399 Sequoia DriveNew Construction Home in Lake Wales, FL
Lake Wales, FL 33859 · Polk County
$225,796
$257,191
$154/sq ft
Photos of 399 Sequoia Drive
1 / 8Who is building this home?
This home is listed as built by KB Home, floor plan 1463/B. Builder quality, warranty responsiveness, and willingness to fix punch-list items vary enormously between companies in Tampa Bay.
Compare Tampa Bay builder scorecards →About this home
This lovely, two-story home showcases an open floor plan with stylish tile flooring and a spacious great room. The kitchen is equipped with 36-in. upper cabinets, granite countertops, a breakfast bar, pantry, a sleek Moen® faucet and Whirlpool® stainless steel appliances. Upstairs, enjoy the convenience of a dedicated laundry room. The primary suite features a walk-in closet and connecting bath that offers a dual-sink vanity and walk-in shower with tile surround.
Home details and costs
- MLS number
- O6279067
- Property type
- Townhouse
- Build stage
- Move-In Ready
- Builder
- KB Home
- Floor plan
- 1463/B
- Heated square feet
- 1,463 sq ft
- Total under roof
- 1,663 sq ft
- Stories
- 2 Story
- Lot size
- 0.06 acres
- Subdivision
- Reserve at Forest Lake
- HOA fee
- $300/quarter
- Annual property tax
- $68 (current assessment)
- Days on market
- 550 days
Heads up on that tax figure. On new construction, the number in the MLS is often the tax on the bare lot, not the finished home. Expect it to jump once the county reassesses with the house on it. How Florida reassesses new builds
What would this home actually cost per month?
Pre-filled with this listing's price and HOA. Adjust anything to match your situation.
Estimated monthly payment
$2,000
$22,580 down (10%) on a $203,216 loan
- Principal and interest
- $1,284
- Property tax (estimated)
- $264
- Homeowners insurance
- $267
- HOA
- $100
- PMI (under 20% down)
- $85
CDD defaults to zero, and that is often wrong.Many Tampa Bay new-construction communities carry a Community Development District assessment of roughly $1,500 to $3,000 a year on top of HOA, and it is rarely included in a builder's payment estimate. Ask whether this address is in a CDD before you budget.
The tax figure in the MLS looks like a bare-lot assessment. It lists $68 a year, while taxing this purchase price works out closer to $3,164. On new construction the county reassesses once the house is finished, so budget from the higher number.
Estimates only. Actual taxes, insurance, and assessments vary by address and change year to year.
Get the real numbers on this homeWhat is negotiable on this home?
This listing shows real leverage signals. Here is what its own numbers say.
On the market 550 daysStrong signal
Past six months on a finished home means the builder has been carrying taxes, insurance, and interest on it the whole time. That cost is real and it is why concessions get easier the longer a home sits.
Reduced $31,395 (12%)Strong signal
Originally listed at $257,191. A builder that has already cut once has acknowledged the first number did not work. That is a different conversation than one who has never moved.
Finished and standingWorth knowing
A completed home with a Certificate of Occupancy is inventory, not a future sale. Builders treat standing inventory very differently from a lot they have not broken ground on.
Where builders actually give
Rarely on the published base price. It sets the comp for every unsold home behind this one, and protecting it protects their appraisals. The real room is in closing cost credits, interest rate buydowns, and upgrades moved into the base. Asking for the right one in the right order is most of the job.
Virtual tour
View the virtual tour for 399 Sequoia Drive→Other new construction homes in Lake Wales
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Listed by Keller Williams Advantage Real. Listing data provided courtesy of Stellar MLS via Bridge Interactive. Information is deemed reliable but not guaranteed and is provided for consumers' personal, non-commercial use. 399 Sequoia Drive, Lake Wales, FL 33859 is presented by Barrett Henry, REMAX Collective. Prices, availability, and incentives change without notice.