NOT LISTED FOR SALE

518 W Lake Wales Rd N Lake Wales, FL 33859

Lake Ashton Neighborhood

Estimated Value: $253,000 - $270,000

3 Beds
2 Baths
1,477 Sq Ft
$178/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $220,000 $149 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,683/month

208 Days on Market

Highlights

  • 0.75 Acre Lot
  • Balcony
  • Eat-In Kitchen
  • No HOA
  • Family Room Off Kitchen
  • Terrazzo Flooring

About This Home

As of October 2022

MUST SEE THIS 3 BEDROOM 2 BATHROOM 2 CAR CARPORT IN A GREAT LOCATION, NO HOA OR FEES TELLING YOU WHAT TO DO WITH YOUR PROPERTY AND PRIVATE SECLUDED AREA, PLENTY OF ROOM TO PARK YOUR BOATS, CAMPERS, TRAILERS, TRUCKS. HAVE YOU OWN WATER WELL AND SEPTIC TANK WHICH MEANS NO WATER BILL. ELECTRIC ONLY.

Last Agent to Sell the Property

Howard Marcley

MCPEAK REALTY GROUP INC License #671905 Listed on: 02/25/2022

Last Buyer's Agent

Ruben Galindo Vega

PREFERRED SHORE LLC License #3323643

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 1962

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 110x240
  • West Facing Home
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned RC

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,477 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Window Treatments
  • Family Room Off Kitchen
  • Terrazzo Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Schools

  • Spook Hill Elementary School
  • Mclaughlin Middle School
  • Frostproof Middle - Senior High School

Utilities

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

Community Details

  • No Home Owners Association
  • Walesdale Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$474

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1477
  • Lot Size Acres: 0.75
  • New Construction: No
  • Year Built: 1962
  • Lot Size Sq Ft: 32631
  • Number Of Lots: 2
  • Directions to Property: HWY 60 TO W LAKE WALES ROAD TO ADRESS 518 W LAKE WALES ROAD, LAKE WALES,
  • Status: Sold
  • Street Direction: W
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3357392?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3357392?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89796
  • Price per Sq Ft: 148.95
  • Close to Original List Price Ratio: 0.51765
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Window Treatments
  • Appliances Included: Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 518
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Awning(s), Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Spook Hill Elem
  • High School: Frostproof Middle - Senior High
  • Middle Or Junior School: Mclaughlin Middle

Lot Info

  • Zoning: RC
  • Parcel Number: 27-30-05-912500-002050
  • Additional Parcels Description: 27-30-05-912500-002090
  • Additional Parcels: Yes
  • Lot Dimensions: 110x240
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 474.5
  • Tax Block: B
  • Tax Book Number: 22-15
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Oct 28, 2022
Sold by
Gonzalez Tammy
Bought by
Gonzalez Fabiola and Diaz Daniel
Seller's Agent
Howard Marcley
MCPEAK REALTY GROUP INC
Buyer's Agent
Ruben Galindo Vega
PREFERRED SHORE LLC
List Price
$425,000
Sold Price
$220,000
Premium/Discount to List
-$205,000
-48.24%
Views
34
Current Estimated Value
$263,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,516
Avg. Annual Appreciation
5.54%
Original Mortgage
$209,000
Outstanding Balance
$203,297
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$52,803

Purchase Details

Closed on
Apr 23, 1996
Sold by
Futch Carrie P
Bought by
Futch Carrie
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gonzalez Fabiola $220,000 Fidelity National Title
Futch Carrie $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Fabiola $209,000
Previous Owner Jenkins Howard J $89,462
Previous Owner Jenkins Howard J $98,303
Previous Owner Jenkins Howard J $20,000
Previous Owner Futch Carrie $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $220,000 -87.4% $149 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/14/2022 09/14/22 Sold $1,750,000 +614.3% $1,185 / Sq Ft
08/22/2022 08/22/22 Price Changed $245,000 -14.0% $166 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/23/2022 07/23/22 Price Changed $285,000 -5.0% $193 / Sq Ft
07/15/2022 07/15/22 Price Changed $300,000 -29.4% $203 / Sq Ft
02/25/2022 02/25/22 For Sale $425,000 -73.4% $288 / Sq Ft
03/10/2020 03/10/20 For Sale $1,600,000 -- $1,083 / 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
2024 $2,961 $205,997 -- --
2023 $2,961 $187,270 $13,295 $173,975
2022 $472 $67,900 $0 $0
2021 $475 $65,922 $0 $0
2020 $453 $65,012 $0 $0
2018 $402 $62,365 $0 $0
2017 $402 $61,082 $0 $0
2016 $367 $59,826 $0 $0
2015 $370 $59,410 $0 $0
2014 $677 $58,938 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Howard Marcley

    MCPEAK REALTY GROUP INC

    (813) 299-8764

    1 in this area

    19 Total Sales

    Howard Marcley
    Section Image
  • Ron Lambert

    Seller's Agent in 2022

    Ron Lambert

    Lambert Commercial Real Estate

    (772) 538-3930

    1 in this area

    32 Total Sales

    Ron Lambert
    Section Image

  • R

    Buyer's Agent in 2022

    Ruben Galindo Vega

    PREFERRED SHORE LLC

    (863) 307-5009

    1 in this area

    44 Total Sales

    Ruben Galindo Vega
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3357392

Stellar MLS

APN: 27-30-05-912500-002050

Florida Polk County Lake Wales 33859 Lake Ashton

518 W Lake Wales Rd N, Lake Wales, FL

This home is located at 518 W Lake Wales Rd N, Lake Wales, FL 33859 since 25 February 2022 and is currently estimated at $263,516, approximately $178 per square foot. This property was built in 1962. 518 W Lake Wales Rd N is a home located in Polk County with nearby schools including Spook Hill 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

Nearby Homes