NOT LISTED FOR SALE

725 N Lakeshore Blvd Lake Wales, FL 33853

Estimated Value: $589,000 - $925,920

4 Beds
4 Baths
4,415 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $265,000 $60 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,205/month

746 Days on Market

Highlights

  • Oak Trees
  • Heated Indoor Pool
  • Deck
  • Bartow Senior High School Rated A-
  • 2.21 Acre Lot
  • 4-minute walk to Larry Linton Sports Complex

About This Home

As of October 2016

Amazing is this estate property located in historical Lake Wales overlooking Lake Wales. This custom brick home has one prominent dwelling of 4 bedroom, 4 bath, screened heated pool plus billiard room, abundance of storage, all situated on two acres. In addition, there is a 2 bedroom, 1 bath, living room, dining room, kitchen home, screened lanai nestled in the woods with a separate entrance - one of a kind value! Home Warranty a bonus!

Last Agent to Sell the Property

Renee Butler

BROKERS REALTY OF CENTRAL FLOR License #316015 Listed on: 05/28/2014

Last Buyer's Agent

Chris Gravel

WESTLAKE REAL ESTATE CO., INC. License #3032256

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 2.21 Acre Lot
  • Lot Dimensions are 250.0x385.0
  • Mature Landscaping
  • Irrigation
  • Oak Trees

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,415 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Bonus Room
  • Attic Ventilator

Kitchen

  • Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Screened Pool
  • Fence Around Pool
  • Pool Sweep

Outdoor Features

  • Deck
  • Screened Patio
  • Breezeway
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Lake Wales Land Co Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Brick, Wood Frame
  • Fireplace: Yes
  • Living Area: 4415
  • Lot Size Acres: 2.21
  • New Construction: No
  • Year Built: 1984
  • Lot Size Sq Ft: 96250
  • Directions to Property: North on Scenic Hwy, Right on Central Avenue, Left on Lakeshore Blvd go just past 7th St house on left with circular drive with brick columns w/lion statues.
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1036804
  • RATIO Current Price By Calculate: 60.02
  • Total Acreage: Two + to Five Acres
  • Water Access YN: 0
  • Tax Year: 2015
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Other, Wood
  • Full Bathrooms: 4
  • Interior Amenities: Attic Ventilator, Ceiling Fans(s), Central Vaccum
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Range, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 725
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breezeway,Den/Library/Office,Formal Dining Room Separate,Foyer
  • Room Count: 11

Exterior Features

  • Pool Features: Heated, Indoor, Pool Sweep, Screen Enclosure
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Home Warranty: Yes
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener

Utilities

  • Utilities: Other
  • Cooling: Central Air, Zoned
  • Heating: Central

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: 0
  • Parcel Number: 27-30-01-892000-000040
  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Dimensions: 250.0X385.0
  • Homestead YN: 0
  • Future Land Use: 0035

Tax Info

  • Tax Annual Amount: 8340
  • Tax Book Number: 0004/0063

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Oct 1, 2016
Sold by
Marsh David B and Marmon Bonnie
Bought by
Mckeon Thomas D and Mckeon Candice D
Seller's Agent
Renee Butler
BROKERS REALTY OF CENTRAL FLOR
Buyer's Agent
Chris Gravel
WESTLAKE REAL ESTATE CO., INC.
List Price
$370,000
Sold Price
$265,000
Premium/Discount to List
-$105,000
-28.38%
Current Estimated Value
$715,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,730
Avg. Annual Appreciation
11.84%
Original Mortgage
$212,000
Interest Rate
3.5%

Purchase Details

Closed on
Jun 16, 2010
Sold by
Bennett Carla Renee and Marsh David L
Bought by
Marsh David E and Marsh Tim
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
Mckeon Thomas D $265,000 Ridge Security Title Inc
Marsh David E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckeon Thomas D $1,000,000
Closed Mckeon Thomas D $212,000
Previous Owner Marsh David L $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2017 01/23/17 Off Market $265,000 -- --
10/21/2016 10/21/16 Sold $265,000 -1.9% $60 / Sq Ft
06/13/2016 06/13/16 Pending -- -- --
05/25/2016 05/25/16 Price Changed $270,000 -6.9% $61 / Sq Ft
10/13/2015 10/13/15 Price Changed $290,000 -6.5% $66 / Sq Ft
02/11/2015 02/11/15 Price Changed $310,000 +12.7% $70 / Sq Ft
02/03/2015 02/03/15 Price Changed $275,000 -15.4% $62 / Sq Ft
01/16/2015 01/16/15 Price Changed $325,000 -1.5% $74 / Sq Ft
09/08/2014 09/08/14 Price Changed $330,000 -10.8% $75 / Sq Ft
05/28/2014 05/28/14 For Sale $370,000 -- $84 / 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 $4,016 $252,072 -- --
2024 $3,929 $244,968 -- --
2023 $3,929 $237,833 $0 $0
2022 $3,685 $230,906 $0 $0
2021 $3,732 $224,181 $0 $0
2020 $3,699 $221,086 $0 $0
2018 $3,665 $212,085 $0 $0
2017 $3,566 $207,723 $0 $0
2016 $7,988 $421,989 $0 $0
2015 $8,340 $385,331 $0 $0
2014 $8,301 $377,606 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4630881

Stellar MLS

APN: 27-30-01-892000-000040