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About this home
530 N Ridge Ave is a 1925-built home in Twin Lake Sub, Lake Alfred. Inside you'll find 5 bedrooms, 3 bathrooms, and 1,857 square feet of living space. Listed at $340,000 (about $183/sqft), 81 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This property is looking for a new owner to take on a project now and end up with a classic, beautiful home and property. This large 30,000 square foot (.69 acre) lot has three structures: Main Home is 1,857 square feet with three bedrooms and a full bath upstairs --Kitchen, Dining Room, Living Room, full bathroom and a flex room (4th bedroom, Den or Office) downstairs. Attached to the main house is a 1,599 square foot screened area with inground pool. There is also a 690 square foot, one bedroom, one bath Pool/ Guest Home. The third building on the property is a 500 square foot two car carport with an enclosed workshop. Want to feel extra safe? An underground bomb shelter is another unique feature of this property. This is in the Twin Lakes community with easy access to Winter Haven, Lakeland (I-4) and Haines City. There is a city park with boat ramp and the Lavendar and Lace Tearoom just down the street. There is no HOA or CDD to spoil your fun. It will need some real work to bring everything back to it's full potential. Currently listed below recent appraised value and is being sold "AS-IS".
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The essentials
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Details
Districts can re-zone, so verify directly with the district before relying on these.
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
$340,000
$183 per sq ft
Beds and baths
5 beds, 3 baths
Size
1,857 sq ft
Time on market
81 days
Year built
1925
Monthly payment
About $2,018/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $905 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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