NOT LISTED FOR SALE

1521 Banks Place Lakeland, FL 33803

Camphor Neighborhood

Estimated Value: $274,543 - $324,000

3 Beds
2 Baths
1,376 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 01, 2018

Last sale price $80,000 $58 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $1,808/month

56 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Lincoln Avenue Academy Rated A-
  • No HOA
  • 5-minute walk to Dobbins Park

About This Home

As of March 2018

3-Bedroom, 2-bath home on quiet street, just off Florida Avenue in historic downtown. Great central location. The home has a screened front porch, a storage shed, and inside utility room. Fireplace is located in the family room. No FHA offers. Home is being sold "AS IS"

Last Agent to Sell the Property

Marc Rachlin

PORCHLIGHT HOMES LLC License #3228814 Listed on: 10/26/2017

Last Buyer's Agent

Beth Guskay

XCELLENCE REALTY, INC License #3339988

XCELLENCE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 1925

Lot Details

  • 5,500 Sq Ft Lot
  • Lot Dimensions are 55.0x100.0
  • Land Lease expires 11/30/17

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,376 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Crawl Space
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Volunteer Hghts Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,083

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1376
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 1530
  • Lot Size Sq Ft: 5500
  • Directions to Property: South Florida Avenue, West on Lenox Street, then south on Banks Place. Home will be on the West side of the street.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4723773&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4723773&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 134000
  • Ratio: Close Price\List Price: 0.97561
  • Price per Sq Ft: 58.14
  • Close to Original List Price Ratio: 0.97561
  • Ratio: Current Price\Building Area Total: 52.29
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1521
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: 0
  • Parcel Number: 23-28-25-134000-001050
  • Additional Parcels: No
  • Lot Features: City Lot
  • Lot Dimensions: 55.0X100.0
  • Millage Rate: 19.92
  • Flood Zone Code: ANI
  • Future Land Use: 0350
  • Land Lease Expiration Date: 2017-11-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 800
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 1083
  • Tax Block: A
  • Tax Book Number: 0007/0049
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Feb 28, 2018
Sold by
Fall River Wrecker And Speedometer Llc
Bought by
Mccabe James Michael and Mccabe Sarah Brooke
Seller's Agent
Marc Rachlin
PORCHLIGHT HOMES LLC
Buyer's Agent
Beth Guskay
XCELLENCE REALTY, INC
List Price
$82,000
Sold Price
$80,000
Premium/Discount to List
-$2,000
-2.44%
Current Estimated Value
$303,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,136
Avg. Annual Appreciation
17.25%
Original Mortgage
$78,551
Outstanding Balance
$69,201
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$196,335

Purchase Details

Listed on
Oct 27, 2013
Closed on
Mar 4, 2014
Sold by
Tll Of Polk County Llc
Bought by
1521 Banks Place Land Trust #022514 and Fall River Wrecker & Speedometer Llc
Seller's Agent
Gregory Wilhelm
PORCHLIGHT HOMES LLC
Buyer's Agent
Gregory Wilhelm
PORCHLIGHT HOMES LLC
List Price
$49,950
Sold Price
$32,000
Premium/Discount to List
-$17,950
-35.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.74%
Original Mortgage
$30,000
Interest Rate
4.43%

Purchase Details

Closed on
Dec 30, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Tll Of Polk County Llc

Purchase Details

Closed on
Dec 14, 2009
Sold by
Sharrett Ward Frances and Ward Frances S
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 5, 2005
Sold by
Sharrett Clarence E and Sharrett Hilda F
Bought by
Ward Frances Sharrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,844
Interest Rate
8.3%

Purchase Details

Closed on
Mar 29, 2005
Sold by
Sharrett Clarence E and Sharrett Hilda F
Bought by
Ward Frances Sharrett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,844
Interest Rate
8.3%
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
Mccabe James Michael $80,000 Home Solution Title Inc
1521 Banks Place Land Trust 22514 -- Home Solution Title Inc
1521 Banks Place Land Trust #022514 -- None Available
Tll Of Polk County Llc $43,500 Florida Premier Title & Escr
Deutsche Bank National Trust Company -- None Available
Ward Frances Sharrett -- K E L Title Ins Agency Inc
Ward Frances Sharrett -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccabe James Michael $78,551
Previous Owner 1521 Banks Place Land Trust #022514 $30,000
Previous Owner Ward Frances Sharrett $64,844
Previous Owner Sharrett Clarence Edward $48,500
Previous Owner Sharrett Clarence Edward $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2018 03/01/18 Sold $80,000 -2.4% $58 / Sq Ft
12/22/2017 12/22/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $82,000 +156.3% $60 / Sq Ft
03/03/2014 03/03/14 Sold $32,000 -19.9% $23 / Sq Ft
02/26/2014 02/26/14 Pending -- -- --
11/14/2013 11/14/13 Price Changed $39,950 -20.0% $29 / Sq Ft
10/27/2013 10/27/13 For Sale $49,950 -- $36 / 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 $2,023 $116,677 -- --
2024 $1,916 $106,070 -- --
2023 $1,916 $96,427 $0 $0
2022 $1,691 $87,661 $0 $0
2021 $1,507 $79,692 $25,526 $54,166
2020 $1,391 $72,971 $24,525 $48,446
2018 $1,218 $64,724 $23,524 $41,200
2017 $1,084 $55,083 $0 $0
2016 $1,045 $50,713 $0 $0
2015 $938 $46,103 $0 $0
2014 $803 $42,682 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Marc Rachlin

    PORCHLIGHT HOMES LLC

    (863) 686-7888

    12 Total Sales

    Marc Rachlin
    Section Image

  • B

    Buyer's Agent in 2018

    Beth Guskay

    XCELLENCE REALTY, INC

    (863) 670-6918

    36 Total Sales

    Beth Guskay
    Section Image

  • G

    Seller's Agent in 2014

    Gregory Wilhelm

    PORCHLIGHT HOMES LLC

    (863) 529-3369

    1 in this area

    24 Total Sales

    Gregory Wilhelm
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4723773

Stellar MLS

APN: 23-28-25-134000-001050

Florida Polk County Lakeland 33803 Camphor

1521 Banks Place, Lakeland, FL

This home is located at 1521 Banks Place, Lakeland, FL 33803 since 26 October 2017 and is currently estimated at $303,136, approximately $220 per square foot. This property was built in 1925. 1521 Banks Place is a home located in Polk County with nearby schools including Dixieland Elementary School, Rochelle School Of The Arts, and Winston Academy of Engineering.

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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