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About this home
Stembridge Rd is a home in Revised Hesperides Sub, Lake Wales. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This listing is a compilation of three parcels totaling 5.52 acres, currently planted in citrus with a water well on the property. A portion of Anderson Road runs between the parcels but is not being used as a road. The buyer should check with Polk County regarding future use of Anderson Road to see if that portion could be closed since no one is using it and it is currently planted with citrus. The property has 780 feet of frontage on Stembridge Road and has a working well used to irrigate the grove. The property is just East of Lake Wales with easy access to shopping and medical facilities. The property will need to have a septic system installed for residential. There are multiple golf courses and lakes nearby with public access. Legoland Florida is only 30 minutes away with the East Coast and West Coast beaches of Florida a short drive away making a day trip the the beach possible.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$169,900
Time on market
534 days
Monthly payment
About $1,021/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $601 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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