NOT LISTED FOR SALE

1022 S Tower Ln Lake Wales, FL 33853

Estimated Value: $242,715 - $251,000

3 Beds
2 Baths
1,424 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $173,000 $121 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,469/month

300 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Stone Countertops
  • Bartow Senior High School Rated A-
  • Garden View
  • No HOA

About This Home

As of July 2020

Price just reduced! Hurry and see this beautiful renovated 3 bedroom 2 bath home, features open concept design and it is like new. This property has a new roof, windows, ac, water heater, kitchen appliances and tile throughout the home, it has been freshly painted inside and out. Master and shared bathroom have been remodeled. This property is close to shops, restaurants, schools and public boat ramp. This home will not last long just bring your furniture as it is ready to be lived in

Last Agent to Sell the Property

Andres Hebra

LA ROSA REALTY PREMIER LLC License #3224334 Listed on: 08/23/2019

LA ROSA REALTY PREMIER LLC

Last Buyer's Agent

Lamanda Jones

CENTURY 21 WATSON & MYERS REALTY License #3076345

CENTURY 21 WATSON & MYERS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1961

Lot Details

  • 10,097 Sq Ft Lot
  • North Facing Home
  • Mature Landscaping
  • Property is zoned R-1A

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,424 Sq Ft Home
  • Open Floorplan
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • City Lot

Utilities

  • Mini Split Air Conditioners
  • Central Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bush Heights Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,261

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Brick
  • Fireplace: Yes
  • Living Area: 1424
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1961
  • Lot Size Sq Ft: 10097
  • Directions to Property: From Haines City take 17 south, make left of Burns Ave, then right on Tower Blvd and left on Tower Ln and veer to right on S Tower Ln house will be on right side of the street. Room dimensions are approximate must verify.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5807569?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5807569?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98857
  • Price per Sq Ft: 121.49
  • Close to Original List Price Ratio: 0.91053
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1022
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0565H
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Mini-Split Unit(s)
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-1A
  • Parcel Number: 27-29-36-880200-003030
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1261.35
  • Tax Block: C
  • Tax Book Number: 44-12
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Jul 20, 2020
Sold by
Florida Palm Tree Homes Llc
Bought by
Jones Colin W and Jones Brooke L
Seller's Agent
Andres Hebra
LA ROSA REALTY PREMIER LLC
Buyer's Agent
Lamanda Jones
CENTURY 21 WATSON & MYERS REALTY
List Price
$177,500
Sold Price
$173,000
Premium/Discount to List
-$4,500
-2.54%
Current Estimated Value
$246,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,429
Avg. Annual Appreciation
6.89%
Original Mortgage
$169,866
Outstanding Balance
$151,237
Interest Rate
3.2%
Mortgage Type
FHA
Estimated Equity
$92,897

Purchase Details

Listed on
Jul 26, 2018
Closed on
Nov 1, 2018
Sold by
Fannie Mae
Bought by
Florida Palm Tree Homes Llc
Seller's Agent
Teresa Knowles
COLDWELL BANKER REALTY
Buyer's Agent
Peter Lopez
LPT REALTY, LLC
List Price
$87,000
Sold Price
$80,000
Premium/Discount to List
-$7,000
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.58%

Purchase Details

Closed on
Apr 26, 2018
Sold by
Meyer Gwyndolyn M and Meyer Gwyndolyn Maria
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 18, 2003
Sold by
Cole David A
Bought by
Meyer Gwendolyn Maria

Purchase Details

Closed on
May 20, 1997
Sold by
Ford Consumer Finance Company Inc
Bought by
Cole David C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1997
Sold by
Clerk Of The Court
Bought by
Ford Consumer Finance Co Inc

Purchase Details

Closed on
Sep 30, 1995
Sold by
Mooney Nancy D
Bought by
Ford Consumer Fin Co Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jones Colin W $173,000 Attorney
Florida Palm Tree Homes Llc $80,000 Reo Title Company Of Florida
Federal National Mortgage Association $70,600 Attorney
Meyer Gwendolyn Maria $37,000 Attorneys Title Svcs Courier
Cole David C $37,000 --
Ford Consumer Finance Co Inc $100 --
Ford Consumer Fin Co Inc $47,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Colin $31,521
Open Jones Colin W $169,866
Previous Owner Meyer Gwendolyn Maria $91,000
Previous Owner Meyer Gwendolyn Maria $30,000
Previous Owner Ford Consumer Finance Co Inc $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $173,000 -1.1% $121 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $175,000 -1.4% $123 / Sq Ft
06/12/2020 06/12/20 For Sale $177,500 0.0% $125 / Sq Ft
04/04/2020 04/04/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $177,500 +2.6% $125 / Sq Ft
04/01/2020 04/01/20 Off Market $173,000 -- --
02/20/2020 02/20/20 Price Changed $177,500 -0.8% $125 / Sq Ft
12/16/2019 12/16/19 Price Changed $179,000 0.0% $126 / Sq Ft
12/16/2019 12/16/19 For Sale $179,000 +0.6% $126 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/17/2019 10/17/19 Price Changed $178,000 -3.8% $125 / Sq Ft
09/23/2019 09/23/19 Price Changed $185,000 -2.6% $130 / Sq Ft
08/23/2019 08/23/19 For Sale $190,000 +137.5% $133 / Sq Ft
11/01/2018 11/01/18 Sold $80,000 +0.1% $56 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $79,900 -8.2% $56 / Sq Ft
10/05/2018 10/05/18 For Sale $87,000 0.0% $61 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $87,000 0.0% $61 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
08/24/2018 08/24/18 Price Changed $87,000 -12.1% $61 / Sq Ft
07/26/2018 07/26/18 For Sale $99,000 -- $70 / 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
2025 $2,017 $144,804 -- --
2024 $1,963 $140,723 -- --
2023 $1,963 $136,624 $0 $0
2022 $1,838 $132,645 $0 $0
2021 $1,848 $128,782 $10,500 $118,282
2020 $1,323 $59,150 $10,000 $49,150
2018 $1,029 $49,710 $9,500 $40,210
2017 $922 $35,890 $0 $0
2016 $1,016 $32,627 $0 $0
2015 $642 $29,661 $0 $0
2014 $840 $38,355 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5807569

Stellar MLS

APN: 27-29-36-880200-003030