NOT LISTED FOR SALE

623 Lighthouse Way Sanibel, FL 33957

Estimated Value: $1,472,000 - $2,138,000

4 Beds
3.5 Baths
2,707 Sq Ft
$653/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $1,312,500 $485 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,474/month

Highlights

  • Docks
  • Screened Pool
  • Home fronts a canal
  • Sanibel Elementary School Rated A-
  • 2 Car Garage
  • Wood Flooring

About This Home

As of August 2024

Discover your dream home in this beautiful 4-bedroom, 3-bath residence boasting 2,746 sq ft of luxurious living space. Enjoy the Florida lifestyle with a caged, private pool and open porch and decks, perfect for entertaining. This property is a boater's paradise located on navigable canal front, private boat dock, and direct Gulf access. Additional features include impact windows for added security and peace of mind. Convenient Island, East End, Location near the Sanibel Lighthouse, Pristine Beaches, and multiple favorite restaurants. Don’t miss out on this exceptional opportunity!

Last Agent to Sell the Property

James Hall

VIP Realty Sanibel and Captiva License #551962 Listed on: 07/10/2024

VIP Realty Sanibel and Captiva

Last Buyer's Agent

Becky Mulka

Royal Shell Real Estate, Inc. License #3258785

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,534

Year Built

  • Built in 1994

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 129 x 112
  • Home fronts a canal
  • Cul-De-Sac
  • South Facing Home

Parking

  • 2 Car Garage

Property Views

  • Canal
  • Garden

Home Design

  • Elevated Home
  • Frame Construction
  • Metal Roof
  • Vinyl Trim

Interior Spaces

  • 2,707 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Fireplace
  • Sliding Windows
  • Living Room
  • Formal Dining Room
  • Screened Porch
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Screened Pool
  • In Ground Pool

Additional Features

  • Docks
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 20-46-23-T2-01500.0390

Community Details

Overview

  • Property has a Home Owners Association
  • Sanibel Estates Subdivision

Recreation

  • Gulf Boat Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,534

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Subdivision Name: Sanibel Estates
  • Class: Residential
  • Property Type: Single Family
  • Design: Old Florida
  • Legal Description: SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 39
  • Strap Number: 20-46-23-T2-01500.0390
  • Subject To F I R P T A: No
  • Year Built: 1994
  • Folio Id: 10125910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 484.85
  • Appliances: Other Add Agt Note
  • Estimated Living Sq Ft: 2707
  • Bathrooms: 3
  • Bathrooms Display: 3/1
  • Bedrooms: 4
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: Yes
  • Flooring: Wood Floor
  • Furnished: No
  • Furnishing: Unfurnished
  • Half Bathrooms: 1
  • Windows: Sliding

Exterior Features

  • Waterfront: Canal Salt
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Aluminum/Metal, Vinyl
  • Pool: Yes
  • View: Canal, Lawn/Garden
  • Roads: Cul-de-Sac, Paved
  • Construction Stat: Elevated, Frame, Piling Wood
  • Pool Description: Below Ground, Caged
  • Rear Exposure: South
  • Roof: Metal

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: Yes

Lot Info

  • Acres: 0.33
  • Geo Update Timestamp: 2024-07-10
  • Geo Address Line: 623 Lighthouse Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 129
  • Lot Frontage: 112
  • Lot Number: 39
  • Lot Size Irregular: No
  • Lot Sq Ft: 14165
  • Lot Sq Ft Source: Leepa
  • Survey: No

Rental Info

  • Rental: Yes
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 14534
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 27, 2024
Sold by
H Jay Elliott Trust and Friedman Kerstin Elliott
Bought by
623 Lighthouse Way Llc and Kustritz
Seller's Agent
James Hall
VIP Realty Sanibel and Captiva
Buyer's Agent
Becky Mulka
Royal Shell Real Estate, Inc.
List Price
$1,395,000
Sold Price
$1,312,500
Premium/Discount to List
-$82,500
-5.91%
Views
2
Current Estimated Value
$1,767,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$455,194
Avg. Annual Appreciation
28.98%

Purchase Details

Closed on
Mar 2, 2024
Sold by
Judith L Elliott Trust
Bought by
H Jay Elliott Trust

Purchase Details

Closed on
Oct 20, 2022
Sold by
Elliott Judith L and Elliott Jay H
Bought by
Judith L Elliott Trust and Elliott

Purchase Details

Closed on
Jan 31, 2005
Sold by
Eldh John C and Eldh Kathleen L
Bought by
Elliott Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 25, 2003
Sold by
Doane Warren and Doane Pamela M
Bought by
Eldh John C and Eldh Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.32%

Purchase Details

Closed on
Apr 29, 1998
Sold by
Casas Jose M and Lunday Michael S
Bought by
Arthur D Virginia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
623 Lighthouse Way Llc $1,312,500 Superior Title Services
H Jay Elliott Trust $100 None Listed On Document
Judith L Elliott Trust $100 None Listed On Document
Elliott Judith L $1,839,000 Title Group Services
Eldh John C $1,195,000 --
Arthur D Virginia $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliott Judith L $359,650
Previous Owner Eldh John C $750,000
Closed Elliott Judith L $190,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $1,312,500 -5.9% $485 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $1,395,000 -- $515 / 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 $26,653 $1,652,142 $1,027,771 $545,987
2024 $26,653 $1,837,395 $1,354,388 $423,593
2023 $15,674 $1,100,232 $0 $0
2022 $14,534 $1,068,186 $0 $0
2021 $14,662 $1,330,453 $859,746 $470,707
2020 $14,607 $1,021,930 $0 $0
2019 $14,368 $998,954 $0 $0
2018 $14,367 $980,328 $0 $0
2017 $14,382 $960,165 $0 $0
2016 $14,327 $1,219,576 $789,654 $429,922
2015 $14,604 $1,055,796 $677,421 $378,375
2014 $14,634 $1,038,591 $619,932 $418,659
2013 -- $948,893 $540,211 $408,682
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240525

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T2-01500.0390