NOT LISTED FOR SALE

777 Lake Mabel Loop Rd Lake Wales, FL 33898

Estimated Value: $538,000 - $997,000

5 Beds
3.5 Baths
4,994 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 29, 2018

Last sale price $325,000 $65 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $4,244/month

229 Days on Market

Highlights

  • Home Theater
  • Deck
  • Traditional Architecture
  • Lake View
  • Living Room with Fireplace
  • Attic

About This Home

As of September 2018

BACK ON THE MARKET!!! Sprawling custom built home on 2.4 acres for UNDER $71 PER SQ/FT!! Whether you have a large family or just looking for ample space, this home is a must see. While the home could use some TLC and updates to your liking, you can appreciate the high-end touches that are present. Drive down your long and private driveway to the roundabout in front of the home, or, pull up to one of 3 parking spaces in the garage which is side facing. A warm and inviting fireplace to greet you as soon as you enter the formal foyer. Beautiful and stately dark wood crown molding and baseboards are present throughout. All the rooms are of large size and the screened in lanai can surely host your large family gathering. With space both inside and outside of the home, the possibilities are endless.

Last Agent to Sell the Property

Kimberley Smith

LPT REALTY, LLC License #3148396 Listed on: 01/05/2018

LPT REALTY, LLC

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 1998

Lot Details

  • 2.4 Acre Lot
  • Oversized Lot
  • Gentle Sloping Lot
  • Property is zoned 0100

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,994 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Decorative Fireplace
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Den
  • Bonus Room
  • Lake Views
  • Fire and Smoke Detector
  • Laundry in unit
  • Attic

Kitchen

  • Cooktop
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

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

Additional Features

  • Pasture
  • Zoned For Horses

Community Details

  • No Home Owners Association
  • Lake Mabel Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,390

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 4994
  • Lot Size Acres: 2.4
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 6861
  • Lot Size Sq Ft: 104579
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2921638&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2921638&cview=true&show_results=true&customer_portal=true
  • 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: 0.92857
  • Price per Sq Ft: 65.08
  • Close to Original List Price Ratio: 0.75581
  • Ratio: Current Price\Building Area Total: 47.37
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative, Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Skylight(s), Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Cooktop, Electric Water Heater, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Room Count: 13
  • Additional Rooms: Attic, Bonus Room, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Great Room, Media Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: French Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Mabel
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0555H

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Cable 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: None
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: 0100
  • Parcel Number: 27-29-11-000000-022170
  • Additional Parcels: No
  • Lot Features: Gentle Sloping, In County, Oversized Lot, Pasture, Zoned for Horses
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3390
  • Tax Book Number: P-81
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2024
Sold by
Watson Diedre T and Watson Kamal L
Bought by
Watson Kamal L
Current Estimated Value
$749,413

Purchase Details

Listed on
Jan 5, 2018
Closed on
Sep 28, 2018
Sold by
Reynolds Helen E and Turner Mark G
Bought by
Watson Diedre and Watson Kamal L
Seller's Agent
Kimberley Smith
LPT REALTY, LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$389,900
Sold Price
$325,000
Premium/Discount to List
-$64,900
-16.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$208,760
Interest Rate
4.5%

Purchase Details

Closed on
Jan 26, 2000
Sold by
Reynolds Albert and Reynolds Helen E
Bought by
Reynolds Albert

Purchase Details

Closed on
Sep 30, 1996
Sold by
Gene Thompson Tr
Bought by
Reynolds Albert and Reynolds Helen E
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
Watson Kamal L $100 None Listed On Document
Watson Diedre $325,000 Attorney
Watson Diedre -- Attorney
Reynolds Albert -- --
Reynolds Albert $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Diedre $208,760
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2018 09/29/18 Sold $325,000 -7.1% $65 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/04/2018 08/04/18 Price Changed $350,000 -10.2% $70 / Sq Ft
08/04/2018 08/04/18 For Sale $389,900 0.0% $78 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
05/01/2018 05/01/18 Price Changed $389,900 -2.5% $78 / Sq Ft
02/26/2018 02/26/18 Price Changed $399,900 -7.0% $80 / Sq Ft
01/05/2018 01/05/18 For Sale $430,000 -- $86 / 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 $3,864 $298,973 -- --
2024 $3,654 $290,547 -- --
2023 $3,654 $282,084 $0 $0
2022 $3,157 $243,829 $0 $0
2021 $3,181 $236,727 $0 $0
2020 $3,138 $233,459 $0 $0
2018 $3,457 $250,909 $0 $0
2017 $3,370 $245,748 $0 $0
2016 $3,330 $240,693 $0 $0
2015 $3,035 $239,020 $0 $0
2014 $3,200 $237,123 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T2921638

Stellar MLS

APN: 27-29-11-000000-022170