NOT LISTED FOR SALE

5973 Velvet Loop Lakeland, FL 33811

Medulla Neighborhood

Estimated Value: $357,649 - $411,000

3 Beds
2 Baths
1,979 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 5973 Velvet Loop, Lakeland, FL 33811 and is currently estimated at $394,912, approximately $199 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
$394,912

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
$166,289

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
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
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 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 $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
2015 $1,066 $108,535 $0 $0
2014 $1,372 $107,674 $0 $0
Source: Public Records

Map

Florida Polk County Lakeland 33811 Medulla

5973 Velvet Loop, Lakeland, FL

This home is located at 5973 Velvet Loop, Lakeland, FL 33811 and is currently estimated at $394,912, approximately $199 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.

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