NOT LISTED FOR SALE

Estimated Value: $497,191

2 Beds
1 Bath
915 Sq Ft
$543/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $500,000 $546 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,191/month

18 Days on Market

Highlights

  • 58.95 Acre Lot
  • No HOA
  • East Facing Home
  • Great Room
  • Ceiling Fan
  • Heating Available

About This Home

As of April 2023

Cottage with workshop, private acreage and lakefront. This property is a great investment opportunity. It is zoned commercial but is grandfathered-in as residential. There is currently a 1/1 cottage being lived in as well as a mobile home (tear down or replace) with existing power, water, and septic hooked up. The land includes lake bottom of private Lake Effie and approximately 2,000 feet of lake frontage. The cottage sits on about 5 acres of cleared land and looks out to the lake and woods. Turkey and wildlife roam the 50+ acres of Florida woods. This property could be a hunter's secret hideaway, a beautiful homesite, or be utilized for a variety of commercial endeavors (trucking, nursery, storage, etc.). Seller is motivated, bring us your best offer.

Last Agent to Sell the Property

Caitlin Meadows

KELLER WILLIAMS REALTY SMART 1 License #3320485 Listed on: 02/10/2023

KELLER WILLIAMS REALTY SMART 1

Co-Listed By

Sam Daniels

KELLER WILLIAMS REALTY SMART 1 License #3440593

Last Buyer's Agent

Casey Greer

LPT REALTY, LLC License #3521375

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,249

Year Built

  • Built in 1965

Lot Details

  • 58.95 Acre Lot
  • Lot Dimensions are 100x260
  • East Facing Home

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 915 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Laminate Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,249

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 915
  • Lot Size Acres: 58.95
  • New Construction: No
  • Year Built: 1965
  • Building Area Total: 351
  • Lot Size Sq Ft: 2568075
  • Directions to Property: South 27 to West SR 60. Property is on the north side of the road near the Lake Wales airport.
  • Status: Sold
  • Street Post Direction: W
  • Co List Office Mls Id: MFR255000256
  • Co List Office Phone: 863-508-3000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1056487
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 546.45
  • Total Acreage: 50 to less than 100
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 1354
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 85.01
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: XX
  • Parcel Number: 27-30-03-000000-031010
  • Additional Parcels: No
  • Lot Dimensions: 100x260
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 238582

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1249.28
  • Tax Book Number: P-81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2024
Sold by
Thoms William G
Bought by
Thoms William Jeffrey
Current Estimated Value
$497,191

Purchase Details

Listed on
Feb 10, 2023
Closed on
Apr 6, 2023
Sold by
Olsen Steven Edward and Olsen Neuza Maria
Bought by
Thorns William Garner
Seller's Agent
Caitlin Meadows
KELLER WILLIAMS REALTY SMART 1
Buyer's Agent
Casey Greer
LPT REALTY, LLC
List Price
$650,000
Sold Price
$500,000
Premium/Discount to List
-$150,000
-23.08%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.23%

Purchase Details

Closed on
Mar 11, 2014
Sold by
Tf Loanco Se Llc
Bought by
Olsen Steven Edward and Olsen Neuza Maria

Purchase Details

Closed on
Aug 6, 2013
Sold by
Shri Shri Radha Nilamani Inc
Bought by
Tf Loanco Se Llc

Purchase Details

Closed on
Apr 9, 2007
Sold by
Hargraves Tom L
Bought by
Shri Shri Radha Nilamani Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1997
Sold by
Hargraves Cora L
Bought by
Hargraves Tom L
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
Thoms William Jeffrey -- None Listed On Document
Thorns William Garner $500,000 Celebration Title Group
Olsen Steven Edward $65,000 Trax Title Agency Llc
Tf Loanco Se Llc -- Attorney
Shri Shri Radha Nilamani Inc $330,000 Attorney
Hargraves Tom L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shri Shri Radha Nilamani Inc $245,000
Previous Owner Hargraves Tom L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $500,000 -9.1% $546 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $550,000 -15.4% $601 / Sq Ft
02/10/2023 02/10/23 For Sale $650,000 -- $710 / 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 $6,041 $415,110 $380,203 $34,907
2024 $1,311 $416,528 $380,203 $36,325
2023 $1,311 $61,465 $25,100 $36,365
2022 $1,249 $57,672 $0 $0
2021 $1,201 $52,429 $25,100 $27,329
2020 $1,170 $51,360 $25,100 $26,260
2018 $1,128 $49,849 $25,100 $24,749
2017 $1,089 $47,453 $0 $0
2016 $2,207 $46,465 $0 $0
2015 $699 $46,147 $0 $0
2014 $1,942 $45,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4924513

Stellar MLS

APN: 27-30-03-000000-031010