NOT LISTED FOR SALE

524 S 3rd St Lake Wales, FL 33853

Estimated Value: $35,015 - $221,000

0.23 Acre
$391,322 Price per Acre
9,875 Sq Ft Lot

Last Sold January 08, 2024

Last sale price $35,000

Est. 157% increase in value since last sale

Current estimated payment $500/month

164 Days on Market

About This Lot

As of January 2024

Great opportunity for a mixed use conner lot near downtown Lake Wales. Two blocks away from Hwy 60 and one block away from a grocery store shopping center. There is water, sewer, and power in close proximity. The property is fully fenced with a gate on 3rd St and on the ally. This property is zoned PF, permissible uses include: Single Family home, Multi Family Home, Day care, Religious Establishment, Funeral Home, Health Services, Medical Office, Nursing Home, Bank, Professional Office, and Public facilities.

Last Agent to Sell the Property

Austin Henry

CENTURY 21 MYERS REALTY LAKE WALES Brokerage Phone: 863-676-4448 License #3499372 Listed on: 07/17/2023

Last Buyer's Agent

Austin Henry

CENTURY 21 MYERS REALTY LAKE WALES Brokerage Phone: 863-676-4448 License #3499372 Listed on: 07/17/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $272

Lot Details

  • 9,875 Sq Ft Lot
  • Lot Dimensions are 77x129
  • Corner Lot
  • Property is zoned PF

Community Details

  • Tibados Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 2
  • Assessor Parcel Number 27-30-11-914000-002160

Property Details

Property Type

Land

Est. Annual Taxes

$272

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 9875
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 3.54
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 863-676-4448
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Road Frontage Type: City Street
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electrical Nearby, Sewer Available, Water Available
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: PF
  • Parcel Number: 27-30-11-914000-002160
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Corner Lot
  • Lot Dimensions: 77x129
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 271.78
  • Tax Block: 2
  • Tax Book Number: 33-4
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Jan 8, 2024
Sold by
Seelal Ramnanan
Bought by
Velazquez Rosmeri Perez
Seller's Agent
Austin Henry
CENTURY 21 MYERS REALTY LAKE WALES
Buyer's Agent
Austin Henry
CENTURY 21 MYERS REALTY LAKE WALES
List Price
$47,500
Sold Price
$35,000
Premium/Discount to List
-$12,500
-26.32%
Views
128
Current Estimated Value
$90,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,004
Avg. Annual Appreciation
68.51%

Purchase Details

Closed on
Jan 3, 2020
Sold by
Goranson Richard
Bought by
Seelal Ramnanan

Purchase Details

Closed on
Feb 11, 2005
Sold by
Reid Mary A
Bought by
Goranson Richard

Purchase Details

Closed on
Nov 16, 1999
Sold by
Aztec Insurance Co
Bought by
Reid Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,900
Interest Rate
7.7%

Purchase Details

Closed on
Jun 1, 1998
Sold by
Clerk Of The Court
Bought by
Aztec Insurance Co
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
Velazquez Rosmeri Perez $35,000 Sun National Title
Seelal Ramnanan -- Sun National Title
Seelal Ramnanan $14,000 Attorney
Goranson Richard $12,000 Real Estate Title Svcs Inc
Reid Mary A $13,900 --
Aztec Insurance Co $4,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aztec Insurance Co $12,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2024 01/08/24 Sold $35,000 -17.6% --
12/29/2023 12/29/23 Pending -- -- --
09/15/2023 09/15/23 Price Changed $42,500 -10.5% --
07/17/2023 07/17/23 For Sale $47,500 -- --
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 $338 $17,931 $17,931 --
2024 $316 $17,492 -- --
2023 $316 $15,902 $0 $0
2022 $272 $14,456 $14,456 $0
2021 $261 $13,213 $13,213 $0
2020 $1,258 $12,706 $12,706 $0
2018 $249 $12,050 $12,050 $0
2017 $225 $10,888 $0 $0
2016 $231 $10,888 $0 $0
2015 $218 $9,930 $0 $0
2014 $200 $9,027 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Austin Henry

    Seller's Agent in 2024

    Austin Henry

    CENTURY 21 MYERS REALTY LAKE WALES

    (863) 605-3451

    5 in this area

    41 Total Sales

    Austin Henry
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Map

Source: Stellar MLS

MLS Number: P4926511

Stellar MLS

APN: 27-30-11-914000-002160

Florida Polk County Lake Wales 33853

524 S 3rd St, Lake Wales, FL

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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