NOT LISTED FOR SALE

5118 Highlands Lakeview Loop Lakeland, FL 33812

Estimated Value: $806,000 - $942,000

4 Beds
4 Baths
3,893 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $562,500 $144 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,309/month

30 Days on Market

Highlights

  • Screened Pool
  • Custom Home
  • Open Floorplan
  • Lincoln Avenue Academy Rated A-
  • Gated Community
  • Living Room with Fireplace

About This Home

As of July 2020

UNDER CONTRACT BUT TAKING BACKUP OFFERS This exquisite home located in Highlands by the Lake (one of SE Lakeland’s most coveted communities) has it ALL. In nearly 3900 SF of living space you’ll fall in love with the oversized rooms and exceptional attention to detail. From the moment you drive the manicured landscaping tells you that something incredibly special awaits. From the moment you enter through the double entry doors and step onto the gleaming hardwood flooring with a view straight through to the pool and lanai you will instantly feel the urge to kickback and relax. Flooded with natural light the formal living and dining rooms lead to the large well-appointed island kitchen with gas cooktop, built-in oven and microwave, built-in refrigerator with cabinet door panels and stunning ventilation hood treatment accented by stacked stone. The adjacent oversized family room provides space for the larger seating groups so popular today and a great view of the pool and outdoor living area. This split bedroom floorplan features larger than average bedrooms (4th bedroom is utilized as an office but does have a full closet). The elegant master suite accommodates the larger scale furnishings with ease and the spa inspired master bath has chocolate marble countertops and accents, dual vanities, a deep soaking tub and fully tiled walk-in shower. Secondary bedrooms each have a bathroom adjacent and large closets. Upstairs the bonus room has a full bank of cabinets and wetbar sink making it the perfect media, exercise or game room. Outdoors the covered lanai and screen enclosed saltwater pool and spa and large fenced yard with plenty of grass space. Many upgrades in recent years include new pool/spa heater, new SONOS music system with exterior speakers to lanai/pool area, two new HVAC units with AprilAire air purification systems, new central vac system, new security system, new interior and exterior paint and extensive landscaping upgrades. Highlands by the Lake is one of the few communities in Lakeland that have recreational facilities available to all property owners that don’t require a separate membership. So, what are you waiting for??? Make an appointment to see this beauty for yourself.

Last Agent to Sell the Property

Jeri Thom

PREMIER REALTY NETWORK, INC License #659514 Listed on: 05/17/2020

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,386

Year Built

  • Built in 2003

Lot Details

  • 0.38 Acre Lot
  • Property fronts a private road
  • North Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Metered Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Custom Home
  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,893 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shutters
  • Blinds
  • Drapes & Rods
  • French Doors
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Inside Utility
  • Laundry Room
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Chlorine Free

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

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
  • Underground Utilities
  • Propane
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, private road, recreational facilities
  • Extreme Property Management/Diana Albritton Association, Phone Number (352) 366-0234
  • Visit Association Website
  • Built by Hulbert Homes
  • Highlands By The Lake Ph 01 & Ph 02 Subdivision
  • The community has rules related to deed restrictions, fencing

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,386

Year Built

Built in 2003

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3893
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 4813
  • Lot Size Sq Ft: 16535
  • Directions to Property: Clubhouse Road (SR 540) to north on Highlands by the Lake Drive (gate code will be required), turn right on Highlands Lakeview Loop and proceed to property on your right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4915651?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4915651?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 3
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97826
  • Price per Sq Ft: 144.49
  • Close to Original List Price Ratio: 0.93766
  • Ratio: Current Price\Building Area Total: 116.87
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Built in Features, Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated
  • Spa Yn: Yes
  • Stories: 2
  • Window Features: Blinds, Drapes, Shutters
  • Street Number Modifier: 5118
  • Room Count: 9
  • Additional Rooms: Bonus Room, Breakfast Room Separate, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: North
  • Pool Features: Chlorine Free, Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Balcony, Fenced, French Doors, Irrigation System, Sliding Doors, Sprinkler Metered
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Pool
  • Water Body Name: Banana Lake
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Porch, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0485G
  • Additional Water Information: Easy access to Banana Lake via public boat ramp and picnic area just outside the community.
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Propane, Public, Sprinkler Meter, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Pool, Tennis Courts
  • Association Amenities: Fence Restrictions, Gated, Pool, Tennis Court(s)
  • Association Fee: 1200
  • Association Fee Frequency: Annually
  • Association Name: Extreme Property Management/Diana Albritton
  • Phone: 352 366-0234
  • Association: Yes
  • Security: Gated Community, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.hoaemt.com
  • Association Email: diana@hoaemt.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1200
  • Monthly HOA Fee: 100
  • Total Monthly Fees: 100

