NOT LISTED FOR SALE

520 Magnolia Dr Lake Wales, FL 33898

Estimated Value: $28,000 - $61,000

0.5 Acre
$89,000 Price per Acre
21,780 Sq Ft Lot

Last Sold August 01, 2022

Last sale price $11,500

Est. 287% increase in value since last sale

Current estimated payment $277/month

140 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Fitness Center
  • Boat Ramp
  • Access To Lagoon or Estuary
  • Fishing

About This Lot

As of August 2022

.5 Acre buildable lot in the lovely Lake and Golf community of Indian Lake Estates. buy and hold or build your dream home in central Florida's best kept secret.

Last Agent to Sell the Property

Matthew Little

KELLER WILLIAMS REALTY AT THE PARKS License #3467925 Listed on: 02/11/2022

KELLER WILLIAMS REALTY AT THE PARKS

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $120

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 218x100
  • Dirt Road
  • Level Lot
  • Wooded Lot
  • Property is zoned PUD

HOA Fees

  • $29 Monthly HOA Fees

Schools

  • Frostproof Elementary School
  • Frostproof Middle Se
  • Frostproof Middle - Senior High School

Utilities

  • Septic Needed
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 10 / 181
  • Assessor Parcel Number 30-31-07-994050-018110

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund, insurance, manager, private road, recreational facilities, security
  • Elizabeth Jewell Association
  • Visit Association Website
  • Indian Lake Estates Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, vehicle restrictions

Amenities

  • Clubhouse
  • Planned Social Activities

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Waterfront Community
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Fishing
  • Access To Lagoon or Estuary
  • Access To Lake
  • Access To Marina
  • Boat Ramp

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$120

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Insurance, Manager, Private Road, Recreational Facilities, Security
  • Property Type: Land
  • Lot Size Acres: 0.5
  • Lot Size Sq Ft: 21797
  • Number Of Lots: 1
  • Directions to Property: From Hwy 60 turn onto Deland Ave. take first right at Park Ave. go through the gate and continue to Lake AHven dr on Left. turn left on Magnolia Dr. and lot is on Left
  • Status: Sold
  • Total Acreage: 1/2 to less than 1
  • Ratio: Close Price\List Price: 0.82143
  • Price per Sq Ft: 0.53
  • Close to Original List Price Ratio: 0.76667
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 520

Exterior Features

  • Water Body Name: Lake Weohyakapka
  • Waterfront: No
  • Road Surface Type: Asphalt, Dirt, Gravel
  • Water Access: Lagoon, Lake, Marina
  • Water Extras: Boat Ramp - Private
  • Water View Y N: No
  • Front Footage: 100
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Additional Water Information: Lake Walk-in-the-Water
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Available
  • Sewer: Septic Needed
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Activity Core/Center, Community Boat Ramp, Deed Restrictions, Fishing, Gated Community, Golf Carts OK, Golf, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Basketball Court, Clubhouse, Boat Dock, Fitness Center, Gated, Marina, Private Boat Ramp, Recreation Facilities, Security, Shuffleboard Court, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 346
  • Association Fee Frequency: Annually
  • Association Name: Elizabeth Jewell
  • Association: Yes
  • Security: Gated Community
  • Association Website: www.indianlakeestates.net
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 346
  • Monthly HOA Fee: 28.83
  • Total Monthly Fees: 28.83

Schools

  • Elementary School: Frostproof Elem
  • High School: Frostproof Middle - Senior High
  • Middle Or Junior School: Frostproof Middle Se

Lot Info

  • Zoning: PUD
  • Parcel Number: 30-31-07-994050-018110
  • Additional Parcels: No
  • Lot Features: Buildable, Level
  • Lot Dimensions: 218x100
  • Price Per Acre: 23000
  • Flood Zone Code: x
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 26.6
  • Tax Block: 181
  • Tax Book Number: 39-31
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2024
Sold by
Caledonian Llc
Bought by
Hawkins Kevin S
Current Estimated Value
$44,500

Purchase Details

Listed on
Feb 11, 2022
Closed on
Jul 25, 2022
Sold by
Cashier Anthony J
Bought by
Caledonian Llc
Seller's Agent
Matthew Little
KELLER WILLIAMS REALTY AT THE PARKS
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$15,000
Sold Price
$11,500
Premium/Discount to List
-$3,500
-23.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.41%

Purchase Details

Listed on
Jan 14, 2019
Closed on
Feb 22, 2019
Sold by
Athey David and Athey Ramona
Bought by
Cashier Anthony J
Seller's Agent
Pamela Estes
LEGACY REAL ESTATE CENTER INC
Buyer's Agent
Pamela Estes
LEGACY REAL ESTATE CENTER INC
List Price
$2,000
Sold Price
$2,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.52%

Purchase Details

Closed on
Jan 11, 2005
Sold by
Chester W M K and Chester Catherine P
Bought by
Athey David and Athey Ramona

Purchase Details

Closed on
Sep 15, 2004
Sold by
Giddings Dennis C
Bought by
Chester Wm K and Chester Catherine P
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
Hawkins Kevin S $10,000 Southern Title & Abstract
Hawkins Kevin S $10,000 Southern Title & Abstract
Hawkins Kevin S $10,000 Southern Title & Abstract
Caledonian Llc $11,500 First International Title
Cashier Anthony J $2,000 Attorney
Athey David $18,000 Polk Professional Title Insu
Chester Wm K $8,000 Polk Professional Title Insu
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $11,500 -17.9% --
07/01/2022 07/01/22 Pending -- -- --
04/02/2022 04/02/22 Price Changed $14,000 -6.7% --
03/11/2022 03/11/22 For Sale $15,000 0.0% --
03/04/2022 03/04/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $15,000 +650.0% --
02/25/2019 02/25/19 Sold $2,000 0.0% --
02/13/2019 02/13/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $2,000 -- --
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 $120 $10,500 $10,500 --
2024 $113 $9,000 $9,000 --
2023 $113 $8,400 $8,400 $0
2022 $44 $1,925 $0 $0
2021 $27 $1,750 $1,750 $0
2020 $27 $1,750 $1,750 $0
2018 $26 $1,750 $1,750 $0
2017 $41 $2,800 $0 $0
2016 $41 $2,795 $0 $0
2015 $40 $2,541 $0 $0
2014 $37 $2,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Little

    Seller's Agent in 2022

    Matthew Little

    KELLER WILLIAMS REALTY AT THE PARKS

    (770) 374-2980

    59 Total Sales

    Matthew Little
    Section Image

  • P

    Seller's Agent in 2019

    Pamela Estes

    LEGACY REAL ESTATE CENTER INC

    (863) 676-0200

    36 Total Sales

    Pamela Estes
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6001882

Stellar MLS

APN: 30-31-07-994050-018110

Florida Polk County Lake Wales 33898

520 Magnolia Dr, Lake Wales, FL

This home is located at 520 Magnolia Dr, Lake Wales, FL 33898 since 11 February 2022 and is currently estimated at $44,500. 520 Magnolia Dr is a home located in Polk County with nearby schools including Ben Hill Griffin Jr. Elementary School, Bartow Elementary Academy, and Frostproof Middle/Senior High School.

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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