NOT LISTED FOR SALE

3022 Highlands By the Lake Way Lakeland, FL 33812

Estimated Value: $1,043,000 - $2,061,463

6 Beds
6.5 Baths
5,713 Sq Ft
$286/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $1,100,000 $193 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,925/month

117 Days on Market

Highlights

  • Lake Front
  • Boat Slip Deeded
  • Screened Pool
  • Lincoln Avenue Academy Rated A-
  • Fitness Center
  • Media Room

About This Home

As of April 2015

WATERFRONT WONDER - gorgeous one-owner custom home in gated community of Highlands by the Lake located on Banana Lake. This beautiful home boasts a range of upgrades seldom found in any home on three levels. 100% tile or marble flooring throughout (with exception of the media room), all formal rooms and master suite are on the main level. The kitchen boasts top of the line appliances, dual built-in refrigerator & freezer, dual built-in ovens, walk-in pantry and two islands for plenty of food prep space to accommodate the largest of gatherings. The oversized master suite has built-in bookshelves, a full seating area to relax in private and fully customized walk-in closet PLUS the adjacent master bath rivals any high-end spa resort. All bedrooms have adjacent private bathrooms and large closets. Other rooms include a private office/study with built-in partners desk and bookshelves, game room with full wet bar and a media room with full 8 person seating with all AV equipment included! Recently repainted exterior and the pavers the circular driveway, lanai, pool deck and upstairs balcony all recently cleaned and sealed. The two story pool screen enclosure and large "L-shaped" lanai and upstairs balcony afford unrivaled views of the lake beyond. The private dock provides access to one of the few recreational lakes in SE Lakeland that allow for boating and skiing. This magnificent beauty truly has something for everyone . . . . could that someone be you?

Last Agent to Sell the Property

Jeri Thom

PREMIER REALTY NETWORK, INC License #659514 Listed on: 10/20/2014

Co-Listed By

Sandy Frazier

PREMIER REALTY NETWORK, INC License #3105329

Last Buyer's Agent

Joan Klein-Kane

S & D REAL ESTATE SERVICE LLC

S & D REAL ESTATE SERVICE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,604

Year Built

  • Built in 2004

Lot Details

  • 0.93 Acre Lot
  • Lake Front
  • Mature Landscaping
  • Private Lot
  • Level Lot
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,713 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Media Room
  • Den
  • Bonus Room
  • Game Room
  • Storage Room
  • Inside Utility
  • Lake Views
  • Security System Owned

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Access To Lake
  • Water Skiing Allowed
  • Boat Slip Deeded
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

  • Highland Grove Elementary School
  • Lakeland Highlands Middl Middle School
  • George Jenkins High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 24-29-10-280559-001300

Community Details

Overview

  • Association fees include pool, escrow reserves fund, private road, recreational facilities
  • Highlands By The Lake Ph 01 & Ph 02 Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,604

Year Built

Built in 2004

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 5713
  • Lot Size Acres: 0.93
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 8495
  • Lot Size Sq Ft: 40685
  • Status: Sold
  • Co List Office Mls Id: MFR265500488
  • Co List Office Phone: 863-646-6688
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 192.54
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 1
  • Tax Year: 2014
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Marble
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Dry Bar, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: Three Or More
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Breakfast Room Separate,Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Foyer,Game Room,Inside Utility,Media Room,Storage Rooms

Exterior Features

  • Pool Features: Gunite, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: French Doors, Sliding Doors, Balcony, Irrigation System, Outdoor Shower, Rain Gutters
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: BANANA LAKE
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Lake
  • Water Extras: Dock - Slip Deeded On-Site,Skiing Allowed
  • Water View: Lake
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side, Oversized

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Water Source: Canal/Lake For Irrigation, Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Gated, Pool, Tennis Courts, Waterfront Complex
  • Association Amenities: Fitness Center, Gated, Tennis Court(s)
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community, Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 83.33

Schools

  • Elementary School: Highland Grove Elem
  • High School: George Jenkins High
  • Middle Or Junior School: Lakeland Highlands Middl

Lot Info

  • Zoning: RES
  • Parcel Number: 24-29-10-280559-001300
  • Additional Parcels: No
  • Lot Features: In County, Level, Private

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 12604
  • Tax Book Number: 104-43-45
  • Tax Lot: 30

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2014
Closed on
Apr 17, 2015
Sold by
Damian Gracia M
Bought by
Min Zaw and Min Living Trust
Seller's Agent
Jeri Thom
PREMIER REALTY NETWORK, INC
Buyer's Agent
Joan Klein-Kane
S & D REAL ESTATE SERVICE LLC
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%
Current Estimated Value
$1,634,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,154
Avg. Annual Appreciation
3.79%
Original Mortgage
$832,500
Outstanding Balance
$306,750
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,327,404

Purchase Details

Closed on
May 23, 2012
Sold by
Prisbe Robert M
Bought by
Damian Gracia M

Purchase Details

Closed on
Jul 31, 1997
Sold by
R F H Iii Inc
Bought by
Wood Lynn A and Wood Jane S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Min Zaw $1,100,000 None Available
Damian Gracia M -- Attorney
Wood Lynn A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Min Zaw $832,500
Previous Owner Wood Lynn A $798,952
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $1,100,000 -- --
04/17/2015 04/17/15 Sold $1,100,000 -6.4% $193 / Sq Ft
02/15/2015 02/15/15 Pending -- -- --
10/20/2014 10/20/14 For Sale $1,175,000 -- $206 / 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 $14,953 $1,170,952 -- --
2024 $14,592 $1,137,951 -- --
2023 $14,592 $1,104,807 $0 $0
2022 $14,283 $1,072,628 $0 $0
2021 $14,438 $1,041,386 $0 $0
2020 $14,336 $1,027,008 $0 $0
2018 $14,431 $995,682 $253,000 $742,682
2017 $14,887 $1,032,852 $0 $0
2016 $14,845 $1,011,608 $0 $0
2015 $13,593 $875,740 $0 $0
2014 $12,100 $796,127 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4702606

Stellar MLS

APN: 24-29-10-280559-001300