NOT LISTED FOR SALE

629 Lighthouse Way Unit 40 Sanibel, FL 33957

Estimated Value: $897,000 - $2,635,000

0.32 Acre
$5,445,770 Price per Acre
13,809 Sq Ft Lot

Last Sold February 28, 2017

Last sale price $1,050,000

Est. 64% increase in value since last sale

Current estimated payment $10,491/month

24 Days on Market

Highlights

  • Community Beach Access
  • Docks
  • Harbor Views
  • Sanibel Elementary School Rated A-
  • Home fronts navigable water
  • Cul-De-Sac

About This Lot

As of February 2017

Awesome deep water vacant lot with direct access to gulf and bay. East End location situated within one of the premier Sanibel Island neighborhoods. This very special property also offers magnificent views of Sanibel Marina. End of cul-de-sac location. Boat dock in place. Great location to park a large yacht. Cleared and ready to build. See MLS #2150966 for additional property and opportunity, as Seller owns both properties.

Last Agent to Sell the Property

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 01/05/2017

Royal Shell Real Estate, Inc.

Co-Listed By

Trevor Nette

Royal Shell Real Estate, Inc. License #608454

Last Buyer's Agent

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 01/05/2017

Royal Shell Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,992

Lot Details

  • Lot Dimensions are 100 x 125
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • Cleared Lot

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Harbor
  • Canal

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 20-46-23-T2-01500.0400

Community Details

Overview

  • Sanibel Estates Subdivision

Recreation

  • Gulf Boat Access
  • Community Beach Access
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$10,992

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Subdivision Name: Sanibel Estates
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: SANIBEL ESTATES UNIT 4 OR 113 PG 652 LOT 40
  • Strap Number: 20-46-23-T2-01500.0400
  • Subject To F I R P T A: No
  • Folio Id: 10125911
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Canal Salt, Direct Access, Navigable, No Bridge
  • Coastal Construction: Not Applicable
  • View: Canal, Harbor, Other Add Agt Note
  • Ground Cover: Cleared
  • Roads: Cul-de-Sac, Paved

Utilities

  • Sewer: City
  • Water: City
  • Utilities Available: Cable Avail, Electric, Telephone

Condo/Co-op/Association

  • Association Fees Disp: Yes - $150/Annually
  • Association Fee: 150
  • Association Fee Period: Annually
  • HOA: Yes
  • Master Association Disp: $0/0

Association/Amenities

  • Community Amenities: Deeded Beach Access

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 629 Lighthouse Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 40
  • Lot Size: 100 X 125
  • Deed Restrictions: No Restrictions
  • Elevation: 3+ Ft
  • Lot Features: Cul-de-Sac, Survey Avail
  • Lot Size Feature: 100ft or + Front, Regular
  • Soil Type: Sandy Loam
  • Survey Year: 2003
  • Survey Year Disp: Yes - 2003
  • Usage: Single Family

Tax Info

  • Tax Amount: 10992
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
Spillane Lowell T
Bought by
Spillane Lowell T and The Lowell Tspillane Trust
Current Estimated Value
$1,726,309

Purchase Details

Closed on
Sep 20, 2011
Sold by
Proctor Thomas W
Bought by
Lighthouse 2011 Llc

Purchase Details

Closed on
Jun 13, 2003
Sold by
Lomano Jack M
Bought by
Proctor Thomas W

Purchase Details

Closed on
Jun 11, 2001
Sold by
Lomano Jack M
Bought by
Lomano Jack M

Purchase Details

Closed on
Jun 29, 1999
Sold by
Abbott Don William and Abbott Elizabeth Jean
Bought by
Abbott Don William

Purchase Details

Closed on
Dec 30, 1994
Sold by
Dragel Nicholas and Dragel Elizabeth
Bought by
High Pressure Equip Companya

Purchase Details

Closed on
Dec 23, 1994
Sold by
Cody Ladonna J and Evans James O
Bought by
Dragel Nicholas and Dragel Elizabeth
Source: Public Records

Range of Values:

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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
Spillane Lowell T -- Attorney
Lighthouse 2011 Llc $550,000 Title Group Services
Proctor Thomas W $1,150,000 --
Lomano Jack M -- --
Abbott Don William -- --
High Pressure Equip Companya $180,000 --
Dragel Nicholas -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $1,050,000 -4.1% --
01/29/2017 01/29/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $1,095,000 -- --
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 $17,299 $1,015,617 $989,127 --
2024 $14,976 $1,136,290 -- --
2023 $14,976 $1,032,991 $0 $0
2022 $13,392 $939,083 $0 $0
2021 $12,179 $853,712 $853,712 $0
2020 $12,340 $853,712 $839,300 $14,412
2019 $12,438 $853,712 $839,300 $14,412
2018 $12,684 $853,712 $839,300 $14,412
2017 $11,828 $784,412 $770,000 $14,412
2016 $11,450 $784,412 $784,412 $0
2015 $10,425 $674,412 $674,412 $0
2014 -- $614,412 $614,412 $0
2013 -- $527,612 $527,612 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael McMurray

    Seller's Agent in 2017

    Michael McMurray

    Royal Shell Real Estate, Inc.

    (239) 850-7888

    103 in this area

    404 Total Sales

    Michael McMurray
    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Trevor Nette

    Royal Shell Real Estate, Inc.

    (239) 281-4435

    22 in this area

    36 Total Sales

    Trevor Nette
    Section Image
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2170015

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T2-01500.0400

Florida Lee County Sanibel 33957

629 Lighthouse Way Unit 40, Sanibel, FL

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