NOT LISTED FOR SALE

6476 Palmetto Dr Lake Wales, FL 33853

Estimated Value: $388,000 - $432,000

3 Beds
3 Baths
2,308 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $390,000 $169 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,692/month

6 Days on Market

Highlights

  • 145 Feet of Fresh Water Canal Waterfront
  • Access To Lake
  • In Ground Pool
  • Golf Course Community
  • Fitness Center
  • Fishing

About This Home

As of September 2022

CUSTOM BUILT CANAL-FRONT POOL HOME with stunning lakeside views in the serene and peaceful Indian Lake Estates community. This home offers lots of living space with 3 BR/ 3 BA, and a floor plan designed so the main living areas of the home open to the covered/screened lanai allowing you to enjoy both a canal and lakefront view from almost every room in the house. The living room and dining room have a cathedral ceiling with plenty of windows to allow natural light to filter into the home and provides a light and open living space. The kitchen and breakfast nook include a skylight for additional brightness. The sliding glass doors in the master bedroom suite open to the sparkling pool and a spiral staircase that leads you to the rooftop’s observation deck – another place to take advantage of the amazing lake views. The en-suite master bathroom has dual sinks, walk-in shower, and a walk-in bathtub. This home boasts a 13’ x 30’ In-law suite complete with kitchenette, cozy living space, bedroom and en suite bathroom with jetted tub plus a walk-in shower. With a 1/2-acre lot, the back yard and oversized screened pool cage, provide your own private retreat, and make this the perfect place to host your next family get together or holiday celebration. Step out on the patio and enjoy the fresh breeze off the lake and the most breathtaking, year round sunsets. This home is located just steps from Indian Lake Estates’ 1000 foot long fishing pier and boat launch. Indian Lake Estates amenities include an 18 hole golf course, tennis courts, shuffle board courts, basketball courts & a 23,000 SF clubhouse restaurant, churches & much more. If you enjoy nature, you will enjoy viewing deer, turkey and sandhill cranes along with the natural beauty & tranquility of this area. Whether you are looking for a year-round or weekend retreat, this is a place where you can make those dreams come true; where you can rest, relax, rejuvenate & FISH! Call to schedule your appointment today.

Last Agent to Sell the Property

Cheryl Bossarte

POLK REAL ESTATE LLC License #342998 Listed on: 07/16/2022

Last Buyer's Agent

Shawn Swango

COLDWELL BANKER REALTY License #3437052

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,861

Year Built

  • Built in 1990

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 145x150
  • 145 Feet of Fresh Water Canal Waterfront
  • Street terminates at a dead end
  • East Facing Home
  • Mature Landscaping
  • Private Lot
  • Corner Lot
  • Level Lot
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned PUD

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Canal

Home Design

  • Custom Home
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 2,308 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Dinette
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Sinks
  • Walk-In Tub
  • Shower Only
  • Garden Bath
  • Linen Closet In Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Pest Guard System

Pool

  • In Ground Pool
  • Gunite Pool
  • Chlorine Free
  • Pool Tile

Outdoor Features

  • Access To Lake
  • Access to Freshwater Canal
  • Seawall
  • Screened Patio
  • Rear Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Indian Lake Estates / Althea Torkildson Association, Phone Number (863) 692-1433
  • Indian Lake Estates Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,861

Year Built

Built in 1990

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 2308
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 3336
  • Lot Size Sq Ft: 21750
  • Number Of Lots: 1
  • Directions to Property: From US Hwy 27 & SR 60 travel East on SR 60 approximately 25 miles. Turn R on DeLand. Turn R on Park Ave. Turn L on Palmetto Dr. Home is on the corner on the right hand side.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow City: Lake Wales
  • Escrow Postal Code: 33853
  • Escrow State: FL
  • Escrow Street Name: E Stuart Avenue
  • Escrow Street Number: 120
  • List Office Head Office Key Nume: 502835350
  • RATIO Current Price By Calculate: 168.98
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 1
  • Property Description: Corner Unit
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Pest Guard System, Skylight(s), Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Window Treatments
  • Street Number Modifier: 6476
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Interior In-Law Suite
  • Living Area Meters: 214.42
  • Room Count: 12

Exterior Features

  • Direction Faces: East
  • Pool Features: Chlorine Free, Gunite, In Ground, Tile
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: WALK-IN-WATER
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Rear Porch, Screened
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Canal - Freshwater,Lake
  • Water Extras: Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal,Lake
  • Water View YN: 1
  • Waterfront Feet Total: 145
  • Flood Zone Date: 2012-09-28
  • Flood Zone Panel: 12026112105C0760G
  • Water Frontage Feet Canal Fresh: 145

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Ground Level

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fishing, Fitness Center, Gated, Golf Carts OK, No Truck/RV/Motorcycle Parking, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Fitness Center, Gated, Golf Course, Tennis Court(s)
  • Association Fee: 345.05
  • Association Fee Frequency: Annually
  • Association Name: Indian Lake Estates / Althea Torkildson
  • Phone: 863-692-1433
  • Association: Yes
  • Security: Security System Owned
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 345.05
  • Total Monthly Fees: 28.75
  • Monthly HOA Amount: 28.75

Lot Info

  • Zoning: PUD
  • Parcel Number: 29-31-01-994070-026416
  • Additional Parcels: No
  • Lot Features: Cleared, Corner Lot, In County, Level, Street Dead-End, Paved, Private
  • Lot Dimensions: 145x150
  • Property Attached Yn: No
  • Flood Zone Code: X/AE
  • Homestead YN: 1
  • Lot Size Square Meters: 2021
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1861
  • Tax Block: 264
  • Tax Book Number: 2763/0050
  • Tax Lot: 16

Multi Family

  • Waterfront Features: Canal - Freshwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Sep 7, 2022
Sold by
Daniel Murray
Bought by
Miller Kevin James and Miller Jennifer Kennedy
Seller's Agent
Cheryl Bossarte
POLK REAL ESTATE LLC
Buyer's Agent
Shawn Swango
COLDWELL BANKER REALTY
List Price
$390,000
Sold Price
$390,000
Current Estimated Value
$418,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,666
Avg. Annual Appreciation
2.07%
Original Mortgage
$331,500
Outstanding Balance
$319,014
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$95,092
Source: Public Records

Range of Values:

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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
Miller Kevin James $390,000 Real Estate Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Kevin James $331,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $390,000 0.0% $169 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/16/2022 07/16/22 For Sale $390,000 -- $169 / 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
2023 $4,437 $301,290 $40,000 $261,290
2022 $1,854 $145,996 $0 $0
2021 $1,861 $141,744 $0 $0
2020 $1,825 $139,787 $0 $0
2019 $1,797 $136,644 $0 $0
2018 $1,754 $134,096 $0 $0
2017 $1,713 $131,338 $0 $0
2016 $1,674 $128,637 $0 $0
2015 $1,350 $127,743 $0 $0
2014 $1,594 $126,729 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4921853

Stellar MLS

APN: 29-31-01-994070-026416