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532 LAKE MYSTIC LANE

House Recently Sold
$158,500

BTC: 1.96943340

ETH: 65.17269737

Sold on: 2021-09-15
2 days
Waterfront
2 bds
2 ba
1,463 sqft

Overview

Wonderful VILLAS III...an all age community where your HOA covers SO much !! CASH ONLY--LIST PRICE REFLECTS THE FACT THIS PROPERTY NEEDS A NEW ROOF, FLOORING AND UPDATING. Come enjoy the Florida lifestyle in this spacious 2 bedroom/2 bath/home,PLUS a BONUS ROOM vented for A/C, overlooking a small pond---so no rear neighbors !! THIS IS A SINGLE UNIT---NOT A DUPLEX LIKE MANY OTHERS IN VILLAS III, so you are NOT sharing a carport with another home. There is ceramic tile in the hallway, kitchen and baths. This is the perfect home for an INVESTOR TO FIX UP AND FLIP OR RENT, OR FOR A HOMEOWNER WHO WANTS TO UPDATE AND REMODEL TO THEIR OWN TASTES. CASH ONLY and the list price already reflects the fact this property will need a new roof, some updating, and new flooring (the nasty carpet has already been removed so a buyer can more easily envision whatever type of flooring they desire). The master bedroom has a large walk-in closet and the master bath has a shower. The hall/guest bath has a tub with shower. Sliders open from the dining room to an air-conditioned bonus room, which then connects to a screened porch room, both of which allow for an office, art room, or just extra space to spread out. Total is 1463 sq footage under air (not what is reflected in the tax records.) There is a 1 car carport and the monthly HOA of $187 includes: lawn maintenance, community clubhouse, pool, tennis courts, basic cable and water. Conveniently located and convenient to southside shopping, medical and easy access to the Polk Parkway and I-4. The sq footage in tax records is incorrect as the bonus room is vented for air making a total of 1463 sq ft under air.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1984
Lot:
0.10 Acres
Heating:
Central / Electric
Price/sqft:
$113
Cooling:
Central Air
HOA:
$187

Valuation

Our model vs. what's actually selling nearby.
Estimate
$194,987
$164K – $255K
Confidence Low
List vs. estimate
$29K below estimate
List $165,000 · -15.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$112
-43.0% vs. city median $197
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,436
2020
HOA
$187/mo
Cable TV, Community Pool, Escrow Reserves Fund
Waterfront
Pond
Pets
Allowed
All facts and features
  • Flooring

    • Concrete

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    • Microwave

    • Range

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Sliding Doors

    Lot

    • Lot: 0.10 Acres

    Other Property Information

    • Parcel Number: 232901139410000242

    • Zoning: PUD

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Cable Available

  • Other financial information

    • HOA: $187

    • HOA Frequency: Monthly

    • Annual tax amount: $2,437

  • Source details

    • MLS ID: L4924902

    Other facts

    • Construction Materials: Block / Stucco

    • Foundation Details: Slab

    • Laundry Features: Inside / Laundry Room

    • Lot Features: City Lot / Level

    • Patio And Porch Features: Enclosed / Screened

    • Window Features: Window Treatments

    • Direction Faces: North

    • Architectural Style: Contemporary

    • Waterfront: Yes

    • Living Area: 1463

    • Water Source: Public

    • Lot Size Dimensions: 39 x 109

    • Subdivision Name: VILLAS 03

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: REMAX EXPERTS