NOT LISTED FOR SALE

5325 Timberlane Rd Lake Wales, FL 33898

Estimated Value: $238,000 - $267,000

2 Beds
2 Baths
1,428 Sq Ft
$179/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $250,000 $175 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,606/month

48 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • Solid Surface Countertops
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of June 2024

Buyer cancelled due to financial issues.
Looking for that PERFECT FLORIDA home? Need a place to unplug? Want a welcoming community? Then WELCOME to 5325 Timberlane Rd, Lake Wales, FL 33898. A home where tranquility awaits. Nestled in the beautiful community of Timberlane Shores this home has it all.
The boat ramp to the world famous "Lake Pierce" is just a block away. A lake where you will find some of the best bass fishing in the country.
This meticulously maintained home features a whole home Generac Generator that was purchased in 2021. The metal roof was installed in 2023 allotting you the freedom of a costly roof replacement for many years to come.
After a long day unwind on the expansive screened back patio. Here you can relax while enjoying the lush the landscape provides the perfect playhouse for many creatures. On any given day you can enjoy a plethora of wildlife. Not uncommon to see a variety of birds like cardinals, blue jays, hummingbirds and maybe even an owl. Butterflies have also been known to flutter about on those quiet mornings.
The updated kitchen offers solid surface countertops and elegant real wood cabinets that combine style with functionality.
The home is currently hooked up to the county water system but offers the ability to use a shared Artesian well. There is also a shallow well for irrigation.
Don't miss the opportunity to be part of this small and friendly community where neighbors look out for each other.
The HOA is optional but well worth the small amount each year. Enjoy gatherings or host a special event at the spacious club house which features a kitchen for convenience.
This Timberlane community offers beautiful walking paths that pass 3 small ponds. A place to slow down and enjoy the beautiful things that nature has to offer.

Last Agent to Sell the Property

Lamanda Jones

CENTURY 21 WATSON & MYERS REALTY Brokerage Phone: 863-324-1000 License #3076345 Listed on: 04/03/2024

CENTURY 21 WATSON & MYERS REALTY

Last Buyer's Agent

Julie Seay

COLDWELL BANKER REALTY License #511625

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1966

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 120x125
  • East Facing Home
  • Irrigation

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank
  • Private Sewer

Community Details

  • Timberlane Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,096

Year Built

Built in 1966

Lot Details

0

HOA Fees

$17 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1428
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 2076
  • Lot Size Sq Ft: 15002
  • Directions to Property: From Masterpiece Rd, turn onto Timberlane Rd. Approx 1.5 miles the home will be on your left. From Canal Rd head south on Timberlane, home will be on your right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1039268
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 175.07
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 863-324-1000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5325
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 132.67
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Other
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Private, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: None

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 200.00
  • Total Monthly Fees: 16.67
  • Monthly HOA Amount: 16.67

Lot Info

  • Zoning: R-1
  • Parcel Number: 28-29-08-936680-001728
  • Additional Parcels: No
  • Lot Dimensions: 120x125
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 1394

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3095.77
  • Tax Book Number: 42-6
  • Tax Lot: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jun 18, 2024
Sold by
Giffin Melissa Renee
Bought by
Perry Brystal A
Seller's Agent
Lamanda Jones
CENTURY 21 WATSON & MYERS REALTY
Buyer's Agent
Julie Seay
COLDWELL BANKER REALTY
List Price
$269,750
Sold Price
$250,000
Premium/Discount to List
-$19,750
-7.32%
Views
30
Current Estimated Value
$255,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,558
Avg. Annual Appreciation
1.64%
Original Mortgage
$127,000
Outstanding Balance
$125,379
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$130,179
Source: Public Records

Range of Values:

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Average Value
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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
Perry Brystal A $250,000 Integrity First Title
Perry Brystal A $250,000 Integrity First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perry Brystal A $127,000
Closed Perry Brystal A $127,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $250,000 -7.3% $175 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $269,750 0.0% $189 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $269,750 -- $189 / 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 $2,990 $180,708 $11,252 $169,456
2024 $3,096 $181,460 $11,252 $170,208
2023 $3,096 $198,278 $11,252 $187,026
2022 $916 $72,676 $0 $0
2021 $928 $70,559 $0 $0
2020 $905 $69,585 $0 $0
2018 $860 $66,753 $0 $0
2017 $853 $65,380 $0 $0
2016 $814 $64,035 $0 $0
2015 $476 $63,590 $0 $0
2014 $764 $63,085 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4929896

Stellar MLS

APN: 28-29-08-936680-001728