NOT LISTED FOR SALE

3920 Morgan Horse Way Lake Wales, FL 33898

Estimated Value: $90,000 - $254,000

2 Beds
2 Baths
840 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $82,000 $98 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,078/month

15 Days on Market

Highlights

  • No HOA
  • Fenced
  • Southeast Facing Home
  • Mobile Home
  • No Heating

About This Home

As of June 2022

ATTENTION INVESTORS! MOBILE HOME WITH BACK BUILDING ON 1 .3 ACRE LOT TONS OF POTENTIAL! CASH ONLY.

Last Agent to Sell the Property

Jay Woodsby

LINCOLN MADISON REAL ESTATE LLC License #3180248 Listed on: 05/01/2022

Last Buyer's Agent

Paola Millan

LA ROSA REALTY LLC License #3516705

LA ROSA REALTY LLC

Property Details

Home Type

  • Mobile/Manufactured

Est. Annual Taxes

  • $1,261

Year Built

  • Built in 1985

Lot Details

  • 1.28 Acre Lot
  • Lot Dimensions are 115x485
  • Southeast Facing Home
  • Fenced

Home Design

  • Split Level Home
  • Steel Frame
  • Shingle Roof

Interior Spaces

  • 840 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Mobile Home

  • Single Wide

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Lake Pierce Ranchettes Second Add Subdivision

Listing and Financial Details

  • Tax Lot 225
  • Assessor Parcel Number 28-29-17-937003-002250

Property Details

Home Type

Mobile/Manufactured

Est. Annual Taxes

$1,261

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Mobile Home
  • Construction Materials: Metal Frame
  • Fireplace: No
  • Living Area: 840
  • Lot Size Acres: 1.28
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 55578
  • Directions to Property: RIGHT OFF US 27 S , TURN LEFT ONTO CHALET SUZANNE ROAD, RIGHT ONTO LONGHORN DR, LEFT ONTO FAST TROT TRAIL, PROPERTY IS ON YOUR LEFT.
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96471
  • Price per Sq Ft: 97.62
  • Close to Original List Price Ratio: 0.86316
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ninguno
  • Appliances Included: None
  • Total Bedrooms: 2
  • Levels: Multi/Split
  • Street Number Modifier: 3920
  • Room Count: 3

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Fenced
  • Roof: Shingle
  • Body Type: Single Wide
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: None
  • Heating: None
  • Sewer: Other
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 28-29-17-937003-002250
  • Additional Parcels: No
  • Lot Dimensions: 115x485
  • Flood Zone Code: x

Rental Info

  • Minimum Lease: 6 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1260.67
  • Tax Book Number: 76-21
  • Tax Lot: 225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2022
Closed on
Jun 6, 2022
Sold by
Abolila Alan M
Bought by
Lincoln Madison Investments Llc
Seller's Agent
Jay Woodsby
LINCOLN MADISON REAL ESTATE LLC
Buyer's Agent
Paola Millan
LA ROSA REALTY LLC
List Price
$95,000
Sold Price
$82,000
Premium/Discount to List
-$13,000
-13.68%
Current Estimated Value
$190,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,704
Avg. Annual Appreciation
28.36%

Purchase Details

Closed on
Mar 17, 2021
Sold by
Abolila Alan M and Caravia Esther
Bought by
Abolila Alan M

Purchase Details

Closed on
Nov 2, 2005
Sold by
Mcdaniel Ronald and Mcdaniel Donna F
Bought by
Abolila Esther C

Purchase Details

Closed on
Sep 26, 2005
Sold by
Corbitt Sherry
Bought by
Mcdaniel Ronald

Purchase Details

Closed on
Aug 1, 1995
Sold by
Fink Jodi L and Lawson Jodi L
Bought by
Mcdaniel Ronald and Corbitt Sherry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.5%
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
Lincoln Madison Investments Llc $70,000 Advantage Title Services
Abolila Alan M -- None Available
Abolila Esther C $65,000 --
Mcdaniel Ronald -- --
Mcdaniel Ronald $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcdaniel Ronald $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $82,000 -3.5% $98 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
05/12/2022 05/12/22 Price Changed $85,000 -10.5% $101 / Sq Ft
05/01/2022 05/01/22 For Sale $95,000 -- $113 / 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 $937 $73,921 -- --
2024 $1,747 $67,201 -- --
2023 $1,747 $95,662 $43,244 $52,418
2022 $1,493 $77,836 $24,405 $53,431
2021 $1,261 $53,398 $0 $0
2020 $1,195 $61,480 $21,036 $40,444
2018 $1,042 $50,815 $19,318 $31,497
2017 $1,018 $36,472 $0 $0
2016 $956 $33,156 $0 $0
2015 $457 $30,142 $0 $0
2014 $811 $33,889 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4920620

Stellar MLS

APN: 28-29-17-937003-002250