NOT LISTED FOR SALE

516 Edgewater Dr Lake Wales, FL 33853

Estimated Value: $273,000 - $294,086

0.27 Acre
$1,067,674 Price per Acre
11,761 Sq Ft Lot

Last Sold September 08, 2020

Last sale price $18,000 $18 Per Sq Ft

Est. 1,483% increase in value since last sale

Current estimated payment $1,824/month

449 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-minute walk to Larry Linton Sports Complex
  • Bartow Senior High School Rated A-

About This Lot

As of September 2020

Nice .27 lot in City of Lake Wales. Lot was cleared and ready for a new home to be built. Sits across street from what used to be a lake and now has grown up with trees. Minutes to downtown businesses and shopping. No HOA. City Water and Sewer available.

Last Agent to Sell the Property

Belinda Cress

LAKELAND HOMES AND REALTY, LLC License #3291244 Listed on: 05/18/2019

Last Buyer's Agent

Troy Udit

ENGEL & VOLKERS ORLANDO DR PHILLIPS License #3462819

ENGEL & VOLKERS ORLANDO DR PHILLIPS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,978

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 180x65
  • Property is zoned R-1A

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Atkinson Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Assessor Parcel Number 27-30-01-892500-001030

Property Details

Property Type

Land

Est. Annual Taxes

$3,978

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11909
  • Status: Sold
  • Street Direction: NW
  • Total Acreage: 1/4 to less than 1/2
  • Ratio: Close Price\List Price: 0.85714
  • Price per Sq Ft: 1.51
  • Close to Original List Price Ratio: 0.72
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 65
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0565H

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Public
  • Sewer: Public Sewer, Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-1A
  • Parcel Number: 27-30-01-892500-001030
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 180x65
  • Price Per Acre: 66667
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Block: 1
  • Tax Book Number: 23-33
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2023
Sold by
Watson Kamal Lawson and Watson Rose Marie
Bought by
Watson Rose Marie
Current Estimated Value
$284,963

Purchase Details

Listed on
May 18, 2019
Closed on
Sep 8, 2020
Sold by
Zinhema Lovemore and Zinhema Sifiso
Bought by
Watson Kamal Lawson and Watson Rose Marie
Seller's Agent
Belinda Cress
LAKELAND HOMES AND REALTY, LLC
Buyer's Agent
Troy Udit
ENGEL & VOLKERS ORLANDO DR PHILLIPS
List Price
$25,000
Sold Price
$18,000
Premium/Discount to List
-$7,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.53%

Purchase Details

Closed on
Apr 16, 2019
Sold by
County Of Polk
Bought by
Zinhema Lovemore and Zinhema Sifiso

Purchase Details

Closed on
Jun 22, 2016
Sold by
Clerk Of The Circuit Court Or County Com
Bought by
County Of Polk

Purchase Details

Closed on
May 17, 2001
Sold by
Gardner Donna L
Bought by
Ellis David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,700
Interest Rate
6.98%
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
Watson Rose Marie $100 None Listed On Document
Watson Kamal Lawson $18,000 Lakeland Title
Zinhema Lovemore $9,900 None Available
County Of Polk -- None Available
Ellis David W $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ellis David W $24,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $18,000 -14.3% $18 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
11/19/2019 11/19/19 Price Changed $21,000 -16.0% $21 / Sq Ft
05/18/2019 05/18/19 For Sale $25,000 -- $25 / 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 $3,978 $235,605 $31,000 $204,605
2024 $663 $243,000 $31,000 $212,000
2023 $663 $25,300 $0 $0
2022 $432 $23,000 $23,000 $0
2021 $415 $21,000 $21,000 $0
2020 $398 $20,000 $20,000 $0
2018 $0 $20,837 $20,837 $0
2017 $0 $33,249 $0 $0
2016 $90 $31,585 $0 $0
2015 $700 $32,328 $0 $0
2014 $813 $34,085 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4908278

Stellar MLS

APN: 27-30-01-892500-001030