NOT LISTED FOR SALE

5320 Fairmont Rd Lake Wales, FL 33898

Estimated Value: $346,000 - $485,000

2 Beds
1.5 Baths
2,612 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $198,500 $76 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,165/month

139 Days on Market

Highlights

  • Public Boat Ramp
  • Horses Allowed in Community
  • Cathedral Ceiling
  • Access To Lake
  • Fishing
  • No HOA

About This Home

As of December 2019

Peaceful and serene, this house is in a rural setting, just a mile from the public boat ramp to Lake Pierce. The focal point of the home is the kitchen, with tons of cabinets, a massive amount of counter space, two windows that allow natural light to stream in, complete with matching appliances. There's even a place for bar stools on the opposite side of the counter overlooking the living room. Upstairs you'll find the master bedroom has a stunning vaulted ceiling, and the bathroom has a jetted tub, dual sinks and dual shower heads in the large shower stall. A bonus room is adjacent to the two-car garage and could be used as a third bedroom. If you enjoy working on cars, or other projects, you'll love the huge workshop in the back yard, which has an electric garage door so you can drive right in. Zoned for horses, there's plenty of room for them to roam on this 2.16 acre fully fenced property. There's an extra septic, power pole and water supply in the back section that can accommodate an RV if you have friends that want to camp out while visiting. With no HOA and so much to offer, this house is truly a must-see, so schedule your private showing today!

Last Agent to Sell the Property

Kris Bender

BENDER REALTY, LLC License #3206540 Listed on: 06/04/2019

Last Buyer's Agent

Kris Bender

BENDER REALTY, LLC License #3206540 Listed on: 06/04/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $627

Year Built

  • Built in 1985

Lot Details

  • 2.16 Acre Lot
  • West Facing Home
  • Fenced
  • Irrigation

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,612 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer

Outdoor Features

  • Access To Lake
  • Patio
  • Exterior Lighting
  • Separate Outdoor Workshop

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Fairmont Sub Subdivision

Recreation

  • Public Boat Ramp
  • Fishing
  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$627

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 2612
  • Lot Size Acres: 2.16
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 94268
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4908575?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4908575?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.9925
  • Price per Sq Ft: 76
  • Close to Original List Price Ratio: 0.794
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Workshop
  • Exterior Features: Fenced, Irrigation System, Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Lake Pierce
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Water Access: Lake
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0560H
  • Additional Water Information: Public boat ramp approx. one mile from house.

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Horses Allowed, Public Boat Ramp
  • Association: No
  • Senior Community: No

Lot Info

  • Parcel Number: 28-29-07-936660-000080
  • Additional Parcels: No
  • Lot Features: In County, Zoned for Horses
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 627
  • Tax Book Number: 70-34
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Dec 27, 2019
Sold by
Durbin Dennis Ray and Durbin Toni Lynn
Bought by
Bryant Dana Andrew and Bryant Micki Joan
Seller's Agent
Kris Bender
BENDER REALTY, LLC
Buyer's Agent
Kris Bender
BENDER REALTY, LLC
List Price
$250,000
Sold Price
$198,500
Premium/Discount to List
-$51,500
-20.6%
Current Estimated Value
$391,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,771
Avg. Annual Appreciation
12.32%
Original Mortgage
$194,904
Outstanding Balance
$173,092
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$218,179
Source: Public Records

Range of Values:

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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
Bryant Dana Andrew $198,500 Oak Harbor Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryant Dana Andrew $194,904
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $198,500 -0.8% $76 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $200,000 -9.1% $77 / Sq Ft
09/10/2019 09/10/19 Price Changed $220,000 -8.3% $84 / Sq Ft
08/28/2019 08/28/19 Price Changed $240,000 -4.0% $92 / Sq Ft
06/04/2019 06/04/19 For Sale $250,000 -- $96 / 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 $1,407 $102,375 -- --
2024 $1,236 $99,490 -- --
2023 $1,236 $96,592 $0 $0
2022 $1,178 $93,779 $0 $0
2021 $1,176 $91,048 $0 $0
2020 $2,787 $167,972 $28,210 $139,762
2018 $627 $41,258 $0 $0
2017 $614 $40,409 $0 $0
2016 $573 $39,578 $0 $0
2015 $228 $40,038 $0 $0
2014 $133 $39,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kris Bender

    Seller's Agent in 2019

    Kris Bender

    BENDER REALTY, LLC

    (863) 521-9421

    156 Total Sales

    Kris Bender
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Map

Source: Stellar MLS

MLS Number: L4908575

Stellar MLS

APN: 28-29-07-936660-000080

Florida Polk County Lake Wales 33898

5320 Fairmont Rd, 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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