$55,000
SOLD JUN 26, 2020
1.62 Acres
$33,951 Price per Acre
70,567 Sq Ft Lot

Recently Sold

13% Below List Price

25 Days on Market

Highlights

  • 1.62 Acre Lot
  • Lincoln Avenue Academy Rated A-
  • Heating Available

About This Lot

As of February 2025

Don't wait! This oversized 1.62 acre lot won't last long! Located in the desirable south Lakeland area. Envision your perfect modular or mobile home nestled here in the established community Cherry Lane Estates. A partially cleared lot with preserved trees for added privacy and solitude. Close proximity to shopping centers. Minutes away from HW 60 and Polk Parkway for an easy commute. OWNER FINANCING AVAILABLE. (Buyer must confirm with Zoning that property is suitable for planned use.)

Last Agent to Sell the Property

Luis Fermin

LPT REALTY, LLC License #3321001 Listed on: 04/10/2020

LPT REALTY, LLC

Last Buyer's Agent

Dale Ling

LING REALTY, LLC License #3231411

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $271

Lot Details

  • 1.62 Acre Lot
  • Lot Dimensions are 60x55x125x133x241x113x313

HOA Fees

  • $5 Monthly HOA Fees

Community Details

  • Cherry Lane Estates Poa, Phone Number (863) 647-1739
  • Cherry Lane Estates Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 23-29-14-141554-000160

Property Details

Property Type

Land

Est. Annual Taxes

$271

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.62
  • Lot Size Sq Ft: 70445
  • Directions to Property: Turn right onto W Pipkin Rd 0.2 mi Turn left onto Old Rd 37 Turn right onto Cherry Ln Turn left onto Cherry Tree Dr Turn left onto Windsong Ln Turn right onto Windsong Dr.
  • Status: Sold
  • Total Acreage: 1 to less than 2
  • Ratio: Close Price\List Price: 0.87302
  • Price per Sq Ft: 0.78
  • Close to Original List Price Ratio: 0.87302
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1321

Exterior Features

  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 115
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 60
  • Association Fee Frequency: Annually
  • Association Name: Cherry Lane Estates POA
  • Phone: 863-647-1739
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 60
  • Monthly HOA Fee: 5
  • Total Monthly Fees: 5

Lot Info

  • Parcel Number: 23-29-14-141554-000160
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 60x55x125x133x241x113x313
  • Price Per Acre: 33951
  • Flood Zone Code: A
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 270.62
  • Tax Book Number: 99-1
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Feb 4, 2025
Sold by
Wd1321 Holdings Fl Land Trust and Buccini Tim
Bought by
Palmer Nicholas Rhea and Palmer Kayla Marie
Seller's Agent
Ben Becton
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Diana Brown
REMAX EXPERTS
List Price
$299,900
Sold Price
$238,000
Premium/Discount to List
-$61,900
-20.64%
Views
31
Current Estimated Value
$247,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,330
Avg. Annual Appreciation
12.14%
Original Mortgage
$190,400
Outstanding Balance
$190,078
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$60,804

Purchase Details

Closed on
Jan 30, 2024
Sold by
Mendez Jose Luis and Mendez Araceli
Bought by
Wd1321 Holdings Fl Land Trust and Buccini

Purchase Details

Listed on
Apr 10, 2020
Closed on
Jun 25, 2020
Sold by
Palmer Robert W
Bought by
Mendez Jose Luis and Mendez Araceli
Seller's Agent
Luis Fermin
LPT REALTY, LLC
Buyer's Agent
Dale Ling
LING REALTY, LLC
List Price
$63,000
Sold Price
$55,000
Premium/Discount to List
-$8,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.82%
Original Mortgage
$49,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2006
Sold by
Harper Enterprises Inc
Bought by
Palmer Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,100
Interest Rate
12.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2004
Sold by
Turner John Wesley
Bought by
Harper Enterprises Inc

Purchase Details

Closed on
Jun 23, 1998
Sold by
Harper Enerprises Inc
Bought by
Turner 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
$17,500
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $238,000 Advantage Title Services
Warranty Deed $238,000 Advantage Title Services
Deed $100 Advantage Title Services
Warranty Deed $55,000 Security National T&E Llc
Special Warranty Deed $32,400 Attorney
Quit Claim Deed $18,100 --
Deed $17,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $190,400 New Conventional
Closed $190,400 New Conventional
Previous Owner $49,500 New Conventional
Previous Owner $24,100 Purchase Money Mortgage
Previous Owner $17,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $238,000 0.0% $160 / Sq Ft
12/27/2024 12/27/24 Pending -- -- --
12/06/2024 12/06/24 Price Changed $238,000 -4.8% $160 / Sq Ft
11/26/2024 11/26/24 Price Changed $249,900 -3.8% $168 / Sq Ft
10/29/2024 10/29/24 Price Changed $259,900 -5.5% $175 / Sq Ft
10/15/2024 10/15/24 Price Changed $274,900 -8.3% $185 / Sq Ft
09/04/2024 09/04/24 For Sale $299,900 +445.3% $202 / Sq Ft
06/26/2020 06/26/20 Sold $55,000 -12.7% --
05/05/2020 05/05/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $63,000 -- --
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
2023 $298 $22,700 $22,700 $0
2022 $288 $21,560 $0 $0
2021 $272 $19,600 $19,600 $0
2020 $263 $18,800 $18,800 $0
2018 $262 $18,000 $18,000 $0
2017 $434 $30,000 $0 $0
2016 $444 $30,000 $0 $0
2015 $432 $28,500 $0 $0
2014 $382 $25,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5855120

Stellar MLS

APN: 23-29-14-141554-000160