NOT LISTED FOR SALE

5941 Velvet Loop Lakeland, FL 33811

Medulla Neighborhood

Estimated Value: $367,000 - $400,000

3 Beds
2 Baths
1,678 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $312,000 $186 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,423/month

Highlights

  • 100 Feet of Pond Waterfront
  • In Ground Pool
  • 0.57 Acre Lot
  • Lincoln Avenue Academy Rated A-
  • Pond View
  • Formal Dining Room

About This Home

As of June 2024

Beautiful Waterfront 3-bedroom 2 bath Residence in Southwest Lakeland Deer Brooke. Formal Areas, Bright & Open Updated Kitchen with Breakfast Bar and Breakfast Nook Open to a Large Family Room Perfect for Entertaining. Spacious Secondary Bedrooms and guest Bathroom has access to the Pool. Living Areas and Primary Suite overlook Pool area. Sip Your Coffee on the Lanai or Soak up Some Sun by the Pool While Enjoying the Amazing Waterfront. Schedule a showing today!

Last Agent to Rent the Property

Darrin Brown

HANOVER REAL ESTATE AGENCY License #3386759 Listed on: 04/17/2024

Last Renter's Agent

Darrin Brown

HANOVER REAL ESTATE AGENCY License #3386759 Listed on: 04/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,591

Year Built

  • Built in 1996

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 100x246
  • 100 Feet of Pond Waterfront
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Interior Spaces

  • 1,678 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Formal Dining Room
  • Inside Utility
  • Pond Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Pool
  • Gunite Pool
  • Pool Sweep

Outdoor Features

  • Access To Pond
  • Screened Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank
  • High Speed Internet

Community Details

  • Property has a Home Owners Association
  • Danjo Managed Executive Properties Association, Phone Number (863) 646-3040
  • Deer Brooke South Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,700
  • Property Available on 6/1/24
  • Tenant pays for cleaning fee, re-key fee
  • The owner pays for grounds care, pool maintenance
  • 12-Month Minimum Lease Term
  • Available 6/24/24
  • Application Fee: 0
  • No Minimum Lease Term
  • Assessor Parcel Number 23-29-15-141576-004900

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,591

Year Built

Built in 1996

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Yes
  • Available Date: 2024-06-01
  • Terms Of Lease: No Smoking,Security Deposit Required
  • Long Term YN: 1
  • Security Deposit: 3700
  • Expected Lease Date: 2024-06-24T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 1678
  • Lot Size Acres: 0.57
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 2460
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 24829
  • Owner Pays: Grounds Care, Pool Maintenance
  • Tenant Pays: Cleaning Fee, Re-Key Fee
  • Directions to Property: S. Florida Ave to West on Ewell Rd. to North on Lunn Rd to West on Deerbrooke Dr. to South on Velvet Loop to Home on the Right.
  • Status: Leased
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 683293011
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 1.91
  • Unit Number YN: 0
  • Water Access YN: 1
  • MFR_InLawSuiteYN: 0
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 5941
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 155.89
  • Room Count: 7

Exterior Features

  • Direction Faces: East
  • Pool Features: Gunite, In Ground, Pool Sweep
  • Exterior Features: Sliding Doors
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Asphalt, Paved
  • Water Access: Pond
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 100
  • Water Frontage Feet Pond: 100

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Danjo Managed Executive Properties
  • Phone: 8636463040
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: With owner approval and non refundable pet fee.
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 0

Lot Info

  • Parcel Number: 23-29-15-141576-004900
  • Lot Features: In County
  • Lot Dimensions: 100x246
  • Lot Size Square Meters: 2307

Green Features

  • Green Verification Count: 0

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
May 18, 2021
Sold by
Radmin Brett Alan
Bought by
Allen Nicholas Edward and Allen Joanna Grace
Seller's Agent
Jenni Thompson
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Michael Mutz
KELLER WILLIAMS REALTY SMART
List Price
$289,900
Sold Price
$312,000
Premium/Discount to List
$22,100
7.62%
Current Estimated Value
$384,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,743
Avg. Annual Appreciation
4.87%
Original Mortgage
$296,400
Outstanding Balance
$268,612
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$116,131

Purchase Details

Closed on
Mar 15, 2017
Sold by
Moran Angela and Moran Byron
Bought by
Radmin Brett Alan

Purchase Details

Closed on
Mar 24, 2011
Sold by
Stephens Phillip M and Stephens Deborah E
Bought by
Moran Angela and Moran Byron

Purchase Details

Closed on
Aug 25, 2006
Sold by
Claburn Beuford and Claburn Renate
Bought by
Stephens Phillip M and Stephens Deborah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2000
Sold by
Stroud Robert E and Stroud Pamela E
Bought by
Claburn Beuford and Claburn Renate

Purchase Details

Closed on
Jul 10, 1995
Sold by
Deer Brook Ii Ptnr
Bought by
Stroud Robert E and Stroud Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,450
Interest Rate
7.64%
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
Allen Nicholas Edward $312,000 Attorney
Radmin Brett Alan -- Attorney
Moran Angela $152,500 Homeplus Title Partners Llc
Stephens Phillip M $293,000 First American Title Ins Co
Claburn Beuford $145,000 --
Stroud Robert E $15,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Nicholas Edward $296,400
Previous Owner Stephens Phillip M $293,000
Previous Owner Stroud Robert E $117,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2024 06/24/24 Rented $3,200 -8.4% --
04/27/2024 04/27/24 Under Contract -- -- --
04/17/2024 04/17/24 For Rent $3,495 0.0% --
05/18/2021 05/18/21 Sold $312,000 +7.6% $190 / Sq Ft View Prior Sale
04/17/2021 04/17/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $289,900 -- $177 / 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 $4,591 $296,254 $48,000 $248,254
2024 $4,447 $302,695 $48,000 $254,695
2023 $4,447 $297,159 $46,000 $251,159
2022 $4,118 $272,341 $44,000 $228,341
2021 $3,349 $205,502 $40,000 $165,502
2020 $3,253 $200,200 $38,000 $162,200
2018 $2,943 $172,133 $36,000 $136,133
2017 $2,825 $165,118 $0 $0
2016 $2,744 $158,245 $0 $0
2015 $2,255 $144,929 $0 $0
2014 $2,300 $131,754 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Darrin Brown

    Landlord's Agent in 2024

    Darrin Brown

    HANOVER REAL ESTATE AGENCY

    (863) 804-2969

    3 in this area

    64 Total Sales

    Darrin Brown
    Section Image
  • Jenni Thompson

    Seller's Agent in 2021

    Jenni Thompson

    KELLER WILLIAMS REALTY SMART

    (863) 899-5255

    6 in this area

    106 Total Sales

    Jenni Thompson
    Section Image
  • Michael Mutz

    Buyer's Agent in 2021

    Michael Mutz

    KELLER WILLIAMS REALTY SMART

    (863) 393-8910

    1 in this area

    49 Total Sales

    Michael Mutz
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4943905

Stellar MLS

APN: 23-29-15-141576-004900

Florida Polk County Lakeland 33811 Medulla

5941 Velvet Loop, Lakeland, FL

This home is located at 5941 Velvet Loop, Lakeland, FL 33811 since 17 April 2024 and is currently priced at $384,743. This property was built in 1996. 5941 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

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