20 days on rocket

497 Lake Murex Cir, Sanibel, FL, 33957

$1,050,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,140 SqFt
$491/SqFt
House

Location

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497 Lake Murex Cir, Sanibel$1,050,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1981
HeatingNone
CoolingCeiling Fan(s), None
WaterfrontLake Front
ViewLake
Private PoolYes
MLS #224077521
Lot Size0.56 Acres
StatusActive

About 497 Lake Murex Cir

This spacious 4-bedroom, 3-bathroom home sits on an oversized lot and is your chance to create the perfect island retreat. Renovations are 71% complete, according to the City of Sanibel. House was gutted and reconfigured with a modern open floor plan, soaring ceilings, and large grey tile flooring throughout. The kitchen features custom cabinets from a designer showroom in Naples and are in place, but not completely installed, large, remodeled bathrooms give a spa like feeling, and needs to be completed (fixtures, shower doors, counter tops installed in guest bathroom, and vanity with countertop installed in guest suite). This home was purchased by some investors after Hurricane Ian and have found themselves short on funds to complete the project. Roof was damaged from the storm. Current owners started the process, removed the old roof, and got it dried in, but new owners will need to finish the project. Trim work inside needs to be finishes, along with hanging closet doors, etc. Front porch staircase needs to be redone, deck railings and stairs off the back deck need to be added for safety. House also needs some soffit, siding, and gutter repairs. Pool deck needs some finishing touches, along with all new equipment. There are various other projects that need to be completed; however, a lot of the materials are on-site. Enjoy sunset views over Lake Murex from the deck, take a short walk to the beach, or relax in the pool. The elevated home offers plenty of garage space for cars, toys, and more. Sold AS/IS with the right to inspect— Power is not on. Seize this opportunity to add the finishing touches and turn this home into a showstopper!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, One Story
  • Year Built: 1981
  • Stories: 1
  • Living Area: 2,140 SqFt

Listing Office:

  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Listing Agent: Kelly Huguenin

Interior Features

Interior Information:

  • Flooring Type: Tile
  • Interior: Fireplace, Living/Dining Room, See Remarks, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Fence, Security/High Impact Doors, Outdoor Shower

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Irregular Lot
  • Lot Size: 0.56 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Ceiling Fan(s), None

School Info

Assigned Schools Information:

  • Cypress Lake High School, Public Magnet Grades 9-12
  • South Fort Myers High School, Public District Grades 9-12
  • Estero High School, Public District Grades 9-12
  • The Sanibel School, Public District Grades PK-8
  • Heights Elementary School, Public Magnet Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,050,000
  • Price Per SqFt: $491/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,430
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sanibel, FL.

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Sanibel, FL

City

Med. Sold Price

$802.5K

Med. Price/SqFt

$547

Avg. Days On Market

134

# of Sold Homes

12

497 Lake Murex Cir vs Sanibel

20 DAYS ON ROCKET

-114 Days

$1,050,000

+$247.5K More

$491/SqFt

-$57 Less

KEY TAKEAWAY

This property is $247.5K more than the Median Sold Price and $57/SqFt less than other homes in Sanibel, FL.

Based on homes sold in September 2024

MLS Details

MLS Information:

  • MLS Name: SWFL
  • MLS Number: #224077521

Listing Office:

  • Office Name: Pfeifer Realty Group LLC
  • Office Phone: (239) 472-0004
  • Listing Agent: Kelly Huguenin

IDX The data relating to real estate for sale on this website comes in part from the Southwest Florida Multiple Listing Service. The information being provided is for consumers` personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information has not been verified, is not guaranteed, and is subject to change. Real estate listings held by other brokerage firms other are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/22/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 18, 2015Home Sold
$700,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,430$595,963
2019$8,280$582,564
2018$8,285$571,702
2017$8,575$578,987

History based on county public records data.

Payment Calculator

$5,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,214

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-510432
9
/10

  • The Sanibel School

  • 3840 Sanibel Captiva Rd

  • 1.59 miles

  • Public District Grades PK-8

school-card-donut-510433
7
/10

  • Heights Elementary School

  • 15200 Alexandria Ct

  • 12.28 miles

  • Public Magnet Grades PK-5

High School

school-card-donut-510434
4
/10

  • Cypress Lake High School

  • 6750 Panther Ln

  • 14.21 miles

  • Public Magnet Grades 9-12

school-card-donut-510435
2
/10

  • South Fort Myers High School

  • 14020 Plantation Rd

  • 16.97 miles

  • Public District Grades 9-12

school-card-donut-510436
4
/10

  • Estero High School

  • 21900 River Ranch Rd

  • 18.64 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,059. The most common annual income of people living in Sanibel, FL is less than $35k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 497 Lake Murex Cir

What is the listing price of this property?

The listing price of 497 Lake Murex Cir property is $1,050,000.

What type of property is this?

The property 497 Lake Murex Cir is a house located in Sanibel, Florida, 33957.

Is this property for sale now?

Active Listing: 497 Lake Murex Cir is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 497 Lake Murex Cir are:
The Sanibel School: GreatSchools Rating 9/10
Heights Elementary School: GreatSchools Rating 7/10
Cypress Lake High School: GreatSchools Rating 4/10
South Fort Myers High School: GreatSchools Rating 2/10
Estero High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $8,430 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 18, 2015 for $700,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 497 Lake Murex Cir has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 497 Lake Murex Cir is 2,140 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 497 Lake Murex Cir is 1981.

Rocket Homes›Florida›Lee County›Sanibel›33957›497 Lake Murex Cir

This home is located at 497 Lake Murex Cir in Sanibel, FL and zip code 33957. This 2,140 square foot home, which was built in 1981, sits on a 0.56 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $1,050,000.

In September 2024 more than 0 listings in Sanibel, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 12 were sold below. Between August 2024 and September 2024, Sanibel, FL real estate market has seen increase in the number of listings by 0.9%. Listings spent 134 days on the market in September 2024, and had a median list price of $802,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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