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$219,000

Beds
2
Baths
1.5
sq ft
1,200

5031 Timberlane Rd, Lake Wales, FL 33898

5031 Timberlane Rd

LAKE WALES, FL 33898

  • 42 days on market
    • Price drop $6,000↓
ROOMY 2 BEDROOM 1 1/2 BATH BLOCK HOME NEAR BOAT RAMP TO LAKE PIERCE. KITCHEN HAS LARGE ISLAND WITH SEATING, SEPARATE DINING ROOM, INSIDE LAUNDRY ROOM BEDROOMS ARE GOOD SIZED, RECENT METAL ROOF, 2 SHEDS WITH ELECTRIC, LARGE LOT THAT CAN ACCOMMODATE A 30 FT RV OR BOAT WITH (2) 30 AMP PLUG IN OUTLETS. FULLY FENCED, BACK AND SIDE PATIOS. MASTER HAS AN EXTRA ROOM FOR OFFICE/CRAFT AREA WITH ADDITIONAL OUT SIDE DOOR AND CIRCULAR DRIVE. NO HOA NO RESTRICTIONS. BOAT AND OR RV PARKING IS GOOD.

Details

Property type

Single Family Residence

Est. home value

$216,942

Lot size

0.28 acres

Price per sq ft

$183

Year built

1969

Annual property taxes

$831.24

HOA

No

Price History

01/06/2025
StellarMLS

StellarMLS #P4933035

Price change
$219,000
-2.67%
12/11/2024
StellarMLS

StellarMLS #P4933035

Listed
$225,000
+76.47%
04/20/2006
StellarMLS

StellarMLS #K4583641

Sold
$127,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

First Franklin

Loan start date

April 2006

Original loan amount

$102,000

Est. remaining balance

Not provided

Interest rate

7.62%

Loan type

Fannie Mae/Freddie Mac, 30 year

Seller

Jeffery S Pate and Laura D Pate

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: 01/22/2025 at 9:00 AM

Listing updated: 01/16/2025 at 12:15 PM

Listed by: Rick DePalma, KELLER WILLIAMS REALTY SMART 1 Phone #: (863) 508-3000

MLS: StellarMLS #P4933035

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Recently listed in LAKE WALES