NOT LISTED FOR SALE

5008 Fairmont Rd Lake Wales, FL 33898

Estimated Value: $429,000 - $479,000

3 Beds
2 Baths
1,660 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $480,000 $289 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,812/month

28 Days on Market

Highlights

  • Barn
  • Horse Property
  • Ranch Style House
  • Stables
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of November 2024

Located in Central Florida Peninsular rolling hills, this property is the perfect place for your dream home. This property sits on 4.67 acres of lush, clear land. Imagine walking outside to enjoy the serenity of country living with a picturesque sunset view. With its pool & horse barn, this beautiful move-in-ready home offers a mother-in-law suite and ample storage space for all your toys. This property is ready for your equine companions to roam free, complete with a fenced perimeter and horse stalls. This property is equipped with all new appliances / lifetime warranties on all windows, an updated metal roof, a brand-new heating, cooling, and air conditioning system, a brand-new hot water heater, and a brand-new pool pump and cleaner. There is a 20’ x 20’ metal covered parking area complete with drivable pavers. Wind mitigation inspection completed in 2024. Prime location, easy access to major highways & all of Florida's world-famous theme parks and attractions. Close proximity to lake Wales/Haines City/ Dundee & Winter Haven, conveniently located just a few miles off of Hwy 27. Local attractions include Legoland Florida resort and the breathtaking Bok Tower Gardens.

Last Agent to Sell the Property

Andres Lizarazo Visbal

LOKATION Brokerage Phone: 954-545-5583 License #3121544 Listed on: 09/17/2024

LOKATION

Co-Listed By

Amanda Zachman

MV REALTY PBC LLC Brokerage Phone: 954-545-5583 License #3244459

Last Buyer's Agent

Steve Montgomery

EXP REALTY LLC License #3302404

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,112

Year Built

  • Built in 1992

Lot Details

  • 4.67 Acre Lot
  • East Facing Home
  • Oversized Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,660 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Range
  • Laundry in unit

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Horse Property
  • Screened Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Private Mailbox
  • Rear Porch

Schools

  • Sandhill Elementary School
  • Mclaughlin Middle School
  • Winter Haven Senior High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Stables

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Fairmont Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,112

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1660
  • Lot Size Acres: 4.67
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 2160
  • Lot Size Sq Ft: 203573
  • Status: Sold
  • Co List Office Mls Id: MFR276534223
  • Co List Office Phone: 561-350-0272
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: Lake Underhill Rd
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 289.16
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Barn Features: Bathroom,Horse Barn
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 1
  • MFR_InLawSuiteDescription: 1 Bathroom
  • Attribution Contact: 954-545-5583
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 154.22

Exterior Features

  • Direction Faces: East
  • Other Structures: Barn(s), Workshop
  • Pool Features: In Ground
  • Exterior Features: Lighting, Private Mailbox, Sliding Doors
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12105C0560H
  • Farm Type: Horse

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Parcel Number: 28-29-07-936660-000142
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: In County, Oversized Lot, Pasture
  • Horse Amenities: Stable(s)
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5112
  • Tax Book Number: 70-34
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Oct 31, 2024
Sold by
Cooley Fred
Bought by
Erickson Kurt and Erickson Michelle
Seller's Agent
Andres Lizarazo Visbal
LOKATION
Buyer's Agent
Steve Montgomery
EXP REALTY LLC
List Price
$535,000
Sold Price
$480,000
Premium/Discount to List
-$55,000
-10.28%
Views
21
Current Estimated Value
$460,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,231
Avg. Annual Appreciation
-4.01%

Purchase Details

Listed on
Dec 4, 2020
Closed on
Feb 4, 2021
Sold by
Casselman Edward T and Casselman Carol J
Bought by
Cooley Fred
Seller's Agent
Jimmy Schaill
CRAIG BURKE REAL ESTATE GROUP, LLC
Buyer's Agent
Roxanne Free
SHOWCASE PROPERTIES OF CENTRAL
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$348,570
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2014
Sold by
Rosen Jessica and Groover Lee
Bought by
Casselman Edward T and Casselman Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,739
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Rosen Jessica and Groover Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,367
Interest Rate
5.14%

Purchase Details

Closed on
Aug 28, 2008
Sold by
Lizarazo Victor A
Bought by
Deutsche Bank National Trust Co and Fremont Home Loan Trust 2006-1

Purchase Details

Closed on
Jan 30, 2006
Sold by
Maldonado Eric and Maldonado Tina Jean
Bought by
Lizarazo Victor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8.15%

Purchase Details

Closed on
Mar 20, 2001
Sold by
Brickel James T and Brickel Veronica
Bought by
Maldonado Eric and Maldonado Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,700
Interest Rate
7.09%
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
Erickson Kurt $480,000 Fidelity National Title Of Flo
Cooley Fred $355,000 None Available
Casselman Edward T $180,000 Newcastle Title Services Inc
Rosen Jessica $165,000 None Available
Deutsche Bank National Trust Co -- Attorney
Lizarazo Victor A $335,000 None Available
Maldonado Eric $123,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooley Fred $348,570
Previous Owner Casselman Edward T $176,739
Previous Owner Rosen Jessica $168,367
Previous Owner Lizarazo Victor A $268,000
Previous Owner Maldonado Eric $147,600
Previous Owner Maldonado Eric $123,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Sold $480,000 -3.2% $289 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
09/27/2024 09/27/24 Price Changed $496,000 -7.3% $299 / Sq Ft
09/17/2024 09/17/24 For Sale $535,000 +50.7% $322 / Sq Ft
02/04/2021 02/04/21 Sold $355,000 +1.4% $214 / Sq Ft View Prior Sale
12/11/2020 12/11/20 Pending -- -- --
12/04/2020 12/04/20 For Sale $350,000 -- $211 / 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 $4,811 $377,888 $117,164 $260,724
2024 $5,112 $338,291 $88,363 $249,928
2023 $5,112 $324,342 $0 $0
2022 $4,658 $294,856 $59,353 $235,503
2021 $3,445 $196,948 $53,745 $143,203
2020 $2,676 $182,047 $0 $0
2018 $2,565 $174,636 $49,072 $125,564
2017 $2,906 $159,780 $0 $0
2016 $2,809 $152,010 $0 $0
2015 $2,108 $139,099 $0 $0
2014 $1,248 $101,563 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller Co-Listing Agent in 2024

    Amanda Zachman

    MV REALTY PBC LLC

    (561) 513-0185

    128 Total Sales

    Amanda Zachman
    Section Image
  • Steve Montgomery

    Buyer's Agent in 2024

    Steve Montgomery

    EXP REALTY LLC

    (407) 680-4914

    230 Total Sales

    Steve Montgomery
    Section Image

  • J

    Seller's Agent in 2021

    Jimmy Schaill

    CRAIG BURKE REAL ESTATE GROUP, LLC

    (863) 559-2633

    35 Total Sales

    Jimmy Schaill
    Section Image
  • Roxanne Free

    Buyer's Agent in 2021

    Roxanne Free

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 425-4497

    72 Total Sales

    Roxanne Free
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6241487

Stellar MLS

APN: 28-29-07-936660-000142

Florida Polk County Lake Wales 33898

5008 Fairmont Rd, Lake Wales, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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