NOT LISTED FOR SALE

437 Lake Murex Cir Unit 85+85A Sanibel, FL 33957

Sanibel Island Neighborhood

Estimated Value: $1,365,000 - $1,938,000

0.73 Acre
$2,225,879 Price per Acre
31,625 Sq Ft Lot

Last Sold February 22, 2013

Last sale price $203,750

Est. 693% increase in value since last sale

Current estimated payment $9,557/month

182 Days on Market

Highlights

  • Community Beach Access
  • Sanibel Elementary School Rated A-
  • Lake View

About This Lot

As of February 2013

Oversized near-beach residential lot with wide lake views & northern exposure. A special spot for nature-lovers as the parcel overlooks a small island often favored by birds roosting. Lake Murex is a man-made lake with the surrounding lots some of the highest elevation in a near-beach location. Appears to be in Eco Zone G, which allows 35% coverage on the 1st 10,000 sq.ft. plus 30% coverage on the remainder. Lot dimensions from the recorded plat map show Lot 85 (dry land) to be 100'x154.28'x91.46'x144.63'. Lot 85A (out into the lake) 91.46'x168.05'x94.45'x 174.95'. Community beach access path is west of West Wind Inn.

Last Agent to Sell the Property

Susan Andrews

SanibelSusan Realty Associates License #587002 Listed on: 08/08/2012

Last Buyer's Agent

Jason Lomano

Royal Shell Real Estate, Inc.

Royal Shell Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,760

Year Built

  • 2015

Lot Details

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 85+85A
  • Assessor Parcel Number 27-46-22-T4-00500.0850

Community Details

Overview

  • Lake Murex Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,760

Year Built

2015

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Subdivision Name: Lake Murex
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: Lake Murex PB 25 PG 70 Lots 85 + 85A.
  • Strap Number: 27-46-22-T4-00500.0850
  • Folio Id: 10023078
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2015

Exterior Features

  • Waterfront: Other Add Agt Note
  • Coastal Construction: Not Applicable
  • View: Lake
  • Ground Cover: Pine, Trees, Weeds/Plants
  • Roads: Paved, Public

Utilities

  • Sewer: City
  • Water: City
  • Utilities Available: Cable Avail, Electric, Telephone

Condo/Co-op/Association

  • Association Fees Disp: Yes - $40/Annually
  • Association Fee: 40
  • Association Fee Period: Annually
  • HOA: Yes
  • Master Association Disp: $0/0

Association/Amenities

  • Community Amenities: Deeded Beach Access

Lot Info

  • Geo Update Timestamp: 2019-07-17
  • Geo Address Line: 437 Lake Murex Cir
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 85+85A
  • Lot Size: ~100x326x94x319
  • Deed Restrictions: On Record
  • Elevation: 3+ Ft
  • Lot Features: Plated, Restrictions
  • Lot Size Feature: 100ft or + Front, Other Add Agt Note
  • Soil Type: Sand
  • Survey Year Disp: 0 - 0
  • Usage: Single Family

Tax Info

  • Tax Amount: 3760
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Derek And Suzette Brouwer Trust
Bought by
Sydenstricker Properties Llc
Total Days on Market
182
Current Estimated Value
$1,615,988

Purchase Details

Closed on
May 5, 2016
Sold by
Brouwer Derek J and Brouwer Suzette R
Bought by
Brouwer Derek J and Brouwer Suzette R

Purchase Details

Closed on
Mar 4, 2016
Sold by
Tupy Garry B
Bought by
Brouwer Derek J and Brouwer Suzette R

Purchase Details

Listed on
Aug 8, 2012
Closed on
Feb 22, 2013
Sold by
Roberts Phillip L
Bought by
Tupy Garry B
Seller's Agent
Susan Andrews
SanibelSusan Realty Associates
Buyer's Agent
Jason Lomano
Royal Shell Real Estate, Inc.
List Price
$249,000
Sold Price
$203,750
Premium/Discount to List
-$45,250
-18.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.38%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Suntrust Bk Sw Fl
Bought by
Roberts Phillip L
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 Buyer Sale Price Title Company
Sydenstricker Properties Llc $1,950,000 --
Brouwer Derek J -- None Available
Brouwer Derek J $852,500 Barrier Island Title Service
Brouwer Derek J $852,500 Barrier Island Title Service
Tupy Garry B $203,750 Barrier Island Title Service
Roberts Phillip L -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $203,750 -18.2% --
02/06/2013 02/06/13 Pending -- -- --
08/08/2012 08/08/12 For Sale $249,000 -- --
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 $6,091 $759,130 -- --
2023 $6,091 $395,771 $395,761 $10
2022 $15,280 $925,145 $0 $0
2021 $12,320 $841,041 $270,378 $570,663
2020 $12,233 $825,260 $261,600 $563,660
2019 $12,555 $842,238 $261,600 $580,638
2018 $12,918 $849,479 $261,600 $587,879
2017 $13,068 $840,574 $254,000 $586,574
2016 $12,351 $779,645 $262,652 $516,993
2015 $3,940 $254,000 $254,000 $0
2014 $3,548 $220,800 $220,800 $0
2013 -- $219,700 $219,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2120898

Sanibel & Captiva Islands Association of REALTORS®

APN: 27-46-22-T4-00500.0850