$1,450,000
SOLD JUN 16, 2017

513 Lighthouse Way Sanibel, FL 33957

3 Beds
3 Baths
4,194 Sq Ft
0.32 Acres

Recently Sold

$346 Per Sq Ft

25% Below List Price

306 Days on Market

Highlights

  • Community Beach Access
  • Home fronts navigable water
  • Heated In Ground Pool
  • Sanibel Elementary School Rated A-
  • Mangrove Front
  • Bay View

About This Home

As of July 2023

Located on one of the premier streets on Sanibel. This tranquil, custom built home on the East End is perfect for boaters & beachgoers. Located on a deep water direct access canal this is just minutes to Sanibel Marina, the Bay & Gulf. No bridges! Bring your yacht or sailboat to this private 60’ dock equipped w/electric & water. Serene tropical home features 3 bedrooms/3 baths; oak floors that flow throughout the main floor, expansive lanai & a stacked stone fireplace. Designer kitchen ala Habersham or Clive Christian that leads to an intimate outdoor dining balcony overlooking the heated saltwater pool covered with a soaring 2 story pool cage. Miele, Wolfe & KitchenAid appliances. Generous guest bedrooms, updated spa-like bathrooms w/stunning finishes & a large laundry room. The master retreat on the top floor draws the eye to sun-filled partial bay views on your private balcony. Lovely Caribbean inspired furnishings complement the striking fireplace. The master bath is an oasis with dual vanities, huge shower & soaker tub. Bonus Room, elevator, large garage w/ 2 bay doors, remote lock/security system & more! Easy on/off the island. Walk or bike to beach in minutes!

Last Agent to Sell the Property

Valerie Tutor

Kingfisher Real Estate, Inc. License #280596816 Listed on: 07/14/2016

Last Buyer's Agent

Eric Pfeifer

Pfeifer Realty Group LLC License #280522587

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,667

Year Built

  • Built in 1985

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 130 x 100 x 130
  • Home fronts navigable water
  • Cul-De-Sac
  • North Facing Home
  • Rectangular Lot
  • Sprinkler System

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Unpaved Parking

Property Views

  • Bay
  • Canal

Home Design

  • Florida Architecture
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,194 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Double Hung Windows
  • Bay Window
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Mangrove Front
  • Canal Access
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 29 / 1500
  • Assessor Parcel Number 20-46-23-T2-01500.0290

Community Details

Overview

  • Sanibel Estates Subdivision

Recreation

  • Community Beach Access

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,667

Year Built

Built in 1985

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 100 x 130 x 100 x 130
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: SANIBEL ESTATES
  • Directions: Come across the Causeway bridges to Sanibel Island. Turn left on Periwinkle at the stop sign. Left on Lighthouse Way. Home is on the left.
  • Architectural Style: Florida, Other, Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1985
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, See Remarks, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Bathtub, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Fireplace, High Speed Internet, Jetted Tub, Kitchen Island, Living/Dining Room, Multiple Master Suites, Pantry, See Remarks, Separate Shower, Cable TV, Upper Level Master, Walk-In Closet(s), Central Vacuum, Elevator, Split Bedrooms
  • Living Area: 4194.0
  • Stories: 2
  • Window Features: Bay Window(s), Double Hung, Single Hung, Skylight(s), Sliding
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: Rectangular Lot, See Remarks, Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Electric Heat, Heated, In Ground, Pool Equipment, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • View: Bay, Canal, Mangroves, Partial
  • View: Yes
  • Waterfront Features: Canal Access, Mangrove, Navigable Water
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Frame, See Remarks, Stucco, Wood Siding
  • Direction Faces: North
  • Exterior Features: Deck, Sprinkler/Irrigation, Patio, See Remarks
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Underground, Garage, Unpaved, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Burglar Alarm (Monitored), Key Card Entry, See Remarks, Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Beach Access
  • Association #2 Fee: 150.0
  • Association #2 Fee Frequency: Annually
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 20-46-23-T2-01500.0290
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17667.0
  • Tax Block: 1500
  • Tax Lot: 29
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jul 20, 2023
Sold by
Garvin Family Trust
Bought by
513 Dream Llc
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Shane Spring
The Keyes Company
List Price
$2,295,000
Sold Price
$2,100,000
Premium/Discount to List
-$195,000
-8.5%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$1,365,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 14, 2020
Closed on
Apr 15, 2021
Sold by
Ruane Kevin B and Ruane Doreen M
Bought by
Garvin Jeff and The Garvin Family Trust
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Eric Pfeifer
List Price
$2,195,000
Sold Price
$1,755,000
Premium/Discount to List
-$440,000
-20.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Listed on
Jul 14, 2016
Closed on
Jun 16, 2017
Sold by
Kimberley Belziler Micahel J and Kimberley Belziler
Bought by
Ruane Kevin B and Ruane Dorren M
Seller's Agent
Valerie Tutor
Kingfisher Real Estate, Inc.
Buyer's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
List Price
$1,929,000
Sold Price
$1,450,000
Premium/Discount to List
-$479,000
-24.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$1,160,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2009
Sold by
Deimer Kurt and Deimer Lisa
Bought by
Belzile Michel J and Belzile Kimberley

Purchase Details

Closed on
Jun 23, 2006
Sold by
Kauffman Arthur W
Bought by
Deimer Kurt and Deimer Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.57%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $2,100,000 None Listed On Document
Warranty Deed $1,755,000 Superior Ttl Svcs Of Sanibel
Warranty Deed $1,450,000 Superior Toitle Servoices Od
Warranty Deed $1,575,000 Realty Title Services Of San
Warranty Deed $1,462,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,783,800 New Conventional
Closed $1,365,000 Credit Line Revolving
Previous Owner $500,000 Credit Line Revolving
Previous Owner $1,160,000 New Conventional
Previous Owner $397,500 Unknown
Previous Owner $220,000 Credit Line Revolving
Previous Owner $1,540,000 Unknown
Previous Owner $1,078,125 New Conventional
Previous Owner $350,000 Stand Alone Second
Previous Owner $1,000,000 New Conventional
Previous Owner $275,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 For Sale $2,699,000 +28.5% $597 / Sq Ft
07/20/2023 07/20/23 Sold $2,100,000 -8.5% $596 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $2,295,000 0.0% $651 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $2,295,000 +30.8% $651 / Sq Ft
04/15/2021 04/15/21 Sold $1,755,000 -20.0% $498 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
10/14/2020 10/14/20 For Sale $2,195,000 +51.4% $623 / Sq Ft
06/16/2017 06/16/17 Sold $1,450,000 -24.8% $346 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
07/14/2016 07/14/16 For Sale $1,929,000 -- $460 / 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 $27,640 $1,907,140 $1,296,755 $540,151
2023 $27,333 $1,911,393 $0 $0
2022 $25,280 $1,455,027 $0 $0
2021 $19,459 $1,340,276 $852,619 $487,657
2020 $16,249 $1,135,963 $0 $0
2019 $15,987 $1,110,423 $0 $0
2018 $15,990 $1,089,718 $0 $0
2017 $19,239 $1,293,610 $770,000 $523,610
2016 $17,667 $1,151,197 $782,310 $368,887
2015 $16,174 $998,497 $777,341 $221,156
2014 $15,849 $967,598 $708,545 $259,053
2013 -- $903,810 $520,750 $383,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216045347

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T2-01500.0290