
  • Tile Flooring
  • Garden Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Beach Access
  • Patio

Utilities

  • No Cooling

Community Details

  • Lighthouse Way Homeowner's Association Residents Association, Phone Number (239) 851-5254
  • Sanibel Estates Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 20-46-23-T2-01500.0220

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,420

Year Built

Built in 1969

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Subdivision Name: Sanibel Estates
  • Class: Residential
  • Property Type: Single Family
  • Design: Single Level, Old Florida
  • Legal Description: SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 22
  • Strap Number: 20-46-23-T2-01500.0220
  • Subject To F I R P T A: No
  • Year Built: 1969
  • Miscellaneous: Beach Access
  • Folio Id: 10125892
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 389.85
  • Total Sq Ft: 2867
  • Appliances: Other Add Agt Note
  • Estimated Living Sq Ft: 2306
  • Bathrooms: 2
  • Bathrooms Display: 2/1
  • Bedrooms: 3
  • Ceiling: Vaulted Ceiling
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor, Other Add Agt Note
  • Furnished: No
  • Furnishing: Unfurnished
  • Half Bathrooms: 1
  • Windows: Single Hung, Skylight, Sliding

Exterior Features

  • Waterfront: None/Not Applicable
  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Lawn/Garden
  • Roads: Cul-de-Sac, Paved, Private
  • Construction Stat: Concrete Block, Ground Level
  • Pool Description: Below Ground, Equipment Stays, Fenced
  • Rear Exposure: Northeast
  • Roof: Metal

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City, Irrigation System
  • Air Conditioner: No
  • Cooling: Ceiling Fan(s), Other Add Agt Note
  • Heating: Other Add Agt Note

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Period: Annually
  • Association Management: Lighthouse Way Homeowner's Association - Residents
  • Management Company Phone: 239-851-5254
  • HOA: Yes

Lot Info

  • Acres: 0.29
  • Geo Update Timestamp: 2023-02-06
  • Geo Address Line: 428 Lighthouse Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 123
  • Lot Frontage: 104
  • Lot Number: 22
  • Lot Size Irregular: No
  • Lot Sq Ft: 12569
  • Lot Sq Ft Source: CRS Tax
  • Lot Features: Cul-de-Sac, Fence Part
  • Survey: No

Rental Info

  • Rental: No
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 11420
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 14, 2023
Sold by
Horvath Michael T
Bought by
S & R Realty Trust
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Amy Wainwright
Michael Saunders & Company
List Price
$899,000
Sold Price
$899,000
Views
27
Current Estimated Value
$977,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,952
Avg. Annual Appreciation
5.09%
Original Mortgage
$539,400
Outstanding Balance
$525,969
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$492,876

Purchase Details

Listed on
Feb 3, 2023
Closed on
Feb 8, 2023
Sold by
Anna Horvath Trust
Bought by
Horvath Michael T
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Amy Wainwright
Michael Saunders & Company
List Price
$899,000
Sold Price
$899,000
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,400
Outstanding Balance
$525,969
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$492,876

Purchase Details

Closed on
Dec 1, 2014
Sold by
Horvath Anna C
Bought by
Horvath Anna C and Anna Horvath Trust

Purchase Details

Closed on
Jun 11, 2008
Sold by
Menapace Francis J and Ross Joan A
Bought by
Horvath Anna C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,750
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
Shore William M and Shore Catarina M
Bought by
Menapace Francis J and Ross Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 4, 2002
Sold by
Kauffman Allan W
Bought by
Shore William M and Shore Catarina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
6.77%

Purchase Details

Closed on
Jul 1, 1998
Sold by
Hanley William B
Bought by
Hanley William B

Purchase Details

Closed on
Apr 23, 1997
Sold by
Kauffman Allan W
Bought by
Kauffman Allan W

Purchase Details

Closed on
Mar 22, 1995
Sold by
Shiepis Constantine G and Shiepis Bertha C
Bought by
Danesh Prop Inc

Purchase Details

Closed on
Oct 5, 1994
Sold by
Carrington Charlotte L
Bought by
Quarto Inc

Purchase Details

Closed on
Jun 17, 1993
Sold by
Ritchie Margaret E and Richie John B
Bought by
Ritchie Margaret E
Source: Public Records

Range of Values:

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Average Value
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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
S & R Realty Trust $899,000 Superior Title Services
Horvath Michael T -- --
Horvath Anna C -- Attorney
Horvath Anna C $865,000 Title Group Services
Menapace Francis J $885,000 Barrier Island Title Service
Shore William M $675,000 --
Hanley William B -- --
Kauffman Allan W -- --
Danesh Prop Inc $255,000 --
Quarto Inc $800,000 --
Ritchie Margaret E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horvath Michael T $539,400
Closed S & R Realty Trust $539,400
Previous Owner Horvath Anna C $648,750
Previous Owner Menapace Francis J $650,000
Previous Owner Shore William M $607,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $899,000 0.0% $390 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $899,000 -- $390 / 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 $7,578 $490,042 $490,032 $10
2023 $7,578 $499,198 $499,188 $10
2022 $11,896 $791,009 $0 $0
2021 $10,586 $719,099 $311,369 $407,730
2020 $10,221 $685,575 $300,500 $385,075
2019 $10,514 $701,720 $300,500 $401,220
2018 $10,833 $708,980 $300,500 $408,480
2017 $11,282 $729,979 $300,500 $429,479
2016 $10,538 $674,635 $311,307 $363,328
2015 $9,710 $592,902 $309,057 $283,845
2014 -- $552,296 $340,618 $211,678
2013 -- $517,394 $197,935 $319,459
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230184

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T2-01500.0220