NOT LISTED FOR SALE

486 Lake Murex Cir Sanibel, FL 33957

Estimated Value: $658,955 - $679,000

3 Beds
2 Baths
1,554 Sq Ft
$430/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $635,000 $409 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,210/month

2 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Lanai
  • Sanibel Elementary School Rated A-
  • 2 Car Garage
  • Jalousie or louvered window

About This Home

As of December 2022

This is your chance to own a near beach home in the desirable community of Lake Murex! Just a short walk to your private beach access for some of the best shelling in the world. Quick access to the 26 miles of bike paths and nature trails on beautiful Sanibel Island! Southwestern exposure for full sun on your private pool, lovely lake and amazing sunset views from your porch and pool deck. Ready for remodel, this home has been recently cleared, cleaned, and completely remediated. Pool has been properly cleaned and a new pool pump installed. Bring your vision and make this three bedroom, two bath into your dream beach getaway! Buyer is advised to investigate insurability and FEMA/City build back regulations.

Last Agent to Sell the Property

Barbara Maughan

John R. Wood Properties License #3303728 Listed on: 12/01/2022

John R. Wood Properties

Last Buyer's Agent

Barbara Maughan

John R. Wood Properties License #3303728 Listed on: 12/01/2022

John R. Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,694

Year Built

  • Built in 1976

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 124 x 97
  • Lake Front
  • Southwest Facing Home

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Fiberglass Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,554 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Jalousie or louvered window
  • Combination Dining and Living Room
  • Terrazzo Flooring
  • Lake Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Pool Equipment Stays

Additional Features

  • Lanai
  • Central Air

Community Details

  • Residents Association
  • Lake Murex Subdivision

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 27-46-22-T4-00500.0370

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,694

Year Built

Built in 1976

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Subdivision Name: Lake Murex
  • Class: Residential
  • Property Type: Single Family
  • Legal Description: LAKE MUREX PB 25 PG 70 LOT 37
  • Strap Number: 27-46-22-T4-00500.0370
  • Subject To F I R P T A: No
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 408.62
  • Total Sq Ft: 3184
  • Appliances: See Remarks
  • Estimated Living Sq Ft: 1554
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Flooring: Terrazzo Floor
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: Jalousie, Storm Protection None

Exterior Features

  • Waterfront: Lake
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Lake
  • Construction Stat: Concrete Block
  • Pool Description: Below Ground, Equipment Stays
  • Rear Exposure: Southwest
  • Roof: Fiberglass Shingle

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: No
  • Cooling: Central Air/Cooling, Other Add Agt Note
  • Heating: See Remarks

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Period: Annually
  • Association Management: Residents
  • Management Company Phone: 999-999-9999
  • HOA: Yes

Lot Info

  • Acres: 0.28
  • Geo Update Timestamp: 2022-12-01
  • Geo Address Line: 486 Lake Murex Cir
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 124
  • Lot Frontage: 97
  • Lot Number: 37
  • Lot Size Irregular: No
  • Lot Sq Ft: 12112
  • Lot Sq Ft Source: Leepa
  • Survey: No

Rental Info

  • Rental: No

Tax Info

  • Tax Amount: 3694
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Dec 16, 2022
Sold by
Edward Deignan Declaration Of Trust
Bought by
Mcallister Stephen and Bar Cynthia
Seller's Agent
Barbara Maughan
John R. Wood Properties
Buyer's Agent
Barbara Maughan
John R. Wood Properties
List Price
$675,000
Sold Price
$635,000
Premium/Discount to List
-$40,000
-5.93%
Current Estimated Value
$668,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,489
Avg. Annual Appreciation
4.10%
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
Mcallister Stephen $635,000 Superior Title Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2023 01/02/23 Pending -- -- --
12/16/2022 12/16/22 Sold $635,000 0.0% $409 / Sq Ft
12/16/2022 12/16/22 Sold $635,000 -5.9% $409 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $675,000 0.0% $434 / Sq Ft
12/01/2022 12/01/22 For Sale $675,000 -9.9% $434 / Sq Ft
11/14/2022 11/14/22 For Sale $749,000 -- $482 / 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 $7,733 $509,004 $405,272 $79,826
2023 $10,871 $728,309 $490,050 $203,658
2022 $3,692 $277,083 $0 $0
2021 $3,694 $437,734 $261,600 $176,134
2020 $3,658 $265,299 $0 $0
2019 $3,587 $259,334 $0 $0
2018 $3,579 $254,499 $0 $0
2017 $3,547 $247,860 $0 $0
2016 $3,522 $411,222 $254,000 $157,222
2015 $3,576 $399,711 $254,000 $145,711
2014 -- $375,793 $220,800 $154,993
2013 -- $350,697 $205,400 $145,297
Source: Public Records

Agents Affiliated with this Home

  • Barbara Maughan

    Seller's Agent in 2022

    Barbara Maughan

    John R. Wood Properties

    (239) 314-4800

    41 in this area

    87 Total Sales

    Barbara Maughan
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2220758

Sanibel & Captiva Islands Association of REALTORS®

APN: 27-46-22-T4-00500.0370

Florida Lee County Sanibel 33957

486 Lake Murex Cir, Sanibel, FL

This home is located at 486 Lake Murex Cir, Sanibel, FL 33957 since 01 December 2022 and is currently estimated at $668,489, approximately $430 per square foot. This property was built in 1976. 486 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.

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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