NOT LISTED FOR SALE

485 Lake Murex Cir Sanibel, FL 33957

Sanibel Island Neighborhood

Estimated Value: $1,238,000 - $1,338,000

3 Beds
2 Baths
2,033 Sq Ft
$626/Sq Ft Est. Value

Last Sold October 27, 2017

Last sale price $970,000 $477 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,253/month

113 Days on Market

Highlights

  • Community Beach Access
  • Tennis Courts
  • Lake View
  • Sanibel Elementary School Rated A-
  • Heated In Ground Pool
  • 1.02 Acre Lot

About This Home

As of October 2017

Awesome and Immaculate - terrific island/Florida style decor and ambiance. Beautiful lake front setting with gorgeous curb appeal. Open and bright interior with lots of bells and whistles including recent upgrades of impact windows and doors, dumb waiter, newer kitchen with granite and top of the line appliances. Beautiful full length composite multi level decks flowing out from living rooms and bedrooms to a stunning pool and spa area within a beautiful enclosed screened environment. Tongue and groove vaulted ceilings give it even further charm. Wonderful and professional landscaping offers privacy on an oversize parcel with a good sized fenced in area for the doggies as well. Great for entertaining and family living. Short walk to beach within a great Sanibel Island beach community.

Last Agent to Sell the Property

Michael McMurray

Royal Shell Real Estate, Inc. License #280500145 Listed on: 06/05/2017

Royal Shell Real Estate, Inc.

Co-Listed By

Trevor Nette

Royal Shell Real Estate, Inc. License #280500151

Last Buyer's Agent

Rob Pailes

SBL Realty Group LLC License #280595654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,693

Year Built

  • Built in 1981

Lot Details

  • 1.02 Acre Lot
  • Southeast Facing Home
  • Rectangular Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,033 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Open Floorplan
  • Home Office
  • Workshop
  • Wood Flooring
  • Lake Views
  • Impact Glass

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Screen Enclosure

Outdoor Features

  • Tennis Courts
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 73 / 500
  • Assessor Parcel Number 27-46-22-T4-00500.0730

Community Details

Overview

  • Association Phone (239) 472-5293
  • Lake Murex Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,693

Year Built

Built in 1981

Lot Details

0

HOA Fees

$3 per month

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.02
  • Road Surface Type: Paved
  • Co List Office Mls Id: PREFP
  • Co List Office Phone: (239) 472-0078
  • Ownership: Single Family
  • Subdivision Name: LAKE MUREX
  • Directions: Head West on Periwinkle Way, turn left on Tarpon Bay Rd. Turn Right on West Gulf Drive. Turn Right onto Lake Murex Blvd. Take the 1st right onto Lake Murex Circle. 485 Lake Murex Circle will be on the left.
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Year Built: 1981
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Spa Features: In Ground, See Remarks
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Dual Sinks, Eat-in Kitchen, Family/Dining Room, Fireplace, Living/Dining Room, See Remarks, Shower Only, Separate Shower, Vaulted Ceiling(s), Bar, Home Office, Workshop
  • Living Area: 2033.0
  • Stories: 1
  • Window Features: See Remarks, Impact Glass
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: Rectangular Lot, See Remarks
  • Pool Features: Electric Heat, Heated, In Ground, Screen Enclosure, See Remarks
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, See Remarks
  • Direction Faces: Southeast
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Inside
  • 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

  • Amenities: Beach Access, Tennis Court(s)
  • Association #2 Fee: 35.0
  • Association #2 Fee Frequency: Annually
  • Phone: 239-472-5293
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Parcel #: 27-46-22-T4-00500.0730
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10693.0
  • Tax Block: 500
  • Tax Lot: 73
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2017
Closed on
Oct 27, 2017
Sold by
Chappell Barbara
Bought by
Shutway Karen and Shutway Samuel
Seller's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
Buyer's Agent
Rob Pailes
SBL Realty Group LLC
List Price
$1,075,000
Sold Price
$970,000
Premium/Discount to List
-$105,000
-9.77%
Total Days on Market
113
Current Estimated Value
$1,273,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,569
Avg. Annual Appreciation
3.64%

Purchase Details

Closed on
Jun 12, 2015
Sold by
Birch Paul and Chappell Barbara
Bought by
Chappell Barbara

Purchase Details

Closed on
Oct 9, 2007
Sold by
Cummings Alice B and Cummings Raymond W
Bought by
Birch Paul and Chappell Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,900
Interest Rate
6.22%
Mortgage Type
Unknown
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
Shutway Karen $970,000 Sanibell Captive Titlte Co L
Chappell Barbara -- Attorney
Birch Paul -- Barrier Island Title
Birch Paul $567,000 Barrier Island Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chappell Barbara $295,000
Previous Owner Birch Paul $396,000
Previous Owner Birch Paul $396,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2017 10/27/17 Sold $970,000 -9.8% $477 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $1,075,000 -- $529 / 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 $13,215 $965,070 -- --
2023 $13,215 $931,961 $0 $0
2022 $13,250 $799,667 $0 $0
2021 $10,698 $726,970 $296,040 $430,930
2020 $10,639 $714,618 $287,760 $426,858
2019 $10,936 $730,775 $287,760 $443,015
2018 $11,265 $738,061 $287,760 $450,301
2017 $11,327 $725,925 $279,400 $446,525
2016 $10,693 $672,414 $288,635 $383,779
2015 $11,224 $688,186 $289,183 $399,003
2014 -- $633,992 $252,417 $381,575
2013 -- $638,412 $273,987 $364,425
Source: Public Records

Agents Affiliated with this Home

  • Michael McMurray

    Seller's Agent in 2017

    Michael McMurray

    Royal Shell Real Estate, Inc.

    (239) 850-7888

    106 in this area

    429 Total Sales

    Michael McMurray
    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Trevor Nette

    Royal Shell Real Estate, Inc.

    (239) 281-4435

    27 in this area

    47 Total Sales

    Trevor Nette
    Section Image
  • Rob Pailes

    Buyer's Agent in 2017

    Rob Pailes

    SBL Realty Group LLC

    (239) 579-0348

    18 in this area

    23 Total Sales

    Rob Pailes
    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217038002

Florida Gulf Coast Multiple Listing Service

APN: 27-46-22-T4-00500.0730

Florida Lee County Sanibel 33957 Sanibel Island

485 Lake Murex Cir, Sanibel, FL

This home is located at 485 Lake Murex Cir, Sanibel, FL 33957 since 05 June 2017 and is currently estimated at $1,273,569, approximately $626 per square foot. This property was built in 1981. 485 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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