See Home Value
$969,539*
House - Off Market

540 E Lake Road

SANIBEL, FL 33957
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1383 Sqft
$878,000 - $1,072,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model
Sold Sep 01, 2023
$950,000
Sold Jul 31, 2017
$162,500

About This Property

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. Relax and unwind on the back porch with your favorite beverage. Now's your chance to live on island time!

*** Room for a pool per the city ***

The manager has listed the unit size as 1383 square feet.
Unit Size
1,383Ft²
Days on Market
-
Land Size
0.62 acres
Price per sqft
$705
Property Type
House
Property Taxes
$528
HOA Dues
-
Year Built
2018

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold to Erin A Oosterbeek, Jason Oo... $950,000
Sold to Erin A Oosterbeek, Jason Oo...
Aug 25, 2023 No longer available -
No longer available
Jul 19, 2023 In contract -
In contract
Jul 2, 2023 Price Decreased $975,000
↓ $25K (2.5%)
Price Decreased
May 27, 2023 Price Decreased $1,000,000
↓ $25K (2.4%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 205
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Total Building Area: 3,320
  • Gross Building Area: 3,320
  • Building Area: 1,383
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,383
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANIBEL HIGHLANDS
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SANIBEL HIGHLANDS BLK 8 PB 7 PG 74 LOTS 16 THRU 20

Ownership

  • Current Owner : OOSTERBEEK JASON
  • Current Owner 2: OOSTERBEEK ERIN A
  • Previous Owner : KAUFFOLD TRAVIS
  • Previous Owner 2: KAUFFOLD LAUREL
  • Owner Before Previous Owner: DAWDY RANDOLPH
  • Owner Before Previous Owner 2: DAWDY KATHLEEN
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 080202

Geography

  • Assessors Map Reference: 9-25
  • Account Number: 10021938
  • Subdivision Tract Number: T3
  • Parcel: 25-46-22-T3-01108.0160
  • Block: 8
  • Lot: 16-20
  • Meridian: SEC 25 TWN 46S RNG 22E
  • Municipality: CITY OF SANIBEL
  • Latitude: 26.4344
  • Longitude: -82.0625

    Address

  • Full Address: 540 E Lake Rd
  • Address - House Number: 540
  • Street Direction: E
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Sanibel
  • Carrier Code: R007
  • 4-Digit Zip Code: 4303
  • Zip Code: 33957

Valuation

    Tax

  • Total Area: 1,542
  • Tax Year: 2023
  • Tax Amount: $6,749
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.0816
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 93
  • Final Value: 938,659
  • High Value: 1,015,280
  • Low Value: 862,038

    Market Valuation

  • Market Total Value: $1,130,191
  • Market Land Value: $365,769
  • Market Improvement Value: $764,422

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,104

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11912066770
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 290398
  • Previous Sale Recording Date: Jul 31, 2017
  • Previous Sale Contract Date: Jul 22, 2017
  • Previous Sale Amount: $162,500
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
1,440 ft²
$649/ft²
$935,000 Jul 7, 2023
-
$345/mo
House
3 Beds
2 Baths
1,513 ft²
$558/ft²
$845,000 Jun 27, 2023
-
$899/mo
House
3 Beds
2 Baths
1,468 ft²
$610/ft²
$895,000 Jul 15, 2023
-
$480/mo
House
3 Beds
2.5 Baths
1,627 ft²
$491/ft²
$799,000 Jan 2, 2023
-
$615/mo
House
3 Beds
2 Baths
1,864 ft²
$427/ft²
$795,000 Feb 14, 2023
-
$800/mo
House
3 Beds
2 Baths
2,077 ft²
$404/ft²
$839,900 Jun 15, 2023
-
$1,349/mo
House
3 Beds
3 Baths
2,329 ft²
$422/ft²
$982,000 Jul 5, 2023
-
$781/mo
House
3 Beds
2.5 Baths
2,015 ft²
$434/ft²
$875,000 May 13, 2023
-
$655/mo
Multifamily
3 Beds
2 Baths
2,160 ft²
$370/ft²
$799,000 Apr 5, 2023
-
$1,515/mo
Condo
2 Beds
2 Baths
1,071 ft²
$929/ft²
$995,000 Feb 8, 2023
-
$2,516/mo
Condo
2 Beds
2 Baths
1,436 ft²
$801/ft²
$1,150,000 Jun 16, 2023
-
$1,241/mo
Condo
2 Beds
2 Baths
1,042 ft²
$1,032/ft²
$1,075,000 Feb 13, 2023
-
$3,643/mo

About Middle Gulf Drive


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Nearby Rentals



Frequently Asked Questions

When was property at 540 East Lake Road built and last sold?
The property at 540 East Lake Road was built in 2018 and last sold on Aug 22, 2023 for $950,000.
How much is this home worth?
The estimated value of the home located at 540 East Lake Road is $1,032,984.
What are some comparable homes to 540 East Lake Road?
Homes that are comparable to 540 East Lake Road include a house property at 1830 Ibis Lane, 1835 Farm Trail, 1806 Ibis Lane.

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