NOT LISTED FOR SALE

507 N 5th St Lake Wales, FL 33853

Estimated Value: $191,000 - $201,000

3 Beds
2 Baths
1,036 Sq Ft
$190/Sq Ft Est. Value

Sale Details

Date Sold: February 21, 2023

Last sale price $205,000 $198 Per Sq Ft

Current estimated payment $1,389 / mo

4 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Combination Dining and Living Room
  • Spanish Architecture
  • Central Heating and Cooling System
  • 3-minute walk to Larry Linton Sports Complex

About This Home

As of February 2023

Unique Opportunity!!! This adorable 3/2 is perfect for a first time home buyer! The best part is the DETACHED 1 bedroom 2nd home that can be used as an in-law suite or rental income or whatever your imagination decides! This one wont last long. Its priced VERY aggressively. Schedule you showing today! Throw in a few updates and you have a serious showplace. Wonderful neighborhood and convenient to everything you need!

Last Agent to Sell the Property

Stephen Wible

OFFERPAD BROKERAGE FL, LLC License #3236970 Listed on: 01/18/2023

Last Buyer's Agent

Bianca Janice Williams

RAYNESHIRE REALTY LLC License #3126065

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $394

Year Built

  • Built in 1925

Lot Details

  • 8,089 Sq Ft Lot
  • East Facing Home
  • Property is zoned R-3

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,036 Sq Ft Home
  • Combination Dining and Living Room
  • Laminate Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Alta Vista Resub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$394

Year Built

Built in 1925

Lot Details

8,089 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1036
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 1075
  • Lot Size Sq Ft: 8089
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3423524?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3423524?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.025
  • Price per Sq Ft: 197.88
  • Close to Original List Price Ratio: 1.025
  • Ratio: Current Price\Building Area Total: 190.7
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor
  • Appliances Included: Range
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0565H
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: R-3
  • Parcel Number: 27-30-02-909580-000020
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 394
  • Tax Block: GG
  • Tax Book Number: 24-26
  • Tax Lot: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 13, 2023
Sold by
Bellamy Mary Beth and Bellamy Tasha M
Bought by
St Louis Guy
Seller's Agent
Stephen Wible
OFFERPAD BROKERAGE FL, LLC
Buyer's Agent
Bianca Janice Williams
RAYNESHIRE REALTY LLC
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Views
86
Current Estimated Value
$205,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167
Avg. Annual Appreciation
-1.18%
Original Mortgage
$20,286
Outstanding Balance
$19,650
Interest Rate
6.33%
Mortgage Type
Construction
Estimated Equity
$177,554

Purchase Details

Closed on
Feb 2, 2016
Sold by
Medlock Helen C and Bellamy Mary Beth
Bought by
Medlock Helen C and Medlock Tasha M

Purchase Details

Closed on
Apr 12, 2010
Sold by
Medlock Helen C
Bought by
Medlock Helen C and Bellamy Mary Beth
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
St Louis Guy $205,000 Majesty Title Services
Medlock Helen C -- Attorney
Medlock Helen C -- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open St Louis Guy $20,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2023 02/21/23 Sold $205,000 +2.5% $198 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $200,000 -- $193 / Sq Ft
Source: Stellar MLS

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 $3,309 $154,564 $15,000 $139,564
2024 $424 $164,990 $15,000 $149,990
2023 $424 $39,327 $0 $0
2022 $394 $38,182 $0 $0
2021 $384 $37,070 $0 $0
2020 $376 $36,558 $0 $0
2018 $355 $35,070 $0 $0
2017 $339 $34,349 $0 $0
2016 $296 $22,950 $0 $0
2015 -- $22,790 $0 $0
2014 -- $22,609 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3423524

Stellar MLS

APN: 27-30-02-909580-000020

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