NOT LISTED FOR SALE

5513 School Rd Land O Lakes, FL 34638

Estimated Value: $697,000 - $858,434

1 Bed
1 Bath
875 Sq Ft
$889/Sq Ft Est. Value

Last Sold November 22, 2022

Last sale price $870,000 $994 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,222/month

90 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Barn
  • 8.5 Acre Lot
  • Land O' Lakes High School Rated A
  • Lake View
  • 4-minute walk to Land O' Lakes Heritage Park

About This Home

As of November 2022

Welcome Home to this LAKE FRONT property located Centrally in Land O Lakes on Lake Thomas! This property is 8.5 ACRES and is such a beautiful place for entertaining! This home which is used as a rental boasts a large Covered and Screened-In front porch, TWO main living areas with a Fireplace in BOTH, and a Kitchen with lots of Cabinet space! The rental home could be used as a guest house with PLENTY of property to build a DREAM house. Come on outside to a Gazebo, lots of Pine and Oak Trees, and TWO Ponds located on this property! Kayaks, Canoes, Motorized Boats, Jet Skis, Sailboats, and Pontoons are permitted on Lake Thomas! This is such a rare property around here! Close to highly rated public schools, dining, shopping and entertainment! You do NOT want to miss this opportunity! Schedule your showing today!

Last Agent to Sell the Property

Dennis Castellano

THE WILKINS WAY LLC License #620631 Listed on: 06/22/2022

Last Buyer's Agent

Samuel Moye

LPT REALTY, LLC. License #3417336

LPT REALTY, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,708

Year Built

  • Built in 1958

Lot Details

  • 8.5 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Near Conservation Area
  • East Facing Home
  • Chain Link Fence
  • Oversized Lot
  • Property is zoned R1

Property Views

  • Lake
  • Woods

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 875 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Fire and Smoke Detector
  • Range
  • Laundry Located Outside

Flooring

  • Cork
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Exterior Lighting
  • Gazebo
  • Shed

Schools

  • Connerton Elementary School
  • Pine View Middle School
  • Land O' Lakes High School

Farming

  • Barn

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,708

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 875
  • Lot Size Acres: 8.5
  • New Construction: No
  • Year Built: 1958
  • Lot Size Sq Ft: 370260
  • Directions to Property: Head west on FL-54 / State Road 54 toward Via Bella Blvd, Turn right onto Collier Pkwy, Turn left onto Hale Rd, Turn right onto US-41 N / FL-45 / Land O'Lakes Blvd, Turn left onto Community Center Rd, Turn right onto School Rd, Turn left, Arrive at destination.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8166595?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8166595?w=Customer
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Subdivision Num: 0000
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.725
  • Price per Sq Ft: 994.29
  • Close to Original List Price Ratio: 0.725
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Fireplace Features: Family Room, Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Cork, Other, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Master Bedroom Main Floor
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5513
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Barn(s), Gazebo, Shed(s)
  • Exterior Features: Lighting, Other
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Water Body Name: Lake Thomas
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12101C0402F
  • Waterfront Frontage: 200
  • Water Frontage Feet Lake: 200
  • Additional Water Information: Kayaks, Canoes, Motorized Boats, Jet Skis, Sailboats, and Pontoons are permitted!

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Outside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Connerton Elem
  • High School: Land O' Lakes High-PO
  • Middle Or Junior School: Pine View Middle-PO

Lot Info

  • Zoning: R1
  • Parcel Number: 18-26-12-0000-0B433-0000
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Conservation Area, Oversized Lot
  • Horse Amenities: None
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-09-26
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Buyer to Verify.
  • Pet Restrictions: Buyer to Verify.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer to Verify.

Tax Info

  • Tax Annual Amount: 4708
  • Tax Block: 0B433
  • Tax Book Number: 7-6
  • Tax Lot: 0000

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2023
Sold by
Lutz Church Of God Inc
Bought by
Lutz Church Of God Inc
Current Estimated Value
$777,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$328,435
Interest Rate
7.76%
Mortgage Type
Balloon
Estimated Equity
$449,282

Purchase Details

Listed on
Jun 22, 2022
Closed on
Nov 22, 2022
Sold by
Williamson Margaret J
Bought by
Lutz Church Of God Inc
Seller's Agent
Dennis Castellano
THE WILKINS WAY LLC
Buyer's Agent
Samuel Moye
LPT REALTY, LLC.
List Price
$1,199,999
Sold Price
$870,000
Premium/Discount to List
-$329,999
-27.5%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.93%
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
Lutz Church Of God Inc $100 None Listed On Document
Lutz Church Of God Inc $100 None Listed On Document
Lutz Church Of God Inc $870,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutz Church Of God Inc $375,000
Closed Lutz Church Of God Inc $375,000
Previous Owner Williamson Margaret J $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $870,000 -27.5% $994 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
06/22/2022 06/22/22 For Sale $1,199,999 -- $1,371 / 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 $202 $385,589 $281,700 $103,889
2023 $5,931 $339,986 $281,700 $58,286
2022 $5,213 $334,922 $281,700 $53,222
2021 $4,708 $284,022 $235,090 $48,932
2020 $4,682 $282,555 $235,090 $47,465
2019 $4,508 $283,212 $235,090 $48,122
2018 $4,276 $281,664 $235,090 $46,574
2017 $4,135 $279,352 $235,090 $44,262
2016 $3,398 $195,794 $161,324 $34,470
2015 $3,444 $194,435 $161,324 $33,111
2014 $3,361 $193,385 $161,324 $32,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8166595

Stellar MLS

APN: 12-26-18-0000-0B433-0000