NOT LISTED FOR SALE

440 Lighthouse Way Sanibel, FL 33957

Estimated Value: $885,000 - $1,202,000

3 Beds
3 Baths
2,290 Sq Ft
$460/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $850,000 $371 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,348/month

13 Days on Market

Highlights

  • Outdoor Pool
  • 2 Car Garage
  • Garden View
  • Sanibel Elementary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of February 2023

Rarely available East End 3/3/2 pool home! Build your dream home or remodel this existing great home. Great location in the highly sought after Sanibel Estates near the Lighthouse point for this 3 bedroom 3 bath home situated on an oversized lot. You can almost see the beach from your back lanai with a path to the water. Lots of potential to create the Sanibel home you have always dreamed of. Home has been fully remediated after receiving flood damaged from Hurricane Ian. The drywall has been removed to the studs. Home has hurricane impact windows and sliders and newer roof that looks to be in great shape with no leaks or missing shingles!

Last Agent to Sell the Property

Steve OBrien

Steve's Property Group License #3221174 Listed on: 01/18/2023

Last Buyer's Agent

Gregory Demaras

Pfeifer Realty Group LLC License #3402492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,017

Year Built

  • Built in 1970

Lot Details

  • 0.26 Acre Lot
  • Irregular Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Fiberglass Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,290 Sq Ft Home
  • Fireplace
  • Screened Porch
  • Wood Flooring
  • Garden Views
  • High Impact Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Outdoor Pool
  • Central Heating and Cooling System

Community Details

  • Sanibel Estates Subdivision

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 20-46-23-T2-01500.0210

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,017

Year Built

Built in 1970

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Subdivision Name: Sanibel Estates
  • Class: Residential
  • Property Type: Single Family
  • Legal Description: SANIBEL ESTATES UNIT 4 OR 113 PG 653 LOT 21
  • Strap Number: 20-46-23-T2-01500.0210
  • Subject To F I R P T A: No
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 371.18
  • Total Sq Ft: 3799
  • Appliances: See Remarks
  • Estimated Living Sq Ft: 2290
  • Bathrooms: 3
  • Bathrooms Display: 3/0
  • Bedrooms: 3
  • Ceiling: See Remarks
  • Den: No
  • Fireplace: Yes
  • Flooring: Wood Floor, See Remarks
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: Impact Resistant Windows

Exterior Features

  • Waterfront: None/Not Applicable
  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Lawn/Garden
  • Construction Stat: Concrete Block
  • Roof: Fiberglass Shingle

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Period: Annually
  • Management Company Phone: 000000000
  • HOA: Yes

Lot Info

  • Acres: 0.26
  • Geo Update Timestamp: 2023-01-18
  • Geo Address Line: 440 Lighthouse Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 21
  • Lot Size Irregular: Yes
  • Lot Sq Ft: 11457
  • Lot Sq Ft Source: Leepa
  • Survey: No

Rental Info

  • Rental: No

Tax Info

  • Tax Amount: 10017
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 17, 2023
Sold by
Og Group Holdings Llc
Bought by
Acheson David James
Seller's Agent
Steve OBrien
Steve's Property Group
Buyer's Agent
Gregory Demaras
Pfeifer Realty Group LLC
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Current Estimated Value
$1,053,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,186
Avg. Annual Appreciation
14.41%

Purchase Details

Listed on
Jan 18, 2023
Closed on
Dec 30, 2022
Sold by
Lanza Raymond and Lanza June
Bought by
Og Group Holdings Llc
Seller's Agent
Steve OBrien
Steve's Property Group
Buyer's Agent
Gregory Demaras
Pfeifer Realty Group LLC
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%

Purchase Details

Closed on
Jul 2, 2008
Sold by
Larson Ronald R and Larson Jane H
Bought by
Lanza Raymond and Lanza June

Purchase Details

Closed on
May 9, 2003
Sold by
Larson Ronald R
Bought by
Larson Ronald R and Larson Jane H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 1999
Sold by
S S I Prop Inc
Bought by
Saunders Alexander W and Saunders Sharon L

Purchase Details

Closed on
May 21, 1999
Sold by
Stilbert Elmer K
Bought by
S S I Properties Inc
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
Acheson David James $850,000 Safe Harbor Title
Og Group Holdings Llc $700,000 Safe Harbor Title
Lanza Raymond $690,000 Everest Title Group Llc
Larson Ronald R -- --
Saunders Alexander W $66,900 --
S S I Properties Inc $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larson Ronald R $220,000
Previous Owner Larson Ronald R $231,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $850,000 -5.5% $371 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $899,900 -- $393 / 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 $21,333 $794,757 $447,252 $280,686
2023 $21,333 $1,456,184 $476,640 $857,615
2022 $9,942 $734,572 $0 $0
2021 $10,017 $736,265 $302,838 $433,427
2020 $9,976 $703,330 $300,500 $402,830
2019 $10,164 $712,221 $300,500 $411,721
2018 $10,498 $686,392 $300,500 $385,892
2017 $10,935 $717,060 $300,500 $416,560
2016 $10,121 $648,783 $302,478 $346,305
2015 $9,365 $575,487 $302,061 $273,426
2014 -- $516,002 $334,921 $181,081
2013 -- $490,083 $185,298 $304,785
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steve OBrien

    Steve's Property Group

    Section Image
  • Gregory Demaras

    Buyer's Agent in 2023

    Gregory Demaras

    Pfeifer Realty Group LLC

    (917) 837-7009

    47 in this area

    103 Total Sales

    Gregory Demaras
    Section Image
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230086

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T2-01500.0210

Florida Lee County Sanibel 33957

440 Lighthouse Way, Sanibel, FL

This home is located at 440 Lighthouse Way, Sanibel, FL 33957 since 18 January 2023 and is currently estimated at $1,053,186, approximately $459 per square foot. This property was built in 1970. 440 Lighthouse Way 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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