NOT LISTED FOR SALE

1963 S Lake Reedy Blvd Frostproof, FL 33843

Estimated Value: $691,067 - $887,000

3 Beds
3 Baths
3,491 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $670,000 $192 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,019/month

2 Days on Market

Highlights

  • 276 Feet of Lake Waterfront
  • 5.22 Acre Lot
  • No HOA
  • Oak Trees
  • Main Floor Primary Bedroom
  • Mature Landscaping

About This Home

As of March 2023

EXCLUSIVELY UNIQUE LAKE FRONT BEAUTY ON 5+ ACRES! UNUSUAL HOME has open living floor plan. Walk through the front door into the formal dining area and living area for an unbelievable view of 276 feet of lake frontage of 3800 m/l LAKE REEDY, a great bass fishing lake and all round sports lake! Enjoy the majestic sunsets from this location. There are two sets of three-panel sliding glass doors (living area and master suite) for panoramic views of the lake & sunsets! There are 2+ acres on the lake and 2.8 m/l across the road to enjoy nature at its finest (or build a large barn, fence for horses/cows/farm animals, & plant a garden)! The home has a unique design. The master en suite is on one end of the home with a spacious bedroom, closet, walk-in-closet and extra special master bathroom to include a steam shower, garden tub, dual sinks, linen closet and water closet! The second bedroom is located on the other end of the home with a bathroom across the hall as well as an office and the inside laundry room. The third bedroom is located near the master en suite. The kitchen is open to the living area with oak cabinetry and corian counter tops with many cabinets and counter space! There is a casual every-day dining area off the kitchen with a great view of Lake Reedy. Above the 3 car garage is a 20x24 living area complete with a full bathroom, wet bar, two sets of sliding glass doors opening onto a tiled balcony to enjoy beautiful views of Lake Reedy. The 3 car garage has a double door and a single door. In addition there is a shed protecting the well and well equipment and a shed for storage! COME SEE THIS HOME! IT'S A MUST!

Last Agent to Sell the Property

Estelle Sullivan

ESTELLE SULLIVAN REALTY, LLC License #348503 Listed on: 02/17/2023

Last Buyer's Agent

Estelle Sullivan

ESTELLE SULLIVAN REALTY, LLC License #348503 Listed on: 02/17/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,588

Year Built

  • Built in 2003

Lot Details

  • 5.22 Acre Lot
  • 276 Feet of Lake Waterfront
  • Lake Front
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Oak Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,491 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Drapes & Rods
  • Sliding Doors
  • Entrance Foyer
  • Combination Dining and Living Room
  • Home Office
  • Inside Utility
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Walk-In Pantry
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Balcony
  • Enclosed patio or porch
  • Shed

Schools

  • Ben Hill Griffin Elementary School
  • Frostproof Middle Se
  • Frostproof Middle - Senior High School

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • 1 Water Well
  • Electric Water Heater
  • Water Softener
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • Reedy Lake Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,588

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3491
  • Lot Size Acres: 5.22
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 5425
  • Lot Size Sq Ft: 227457
  • Directions to Property: From Hwy 27, take Hwy 630A into Frostproof (about 4 miles). At light (McDonalds on corner) continue East and turn onto N. Lake Reedy Blvd (second sign...on curve), continue to address, use second driveway where house number is located.
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Lake Wales
  • Escrow Postal Code: 33853
  • Escrow State: FL
  • Escrow Street Name: E Stuart Ave
  • Escrow Street Number: 120
  • List Office Head Office Key Nume: 1037804
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 191.92
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Eat-in Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Skylight(s), Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 2
  • Window Features: Drapes
  • Street Number Modifier: 1963
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 324.32
  • Room Count: 15

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Exterior Features: Balcony, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE REEDY
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Patio, Side Porch
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Lake
  • Water Extras: Skiing Allowed
  • Water Extras YN: 1
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 276
  • Water Frontage Feet Lake: 276
  • Additional Water Information: LAKE REEDY IS KNOWN FOR GREAT BASS FISHING WITH MANY FISHING TOURNAMENTS. IT IS APPROXIMATELY 3800 ACRES AND HAS A PUBLIC BOAT RAMP

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Electric
  • Laundry Features: Inside
  • 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
  • Association Approval Required YN: 0

Fee Information

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

Schools

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

Lot Info

  • Zoning: RESIDENTIA
  • Parcel Number: 28-31-36-979002-000030
  • Additional Parcels: No
  • Lot Features: In County, Paved
  • Flood Zone Code: X, AE
  • Homestead YN: 1
  • Lot Size Square Meters: 21131
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3588.35
  • Tax Book Number: 99-8
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 22, 2023
Sold by
Lanker Revocable Trust
Bought by
Hodge Robert J and Parry Jeanne
Seller's Agent
Estelle Sullivan
ESTELLE SULLIVAN REALTY, LLC
Buyer's Agent
Estelle Sullivan
ESTELLE SULLIVAN REALTY, LLC
List Price
$665,000
Sold Price
$670,000
Premium/Discount to List
$5,000
0.75%
Views
10
Current Estimated Value
$801,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,767
Avg. Annual Appreciation
8.12%
Original Mortgage
$600,000
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2006
Sold by
Lanker Gary W and Lanker Caroline T
Bought by
Lanker Gary W and Lanker Caroline T

Purchase Details

Closed on
Oct 14, 1996
Sold by
Vosefski Thelma R
Bought by
Lanker Gary W and Lanker Caroline T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
8.05%
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
Hodge Robert J $670,000 Real Estate Title
Lanker Gary W -- None Available
Lanker Gary W $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hodge Robert J $600,000
Previous Owner Lanker Gary W $80,527
Previous Owner Lanker Gary W $71,664
Previous Owner Lanker Gary W $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $670,000 +0.8% $192 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $665,000 -- $190 / 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
2023 $7,097 $504,796 $86,874 $417,922
2022 $3,588 $276,801 $0 $0
2021 $3,618 $268,739 $0 $0
2020 $3,573 $265,029 $0 $0
2018 $3,505 $254,239 $0 $0
2017 $3,417 $249,010 $0 $0
2016 $3,378 $243,888 $0 $0
2015 $3,083 $242,193 $0 $0
2014 $3,253 $240,271 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: K4902051

Stellar MLS

APN: 28-31-36-979002-000030