NOT LISTED FOR SALE

2240 Banana Rd Lakeland, FL 33810

Estimated Value: $335,000 - $395,000

4 Beds
2 Baths
1,904 Sq Ft
$188/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $260,000 $137 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,226/month

58 Days on Market

Highlights

  • In Ground Pool
  • Separate Formal Living Room
  • Sun or Florida Room
  • Lincoln Avenue Academy Rated A-
  • Bonus Room
  • Stone Countertops

About This Home

As of April 2019

WOW, over an ACRE of land, a remodeled home, a pool & with no HOA or DEED restrictions! Spread out on this great piece of land, build a workshop, or bring your boat/rv & trucks. Not only is the acreage fantastic but the entire home has been extensively renovated. This 4 bedroom, 2 bathroom home features a bonus room that would be great for a home office or 4th bedroom, indoor laundry and a nice size family room and formal dining room. The kitchen reflects new granite counter-tops, new cabinets & stainless-steel appliances, and both bathrooms have been renovated, complete with new tile flooring. The home also has a fresh coat of interior/exterior paint, new tile and carpeting, a new roof, new windows and much more. Exterior features include a 2 car carport, a pool with a nice size pool deck, a covered back patio, a fenced-in yard and gorgeous trees throughout the property. This home has everything you could want & still offers room for expansion. This great property will not last long. USDA eligible with little to no money down for qualified buyers, call for details!

Last Agent to Sell the Property

Gregory Wilhelm

PORCHLIGHT HOMES LLC License #457250 Listed on: 01/18/2019

Last Buyer's Agent

Gladys Falcon

LUXURY REAL ESTATE GROUP LLC License #3091278

LUXURY REAL ESTATE GROUP LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1959

Lot Details

  • 1.01 Acre Lot
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • 2 Lots in the community
  • Property is zoned RC

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,904 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Separate Formal Living Room
  • Bonus Room
  • Sun or Florida Room
  • Inside Utility
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Pool Tile

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Commercial Banana Plantation Dev 01 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,522

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1904
  • Lot Size Acres: 1.01
  • New Construction: No
  • Year Built: 1959
  • Lot Size Sq Ft: 44165
  • Number Of Lots: 2
  • Directions to Property: From HWY 98N head west on Banana Road, property will be on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4905658&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4905658&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00019
  • Price per Sq Ft: 136.55
  • Close to Original List Price Ratio: 1.00019
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Stone Counters
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 2240
  • Room Count: 3
  • Additional Rooms: Bonus Room, Family Room, Florida Room, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground, Tile
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0163G
  • Disclosures: Lead Paint, Other

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RC
  • Parcel Number: 23-27-10-000800-001091
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2522
  • Tax Block: A
  • Tax Book Number: 7-47
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
Apr 26, 2019
Sold by
Megg Investments Of Polk Llc
Bought by
Cruz Jacqueline
Seller's Agent
Gregory Wilhelm
PORCHLIGHT HOMES LLC
Buyer's Agent
Gladys Falcon
LUXURY REAL ESTATE GROUP LLC
List Price
$259,950
Sold Price
$260,000
Premium/Discount to List
$50
0.02%
Current Estimated Value
$357,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,123
Avg. Annual Appreciation
5.00%
Original Mortgage
$255,290
Outstanding Balance
$224,678
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$132,445

Purchase Details

Listed on
Aug 6, 2018
Closed on
Oct 18, 2018
Sold by
Stone Jeffrey C
Bought by
Megg Investments Of Polk Llc
Seller's Agent
Dawna Stone
PROPERTY SHOPPE OF CENTRAL FL
Buyer's Agent
Dawna Stone
PROPERTY SHOPPE OF CENTRAL FL
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
380.06%

Purchase Details

Listed on
Aug 6, 2018
Closed on
Oct 10, 2018
Sold by
Phillips Teresa A
Bought by
Stone Jeffrey C and Kay C Stone Residuary Trust
Seller's Agent
Dawna Stone
PROPERTY SHOPPE OF CENTRAL FL
Buyer's Agent
Dawna Stone
PROPERTY SHOPPE OF CENTRAL FL
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Source: Public Records

Range of Values:

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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
Cruz Jacqueline $260,000 Insured Re Ttl Svcs Inc
Megg Investments Of Polk Llc $115,000 Attorney
Stone Jeffrey C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Jacqueline $255,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2019 04/26/19 Sold $260,000 0.0% $137 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $259,950 +126.0% $137 / Sq Ft
10/19/2018 10/19/18 Sold $115,000 -8.0% $76 / Sq Ft View Prior Sale
08/06/2018 08/06/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $125,000 -- $82 / 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 $4,279 $291,824 $75,178 $216,646
2024 $4,320 $282,838 $48,820 $234,018
2023 $4,320 $272,300 $0 $0
2022 $3,920 $247,545 $0 $0
2021 $3,566 $225,041 $31,138 $193,903
2020 $3,418 $214,090 $30,134 $183,956
2018 $2,520 $146,853 $27,417 $119,436
2017 $1,039 $84,311 $0 $0
2016 $1,000 $82,577 $0 $0
2015 $664 $82,003 $0 $0
2014 $939 $81,352 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gregory Wilhelm

    PORCHLIGHT HOMES LLC

    (863) 529-3369

    24 Total Sales

    Gregory Wilhelm
    Section Image
  • Gladys Falcon

    Buyer's Agent in 2019

    Gladys Falcon

    LUXURY REAL ESTATE GROUP LLC

    (863) 812-1771

    14 Total Sales

    Gladys Falcon
    Section Image
  • Dawna Stone

    Seller's Agent in 2018

    Dawna Stone

    PROPERTY SHOPPE OF CENTRAL FL

    (863) 398-7471

    59 Total Sales

    Dawna Stone
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4905658

Stellar MLS

APN: 23-27-10-000800-001091

Florida Polk County Lakeland 33810

2240 Banana Rd, Lakeland, FL

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.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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