NOT LISTED FOR SALE

242 Lake Mabel Loop Rd Lake Wales, FL 33898

Estimated Value: $260,687 - $288,000

3 Beds
2 Baths
1,352 Sq Ft
$206/Sq Ft Est. Value

Last Sold November 04, 2015

Last sale price $86,000 $64 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $1,578/month

802 Days on Market

Highlights

  • Lake View
  • Cooling System Mounted To A Wall/Window
  • Combination Dining and Living Room
  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of November 2015

THREE BEDROOM 2 BATH HOME ON 1.34 ACRES OVERLOOKING LAKE MABEL. PLENTY OF ROOM TO MOVE AROUND. NICE WOODED LOT. NORTH OF LAKE WALES. JUST A SHORT DRIVE TO EAGLE RIDGE MALL. LIVING/DINING ROOM COMBO. SPLIT BEDROOMS. 17x11 SCREEN PORCH. DOES NEED SOME TLC.

Last Agent to Sell the Property

Heidi Gravel

WESTLAKE REAL ESTATE CO., INC. License #427175 Listed on: 07/13/2013

Last Buyer's Agent

Chris Gravel

WESTLAKE REAL ESTATE CO., INC. License #3032256

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,638

Year Built

  • Built in 1930

Lot Details

  • 1.34 Acre Lot
  • North Facing Home
  • Gentle Sloping Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,352 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Rods
  • Combination Dining and Living Room
  • Lake Views
  • Crawl Space
  • Range with Range Hood
  • Laundry in unit

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lake Mabel Heights Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,638

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1352
  • Lot Size Acres: 1.34
  • New Construction: No
  • Year Built: 1930
  • Lot Size Sq Ft: 58370
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=K4587823&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=K4587823&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Subdivision Num: 860600
  • Ratio: Close Price\List Price: 0.98851
  • Price per Sq Ft: 63.61
  • Close to Original List Price Ratio: 0.69378
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Window Treatments
  • Appliances Included: Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Rods, Window Treatments
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Mabel
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RES
  • Parcel Number: 27-29-14-860600-000090
  • Additional Parcels: No
  • Lot Features: Gentle Sloping, In County
  • Lot Dimensions: 95' x 397' & 120' x 170' M/L
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1638
  • Tax Block: 000090
  • Tax Book Number: 38/1
  • Tax Lot: 9 & 9A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2013
Closed on
Oct 30, 2015
Sold by
Hall Wesley J and Hall Linda J
Bought by
Ehrman Kathleen L
Seller's Agent
Heidi Gravel
WESTLAKE REAL ESTATE CO., INC.
Buyer's Agent
Chris Gravel
WESTLAKE REAL ESTATE CO., INC.
List Price
$123,958
Sold Price
$86,000
Premium/Discount to List
-$37,958
-30.62%
Current Estimated Value
$277,922

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,922
Avg. Annual Appreciation
12.46%
Original Mortgage
$81,700
Outstanding Balance
$64,478
Interest Rate
3.89%
Estimated Equity
$213,444
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
Ehrman Kathleen L $86,000 Real Estate Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehrman Kathleen L $81,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2015 11/04/15 Sold $86,000 -1.1% $64 / Sq Ft
09/24/2015 09/24/15 Pending -- -- --
05/27/2015 05/27/15 Price Changed $87,000 -23.8% $64 / Sq Ft
12/01/2014 12/01/14 Price Changed $114,157 -7.9% $84 / Sq Ft
07/13/2013 07/13/13 For Sale $123,958 -- $92 / 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 $1,489 $110,125 -- --
2024 $1,317 $107,021 -- --
2023 $1,317 $103,904 $0 $0
2022 $1,258 $100,878 $0 $0
2021 $1,241 $96,652 $0 $0
2020 $1,208 $95,318 $0 $0
2018 $1,140 $91,438 $0 $0
2017 $1,115 $89,557 $0 $0
2016 $1,653 $88,229 $0 $0
2015 $1,432 $94,511 $0 $0
2014 $1,573 $86,224 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: K4587823

Stellar MLS

APN: 27-29-14-860600-000090