NOT LISTED FOR SALE

450 Lake Murex Cir Sanibel, FL 33957

Estimated Value: $887,000 - $1,114,350

3 Beds
2 Baths
1,512 Sq Ft
$652/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $980,000 $648 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,013/month

16 Days on Market

Highlights

  • Community Beach Access
  • Furnished
  • Porch
  • Sanibel Elementary School Rated A-
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of June 2021

This turn-key Coastal Cottage is just steps from beach sunsets! Recently updated with all NEW Impact Rated Windows. New electric. White Shaker kitchen cabinets and stainless appliance suite, floating shelves. Newer Speed Queen washer/dryer. Spacious yard with room for pool and screened-in patio for morning coffee listening to the birds. 3 bedrooms, 2 baths, tile floors throughout, flowing open floor plan with sliding doors to lanai from dining and kitchen and bedroom. Great for entertaining! Kitchen features newer cabinetry and light wood counters. Outdoor patio for grilling or dining under blooming Poinciana Tree. Would be great rental! 2 car garage. All openings are wind-mitigated and insurance was just reduced! Barrel Tile roof and newly painted exterior for super curb appeal! Friendly neighborhood, quiet and peaceful. Dreamy home, around the corner from the beach & ready to move in! Deeded Beach access across West Gulf Drive. Photos coming!

Last Agent to Sell the Property

Amy Wainwright

Michael Saunders & Company License #280596873 Listed on: 05/13/2021

Michael Saunders & Company

Last Buyer's Agent

Jeffrey Burns

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,497

Year Built

  • Built in 1977

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 105 x 125 x 102 x 125
  • North Facing Home

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 28 / 500
  • Assessor Parcel Number 27-46-22-T4-00500.0280

Community Details

Overview

  • Association Phone (301) 646-6550
  • Lake Murex Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,497

Year Built

Built in 1977

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: 105 x 125 x 102 x 125
  • Ownership: Single Family
  • Subdivision Name: LAKE MUREX
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Breakfast Area, Living/Dining Room, Shower Only, Separate Shower, Cable TV, Split Bedrooms
  • Living Area: 1512.0
  • Stories: 1
  • Window Features: Sliding, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Security/High Impact Doors
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access
  • Association Fee: 55.0
  • Association Fee Frequency: Annually
  • Phone: 301-646-6550
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Parcel #: 27-46-22-T4-00500.0280
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 5497.0
  • Tax Block: 500
  • Tax Lot: 28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jun 29, 2021
Sold by
Morey Frederick H
Bought by
Schneider Jed S and King Cathy A
Seller's Agent
Amy Wainwright
Michael Saunders & Company
Buyer's Agent
Jeffrey Burns
List Price
$878,000
Sold Price
$980,000
Premium/Discount to List
$102,000
11.62%
Current Estimated Value
$986,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,338
Avg. Annual Appreciation
1.56%
Original Mortgage
$530,000
Outstanding Balance
$407,713
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$637,306

Purchase Details

Listed on
Jan 20, 2016
Closed on
Feb 18, 2016
Sold by
Richter Frank J and Richter Loretta M
Bought by
Morey Frederick H and Morey Christine F
Seller's Agent
Glen Simmons
Royal Shell Real Estate, Inc.
Buyer's Agent
Rose Dakos
Royal Shell Real Estate, Inc.
List Price
$549,000
Sold Price
$505,000
Premium/Discount to List
-$44,000
-8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2005
Sold by
Richter Jeffrey T and Richter Frank J
Bought by
Richter Frank J and Richter Loretta M

Purchase Details

Closed on
Oct 30, 2002
Sold by
Nash Eileen M and Nash Robert A
Bought by
Richter Jeffrey T and Richter Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2001
Sold by
Peters James M and Peters Virginia
Bought by
Safar Jack W

Purchase Details

Closed on
May 2, 2000
Sold by
James M Peters Inc
Bought by
Peters James M and Peters Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,423
Interest Rate
8.23%
Source: Public Records

Range of Values:

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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
Schneider Jed S $980,000 None Available
Morey Frederick H $505,000 Attorney
Richter Frank J -- Realty Title Services Of San
Richter Jeffrey T $380,000 --
Safar Jack W $700,000 --
Peters James M $430,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Jed S $530,000
Previous Owner Morey Frederick H $300,000
Previous Owner Richter Jeffrey T $300,700
Previous Owner Peters James M $220,423
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $980,000 +11.6% $648 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $878,000 +73.9% $581 / Sq Ft
02/26/2016 02/26/16 Sold $505,000 -8.0% $334 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
01/20/2016 01/20/16 For Sale $549,000 -- $363 / Sq Ft
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 $7,606 $443,135 $405,087 $26,539
2023 $7,606 $501,121 $501,111 $10
2022 $9,364 $657,899 $297,067 $360,832
2021 $5,534 $416,589 $241,504 $175,085
2020 $5,497 $392,446 $236,220 $156,226
2019 $5,602 $398,096 $236,220 $161,876
2018 $5,710 $398,098 $236,220 $161,878
2017 $6,049 $412,632 $186,000 $226,632
2016 $6,194 $381,339 $188,794 $192,545
2015 $6,314 $379,196 $188,732 $190,464
2014 -- $357,893 $123,289 $234,604
2013 -- $333,995 $189,821 $144,174
Source: Public Records

Agents Affiliated with this Home

  • Amy Wainwright

    Seller's Agent in 2021

    Amy Wainwright

    Michael Saunders & Company

    (239) 677-1840

    36 in this area

    40 Total Sales

    Amy Wainwright
    Section Image

  • J

    Buyer's Agent in 2021

    Jeffrey Burns

  • Jeff Burns

    Buyer's Agent in 2021

    Jeff Burns

    Premier Sotheby's Int'l Realty

    (239) 464-2984

    277 in this area

    392 Total Sales

    Jeff Burns
    Section Image

  • G

    Seller's Agent in 2016

    Glen Simmons

    Royal Shell Real Estate, Inc.

    (239) 340-5636

    13 in this area

    16 Total Sales

    Glen Simmons
    Section Image
  • Tina DiCharia

    Seller Co-Listing Agent in 2016

    Tina DiCharia

    Royal Shell Real Estate, Inc.

    (239) 340-5636

    28 in this area

    63 Total Sales

    Tina DiCharia
    Section Image
  • Rose Dakos

    Buyer's Agent in 2016

    Rose Dakos

    Royal Shell Real Estate, Inc.

    (239) 851-5188

    39 in this area

    48 Total Sales

    Rose Dakos
    Section Image
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221035867

Florida Gulf Coast Multiple Listing Service

APN: 27-46-22-T4-00500.0280

Florida Lee County Sanibel 33957

450 Lake Murex Cir, Sanibel, FL

This home is located at 450 Lake Murex Cir, Sanibel, FL 33957 since 13 May 2021 and is currently estimated at $986,338, approximately $652 per square foot. This property was built in 1977. 450 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.

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Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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