NOT LISTED FOR SALE

275 E Stuart Ave Unit 6 Lake Wales, FL 33853

Estimated Value: $192,783

2 Beds
2 Baths
1,504 Sq Ft
$472/mo HOA Fee

Last Sold October 27, 2020

Last sale price $130,000 $86 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,660/month

422 Days on Market

Highlights

  • The property is located in a historic district
  • City View
  • Bonus Room
  • Bartow Senior High School Rated A-
  • Wood Flooring
  • High Ceiling

About This Home

As of October 2020

Unique opportunity to own a multi-use condo in Historic, Downtown Lake Wales. This condo is located in the historic, restored 1919 Bullard Building which is on the NATIONAL REGISTER OF HISTORIC PLACES. The residential condo was recently remodeled while leaving the integrity of its best features: Original pine wood floors throughout, featured brick interior wall, exposed 16’ high trussed pine ceilings which all add to the ambiance of this home. The home features a new kitchen with wood cabinets, granite counter top, cooking island with breakfast bar area, and stainless steel appliances. Bathrooms have been remodeled with granite counters. Inside utility. You will enjoy the amazing bird’s eye view of downtown from the 2 windows facing Stuart Avenue. This condo is located in the hub of Downtown Lake Wales which is a desirable, beautifully restored 1920’s town with lots of buildings on the historic registry. You must see to believe the potential this building has for an owner or owner/occupant, or someone looking for an investment property in downtown Lake Wales. There is a 200 SF (10' x 20") office space included in this sale and potential to rent an additional 400 SF office or it can continue being used as a bonus room for the residential condo.

Last Listed By

Cheryl Bossarte

POLK REAL ESTATE LLC License #342998 Listed on: 08/12/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,187

Year Built

  • Built in 1919

Lot Details

  • One Way Street
  • South Facing Home
  • Condo Land Included
  • Historic Home

HOA Fees

  • $472 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Stem Wall Foundation
  • Membrane Roofing

Interior Spaces

  • 1,504 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Inside Utility
  • Laundry Room
  • Wood Flooring
  • City Views

Kitchen

  • Range
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Accessible Home Design

  • Kitchen Appliances

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund
  • Colleen Kirchy Association, Phone Number (863) 676-8584
  • Bullard Bldg Condo Subdivision

Amenities

  • Elevator

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,187

Year Built

Built in 1919

Lot Details

0

HOA Fees

$472 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Historical
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1504
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1919
  • Accessibility Features: Accessible Kitchen Appliances
  • Building Area Total: 1704
  • Lot Size Sq Ft: 1039
  • Directions to Property: From US Hwy 27 turn E onto Central. Turn L onto 1st Street. Turn R onto Stuart Ave. Property is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4907243?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4907243?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 910033
  • Ratio: Close Price\List Price: 0.78836
  • Price per Sq Ft: 86.44
  • Close to Original List Price Ratio: 0.74286
  • Ratio: Current Price\Building Area Total: 76.29
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab, Stem Wall
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 275
  • Room Count: 7
  • Additional Rooms: Bonus Room, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Other
  • Exterior Features: Sidewalk
  • Roof: Membrane
  • Pool Private: No
  • Road Frontage Type: Street One Way
  • View: City
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0565H
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalk
  • Association Amenities: Elevator(s)
  • Association Name: Colleen Kirchy
  • Phone: 863-676-8584
  • Association: No
  • Senior Community: No
  • Condo Fees: 1417
  • Condo Fees Term: Quarterly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 472

Fee Information

  • Total Annual Fees: 5668
  • Total Monthly Fees: 472.33

Lot Info

  • Zoning: RES
  • Parcel Number: 27-30-02-910033-002060
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Sidewalk
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Currency Monthly Rent Amt: 1250

Tax Info

  • Tax Annual Amount: 1186.89
  • Tax Block: 002060
  • Tax Book Number: 10159/01266
  • Tax Lot: 060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2023
Sold by
Childress Joshua R and Childress Leyah R
Bought by
Wagner Joseph J and Wagner Alicia H
Total Days on Market
422
Current Estimated Value
$192,783

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 26, 2020
Sold by
Pilkington Erlie F and Pilkington Edward E
Bought by
Childress Joshua R and Childress Leyah R
Seller's Agent
Cheryl Bossarte
POLK REAL ESTATE LLC
Buyer's Agent
Angie Workman
REMAX EXPERTS
List Price
$175,000
Sold Price
$130,000
Premium/Discount to List
-$45,000
-25.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
Dec 18, 2019
Sold by
Pilkington Edward E and Pilkington Revocable Trust
Bought by
Pilkington Edward E and Pilkington Erlie F

Purchase Details

Closed on
May 11, 2017
Sold by
Pilkington Edward E and Pilkington Erlinda Rada
Bought by
Pilkington Edward E and Pilkington Revocable Trust

Purchase Details

Closed on
Mar 5, 2009
Sold by
Gibson Robert L and Gibson Jr Revocable T Robert L
Bought by
Pilkington Edward and Rada Pilkington Erlinda

Purchase Details

Closed on
Jan 19, 2009
Sold by
Gibson Robert L
Bought by
Pilkington Edward and Rada Pilkington Erlinda

Purchase Details

Closed on
Sep 28, 2004
Sold by
Gibson Robert L
Bought by
Gibson Robert L and Gibson Jr Revocable T Robert L

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
Wagner Joseph J $195,000 Sun National Title
Childress Joshua R $130,000 Attorney
Pilkington Edward E -- Attorney
Pilkington Edward E -- Attorney
Pilkington Edward -- None Available
Pilkington Edward $10,000 None Available
Gibson Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Childress Joshua $119,789
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2020 10/27/20 Sold $130,000 -21.2% $86 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
04/23/2020 04/23/20 Price Changed $164,900 -5.8% $110 / Sq Ft
08/29/2019 08/29/19 For Sale $175,000 0.0% $116 / Sq Ft
08/22/2019 08/22/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $175,000 -- $116 / 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 $1,311 $105,266 $0 $0
2022 $1,191 $102,200 $100 $102,100
2021 $1,249 $102,200 $100 $102,100
2020 $1,156 $54,500 $100 $54,400
2018 $1,203 $54,500 $100 $54,400
2017 $1,198 $54,500 $0 $0
2016 $1,157 $54,500 $0 $0
2015 $1,125 $52,000 $0 $0
2014 $1,138 $52,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4907243

Stellar MLS

APN: 27-30-02-910033-002060