NOT LISTED FOR SALE

18716 Lithia Towne Rd Lithia, FL 33547

Estimated Value: $1,067,000 - $1,644,000

5 Beds
4 Baths
4,719 Sq Ft
$298/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $1,560,000 $331 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $9,203/month

About This Home

As of September 2023

This CUSTOM Southern Traditional estate that was built for the owner is hard to describe in a short amount of words! Let’s start with some of the BIG TICKET items that have been recently replaced; NEW ROOF IN 2022, 27KW SOLAR POWER SYSTEM, WHOLE HOUSE SURGE PROTECTION, NEW WATER SOFTER, CHLORINE INJECTION SYSTEM AND REPLACED DRAIN FIELD… WOW! As if that isn’t enough to peek your interest already, this home is totally GREEN! With 75 solar panels feeding to TECO, there will almost never be an electric bill! Does it get any better than that?! The location is PRIME with 5 acres of pristine, level land, this home is zoned for agricultural! A NEW HORSE FENCE surrounds this amazing estate and is nestled behind a BRAND-NEW electric gate! This is the perfect opportunity to start the homestead you have always dreamed of! Take a tour of this grand design and immediately notice there was NO detail overlooked, this home was built for easy living and boasts the technology and design to make it so! Every corner exudes a mastery of craftsmanship that will steal your heart away! From the moment you set foot on the oak hardwood floors you’ll know you are home! This home features a rare four-way split floor plan featuring 5 bedrooms, 3.5 baths, office, bonus room and OVERSIZED 5 car garage! The kitchen is a true masterpiece! This gourmet kitchen showcases built-in Thermador appliances, two dishwashers with cabinet fronts, and a remolded walk-in pantry! Adjacent to the kitchen is a spacious great room that will capture your heart with its panoramic views of the pool and backyard! 14' vaulted tongue and groove ceiling and wood/gas fireplace becomes the cherished gathering spot for memorable events and cherished family time! The primary suite has been carefully curated to provide an unparalleled living experience! From the richness of the oak hardwood floors and gas fireplace to the thoughtful design of the walk-in closets and the sheer indulgence of the oversized en-suite bath, this is a haven where luxury meets functionality! Four additional spacious bedrooms all feature walk-in closets and en-suite baths! An oversized laundry room embraces practicality with an abundance of cabinetry and counter space, supplemented by a walk-in closet for all your additional storage needs! CUSTOM saltwater pool and spa offer a glimpse of resort-like luxury with pavered stone, two waterfalls, outdoor kitchen plus an outdoor area featuring a NEW pergola and fireplace! Oversized four-car garage, connected to the main residence through a stunning indoor breezeway! Here, custom cabinetry and a slat wall offer sufficient storage! An additional covered area outside provides shelter for your cars, boats, and all your beloved toys! This home is located one hour from beaches and Disney! Zoned for Great Schools! Come see it today, before it’s too late!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Sep 29, 2023
Sold by
Newman Laurence B and Newman Brenda S
Bought by
Lanier Kenneth W and Lanier Khia W
Seller's Agent
Brenda Wade
SIGNATURE REALTY ASSOCIATES
Buyer's Agent
Kandice Barber
COLDWELL BANKER REALTY
List Price
$1,750,000
Sold Price
$1,560,000
Premium/Discount to List
-$190,000
-10.86%
Views
77
Current Estimated Value
$1,407,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$152,201
Avg. Annual Appreciation
-5.00%
Original Mortgage
$1,184,625
Interest Rate
7.09%
Mortgage Type
VA

Purchase Details

Listed on
Feb 22, 2018
Closed on
Dec 27, 2018
Sold by
Pollock George A and Pollock Jane
Bought by
Newman Laurence B and Newman Brenda S
Seller's Agent
Brenda Wade
SIGNATURE REALTY ASSOCIATES
Buyer's Agent
Brenda Wade
SIGNATURE REALTY ASSOCIATES
List Price
$1,125,000
Sold Price
$895,000
Premium/Discount to List
-$230,000
-20.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$671,250
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2007
Sold by
Benigni Michael J and Benigni Laura L
Bought by
Pollock George A and Pollock Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 11, 2005
Sold by
Jhl Investments Llc
Bought by
Wcl Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,925
Interest Rate
5.6%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Lanier Kenneth W $1,560,000 All American Title
Newman Laurence B $895,000 All American Title Affiliate
Pollock George A $990,000 Southern Title Hldg Co Llc
Wcl Development Inc $155,000 Alday Donalson Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanier Kenneth W $1,184,625
Previous Owner Newman Laurence B $671,250
Previous Owner Pollock George A $650,000
Previous Owner Wcl Development Inc $113,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $1,560,000 -7.7% $331 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
06/22/2023 06/22/23 Price Changed $1,690,000 -3.4% $358 / Sq Ft
05/19/2023 05/19/23 For Sale $1,750,000 +95.5% $371 / Sq Ft
12/27/2018 12/27/18 Sold $895,000 -0.4% $190 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
10/11/2018 10/11/18 Price Changed $899,000 -9.6% $191 / Sq Ft
06/13/2018 06/13/18 Price Changed $995,000 -5.2% $211 / Sq Ft
05/15/2018 05/15/18 Price Changed $1,050,000 -4.1% $223 / Sq Ft
04/10/2018 04/10/18 Price Changed $1,095,000 -2.7% $232 / Sq Ft
02/22/2018 02/22/18 For Sale $1,125,000 -- $238 / Sq Ft

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 $20,499 $1,175,298 $272,000 $903,298
2023 $9,577 $546,114 $0 $0
2022 $9,252 $530,208 $0 $0
2021 $9,098 $514,765 $0 $0
2020 $8,784 $497,172 $0 $0
2019 $8,504 $480,192 $0 $0
2018 $7,372 $424,519 $0 $0
2017 $7,288 $517,143 $0 $0
2016 $7,246 $407,235 $0 $0
2015 $7,331 $404,404 $0 $0
2014 -- $401,194 $0 $0
2013 -- $395,265 $0 $0
Source: Public Records

Agents Affiliated with this Home

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