NOT LISTED FOR SALE

1028 Lakewood Ct Lakeland, FL 33801

Combee Settlement Neighborhood

Estimated Value: $252,906 - $283,000

4 Beds
2 Baths
1,540 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $245,000 $159 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,740/month

6 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Lincoln Avenue Academy Rated A-
  • Central Heating and Cooling System
  • Fenced

About This Home

As of July 2022

INCOME PROPERTY!!!
Great income producing property to add to your portfolio! Both units are currently leased. Unit A will be vacant at the end of this month. Unit B lease ends 12/15/2022 current owner would like to extend 1/15/2023. Tenants pay their own utilities. Washer and dryer belongs to current tenants! For unit B the washer and dryer hookup is outside in a covered shed.
Updates includes: Septic outlet sweep replaced April 2022. Water heaters have been replaced, one unit in spring 2021 other unit summer 2019. Ridge vent at roof top removed and off ridge vents installed in 2015, no leaks since.
If you are looking for an income producing property here is your chance. Please do not disturb tenants.

Last Agent to Sell the Property

Crystal Brooks

ROBERT SLACK LLC License #3487449 Listed on: 06/14/2022

ROBERT SLACK LLC

Last Buyer's Agent

Tracey Crews

SUPERIOR PROPERTY MGMT & SALES License #3054839

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,826

Year Built

  • Built in 1982

Lot Details

  • 8,664 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Built-In Oven
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Philip O’Brien Elementary School
  • Crystal Lake Middle/Jun School
  • Tenoroc Senior High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Sheltering Pines Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,826

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1540
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1982
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 8664
  • Tenant Pays: Electricity, Water
  • Directions to Property: Head west on US-92 W toward FL-659 N. Head west on US-92 W toward FL-659 N. Turn left onto Broadway St. Turn right onto Lakewood Ct. Destination will be on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6033647?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6033647?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 159.09
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Built-In Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 1028
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Fenced, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Outside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Philip O’Brien Elementary
  • High School: Tenoroc Senior
  • Middle Or Junior School: Crystal Lake Middle/Jun

Lot Info

  • Parcel Number: 24-28-09-176000-002051
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 715

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1825.94
  • Tax Book Number: 12-5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Cassico Holdings 1641 Llc
Bought by
Cassico Holdings 1028 Llc
Current Estimated Value
$270,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$194,615
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$79,796

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 29, 2022
Sold by
Wayne Parker John
Bought by
Cassico Holdings 1641 Llc
Seller's Agent
Crystal Brooks
ROBERT SLACK LLC
Buyer's Agent
Tracey Crews
SUPERIOR PROPERTY MGMT & SALES
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$196,000
Interest Rate
5.54%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2007
Sold by
Newman Douglas
Bought by
Parker John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2000
Sold by
Beard Norman L and Beard Mary L
Bought by
Newman Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,900
Interest Rate
8.54%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cassico Holdings 1028 Llc $100 Lakeland Title
Cassico Holdings 1641 Llc $245,000 --
Parker John W $120,000 None Available
Newman Douglas $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cassico Holdings 1028 Llc $200,000
Previous Owner Cassico Holdings 1641 Llc $196,000
Previous Owner Parker John W $90,000
Previous Owner Newman Douglas $26,000
Previous Owner Newman Douglas $35,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $245,000 0.0% $159 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $245,000 -- $159 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,585 $206,554 -- --
2024 $3,498 $187,776 $12,500 $89,757
2023 $3,498 $199,512 $12,000 $1,209
2022 $1,859 $66,868 $0 $0
2021 $1,826 $60,789 $0 $0
2020 $1,511 $55,263 $10,000 $45,263
2018 $1,500 $56,990 $10,000 $46,990
2017 $1,457 $54,450 $0 $0
2016 $1,377 $51,259 $0 $0
2015 $741 $47,355 $0 $0
2014 $1,228 $46,167 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Crystal Brooks

    ROBERT SLACK LLC

    (863) 940-4850

    1 in this area

    7 Total Sales

    Crystal Brooks
    Section Image

  • T

    Buyer's Agent in 2022

    Tracey Crews

    SUPERIOR PROPERTY MGMT & SALES

    (863) 853-2770

    6 in this area

    55 Total Sales

    Tracey Crews
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6033647

Stellar MLS

APN: 24-28-09-176000-002051

Florida Polk County Lakeland 33801 Combee Settlement

1028 Lakewood Ct, Lakeland, FL

This home is located at 1028 Lakewood Ct, Lakeland, FL 33801 since 14 June 2022 and is currently estimated at $270,477, approximately $175 per square foot. This property was built in 1982. 1028 Lakewood Ct is a home located in Polk County with nearby schools including Combee Academy of Design & Engineering, Philip O'brien Elementary School, and Rochelle School Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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