NOT LISTED FOR SALE

5120 Riverlake Dr Bartow, FL 33830

Estimated Value: $442,198 - $530,000

4 Beds
2 Baths
2,241 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $269,000 $120 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,923/month

59 Days on Market

Highlights

  • Boat Dock
  • Fishing
  • Open Floorplan
  • Access To Lake
  • Gated Community
  • Clubhouse

About This Home

As of December 2018

Welcome Home! Nestled in the PEACEFUL Gated community of Riverlake, this 4 bedroom 2 bathroom home is situated on a beautifully landscaped corner lot. Upon entering the foyer, you will enjoy the openness of the space accentuated by the natural light pouring in from the large windows. To the right is the formal dining room for entertaining, while the Great Room with cathedral ceilings lies straight ahead. Step over to the Kitchen and enjoy a meal at the breakfast bar or in the breakfast nook with backyard views. The Kitchen features wood cabinets and stainless steel appliances. The large Master Suite includes a tray ceiling, walk-in-closet, jetted tub for relaxing, separate shower, and granite countertops with dual vessel sinks. This split bedroom floor plan has 3 additional bedrooms and another full bathroom on the opposite side of the home with volume ceilings throughout. Enjoy privacy with the fenced in backyard on the nearly 1/2 acre lot. This home has been well-maintained with a fresh coat of interior and exterior paint in 2016 and a new roof and gutters in 2017. Located minutes from the Polk Parkway and I-4, Riverlake is a conveniently located quiet community in the South Lakeland/Bartow area that offers tennis courts, an overlook/fishing pier on Lake Hancock, and a gorgeous clubhouse for hosting special events. This lovely home will not last long! Make an appointment to see it today!

Last Agent to Sell the Property

Mollie Simpson

SERHANT License #3360687 Listed on: 08/31/2018

SERHANT

Last Buyer's Agent

John-Michael Elliott

S & D REAL ESTATE SERVICE LLC License #3131578

S & D REAL ESTATE SERVICE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 2005

Lot Details

  • 0.44 Acre Lot
  • South Facing Home
  • Fenced
  • Corner Lot
  • Level Lot
  • Irrigation
  • Property is zoned RS

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Side Facing Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,241 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Formal Dining Room
  • Inside Utility
  • Attic

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Outdoor Features

  • Access To Lake
  • Fishing Pier
  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include recreational facilities
  • Riverlake Add Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,890

Year Built

Built in 2005

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • HOA Fee Includes: Recreational Facilities
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2241
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2886
  • Lot Size Sq Ft: 19166
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4902996&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4902996&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.99667
  • Price per Sq Ft: 120.04
  • Close to Original List Price Ratio: 0.97854
  • Ratio: Current Price\Building Area Total: 93.21
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Room Count: 9
  • Additional Rooms: Attic, Formal Dining Room Separate, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Lake Hancock
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Porch, Rear Porch
  • Road Surface Type: Paved
  • Water Access: Lake
  • Water Extras: Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Side, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Gated Community, Tennis Courts, Water Access
  • Association Amenities: Clubhouse, Boat Dock, Gated, Tennis Court(s)
  • Association Fee: 500
  • Association Fee Frequency: Semi-Annually
  • Association: Yes
  • Security: Gated Community, Security System Leased, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

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

Schools

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

Lot Info

  • Zoning: RS
  • Parcel Number: 24-29-24-288801-000030
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County, Level
  • Lot Dimensions: Variable
  • Property Attached Yn: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Pet Restrictions: See Deed Restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See Deed Restrictions

Tax Info

  • Tax Annual Amount: 2890
  • Tax Book Number: 117-1-2
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Dec 7, 2018
Sold by
Bannister Jessie and Bannister Abbie
Bought by
Froshaug Amber R and Froshaug Derek L
Seller's Agent
Mollie Simpson
SERHANT
Buyer's Agent
John-Michael Elliott
S & D REAL ESTATE SERVICE LLC
List Price
$274,900
Sold Price
$269,000
Premium/Discount to List
-$5,900
-2.15%
Current Estimated Value
$489,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,550
Avg. Annual Appreciation
8.79%
Original Mortgage
$264,127
Outstanding Balance
$234,170
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$255,380

Purchase Details

Closed on
Feb 29, 2016
Sold by
Holland Deborah and Holland Daniel
Bought by
Bannister Jessie and Bannister Abbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,681
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2014
Sold by
Holland Deborah and Holland Deborah A
Bought by
The Revo Cable Trust Agreement Of Debora and Holland Deborah A

Purchase Details

Listed on
Apr 30, 2013
Closed on
Aug 16, 2013
Sold by
Magnify Credit Union
Bought by
Holland Daniel and Holland Deborah
Seller's Agent
Liz Chamberland
Buyer's Agent
Pat Comstock
SPARROW KEY REALTY INC
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%

Purchase Details

Closed on
Jan 24, 2013
Sold by
Munro Heather M and Carroll Heather M
Bought by
Magnify Credit Union and Community First Credit Union

Purchase Details

Closed on
Sep 13, 2005
Sold by
Carroll Bruce D
Bought by
Carroll Christopher D

Purchase Details

Closed on
Feb 24, 2004
Sold by
Riverlake Properties Inc
Bought by
Carroll Bruce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Froshaug Amber R $269,000 Lakeland Title Llc
Bannister Jessie $230,000 Attorney
Bannister Jessie -- Attorney
The Revo Cable Trust Agreement Of Debora -- Attorney
Holland Daniel $175,000 Attorney
Magnify Credit Union -- Attorney
Magnify Credit Union -- Attorney
Carroll Christopher D $150,000 Commonwealth Title
Carroll Bruce D $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Froshaug Amber R $264,127
Previous Owner Bannister Jessie $225,681
Previous Owner Carroll Bruce D $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2018 12/07/18 Sold $269,000 -0.3% $120 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/17/2018 10/17/18 Price Changed $269,900 -1.8% $120 / Sq Ft
08/31/2018 08/31/18 For Sale $274,900 +57.1% $123 / Sq Ft
08/16/2013 08/16/13 Sold $175,000 -7.8% $78 / Sq Ft View Prior Sale
07/11/2013 07/11/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $189,900 -- $85 / 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 $3,365 $247,888 -- --
2024 $3,206 $240,902 -- --
2023 $3,206 $233,885 -- --
2022 $3,077 $227,073 $0 $0
2021 $3,078 $220,459 $0 $0
2020 $3,036 $217,415 $0 $0
2018 $2,885 $202,159 $49,000 $153,159
2017 $2,889 $202,913 $0 $0
2016 $3,576 $209,677 $0 $0
2015 $2,009 $171,319 $0 $0
2014 $2,177 $183,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4902996

Stellar MLS

APN: 24-29-24-288801-000030