NOT LISTED FOR SALE

2612 Lake Front Dr Lake Wales, FL 33898

Estimated Value: $592,000 - $1,316,589

4 Beds
3.5 Baths
4,255 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $950,000 $223 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,781/month

5 Days on Market

Highlights

  • 320 Feet of Waterfront
  • Barn
  • Home Theater
  • Boat Ramp
  • Oak Trees
  • Custom Home

About This Home

As of August 2020

Gorgeous lakefront estate with 16+ acres on the shores of Lake Walk In Water and a custom-built 4,255 sqft home. Welcome to 2612 Lake Front Dr in Lake Wales with 320' of prime lake frontage, stocked ponds, beautiful landscaped grounds and a tri-level 4 bedroom, 3.5 bath home. The gated entryway greets its guests with a paved winding driveway that leads to the custom built home nestled in the back of the property for the ultimate privacy and some of the most amazing lake views imaginable . A detached 3+ car garage and 26'x40' barn provide endless storage space while the circular drive allows plenty of room for guest parking. Private on site boat ramp allows easy access for boating or fishing on Polk County's largest body of water (7,528 acres) which is nationally known for trophy large-mouth bass fishing. Take a stroll across the property to one of the stocked ponds to fish from shore or to enjoy all that nature has to offer. Florida palms, bamboo, bromeliads and oaks are just a few of the many foliages that can be found on this incredibly landscaped property. The residence offers a spacious home with three levels. The front entry level features an open floor plan with elevated ceiling heights and large glass windows for panoramic views of the lake. The formal living and dining rooms, kitchen, two master suites, a 3rd bedroom and half bath are all found on the entry level floor. One floor down is home to an additional living/family room, an 18'x30' media/flex room with built-ins, a 4th bedroom with an en-suite bathroom and large laundry room. The bottom floor offers a den/bonus room (could make the perfect mother0in-law suite) with a large walk-in storage room, more incredible lake views and access to a covered rear porch. The dining rom and media room both boasts gorgeous wood burning fireplaces. The kitchen is fully equipped with a stainless steel appliance package, a breakfast bar, walk-in pantry and a lake front balcony that is shared with the master bedroom. The master bedroom features unbelievable lake views, two closets (one is a walk-in) and a spacious master bath with a soaking tub, walk-in shower and dual sinks. The secondary master bedroom offers a walk-in closet and bathroom with dual sinks and a tub/shower combo that also serves as a hall bathroom. All rooms and bedrooms are oversized and allow for many entertaining opportunities. Additional features include; metal roof on home and detached buildings, new metal seawall installed in 2018 that stretches the entire lake shore, an irrigation well and so much more! This estate would make the perfect lakefront retreat, sportsman paradise, vacation home or full time residence. The optional property owner's association fee is only $145 annually and includes access to the community recreation facility, social gatherings, tennis courts and community boat ramp. Come see what this one-of-a-kind Central Florida lakefront residence has to offer! Centrally located between Tampa and Orlando and within a 15 minute drive to schools, shopping and medical facilities. Just a quick 1 hour drive to Disney World and only 30 minutes to Legoland FL. Call today to book your private tour!

Last Agent to Sell the Property

Deanna Stone

THE STONES REAL ESTATE FIRM License #678978 Listed on: 06/13/2020

Co-Listed By

Michael Stone

THE STONES REAL ESTATE FIRM License #3103005

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,182

Year Built

  • Built in 1973

Lot Details

  • 16.53 Acre Lot
  • 320 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Level Lot
  • Well Sprinkler System
  • Oak Trees
  • Bamboo Trees
  • Wooded Lot
  • Additional Parcels

Parking

  • 3 Car Garage
  • Parking Pad
  • Ground Level Parking
  • Circular Driveway

Property Views

  • Lake
  • Woods

Home Design

  • Custom Home
  • Split Level Home
  • Wood Frame Certified By Forest Stewardship Council
  • Metal Roof

Interior Spaces

  • 4,255 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • French Doors
  • Family Room with Fireplace
  • Separate Formal Living Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Basement

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry Chute

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Access To Lake
  • Seawall
  • Water Skiing Allowed
  • Boat Ramp
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Spook Hill Elementary School
  • Mclaughlin Middle School
  • Frostproof Middle - Senior High School

Farming

  • Barn

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Association fees include recreational facilities
  • Walk/Water Lake Estates Ph 3 Un 4 Subdivision
  • Association Owns Recreation Facilities
  • Rental Restrictions

