NOT LISTED FOR SALE

1037 Lancelot Dr Lake Wales, FL 33853

Estimated Value: $257,000 - $272,489

3 Beds
2 Baths
1,636 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: February 29, 2024

Last sale price $298,000 $182 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,829 / mo

17 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Deck
  • Porch
  • Built-In Features

About This Home

As of February 2024

Welcome to 1037 Lancelot Drive, a gem in the Whispering Ridge neighborhood of Lake Wales. As you approach the quiet tree-lined street you will immediately take note of the home’s curb appeal. Upon entering, you are greeted by the meticulously maintained and updated open-concept living space. You can turn right and take in the first of three spacious bedrooms, a full bathroom, and the oversized laundry room. The kitchen boasts a large island with room for plenty. The kitchen has a modern and stylish feel, which carries into the living and dining room. The living room features a large built-in entertainment center with an electric fireplace. This piece is a showstopper. Don’t forget to look up or you’ll miss the unique architectural ceiling treatments that feature LED lighting. Continue to the primary bedroom with an en suite bathroom. The primary features are a tray ceiling and an accent wall that is sure to provide a stylish backdrop to your furnishings. The walk-in closet provides ample storage for all of your necessities. Once exiting you will find your third spacious bedroom. The garage can be used as a multipurpose space as it features a built-in entertainment center, ceiling storage rack, and a retractable privacy screen. Lancelot is impressive on the interior, but more so on the exterior. This large lot includes ample room for outdoor activities, currently housing a trampoline, swing set, and basketball net. The gated paved area provides an additional area to store or play. This area features a completely modernized shed. Look no further as this community is well-maintained and has a fully equipped playground around the corner. Your home awaits.

Last Agent to Sell the Property

Alberto Ortiz

KELLER WILLIAMS ON THE WATER Brokerage Phone: 941-729-7400 License #3586012 Listed on: 11/28/2023

KELLER WILLIAMS ON THE WATER

Last Buyer's Agent

Alberto Ortiz

KELLER WILLIAMS ON THE WATER Brokerage Phone: 941-729-7400 License #3586012 Listed on: 11/28/2023

KELLER WILLIAMS ON THE WATER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,830

Year Built

  • Built in 2017

Lot Details

  • 7,950 Sq Ft Lot
  • West Facing Home
  • Vinyl Fence

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,636 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

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

Community Details

  • Highland Community Management Association, Phone Number (863) 940-2863
  • Whispering Ridge Ph 01 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,830

Year Built

Built in 2017

Lot Details

7,950 Sq Ft Lot

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1636
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2017
  • Building Area Total: 7954
  • Lot Size Sq Ft: 7950
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 738.95
  • Escrow State: FL
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 182.15
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 941-729-7400
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 151.99

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Concrete
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Association Name: Highland Community Management
  • Phone: (863)940-2863
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 600.00
  • Total Monthly Fees: 50.00
  • Monthly HOA Amount: 50.00

Lot Info

  • Parcel Number: 27-30-12-926501-001610
  • Additional Parcels: No
  • Fencing: Vinyl
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: N/A

Tax Info

  • Tax Annual Amount: 3830.12
  • Tax Book Number: 147-1-10
  • Tax Lot: 161

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Feb 29, 2024
Sold by
Torres Tiffany Rivera and Romero Jesus Manuel
Bought by
Rodriguez Aquino Jesus and Rodriguez Michelle Soto
Seller's Agent
Alberto Ortiz
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Alberto Ortiz
KELLER WILLIAMS ON THE WATER
List Price
$320,000
Sold Price
$298,000
Premium/Discount to List
-$22,000
-6.88%
Views
33
Current Estimated Value
$265,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,628
Avg. Annual Appreciation
-5.18%
Original Mortgage
$292,602
Outstanding Balance
$287,862
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
-$22,490

Purchase Details

Closed on
Aug 17, 2020
Sold by
Rodriguez Tiffany and Torres Tiffany Rivera
Bought by
Rodriguez Tiffany and Romero Jesus Manuel

Purchase Details

Closed on
May 12, 2017
Sold by
Maronda Homes Inc
Bought by
Torres Tiffany Rivera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,494
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Aquino Jesus $298,000 Excel Title
Rodriguez Aquino Jesus $298,000 Excel Title
Rodriguez Tiffany -- Attorney
Torres Tiffany Rivera $157,760 Steel City Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Aquino Jesus $292,602
Closed Rodriguez Aquino Jesus $292,602
Previous Owner Torres Tiffany Rivera $152,494
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $298,000 -6.9% $182 / Sq Ft
12/16/2023 12/16/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $320,000 -- $196 / Sq Ft
Source: Stellar MLS

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 $4,466 $226,302 $42,000 $184,302
2024 $4,232 $221,717 -- --
2023 $4,232 $201,561 -- --
2022 $3,830 $183,237 $0 $0
2021 $3,436 $166,579 $30,000 $136,579
2020 $3,341 $160,552 $29,000 $131,552
2018 $2,995 $137,326 $28,000 $109,326
2017 $263 $9,583 $0 $0
2016 $260 $8,712 $0 $0
2015 $176 $7,920 $0 $0
2014 $158 $7,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4589795

Stellar MLS

APN: 27-30-12-926501-001610

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