NOT LISTED FOR SALE

118 E Park Ave Lake Wales, FL 33853

Estimated Value: $117,003

0.5 Acre
$234,006 Price per Acre
21,780 Sq Ft Lot

Last Sold July 07, 2021

Last sale price $21,890

Est. 435% increase in value since last sale

Current estimated payment $828/month

98 Days on Market

Highlights

  • Waterfront Community
  • Boat Ramp
  • Access To Lake
  • Bartow Senior High School Rated A-
  • Golf Course Community
  • Fitness Center

About This Lot

As of July 2021

Vacant Commercial lot of .5 acre on main road into golf community boasting an 18 hole golf course. Some retail was already developed. The community offers a fishing pier, beach area and club house for the residents and golfers. An opportunity for commercial / industrial use. Community is situated on FL-60 to Vero Beach.

Last Agent to Sell the Property

Karen Boyette

SIGNATURE REALTY ASSOCIATES License #3098904 Listed on: 03/17/2021

Last Buyer's Agent

Jay Garick

ADNORAM REALTY License #455200

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,996

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x218
  • South Facing Home
  • Property is zoned PUD

HOA Fees

  • $27 Monthly HOA Fees

Utilities

  • Septic Needed
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 9 / 64
  • Assessor Parcel Number 30-31-05-994000-006409

Community Details

Overview

  • Althea Torkildson Association, Phone Number (863) 692-1433
  • Visit Association Website
  • Indian Lake Estates Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Boat Ramp
  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Fishing
  • Access To Lake
  • Fishing Pier
  • Water Skiing Allowed

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,996

Lot Details

0

HOA Fees

$27 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21780
  • Directions to Property: From Lake Wales travel 16 miles east of Walmart. Turn right on Deland, right on Park Ave. Go through gate. Property is on the right.
  • Status: Sold
  • Street Direction: E
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 1.1
  • Price per Sq Ft: 1.01
  • Close to Original List Price Ratio: 1.1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 118

Exterior Features

  • Direction Faces: South
  • Water Body Name: Lake Walk In Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water Extras: Fishing Pier, Skiing Allowed
  • Water View Y N: No
  • Front Footage: 100
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electrical Nearby, Water Available, Water Nearby
  • Sewer: Septic Needed
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Deed Restrictions, Fishing, Fitness, Gated Community, Golf Carts OK, Golf, Tennis Courts, Water Access, Waterfront
  • Association Fee: 328.72
  • Association Fee Frequency: Annually
  • Association Name: Althea Torkildson
  • Phone: 863-692-1433
  • Association: Yes
  • Security: Gated Community
  • Association Website: www.indianlakeestates.net
  • Association Email: Altheaile@verizon.net
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 328.72
  • Monthly HOA Fee: 27.39
  • Total Monthly Fees: 27.39

Lot Info

  • Zoning: PUD
  • Parcel Number: 30-31-05-994000-006409
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 100x218
  • Price Per Acre: 43780
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: Check with community office for any and all pet restrictions

Tax Info

  • Tax Annual Amount: 37.19
  • Tax Block: 64
  • Tax Book Number: 39-1
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2023
Sold by
J David Sarvis And Magdalene I Sarvis Re
Bought by
Duo 3B Llc
Current Estimated Value
$117,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Outstanding Balance
$57,961
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$59,042

Purchase Details

Closed on
Aug 17, 2009
Sold by
Sarvis J David and Sarvis Magdalene I
Bought by
Sarvis J David and Sarvis Magdalene I

Purchase Details

Closed on
Aug 14, 1995
Sold by
Danielson Egan H and Danielson Marilyn A
Bought by
Sarvis J David and Sarvis Magdalene I

Purchase Details

Closed on
Jul 31, 1995
Sold by
Jones Christine M
Bought by
Danielson Egan H and Danielson Marilyn A
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
Duo 3B Llc $118,000 Sun National Title
Sarvis J David -- Attorney
Sarvis J David $120,000 --
Danielson Egan H $47,800 --
Danielson Egan H -- --
Danielson Egan H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duo 3B Llc $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2021 09/20/21 Off Market $16,000 -- --
07/07/2021 07/07/21 Sold $21,890 +10.0% --
06/22/2021 06/22/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $19,900 +24.4% --
06/18/2021 06/18/21 Sold $16,000 -20.0% --
06/02/2021 06/02/21 Pending -- -- --
04/25/2021 04/25/21 Price Changed $19,999 +0.5% --
04/25/2021 04/25/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $19,900 +32.7% --
07/30/2020 07/30/20 Price Changed $14,999 0.0% --
07/30/2020 07/30/20 For Sale $14,999 +64.8% --
07/04/2020 07/04/20 Pending -- -- --
09/09/2018 09/09/18 Price Changed $9,099 -1.1% --
07/27/2018 07/27/18 Price Changed $9,199 -0.7% --
06/09/2018 06/09/18 Price Changed $9,268 -0.1% --
04/18/2018 04/18/18 Price Changed $9,278 -0.1% --
01/14/2018 01/14/18 Price Changed $9,288 -1.1% --
12/02/2017 12/02/17 Price Changed $9,388 0.0% --
11/29/2017 11/29/17 Price Changed $9,389 -1.1% --
11/21/2017 11/21/17 Price Changed $9,489 -4.0% --
11/10/2017 11/10/17 Price Changed $9,889 -0.1% --
03/22/2017 03/22/17 Price Changed $9,899 0.0% --
03/22/2017 03/22/17 For Sale $9,899 +230.1% --
08/27/2016 08/27/16 Pending -- -- --
06/05/2016 06/05/16 Price Changed $2,999 -40.0% --
04/03/2016 04/03/16 For Sale $4,999 -- --
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 $1,996 $100,768 $21,080 $79,688
2024 $1,234 $99,040 $21,080 $77,960
2023 $1,234 $58,549 $21,080 $37,469
2022 $1,151 $56,055 $21,080 $34,975
2021 $1,128 $52,197 $21,080 $31,117
2020 $1,149 $52,864 $21,080 $31,784
2018 $1,155 $51,002 $21,080 $29,922
2017 $1,130 $50,015 $0 $0
2016 $1,089 $46,677 $0 $0
2015 $974 $44,987 $0 $0
2014 $1,013 $46,268 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Boyette

    Seller's Agent in 2021

    Karen Boyette

    SIGNATURE REALTY ASSOCIATES

    (813) 434-7013

    10 in this area

    570 Total Sales

    Karen Boyette
    Section Image
  • Theodora Uniken Venema

    Seller's Agent in 2021

    Theodora Uniken Venema

    DOWNTOWN BROKERS LLC

    (407) 557-5446

    1 in this area

    3 Total Sales

    Theodora Uniken Venema
    Section Image

  • J

    Buyer's Agent in 2021

    Jay Garick

    ADNORAM REALTY

    (407) 687-4128

    1 in this area

    3,847 Total Sales

    Jay Garick
    Section Image

  • A

    Buyer's Agent in 2021

    Ataul Haq

    BEST ORLANDO LIVING REALTY

    (407) 963-6692

    2 in this area

    54 Total Sales

    Ataul Haq
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3296097

Stellar MLS

APN: 27-30-01-883000-027091

Florida Polk County Lake Wales 33853

118 E Park Ave, Lake Wales, FL

This home is located at 118 E Park Ave, Lake Wales, FL 33853 since 17 March 2021 and is currently estimated at $117,003. 118 E Park Ave is a home located in Polk County with nearby schools including Ben Hill Griffin Jr. Elementary School, Bartow Elementary Academy, and Mclaughlin Middle School And Fine Arts Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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