NOT LISTED FOR SALE

550 Martin Luther King jr St Lake Alfred, FL 33850

Estimated Value: $139,000 - $196,000

3 Beds
1 Bath
864 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $73,000 $84 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $936/month

121 Days on Market

Highlights

  • Oak Trees
  • Corner Lot
  • Ceramic Tile Flooring
  • Frank E. Brigham Academy Rated 9+
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2018

Great home in Lake Alfred within 2 blocks of Lake Swoope. Updated and ready to move into. Home in public records states it is a 2/1 but has been converted to a 3/1. Tile flooring throughout, updated bath and kitchen. Large corner lot.

Last Agent to Sell the Property

Lisa Simpson

KELLER WILLIAMS REALTY SMART 1 License #3166709 Listed on: 10/07/2017

KELLER WILLIAMS REALTY SMART 1

Last Buyer's Agent

Baringthon Brudy

LA ROSA REALTY CENTRAL FLORIDA License #3346927

LA ROSA REALTY CENTRAL FLORIDA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $264

Year Built

  • Built in 1932

Lot Details

  • 7,248 Sq Ft Lot
  • Corner Lot
  • Oak Trees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 864 Sq Ft Home
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • City Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Highland Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$264

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 864
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1932
  • Building Area Total: 864
  • Lot Size Sq Ft: 7248
  • Directions to Property: US Hwy. 92 North to Lake Alfred left Dakota, right on Tangerine and left on MLK . Home has 2 addresses also comes up under 550 N. 2nd street,
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=P4717508&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=P4717508&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.97463
  • Price per Sq Ft: 84.49
  • Close to Original List Price Ratio: 0.91364
  • Ratio: Current Price\Building Area Total: 84.49
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 550
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0355G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: R-1
  • Parcel Number: 26-27-28-493500-008180
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot
  • Millage Rate: 21.27
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 264
  • Tax Block: H
  • Tax Book Number: 4-2
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2017
Closed on
Apr 17, 2018
Sold by
Thomson Pete
Bought by
Williams Novah N
Seller's Agent
Lisa Simpson
KELLER WILLIAMS REALTY SMART 1
Buyer's Agent
Baringthon Brudy
LA ROSA REALTY CENTRAL FLORIDA
List Price
$79,900
Sold Price
$73,000
Premium/Discount to List
-$6,900
-8.64%
Current Estimated Value
$164,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,151
Avg. Annual Appreciation
10.87%
Original Mortgage
$62,067
Outstanding Balance
$54,439
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$101,427

Purchase Details

Closed on
Oct 15, 2013
Sold by
Lott Belinda Stafford and Bivins Belinda Stafford
Bought by
Thomson Pete

Purchase Details

Closed on
Feb 26, 1998
Sold by
Stafford Anna L
Bought by
Lott Belinda S
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
Williams Novah N $73,000 Attorney
Thomson Pete $13,800 Southeast Professional Title
Lott Belinda S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Novah N $695
Open Williams Novah N $16,401
Open Williams Novah N $62,067
Closed Williams Novah N $12,000
Previous Owner Lott Belinda Stafford $18,000
Previous Owner Lott Willie $12,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $73,000 -2.5% $84 / Sq Ft
02/06/2018 02/06/18 Pending -- -- --
01/09/2018 01/09/18 Price Changed $74,900 -6.3% $87 / Sq Ft
11/13/2017 11/13/17 For Sale $79,900 0.0% $92 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
10/07/2017 10/07/17 For Sale $79,900 -- $92 / 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
2024 $506 $54,862 -- --
2023 $506 $53,264 $0 $0
2022 $505 $51,713 $0 $0
2021 $517 $50,207 $0 $0
2020 $509 $49,514 $0 $0
2018 $474 $42,772 $9,000 $33,772
2017 $265 $12,442 $0 $0
2016 $257 $11,918 $0 $0
2015 $255 $11,446 $0 $0
2014 $295 $13,641 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Simpson

    Seller's Agent in 2018

    Lisa Simpson

    KELLER WILLIAMS REALTY SMART 1

    (863) 412-0393

    1 in this area

    68 Total Sales

    Lisa Simpson
    Section Image

  • B

    Buyer's Agent in 2018

    Baringthon Brudy

    LA ROSA REALTY CENTRAL FLORIDA

    (407) 566-1800

    Baringthon Brudy
    Section Image
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Map

Source: Stellar MLS

MLS Number: P4717508

Stellar MLS

APN: 26-27-28-493500-008180

Florida Polk County Lake Alfred 33850

550 Martin Luther King jr St, Lake Alfred, FL

This home is located at 550 Martin Luther King jr St, Lake Alfred, FL 33850 since 07 October 2017 and is currently estimated at $164,151, approximately $189 per square foot. This property was built in 1932. 550 Martin Luther King jr St is a home located in Polk County with nearby schools including Lake Alfred Elementary School, Auburndale Senior High School, and Jewett 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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