new - 6 days on rocket

5031 Timberlane Rd, Lake Wales, FL, 33898

$225,000

Home List Price

$2,672*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,200 SqFt
$188/SqFt
House

Location

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5031 Timberlane Rd, Lake Wales$225,000

Buyer Closing Credits

$2,672*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Parking Pad, RV Parking
Year Built1969
HeatingCentral
CoolingCentral Air
ViewTrees/Woods
MLS #P4933035
Lot Size0.28 Acres
StatusActive

About 5031 Timberlane Rd

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.

Property Details

Property Features

Property Information:

  • Year Built: 1969
  • Stories: 1
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY SMART 1
  • Office Phone: (863) 508-3000
  • Listing Agent: Rick DePalma

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Range, Refrigerator
  • Flooring Type: Ceramic Tile
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods
  • Exterior: Private Mailbox

Parking Information:

  • Parking: Circular Driveway, Parking Pad, RV Parking

Virtual/3D Tour

  • Virtual Tour: 5031 Timberlane Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Landscaped, Paved
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: FROM FL ALT. 17 TURN ONTO TIMBERLANE DR. FOLLOW APPROX 1 MILE AND HOME IS ON THE LEFT. LOOK FOR SIGN. 5031 TIMBERLANE DR

Price Information

Listing Price Info

Price Summary:

  • List Price: $225,000
  • Price Per SqFt: $188/SqFt

Tax Information:

  • Annual Amount: $784
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Wales, FL.

Med. Sold Price

$273.2K

Med. Price/SqFt

$175

Avg. Days On Market

76

# of Sold Homes

42

5031 Timberlane Rd vs Lake Wales

6 DAYS ON ROCKET

-70 Days

$225,000

-$48.2K Less

$188/SqFt

+$12 More

KEY TAKEAWAY

This property is $48.2K less than the Median Sold Price and $12/SqFt more than other homes in Lake Wales, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #P4933035

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY SMART 1
  • Office Phone: (863) 508-3000
  • Listing Agent: Rick DePalma

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:49:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 20, 2006Home Sold
$127,500

Tax History

YEARPROP. TAXASSESSMENT
2020$784$51,311
2018$715$49,222
2017$716$48,210

History based on county public records data.

Payment Calculator

$1,190

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4401058
2
/10
  • Sand Hill Elementary School

  • 1801 Tyner Rd

  • 4.89 miles

  • Public District Grades PK-5

school-card-donut-4401059
2
/10
  • Janie Howard Wilson School

  • 306 Florida Ave

  • 5.02 miles

  • Public Charter Grades PK-5

school-card-donut-4401060
2
/10
  • Spook Hill Elementary School

  • 321 Dr J A Wiltshire Ave E

  • 5.05 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,250. The majority of Lake Wales, FL residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5031 Timberlane Rd

What is the listing price of this property?

The listing price of 5031 Timberlane Rd property is $225,000.

What type of property is this?

The property 5031 Timberlane Rd is a house located in Lake Wales, Florida, 33898.

Is this property for sale now?

Active Listing: 5031 Timberlane Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $784 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 20, 2006 for $127,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5031 Timberlane Rd has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 5031 Timberlane Rd is 1,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5031 Timberlane Rd is 1969.

Rocket Homes›Florida›Polk County›Lake Wales›33898›5031 Timberlane Rd

This home is located at 5031 Timberlane Rd in Lake Wales, FL and zip code 33898. This 1,200 square foot home, which was built in 1969, sits on a 0.28 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $225,000.

In November 2024 more than 3 listings in Lake Wales, FL were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 21 were sold below. The number of listings in Lake Wales, FL increased by 9.4% between October 2024 and November 2024. Listings spent 76 days on the market in November 2024, and had a median list price of $273,204 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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