$261,000
SOLD JAN 14, 2022
2 Beds
2 Baths
1,368 Sq Ft
$280/mo HOA Fee

Recently Sold

$191 Per Sq Ft

1 Day on Market

Highlights

  • Water Views
  • Open Floorplan
  • Wood Flooring
  • Gated Community
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of May 2024

We are pleased to present 5506 Water Oak Court, located in the highly sought after, gated and maintenance free community of Water Oaks in Imperial Lakes. From the moment you walk up the driveway, you are greeted with a spacious gated front courtyard and mature landscaping. This 2 Bedroom 2 Bath home has over 1300 square feet of living area and has a Bonus Room, Office or could even be used as a 3rd Bedroom. Features include an open floor plan, high vaulted ceilings and a beautiful LAKE view with a Fountain in the center. The spacious kitchen boasts high ceilings, plant shelves and a breakfast nook with views of the lake! The master bedroom and bathroom suite offers high vaulted ceilings, double sink vanity, walk in shower and his and her closets. Features also include an inside laundry room with plenty of storage, guest bedroom has a large closet with shelving and a 2 car garage. A/C replaced 2018, New Windows, both bathrooms have been updated, hardwood flooring and tile. You will enjoy Florida outdoor living with the large covered and screened Lanai with a Stunning Water View. Community amenities included with the HOA are Basic Cable, Lawn Mowing and Maintenance including Irrigation System Maintenance & Irrigation Water, as well as scheduled Roof Replacement & Exterior Paint updates to your home. Although this property has a Mulberry Address, it is very close to South Lakeland and Downtown Lakeland which offers coffee shops, shopping, entertainment, Saturday Farmers Market and great dining. Also, Dog Parks, Lake Morton, Lake Mirror, Lake Hollingsworth, Dixieland, Lakeside Village Shopping, Cleveland Heights Golf Course, Lakeland Tennis Courts, Common Ground Park, Bonnet Springs Park (coming soon) and SO much more! Easy commute to Tampa and Orlando. Located close to HWY 60 and just 5.5 miles from the Polk Parkway that connects to I-4, this allows for quick and easy access to all Central Florida, Hospitals, Airports, Walt Disney World, Legoland and other Theme Parks and FLORIDA BEACHES!! Buyer to verify all room measurements. Please Call Today for Your Private Showing!

Last Agent to Sell the Property

Michelle Graham

KELLER WILLIAMS REALTY SMART License #3293515 Listed on: 12/15/2021

KELLER WILLIAMS REALTY SMART

Co-Listed By

Wes Graham

KELLER WILLIAMS REALTY SMART License #3414461

Last Buyer's Agent

Curt Hutchison

CH REALTY License #666472

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1998

Lot Details

  • 5,336 Sq Ft Lot
  • Property fronts a private road
  • West Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Patio Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,368 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Inside Utility
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, maintenance structure, ground maintenance, private road
  • Aia Property Mangement Inc. Jim Allen Association, Phone Number (863) 683-1968
  • Water Oak Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, fencing

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,514

Year Built

Built in 1998

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds, Private Road
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Patio
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1368
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 1965
  • Lot Size Sq Ft: 5336
  • Directions to Property: South on South Florida Ave, right on Shepherd Road, left on Imperial Lakes Blvd, right into Water Oaks, left on Water Oak Lane.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4926989?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4926989?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00423
  • Price per Sq Ft: 190.79
  • Close to Original List Price Ratio: 1.00423
  • Ratio: Current Price\Building Area Total: 132.82
  • View: Yes
  • Co List Office Mls Id: 265500286
  • Co List Office Phone: 863-577-1234
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 5506
  • Additional Rooms: Bonus Room, Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0490G
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community
  • Association Amenities: Cable TV, Fence Restrictions, Gated, Maintenance
  • Association Fee: 280
  • Association Fee Frequency: Monthly
  • Association Name: AIA Property Mangement Inc. Jim Allen
  • Phone: 863-683-1968
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Email: james@aiapropertymanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3360
  • Monthly HOA Fee: 280
  • Total Monthly Fees: 280

Lot Info

  • Parcel Number: 26-29-23-141962-000050
  • Additional Parcels: No
  • Lot Features: In County
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: BUYER TO VERIFY WITH HOA
  • Pet Restrictions: BUYER TO VERIFY WITH HOA
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: BUYER TO VERIFY WITH HOA

Tax Info

  • Tax Annual Amount: 1514
  • Tax Book Number: 105-7
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
May 20, 2024
Sold by
Martell Angelina Perez
Bought by
Heid Kevin J and Oster Susan P
Seller's Agent
Curt Hutchison
CH REALTY
Buyer's Agent
Curt Hutchison
CH REALTY
List Price
$305,900
Sold Price
$289,000
Premium/Discount to List
-$16,900
-5.52%
Views
24
Current Estimated Value
$263,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,025
Avg. Annual Appreciation
-3.29%
Original Mortgage
$228,800
Outstanding Balance
$226,829
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$50,712

Purchase Details

Listed on
Dec 15, 2021
Closed on
Jan 14, 2022
Sold by
Larson Darrell K and Larson Brenda S
Bought by
Martell Angelina Perez
Seller's Agent
Michelle Graham
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Curt Hutchison
CH REALTY
List Price
$259,900
Sold Price
$261,000
Premium/Discount to List
$1,100
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$200,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2014
Sold by
Sprankle Edward and Sprankle Mary Lou
Bought by
Larson Darrell K and Larson Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
4.32%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $286,000 Lakeland Title
Warranty Deed $261,000 New Title Company Name
Warranty Deed $127,000 Florida Family Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,800 New Conventional
Previous Owner $200,000 New Conventional
Previous Owner $101,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $289,000 -3.5% $211 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $299,500 -2.1% $219 / Sq Ft
03/02/2024 03/02/24 For Sale $305,900 +5.8% $224 / Sq Ft
02/01/2024 02/01/24 Off Market $289,000 -- --
01/30/2024 01/30/24 For Sale $305,900 +17.2% $224 / Sq Ft
01/14/2022 01/14/22 Sold $261,000 +0.4% $191 / Sq Ft
12/16/2021 12/16/21 Pending -- -- --
12/15/2021 12/15/21 For Sale $259,900 -- $190 / 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 $2,492 $220,243 $0 $0
2022 $1,551 $121,395 $0 $0
2021 $1,548 $117,859 $0 $0
2020 $1,514 $116,232 $0 $0
2018 $1,449 $111,500 $100 $111,400
2017 $1,422 $109,763 $0 $0
2016 $1,383 $107,505 $0 $0
2015 $1,039 $106,758 $0 $0
2014 $1,210 $99,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4926989

Stellar MLS

APN: 23-29-26-141962-000050