NOT LISTED FOR SALE

5626 Tower Palms Ln Lakeland, FL 33811

Medulla Neighborhood

Estimated Value: $241,550 - $269,000

3 Beds
2 Baths
1,307 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $174,900 $134 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,604/month

10 Days on Market

Highlights

  • New Construction
  • Cathedral Ceiling
  • Home Security System
  • Lincoln Avenue Academy Rated A-
  • 1 Car Attached Garage
  • Laundry closet

About This Home

As of December 2019

Home has 3 bedrooms and two baths with attached 1 car garage and 1307 square feet of living space. Home
features large living/dining room, upgraded kitchen with stainless steel appliances, double sink, breakfast bar, and closet pantry.
Master suite has large walk-in closet and spacious bathroom with double sinks and walk-in shower. Upgrades include tray ceilings,
inside laundry, and ceiling fans in each bedroom as well as a high tech security system. Enjoy maintenance-free living with a one year home warranty and HOA provided lawn care.

Last Agent to Sell the Property

Sharon Billups

SKYELINE REALTY LLC License #3256990 Listed on: 11/08/2019

Last Buyer's Agent

January Silva

COLDWELL BANKER REALTY License #3357572

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 5,227 Sq Ft Lot
  • West Facing Home

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,307 Sq Ft Home
  • Cathedral Ceiling
  • Home Security System
  • Laundry closet

Kitchen

  • Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Medulla Elementary School
  • Sleepy Hill Middle School
  • George Jenkins High School

Utilities

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

Community Details

  • Association fees include ground maintenance
  • William Tower Association, Phone Number (863) 944-0799
  • Built by Jeffco Builders
  • Tower Palms Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,446

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1307
  • Lot Size Acres: 0.12
  • New Construction: Yes
  • Year Built: 2019
  • Lot Size Sq Ft: 5227
  • Directions to Property: Off Old 37, turn west onto Cherry Lane. Tower Palms subdivision is on left hand side of the road.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4912110?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4912110?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 133.82
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5626
  • Room Count: 5
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Association Name: William Tower
  • Phone: 863-944-0799
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 600
  • Monthly HOA Fee: 50
  • Total Monthly Fees: 50

Schools

  • Elementary School: Medulla Elem
  • High School: George Jenkins High
  • Middle Or Junior School: Sleepy Hill Middle

Lot Info

  • Parcel Number: 23-29-14-141557-000040
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Jeffco Builders

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 89
  • Tax Book Number: 171/22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
Dec 16, 2019
Sold by
Tower Palms Llc
Bought by
Brace Jenny L and Brace Jonathan
Seller's Agent
Sharon Billups
SKYELINE REALTY LLC
Buyer's Agent
January Silva
COLDWELL BANKER REALTY
List Price
$174,900
Sold Price
$174,900
Current Estimated Value
$253,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,738
Avg. Annual Appreciation
6.59%
Original Mortgage
$171,731
Outstanding Balance
$151,406
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$102,232
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
Brace Jenny L $174,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brace Jenny L $171,731
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Sold $174,900 0.0% $134 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $174,900 -- $134 / 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 $2,446 $181,216 -- --
2024 $2,257 $176,109 -- --
2023 $2,257 $170,980 $0 $0
2022 $2,181 $166,000 $100 $165,900
2021 $2,537 $145,500 $100 $145,400
2020 $2,475 $141,500 $100 $141,400
Source: Public Records

Agents Affiliated with this Home

  • Sharon Billups

    Seller's Agent in 2019

    Sharon Billups

    SKYELINE REALTY LLC

    (863) 409-4701

    9 in this area

    47 Total Sales

    Sharon Billups
    Section Image
  • January Silva

    Buyer's Agent in 2019

    January Silva

    COLDWELL BANKER REALTY

    (813) 545-9118

    2 in this area

    89 Total Sales

    January Silva
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4912110

Stellar MLS

APN: 23-29-14-141557-000040

Florida Polk County Lakeland 33811 Medulla

5626 Tower Palms Ln, Lakeland, FL

This home is located at 5626 Tower Palms Ln, Lakeland, FL 33811 since 08 November 2019 and is currently estimated at $253,638, approximately $194 per square foot. This property was built in 2019. 5626 Tower Palms Ln is a home located in Polk County with nearby schools including Medulla Elementary School, Rochelle School Of The Arts, and Winston Academy of Engineering.

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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