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Off market
  • Tax assessed value
    $10,500

    518 Magnolia Dr, Lake Wales, FL 33855

    --beds
    0baths
    0.5Acres
    VacantLand
    Built in ----
    0.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,427 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,427/mo

    Zestimate® history
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    What's special

    0.5 Acres in Indian Lake Estates, Only $900 down and $241 per Month Cash Buyer? We’ll Give You a Discount! ++++++++++ Easy living awaits anyone in Indian Lake Estates in Lake Wales, Florida. This property is nestled on Magnolia Dr close to some beautiful concrete houses in the area. Just 2.3 miles away from the property is Lake Weohyakapka. It is a quiet lake, though it is getting more and more well-known by the year -- with waters that are filled with mostly darting fish and the avid anglers. Visitors come to learn about Lake Weohyakapka simply through word of mouth -- and for the chance to snag a prized largemouth bass. One of the best attractions nearby is Lake Kissimmee State Park, where anyone can enjoy boating, canoeing and fishing in the picturesque lakes. Nature students can hike over 13 miles of trails to observe and study the abundant plant and animal life. Drive up to the center of Lake Wales for a great dining and shopping experience. Indeed life here is filled with adventure and fun! ++++++++++ PROPERTY SUMMARY Incredible 0.5 acre lot in Indian Lake Estates, Florida which would make the perfect building lot. This lot has the building potential for a dream home! We are offering this property at a discounted ROCK BOTTOM cash price so that one lucky buyer can own the perfect property at a BELOW MARKET price. ++++++++++ PROPERTY VALUE The Market Value for the BEAUTIFUL lot is around $7,000, based on recent property Sales in the area. We offer this property for the seller financed price of only $5,999! You save $1000! We love to work with buyers to help ensure the best deal that suits any budgeting needs. See below for complete seller financing details. ++++++++++ PROPERTY DETAILS APN: 303107994050018109 Property type: Infill / Buildable Lot Zoning: RS County: Polk County Property Address: 518 Magnolia Dr GPS Coordinates (Approximate Center): 27.804335, -81.357002 City: Lake Wales, FL Zip: 33898 Acres: 0.5 acre Square Feet: 21780 Approximate Dimensions: 99.75 ft x 218.39 ft x 99.76 ft x 218.03 ft Topography: Flat Mobile Homes Allowed: No Nearest Cities or Subdivisions: -Indian Lake Estates -Lake Wales -Orlando Annual Taxes: $25.19 ++++++++++ UTILITIES -Power: Yes, there's a power line at the street. Services by Utility Company Peace River Electric Co-Op - 863-692-1152 -Water: There's a water line at the street provided by the Indian Lake Estate Utilities - 863-692-1433 -Sewer: Would need to install septic ++++++++++ PURCHASE OPTIONS We are currently offering 2 ways to buy this beautiful property: Seller Financed Price: $5,999 Purchase this property today with only $900 down and payments of just $241.59 per month for 24 months. Additional $20 per month loan servicing fee added to monthly payment. This financing is offered with NO CREDIT CHECK or NO PREPAYMENT PENALTY! A lower monthly payment is available with a larger down payment! Ask us for more details and we will work with you to create the terms and monthly payment that work with YOUR budget! Cash Price: $4,199 Pay cash and receive a total savings of $2,800 from Market Value! ++++++++++ READY TO BUY OR HAVE QUESTIONS? Purchasing property from us is simple and easy. We have closed hundreds of real estate transactions and know the process well. Message us here or call us today to get started. When calling, please give us Reference ID Polk-2435, so we can be ready to discuss the property. ++++++++++ DISCLAIMER Buyer is responsible for verifying all information with the County as to what can and can't be done with the property. Buyer will need to work with the County to obtain the proper permits if needed. Buyer will also need to confirm the availability of any utilities needed or serviced on the property. Seller makes no warranties or representations about the land, its condition, or what can be built on the property.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 0.5 Acres
    Details
    • Parcel number: 303107994050018109

    Community & HOA

    Location
    • Region: Lake Wales

    Financial & listing details

    • Tax assessed value: $10,500
    • Annual tax amount: $75

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    7/8/2020Sold$5,499+31%
    Source: Public Record Report a problem
    5/8/2020Listed for sale$4,199
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$75 +14.7%$2,563 +10%
    2024$66 +6.1%$2,330 +10%
    2023$62 +47.2%$2,118 +10%
    2022$42 +73.2%$1,925 +10%
    2021$24 -0.8%$1,750
    2020$24 -2.9%$1,750
    2019$25 -7.4%$1,750
    2018$27 +6%$1,750 -37.5%
    2017$26 -38%$2,800 +0.2%
    2016$41 +2.4%$2,795 +10%
    2015$40 +8.8%$2,541 +10%
    2014$37 +13.5%$2,310 +10%
    2013$33 +0.9%$2,100
    2012$32 -42.4%$2,100 -41.7%
    2011$56 -34.6%$3,600 -33.3%
    2010$86 -33.6%$5,400 -29.4%
    2009$129 -27%$7,650 -32%
    2008$177 $11,250
    Find assessor info on the county website

    Neighborhood: 33855

    Nearby schools

    GreatSchools rating