NOT LISTED FOR SALE

1955 S Lake Reedy Blvd Frostproof, FL 33843

Estimated Value: $586,000 - $790,000

3 Beds
2 Baths
2,253 Sq Ft
$305/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $380,000 $169 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,151/month

23 Days on Market

Highlights

  • 275 Feet of Waterfront
  • Barn
  • 5.47 Acre Lot
  • Covered Dock
  • Lake View
  • Open Floorplan

About This Home

As of July 2018

Gorgeous Lake Reedy in Frostproof lake front estate home with approximately 5 acres of land. Immaculate kept 3 bedroom 2 full bath home with bonus rooms. Open porch welcomes you to the grand southern style home with vaulted ceiling, corner fireplace with large river rocks, french style doors open to a perfect outdoor entertaining 52' long lanai and deck area. Double central air conditioning systems. Kitchen with newer appliances, trendy glass front cabinetry and ceramic tile floor. Guest rooms flank a full size bathroom, a large laundry room and a bonus room that could be for an office, small bedroom or walk in storage, it has an exterior door to the lanai and breezeway that connects to the Family room or game room or future apartment. It has it's own CHA system, electric and wood laminate flooring. There is a picnic pavilion or a metal barn structure that could store boats or trailers in the rear yard. There is a dock with electric boat lift and pump from the lake for irrigation. The house has a water softner system for the well and there is a septic tank with a lift station for the house. Metal covered carport, metal outbuilding, double over sized carport, acreage lots are fenced and has stalls for farm animals with water hook up. Grand estate for the area. Call for an appointment today.

Last Agent to Sell the Property

Michelle Hutto

KEYSTONE REALTY License #650542 Listed on: 04/06/2018

Co-Listed By

Tina Scarborough

KEYSTONE REALTY License #628476

Last Buyer's Agent

Michelle Hutto

KEYSTONE REALTY License #650542 Listed on: 04/06/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 2003

Lot Details

  • 5.47 Acre Lot
  • 275 Feet of Waterfront
  • Lake Front
  • Fenced
  • Property is zoned RC

Property Views

  • Lake
  • Woods

Home Design

  • Ranch Style House
  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,253 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Bonus Room
  • Game Room
  • Sun or Florida Room
  • Storage Room
  • Inside Utility
  • Security System Owned
  • Attic

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Garage
  • 2 Carport Spaces
  • Parking Pad
  • Oversized Parking
  • Workshop in Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Covered Dock
  • Dock made with wood
  • Open Dock
  • Separate Outdoor Workshop

Schools

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

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

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

Community Details

  • No Home Owners Association
  • Reedy Lake Estates Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,941

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2253
  • Lot Size Acres: 5.47
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 4034
  • Lot Size Sq Ft: 238064
  • Directions to Property: South on Hwy 17, Turn Right on Hwy 630 East Turn Right on N Lake Reedy Blvd, follow East on to South Lake Reedy Blvd, past Blue Jordan caution light, home on the Right.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=K4701962&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=K4701962&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 5 to less than 10
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95477
  • Price per Sq Ft: 168.66
  • Close to Original List Price Ratio: 0.95477
  • Ratio: Current Price\Building Area Total: 94.2
  • View: Yes
  • Co List Office Mls Id: 56004
  • Co List Office Phone: 863-635-0030
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Cathedral Ceiling(s), Ceiling Fans(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave Hood, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1955
  • Room Count: 11
  • Additional Rooms: Attic, Bonus Room, Family Room, Florida Room, Game Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Barn(s), Workshop
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Water Body Name: Lake Reedy
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Dock - Covered, Dock - Open, Dock - Wood, Dock w/Electric, Lift - Covered, Skiing Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12105C0975H
  • Waterfront Frontage: 275
  • Water Frontage Feet Lake: 275

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Covered, Driveway, Garage Faces Rear, Garage Faces Side, Oversized, Parking Pad, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Gas
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Canal/Lake For Irrigation, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RC
  • Parcel Number: 28-31-36-979002-000010
  • Additional Parcels: No
  • Lot Features: In County, Pasture, Zoned for Horses
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2941
  • Tax Book Number: 99-8
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2018
Closed on
Jul 6, 2018
Sold by
Scarborough Beverly Anne and Scarborough Family Trust
Bought by
Stanton Phillip and Rucks Letina Yvette
Seller's Agent
Michelle Hutto
KEYSTONE REALTY
Buyer's Agent
Michelle Hutto
KEYSTONE REALTY
List Price
$398,000
Sold Price
$380,000
Premium/Discount to List
-$18,000
-4.52%
Current Estimated Value
$688,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,013
Avg. Annual Appreciation
8.80%
Original Mortgage
$304,000
Outstanding Balance
$264,588
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$435,302

Purchase Details

Closed on
Dec 19, 2012
Sold by
Scarborough Beverly A
Bought by
Scarborough Beverly Anne and The Scarborough Family Trust

Purchase Details

Closed on
Jan 10, 2003
Sold by
Gibson Allan T and Gibson Dorothy S
Bought by
Scarborough James B and Scarborough Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.1%

Purchase Details

Closed on
Jul 16, 1996
Sold by
Vosefski Thelma R
Bought by
Gibson Allan T and Gibson Dorothy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
7.99%
Mortgage Type
New Conventional
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
Stanton Phillip $380,000 Oak Harbor Title Services Ll
Scarborough Beverly Anne -- Attorney
Scarborough James B $95,000 Attorneys Title Svcs Courier
Gibson Allan T $65,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanton Phillip $304,000
Previous Owner Scarborough James B $25,000
Previous Owner Gibson Allan T $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $380,000 -4.5% $169 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $398,000 -- $177 / 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 $6,033 $486,308 $101,770 $384,538
2024 $5,497 $398,626 -- --
2023 $5,497 $362,387 $0 $0
2022 $5,416 $329,443 $0 $0
2021 $4,624 $299,494 $70,756 $228,738
2020 $4,915 $319,347 $68,070 $251,277
2018 $3,015 $219,114 $0 $0
2017 $2,941 $214,607 $0 $0
2016 $2,888 $210,193 $0 $0
2015 $2,576 $208,732 $0 $0
2014 $701 $207,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: K4701962

Stellar MLS

APN: 28-31-36-979002-000010