NOT LISTED FOR SALE

2531 Tall Palm Ave Lake Wales, FL 33898

Estimated Value: $157,000 - $232,000

2 Beds
1 Bath
1,134 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $123,000 $108 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,167/month

7 Days on Market

Highlights

  • Oak Trees
  • Above Ground Spa
  • Ranch Style House
  • Bartow Senior High School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2020

Come check out this cozy move in Ready home. Freshly painted with new kitchen countertops. Well maintained and ready for the next homeowner to cherish. Large living room and dining room. This home also comes with a large porch area with a hot tub. No HOA's or deed restrictions and close to shopping, entertainment, parks and lake Wailes walking/bike trail. Make an appointment today!

Last Agent to Sell the Property

Ted Johnson

XCELLENCE REALTY, INC License #3329952 Listed on: 03/21/2020

XCELLENCE REALTY, INC

Last Buyer's Agent

Lynn Arthur

FAITH AND FAMILY REALTY LLC License #3438738

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 1958

Lot Details

  • 0.26 Acre Lot
  • Street terminates at a dead end
  • South Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Level Lot
  • Oak Trees

Home Design

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

Interior Spaces

  • 1,134 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Rods
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Driveway

Outdoor Features

  • Above Ground Spa
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Outdoor Storage
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Woodland Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$826

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1134
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 1455
  • Lot Size Sq Ft: 11250
  • Directions to Property: Head east on Hwy 60 from Hwy27 Turn left onto Evergreen Dr 0.4 mi Turn right onto Tall Palm Ave Destination will be on the left
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4910267?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4910267?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 939200
  • Ratio: Close Price\List Price: 1.025
  • Price per Sq Ft: 108.47
  • Close to Original List Price Ratio: 0.984
  • Ratio: Current Price\Building Area Total: 84.54
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Features: Above Ground
  • Spa Yn: Yes
  • Window Features: Blinds, Rods, Window Treatments
  • Street Number Modifier: 2531
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Lighting, Storage
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

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

Lot Info

  • Zoning: RES
  • Parcel Number: 28-30-05-939200-002150
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: In County, Level
  • Lot Dimensions: 75' x 150' M/L
  • Flood Zone Code: x
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 826.26
  • Tax Block: 002140
  • Tax Book Number: 35/50
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2020
Closed on
May 14, 2020
Sold by
Johnson Theodore and Johnson Shirley
Bought by
Mater Marjorie A Van
Seller's Agent
Ted Johnson
XCELLENCE REALTY, INC
Buyer's Agent
Lynn Arthur
FAITH AND FAMILY REALTY LLC
List Price
$125,000
Sold Price
$123,000
Premium/Discount to List
-$2,000
-1.6%
Current Estimated Value
$198,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,045
Avg. Annual Appreciation
9.46%
Original Mortgage
$7,500
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 6, 2014
Closed on
Aug 26, 2014
Sold by
Fannie Mae
Bought by
Johnson Theodore
Seller's Agent
Mike Nolen
COLDWELL BANKER REALTY
Buyer's Agent
OUT OF AREA REALTOR
List Price
$42,900
Sold Price
$42,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.22%
Original Mortgage
$41,613
Interest Rate
4.19%

Purchase Details

Closed on
Apr 29, 2014
Sold by
Multivision Business Investments Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 13, 2007
Sold by
Pancorvo Guillermo
Bought by
Multivision Business Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
8.5%

Purchase Details

Closed on
Feb 12, 2007
Sold by
Pancorvo Guillermo
Bought by
Pancorvo Victor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
8.5%

Purchase Details

Closed on
Jul 7, 2005
Sold by
Baldree Melvin and Baldree Audrey
Bought by
Pancorvo Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.54%
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
Mater Marjorie A Van $123,000 Integrity First Title
Johnson Theodore $42,900 Attorney
Federal National Mortgage Association $200 None Available
Multivision Business Investments Inc -- Real Estate Title Services I
Pancorvo Victor J $30,000 Real Estate Title Svcs Inc
Multivision Business Investments Inc $135,000 Real Estate Title Svcs Inc
Pancorvo Guillermo $100,000 Real Estate Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanmater Marjorie A $145,600
Closed Mater Marjorie A Van $7,500
Closed Kater Marjorie A Van $110,907
Closed Vanmater Marjorie A $12,000
Previous Owner Johnson Theodore $41,613
Previous Owner Multivision Business Investments Inc $27,000
Previous Owner Multivision Business Investments Inc $108,000
Previous Owner Multivision Investments Inc $13,500
Previous Owner Pancorvo Victor J $27,000
Previous Owner Pancorvo Guillermo $30,000
Previous Owner Pancorvo Guillermo $80,000
Previous Owner Baldree Melvin $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $123,000 +2.5% $108 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/24/2020 03/24/20 Price Changed $120,000 -4.0% $106 / Sq Ft
03/20/2020 03/20/20 For Sale $125,000 +191.4% $110 / Sq Ft
08/17/2018 08/17/18 Off Market $42,900 -- --
08/26/2014 08/26/14 Sold $42,900 0.0% $38 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
06/06/2014 06/06/14 For Sale $42,900 -- $38 / 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
2024 $1,055 $114,768 -- --
2023 $1,055 $111,425 $0 $0
2022 $992 $108,180 $0 $0
2021 $981 $105,029 $11,610 $93,419
2020 $848 $60,046 $0 $0
2018 $802 $57,602 $0 $0
2017 $794 $56,417 $0 $0
2016 $763 $55,257 $0 $0
2015 $607 $40,079 $0 $0
2014 $1,160 $57,006 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4910267

Stellar MLS

APN: 28-30-05-939200-002150