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,182

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Wood Frame (FSC Certified)
  • Fireplace: Yes
  • Living Area: 4255
  • Lot Size Acres: 16.53
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 4303
  • Lot Size Sq Ft: 720012
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4911101?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4911101?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 10 to less than 20
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95095
  • Price per Sq Ft: 223.27
  • Close to Original List Price Ratio: 0.95095
  • Ratio: Current Price\Building Area Total: 220.78
  • View: Yes
  • Co List Office Mls Id: 25502586
  • Co List Office Phone: 863-293-1133
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Other Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Stories: 3
  • Window Features: Blinds
  • Room Count: 14
  • Additional Rooms: Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Media Room, Storage Rooms

Exterior Features

  • Direction Faces: West
  • Other Structures: Barn(s), Storage
  • Exterior Features: Balcony, French Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Trees/Woods, Water
  • Water Body Name: Lake Walk-In-Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Porch, Rear Porch, Side Porch
  • Road Surface Type: Paved, Asphalt, Concrete
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Boat Ramp - Private, Seawall - Other, Skiing Allowed
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 320
  • Water Frontage Feet Lake: 320
  • Additional Water Information: Lake Walk-In-Water is also known as Lake Weohyakapka.
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Ground Level, Oversized, Parking Pad
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sprinkler Well, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Chute, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Tennis Courts, Water Access
  • Association Amenities: Tennis Court(s)
  • Association: No
  • Security: Security Gate, Security System
  • Senior Community: No
  • Amenities Additional Fees: Optional Property Owners Association.
  • Association Approval Required YN: No

Schools

  • Elementary School: Spook Hill Elem
  • High School: Frostproof Middle - Senior High
  • Middle Or Junior School: Mclaughlin Middle

Lot Info

  • Parcel Number: 29-30-29-000000-012060
  • Additional Parcels: Yes
  • Lot Features: In County, Level, Oversized Lot
  • Horse Amenities: None
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact Polk County Zoning for Leasing Restrictions.

Tax Info

  • Tax Annual Amount: 6181.69
  • Tax Block: E
  • Tax Book Number: 64-11
  • Tax Lot: A

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Aug 14, 2020
Sold by
Luing Sherry and Luing Gary A
Bought by
Sizemore Jeffrey Johnson and The Jeffrey John Sizemore Trus
Seller's Agent
Deanna Stone
THE STONES REAL ESTATE FIRM
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%
Current Estimated Value
$918,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,603
Avg. Annual Appreciation
-0.65%
Original Mortgage
$1,000,000
Outstanding Balance
$887,070
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$31,327

Purchase Details

Closed on
Feb 13, 2017
Sold by
Cheng Tsai Ping
Bought by
Luing Gary A and Luing Sherry L

Purchase Details

Closed on
May 11, 2004
Sold by
Luing Gary A
Bought by
Luing Gary A and Luing Sherry L

Purchase Details

Closed on
Feb 28, 2000
Sold by
Greensides Neil and Kennedy Jessie A
Bought by
Luiing Gary A

Purchase Details

Closed on
Jun 9, 1999
Sold by
Ohwedder Fred R and Ohwedder Phyllis L
Bought by
Luing Gary A

Purchase Details

Closed on
May 26, 1999
Sold by
Warner Southern College Inc
Bought by
Luing Gary A

Purchase Details

Closed on
Mar 12, 1997
Sold by
O'Brien Janet V
Bought by
Luing Gary A

Purchase Details

Closed on
Mar 4, 1997
Sold by
Turrell Todd T and Turrell Patricia G
Bought by
Luing Gary A and Luing Sherry L

Purchase Details

Closed on
Jul 30, 1993
Sold by
Turrell Todd T and Turrell Patricia C
Bought by
N Amer Mtg Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,200
Interest Rate
7.34%
Source: Public Records

Range of Values:

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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
Sizemore Jeffrey Johnson $950,000 Attorney
Luing Gary A -- Attorney
Luing Gary A -- --
Luiing Gary A $15,000 --
Luing Gary A $6,800 --
Luing Gary A $18,000 --
Luing Gary A $15,000 --
Luing Gary A $100 --
N Amer Mtg Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sizemore Jeffrey Johnson $1,000,000
Previous Owner Luing Gary A $50,000
Previous Owner N Amer Mtg Co $20,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $950,000 -4.9% $223 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
06/13/2020 06/13/20 For Sale $999,000 -- $235 / 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 $11,683 $864,766 $382,114 $482,652
2024 $11,019 $833,580 -- --
2023 $11,019 $757,800 $0 $0
2022 $9,758 $688,909 $0 $0
2021 $9,112 $623,010 $277,214 $345,796
2020 $6,185 $449,321 $0 $0
2018 $6,113 $431,029 $0 $0
2017 $5,955 $422,164 $0 $0
2016 $5,929 $413,481 $0 $0
2015 $5,645 $410,607 $0 $0
2014 $5,725 $407,348 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4911101

Stellar MLS

APN: 29-30-29-000000-012060