NOT LISTED FOR SALE

2240 W Socrum Loop Rd Lakeland, FL 33810

Estimated Value: $640,000 - $705,755

5 Beds
3 Baths
2,695 Sq Ft
$253/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $400,000 $148 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,359/month

322 Days on Market

Highlights

  • Parking available for a boat
  • Deck
  • Attic
  • Lincoln Avenue Academy Rated A-
  • Ranch Style House
  • High Ceiling

About This Home

As of April 2020

This Ernie White built home is ready for its new owners. Situated on 3.46 acres and no HOA! There is a large kitchen that opens up to the living room. The home is split plan with high ceilings. The main garage to the house was converted into a large bedroom and full bath. The property is high and dry and has 2 large barns/workshops. One is 2648 sq ft with 2 roll up doors. The other is a RV garage that measures 20x40 with a 14 ft roll up door and has RV hookups along with electric and water. The large workshop is wired for 3 phase electric, has its own sink and bath. The workshops/garages are on separate electric meters and have their own septic tanks. There is a separate well that is capped off inside the large barn. There is zoned irrigation on the property and large front porch. There are also 2 other out buildings perfect for more storage! There is a long driveway leading to the house and includes a circular drive in the front. This home has so much to offer! USDA financing is available which means you can move in with $0 down if eligible!

Last Agent to Sell the Property

Tammy Storie

REGAL REAL ESTATE LLC License #3085009 Listed on: 05/09/2019

Last Buyer's Agent

Felicia Gaffney

XCELLENCE REALTY, INC License #3294582

XCELLENCE REALTY, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,168

Year Built

  • Built in 2004

Lot Details

  • 3.46 Acre Lot
  • North Facing Home
  • Level Lot
  • Well Sprinkler System

Parking

  • 2 Car Garage
  • Converted Garage
  • Workshop in Garage
  • Circular Driveway
  • Parking available for a boat
  • RV Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,695 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Inside Utility
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Central Living Area
  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters

Utilities

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

Additional Features

  • Pasture
  • Zoned For Horses

Community Details

  • No Home Owners Association
  • Walker Ranch Ests Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,168

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2695
  • Lot Size Acres: 3.46
  • New Construction: No
  • Year Built: 2004
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Full Bath
  • Building Area Total: 4074
  • Lot Size Sq Ft: 150717
  • Directions to Property: North on Hwy 98N. left on W Socrum Loop. Follow around to the address on the left. There is a long driveway up to the home.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4907469?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4907469?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 000710
  • Ratio: Close Price\List Price: 0.88889
  • Price per Sq Ft: 148.42
  • Close to Original List Price Ratio: 0.84211
  • Ratio: Current Price\Building Area Total: 98.18
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 2240
  • Room Count: 8
  • Additional Rooms: Attic, Formal Dining Room Separate, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage, Workshop
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Circular Driveway, Converted Garage, RV Garage, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RES
  • Parcel Number: 03-27-23-000710-000010
  • Additional Parcels: No
  • Lot Features: In County, Level, Pasture, Zoned for Horses
  • Lot Dimensions: IRREGULAR
  • Millage Rate: 15.77
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 5168
  • Tax Book Number: 0105/0022
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Apr 17, 2020
Sold by
Robbins Chad Edward
Bought by
Baker Robert J and Baker Laurie A
Seller's Agent
Tammy Storie
REGAL REAL ESTATE LLC
Buyer's Agent
Felicia Gaffney
XCELLENCE REALTY, INC
List Price
$455,000
Sold Price
$400,000
Premium/Discount to List
-$55,000
-12.09%
Current Estimated Value
$682,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,189
Avg. Annual Appreciation
9.19%

Purchase Details

Closed on
Aug 5, 2009
Sold by
Holden Morris F and Holden Barbara A
Bought by
Robbins Chad Edward

Purchase Details

Closed on
Oct 15, 2003
Sold by
Walker Robert L
Bought by
Holden Morris F and Holden Barbara A

Purchase Details

Closed on
Apr 8, 1999
Sold by
Walker Robert L
Bought by
Riley Douglas E and Riley Robin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1998
Sold by
Walker Robert L
Bought by
Propst Michael J and Propst Sherry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,338
Interest Rate
6.92%
Mortgage Type
New Conventional
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
Baker Robert J $400,000 Attorney
Robbins Chad Edward $360,000 Homeplus Title Partners Llc
Holden Morris F $75,000 --
Riley Douglas E $42,500 --
Propst Michael J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holden Morris F $75,000
Previous Owner Holden Morris F $50,000
Previous Owner Holden Morris F $185,000
Previous Owner Propst Michael J $22,000
Previous Owner Propst Michael J $46,338
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2020 04/17/20 Sold $400,000 -11.1% $148 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
01/22/2020 01/22/20 Price Changed $450,000 -1.1% $167 / Sq Ft
01/13/2020 01/13/20 For Sale $455,000 0.0% $169 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
11/13/2019 11/13/19 Price Changed $455,000 -1.1% $169 / Sq Ft
09/11/2019 09/11/19 Price Changed $460,000 -1.1% $171 / Sq Ft
08/22/2019 08/22/19 Price Changed $465,000 -0.9% $173 / Sq Ft
06/26/2019 06/26/19 Price Changed $469,000 -1.3% $174 / Sq Ft
05/09/2019 05/09/19 For Sale $475,000 -- $176 / 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 $7,785 $570,381 $128,611 $441,770
2024 $8,077 $569,292 $128,611 $440,681
2023 $8,077 $511,313 $0 $0
2022 $7,298 $464,830 $0 $0
2021 $6,181 $394,445 $81,515 $312,930
2020 $6,227 $396,855 $77,285 $319,570
2018 $5,760 $364,897 $74,306 $290,591
2017 $5,157 $315,281 $0 $0
2016 $3,781 $256,278 $0 $0
2015 $3,277 $254,497 $0 $0
2014 $3,608 $252,477 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4907469

Stellar MLS

APN: 23-27-03-000710-000010