NOT LISTED FOR SALE

540 E Lake Rd Sanibel, FL 33957

Estimated Value: $811,000 - $1,029,000

0.62 Acres
$1,452,824 Price per Acre
27,007 Sq Ft Lot

Last Sold July 31, 2017

Last sale price $162,500

Est. 454% increase in value since last sale

Current estimated payment $5,796/month

80 Days on Market

Highlights

  • Views of Preserve
  • Rectangular Lot
  • Brush Vegetation
  • Sanibel Elementary School Rated A-

About This Lot

As of July 2017

Large lot located near the beach and next to preserve land. Centrally located to restaurants, shopping and the beaches. A good chance to build your dream home on Sanibel at a good price.

Last Agent to Sell the Property

Deborah Smith

Michael Saunders & Company License #252010876 Listed on: 04/11/2017

Last Buyer's Agent

Deborah Gleason

Michael Saunders & Company License #280500177

Michael Saunders & Company

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,383

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 250 x 108 x 250 x 108
  • Dirt Road
  • East Facing Home
  • Brush Vegetation
  • Rectangular Lot

Additional Features

  • Views of Preserve
  • Phone Available

Community Details

  • Sanibel Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 8
  • Assessor Parcel Number 25-46-22-T3-01108.0160

Property Details

Property Type

Land

Est. Annual Taxes

$2,383

Lot Details

0.62 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.62
  • Lot Size: 250 x 108 x 250 x 108
  • Road Surface Type: Dirt
  • Subdivision Name: SANIBEL HIGHLANDS
  • Directions: South on Periwinkle way to Atlanta Plaza.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Multiple lots, Rectangular Lot
  • View: Preserve
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Disclosure on File
  • Direction Faces: East

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 25-46-22-T3-01108.0160
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2383.0
  • Tax Block: 8
  • Tax Lot: 16
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Kauffold Travis and Kauffold Laurel
Bought by
Oosterbeek Jason and Oosterbeek Erin A
Current Estimated Value
$900,751

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jul 22, 2017
Sold by
Dawdy Randolph and Dawdy Kathleen
Bought by
Kauffold Travis and Kauffold Laurel
Seller's Agent
Deborah Smith
Michael Saunders & Company
Buyer's Agent
Deborah Gleason
Michael Saunders & Company
List Price
$179,000
Sold Price
$162,500
Premium/Discount to List
-$16,500
-9.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.95%

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
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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
07/31/2017 07/31/17 Sold $162,500 -9.2% --
07/01/2017 07/01/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $179,000 -- --
Source: Florida Gulf Coast Multiple Listing Service

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: Florida Gulf Coast Multiple Listing Service

MLS Number: 217026263

Florida Gulf Coast Multiple Listing Service

APN: 25-46-22-T3-01108.0160

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