NOT LISTED FOR SALE

1391 N Lake Reedy Blvd Frostproof, FL 33843

Estimated Value: $285,000 - $408,000

2 Beds
1 Bath
1,416 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $380,000 $268 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,153/month

23 Days on Market

Highlights

  • 200 Feet of Lake Waterfront
  • 1.05 Acre Lot
  • Ranch Style House
  • Oak Trees
  • Living Room with Fireplace
  • Furnished

About This Home

As of March 2024

Act now to acquire this quaint little concrete block Lakefront Cottage on Lake Reedy. BIG BONUS:ADJOINING SEPARATE BUILDABLE LAKEFRONT LOT IS INCLUDED!! It is an ideal home to play host during the winter months or year around fishing off your very own dock. It has been used as a weekend getaway for several years. I can envision gatherings inside and out with games and fish fry activities. A covered porch welcomes you to step inside to the popular Open concept design of the living room and kitchen. Knotty Pine Wood ceilings gives the Old Florida lifestyle vibe along with the retro crank style jalousie windows. There is a brick faced wood burning fireplace in the middle of the room. Step up to a central hallway that leads to the renovated single bathroom with large walk in shower, walk in closet for the primary bedroom and separate closet for the secondary bedroom and a separate den. The rooms flows from one to the other with the ability to close themselves off for privacy. There is a walk in pantry located off the kitchen area with cabinets and the separate electric hot water heater. The whole house has central air and heat along with a wall a/c unit left just in case you need to run it with a generator (not included) if the power goes out. The washer and dryer are located in the attached workshop with lots of storage area. Very wide covered back porch over looks large back yard with tall mature Oak trees dripping with moss. It feels like a perfect little getaway place for a peaceful vacation.

Last Agent to Sell the Property

Michelle Hutto

KEYSTONE REALTY Brokerage Phone: 863-635-0030 License #650542 Listed on: 02/02/2024

Last Buyer's Agent

Michelle Hutto

KEYSTONE REALTY Brokerage Phone: 863-635-0030 License #650542 Listed on: 02/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,240

Year Built

  • Built in 1957

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 100x168
  • 200 Feet of Lake Waterfront
  • Lake Front
  • Northwest Facing Home
  • Oak Trees
  • Additional Parcels
  • Property is zoned RE-1

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Block Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,416 Sq Ft Home
  • Furnished
  • Dry Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Lake Views

Kitchen

  • Built-In Oven
  • Range Hood
  • Freezer

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 4 Parking Garage Spaces
  • Circular Driveway

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Open Dock
  • Outdoor Storage

Location

  • Flood Zone Lot

Schools

  • Frostproof Elementary School
  • Frostproof Middle Se
  • Frostproof Middle - Senior High School

Utilities

  • Central Heating and Cooling System
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • North Reedy Shore Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,240

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, Traditional
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1416
  • Lot Size Acres: 1.05
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 2464
  • Lot Size Sq Ft: 45738
  • Number Of Lots: 1
  • Directions to Property: North on Scenic Hwy, Turn Right on Hwy 630 @ red light (near McDonald's) head East, Turn Right onto N Lake Reedy Blvd, go past County boat ramp approximately 1 mile the house is on the Right. 1391 is above carport and on the mailbox across the street.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow City: Lake Wales
  • Escrow Postal Code: 33853
  • Escrow State: FL
  • Escrow Street Name: East Stuart Ave
  • Escrow Street Number: 120
  • List Office Head Office Key Nume: 1052400
  • Number Of Pets: 4
  • RATIO Current Price By Calculate: 268.36
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_NumAssignedParkingSpaces: 4
  • MFR_InLawSuiteYN: 0
  • MFR_DockDescription: Dock - Open
  • MFR_DockYN: 1
  • Attribution Contact: 863-635-0030
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dryer, Electric Water Heater, Freezer, Range Hood, Refrigerator, Washer
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 1391
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 131.55
  • Room Count: 11

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE REEDY
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water Extras YN: 1
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 200
  • Flood Zone Date: 2016-12-22
  • Flood Zone Panel: 12105C0765G
  • Water Frontage Feet Lake: 200

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Circular Driveway

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Outside, Washer Hookup
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: Please see Polk pet restrictions.

Fee Information

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

Schools

  • Elementary School: Frostproof Elem
  • High School: Frostproof Middle - Senior High
  • Middle Or Junior School: Frostproof Middle Se

Lot Info

  • Zoning: RE-1
  • Parcel Number: 28-31-26-962600-000210
  • Additional Parcels Description: 28-31-26-962600-000200
  • Additional Parcels: Yes
  • Lot Features: FloodZone, In County, Paved
  • Lot Dimensions: 100X168
  • Property Attached Yn: No
  • Flood Zone Code: X & AE
  • Homestead YN: 0
  • Lot Size Square Meters: 4249
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3239.71
  • Tax Block: 962600
  • Tax Book Number: 33/3
  • Tax Lot: 21

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 28, 2024
Sold by
Barnes David E and Barnes Janice J
Bought by
Shaw James David and Shaw Rhonda Reves
Seller's Agent
Michelle Hutto
KEYSTONE REALTY
Buyer's Agent
Michelle Hutto
KEYSTONE REALTY
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Views
29
Current Estimated Value
$341,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,998
Avg. Annual Appreciation
-6.45%
Original Mortgage
$178,062
Outstanding Balance
$176,218
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$169,480
Source: Public Records

Range of Values:

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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
Shaw James David $250,000 Real Estate Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw James David $178,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $380,000 -10.6% $268 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $425,000 -- $300 / 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 $3,582 $212,047 $71,890 $140,157
2024 $1,650 $218,632 -- --
2023 $1,650 $198,756 $0 $0
2022 $3,180 $180,687 $0 $0
2021 $2,724 $164,261 $52,780 $111,481
2020 $2,842 $173,724 $50,050 $123,674
2018 $2,453 $142,285 $47,775 $94,510
2017 $2,503 $146,641 $0 $0
2016 $2,448 $141,977 $0 $0
2015 $2,095 $138,291 $0 $0
2014 $588 $130,173 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: K4902405

Stellar MLS

APN: 28-31-26-962600-000210