NOT LISTED FOR SALE

3721 Palm Ave Lake Wales, FL 33853

Estimated Value: $270,000 - $295,000

3 Beds
3 Baths
1,759 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $270,000 $153 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,857/month

5 Days on Market

Highlights

  • Boat Ramp
  • View of Trees or Woods
  • Clubhouse
  • Water Access
  • Midcentury Modern Architecture
  • Mature Landscaping

About This Home

As of July 2022

WELCOME HOME!! If you are looking for privacy and nature, this extremely well maintained Indian Lake Estates home is just for you. Set on a 1/2 acre lot with no neighbors on any side, with not 1, not 2, but 3, yes 3 storage buildings, you will have plenty of room for all your outdoor toys. So bring your boats and ATVs and come see this lovely home. This home has a metal roof, the soffits and fascia replaced within the last 4 years. Septic tank and grease trap recently emptied and cleaned. There is a whole house water purification system. Generously sized living spaces. Sliders leading to Florida room. Kitchen has new counters and backsplash. New toilets and some updated plumbing. Laundry and third bathroom in the garage and the cleanest garage you every laid eyes on. Indian Lake Estates is a golf and lakefront community set on Lake Weohyakapka in Polk County, a 7500+ acre fishing lake just 10 miles east of Lake Wales. Public boat ramp, extra long pier, picnic areas and clubhouse. Only a short drive to the East Coast and not too far from all Central Florida attractions. Don't miss this amazing opportunity. Call for your appointment now.

Last Agent to Sell the Property

Deborah Carver

FLORIDA REALTY MARKETPLACE License #3325851 Listed on: 05/21/2022

FLORIDA REALTY MARKETPLACE

Co-Listed By

Lois Felber

FLORIDA REALTY MARKETPLACE License #165802

Last Buyer's Agent

Garth Robertson

RE/MAX PRIME PROPERTIES License #3377945

RE/MAX PRIME PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,831

Year Built

  • Built in 1962

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 120x218
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PUD

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,759 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room
  • Storage Room
  • Laundry in Garage
  • Views of Woods

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Water Access
  • Shed
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • 1 Water Well
  • 1 Septic Tank

Listing and Financial Details

Community Details

Overview

  • Alitha Torkildson Association, Phone Number (863) 692-1433
  • Indian Lake Estates Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,831

Year Built

Built in 1962

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1759
  • Lot Size Acres: 0.6
  • New Construction: No
  • Year Built: 1962
  • Lot Size Sq Ft: 26153
  • Directions to Property: From Lake Wales Walmart go EAST on 60 for approx 16 miles to Indian Lake Estates. Turn RIGHT. At first stop sign, RIGHT on Park to LEFT on Lake Haven to RIGHT on Palm to home on the left. IMPORTANT: FOLLOW THIS ROUTE TO AVOID UNPAVED STREETS.
  • Status: Sold
  • Co List Office Mls Id: MFR261012556
  • Co List Office Phone: 863-877-1915
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Davenport
  • Escrow Postal Code: 33787
  • Escrow State: FL
  • Escrow Street Name: Deer Creek Commerce Lane
  • Escrow Street Number: 2500
  • List Office Head Office Key Nume: 164491215
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 153.50
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Range, Refrigerator, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 3721
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Storage Rooms
  • Living Area Meters: 163.42
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s)
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Boat Ramp, Water Access
  • Association Amenities: Clubhouse, Dock, Recreation Facilities
  • Association Fee: 345
  • Association Fee Frequency: Annually
  • Association Name: Alitha Torkildson
  • Phone: 863-692-1433
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: acctinfo@ilefl.com

Fee Information

  • Total Annual Fees: 345.00
  • Total Monthly Fees: 28.75
  • Monthly HOA Amount: 28.75

Lot Info

  • Zoning: PUD
  • Parcel Number: 30-31-07-994050-019513
  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Dimensions: 120x218
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 2430

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1831.36
  • Tax Block: 195
  • Tax Book Number: 39-31
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 8, 2022
Sold by
Price Sandra L
Bought by
Velez Juan and Castillo Perlysse M
Seller's Agent
Deborah Carver
FLORIDA REALTY MARKETPLACE
Buyer's Agent
Garth Robertson
RE/MAX PRIME PROPERTIES
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%
Current Estimated Value
$287,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,130
Avg. Annual Appreciation
2.47%
Original Mortgage
$270,000
Outstanding Balance
$257,247
Interest Rate
5.09%
Mortgage Type
VA
Estimated Equity
$34,526

Purchase Details

Closed on
Sep 14, 2020
Sold by
Black James A
Bought by
Price Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 1996
Sold by
Sneed Lucius L and Sneed Frances G
Bought by
Black Robert J and Black Mary A
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
Velez Juan $270,000 None Listed On Document
Price Sandra L $61,000 Accommodation
Black Robert J $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Juan $270,000
Previous Owner Price Sandra L $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $270,000 +3.9% $153 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $259,900 -- $148 / 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 $3,588 $235,117 $10,500 $224,617
2024 $3,339 $226,064 $9,000 $217,064
2023 $3,339 $215,480 $8,400 $207,080
2022 $1,826 $141,344 $0 $0
2021 $1,831 $137,227 $0 $0
2020 $1,796 $135,332 $1,750 $133,582
2018 $912 $74,494 $0 $0
2017 $906 $72,962 $0 $0
2016 $857 $71,461 $0 $0
2015 $521 $70,964 $0 $0
2014 $807 $70,401 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4920895

Stellar MLS

APN: 30-31-07-994050-019513