NOT LISTED FOR SALE

8948 Oakwood Dr Lake Wales, FL 33898

Estimated Value: $394,000 - $428,000

3 Beds
2 Baths
2,144 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $339,000 $158 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,490/month

36 Days on Market

Highlights

  • Waterfront Community
  • Parking available for a boat
  • Boat Ramp
  • Public Boat Ramp
  • Access To Lake
  • Screened Pool

About This Home

As of January 2022

Buyer failed financing - back on the market! Immaculate condition pool home! If you want plenty of room, both inside and out for your family, this home has it all! 1 acre of land, in-ground screened enclosed concrete pool that is Solar Heated, detached workshop/garage also wired for a generator (large enough for your Bass Boat at 25’ deep), plenty of parking making this home a must see! 3 Bedrooms/2 Baths, large dining room, a breakfast nook, large living room and huge family room. Many updates to this home including: New Roof in 2015, New A/C in 2015, Pool re-surfaced including the deck in 2017, Solar Water Heater in 2014 that also works on electric, newly painted inside, new carpet and laminate in 2021. This home is move-in ready for your family or an excellent place to retire and if you love to fish! Walk-in-Water Lake Estates is nestled on the border of the world famous Bass Fishing "Lake Weohyakapka" (Lake Walk-in-Water). The Association’s Park and a Recreation Building are right on the lake with its own Boat Ramp! The HOA is “optional” however required if use of the community amenities is desired. It’s hard to find a great home in this “Hard to find Market”, this is a must See home! Call today!

Last Agent to Sell the Property

Barry Macchione

REMAX EXPERTS License #652327 Listed on: 11/23/2021

Last Buyer's Agent

Lakesha Johnson

REDFIN CORPORATION License #3422736

REDFIN CORPORATION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,435

Year Built

  • Built in 1983

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x290
  • North Facing Home
  • Mature Landscaping
  • Gentle Sloping Lot
  • Well Sprinkler System
  • Property is zoned RC

HOA Fees

  • $14 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Parking available for a boat

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,144 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Inside Utility
  • Walk-Up Access
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Eco-Friendly Details

  • Solar Water Heater

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Deck
  • Pool Sweep

Outdoor Features

  • Access To Lake
  • Boat Ramp
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Spook Hill Elementary School
  • Mclaughlin Middle School
  • Frostproof Middle - Senior High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include recreational facilities
  • Beverly Krenning Association
  • Walk In Water Lake Estates Ph 01 Subdivision

Recreation

  • Public Boat Ramp
  • Boat Ramp
  • Waterfront Community
  • Tennis Courts
  • Recreation Facilities
  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,435

Year Built

Built in 1983

Lot Details

0

HOA Fees

$14 per month

Parking

1

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2144
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 2508
  • Lot Size Sq Ft: 43556
  • Directions to Property: From Lake Wales: State Rd 60 Eastbound, (R) Walk-in-Water Rd, (L) Oakwood Dr to address on right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4918391?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4918391?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Property Description: Walk-Up
  • Ratio: Close Price\List Price: 0.98575
  • Price per Sq Ft: 158.12
  • Close to Original List Price Ratio: 0.98575
  • Ratio: Current Price\Building Area Total: 135.17
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Solar Hot Water Owned, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 8948
  • Room Count: 8
  • Additional Rooms: Attic, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility

Exterior Features

  • Direction Faces: North
  • Other Structures: Workshop
  • Pool Features: Deck, Gunite, Heated, In Ground, Pool Sweep, Screen Enclosure, Solar Heat
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water Access: Lake
  • Water Extras: Boat Ramp - Private
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Garage Door Opener, Workshop in Garage
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sprinkler Well, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Park, Public Boat Ramp, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Private Boat Ramp, Recreation Facilities, Tennis Court(s)
  • Association Fee: 165
  • Association Fee Frequency: Annually
  • Association Name: BEVERLY KRENNING
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Email: 573-619-0527
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 165
  • Monthly HOA Fee: 13.75
  • Total Monthly Fees: 13.75

Schools

  • Elementary School: Spook Hill Elem
  • High School: Frostproof Middle - Senior High
  • Middle Or Junior School: Mclaughlin Middle

Lot Info

  • Zoning: RC
  • Parcel Number: 29-30-20-992830-003070
  • Additional Parcels: No
  • Lot Features: Gentle Sloping, In County
  • Lot Dimensions: 150x290
  • Property Attached Yn: No
  • Flood Zone Code: X,A

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2435
  • Tax Block: C
  • Tax Book Number: 64-11
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Jan 21, 2022
Sold by
Schade Revocable Trust
Bought by
Medina Francisco E Colom
Seller's Agent
Barry Macchione
REMAX EXPERTS
Buyer's Agent
Lakesha Johnson
REDFIN CORPORATION
List Price
$343,900
Sold Price
$339,000
Premium/Discount to List
-$4,900
-1.42%
Current Estimated Value
$405,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,538
Avg. Annual Appreciation
5.33%
Original Mortgage
$271,200
Outstanding Balance
$253,299
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$155,157

Purchase Details

Closed on
Jul 13, 2017
Sold by
Schade Charles and Schade Phyllis
Bought by
Schade Phyllis M and Schade Revocable Trust

Purchase Details

Closed on
Aug 1, 2011
Sold by
Wagner Carol and White Carol
Bought by
Schade Charles and Schade Phyllis

Purchase Details

Closed on
Jul 28, 2004
Sold by
Gregoire Daniel P and Gregoire Paula
Bought by
White Carol

Purchase Details

Closed on
Mar 14, 1995
Sold by
Pain Gertrude E
Bought by
Gregoire Daniel P and Gregoire Paula S

Purchase Details

Closed on
Nov 17, 1994
Sold by
Amer Bk & Tr Polk Cty
Bought by
Pain Gertrude E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.84%
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
Medina Francisco E Colom $339,000 Real Estate Title
Schade Phyllis M -- Attorney
Schade Charles $145,000 Integrity First Title
White Carol $125,000 Real Estate Title Services I
Gregoire Daniel P $64,000 --
Pain Gertrude E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Francisco E Colom $271,200
Previous Owner Gregoire Daniel P $108,000
Previous Owner Pain Gertrude E $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $339,000 -1.4% $158 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/20/2021 12/20/21 For Sale $343,900 0.0% $160 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
11/21/2021 11/21/21 For Sale $343,900 -- $160 / 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
2024 $3,188 $252,001 -- --
2023 $3,188 $244,661 $0 $0
2022 $2,421 $187,011 $0 $0
2021 $2,435 $181,564 $12,000 $169,564
2020 $2,455 $183,336 $11,500 $171,836
2018 $2,556 $148,413 $11,000 $137,413
2017 $2,357 $135,677 $0 $0
2016 $2,245 $127,548 $0 $0
2015 $1,818 $119,952 $0 $0
2014 $1,962 $112,723 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4918391

Stellar MLS

APN: 29-30-20-992830-003070