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Polk
289 Bear TRAIL
$172,500
● Land - Off Market

289 Bear TRAIL

LAKE WALES, FL 33898
bedrooms
Studio
bathrooms
0 Bath
$211,616
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

WELCOME TO RIVER RANCH, Florida's Luxury RV Resort with access to Lake Kissimmee!  No rear neighbors!  This privately owned RV lot is located in Phase 3 on the outer edge with no rear neighbors!  This Lot offers GORGEOUS landscaping, custom furnishings, all new pavers and landscaping.  This Lot is being sold fully furnished with a shed with washer/dryer! This lot offers shade and sun  - the perfect combination! No Rear Neighbors!   River Ranch RV Resort is perfect for weekend vacations, family camping, seasonal living! River Ranch RV Resort offers beautiful landscaping and privately owned RV lots.  There are many amenities such as Pools, Tennis, Pickle Ball, Clubhouse, Social Events, Billiards, Poker Room and more!
Unit Size
-
Days on Market
196 days
Land Size
0.08 acres
Price per sqft
-
Property Type
Land
Property Taxes
$71
HOA Dues
$251
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #U8170074)

Price History

Date / Event Date Event Price
Jan 26, 2024 Sold
Premium
Sold
Sep 5, 2023 Listed by EXP REALTY, LLC $225,000
Listed by EXP REALTY, LLC
Jan 27, 2023 Sold
Premium
Sold
Jul 14, 2022 Listed by EXP REALTY, LLC $199,900
Listed by EXP REALTY, LLC
Jun 8, 2016 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,559
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OUTDOOR RESORTS RIVER RANCH RV RESORT PH
  • Land Acres: 0000000082
  • Standard Land Use Code: 1006
  • County Land Use Code: 0007
  • State Land Use Code: 00
  • Mobile Home Indicator: T
  • Legal Description 1: OUTDOOR RESORTS RIVER RANCH RV RESORT PHASE THREE RV LOTS REPLAT PB 85 PGS 39 & 40 LOT 289

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 014202

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Phase Number: 3
  • Subdivision Tract Number: 996013
  • Parcel: 31-31-23-996013-002890
  • Lot: 289
  • Meridian: SEC 23 TWN 31S RNG 31E
  • Municipality: UNINCORP/SOUTH FL WMD
  • Latitude: 27.7696
  • Longitude: -81.1892

    Address

  • Full Address: 289 Bear Trl
  • Address - House Number: 289
  • Address - Street Name: Bear
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Lake Wales
  • Zip Code: 33898

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $106,235
  • Tax Rate Code Area: 30000

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 223,110
  • High Value: 270,442
  • Low Value: 175,778

    Market Valuation

  • Market Total Value: $96,000
  • Market Land Value: $95,000
  • Market Improvement Value: $1,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,100

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Jan 26, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20592
  • Previous Sale Recording Date: Jan 27, 2023
  • Previous Sale Contract Date: Jan 26, 2023
  • Previous Sale Amount: $172,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Polk

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$180

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1948 ft²

Average Home Age

22.7 years

Currently For Sale

7008 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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STELLAR

Listed by: Michelle Chandler
EXP REALTY, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8170074
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 289 Bear Trail built and last sold?
The property at 289 Bear Trail was built in and last sold on Jan 19, 2024 for $195,000.
How much is this home worth?
The estimated value of the home located at 289 Bear Trail is $0.
What are some comparable homes to 289 Bear Trail?
There are currently no comparable homes to 289 Bear Trail.
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