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Sold for $562,500
    • $562,500

    5020 LAKE PIERCE DR, LAKE WALES, FL 33898

    4beds
    2,828sqft
    Single Family Residence
    Built in 1988
    0.46 Acres Lot
    $557,000 Zestimate®
    $199/sqft
    $2,362 Estimated rent

    Home value

    $557,000

    $518,000 - $596,000

    $2,362/mo

    Zestimate® history
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    What's special

    Island with sinkGranite countertopsHigh ceilingsExcellent storage closetsCoffee barBoat dock with liftHickory wood plank floors
    LAKE PIERCE LAKEFRONT! It's the lake life at it's best. Step into this lovely 4 bedroom 2 1/2 bath home with the quality upgrades you are looking to find. The bright and beautiful kitchen was completely updated in the last 5 years, and offers granite countertops, soft close cabinets, built-in double ovens, coffee bar, custom cabinets for spices, sliver ware, utensils, double trash cans, and island with sink. The open living room offers high ceilings, and generous glassed views to the lake. Inside you have Hickory wood plank floors flowing through the main rooms, and hallways. The 4th bedroom/flex space can be a lovely 2nd Master bedroom, den, or media room with built in shelving, electric brick faced fireplace, and a lovely lake view. You'll find excellent storage closets throughout, and built in shelving in all the right places. Enjoy relaxing outside in the fully screened patio which runs 72 foot across the entire back of the home, with sliding doors from each adjacent room. This nearly 1/2 acre tree shaded lot nestles next the the lake offering a fenced back yard, and boat dock with lift. Enjoy an abundance of waterfowl, and other lake wildlife. Lake Pierce is over 3700 acres of fun, fishing, and the bounty of mother nature. Other updates include the Roof in 2022, AC in 2020. Sliding doors, and most windows replaced 2022. Call today for your private tour of this exceptional property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marti Sutton 863-206-0563,

    CENTURY 21 WATSON & MYERS REALTY 863-324-1000

    Bought with:

    Heidi Gravel, 427175

    WESTLAKE REAL ESTATE CO., INC.

    Source: Stellar MLS,MLS#: P4932422MLS LogoOriginating MLS: East Polk

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Utility Room
    Other
    • Description: Room8
    • Features: Ceiling Fan(s), Walk-In Closet(s)
    • Level: First
    • Dimensions: 18x17
    Primary bedroom
    • Description: Room5
    • Features: Ceiling Fan(s), Walk-In Closet(s)
    • Level: First
    • Dimensions: 16x16
    Bedroom 2
    • Description: Room6
    • Features: Ceiling Fan(s), Storage Closet
    • Level: First
    • Dimensions: 12x11
    Bedroom 3
    • Description: Room7
    • Features: Ceiling Fan(s), Storage Closet
    • Level: First
    • Dimensions: 12x12
    Balcony porch lanai
    • Description: Room9
    • Level: First
    • Dimensions: 72x11
    Dinette
    • Description: Room4
    • Level: First
    • Dimensions: 10x11
    Dining room
    • Description: Room2
    • Level: First
    • Dimensions: 13x16
    Kitchen
    • Description: Room3
    • Features: Granite Counters, Kitchen Island, Wet Bar
    • Level: First
    • Dimensions: 13x17
    Living room
    • Description: Room1
    • Level: First
    • Dimensions: 19x15
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range Hood, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Built-in Features, Ceiling Fan(s), Crown Molding, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Luxury Vinyl, Tile, Hardwood
    • Doors: Sliding Doors
    • Windows: Double Pane Windows, Window Treatments
    • Has fireplace: Yes
    • Fireplace features: Electric, Other Room
    Interior area
    • Total structure area: 4,010
    • Total interior livable area: 2,828 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener
    • Attached garage spaces: 2
    • Details: Garage Dimensions: 21x23
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Rear Porch, Screened
    • Exterior features: Irrigation System
    • Fencing: Chain Link,Fenced
    • Has view: Yes
    • View description: Water, Lake
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Lake Privileges, Lift, Lift - Covered, Sailboat Water, Skiing Allowed
    • Body of water: PIERCE
    Lot
    • Size: 0.46 Acres
    • Dimensions: 95 x 189 x 122 x 197
    • Features: In County, Level, Above Flood Plain
    • Residential vegetation: Mature Landscaping, Oak Trees
    Details
    • Parcel number: 282908936690000240
    • Zoning: SFR
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Completed
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Water Connected

    Community & HOA

    Community
    • Features: Deed Restrictions
    • Security: Security System, Security System Owned
    • Pet fee: $0 monthly
    • Subdivision: TIMBERLAKE SUB
    HOA
    • Has HOA: Yes
    • Services included: Private Road
    • HOA fee: $17 monthly
    • HOA name: Mr. Sandy Shields
    • HOA phone: 863-287-5000
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $199/sqft
    • Tax assessed value: $431,893
    • Annual tax amount: $3,080
    • Date on market: 10/19/2024
    • Cumulative days on market: 22 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    12/11/2024Sold$562,500-2.2%$199/sqft
    Source: Stellar MLS #P4932422 Report a problem
    11/13/2024Pending sale$575,000$203/sqft
    Source: Stellar MLS #P4932422 Report a problem
    11/4/2024Listed for sale$575,000$203/sqft
    Source: Stellar MLS #P4932422 Report a problem
    11/2/2024Pending sale$575,000$203/sqft
    Source: Stellar MLS #P4932422 Report a problem
    10/19/2024Listed for sale$575,000+117%$203/sqft
    Source: Stellar MLS #P4932422 Report a problem
    1/26/2004Sold$265,000$94/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,972 -19.6%$192,192 -16%
    2024$2,453 +2.3%$228,729 +3%
    2023$2,397 +2.5%$222,067 +3%
    2022$2,338 -0.6%$215,599 +3%
    2021$2,354 +0.8%$209,319 +1.4%
    2020$2,334 -0.1%$206,429 +2.3%
    2019$2,337 -14.7%$201,788 +1.9%
    2018$2,740 +1.7%$198,026 +2.1%
    2017$2,693 +20.3%$193,953 +2.1%
    2016$2,239 -1.8%$189,964 +0.7%
    2015$2,280 -8.1%$188,643 +0.8%
    2014$2,482 +8.9%$187,146 +1.5%
    2013$2,279 +3%$184,380 +1.7%
    2012$2,212 -12.3%$181,298 -9%
    2011$2,522 -6.7%$199,291 -4%
    2010$2,703 -13.3%$207,600 -6.9%
    2009$3,118 +7%$223,003 +0.1%
    2008$2,913 $222,780
    2007-- --
    2006$3,291 --
    2005-- --
    2004$2,597 -0.6%--
    2003$2,612 +0.3%$186,025 +4.9%
    2002$2,605 +1.9%$177,407 +1.6%
    2001$2,557 $174,613
    Find assessor info on the county website

    Neighborhood: 33898

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sandhill Elem
    • Middle: Mclaughlin Middle
    • High: Winter Haven Senior

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $557,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $557,000

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