NOT LISTED FOR SALE

7305 Summit Ave Lakeland, FL 33810

Estimated Value: $326,000 - $397,000

3 Beds
2 Baths
2,364 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $117,500 $50 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $2,038/month

124 Days on Market

Highlights

  • Family Room with Fireplace
  • Corner Lot
  • No HOA
  • Lincoln Avenue Academy Rated A-
  • High Ceiling
  • Breakfast Room

About This Home

As of August 2012

Short SaleThis home has it all! Large corner lot, 2 car garage, enormous shade trees and the floor plan is sure to impress. Large living room with Cathedral ceiling, formal dining room, family room w/beautiful stone fireplace.The kitchen is perfect, very open with a breakfast bar, large island & separate morning room. The master suite, has a Cathedral ceiling, tub/shower, makeup vanity, and a wonderful walk-in closet. Whether you relax on the patio, sit under the shade tree, or rock on the front porch, this home has room for everyone inside & out! No HOA, you can store the boat. Don't miss out, this is a ONE OF A KIND HOME ... priced right, spacious, and in a great location!

Last Agent to Sell the Property

Cheryl Skinner-Marble

XCELLENCE REALTY, INC License #3021228 Listed on: 12/10/2011

XCELLENCE REALTY, INC

Last Buyer's Agent

Newton Mercer

License #701574

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 1984

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 90.0x150.0
  • West Facing Home
  • Corner Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,364 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Range

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

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

Community Details

  • No Home Owners Association
  • Summit Unit 1 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,406

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2364
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 2930
  • Lot Size Sq Ft: 13500
  • Directions to Property: Hwy 98 N. from I-4, Duff is on the left. Left on Duff, home on the corner of Duff & Summit.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4634078&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4634078&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 000982
  • Ratio: Close Price\List Price: 1.04817
  • Price per Sq Ft: 49.7
  • Close to Original List Price Ratio: 0.91085
  • Ratio: Current Price\Building Area Total: 40.1
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Split Bedroom
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 7305
  • Room Count: 8
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RES
  • Parcel Number: 23-27-16-000982-000050
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County
  • Lot Dimensions: 90.0X150.0
  • Millage Rate: 15.56
  • Future Land Use: 0010
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-08-15T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 2406
  • Tax Book Number: 0075/0033
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2016
Sold by
Wayland Lloyd N
Bought by
Dowdy Clark A
Current Estimated Value
$346,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,355
Outstanding Balance
$116,501
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$230,370

Purchase Details

Listed on
Dec 10, 2011
Closed on
Aug 14, 2012
Sold by
Jackson Todd W and Jackson Heather M
Bought by
Wayland Lloyd N
Seller's Agent
Cheryl Skinner-Marble
XCELLENCE REALTY, INC
Buyer's Agent
Newton Mercer
List Price
$117,500
Sold Price
$117,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%
Original Mortgage
$119,897
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2005
Sold by
Stewart Robert D and Stewart Brenda L
Bought by
Jackson Todd W and Jackson Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2000
Sold by
Memolo Tommy
Bought by
Stewart Robert D and Stewart Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,675
Interest Rate
8.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 1996
Sold by
Smiley Deril L
Bought by
Memolo Tommy

Purchase Details

Closed on
Dec 28, 1995
Sold by
Smiley Deril L and Smiley Mary A
Bought by
Memolo Tommy
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
Dowdy Clark A $146,000 Lakeland Title Llc
Wayland Lloyd N $117,500 Homeplus Title Partners Llc
Jackson Todd W $188,500 Lakeland Title Agency
Stewart Robert D $112,300 --
Memolo Tommy $100 --
Memolo Tommy $96,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dowdy Clark A $143,355
Previous Owner Wayland Lloyd N $119,897
Previous Owner Jackson Todd W $188,500
Previous Owner Memolo Tommy $20,000
Previous Owner Memolo Tommy $107,500
Previous Owner Memolo Tommy $106,675
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2012 08/15/12 Sold $117,500 0.0% $50 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
12/10/2011 12/10/11 For Sale $117,500 -- $50 / 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 $2,681 $196,910 -- --
2024 $2,533 $191,361 -- --
2023 $2,533 $185,787 $0 $0
2022 $2,417 $180,376 $0 $0
2021 $2,401 $175,122 $0 $0
2020 $2,363 $172,704 $0 $0
2018 $2,309 $165,673 $18,500 $147,173
2017 $2,699 $153,988 $0 $0
2016 $1,786 $129,380 $0 $0
2015 $1,368 $128,481 $0 $0
2014 $1,687 $127,461 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cheryl Skinner-Marble

    Seller's Agent in 2012

    Cheryl Skinner-Marble

    XCELLENCE REALTY, INC

    (863) 602-8670

    43 Total Sales

    Cheryl Skinner-Marble
    Section Image

  • N

    Buyer's Agent in 2012

    Newton Mercer

See All Agents

Map

Source: Stellar MLS

MLS Number: L4634078

Stellar MLS

APN: 23-27-16-000982-000050

Florida Polk County Lakeland 33810

7305 Summit Ave, Lakeland, FL

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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