5973 Velvet Loop Lakeland, FL 33811
Medulla NeighborhoodEstimated Value: $353,368 - $429,000
3
Beds
2
Baths
1,979
Sq Ft
$203/Sq Ft
Est. Value
About This Home
This home is located at 5973 Velvet Loop, Lakeland, FL 33811 and is currently estimated at $401,092, approximately $202 per square foot. 5973 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 3, 2023
Sold by
Croft Derrick
Bought by
Croft Brand
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$228,623
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$172,469
Purchase Details
Closed on
Feb 10, 2004
Sold by
Miller Construction Management Inc
Bought by
Croft Derrick and Croft Brandi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 9, 2003
Sold by
Flint Frank M and Flint Dona
Bought by
Miller Construction Management Inc
Purchase Details
Closed on
Dec 18, 2000
Sold by
Generalpartnership Deer Brooke Ii
Bought by
Flint Frank M and Flint Dona
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Croft Brand | -- | United Title Group | |
| Croft Derrick | $29,900 | Hillsborough Title Inc | |
| Miller Construction Management Inc | $23,000 | -- | |
| Flint Frank M | $21,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Croft Brand | $235,000 | |
| Previous Owner | Flint Frank M | $188,000 | |
| Previous Owner | Croft Derrick | $188,000 |
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 | $1,862 | $135,414 | -- | -- |
| 2024 | $1,704 | $131,598 | -- | -- |
| 2023 | $1,704 | $127,765 | $0 | $0 |
| 2022 | $1,622 | $124,044 | $0 | $0 |
| 2021 | $1,623 | $120,431 | $0 | $0 |
| 2020 | $1,589 | $118,768 | $0 | $0 |
| 2018 | $1,523 | $113,933 | $0 | $0 |
| 2017 | $1,488 | $111,590 | $0 | $0 |
| 2016 | $1,451 | $109,295 | $0 | $0 |
Source: Public Records
Map
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