NOT LISTED FOR SALE

5060 Timberlane Rd Lake Wales, FL 33898

Estimated Value: $453,000 - $587,000

4 Beds
3 Baths
2,452 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $390,000 $159 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,098/month

46 Days on Market

Highlights

  • 90 Feet of Pond Waterfront
  • Pond View
  • Stone Countertops
  • New Construction
  • Open Floorplan
  • Family Room Off Kitchen

About This Home

As of September 2023

Welcome to your dream home in Lake Wales! This stunning, custom-built residence was constructed in 2022 and offers an array of exceptional features. Step inside and be greeted by the inviting open concept, split floor plan, which effortlessly combines elegance and functionality. This home boasts 4 bedrooms, 3 full bathrooms, a bonus room, and a 3 car garage. The spacious layout creates a seamless flow, allowing for easy movement and interaction between the various living spaces. Step outside onto the screened in porch which offers a tranquil view of the pond. Schedule your showing today. Don't miss the opportunity to make this extraordinary home yours. Additional lot next door may be for sale, not included in price.

Last Agent to Sell the Property

James Maiorano

MARK SPAIN REAL ESTATE Brokerage Phone: 855-299-7653 License #3428695 Listed on: 06/22/2023

MARK SPAIN REAL ESTATE

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $557

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.38 Acre Lot
  • 90 Feet of Pond Waterfront
  • West Facing Home
  • Property is zoned SF-01

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,452 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Pond Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Access To Pond
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Lake Pierce Homeowners Association
  • Timberlake Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$557

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$17 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2452
  • Lot Size Acres: 0.38
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 3536
  • Lot Size Sq Ft: 16875
  • Directions to Property: From US27 take Chalet Suzanne Road and follow through the traffic light, the road will be Masterpiece Rd then. Follow to Timberlane Road and turn left. Property will be on the right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Escrow Street Name: https://www.trulytitle.com/locations
  • List Office Head Office Key Nume: 563642343
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 159.05
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 5060
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 227.80
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Access: Pond
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 90
  • Water Frontage Feet Pond: 90

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Public, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association Name: Lake Pierce Homeowners Association
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 200.00
  • Total Monthly Fees: 16.67
  • Monthly HOA Amount: 16.67

Lot Info

  • Zoning: SF-01
  • Parcel Number: 28-29-08-936691-000550
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1568

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Copy of the lease needs to be sent to the association.

Tax Info

  • Tax Annual Amount: 557
  • Tax Block: 03
  • Tax Book Number: 87-14
  • Tax Lot: 55

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Sep 7, 2023
Sold by
Lewis Steve Randel and Lewis Dorothy Jane
Bought by
Parenteau Albert D and Parenteau Karen J
Seller's Agent
James Maiorano
MARK SPAIN REAL ESTATE
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%
Views
17
Current Estimated Value
$516,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,790
Avg. Annual Appreciation
16.77%

Purchase Details

Closed on
Oct 7, 2020
Sold by
Lewis Steve Randel and Lewis Dorothy Jane
Bought by
Lewis Steve Randel and Lewis Dorothy Jane

Purchase Details

Closed on
Apr 16, 2004
Sold by
The First Church Of God Of Winter Haven
Bought by
Holborn Rick and Holborn Denise

Purchase Details

Closed on
Nov 15, 1999
Sold by
Robert W Piper Tr
Bought by
The First Church Of God Of Winter H
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
Parenteau Albert D $390,000 Sunbelt Title Agency
Parenteau Albert D $390,000 Sunbelt Title Agency
Lewis Steve Randel -- Federal Title Ins Agcy Inc
Lewis Steve Randel $40,000 Federal Title Ins Agcy Inc
Holborn Rick $13,000 --
The First Church Of God Of Winter H -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $390,000 -7.1% $159 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $420,000 -- $171 / 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 $4,229 $327,168 -- --
2024 $5,809 $317,948 -- --
2023 $5,809 $405,816 $42,000 $363,816
2022 $557 $41,800 $0 $0
2021 $527 $38,000 $38,000 $0
2020 $503 $36,000 $36,000 $0
2018 $496 $34,000 $34,000 $0
2017 $463 $32,000 $0 $0
2016 $473 $32,000 $0 $0
2015 $455 $30,000 $0 $0
2014 $401 $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3454422

Stellar MLS

APN: 28-29-08-936691-000550

Florida Polk County Lake Wales 33898

5060 Timberlane Rd, Lake Wales, FL

This home is located at 5060 Timberlane Rd, Lake Wales, FL 33898 since 22 June 2023 and is currently estimated at $516,790, approximately $210 per square foot. This property was built in 2022. 5060 Timberlane Rd is a home located in Polk County with nearby schools including Sandhill Elementary School, Bartow Elementary Academy, and Mclaughlin Middle School And Fine Arts Academy.

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.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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