NOT LISTED FOR SALE

1108 Caravan Loop Polk City, FL 33868

Estimated Value: $336,000 - $422,000

2 Beds
2 Baths
1,279 Sq Ft
$282/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $310,000 $242 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,420/month

16 Days on Market

Highlights

  • Boat Ramp
  • Senior Community
  • RV Carport
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of March 2022

Enjoy the RV lifestyle in this upscale 55/older community of Mt Olive Shores North. This home features 2 bed/2bath, kitchen, living room, screened lanai and storage. The home has a fenced in back yard and a well for irrigation. The roof was replaced in 2015 and the air conditioner was replaced in 2021. The RV port has all of the hookups for your RV and measures 61x13. The community features two clubhouses, 2 pools and hot tubs, movie theater, fitness center, planned activities and a dog park. Located in Central Florida, it is convenient to shopping, medical facilities and All of the Central Florida attractions.

Last Listed By

Gail Laxdal

BEST PROPERTIES OFFERED License #3285564 Listed on: 01/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1999

Lot Details

  • 8,041 Sq Ft Lot
  • South Facing Home
  • Vinyl Fence
  • Corner Lot
  • Irrigation

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,279 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Storage Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • RV Carport

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Well
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include 24-hour guard, community pool, ground maintenance
  • Jennifer S. Cain Association, Phone Number (863) 874-4811
  • Mount Olive Shores North Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1999

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 1279
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1999
  • Lot Size Sq Ft: 8041
  • Directions to Property: Exit 38, off of I-4, head North for 5 miles to Lake Margaret Blvd and Mt Olive Shores North. Proceed to the guard gate for instructions.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4927219?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4927219?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97638
  • Price per Sq Ft: 242.38
  • Close to Original List Price Ratio: 0.97638
  • View: No
  • Co List Office Mls Id: 255002460
  • Co List Office Phone: 813-499-9979
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 1108
  • Room Count: 6
  • Additional Rooms: Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: South
  • Other Structures: Finished RV Port
  • Exterior Features: Irrigation System, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: RV Carport
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Laundry, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Association Name: Jennifer S. Cain
  • Phone: 863-874-4811
  • Association: Yes
  • Senior Community: Yes
  • Association Email: jcain@mosaicsvc.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1300
  • Monthly HOA Fee: 108.33
  • Total Monthly Fees: 108.33

Lot Info

  • Parcel Number: 25-26-31-295433-000760
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Corner Lot, In County
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3018.3
  • Tax Book Number: 104-38
  • Tax Lot: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2022
Closed on
Mar 15, 2022
Sold by
Sheila Fowler
Bought by
Lomenzo John and Lomenzo Kathryn
Seller's Agent
Gail Laxdal
BEST PROPERTIES OFFERED
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$317,500
Sold Price
$310,000
Premium/Discount to List
-$7,500
-2.36%
Total Days on Market
16
Current Estimated Value
$361,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,256
Avg. Annual Appreciation
4.71%
Original Mortgage
$232,500
Outstanding Balance
$219,922
Interest Rate
3.92%
Mortgage Type
Balloon
Estimated Equity
$139,451

Purchase Details

Closed on
Jul 28, 2006
Sold by
Defeliei Alfonso
Bought by
Fowler John H and Fowler Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,655
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2006
Sold by
Prince Betty
Bought by
Defelici Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,655
Interest Rate
6.73%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 2003
Sold by
Goodwin Robert J and Goodwin Mary S
Bought by
Defelici Alfonso and Prince Betty

Purchase Details

Closed on
Dec 8, 1998
Sold by
Anchor Investment Corp Of Florida
Bought by
Goodwin Robert J and Goodwin Mary S

Range of Values:

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Average Value
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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
Lomenzo John $310,000 Reed Mawhinney & Link Pllc
Fowler John H $285,000 Attorney
Defelici Alfonso $75,000 Attorney
Defelici Alfonso $160,000 --
Goodwin Robert J $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomenzo John $78,000
Open Lomenzo John $232,500
Previous Owner Fowler John Herbert $50,000
Previous Owner Fowler John H $50,655
Previous Owner Goodwin Robert J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $310,000 -2.4% $242 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $317,500 -- $248 / 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
2023 $3,485 $263,513 $85,000 $178,513
2022 $3,523 $213,175 $0 $0
2021 $3,231 $193,795 $0 $0
2020 $3,018 $189,233 $40,000 $149,233
2018 $2,567 $146,402 $37,000 $109,402
2017 $2,692 $156,145 $0 $0
2016 $2,747 $153,336 $0 $0
2015 $2,112 $139,396 $0 $0
2014 $616 $136,387 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4927219

Stellar MLS

APN: 25-26-31-295433-000760