NOT LISTED FOR SALE

5934 Velvet Loop Lakeland, FL 33811

Medulla Neighborhood

Estimated Value: $352,000 - $401,000

3 Beds
2 Baths
1,743 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 17, 2018

Last sale price $180,000 $103 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $2,200/month

62 Days on Market

Highlights

  • Living Room with Fireplace
  • Florida Architecture
  • Bonus Room
  • Lincoln Avenue Academy Rated A-
  • Attic
  • Mature Landscaping

About This Home

As of August 2018

This beautifully maintained home in the Deer Brooke community offers three bedrooms, two bathrooms, and boasts a large family room featuring a stone fireplace. The Florida room has been nicely upgraded, offering heating and cooling options, dual pane windows, and tile flooring making it a perfect space for an office or playroom. An extra slab of concrete was added to the driveway, making it easy to accommodate any extra parking. Schedule your showing today!

Last Agent to Sell the Property

Baylee Waters

KELLER WILLIAMS REALTY SMART License #3364459 Listed on: 05/17/2018

KELLER WILLIAMS REALTY SMART

Co-Listed By

David Scoynes

KELLER WILLIAMS REALTY SMART License #3315154

Last Buyer's Agent

Jill Caldera

LA ROSA REALTY PRESTIGE License #3135534

LA ROSA REALTY PRESTIGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1991

Lot Details

  • 0.28 Acre Lot
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned SF-1

HOA Fees

  • $11 Monthly HOA Fees

Parking

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

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,743 Sq Ft Home
  • Dry Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Inside Utility
  • Laundry Room
  • Attic

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Community Details

  • Deer Brooke South Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,054

Year Built

Built in 1991

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1743
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 2660
  • Lot Size Sq Ft: 12001
  • Directions to Property: From W Pipkin Road, Turn left onto Lunn Road heading South, Turn right onto Deerbrook Drive, turn left onto Velvet Loop. Home is on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3107724&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3107724&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90045
  • Price per Sq Ft: 103.27
  • Close to Original List Price Ratio: 0.81855
  • Ratio: Current Price\Building Area Total: 67.67
  • View: No
  • Co List Office Mls Id: 265500286
  • Co List Office Phone: 863-577-1234
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Split Bedroom
  • Appliances Included: Built-In Oven, Dishwasher, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5934
  • Room Count: 7
  • Additional Rooms: Attic, Bonus Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0480G
  • 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: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 135
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 135
  • Monthly HOA Fee: 11.25
  • Total Monthly Fees: 11.25

Lot Info

  • Zoning: SF-1
  • Parcel Number: 23-29-15-141576-004820
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 1054
  • Tax Book Number: 89-15
  • Tax Lot: 482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2018
Closed on
Aug 17, 2018
Sold by
Metzger Paulene and Prutt Phillip T
Bought by
Everetts Christina Nichole
Seller's Agent
Baylee Waters
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Jill Caldera
LA ROSA REALTY PRESTIGE
List Price
$219,900
Sold Price
$180,000
Premium/Discount to List
-$39,900
-18.14%
Current Estimated Value
$367,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,249
Avg. Annual Appreciation
10.47%
Original Mortgage
$176,739
Outstanding Balance
$153,491
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$213,758
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Everetts Christina Nichole $180,000 Smart Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Everetts Christina Nichole $176,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Sold $180,000 -10.0% $103 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
06/20/2018 06/20/18 Price Changed $199,900 -4.8% $115 / Sq Ft
06/06/2018 06/06/18 Price Changed $209,900 -4.5% $120 / Sq Ft
05/16/2018 05/16/18 For Sale $219,900 -- $126 / 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 $2,888 $217,000 -- --
2024 $2,714 $210,884 -- --
2023 $2,714 $204,742 $0 $0
2022 $2,615 $198,779 $0 $0
2021 $2,628 $192,989 $0 $0
2020 $2,589 $190,324 $0 $0
2018 $3,012 $176,805 $36,000 $140,805
2017 $1,054 $117,097 $0 $0
2016 $1,148 $114,689 $0 $0
2015 $764 $113,892 $0 $0
2014 $1,085 $112,988 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Baylee Waters

    Seller's Agent in 2018

    Baylee Waters

    KELLER WILLIAMS REALTY SMART

    (863) 838-6446

    17 Total Sales

    Baylee Waters
    Section Image
  • David Scoynes

    Seller Co-Listing Agent in 2018

    David Scoynes

    KELLER WILLIAMS REALTY SMART

    (863) 577-1234

    3 in this area

    57 Total Sales

    David Scoynes
    Section Image

  • J

    Buyer's Agent in 2018

    Jill Caldera

    LA ROSA REALTY PRESTIGE

    (863) 838-7818

    2 in this area

    9 Total Sales

    Jill Caldera
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3107724

Stellar MLS

APN: 23-29-15-141576-004820

Florida Polk County Lakeland 33811 Medulla

5934 Velvet Loop, Lakeland, FL

This home is located at 5934 Velvet Loop, Lakeland, FL 33811 since 17 May 2018 and is currently estimated at $367,249, approximately $210 per square foot. This property was built in 1991. 5934 Velvet Loop is a home located in Polk County with nearby schools including Medulla Elementary School, Winston Academy of Engineering, 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

Nearby Homes