NOT LISTED FOR SALE

8850 Tom Costine Rd Lakeland, FL 33809

Estimated Value: $457,000 - $623,000

5 Beds
3.5 Baths
3,867 Sq Ft
$144/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $516,000 $133 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,084/month

38 Days on Market

Highlights

  • No HOA
  • In-Law or Guest Suite
  • Porcelain Tile
  • Lincoln Avenue Academy Rated A-
  • Walk-In Closet
  • Sliding Doors

About This Home

As of January 2023

Incredible 5 Bedroom, 3.5 Bath home on almost 2 Acres with a true Attached In-Law Suite with all amenities including a full second kitchen!!! This property truly has it all it is absolutely massive boasting almost 4,000 sq feet and NO HOA!!! The home has been COMPLETELY REMODELED including Luxury vinyl plank flooring throughout, all 4 bathrooms full remodeled with custom tile and vanities, 2 new kitchens featuring custom cabinetry, granite countertops and stainless appliances, new AC systems, all new lighting and fixtures throughout new well pump and equipment, new driveway and parking areas, new landscaping, a New Roof in 2018 and much much more! This is a true Estate Home with tons of privacy and room to bring all of your hobbies, vehicles, animals, family and friends! Perfect for entertaining or relaxing and enjoying the privacy. This home is ideal for anyone needing tons of space or needing a true guest or In-law suite or looking to be able to generate extra revenue. The In-Law area can be used as part of the main house since there is an adjoining door that can be permanently locked or left as a normal door. The In-Law Suite area includes a full kitchen, living room, bedroom, walk in closet, full bathroom, laundry room and a dedicated parking area and dedicated entrance as well as a dedicated exit to the backyard. The main home already includes 4 full bedrooms, all of which have direct access to bathrooms, 2 massive living room areas, a huge kitchen and a formal dining area and eat in kitchen area. There is tons of space in the backyard to add a pool or huge pole barn and to add areas for horses or other animals while leaving plenty of yard. This home has too much too list and it is an incredibly rare offering! Schedule your showing today while it is still available!

Last Agent to Sell the Property

Ben Becton

KELLER WILLIAMS REALTY SMART License #3222078 Listed on: 10/22/2022

KELLER WILLIAMS REALTY SMART

Last Buyer's Agent

Leslie Medcalf

ALLSTATE REALTY SERVICES License #3198079

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,258

Year Built

  • Built in 1970

Lot Details

  • 1.17 Acre Lot
  • East Facing Home
  • Property is zoned RC

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,867 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Range with Range Hood
  • Microwave

Flooring

  • Porcelain Tile
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,258

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 3867
  • Lot Size Acres: 1.17
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 4246
  • Lot Size Sq Ft: 51250
  • Directions to Property: Take exit 32 for US-98 toward Lakeland, Continue on US-98 N; Drive to Tom Costine Rd; Turn left onto US-98 N ; Turn right onto W Socrum Loop Rd; Slight left onto Ed Padgett Rd; Turn left onto Tom Costine Rd; Destination will be on the left
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4933460?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4933460?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96449
  • Price per Sq Ft: 133.44
  • Close to Original List Price Ratio: 0.76444
  • Ratio: Current Price\Building Area Total: 121.53
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Porcelain Tile, Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Thermostat, Walk-In Closet(s)
  • Appliances Included: Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Street Number Modifier: 8850
  • Room Count: 3
  • Additional Rooms: Interior In-Law Suite
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0165G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RC
  • Parcel Number: 24-27-06-000000-022100
  • Additional Parcels: No
  • Lot Dimensions: 205' wide by 250' deep
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Approval Process: Buyer is responsible for verifying any and all lease restrictions with the applicable regulatory entities including but not limited to the HOA, City or County.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer is responsible for verifying any and all lease restrictions with the applicable regulatory entities including but not limited to the HOA, City or County.

Tax Info

  • Tax Annual Amount: 5258
  • Tax Book Number: P-81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
Dec 22, 2022
Sold by
Millennia Realty Group Llc
Bought by
Medcalf Grady and Medcalf Leslie
Seller's Agent
Ben Becton
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Leslie Medcalf
ALLSTATE REALTY SERVICES
List Price
$675,000
Sold Price
$516,000
Premium/Discount to List
-$159,000
-23.56%
Views
66
Current Estimated Value
$558,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,589
Avg. Annual Appreciation
5.79%
Original Mortgage
$516,000
Outstanding Balance
$502,747
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
$95,278

Purchase Details

Listed on
May 22, 2022
Closed on
Jul 1, 2022
Sold by
Maria Glads Florez Revocable Living Trus
Bought by
Millennia Realty Group Llc
Seller's Agent
Jen Rodriguez
COLDWELL BANKER REALTY
Buyer's Agent
Ben Becton
KELLER WILLIAMS REALTY SMART
List Price
$389,900
Sold Price
$400,000
Premium/Discount to List
$10,100
2.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.18%

Purchase Details

Closed on
Dec 11, 2013
Sold by
Florez Maria Gladis
Bought by
Florez Maria Gladis

Purchase Details

Closed on
Jul 23, 2001
Sold by
Thompson Larry K and Coc Jacquelyn H Thompson
Bought by
Florez Maria G and Mitchell Michael
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
Medcalf Grady $516,000 Smart Title
Millennia Realty Group Llc $400,000 Capstone Title
Florez Maria Gladis -- Attorney
Florez Maria G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medcalf Grady $516,000
Previous Owner Florez Maria Gladis $177,035
Previous Owner Florez Maria Gladis $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2023 01/06/23 Sold $516,000 -3.6% $133 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/17/2022 11/17/22 Price Changed $535,000 -8.5% $138 / Sq Ft
11/14/2022 11/14/22 Price Changed $585,000 -2.5% $151 / Sq Ft
11/04/2022 11/04/22 Price Changed $599,900 -4.0% $155 / Sq Ft
11/01/2022 11/01/22 Price Changed $625,000 -3.8% $162 / Sq Ft
10/31/2022 10/31/22 Price Changed $649,900 -3.7% $168 / Sq Ft
10/22/2022 10/22/22 For Sale $675,000 +68.8% $175 / Sq Ft
07/01/2022 07/01/22 Sold $400,000 +2.6% $107 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/22/2022 05/22/22 For Sale $389,900 -- $104 / 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
2023 $475 $401,092 $0 $0
2022 $5,630 $381,863 $0 $0
2021 $5,258 $347,148 $39,727 $307,421
2020 $5,017 $328,479 $38,072 $290,407
2018 $1,109 $89,335 $0 $0
2017 $1,085 $87,498 $0 $0
2016 $1,046 $85,698 $0 $0
2015 $711 $85,102 $0 $0
2014 $983 $84,427 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4933460

Stellar MLS

APN: 24-27-06-000000-022100