9401 Cat Track Trl, Lake Wales, FL, 33898 | $275,000

Located just 3 minutes away from Lake Walk-in-Water BOAT RAMP, in a small, quiet, waterfront community on the west side of Lake Walk-In-Water. This is a unique 2 story home with 2 bedrooms / 1 bath downstairs and an In-Law Suite with 1 bedroom / 1 bath upstairs complete with kitchenette. Total living space for both floors is 1728 heated square feet. NEW ROOF in 2024. Could be an ideal seasonal home and rent out one floor for additional income or use it as a weekend retreat and invite some friends to join you. NO HOA and NO DEED RESTRICTIONS. This area is reminiscent of Old Florida where you can sit back, relax and enjoy nature. Lake Walk-In-Water is a 7500+ acre lake and is nationally known for largemouth bass fishing. Located in South-East Polk County off SR 60 with easy access to US Hwy 27 to the west or the Florida Turnpike to the east. Downtown Lake Wales is only 20 minutes away, Bok Tower is 25 minutes and Lego Land is 40 minutes. Central Florida attractions, East and West coast beaches and Orlando and Tampa can all be accessed within a 90 minute drive.

Features

  • Rooms: 7
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 180 x 98
  • Laundry: Inside
  • Year Built: 1986
  • Heating: Central, Electric
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 1,728
  • Acreage: 0.4
  • Lot Size: 180 x 98
  • Est. Taxes: $3,587
  • Lot Desc: Cleared, Corner Lot, In County, Level, Oversized Lot
  • View: Trees/Woods
  • Pet Policy: Yes
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • MLS#: P4928358
  • Days on Market: 262 days
  • Website: https://www.raveis.com
    /prop/P4928358/9401cattracktrl_lakewales_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/24/2024 7:47:06 AM)
Listing courtesy of POLK REAL ESTATE LLC   Phone: 863-679-1710

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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9401 Cat Track Trl, Lake Wales, FL, 33898

$275,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $220,000 $220,000 $220,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $299 $299 $299
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,464 $1,462 $1,886
Total Monthly Payment $1,838 $1,836 $2,260

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.