NOT LISTED FOR SALE

5315 South Cove Lakeland, FL 33809

Gibsonia Neighborhood

Estimated Value: $374,000 - $433,372

4 Beds
2 Baths
3,108 Sq Ft
$132/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $365,000 $117 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,413/month

17 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Closet Cabinetry
  • Lincoln Avenue Academy Rated A-
  • No HOA
  • Living Room

About This Home

As of July 2023

Under contract-accepting backup offers. Beautiful lake view property with private boat ramp on highly desirable Lake Gibson. With some TLC & updating, this could be your dream lakefront home with swimming pool in the back. House sits on a huge 13,000 square foot lot with 3,108 heated sq ft with a total of 4,500 sq ft area under a lifetime metal roof. The main house is a 2 story 4 bedroom 2 bath home with an attached 2 bedroom 1 bath mother-in-law apartment (which can be potentially used as an income property as Airbnb). Yes, the house needs some work, but with some repairs, this can be made a turnkey home for you. Great location to I-4 and all closeby shopping areas. The listing is AS IS, WHERE IS & HOW IS, price is net-to-seller (buyer pays ALL closing costs).

Last Agent to Sell the Property

Pawan Agarwal

LOTUS REAL ESTATE LLC License #3519498 Listed on: 06/08/2023

Last Buyer's Agent

Pawan Agarwal

LOTUS REAL ESTATE LLC License #3519498 Listed on: 06/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1971

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 90x150
  • Lake Front
  • East Facing Home
  • Garden
  • Property is zoned R-2

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 3,108 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Lake Views
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 3108
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 4500
  • Lot Size Sq Ft: 13569
  • Directions to Property: Continue on FL-33 N/Lakeland Hills Blvd. Take Old Combee Rd to S Cove
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow City: Tampa
  • Escrow Postal Code: 33614
  • Escrow State: FL
  • Escrow Street Name: N. Dale Mabry Highway
  • Escrow Street Number: 7825
  • List Office Head Office Key Nume: 1039489
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 117.44
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher
  • Foundation Details: Other
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 5315
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 288.74
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: Garden
  • Roof: Metal
  • Pool Private: Yes
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-2
  • Parcel Number: 24-27-30-000000-031310
  • Additional Parcels: No
  • Lot Dimensions: 90x150
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1261

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer/Buyer Agent to check with HoA

Tax Info

  • Tax Annual Amount: 2097.34
  • Tax Block: A
  • Tax Book Number: P-81
  • Tax Lot: 17

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 13, 2023
Sold by
5315 South Land Trust
Bought by
Dobson Thomas and Dobson Rebekah
Seller's Agent
Pawan Agarwal
LOTUS REAL ESTATE LLC
Buyer's Agent
Pawan Agarwal
LOTUS REAL ESTATE LLC
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Views
143
Current Estimated Value
$409,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,593
Avg. Annual Appreciation
5.73%
Original Mortgage
$346,750
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2023
Closed on
May 26, 2023
Sold by
Usa Property Network Llc
Bought by
5315 South Laud Trust and Florida Trustee Services Llc
Seller's Agent
Pawan Agarwal
LOTUS REAL ESTATE LLC
Buyer's Agent
Pawan Agarwal
LOTUS REAL ESTATE LLC
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,750
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2007
Sold by
Mcphate Margaret Ann and Lake Margaret Ann
Bought by
Mcphate Margaret Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.18%
Mortgage Type
New Conventional
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
Dobson Thomas $365,000 None Listed On Document
5315 South Laud Trust $100 None Listed On Document
5315 South Laud Trust $100 None Listed On Document
Usa Property Network Llc $215,000 Tier 1 Title Llc
Usa Property Network Llc $215,000 Tier 1 Title Llc
Mcphate Margaret Ann -- Universal First Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dobson Thomas $346,750
Previous Owner Mcphate Margaret Ann $502,500
Previous Owner Mcphate Margaret Ann $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2023 07/13/23 Sold $365,000 -3.9% $117 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $379,900 +76.7% $122 / Sq Ft
05/26/2023 05/26/23 Sold $215,000 +43.4% $82 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $149,900 -- $57 / 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 $2,180 $162,621 $0 $0
2022 $2,097 $157,884 $0 $0
2021 $2,101 $153,285 $0 $0
2020 $2,065 $151,169 $0 $0
2018 $1,992 $145,015 $0 $0
2017 $1,952 $142,032 $0 $0
2016 $1,906 $139,111 $0 $0
2015 $1,514 $138,144 $0 $0
2014 $1,810 $137,048 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pawan Agarwal

    LOTUS REAL ESTATE LLC

    (832) 242-0571

    1 in this area

    29 Total Sales

    Section Image
  • Randy Patrick

    Seller's Agent in 2023

    Randy Patrick

    WESTBAY REAL ESTATE

    (813) 833-2045

    1 in this area

    21 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: T3451327

Stellar MLS

APN: 24-27-30-000000-031310

Florida Polk County Lakeland 33809 Gibsonia

5315 South Cove, Lakeland, FL

This home is located at 5315 South Cove, Lakeland, FL 33809 since 08 June 2023 and is currently estimated at $409,593, approximately $131 per square foot. This property was built in 1971. 5315 South Cove is a home located in Polk County with nearby schools including Edgar L. Padgett Elementary School, Lake Gibson Senior High School, and Rochelle School Of The Arts.

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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