NOT LISTED FOR SALE

2618 Olive Ave Lake Wales, FL 33898

Estimated Value: $304,375 - $347,000

3 Beds
2 Baths
1,684 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $200,000 $119 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,925/month

17 Days on Market

Highlights

  • Oak Trees
  • View of Trees or Woods
  • Family Room with Fireplace
  • Bartow Senior High School Rated A-
  • Open Floorplan
  • Traditional Architecture

About This Home

As of July 2020

A Rare find in the Lake Wales Area is what makes this Home and Lifestyle impossible to Beat! This one story home with Three Bedrooms Two Baths is 2,213 square feet that is Multi-Functional to fit everyones needs. It is located at the end of a Dead end Street, so the traffic is nonexistent. Let your loved ones and animals enjoy this Large lot, as it sits on a little over a Half an Acre. It is Privately Fenced with a big side Gate, so invite company over as there is plenty of room for parking and room to sprawl out, within the fence there is a Fire-pit and plenty of space for a Pool & Swing set! Get Cozy in your Hammock under the Canopy Oak Tree and reflect on your day! Take a moment and admire the Landscaping as you pull into your driveway. There's Lots of Natural Light throughout the house that starts with the Foyer. The Center & Heart of the home is in Kitchen and Gathering around the Brick Wood Burning Fireplace, where many memories are going to be had. This home has a smart floor plan, as you enter, you are invited into the Living Space or proceed straight into the Family Room. This home also accommodates a Split Floor Plan, with large closets. There are Several sliding glass doors that open to what could be a play room, an office, a work out room or anything you desire. As there is a newly installed barn door splitting up the rooms. The Quaint Kitchen has a Wrap around breakfast bar that has space for 4 stools to sit comfortably and it provides extra space for food prepping! The Vaulted ceilings create an airy open atmosphere. This home is Centrally Located in Lake Wales that is within minutes to Downtown and Shopping. It's 60miles to the East Coast and 75 miles to the West Coast. This is perfect for small town living, Florida Style! Please take the time for a private Showing before it's too late!

Last Agent to Sell the Property

Candice Knoll

EXP REALTY LLC License #3362590 Listed on: 05/30/2020

EXP REALTY LLC

Last Buyer's Agent

Cynthia Reina

License #3374338

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1985

Lot Details

  • 0.55 Acre Lot
  • Street terminates at a dead end
  • North Facing Home
  • Wood Fence
  • Mature Landscaping
  • Oversized Lot
  • Cleared Lot
  • Oak Trees
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,684 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • L-Shaped Dining Room
  • Sun or Florida Room
  • Views of Woods
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Woodland Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,224

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 1684
  • Lot Size Acres: 0.55
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2213
  • Lot Size Sq Ft: 23827
  • Directions to Property: Go East on HWY 60 from US 27. Turn L onto Evergreen Dr. Then a R onto Olive Dr. Home is on the R, @ the end of the street
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4915970?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4915970?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 0
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 1.00503
  • Price per Sq Ft: 118.76
  • Close to Original List Price Ratio: 0.9095
  • Ratio: Current Price\Building Area Total: 90.38
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), L Dining, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 2618
  • Room Count: 7
  • Additional Rooms: Family Room, Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s)
  • Exterior Features: Lighting, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

  • Parcel Number: 28-30-05-939200-002070
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Cleared, Oversized Lot
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Book Number: tbd

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2020
Closed on
Jul 17, 2020
Sold by
Metz Benjamin and Metz Robyn
Bought by
Franz Candice and Franz Richard A
Seller's Agent
Candice Knoll
EXP REALTY LLC
Buyer's Agent
Cynthia Reina
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%
Current Estimated Value
$319,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,344
Avg. Annual Appreciation
9.59%
Original Mortgage
$202,020
Outstanding Balance
$179,864
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$139,480

Purchase Details

Closed on
Aug 12, 2016
Sold by
Carter Stephanie L
Bought by
Metz Benjamin and Metz Robya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,042
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Apr 9, 2009
Sold by
Byrd Susan and Carter Susan F
Bought by
Carter Stephanie L
Source: Public Records

Range of Values:

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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
Franz Candice $200,000 Oak Harbor Title Svcs Llc
Metz Benjamin $95,000 Attorney
Carter Stephanie L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franz Candice $202,020
Previous Owner Metz Benjamin $97,042
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $200,000 +0.5% $119 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $199,000 -9.5% $118 / Sq Ft
05/28/2020 05/28/20 For Sale $219,900 -- $131 / 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 $2,224 $168,591 -- --
2024 $2,041 $163,840 -- --
2023 $2,041 $159,068 $0 $0
2022 $1,970 $154,435 $0 $0
2021 $1,979 $149,937 $18,666 $131,271
2020 $960 $77,556 $0 $0
2018 $517 $74,398 $0 $0
2016 $1,549 $72,151 $0 $0
2015 $994 $65,592 $0 $0
2014 $1,685 $92,866 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4915970

Stellar MLS

APN: 28-30-05-939200-002070