NOT LISTED FOR SALE

1029 N Tower Ln Lake Wales, FL 33853

Estimated Value: $310,000 - $344,000

4 Beds
2 Baths
2,640 Sq Ft
$124/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $169,900 $64 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,245/month

49 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Formal Dining Room
  • Bartow Senior High School Rated A-
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of February 2019

4 BEDROOM HOME WITH LOADS OF SPACE AND PRICED TO SELL!! SET UP YOUR SHOWING TODAY SO YOU DON'T MISS OUT!! BLOCK HOME. NEAT, CLEAN AND MOVE IN READY. SPLIT FLOOR PLAN. HUGE 50X18 BONUS ROOM THAT PROVIDES MORE THAN ENOUGH SPACE FOR ANYTHING THAT YOUR FAMILY MIGHT WANT TO DO INCLUDING ENTERTAINING . FORMAL DINING ROOM AS WELL AS AN EAT IN KITCHEN. CENTRAL A.C. UNIT, AIR HANDLER, ALONG WITH NEW DUCT WORK IN DECEMBER OF 2015. SCREENED IN FRONT AND BACK PORCH WITH FENCED YARD. LOCATED JUST MINUTES FROM BOK TOWER, YMCA AND, SHOPPING. A GREAT HOME FOR A GREAT PRICE!

Last Agent to Sell the Property

Joan Jarvis

PRIME PLUS REAL ESTATE INC License #3079644 Listed on: 11/16/2018

Last Buyer's Agent

Maria Elena Cendan

FLORIDA HOMES REALTY & MORTGAGE License #490056

FLORIDA HOMES REALTY & MORTGAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1974

Lot Details

  • 10,023 Sq Ft Lot
  • Property is zoned R-1A

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,640 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • French Doors
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Additional Features

  • Enclosed Patio or Porch
  • City Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bush Heights Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2640
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1974
  • Building Area Total: 3320
  • Lot Size Sq Ft: 10023
  • Directions to Property: From the intersection of State Road 60 and Hwy 27. Take Hwy 27 North. Turn right on Central Ave. Left on Scenic Hwy. Right on Burns Ave. Right on Tower Blvd. Left on Tower Lane. Left on N. Tower Lane. Home is on the left.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=K4900277&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=K4900277&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 64.36
  • Close to Original List Price Ratio: 1.00533
  • Ratio: Current Price\Building Area Total: 51.17
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Split Bedroom
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1029
  • Room Count: 9
  • Additional Rooms: Bonus Room, Formal Dining Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: French Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0565G

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-1A
  • Parcel Number: 27-29-36-880200-001060
  • Additional Parcels: No
  • Lot Features: City Lot
  • Millage Rate: 21.24
  • Flood Zone Code: X
  • Flood Zone Date: 2003-11-19
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 994
  • Tax Block: A
  • Tax Book Number: 44-12
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Feb 8, 2019
Sold by
Tolley Dana Lynn Ormond
Bought by
Sancen Rafael Gomez and Gomez Carolina
Seller's Agent
Joan Jarvis
PRIME PLUS REAL ESTATE INC
Buyer's Agent
Maria Elena Cendan
FLORIDA HOMES REALTY & MORTGAGE
List Price
$169,000
Sold Price
$169,900
Premium/Discount to List
$900
0.53%
Current Estimated Value
$336,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,495
Avg. Annual Appreciation
9.35%
Original Mortgage
$150,000
Outstanding Balance
$100,215
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$203,860

Purchase Details

Closed on
Dec 1, 2016
Bought by
Tolley Dana Lynn Ormond

Purchase Details

Closed on
Feb 19, 2009
Sold by
Braun Ralph
Bought by
Tolley Dana Lynn Ormond and Lang Richard B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 31, 2008
Sold by
Wells Fargo Bank Na
Bought by
Braun Ralph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 2008
Sold by
Reyes Carlos L and Reyes Carlos L
Bought by
Wells Fargo Bank Na and Option One Mortgage Loan Trust 2006-2 As

Purchase Details

Closed on
May 19, 2006
Sold by
Wilson Donna D
Bought by
Reyes Carlos L and Reyes Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.6%
Mortgage Type
Purchase Money Mortgage
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
Sancen Rafael Gomez $169,900 Real Estate Title Services I
Tolley Dana Lynn Ormond $100 --
Tolley Dana Lynn Ormond $90,000 Real Estate Title Svcs Inc
Braun Ralph $60,000 Attorney
Wells Fargo Bank Na -- None Available
Reyes Carlos L $175,000 Cobra Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sancen Rafael Gomez $150,000
Previous Owner Tolley Dana Lynn Ormond $80,000
Previous Owner Tolley Dana Lynn Ormond $10,000
Previous Owner Reyes Carlos L $140,000
Previous Owner Reyes Carlos L $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $169,900 +0.5% $64 / Sq Ft
01/04/2019 01/04/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $169,000 -- $64 / 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
2023 $4,841 $231,132 $0 $0
2022 $4,223 $210,120 $0 $0
2021 $3,919 $191,018 $10,500 $180,518
2020 $3,760 $181,626 $10,000 $171,626
2018 $994 $83,338 $0 $0
2017 $962 $81,624 $0 $0
2016 $952 $79,945 $0 $0
2015 $815 $79,389 $0 $0
2014 $882 $82,387 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: K4900277

Stellar MLS

APN: 27-29-36-880200-001060