NOT LISTED FOR SALE

1775 Banks Rd Lake Wales, FL 33898

Estimated Value: $280,000 - $357,000

4 Beds
2 Baths
2,398 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 12, 2022

Last sale price $195,000 $81 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,090/month

19 Days on Market

Highlights

  • Open Floorplan
  • L-Shaped Dining Room
  • Family Room Off Kitchen
  • Bartow Senior High School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2022

This property is been sold AS-IS

Last Agent to Sell the Property

Mike Coicou

BHHS FLORIDA PROPERTIES GROUP Brokerage Phone: 863-815-8000 License #3143103 Listed on: 10/27/2022

BHHS FLORIDA PROPERTIES GROUP

Last Buyer's Agent

Nilka Beltran Rivera

BELHOUSE REAL ESTATE, LLC License #3248724

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,990

Year Built

  • Built in 1986

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 120x180
  • Dirt Road
  • North Facing Home
  • Fenced
  • Property is zoned R-3

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,398 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Dry Bar
  • Family Room Off Kitchen
  • L-Shaped Dining Room

Kitchen

  • Eat-In Kitchen
  • Cooktop with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • Hillcrest Elementary School
  • Mclaughlin Middle School
  • Lake Wales Senior High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mammoth Grove Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,990

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 2398
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 21636
  • Directions to Property: from highway 27 turn left onto Chalet Suzanne and slight Left to Alternate 17 and Turn right onto Marmoth Grove and turn Right to banks road and House will be on your left inside
  • Status: Sold
  • Ownership: Fee Simple
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 215813421
  • RATIO Current Price By Calculate: 81.32
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 863-815-8000
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate, Other, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Dry Bar, Eat-in Kitchen, Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Thermostat
  • Appliances Included: Cooktop, Dishwasher, Disposal, Range, Range Hood
  • Foundation Details: Block, Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1775
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 222.78
  • Room Count: 12

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fence, Other, Storage
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water Extras YN: 0
  • 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: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, None
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Schools

  • Elementary School: Hillcrest Elem
  • High School: Lake Wales Senior High
  • Middle Or Junior School: Mclaughlin Middle

Lot Info

  • Zoning: R-3
  • Parcel Number: 28-29-30-937640-022612
  • Additional Parcels: No
  • Lot Dimensions: 120x180
  • Flood Zone Code: NO
  • Homestead YN: 0
  • Lot Size Square Meters: 2010

Green Features

  • Green Verification Count: 0

Tax Info

  • Tax Annual Amount: 1990.5
  • Tax Book Number: 4-78
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 12, 2022
Sold by
Banks Mildred
Bought by
Sanchez Cesar A and Sanchez Yenis Pacas
Seller's Agent
Mike Coicou
BHHS FLORIDA PROPERTIES GROUP
Buyer's Agent
Nilka Beltran Rivera
BELHOUSE REAL ESTATE, LLC
List Price
$235,000
Sold Price
$195,000
Premium/Discount to List
-$40,000
-17.02%
Views
35
Current Estimated Value
$326,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,449
Avg. Annual Appreciation
19.97%
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
Sanchez Cesar A $195,000 Paramount Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2022 12/18/22 Off Market $205,000 -- --
12/12/2022 12/12/22 Sold $195,000 -4.9% $81 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $205,000 -12.8% $85 / Sq Ft
10/27/2022 10/27/22 For Sale $235,000 -- $98 / 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 $4,304 $270,414 $9,189 $261,225
2024 $4,213 $279,579 $9,189 $270,390
2023 $4,213 $279,936 $8,941 $270,995
2022 $2,469 $60,529 $0 $0
2021 $1,991 $55,026 $0 $0
2020 $1,891 $170,104 $5,746 $164,358
2018 $1,571 $127,391 $5,746 $121,645
2017 $648 $37,584 $0 $0
2016 $538 $34,167 $0 $0
2015 $471 $31,061 $0 $0
2014 $514 $32,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4923280

Stellar MLS

APN: 28-29-30-937640-022612