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$650,000

Beds
3
Baths
3.0
sq ft
3,075

1121 Sunset Dr, Lake Wales, FL 33853

1121 Sunset Dr

LAKE WALES, FL 33853

  • 16 days on market
LAKE WAILES MEDITERRANEAN BEAUTY! Situated on the shore of Lake Wailes, this mid-century Mediterranean offers 3 BD/ 3 BA infused with many splendid Italian influences throughout its 3,075 SF of living area and situated on a .69-acre lot. An imposing ornate fireplace adds grandeur to the formal living room accented with columns and opening into the window framed Florida room. This home is perfect for entertaining with its open floor plan, impressive kitchen with pass-thru to buffet & wet bar, a covered patio and a columned pergola that commands the lake view. Extensively remodeled in the late ‘90s with new kitchen, tile flooring, wonderful mill works, crown molding and built-ins; the master suite has custom walk-in closet, dual sinks, tile shower stall and custom soaker tub. The kitchen provides an eating area, island w/prep-sink, custom chestnut oak cabinets and granite counters; dual built-in ovens, 2 refrigerators, a 6-burner gas cook-top w/stainless exhaust fan, ice maker and a warming drawer, all helping to make entertaining a breeze. Transition to the breathtaking terraced backyard through a loggia, then down a brick path among the lush tropical plantings, crossing a brick lined fish pond stepping into the vine covered pergola to enjoy every sunset. Additionally, the property has a well for irrigation, and an 8’x8’ workshop in the garage. This amazing home is a short distance to the paved and lighted path around Lake Wailes, to sports fields, parks, shopping and medical facilities. Conveniently located in central Florida and a short distance to Tampa and Orlando. Call to schedule your private viewing.

Details

Property type

Single Family Residence

Est. home value

$546,098

Lot size

0.69 acres

Price per sq ft

$212

Year built

1952

Annual property taxes

$8,036.26

HOA

No

Price History

02/06/2025
StellarMLS

StellarMLS #P4933557

Listed
$650,000
+63.52%
11/20/2020
StellarMLS

StellarMLS #K4900942

Sold
$397,500
+10.42%
09/26/2017
StellarMLS

StellarMLS #K4701636

Sold
$360,000

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

$244,522
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$353,478
Cash to seller
$244,522

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

November 2020

Original loan amount

$397,500

Est. remaining balance

$353,478

Interest rate

2.88%

Loan type

New Conventional, 27 year

Seller

Sasha Winderbaum

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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236 Washington Ave, Lake Wales, FL 33853

Status: Active

Tomo last checked: 02/22/2025 at 6:25 PM

Listing updated: 02/07/2025 at 6:51 AM

Listed by: Erin Floyd, COLDWELL BANKER REALTY Phone #: (863) 294-7541

MLS: StellarMLS #P4933557

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Recently listed in LAKE WALES