NOT LISTED FOR SALE

506 W Patterson St Lakeland, FL 33803

Dixieland Neighborhood

Estimated Value: $232,000 - $259,000

2 Beds
1 Bath
1,151 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 20, 2019

Last sale price $144,900 $126 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,344/month

1 Day on Market

Highlights

  • Oak Trees
  • The property is located in a historic district
  • Property is near public transit
  • Lincoln Avenue Academy Rated A-
  • Deck
  • Wood Flooring

About This Home

As of September 2019

Bungalow style in the Dixieland area. Hardwood floors throughout with tile floor in the kitchen, bathroom and laundry room. Enclosed front porch, large 1 car detached garage. Bathroom has been completely remodeled, the roof was replaced this year and the A/C was replaced in 2014. Walk to beautiful Lake Hunter, close to public transportation. Welcome home.

Last Agent to Sell the Property

Brian Stephens

EXP REALTY LLC License #655038 Listed on: 08/24/2019

EXP REALTY LLC

Last Buyer's Agent

Heather Campbell

SK REALTY License #3068713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1920

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50x130
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Oak Trees
  • Property is zoned RA-4

Parking

  • 1 Car Garage

Home Design

  • Bungalow
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,151 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Schools

  • Dixieland Elementary School
  • Southwest Middle School
  • Kathleen High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Dixieland Rev Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,523

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1151
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1920
  • Building Area Total: 1151
  • Lot Size Sq Ft: 6499
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4910352?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4910352?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 117500
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 125.89
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 125.89
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Gas Water Heater, Microwave, Range, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0315G
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Dixieland Elem
  • High School: Kathleen High
  • Middle Or Junior School: Southwest Middle School

Lot Info

  • Zoning: RA-4
  • Parcel Number: 23-28-24-117500-032020
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Near Public Transit, Oversized Lot, Sidewalk
  • Lot Dimensions: 50x130
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 2+ Years
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1523
  • Tax Block: 032020
  • Tax Book Number: 1-67
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
Sep 20, 2019
Sold by
Thompson Property Group Llc
Bought by
Spano Loretta M
Seller's Agent
Brian Stephens
EXP REALTY LLC
Buyer's Agent
Heather Campbell
SK REALTY
List Price
$144,900
Sold Price
$144,900
Current Estimated Value
$246,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,548
Avg. Annual Appreciation
9.08%
Original Mortgage
$115,920
Outstanding Balance
$76,875
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$169,573

Purchase Details

Closed on
Jul 22, 2014
Sold by
Deskins Ted L
Bought by
Thompson Property Group Llc

Purchase Details

Closed on
Jun 4, 2004
Sold by
Smith Frederick M and Smith Linda
Bought by
Deskins Ted L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
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
Spano Loretta M $144,900 Smart Title Llc
Thompson Property Group Llc $35,000 The Title Team Of Orlando Ll
Deskins Ted L $76,500 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spano Loretta M $115,920
Previous Owner Deskins Ted L $76,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2019 09/20/19 Sold $144,900 0.0% $126 / Sq Ft
08/25/2019 08/25/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $144,900 -- $126 / 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 $580 $76,515 -- --
2024 $576 $74,359 -- --
2023 $576 $72,193 $0 $0
2022 $570 $70,090 $0 $0
2021 $578 $68,049 $0 $0
2020 $1,519 $121,884 $22,746 $99,138
2018 $1,523 $90,721 $21,447 $69,274
2017 $1,382 $64,782 $0 $0
2016 $1,303 $58,893 $0 $0
2015 $1,089 $53,539 $0 $0
2014 $810 $39,571 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Stephens

    Seller's Agent in 2019

    Brian Stephens

    EXP REALTY LLC

    (863) 647-8600

    6 in this area

    304 Total Sales

    Brian Stephens
    Section Image

  • H

    Buyer's Agent in 2019

    Heather Campbell

    SK REALTY

    (813) 478-0296

    83 Total Sales

    Heather Campbell
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4910352

Stellar MLS

APN: 23-28-24-117500-032020

Florida Polk County Lakeland 33803 Dixieland

506 W Patterson St, Lakeland, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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