NOT LISTED FOR SALE

2040 Martin L King Jr Ave Lakeland, FL 33805

Paul A Diggs Neighborhood

Estimated Value: $227,000 - $257,277

3 Beds
2 Baths
1,301 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $207,000 $159 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,445/month

9 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • No HOA
  • Lincoln Avenue Academy Rated A-
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of June 2021

Multiple Offers Received. Showings are no longer available. Finally! Beautiful brand new construction at an affordable price! Buyers must meet Low Income Requirement for Total Household Income capped at 80% of Local Median Income. This home is conveniently located in a quiet and peaceful neighborhood that is walking distance to Watson Clinic, Lakeland Regional Hospital, Simpson Park, Public Transportation and Shopping. There are 3 bedrooms and 2 baths with an open concept and it even has covered front and back porches to enjoy the outdoors. The home features premium finishes and upgrades including: White on White kitchen with shaker cabinets, stainless appliances and breakfast bar. There is vinyl plank flooring in the living areas and bedrooms. Tile in the bathrooms. There is recessed can lighting in the living room and premium ceiling fans in the bedrooms. The Owner's Suite has a large walk-in closet and En Suite bath with stylish tile in the walk in shower. The home also offers a large backyard that is perfect for recreational activities. Ask your Realtor or Lender about the many Down Payment Assistance Programs available for this home. Keystone Challenge Buyers welcome. Please make sure your Preapproval is under 30 days old. Click Tour 1 to take the 3D Virtual Tour. Offers will be reviewed in order received starting at 7PM on Wednesday April 7, 2021.

Last Agent to Sell the Property

Steven Ray Burnett

NUGGET REALTY License #3354867 Listed on: 03/31/2021

Last Buyer's Agent

Steven Ray Burnett

NUGGET REALTY License #3354867 Listed on: 03/31/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $112

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 55x170
  • East Facing Home

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,301 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Wendell Watson Elementary School
  • Lake Gibson Middle/Junio School
  • Lake Gibson High School

Utilities

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

Community Details

  • No Home Owners Association
  • Built by IMPECCABLE CONSTRUCTION INC

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$112

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1301
  • Lot Size Acres: 0.21
  • New Construction: Yes
  • Year Built: 2021
  • Building Area Total: 1505
  • Lot Size Sq Ft: 9148
  • Directions to Property: From I-4 exit 28 go South 1 mile on US HWY 98 N. to Tucker St. take right (East) 2 Blocks to Martin L King Jr Ave (South) 2 blocks take left on MLK Ave. arrive at 2040 MLK. For GPS use 2028 Martin Luther King Ave
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4921803?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4921803?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.035
  • Price per Sq Ft: 159.11
  • Close to Original List Price Ratio: 1.06154
  • Ratio: Current Price\Building Area Total: 137.54
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 2040
  • Room Count: 11

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch
  • 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: Driveway
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

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

Lot Info

  • Parcel Number: 23-28-01-000000-024090
  • Additional Parcels: No
  • Lot Dimensions: 55x170
  • Flood Zone Code: X

Building Info

  • Builder Name: IMPECCABLE CONSTRUCTION INC

Rental Info

  • Approval Process: Check with City of Lakeland for Rental Restrictions regarding Affordable Housing Rules.
  • Additional Lease Restrictions: Check with City of Lakeland for Rental Restrictions regarding Affordable Housing Rules.

Tax Info

  • Tax Annual Amount: 111.58
  • Tax Book Number: 10850/0163

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Jun 11, 2021
Sold by
Impeccable Construction Inc
Bought by
Sanchez Salvador Luviano
Seller's Agent
Steven Ray Burnett
NUGGET REALTY
Buyer's Agent
Steven Ray Burnett
NUGGET REALTY
List Price
$195,000
Sold Price
$207,000
Premium/Discount to List
$12,000
6.15%
Current Estimated Value
$243,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,319
Avg. Annual Appreciation
3.76%
Original Mortgage
$200,000
Outstanding Balance
$181,075
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$62,244
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
Sanchez Salvador Luviano $207,000 Swan City Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Salvador Luviano $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $207,000 +3.5% $159 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
04/09/2021 04/09/21 Price Changed $200,000 +2.6% $154 / Sq Ft
03/31/2021 03/31/21 For Sale $195,000 +1460.0% $150 / Sq Ft
05/22/2019 05/22/19 Sold $12,500 0.0% -- View Prior Sale
04/18/2019 04/18/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $12,500 -- --
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 $2,032 $164,840 -- --
2024 $1,968 $160,194 -- --
2023 $1,968 $155,528 $0 $0
2022 $1,901 $150,998 $6,776 $144,222
2021 $117 $6,160 $6,160 $0
2020 $112 $5,852 $5,852 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Ray Burnett

    Seller's Agent in 2021

    Steven Ray Burnett

    NUGGET REALTY

    (863) 529-8670

    2 in this area

    105 Total Sales

    Steven Ray Burnett
    Section Image

  • R

    Seller's Agent in 2019

    Ron Maurer

    LAKESIDE REALTY & INVEST INC

    (863) 698-9164

    8 Total Sales

    Ron Maurer
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4921803

Stellar MLS

APN: 23-28-01-000000-024090

Florida Polk County Lakeland 33805 Paul A Diggs

2040 Martin L King Jr Ave, Lakeland, FL

This home is located at 2040 Martin L King Jr Ave, Lakeland, FL 33805 since 31 March 2021 and is currently estimated at $243,319, approximately $187 per square foot. This property was built in 2021. 2040 Martin L King Jr Ave is a home located in Polk County with nearby schools including Rochelle School Of The Arts, Winston Academy of Engineering, and Lake Gibson Senior High School.

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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