5535 Lake Buffum ROAD, Lake Wales, FL, 33859 | $450,000

One or more photos virtually staged. Sweet and comfortable country living with an opportunity to grow.
5. 94 acres cleaned pasture land, encompassing a brand new 4 bedrooms/2. 5 bathrooms Fleetwood mobile home in Lake Wales sitting
on a high and dry lot. Ready for all your rural dreams such as gardening, animal husbandry or whatever your heart desires. New septic and
private well (2019) with a long drive way connected to a major road. The home has a open floor lay out with beautiful kitchen appliances and
plenty of storage cabinets. The main bedroom leads to an ensuite bathroom with a Jack and Jill sinks and extra-large shower with ample storage
spaces. The other 3 bedrooms are strategically placed on the other side of the house with 1. 5 bathrooms by their side. The kitchen has an open
inviting vibe with the adjoining dining room, ideal for a growing family. The city of Lake Wales is centrally located between nearby cities such as
Winter Haven, Haines City, Bartow, Frostproof and Avon Park with a few miles away from highway 27 is an easy commute without the hassles of
the big cities. Lake Wales is home to Warner university and 6 charter schools, and it's surrounded by many lakes and natural rural beauty for
those who enjoy boating and fishing. A must see to appreciate the serenity of the place.

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Contemporary
  • Year Built: 2024
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,474
  • Acreage: 5.94
  • Est. Taxes: $26
  • Lot Desc: Cleared, In County, Landscaped, Level, Oversized Lot, Pasture, Private, Unincorporated, Zoned for Horses
  • View: Trees/Woods
  • Elem. School: Polk Avenue Elem
  • Middle School: Mclaughlin Middle
  • High School: Frostproof Middle - Senior High
  • Pet Policy: Number Limit
  • Appliances: Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator
  • MLS#: B4901691
  • Days on Market: 100 days
  • Website: https://www.raveis.com
    /prop/B4901691/5535lakebuffumroad_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 12/23/2024 1:57:08 AM)
Listing courtesy of Freedom Realty   Phone: 863-289-7004

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5535 Lake Buffum ROAD, Lake Wales, FL, 33859

$450,000

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 $360,000 $360,000 $360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $2 $2 $2
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,425 $2,393 $3,036
Total Monthly Payment $2,502 $2,470 $3,113

* 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.