NOT LISTED FOR SALE

3118 Mountain Lake Cutoff Rd Lake Wales, FL 33859

Lake Ashton Neighborhood

Estimated Value: $204,000 - $320,000

4 Beds
2 Baths
1,456 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 02, 2014

Last sale price $75,002 $52 Per Sq Ft

Est. 268% increase in value since last sale

Current estimated payment $1,615/month

81 Days on Market

Highlights

  • 4.95 Acre Lot
  • Ranch Style House
  • Porch
  • Deck
  • No HOA
  • Screened Patio

About This Home

As of September 2014

Nearly 5 acres with a 4 bedroom 2 bath home sitting way back on the property. Great location between Winter Haven and Lake Wales and affordably priced! This is a Fannie Mae HomePath property. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Mike Nolen

COLDWELL BANKER REALTY License #3008129 Listed on: 05/30/2014

COLDWELL BANKER REALTY

Last Buyer's Agent

Perry Kemp

STAR REALTY OF WINTER HAVEN License #3241757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $968

Year Built

  • Built in 1972

Lot Details

  • 4.95 Acre Lot
  • Irregular Lot

Parking

  • 2 Carport Spaces

Home Design

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

Interior Spaces

  • 1,456 Sq Ft Home
  • Inside Utility

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

  • Spook Hill Elementary School
  • Mclaughlin Middle School
  • Winter Haven Senior High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Schutt S L Prop Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$968

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1456
  • Lot Size Acres: 4.95
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 2176
  • Lot Size Sq Ft: 215620
  • Directions to Property: South on Hwy 27 to west on Mountain Lake Cutoff Rd
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1036661
  • RATIO Current Price By Calculate: 51.51
  • Total Acreage: Two + to Five Acres
  • Water Access YN: 0
  • Tax Year: 2013
  • Special Features: 5120

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 3118
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Room Count: 8

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes

Utilities

  • Utilities: Electricity Connected, Gas
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Schools

  • Elementary School: Spook Hill Elem
  • High School: Winter Haven Senior
  • Middle Or Junior School: Mclaughlin Middle

Lot Info

  • Zoning: RES
  • Parcel Number: 27-29-32-000000-031130
  • Additional Parcels: No
  • Lot Features: Irregular Lot, Paved
  • Flood Zone Code: ANI
  • Homestead YN: 0
  • Future Land Use: 0115

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 968
  • Tax Block: 031130
  • Tax Book Number: /
  • Tax Lot: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2014
Sold by
Comco Holdings Llc
Bought by
Velasquez Ignacio Benitez and Benitez Raquel Aparicio
Current Estimated Value
$276,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
12%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
May 30, 2014
Closed on
Sep 2, 2014
Sold by
Fannie Mae
Bought by
Comco Holdings Llc
Seller's Agent
Mike Nolen
COLDWELL BANKER REALTY
Buyer's Agent
Perry Kemp
STAR REALTY OF WINTER HAVEN
List Price
$75,000
Sold Price
$75,002
Premium/Discount to List
$2
0.003%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%

Purchase Details

Closed on
Mar 7, 2014
Sold by
Moreno Marciano
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jun 10, 2005
Sold by
Hayes Redonna
Bought by
Moreno Marciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 18, 2004
Sold by
Hayes John and Hayes Redonna
Bought by
Hayes Redonna

Purchase Details

Closed on
Feb 12, 2002
Sold by
Johnson Jeanette H
Bought by
Hayes John and Hayes Redonna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1999
Sold by
Johnson Jeanette H
Bought by
Justice Mary J and Johnson James D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Velasquez Ignacio Benitez $95,000 Attorney
Comco Holdings Llc $75,100 Attorney
Fannie Mae -- Attorney
Moreno Marciano $160,000 Island Title Services
Hayes Redonna -- --
Hayes John $120,000 --
Justice Mary J $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Velasquez Ignacio Benitez $83,000
Previous Owner Moreno Marciano $47,800
Previous Owner Moreno Marciano $152,000
Previous Owner Justice Mary J $104,000
Previous Owner Justice Mary J $108,000
Previous Owner Hayes John $104,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $75,002 -- --
09/02/2014 09/02/14 Sold $75,002 0.0% $52 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
07/29/2014 07/29/14 For Sale $75,000 0.0% $52 / Sq Ft
07/02/2014 07/02/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $75,000 0.0% $52 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $75,000 -- $52 / 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 $1,316 $104,577 -- --
2023 $1,316 $101,531 $0 $0
2022 $1,256 $98,574 $0 $0
2021 $1,253 $95,703 $0 $0
2020 $1,221 $94,382 $0 $0
2018 $1,149 $90,540 $0 $0
2017 $1,124 $88,678 $0 $0
2016 $1,064 $86,854 $0 $0
2015 $1,286 $84,848 $0 $0
2014 $928 $80,638 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4630918

Stellar MLS

APN: 27-29-32-000000-031130