NOT LISTED FOR SALE

Estimated Value: $266,000 - $325,000

4 Beds
2 Baths
1,881 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $370,000 $197 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $1,684/month

237 Days on Market

Highlights

  • 70 Feet of Lake Waterfront
  • Oak Trees
  • No HOA
  • Frank E. Brigham Academy Rated 9+
  • Midcentury Modern Architecture
  • Mature Landscaping

About This Home

As of May 2024

Discover mid-century modern charm with a touch of lakeside tranquility at 1406 Drexel Ave NE. The sellers have just reduced the price by another $15k, making this property an even more enticing opportunity for those seeking a rare lakefront gem in Winter Haven.Nestled on approximately 1/3 of an acre across two lots, this home boasts around 70 ft of lakefront, offering the perfect setting for your dream boat dock. The scenic views of the lake are visible from various rooms within the well-maintained 2000 sq ft home, which exudes mid-century allure. Put in your full-price offer today and sellers will give you $7000.00 towards closing costs.As you approach, towering oak trees and a meticulously landscaped yard welcome you. Step through the front door into a formal living room, providing ample space for gatherings. The large kitchen, adorned with painted cabinets and a delightful backsplash, awaits just beyond. Tiled floors and generous counter space enhance the kitchen's appeal.Enter through the carport, and you'll find yourself in a charming mudroom leading directly to the kitchen. The expansive family room and dining room combination, located straight ahead, serves as the heart of the home, offering abundant space for entertaining.The master bedroom, featuring a spacious seating area, is situated to the left, providing a private retreat within your own home. Another bedroom, separate from the rest, is on the opposite side of the family room. A hallway from the master leads to two bathrooms, two additional bedrooms, and a convenient laundry room—all boasting generous dimensions.While the bathrooms are original and could benefit from some updating, the resurfaced tubs add a touch of modernity. The large rear porch, spanning the length of the home, beckons with beautiful tiles and hot tub wiring. The spacious fenced backyard is a landscaped oasis, perfect for your furry companions.Surprisingly, this home conceals a rarity—a functional basement! Used by the current owners as a podcast studio and hurricane shelter, it remained unscathed during recent storms. With no HOA constraints, newer appliances, a 2-year-old roof, a newly installed hot water heater, and an irrigation well for a lush lawn, as well as new blinds in the bedrooms, this property seamlessly blends mid-century aesthetics with modern conveniences.Join a community of mid-century modern Gene Leedy homes and secure your piece of historic Winter Haven. Don't miss the chance to experience this unique blend of style, comfort, and lakeside living—schedule your showing today.

Last Agent to Sell the Property

Chris Loschiavo

RE/MAX HERITAGE PROFESSIONALS License #3399858 Listed on: 08/21/2023

RE/MAX HERITAGE PROFESSIONALS

Last Buyer's Agent

Chris Hall

KELLER WILLIAMS REALTY SMART License #3357461

KELLER WILLIAMS REALTY SMART

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,009

Year Built

  • Built in 1957

Lot Details

  • 0.3 Acre Lot
  • 70 Feet of Lake Waterfront
  • Lake Front
  • North Facing Home
  • Wood Fence
  • Mature Landscaping
  • Oversized Lot
  • Well Sprinkler System
  • Cleared Lot
  • Oak Trees
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R-1A

Home Design

  • Midcentury Modern Architecture
  • Bi-Level Home
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,881 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry in unit
  • Lake Views
  • Finished Basement
  • Exterior Basement Entry

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Shed

Schools

  • Elbert Elementary School
  • Denison Middle School
  • Winter Haven Senior High School

Utilities

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

Community Details

  • No Home Owners Association
  • Lake Elbert Heights Unit 01 02 Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,009

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1881
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 2560
  • Lot Size Sq Ft: 13299
  • Number Of Lots: 2
  • Directions to Property: From the Historic Ritz Theater in Downtown Winter Haven:Head east on W Central Ave toward 2nd St NW0.8 miContinue onto Lake Elbert Dr SE0.7 miTurn left onto Lake Elbert Dr NE0.3 miTurn right onto Drexel Ave NE Destination will be on the right
  • Status: Sold
  • Street Post Direction: NE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Lakeland
  • Escrow Postal Code: 33801
  • Escrow State: FL
  • Escrow Street Name: East Main Street
  • Escrow Street Number: 120
  • List Office Head Office Key Nume: 684125019
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 196.70
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Window Features: Window Treatments
  • Street Number Modifier: 1406
  • Has Basement: Exterior Entry, Finished
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 174.75
  • Room Count: 14

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s)
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE ELBERT
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: Lead Paint
  • Water Access: Lake
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 70
  • Flood Zone Panel: 12105C0364G
  • Water Frontage Feet Lake: 70

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Sprinkler Well, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Number of Wells: 1

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

Schools

  • Elementary School: Elbert Elem
  • High School: Winter Haven Senior
  • Middle Or Junior School: Denison Middle

Lot Info

  • Zoning: R-1A
  • Parcel Number: 26-28-22-587200-000312
  • Additional Parcels Description: 26-28-22-586000-000111
  • Additional Parcels: Yes
  • Fencing: Wood
  • Lot Features: Cleared, City Limits, Landscaped, Oversized Lot, Paved
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1236
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1008.82
  • Tax Block: 000312
  • Tax Book Number: 38/28
  • Tax Lot: 32

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
May 28, 2024
Sold by
Hemp Brian and Hemp Lynn
Bought by
Rowe Chelsie Renee and Chavez Robert William
Seller's Agent
Chris Loschiavo
RE/MAX HERITAGE PROFESSIONALS
Buyer's Agent
Chris Hall
KELLER WILLIAMS REALTY SMART
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Views
255
Current Estimated Value
$302,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$67,518
Avg. Annual Appreciation
-14.56%

Purchase Details

Closed on
Jul 17, 2007
Sold by
Hemp Dewayne and Hemp Margaret
Bought by
Hemp Brian and Hemp Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,850
Interest Rate
6.63%
Mortgage Type
FHA
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
Rowe Chelsie Renee $370,000 Fidelity National Title
Rowe Chelsie Renee $370,000 Fidelity National Title
Hemp Brian -- Emerald Title Ctrl Fl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hemp Brian $192,850
Previous Owner Hemp Dewayne $25,600
Previous Owner Drayton Elihu $86,376
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $370,000 -3.9% $197 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
03/08/2024 03/08/24 Price Changed $385,000 -3.7% $205 / Sq Ft
01/09/2024 01/09/24 Price Changed $399,900 -4.8% $213 / Sq Ft
11/14/2023 11/14/23 Price Changed $420,000 -1.2% $223 / Sq Ft
08/21/2023 08/21/23 For Sale $425,000 -- $226 / 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 $570 $251,162 $38,148 $213,014
2024 $567 $67,707 -- --
2023 $567 $65,735 $0 $0
2022 $562 $63,820 $0 $0
2021 $574 $61,961 $0 $0
2020 $573 $61,106 $0 $0
2018 $577 $58,618 $0 $0
2017 $544 $57,412 $0 $0
2016 $546 $56,231 $0 $0
2015 $555 $55,840 $0 $0
2014 $535 $55,397 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4927034

Stellar MLS

APN: 26-28-22-587200-000312