NOT LISTED FOR SALE

1124 Thomas Rd Unit 1 Lakeland, FL 33809

Estimated Value: $104,000 - $212,000

1.36 Acres
$127,696 Price per Acre
59,242 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $137,500

Est. 26% increase in value since last sale

Current estimated payment $987/month

157 Days on Market

Highlights

  • No HOA
  • Level Lot
  • Heating Available
  • Lincoln Avenue Academy Rated A-

About This Lot

As of May 2021

Build your Dream Home on this beautiful homesite on over 1 acre in North Lakeland! Close to shopping, schools and I-4 for easy access to Tampa and Orlando. Measuring 1.36 and located on 98 North and Thomas Rd this lot is flat and has a beautiful tree that would make any front yard proud and shady. NO HOA so bring your cars and boats! Zoned for Agricultural/Residential/Rural and this property is protected by the Southwest Florida Water Management District. There is 268 of front footage on 98 North. So much potential for this flat and well taken care of property- call today!

Last Agent to Sell the Property

Brian Stephens

EXP REALTY LLC License #655038 Listed on: 11/05/2020

EXP REALTY LLC

Last Buyer's Agent

Alejandra Arroyo

COVENANT REALTY License #3417227

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $365

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 243x234
  • Property fronts a highway
  • West Facing Home
  • Level Lot
  • Cleared Lot
  • Property is zoned RC

Schools

  • Socrum Elementary School
  • Lake Gibson Middle/Junio School
  • Lake Gibson High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 23-27-01-000000-044110

Property Details

Property Type

Land

Est. Annual Taxes

$365

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.36
  • Lot Size Sq Ft: 59168
  • Directions to Property: 98 North to Corner of 98 North and Thomas Rd-
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.91667
  • Price per Sq Ft: 2.32
  • Close to Original List Price Ratio: 0.70513
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1124

Exterior Features

  • Direction Faces: West
  • Road Frontage Type: Highway
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 268
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electrical Nearby, Public, Water Nearby
  • Sewer: None
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Socrum Elem
  • High School: Lake Gibson High
  • Middle Or Junior School: Lake Gibson Middle/Junio

Lot Info

  • Zoning: RC
  • Parcel Number: 23-27-01-000000-044110
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, In County, Level
  • Lot Dimensions: 243x234
  • Price Per Acre: 101103
  • Flood Zone Code: x
  • Current Adjacent Use: Residential
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 365.32
  • Tax Book Number: P-81
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
May 21, 2021
Sold by
Yarbrough Bettu Mai Yarbrough and Bettie Mai Yarbrough Jones Tru
Bought by
Serrano Angel Luis
Seller's Agent
Brian Stephens
EXP REALTY LLC
Buyer's Agent
Alejandra Arroyo
COVENANT REALTY
List Price
$195,000
Sold Price
$137,500
Premium/Discount to List
-$57,500
-29.49%
Current Estimated Value
$173,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,167
Avg. Annual Appreciation
4.08%
Original Mortgage
$400,000
Outstanding Balance
$366,582
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
-$203,582

Purchase Details

Closed on
Apr 9, 2020
Sold by
Jones Bettie Mai Yarbrough and The Howard Benjamin Jones Trus
Bought by
Jones Bettie Mai Yarbrough and Bettie Mai Yarbrough Jones Tru

Purchase Details

Closed on
Jun 23, 2005
Sold by
Kapur Llc
Bought by
Yarborough Jones Howard Benjamin and Yarborough Jones Bettiie Mai

Purchase Details

Closed on
Apr 28, 2004
Sold by
Kapur Llc
Bought by
Howard Benjamin Jones Trust and Bettie Mai Yarborough Jones Trust

Purchase Details

Closed on
Apr 26, 2004
Sold by
Kincaid R A and Kincaid David
Bought by
Kapuc Llc

Purchase Details

Closed on
Oct 31, 2003
Sold by
Kincaid R A and Kincaid David
Bought by
Kapur Llc

Purchase Details

Closed on
Apr 10, 2003
Sold by
Rorah Julia D
Bought by
Kincaid R A and Kincaid David
Source: Public Records

Range of Values:

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Average Value
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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
Serrano Angel Luis $137,500 Lakeland Title Llc
Jones Bettie Mai Yarbrough -- Attorney
Yarborough Jones Howard Benjamin -- Equity Title Llc
Howard Benjamin Jones Trust $136,000 Equity Title Llc
Kapuc Llc -- Equity Title Llc
Kapur Llc $57,000 Equity Title Llc
Kincaid R A $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serrano Angel Luis $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $137,500 -8.3% --
04/10/2021 04/10/21 Pending -- -- --
03/30/2021 03/30/21 Price Changed $150,000 -18.9% --
01/07/2021 01/07/21 Price Changed $185,000 -5.1% --
11/04/2020 11/04/20 For Sale $195,000 -- --
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
2024 $495 $40,021 -- --
2023 $495 $36,383 $0 $0
2022 $439 $33,075 $33,075 $0
2021 $387 $26,198 $0 $0
2020 $365 $29,295 $29,295 $0
2018 $341 $28,350 $28,350 $0
2017 $263 $17,894 $0 $0
2016 $255 $16,267 $0 $0
2015 $224 $14,788 $0 $0
2014 $198 $13,615 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4919074

Stellar MLS

APN: 23-27-01-000000-044110