NOT LISTED FOR SALE

434 Lake Murex Cir Sanibel, FL 33957

Estimated Value: $766,050 - $1,179,000

4 Beds
3 Baths
1,876 Sq Ft
$514/Sq Ft Est. Value

Last Sold June 17, 2019

Last sale price $850,000 $453 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,795/month

192 Days on Market

Highlights

  • Community Beach Access
  • Concrete Pool
  • Porch
  • Sanibel Elementary School Rated A-
  • High Ceiling
  • 2 Car Attached Garage

About This Home

As of June 2019

New! Under construction now. Still time to choose granite and other finishes if you act fast. Super strong ICF (Insulated Concrete Forms) home. This is the type of construction that survived Hurricane Michael in Mexico Beach, FL! This is poured concrete providing solid 6-inch reinforced concrete walls which makes it not only strong but insulated and energy efficient. Beautiful low maintenance home with 5 V metal roof, 170 MPH impact-rated, insulated windows, sliders, and French doors with low-E glazing. Royal Celect 7” Clapboard Siding. Open floor plan with 9.2 foot ceilings, 4 bedrooms, 3 baths plus den, laundry room, 2 car garage, porch and private pool with southern exposure! Finishes include granite countertops, LW Luxury Vinyl wood flooring in all rooms, crown molding, and recessed LED lighting. Enjoy easy ground floor living. Located very close to the beach with deeded beach access next to the West Wind Inn. Projected completion date is Spring 2019. CONSTRUCTION UPDATE: WORKING ON PAINT, FLOORING AND TILE.

Last Agent to Sell the Property

Carolyn Tongyai

John R. Wood Properties License #280596797 Listed on: 11/06/2018

John R. Wood Properties

Last Buyer's Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,047

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100 x 150 x 100 x 150
  • North Facing Home
  • Rectangular Lot

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,876 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door

Pool

  • Concrete Pool
  • In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Open Patio
  • Porch

Schools

  • The Sanibel School K-8 Elementary And Middle School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Legal Lot and Block 24 / 500
  • Assessor Parcel Number 27-46-22-T4-00500.0240

Community Details

Overview

  • Association Phone (239) 472-6830
  • Lake Murex Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,047

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 100 x 150 x 100 x 150
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: LAKE MUREX
  • Directions: Take Periwinkle Way to Tarpon Bay Rd. Turn left on Tarpon Bay. Right on West Gulf Drive. Right on Lake Murex Circle. House on right.
  • Architectural Style: Other
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 2018
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: High Ceilings, Kitchen Island, Living/Dining Room, Other, See Remarks, Split Bedrooms
  • Living Area: 1876.0
  • Stories: 1
  • Window Features: Single Hung, Sliding, Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Concrete, In Ground, Pool Equipment
  • Pool Private: Yes
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Concrete, See Remarks
  • Direction Faces: North
  • Exterior Features: Security/High Impact Doors, Patio
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Under Construction
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Access, See Remarks
  • Association #2 Fee: 55.0
  • Association #2 Fee Frequency: Annually
  • Phone: 239-472-6830
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: THE SANIBEL SCHOOL K-8
  • Middle Or Junior School: THE SANIBEL SCHOOL K-8

Lot Info

  • Parcel #: 27-46-22-T4-00500.0240
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3047.0
  • Tax Block: 500
  • Tax Lot: 24
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2018
Closed on
Jun 14, 2019
Sold by
Island Homes Llc
Bought by
Delaney James B
Seller's Agent
Carolyn Tongyai
John R. Wood Properties
Buyer's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$964,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,263
Avg. Annual Appreciation
2.05%
Original Mortgage
$350,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 14, 2019
Sold by
Lee County
Bought by
Island Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.45%

Purchase Details

Listed on
Dec 7, 2016
Closed on
Jun 30, 2017
Sold by
Grujanac Family Limited Partnership
Bought by
Island Homes Llc
Seller's Agent
Carolyn Tongyai
John R. Wood Properties
Buyer's Agent
Carolyn Tongyai
John R. Wood Properties
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.89%
Original Mortgage
$580,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2002
Sold by
Grujanac Katharina
Bought by
Grujanac Family Ltd Ptnr

Purchase Details

Closed on
Aug 29, 2002
Sold by
Grujanac Katharina
Bought by
Grujanac Family Ltd Ptnr
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
Delaney James B $850,000 Superior Ttl Svcs Of Sanibel
Island Homes Llc -- --
Island Homes Llc $250,000 Superior Title Svcs Of Sanib
Grujanac Family Ltd Ptnr $62,500 --
Grujanac Family Ltd Ptnr -- --
Gruanaca Katharina $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delaney James B $345,000
Closed Delaney James B $350,000
Previous Owner Island Homes Llc --
Previous Owner Island Homes Llc $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2019 06/17/19 Sold $850,000 -5.5% $453 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
11/06/2018 11/06/18 For Sale $899,000 +259.6% $479 / Sq Ft
06/30/2017 06/30/17 Sold $250,000 -9.1% --
05/31/2017 05/31/17 Pending -- -- --
12/07/2016 12/07/16 For Sale $275,000 -- --
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 $6,925 $401,908 $401,898 $10
2023 $6,925 $494,337 $0 $0
2022 $9,428 $697,402 $0 $0
2021 $9,496 $684,708 $242,148 $442,560
2020 $9,306 $657,310 $236,220 $421,090
2019 $3,754 $236,220 $236,220 $0
2018 $3,504 $236,220 $236,220 $0
2017 $3,047 $252,909 $252,909 $0
2016 $2,530 $186,000 $186,000 $0
2015 $2,491 $186,000 $186,000 $0
2014 -- $120,000 $120,000 $0
2013 -- $187,400 $187,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218073328

Florida Gulf Coast Multiple Listing Service

APN: 27-46-22-T4-00500.0240