NOT LISTED FOR SALE

540 E Lake Rd Sanibel, FL 33957

Estimated Value: $763,000 - $971,000

3 Beds
2 Baths
1,393 Sq Ft
$632/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $950,000 $682 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,735/month

149 Days on Market

Highlights

  • Vaulted Ceiling
  • Garden View
  • Screened Porch
  • Sanibel Elementary School Rated A-
  • No HOA
  • High Impact Windows

About This Home

As of August 2023

Your perfect island getaway is only minutes to the white sands of Algiers Beach! This elevated 3 bedroom, 2 bath home is nestled in a peaceful neighborhood that is centrally located and close to shopping, dining, and grocery. The home boasts an open floor plan with tile flooring, vaulted ceilings, and white cabinetry throughout giving it an open, airy feel. An added feature are closet systems in every bedroom for easy storage. The home was built in 2018 so all windows and doors are impact and appliances are LG stainless steel. The home offers a large open space downstairs and storage for all your island toys. Situated on a half acre parcel that borders SCCF nature preserve adds more privacy. Plenty of room for a pool. Relax and unwind on the back porch with your favorite beverage. Now's your chance to live on island time!

Last Agent to Sell the Property

Dana Foster

John R. Wood Properties License #3377689 Listed on: 02/17/2023

John R. Wood Properties

Last Buyer's Agent

Chip Wolfe

RE/MAX REALTY GROUP License #3205697

RE/MAX REALTY GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,092

Year Built

  • Built in 2018

Lot Details

  • 0.59 Acre Lot
  • Irregular Lot

Home Design

  • Elevated Home
  • Metal Roof
  • Wood Trim
  • Vinyl Trim
  • Piling Construction

Interior Spaces

  • 1,393 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Screened Porch
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Parking

  • 3 Carport Spaces
  • Tuck Under Parking

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • No Home Owners Association
  • Sanibel Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-46-22-T3-01108.0160

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,092

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Subdivision Name: Sanibel Highlands
  • Class: Residential
  • Property Type: Single Family
  • Legal Description: SANIBEL HIGHLANDS BLK 8 PB 7 PG 74 LOTS 16 THRU 20
  • Strap Number: 25-46-22-T3-01108.0160
  • Subject To F I R P T A: No
  • Year Built: 2018
  • Folio Id: 10021938
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 681.98
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Electric, Refrigerator, Refrigerator-Ice maker, Smoke Detector(s), Washer, Water Heater
  • Estimated Living Sq Ft: 1393
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Ceiling: Vaulted Ceiling
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: Impact Resistant Windows

Exterior Features

  • Waterfront: None/Not Applicable
  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Trim Wood, Vinyl
  • Pool: No
  • View: Lawn/Garden
  • Construction Stat: Elevated, Piling Concrete, Slab
  • Roof: Metal

Garage/Parking

  • Parking: 3+ Carport, Covered, Under Bldg

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Acres: 0.59
  • Geo Update Timestamp: 2023-02-19
  • Geo Address Line: 540 E Lake Rd
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Size Irregular: Yes
  • Lot Sq Ft: 25839
  • Lot Sq Ft Source: Other
  • Survey Year: 2018
  • Survey: Yes

Rental Info

  • Rental: No

Tax Info

  • Tax Amount: 6092
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Aug 22, 2023
Sold by
Kauffold Travis and Kauffold Laurel
Bought by
Oosterbeek Jason and Oosterbeek Erin A
Seller's Agent
Dana Foster
John R. Wood Properties
Buyer's Agent
Chip Wolfe
RE/MAX REALTY GROUP
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Views
112
Current Estimated Value
$880,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,911
Avg. Annual Appreciation
-3.24%

Purchase Details

Closed on
Jul 22, 2017
Sold by
Dawdy Randolph and Dawdy Kathleen
Bought by
Kauffold Travis and Kauffold Laurel

Purchase Details

Closed on
Oct 11, 2004
Sold by
Dawdy Randolph and Dawdy Kathleen
Bought by
Dawdy Randolph and Dawdy Kathleen

Purchase Details

Closed on
Aug 5, 2004
Sold by
Humphrey P W Mcmullen
Bought by
Dawdy Randolph and Dawdy Kathleen

Purchase Details

Closed on
Feb 23, 1995
Sold by
Humphrey Robin C
Bought by
Humphrey P W Mcmullen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oosterbeek Jason $950,000 Superior Title Services
Kauffold Travis $162,500 Coastal Title Services Of Sw
Dawdy Randolph -- Executive Title Ins Svcs Inc
Dawdy Randolph $222,500 Executive Title Ins Svcs Inc
Humphrey P W Mcmullen -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2023 08/22/23 Sold $950,000 -2.6% $682 / Sq Ft
07/16/2023 07/16/23 Pending -- -- --
07/01/2023 07/01/23 Price Changed $975,000 -2.5% $700 / Sq Ft
05/26/2023 05/26/23 Price Changed $1,000,000 -2.4% $718 / Sq Ft
04/20/2023 04/20/23 Price Changed $1,025,000 -3.3% $736 / Sq Ft
03/29/2023 03/29/23 Price Changed $1,060,000 -3.6% $761 / Sq Ft
02/17/2023 02/17/23 For Sale $1,100,000 -- $790 / 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
2025 $13,316 $698,416 $397,286 $301,130
2024 $6,749 $903,635 $829,379 $74,256
2023 $6,749 $482,104 $0 $0
2022 $6,305 $468,062 $0 $0
2021 $6,337 $530,745 $185,400 $345,345
2020 $6,300 $448,155 $185,400 $262,755
2019 $6,926 $454,628 $185,400 $269,228
2018 $2,670 $180,000 $180,000 $0
2017 $2,722 $179,265 $179,265 $0
2016 $2,655 $180,000 $180,000 $0
2015 $2,383 $150,000 $150,000 $0
2014 -- $150,000 $150,000 $0
2013 -- $145,000 $145,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230246

Sanibel & Captiva Islands Association of REALTORS®

APN: 25-46-22-T3-01108.0160