NOT LISTED FOR SALE

7351 Limonia Dr Lake Wales, FL 33898

Estimated Value: $289,047 - $330,000

2 Beds
2.5 Baths
1,894 Sq Ft
$163/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $270,000 $143 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,947/month

26 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Fishing
  • Boat Ramp
  • Access To Lake
  • Community Lake

About This Home

As of August 2023

Welcome to a stunning home situated on a generous one-acre lot in the serene community of Indian Lake Estates. This rural haven offers a picturesque setting where privacy, peace, and natural beauty come together to create a truly enchanting living environment.

One of the standout features of this community is its extremely long fishing pier, providing you with the opportunity to indulge in your passion for fishing while enjoying breathtaking sunsets. Imagine casting your line and immersing yourself in the tranquility of the surroundings as you witness the vibrant colors of the sky reflecting on the water.

Indian Lake Estates offers a range of amenities designed to enhance your lifestyle. From nearby restaurants, churches, and a convenience store to a golf course, a 23,000-square-foot clubhouse, and basketball courts, you'll have plenty of options for recreation and entertainment. Embrace the vibrant community spirit and take advantage of the various activities available, or just rest and relax on your own property.

Upon entering the home, you'll be greeted by an impressive array of features and upgrades. A brand-new water heater, a roof installed in 2019, and an AC system updated in 2018 ensure modern functionality and comfort. The spaciousness of the rooms is accentuated by six walk-in closets, offering ample storage space and organization options.

A large Florida room in the back of the house, and a huge, screened lanai in the front provide additional living areas where you can relax and enjoy the beauty of your surroundings. The two-car garage with storage offers convenience and practicality, while the inside laundry room adds functionality to your daily routine.

The home features two full bathrooms and one-half bathroom, catering to your family's needs and ensuring convenience for both residents and guests. The presence of two enormous master bedroom suites allows for luxurious living arrangements and personal retreats.

Surrounded by woods beside and behind the property, this home offers a sense of privacy and serenity. The beautiful landscaping further enhances the aesthetics of the property, creating a welcoming and tranquil ambiance.

Experience the allure of this beautiful home in Indian Lake Estates, where rural charm and a close-knit community come together to create an extraordinary living experience. Embrace the privacy, peacefulness, and natural beauty that await you in this idyllic setting. Welcome home to a serene and captivating retreat.

You must see this property. You will be amazed at all you get for this price! MAKE AN APPOINTMENT TODAY!!

Last Agent to Sell the Property

Kimberly Gay

COLDWELL BANKER REALTY Brokerage Phone: 863-294-7541 License #3463722 Listed on: 06/16/2023

COLDWELL BANKER REALTY

Last Buyer's Agent

Kevin Eldridge

FUTURE HOME REALTY INC License #3376649

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,719

Year Built

  • Built in 1959

Lot Details

  • 1 Acre Lot
  • West Facing Home
  • Mature Landscaping
  • 2 Lots in the community
  • Additional Parcels

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,894 Sq Ft Home
  • Partially Furnished
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Fishing Pier
  • Water Skiing Allowed
  • Dock made with Composite Material
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Thermostat
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • Tasha Ellis Association, Phone Number (863) 692-1433
  • Indian Lake Estates Unit 8 Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Community Lake

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Marina
  • Golf Course Community
  • Community Basketball Court
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,719

Year Built

Built in 1959

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1894
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 2582
  • Lot Size Sq Ft: 43600
  • Number Of Lots: 2
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Winter Haven
  • Escrow State: FL
  • Escrow Street Name: Cypress Gardens Boulevard
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 142.56
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), High Ceilings, Master Bedroom Main Floor, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Florida Room,Storage Rooms
  • Living Area Meters: 175.96

Exterior Features

  • Direction Faces: West
  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • Water Body Name: LAKE WALK IN WATER
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Lake
  • Water Extras: Dock - Composite,Fishing Pier,Skiing Allowed
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Public, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Boat Ramp, Fishing, Golf Carts OK, Golf, Lake, Park, Restaurant, Water Access
  • Association Amenities: Basketball Court, Clubhouse, Dock, Marina, Park
  • Association Fee: 690.1
  • Association Fee Frequency: Annually
  • Association Name: Tasha Ellis
  • Phone: 8636921433
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: acctinfo@ilefl.com

Fee Information

  • Total Annual Fees: 690.10
  • Total Monthly Fees: 57.51
  • Monthly HOA Amount: 57.51

Lot Info

  • Parcel Number: 30-31-08-994080-027205
  • Additional Parcels: Yes
  • Flood Zone Code: X

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2718.84
  • Tax Book Number: 39/47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2023
Closed on
Aug 24, 2023
Sold by
Cooper Coleman and Cooper Carole A
Bought by
Pressley Eric E and Pressley Marie E
Seller's Agent
Kimberly Gay
COLDWELL BANKER REALTY
Buyer's Agent
Kevin Eldridge
FUTURE HOME REALTY INC
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Views
195
Current Estimated Value
$309,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,262
Avg. Annual Appreciation
6.46%
Original Mortgage
$189,000
Outstanding Balance
$184,483
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$124,779

Purchase Details

Closed on
Dec 21, 2022
Sold by
Gray Larry and Gray Linda
Bought by
Cooper Coleman and Cooper Carole A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2015
Sold by
Richards Ronald R and Richards Patricia A
Bought by
Gray Larry and Gray Linda

Purchase Details

Closed on
Aug 27, 2007
Sold by
Richards Ronald R and Richards Patricia A
Bought by
Richards Ronald R and Richards Patricia A

Purchase Details

Closed on
Apr 15, 1999
Sold by
Pr Angela S Raymont
Bought by
Richards Ronald R and Richards Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pressley Eric E $270,000 Sunbelt Title Agency
Pressley Eric E $270,000 Sunbelt Title Agency
Cooper Coleman $265,000 Real Estate Title
Cooper Coleman $265,000 Real Estate Title
Gray Larry $95,000 Real Estate Title Svcs Inc
Richards Ronald R -- Attorney
Richards Ronald R $31,300 --
Richards Ronald R $31,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pressley Eric E $189,000
Closed Pressley Eric E $189,000
Previous Owner Cooper Coleman $215,000
Previous Owner Richards Ronald R $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2023 08/24/23 Sold $270,000 -3.5% $143 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $279,900 -- $148 / 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 $3,255 $247,195 -- --
2024 $2,802 $240,228 $24,000 $216,228
2023 $2,802 $220,462 $12,000 $208,462
2022 $2,656 $148,136 $0 $0
2021 $2,341 $134,669 $0 $0
2020 $2,192 $129,098 $2,500 $126,598
2018 $1,864 $102,816 $2,500 $100,316
2017 $1,764 $91,980 $0 $0
2016 $1,585 $83,618 $0 $0
2015 $1,375 $90,691 $0 $0
2014 $1,529 $83,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: P4926151

Stellar MLS

APN: 30-31-08-994080-027205