NOT LISTED FOR SALE

2803 State Road 557 Lake Alfred, FL 33850

Estimated Value: $509,000 - $562,912

5 Beds
2 Baths
2,958 Sq Ft
$180/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $475,000 $161 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,866/month

85 Days on Market

Highlights

  • Oak Trees
  • Screened Pool
  • Deck
  • Freedom 7 Elementary School of International Studies Rated A-
  • 1 Acre Lot
  • Family Room with Fireplace

About This Home

As of June 2023

Bring your boat, RV, and all your toys to this private estate including a SCREEN ENCLOSED POOL, FIREPLACE, DETACHED WORKSHOP WITH WATER AND ELECTRIC, GENERATOR HOOKUP, AND SO MUCH MORE!!! Recent updates include completely remodeled kitchen, new double pane windows installed 2017, updated bathrooms, updated pool pump, new 5 ton AC unit installed 2018, new roof on the workshop in 2019, new well in 2020! Enjoy the small town pace Lake Alfred provides while still having tons of shopping, dining, and entertainment all nearby. This tree-lined 1 ACRE site provides a private oasis where you can entertain family and friends year-round. Stepping through the double entry doors into the foyer, you will love the open concept of the main living areas. The family room features a large stone fireplace and is open to the dining area. There is a tucked away flex room, perfect for a home office, pet play space, or reading nook! The heart of the home is the remodeled kitchen including stainless steel appliances, granite countertops, solid wood cabinets, prep island, two huge pantries, recessed lighting, and bar overflow seating for guests. The main bedroom suite is enormous with French door access to the screened lanai, walk-in closet, and en-suite bathroom with all the amenities from the makeup counter to the updated walk in shower. There are FOUR additional guest bedrooms plus an upgraded guest bathroom with granite topped vanity and a tub/shower combo. The lanai can accommodate just about any sized BBQ or party and a dip in the screen enclosed pool is just steps away. The workshop has 2 separate bays covering 960sf so you have plenty of storage to house a dream collection of tools. Schedule your private viewing today and experience all this incredible estate has to offer!!!

Last Agent to Sell the Property

Casandra Vann

KELLER WILLIAMS REALTY SMART License #3078575 Listed on: 02/06/2023

KELLER WILLIAMS REALTY SMART

Last Buyer's Agent

Julie Herman

COLDWELL BANKER REALTY License #3302100

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,183

Year Built

  • Built in 1978

Lot Details

  • 1 Acre Lot
  • West Facing Home
  • Fenced
  • Mature Landscaping
  • Level Lot
  • Oak Trees
  • Property is zoned RC

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,958 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Ventilation

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Deck
  • Screened Patio
  • Separate Outdoor Workshop
  • Breezeway
  • Porch

Schools

  • Lake Alfred Elementary School
  • Stambaugh Middle School
  • Auburndale High School

Utilities

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

Community Details

  • No Home Owners Association
  • Acreage & Unrec Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,183

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: Yes
  • Living Area: 2958
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 3574
  • Lot Size Sq Ft: 43560
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 332.04
  • Escrow City: Lakeland
  • Escrow State: FL
  • Escrow Street Name: E Pine St, Suite #11
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 160.58
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Stories: 1
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Family Room,Inside Utility
  • Living Area Meters: 274.81

Exterior Features

  • Direction Faces: West
  • Other Structures: Workshop
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: French Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer to verify.
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Lake Alfred Elem
  • High School: Auburndale High School
  • Middle Or Junior School: Stambaugh Middle

Lot Info

  • Zoning: RC
  • Parcel Number: 26-27-17-000000-032090
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Level, Paved
  • Flood Zone Code: X

Green Features

  • Green Indoor Air Qlty: Ventilation

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to verify.

Tax Info

  • Tax Annual Amount: 3183.47
  • Tax Book Number: P-81
  • Tax Lot: 24

Multi Family

  • Approval Process: Buyer to verify.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Jun 16, 2023
Sold by
Weaver Jana and Weaver Kenneth E
Bought by
Robertson Ryan Paul and Martinez Melissa Jasmine
Seller's Agent
Casandra Vann
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Julie Herman
COLDWELL BANKER REALTY
List Price
$550,000
Sold Price
$475,000
Premium/Discount to List
-$75,000
-13.64%
Views
65
Current Estimated Value
$532,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,478
Avg. Annual Appreciation
4.77%
Original Mortgage
$475,000
Outstanding Balance
$462,298
Interest Rate
6.39%
Mortgage Type
VA
Estimated Equity
$70,180

Purchase Details

Closed on
Dec 18, 2015
Sold by
Parker Isabella B
Bought by
Weaver Kenneth E and Weaver Jana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.98%

Purchase Details

Closed on
Jul 20, 2010
Sold by
Federal National Mortgage Association
Bought by
Parker Isabella B

Purchase Details

Closed on
Nov 9, 2009
Sold by
Powers Kathy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 21, 2003
Sold by
Tolley Robert D
Bought by
Powers Kathy and Powers Darin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,863
Interest Rate
5.82%

Purchase Details

Closed on
Mar 8, 1999
Sold by
Purkey Randy G and Purkey Celinda S
Bought by
Tolley Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.79%

Purchase Details

Closed on
Sep 2, 1998
Sold by
Randolph Eva L
Bought by
Purkey Randy G and Purkey Celinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Robertson Ryan Paul $475,000 Easy Title Services
Weaver Kenneth E $235,000 Attorney
Parker Isabella B $143,000 Watson Title Ins Agency Inc
Federal National Mortgage Association -- None Available
Powers Kathy $145,000 --
Tolley Robert D $128,900 --
Purkey Randy G $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson Ryan Paul $475,000
Previous Owner Weaver Kenneth E $188,000
Previous Owner Powers Kathy $143,863
Previous Owner Purkey Randy G $100,000
Previous Owner Purkey Randy G $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2023 06/16/23 Sold $475,000 0.0% $161 / Sq Ft
05/03/2023 05/03/23 Pending -- -- --
04/11/2023 04/11/23 Price Changed $475,000 -4.8% $161 / Sq Ft
03/20/2023 03/20/23 Price Changed $499,000 -5.0% $169 / Sq Ft
02/20/2023 02/20/23 Price Changed $525,000 -4.5% $177 / Sq Ft
02/06/2023 02/06/23 For Sale $550,000 -- $186 / 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 $650 $388,408 $27,000 $361,408
2024 $3,277 $396,876 $27,000 $369,876
2023 $3,277 $251,025 $0 $0
2022 $3,183 $243,714 $0 $0
2021 $3,206 $236,616 $0 $0
2020 $3,163 $233,349 $0 $0
2018 $3,092 $223,850 $0 $0
2017 $3,015 $219,246 $0 $0
2016 $2,972 $214,737 $0 $0
2015 $2,135 $179,606 $0 $0
2014 $2,357 $178,181 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4934930

Stellar MLS

APN: 26-27-17-000000-032090