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$289,000

Beds
3
Baths
2.0
sq ft
1,149

1120 S Scenic Hwy, Lake Wales, FL 33853

1120 S Scenic Hwy

LAKE WALES, FL 33853

  • 17 days on market
Charming Lakefront Home and guest cottage. This 1945 home is located on Lake Belle & boasts beautiful sunsets. The two dwellings are accommodated by a circular driveway & are easily accessible to the front entries. The Primary dwelling offers 2B/1ba, Living Room, Dining Room & Kitchen. All original hardwood flooring. The guest cottage offers a one bedroom efficiency. Property also offers 50amp electrical hook-up, newer roofs & new septic .

Details

Property type

Single Family Residence

Est. home value

$335,299

Lot size

0.82 acres

Price per sq ft

$252

Year built

1945

Annual property taxes

$2,292.46

HOA

No

Price History

02/05/2025
StellarMLS

StellarMLS #K4902796

Listed
$289,000
-17.43%
12/19/2024
StellarMLS

StellarMLS #P4932076

Removed
$350,000
09/18/2024
StellarMLS

StellarMLS #P4932076

Listed
$350,000
+84.31%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$257,873
Asking price
$289,000
Closing costs (~8% of asking)
-$23,120
Est. remaining loan balance
-$8,007
Cash to seller
$257,873

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

June 2023

Original loan amount

$8,192

Est. remaining balance

$8,007

Interest rate

6.39%

Loan type

FHA, 28 year

Seller

Zulma Esther Ayala Aviles

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 02/22/2025 at 6:35 PM

Listing updated: 02/12/2025 at 5:03 PM

Listed by: Wendy Gibbs, WATSON & WATSON INC REALTORS Phone #: (863) 294-4149

MLS: StellarMLS #K4902796

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Recently listed in LAKE WALES