NOT LISTED FOR SALE

1016 W Lake Cannon Dr NW Winter Haven, FL 33881

Inwood Neighborhood

Estimated Value: $349,000 - $468,000

3 Beds
2 Baths
2,100 Sq Ft
$205/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $355,000 $169 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,753/month

165 Days on Market

Highlights

  • 46 Feet of Waterfront
  • In Ground Pool
  • Sun or Florida Room
  • Frank E. Brigham Academy Rated 9+
  • Chain Of Lake Views
  • No HOA

About This Home

As of December 2019

Enjoy this 3/2 pool home located on Lake Cannon of the Winter Haven Chain of Lakes consisting of 26 interconnected lakes (included on the North and South chain). Endless opportunity exists including world class waterskiing, boating, fishing (with many bass tournaments), and watching sea planes. Take a cruise on your water vessel to Legoland to watch the waterski shows and fireworks or have a bite to eat at one of 5 restaurants located on the water. This home has been significantly updated in 2018-2019 and is turn-key for the new owners. These updates/improvements include: new roof, brand new kitchen including cabinets, granite countertops, and all brand new GE stainless steel appliances, both bathrooms remodeled, all new flooring throughout, new paint both interior and exterior, new garage door and opener
(wifi), new pool fence and outdoor landscaping, garage floor epoxy coating, new hot water heater (wifi capable), new electrical outlets and fixtures throughout. A/C was replaced in 2014. Home boats a huge florida/living room with expansive views of the pool and lake. What I love about this home: Expansive views of the pool and lake with endless entertainment on the water. Walk-in to a turn-key house with nothing to do but enjoy!

Last Agent to Sell the Property

Doug Addeo

COMMUNITY REALTY ASSOCIATES License #559732 Listed on: 06/04/2019

Last Buyer's Agent

Zachary Martin

License #3438924

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,926

Year Built

  • Built in 1961

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 70x228x45
  • 46 Feet of Waterfront
  • Property fronts a lake that is connected to a chain of lakes
  • Southwest Facing Home
  • Fenced
  • Property is zoned R-2

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • Drapes & Rods
  • Blinds
  • Sun or Florida Room
  • Chain Of Lake Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Access To Chain Of Lakes
  • Open Dock
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Inwood Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,926

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2100
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 2450
  • Lot Size Sq Ft: 13639
  • Directions to Property: Havendale Blvd to South on 26th St NW, go Left to be on Lake Cannon Dr
  • Status: Sold
  • Street Direction: W
  • Street Post Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3178578?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3178578?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93668
  • Price per Sq Ft: 169.05
  • Close to Original List Price Ratio: 0.83924
  • Ratio: Current Price\Building Area Total: 144.9
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 1016
  • Room Count: 7
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: In Ground
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: Yes
  • Water Body Name: Winter Haven Chain Of Lakes
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Screened
  • Water View: Lake - Chain of Lakes
  • Water Access: Lake - Chain of Lakes
  • Water Extras: Dock - Open
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12105C0345G
  • Waterfront Frontage: 46
  • Water Frontage Feet Lake Chain: 46

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No

Lot Info

  • Zoning: R-2
  • Parcel Number: 26-28-19-553671-001640
  • Additional Parcels: No
  • Lot Dimensions: 70x228x45
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2926
  • Tax Book Number: 8-40A/40B
  • Tax Lot: 164

Multi Family

  • Waterfront Features: Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Dec 31, 2019
Sold by
Heath Christopher M
Bought by
Morgan Thomas and Morgan Tamara
Seller's Agent
Doug Addeo
COMMUNITY REALTY ASSOCIATES
Buyer's Agent
Zachary Martin
List Price
$423,000
Sold Price
$355,000
Premium/Discount to List
-$68,000
-16.08%
Current Estimated Value
$430,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,583
Avg. Annual Appreciation
3.65%
Original Mortgage
$284,000
Outstanding Balance
$253,593
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$181,034

Purchase Details

Closed on
Feb 10, 2006
Sold by
Snyder William J and Snyder Leah J
Bought by
Heath Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,200
Interest Rate
6.14%

Purchase Details

Closed on
Aug 6, 1996
Sold by
Fatz Walter F and Fatz Julia B
Bought by
Snyder William J and Snyder Leah J
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
Morgan Thomas $355,000 Paramount Title
Heath Christopher M $321,500 Real Estate Title Svcs Inc
Snyder William J $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Thomas $284,000
Previous Owner Heath Christopher M $257,200
Previous Owner Heath Christopher $32,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $355,000 -6.3% $169 / Sq Ft
11/15/2019 11/15/19 Pending -- -- --
10/05/2019 10/05/19 Price Changed $379,000 -2.6% $180 / Sq Ft
08/13/2019 08/13/19 Price Changed $389,000 -2.3% $185 / Sq Ft
07/08/2019 07/08/19 Price Changed $398,000 -5.9% $190 / Sq Ft
06/03/2019 06/03/19 For Sale $423,000 -- $201 / Sq Ft
Source: Stellar MLS

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
2024 $4,886 $321,220 -- --
2023 $4,886 $292,018 $0 $0
2022 $4,170 $265,471 $0 $0
2021 $3,885 $240,883 $56,700 $184,183
2020 $3,748 $230,938 $54,000 $176,938
2018 $2,926 $182,622 $51,300 $131,322
2017 $2,745 $146,046 $0 $0
2016 $2,371 $132,769 $0 $0
2015 $2,044 $130,813 $0 $0
2014 $2,105 $119,409 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3178578

Stellar MLS

APN: 26-28-19-553671-001640