NOT LISTED FOR SALE

3166 Highlands By the Lake Way Lakeland, FL 33812

Estimated Value: $820,000 - $1,106,824

4 Beds
3.5 Baths
3,984 Sq Ft
$239/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $460,035 $115 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,751/month

57 Days on Market

Highlights

  • Indoor Pool
  • Custom Home
  • 0.9 Acre Lot
  • Lincoln Avenue Academy Rated A-
  • Gated Community
  • Deck

About This Home

As of March 2012

MULTIPLE OFFERS! SELLER REQUESTS HIGHEST AND BEST BY 01/15/2012. Recent inspection summary attached. Magnificent Lake Front Home in Prestigious Upscale Gated Community. This Beautiful Hulbert Home (Parade Of Homes)Boasts Many Upgrades and Extras Including Spacious Exquisite First Floor Master Bedroom Suite with adjoining Office or Work Out Room/ Master Bath with His/Hers Walk In Closets/Vanities/and Shower Heads/Garden Bath Tub, 3 Spacious Upstairs Bedrooms, 3 FullBaths - 2 Half Baths, THEATER ROOM with Plenty of Room for Seating, Spectacular Water Views of Banana Lake (skiing), Large Kitchen with Abundant Eating Space, Home has Many Plant Shelves/Built-In Book Shelves/Niches & Storage, Beautiful Screened Pool Area, over sized 3 Car Garage!

Last Agent to Sell the Property

Patrick OReilly

License #3082228 Listed on: 11/29/2011

Last Buyer's Agent

Ravi Pasumarthi

FUTURE HOME REALTY INC License #3182785

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,389

Year Built

  • Built in 1999

Lot Details

  • 0.9 Acre Lot
  • Mature Landscaping
  • Property is zoned R1

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Custom Home
  • Bi-Level Home
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,984 Sq Ft Home
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Indoor Pool
  • Spa

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Schools

  • Valleyview Elementary School
  • Lakeland Highlands Middl Middle School
  • George Jenkins High School

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 24-29-10-280559-001220

Community Details

Overview

  • Highlands By The Lake Ph I And Ph II Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,389

Year Built

Built in 1999

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Brick
  • Fireplace: No
  • Living Area: 3984
  • Lot Size Acres: 0.9
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 5525
  • Lot Size Sq Ft: 39297
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Subdivision Num: 280559
  • Ratio: Close Price\List Price: 1.04577
  • Price per Sq Ft: 115.47
  • Close to Original List Price Ratio: 1.04577
  • Ratio: Current Price\Building Area Total: 83.26
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2010
  • Special Features: 20

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Crown Molding, Eating Space In Kitchen, Other, Tray Ceiling(s), Vaulted Ceiling(s)
  • Appliances Included: Range
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Room Count: 8
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Indoor
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Heating: None
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Amenities: Gated
  • Association Fee: 1000
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1000
  • Total Monthly Fees: 83.33

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 24-29-10-280559-001220
  • Additional Parcels: No
  • Millage Rate: 15.85
  • Future Land Use: 0030
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-03-30T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 7389
  • Tax Book Number: 0104/0043
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2018
Sold by
Nakka Vijay
Bought by
Nakka Susuma
Current Estimated Value
$953,608

Purchase Details

Listed on
Nov 29, 2011
Closed on
Feb 21, 2012
Sold by
Suntrust Bank
Bought by
Nakka Vilay and Nakka Sushma
Seller's Agent
Patrick OReilly
Buyer's Agent
Ravi Pasumarthi
FUTURE HOME REALTY INC
List Price
$460,035
Sold Price
$460,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$368,028
Outstanding Balance
$44,838
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$908,770

Purchase Details

Closed on
Nov 4, 2011
Sold by
Moore Andrew R and Moore Michelle M
Bought by
Suntrust Bank

Purchase Details

Closed on
Sep 28, 2011
Sold by
Moore Andrew R and Moore Michelle M
Bought by
Suntrust Bank

Purchase Details

Closed on
May 10, 2001
Sold by
R F H Iii Inc
Bought by
Mehanna F G and Mehanna Gaye V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 23, 1998
Sold by
Ellsworth Suzanne M
Bought by
Moore Andrew R and Moore Michelle M

Purchase Details

Closed on
Jun 23, 1998
Sold by
R F H Iii Inc
Bought by
Matthews Randall C and Matthews Amy L

Purchase Details

Closed on
Sep 19, 1997
Sold by
R F H Iii Inc
Bought by
Ellsworth Suzanne M
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
Nakka Susuma -- Attorney
Nakka Vilay $460,035 Boston National Title Agency
Suntrust Bank -- None Available
Suntrust Bank $270,100 Attorney
Mehanna F G $94,900 --
R F H Iii Inc -- --
Moore Andrew R $169,000 --
Matthews Randall C $65,000 --
Ellsworth Suzanne M $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakka Vilay $368,028
Previous Owner Ellsworth Suzanne M $250,000
Previous Owner Ellsworth Suzanne M $97,595
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $460,035 0.0% $115 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
11/28/2011 11/28/11 For Sale $460,035 -- $115 / 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 $7,822 $604,022 -- --
2024 $7,575 $586,999 -- --
2023 $7,575 $569,902 $0 $0
2022 $7,385 $553,303 $0 $0
2021 $7,379 $531,848 $0 $0
2020 $7,314 $524,505 $0 $0
2019 $7,323 $512,713 $0 $0
2018 $7,252 $503,153 $0 $0
2017 $7,066 $492,804 $0 $0
2016 $7,026 $482,668 $0 $0
2015 $6,684 $479,313 $0 $0
2014 $6,776 $475,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Patrick OReilly

  • R

    Buyer's Agent in 2012

    Ravi Pasumarthi

    FUTURE HOME REALTY INC

    (813) 855-4982

    1 in this area

    3 Total Sales

    Ravi Pasumarthi
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Map

Source: Stellar MLS

MLS Number: L4633903

Stellar MLS

APN: 24-29-10-280559-001220

Florida Polk County Lakeland 33812

3166 Highlands By the Lake Way, Lakeland, FL

Not Listed for Sale

Detached

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