NOT LISTED FOR SALE

5 Sugar Pine Loop Lake Wales, FL 33898

Estimated Value: $499,000 - $649,854

3 Beds
2.5 Baths
2,516 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $520,000 $207 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,609/month

110 Days on Market

Highlights

  • 4 Paddocks and Pastures
  • Screened Pool
  • Living Room with Fireplace
  • 4 Horse Stalls
  • View of Trees or Woods
  • Main Floor Primary Bedroom

About This Home

As of February 2021

Secret paradise awaits!! Follow the white picket fence to your newly gated oasis. As the paved driveway unwinds and your electronic gate opens, your newly custom built home appears. This modern colonial design home was built in 2017. Featuring a wrap around porch, you can enjoy summer days while listening to the sounds of nature. Feel the breeze as you rock away the days sipping a nice cold glass of iced tea. As you walk in, you are greeted by an open floor plan and a romantic spiral staircase leading up to a cozy loft. The huge cathedral ceilings compliment the beautiful stonewall fireplace. Elegant porcelain tile throughout the entire house. Sunlight beams through every window enhancing the beautiful, level 3 imported Brazilian granite countertops. Luxurious kitchen with wooden cabinetry, soft close features, pull-out spice racks, 2 lazy susans and a beautiful Italian marble sink. Top of the line, stainless steel appliances including a 5 burner gas stove. Polished brass built-in water dispenser for easy culinary endeavors. Entertain your guests around the island high bar as you pour delicious beverages from your wine fridge. Your powder room has the finest features including an exotic petrified wood sink. Expansive laundry room with new washer and dryer and laundry sink, cabinetry and Brazilian granite countertops. Split bedroom floorplan. The Owner's Suite has high ceilings and is enormous. It features a decadent owner's bathroom ensuite with a claw bathtub and designer ceramic shower, double sinks and the finest fixtures inclusive of custom designed cabinets. Generous walk-in closet big enough to share with the husband! Access the backyard pool entertainment through your owner's suite, living room French doors or kitchenette. A brick gas firepit, salt water pool and jacuzzi await you. Generous sized second and third bedrooms. Huge guest bathroom with tub and shower including double sinks, brass fixtures and wooden cabinetry. But it doesn t end there! You are now the proud owner of a beautiful red barn. The possibilities are endless with a separate space over top the barn for storage or a guest house. Welcome animal lovers! If you wish to bring your horses, there are 4 stalls and 4 pastures with plenty of room for a great life. This home is fully backed by an alternative source propane generator. Close to Tampa; 10 minute drive to Lake Wales Country Club and a 7 minute drive to Lake Walk-in-the-Water also known as Lake Weohyakapka, a 7,528 acre natural lake, nationally known for largemouth bass and excellent fishing. Westgate River Ranch close by for horseback riding and weekend rodeos. THIS HOME IS A MUST SEE!!

Last Buyer's Agent

Erin Floyd

COLDWELL BANKER REALTY License #3212218

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,875

Year Built

  • Built in 2017

Lot Details

  • 4.35 Acre Lot
  • Northeast Facing Home
  • Vinyl Fence
  • Irrigation

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 2,516 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Living Room with Fireplace
  • Loft
  • Porcelain Tile
  • Views of Woods
  • Security Gate

Kitchen

  • Built-In Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Fence Around Pool
  • Pool Lighting

Farming

  • Center Aisle Barn
  • Horse or Livestock Barn
  • Feeding Stations
  • Horse Farm

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Power Generator
  • Well
  • Tankless Water Heater
  • Septic Tank

Additional Features

  • 4 Paddocks and Pastures
  • 4 Horse Stalls

Community Details

  • Association fees include ground maintenance
  • Pine Ridge Homeowners Association/Tony Thomas Association, Phone Number (863) 528-6666
  • Pine Rdg Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 29-30-17-992700-000050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,875

Year Built

Built in 2017

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 2516.00
  • Homestead: Yes
  • Lot Size Acres: 4.35
  • Year Built: 2017
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8099916?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8099916?w=Customer
  • Lot Size Sq Ft: 189447
  • Barn Features: Center Aisle, Horse Barn
  • Farm Type: Horse
  • Number Of Paddocks Pastures: 4
  • Number Of Stalls: 4
  • Escrow State: FL
  • List Office Head Office Key Nume: 537596250
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Additional Rooms: Loft
  • Flooring: Porcelain Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Master Bedroom Downstairs, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Feeding Stations, Generator, Irrigation Equipment
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Living Area Meters: 233.74

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Barn(s)
  • Pool Features: Heated, In Ground, Lighting, Salt Water, Screen Enclosure
  • Exterior Features: Fenced, French Doors, Irrigation System, Sidewalk
  • Roof: Metal
  • Flood Zone Code: X
  • Pool Private: Yes
  • View: Trees/Woods

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number Of Wells: 2

Condo/Co-op/Association

  • Monthly HOA Fees: 10.00
  • Association Fee: 10.00
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Pine Ridge Homeowners Association/Tony Thomas
  • Phone: 863-528-6666
  • Association: Yes
  • Security: Security Gate

Fee Information

  • Total Annual Fees: 120.00
  • Total Monthly Fees: 10.00

Lot Info

  • Total Acreage: 2 to less than 5
  • Parcel Number: 29-30-17-992700-000050
  • Fencing: Vinyl
  • Lot Size Square Meters: 17600

Rental Info

  • Minimum Lease: No Minimum
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3874.78
  • Tax Book Number: 82-13
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Feb 25, 2021
Sold by
Scott John K and Scott Joy M
Bought by
Bovey Barbara L and Bovey Kimberly
Buyer's Agent
Erin Floyd
COLDWELL BANKER REALTY
List Price
$589,000
Sold Price
$520,000
Premium/Discount to List
-$69,000
-11.71%
Current Estimated Value
$584,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,714
Avg. Annual Appreciation
2.57%
Original Mortgage
$494,000
Outstanding Balance
$442,836
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$141,878

Purchase Details

Closed on
Feb 18, 2005
Sold by
Harrison William L and Harrison Ashleigh E
Bought by
Scott John K and Scott Joy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,450
Interest Rate
5.61%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Peter C Ray Tr
Bought by
Harrison William L and Harrison Ashleigh E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,505
Interest Rate
7.87%
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
Bovey Barbara L $520,000 Platinum National Title Llc
Scott John K $120,500 --
Harrison William L $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bovey Barbara L $494,000
Previous Owner Scott John K $108,450
Previous Owner Harrison William L $17,505
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2021 02/25/21 Sold $520,000 -11.7% $207 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $589,000 0.0% $234 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $589,000 -- $234 / 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 $6,094 $444,269 $26,164 $418,105
2024 $5,995 $459,127 $26,164 $432,963
2023 $5,995 $457,435 $0 $0
2022 $5,847 $444,112 $21,174 $422,938
2021 $3,922 $288,261 $0 $0
2020 $3,875 $284,281 $0 $0
2018 $3,804 $272,709 $0 $0
2017 $1,089 $71,111 $0 $0
2016 $728 $51,404 $0 $0
2015 $386 $51,047 $0 $0
2014 $678 $50,642 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8099916

Stellar MLS

APN: 29-30-17-992700-000050