tomo logo

$599,000

Beds
4
Baths
3.0
sq ft
2,257

1702 Parks Lake Rd, Lake Wales, FL 33898

1702 Parks Lake Rd

LAKE WALES, FL 33898

  • 91 days on market
    • Price drop $21,000↓
SELLER WILL HELP BUY DOWN INTEREST RATE WITH REASONABLE OFFER! FISHERMAN’S PARADISE~RURAL SETTING on PARKS LAKE in Beautiful Central Florida— The property includes a custom-built 4 BD/ 3 BA home on 1.13 acres of lakefront living! Professionally designed landscaping with mature trees, tropical palms and decorative shrubs give a warm welcome on your arrival. Custom designed for entertaining and comfortable living, this 2,257 Sq. Ft. home offers amazing lake views, open design, triple-split bedrooms and waterproof, luxury vinyl flooring. The foyer links to the formal dining room and to the spacious living room that gives a sweeping view and access to the lakefront amenities. A lengthy breakfast bar anchors the living room to the amazing kitchen that showcases custom wood cabinetry, gorgeous granite counters and decorative tile backsplash. Completing the kitchen is a walk-in pantry, stainless steel appliances and additional storage in hallway to the utility room and garage. The master en suite has lakeview, walk-in closets, bathroom with his & her vanities, tub w/shower and a water closet. Adjacent to this primary suite is an office or bonus room; it is also ideal for use as a nursery. The triple-split plan affords 2 bedrooms, a full-bath to share, and a guest room with its own bathroom and private entry at the lakefront porch. Enjoy sunsets or morning coffee on the covered 22x17 porch, enjoy lake days on the white sandy beach or boating/fishing/skiing on Parks Lake, a 102 acre lake that has sand bottom and is spring-fed. Clean your catch-of-the-day at the dock’s end storage build. Inviting paved walkways lead from the house to the lake and there is an outdoor hot/cold water shower handy after a swim or doing yard work. Nestled among citrus groves this rural property also includes a double detached carport for an RV/Boat/Rec. Vehicles, its own Communications Tower and the included parcels have attractive rail fencing. SR-60 and US-27 are easily accessible and it’s just a short distance to town for shopping & daily needs, plus just an hour away from Orlando International Airport and Central Florida's theme parks. CALL TODAY for a private tour of this Amazing Home, Peaceful and Stunning Surroundings!

Details

Property type

Single Family Residence

Est. home value

$190,681

Lot size

1.13 acres

Price per sq ft

$266

Year built

2002

Annual property taxes

$2,655.61

HOA

No

Price History

09/19/2024
StellarMLS

StellarMLS #P4931077

Price change
$599,000
-3.39%
07/29/2024
StellarMLS

StellarMLS #P4931077

Price change
$620,000
-4.62%
07/07/2024
StellarMLS

StellarMLS #P4931077

Listed
$650,000
-13.33%

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

$308,343
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$242,737
Cash to seller
$308,343

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

December 2020

Original loan amount

$284,700

Est. remaining balance

$242,737

Interest rate

2.81%

Loan type

New Conventional, 20 year

Seller

Ashley M Croley and Daniel Croley Jr

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: 10/05/2024 at 9:40 PM

Listing updated: 09/25/2024 at 1:52 PM

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

MLS: StellarMLS #P4931077

StellarMLS logo

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