NOT LISTED FOR SALE

5041 Shore Side Dr Lakeland, FL 33812

Estimated Value: $639,000 - $874,000

0.48 Acre
$1,550,198 Price per Acre
20,909 Sq Ft Lot

Last Sold July 22, 2016

Last sale price $185,000

Est. 336% increase in value since last sale

Current estimated payment $4,896/month

1,425 Days on Market

Highlights

  • 117 Feet of Waterfront
  • Access To Lake
  • Lake View
  • Kruse Elementary School Rated A-
  • Gated Community
  • Private Lot

About This Lot

As of July 2016

Come see what few locations have to offer!! Lots available in Water's Edge, a brand new gated subdivision off Banana Lake Road in South Lakeland. Bring your own builder and enjoy beautiful sunsets over Banana Lake. Located just off Clubhouse Rd, the subdivision features street lights, easy access to the Polk Parkway and shopping, and lakefront/lake view lots.

Last Agent to Sell the Property

Lee Saunders

LANDSEARCH LLC License #594400 Listed on: 08/23/2012

Last Buyer's Agent

Lee Saunders

LANDSEARCH LLC License #594400 Listed on: 08/23/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,811

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 117x177
  • 117 Feet of Waterfront
  • Lake Front
  • Private Lot
  • 10 Lots in the community
  • Additional Parcels

HOA Fees

  • $63 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Highland City Elementary School
  • Bartow Middle School
  • Bartow High School

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 24-29-10-280565-000090

Community Details

Overview

  • Waters Edge Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$2,811

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Lot Size Acres: 0.48
  • Lot Size Sq Ft: 21066
  • Number Of Lots: 10
  • Status: Sold
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 8.78
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 1
  • Tax Year: 2015
  • Special Features: VirtualTour

Exterior Features

  • Home Warranty: No
  • View: Water
  • Water Body Name: BANANA LAKE
  • Waterfront: Yes
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 117

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated
  • Association Amenities: Gated
  • Association Fee: 750
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Gated Community
  • Association Fee Requirement: Required

Schools

  • Elementary School: Highland City Elem
  • High School: Bartow High
  • Middle Or Junior School: Bartow Middle

Lot Info

  • Zoning: 0
  • Parcel Number: 24-29-10-280565-000090
  • Additional Parcels: Yes
  • Current Use: Single Family
  • Lot Features: In County, Paved, Private
  • Lot Dimensions: 117x177
  • Future Land Use: 0031
  • State Land Use Code: 0
  • State Property Use Code: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2811
  • Tax Book Number: 0149/0015
  • Tax Lot: 9

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
James Miller David and Houlihan Mary
Bought by
Wilson Melissa A and Sites William
Current Estimated Value
$807,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Outstanding Balance
$603,593
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$140,502

Purchase Details

Closed on
Feb 13, 2020
Sold by
Miller David James and Miller Mary Houlihan
Bought by
Currie Julie Ann and Mcavoy Megan Elizabeth

Purchase Details

Listed on
Aug 23, 2012
Closed on
Jul 22, 2016
Sold by
W E Florida Properties Llc
Bought by
Houlihan Miller David James and Houlihan Miller Mary
Seller's Agent
Lee Saunders
LANDSEARCH LLC
Buyer's Agent
Lee Saunders
LANDSEARCH LLC
List Price
$279,950
Sold Price
$185,000
Premium/Discount to List
-$94,950
-33.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%
Original Mortgage
$485,400
Interest Rate
3.6%

Purchase Details

Closed on
Jan 16, 2009
Sold by
Phoenix Development Group Of Central Flo
Bought by
W E Florida Properties Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wilson Melissa A $825,000 Robert J Stanz Pa
Currie Julie Ann -- Attorney
Houlihan Miller David James $185,000 Attorney
W E Florida Properties Llc $950,000 Executive Title Ctrl Fl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Melissa A $647,200
Previous Owner Houlihan Miller David James $485,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2016 10/20/16 Off Market $185,000 -- --
07/22/2016 07/22/16 Sold $185,000 -7.5% --
07/19/2016 07/19/16 Pending -- -- --
12/16/2015 12/16/15 Price Changed $199,950 -28.6% --
08/23/2012 08/23/12 For Sale $279,950 -- --
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 $7,020 $539,043 -- --
2024 $6,806 $523,851 -- --
2023 $6,806 $508,593 -- --
2022 $583 $421,565 $0 $0
2021 $558 $409,286 $0 $0
2020 $536 $403,635 $0 $0
2018 $504 $387,203 $0 $0
2017 $2,520 $152,200 $0 $0
2016 $3,229 $191,664 $0 $0
2015 $2,688 $174,240 $0 $0
2014 $2,471 $158,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: B4584660

Stellar MLS

APN: 24-29-10-280565-000090