Schools

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

Lot Info

  • Zoning: SFR
  • Parcel Number: 24-29-10-280559-002250
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: In County
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Hulbert Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Yes
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: Please contact HOA Manager for information.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Please contact HOA Manager for more information.

Tax Info

  • Tax Annual Amount: 6386
  • Tax Book Number: 104-43-45
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2020
Closed on
Jul 17, 2020
Sold by
Cash Brian Keith and Cash Frances Taylor
Bought by
Bacchus Yates Jonette N and Bacchus Yates Towana
Seller's Agent
Jeri Thom
PREMIER REALTY NETWORK, INC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$599,900
Sold Price
$562,500
Premium/Discount to List
-$37,400
-6.23%
Current Estimated Value
$866,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,523
Avg. Annual Appreciation
7.31%
Original Mortgage
$506,250
Outstanding Balance
$454,653
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$350,373

Purchase Details

Listed on
Jan 10, 2018
Closed on
Apr 25, 2018
Sold by
Balliette Julie B and Balliette Julie C
Bought by
Cash Brian Keith and Cash Frances Taylor
Seller's Agent
Magdaline Olivera
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Denise Turgeon
EXP REALTY LLC
List Price
$550,000
Sold Price
$514,000
Premium/Discount to List
-$36,000
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$411,200
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2017
Bought by
Balliette Julie S

Purchase Details

Closed on
Oct 17, 2000
Sold by
R F H Iii Inc
Bought by
Wiens Gregory A and Wiens Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,300
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2000
Sold by
R F H Iii Inc
Bought by
Balliette Kirk D and Balliette Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,300
Interest Rate
7.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bacchus Yates Jonette N $562,500 Miller Title Llc
Cash Brian Keith $514,000 Lakeland Title Llc
Balliette Julie S -- --
Wiens Gregory A $60,400 --
R F H Iii Inc -- --
Balliette Kirk D $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bacchus Yates Jonette N $506,250
Previous Owner Cash Brian Keith $411,200
Previous Owner Balliette Kirk D $100,000
Previous Owner Balliette Kirk D $235,000
Previous Owner Balliette Kirk D $230,000
Previous Owner Balliette Kirk D $208,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $562,500 -2.2% $144 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/02/2020 06/02/20 Price Changed $575,000 -4.2% $148 / Sq Ft
05/15/2020 05/15/20 For Sale $599,900 +16.7% $154 / Sq Ft
04/25/2018 04/25/18 Sold $514,000 -5.7% $158 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
01/30/2018 01/30/18 Price Changed $545,000 -0.9% $168 / Sq Ft
01/10/2018 01/10/18 For Sale $550,000 -- $169 / 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
2023 $5,615 $420,483 $0 $0
2022 $5,458 $408,236 $0 $0
2021 $5,502 $396,346 $0 $0
2020 $6,337 $454,559 $87,000 $367,559
2018 $5,665 $394,225 $0 $0
2017 $5,521 $386,117 $0 $0
2016 $5,481 $378,175 $0 $0
2015 $5,111 $375,546 $0 $0
2014 $5,276 $372,565 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4915651

Stellar MLS

APN: 24-29-10-280559-002250