tomo logo

$434,900

Beds
3
Baths
2.0
sq ft
1,720

4805 Oak Acres Dr, Lake Wales, FL 33898

4805 Oak Acres Dr

LAKE WALES, FL 33898

  • 147 days on market
    • Price drop $10,000↓
EXPERIENCE TRUE LAKE LIVING EVERY DAY Step into immediate lakefront living with this unique opportunity to own home on the canal with lake access complete with your very own PONTOON PARTY BOAT—perfect for fully embracing the laid-back Florida lake lifestyle. Imagine waking up to breathtaking views of Lake Pierce every day! Crushing or fishing, or simply relaxing on your boat. Enjoy Entertaining?! This house has large pool and Cabana to serve your beverages and food for the perfect Pool Party. Love fishing? Just step into your backyard and cast a line from your personal canal-front property, where cool lake breezes and some of the best bass fishing in Central Florida await you. When you’re ready for a bite, navigate over to the beloved local favorite Cherry Pocket Restaurant for a memorable meal by the water. The open-concept layout is ideal for entertaining family and friends, whether it’s for a weekend getaway or a daily STAY-CATIONS Tucked away in a quiet cul-de-sac, this prime location offers peace, privacy, and tranquility, while still providing easy access to restaurants, shopping, theme parks, local fairs, and festivals. Conveniently located between Orlando and Tampa, this property offers the perfect balance of peaceful lake living with proximity to urban amenities and easy commutes. BONUS! PRICE ADJUSTMENT! NO HOA – NO CDD! Your Own Move-In Ready FLORIDA WATERFRONT PARADISE! Don’t miss this rare opportunity to own a slice of Florida’s waterfront paradise—schedule your viewing today! You won't want to miss this updated lovely home located on a clear canal off of Lake Pierce which is 3856 acres and has of some of the best bass fishing in central Florida. You can navigate your included, YES ITS INCLUDED, Sweetwater pontoon boat to Cherry Pocket restaurant; a locals favorite! Rural area on a quiet dead end street. Easy access to Hwy 27, Interstate 4 and Lake Kissimmee State Park. Newly staged and looks better than ever!

Details

Property type

Single Family Residence

Est. home value

$318,321

Lot size

0.25 acres

Price per sq ft

$253

Year built

1980

Annual property taxes

$3,949.23

HOA

No

Price History

10/01/2024
StellarMLS

StellarMLS #B4901598

Price change
$434,900
-2.25%
08/11/2024
StellarMLS

StellarMLS #B4901598

Price change
$444,900
-0.91%
06/14/2024
StellarMLS

StellarMLS #B4901598

Listed
$449,000
+82.52%

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

$120,757
Asking price
$434,900
Closing costs (~8% of asking)
-$34,792
Est. remaining loan balance
-$279,351
Cash to seller
$120,757

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

Seller’s Loan History

Lender

Clearedge Lending Llc

Loan start date

August 2023

Original loan amount

$283,200

Est. remaining balance

$279,351

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Willie Santiago and Martha De Santiago

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: 11/08/2024 at 3:45 PM

Listing updated: 10/02/2024 at 2:56 PM

Listed by: Scott Kline, KLINE REAL ESTATE SERVICES Phone #: (863) 287-0204

MLS: StellarMLS #B4901598

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Recently listed in LAKE WALES