NOT LISTED FOR SALE

1511 Shelley Place Unit 1 Lakeland, FL 33803

Lake Somerset Neighborhood

Estimated Value: $223,000 - $252,000

4 Beds
2.5 Baths
1,840 Sq Ft
$423/mo HOA Fee

Last Sold February 23, 2018

Last sale price $104,000 $57 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,744/month

14 Days on Market

Highlights

  • Water Access
  • Gunite Pool
  • Open Floorplan
  • Cleveland Court Elementary School Rated A-
  • Lake View
  • 3-minute walk to Woodlake Park

About This Home

As of February 2018

Spacious 4 bedroom 2.5 bath condo located near New Jersey Road. Featuring a community lake, park, and community pool.

Last Agent to Sell the Property

Jan Piper

DALTON WADE INC License #3152911 Listed on: 12/26/2017

DALTON WADE INC

Last Buyer's Agent

Christine Benton

S & D REAL ESTATE SERVICE LLC License #3311904

S & D REAL ESTATE SERVICE LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $567

Year Built

  • Built in 1975

Lot Details

  • Mature Landscaping
  • Zero Lot Line
  • Condo Land Included

HOA Fees

  • $423 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Pad
  • Guest Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Lake Views
  • Laundry in unit

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Gunite Pool
  • Outside Bathroom Access

Outdoor Features

  • Water Access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, maintenance structure, ground maintenance
  • Somerset Twnhs Condo Woodlake Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$567

Year Built

Built in 1975

Lot Details

0

HOA Fees

$423 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1840
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 2104
  • Lot Size Sq Ft: 1475
  • Directions to Property: Bartow Rd to New Jersey Rd. Follow New Jersey Rd to Shelley Pl on left
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4724677&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4724677&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.86667
  • Price per Sq Ft: 56.52
  • Close to Original List Price Ratio: 0.86667
  • Ratio: Current Price\Building Area Total: 49.43
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Microwave Hood, Oven, Range, Range Hood
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 1
  • Street Number Modifier: 1511
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Gunite, Outside Bath Access
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Somerset
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0320G
  • Disclosures: Condominium Disclosure Available, Lead Paint

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Guest, Parking Pad
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Water Access
  • Association Fee: 423
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5076
  • Monthly HOA Fee: 423
  • Total Monthly Fees: 423

Lot Info

  • Zoning: PUD
  • Parcel Number: 24-28-32-263510-001030
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 567
  • Tax Block: A
  • Tax Book Number: 1-91
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2020
Sold by
Benton Christine Rachel
Bought by
Thornton Chrystal Shellette
Current Estimated Value
$238,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$127,094
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$116,071

Purchase Details

Listed on
Dec 26, 2017
Closed on
Feb 23, 2018
Sold by
Richard Joshua and Vandivier Alyssa Renee
Bought by
Leiva Christine
Seller's Agent
Jan Piper
DALTON WADE INC
Buyer's Agent
Christine Benton
S & D REAL ESTATE SERVICE LLC
List Price
$120,000
Sold Price
$104,000
Premium/Discount to List
-$16,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$70,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2011
Sold by
Vande Voort Kay
Bought by
Richard Joshua and Vandivier Alyssa Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,808
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2005
Sold by
Wolfgang Clement J
Bought by
Santiago Martin J and Santiago Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 11, 1997
Sold by
Mckenney Annica Mc
Bought by
Losch Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 1996
Sold by
Royster Henry G
Bought by
Mckenney Annica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,900
Interest Rate
7.29%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Thornton Chrystal Shellette $150,000 North American Title Company
Leiva Christine $104,000 Rp Title And Escrow Llc
Richard Joshua -- Rp Title And Escrow Llc
Richard Joshua -- None Available
Vande Voort Kay -- None Available
Vande Voort Kay Craig $65,000 Talon Title Services Llc
Santiago Martin J $110,000 Integrity First Title Llc
Losch Christine L $66,700 --
Mckenney Annica $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Chrystal Shellette $142,500
Previous Owner Benton Christine Rachel $71,600
Previous Owner Benton Christine $73,346
Previous Owner Leiva Christine $70,000
Previous Owner Vande Voort Kay $65,808
Previous Owner Santiago Martin J $99,000
Previous Owner Mckenney Annica $81,000
Previous Owner Mckenney Annica $60,000
Previous Owner Mckenney Annica $56,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $104,000 -13.3% $57 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
12/26/2017 12/26/17 For Sale $120,000 -- $65 / 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 $573 $213,500 $100 $213,400
2024 $569 $73,040 -- --
2023 $569 $70,913 $0 $0
2022 $563 $68,848 $0 $0
2021 $571 $66,843 $0 $0
2020 $656 $76,632 $0 $0
2019 $639 $74,909 $0 $0
2018 $569 $62,430 $0 $0
2017 $564 $61,146 $0 $0
2016 $567 $59,888 $0 $0
2015 $576 $59,472 $0 $0
2014 $533 $59,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: L4724677

Stellar MLS

APN: 24-28-32-263510-001030