$9,750
SOLD NOV 22, 2024

0 Magnolia Dr Unit MFROK224488 Lake Wales, FL 33855

0.5 Acre
$19,500 Price per Acre
21,780 Sq Ft Lot

Recently Sold

28% Below List Price

35 Days on Market

About This Lot

As of November 2024

Build your new home on this half acre lot located in the golfing and fishing community of Indian Lake Estates in Lake Wales.  Newer homes in the area with power on the street. The community features many amenities including 18-hole golf course, tennis, pickle ball, fitness center, clubhouse, boat slips, community boat ramp and is home to the largest freshwater pier in the state of Florida! Located on the shore of Walk in Water (Lake Weohyakapka) which is a 7,500+ acre lake nationally known for its trophy fishing. In between Florida's east and west coasts, just off Hwy 60E and near State Road 27, Florida Turnpike and I-95. Buying Land in Florida is a solid investment for your future, build your dream home, vacation home, rental investment or let the land build value as a great long-term investment to resell for a future profit.

Last Agent to Sell the Property

Daniel Castaneda

AMERICAN REALTY OF PSL LLC License #3421869 Listed on: 09/11/2024

Last Buyer's Agent

Daniel Castaneda

AMERICAN REALTY OF PSL LLC License #3421869 Listed on: 09/11/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $113

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 105x209
  • Dirt Road
  • Property is zoned PUD

HOA Fees

  • $31 Monthly HOA Fees

Community Details

  • Tasha Ellis Association, Phone Number (863) 692-1433
  • Indian Lake Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 / 242
  • Assessor Parcel Number 29-31-12-994060-024219

Property Details

Property Type

Land

Est. Annual Taxes

$113

Lot Details

0

HOA Fees

$31 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21841
  • Directions to Property: FL-60 / State Road 60 Turn onto Deland Ave Turn right onto Park Ave Keep straight to get onto E Park Ave Keep straight to get onto Park Ave Turn left onto Magnolia Dr
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 698184003
  • RATIO Current Price By Calculate: 0.45
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Dirt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2012-09-28
  • Flood Zone Panel: 12105C0770G
  • Price Per Acre: 19500

Utilities

  • Utilities: Other
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 376
  • Association Fee Frequency: Annually
  • Association Name: Tasha Ellis
  • Phone: 863-692-1433
  • Association: Yes
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association Email: acctinfo@ilefl.com

Fee Information

  • Total Annual Fees: 376.00
  • Total Monthly Fees: 31.33
  • Monthly HOA Amount: 31.33

Lot Info

  • Zoning: PUD
  • Parcel Number: 29-31-12-994060-024219
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 105x209
  • Flood Zone Code: X
  • Lot Size Square Meters: 2029

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Annual Amount: 113
  • Tax Block: 242
  • Tax Book Number: 40-41
  • Tax Lot: 19

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $9,750 -10.6% --
10/16/2024 10/16/24 Pending -- -- --
10/11/2024 10/11/24 Price Changed $10,900 -9.2% --
10/07/2024 10/07/24 Price Changed $12,000 -11.1% --
09/11/2024 09/11/24 For Sale $13,500 -- --
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OK224488

Stellar MLS