NOT LISTED FOR SALE

Estimated Value: $438,000 - $464,000

6 Beds
4 Baths
2,162 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 27, 2012

Last sale price $40,000 $19 Per Sq Ft

Est. 1,028% increase in value since last sale

Current estimated payment $2,672/month

53 Days on Market

Highlights

  • Oak Trees
  • 0.34 Acre Lot
  • High Ceiling
  • Lincoln Avenue Academy Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of February 2012

Short sale. Listing price may not be sufficient to pay the total of all liens & costs of sale & the sale of property @ full listing price may require the approval of sellers lenders. What a Location! In the Historic district of Lakeland and withinwalking distance of Florida Southern College! Great opportunity! Main house has wood floors, fireplace and central air, washer dryer! This is a great property on corner lot, nice landscaping, 3 car carport! Great Opportunity! Sold As Is. Thanks

Last Agent to Sell the Property

John Tremblay

THE TEAM REAL ESTATE GROUP INC License #3119142 Listed on: 07/22/2011

Co-Listed By

Chris Watts

THE TEAM REAL ESTATE GROUP INC License #3100908

Last Buyer's Agent

Chris Watts

THE TEAM REAL ESTATE GROUP INC License #3100908

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 0.34 Acre Lot
  • Mature Landscaping
  • Oak Trees
  • Historic Home

Parking

  • 3 Carport Spaces

Home Design

  • Bungalow
  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,162 Sq Ft Home
  • High Ceiling
  • Great Room
  • Family Room
  • Inside Utility
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wrights H A 1St Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Historic
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 2162
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 3668
  • Lot Size Sq Ft: 14850
  • Directions to Property: From Bartow Road, Right on Ingraham Avenue, Right on Palmetto Street, house on the corner.
  • Status: Sold
  • Street Direction: E
  • Co List Office Mls Id: MFR261011008
  • Co List Office Phone: 321-296-3868
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1041850
  • RATIO Current Price By Calculate: 18.50
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2010
  • Special Features: 12

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 4
  • Interior Amenities: High Ceilings, Split Bedroom
  • Appliances Included: Dishwasher, Electric Water Heater, Gas Water Heater, Range
  • Foundation Details: Crawlspace
  • Total Bedrooms: 6
  • Levels: Two
  • Street Number Modifier: 956
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Great Room,Inside Utility
  • Room Count: 7

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Lead Paint
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: Yes

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Natural Gas

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Association Fee Requirement: None

Lot Info

  • Zoning: 0
  • Parcel Number: 24-28-19-225000-001010
  • Additional Parcels: No
  • Lot Features: Paved
  • Homestead YN: 0
  • Zoning Compatible YN: 1
  • Future Land Use: 0271

Rental Info

  • Expected Lease Date: 2012-02-27T00:00:00.000

Tax Info

  • Tax Annual Amount: 2033
  • Tax Block: A
  • Tax Book Number: 0003/0103
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2011
Closed on
Feb 27, 2012
Sold by
Lane John J and Lane Kelly J
Bought by
Real Estate Holdings & Management Llc and 956 E Palmetto St Land Trust
Seller's Agent
John Tremblay
THE TEAM REAL ESTATE GROUP INC
Buyer's Agent
Chris Watts
THE TEAM REAL ESTATE GROUP INC
List Price
$40,000
Sold Price
$40,000
Current Estimated Value
$451,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,000
Avg. Annual Appreciation
20.32%
Original Mortgage
$50,000
Outstanding Balance
$35,170
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
$452,830

Purchase Details

Closed on
Feb 27, 2004
Sold by
Sheffield Belinda J
Bought by
Lane John J and Lane Kelly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.63%
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
Real Estate Holdings & Management Llc $40,000 Florida Titlesmith Llc
Lane John J $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real Estate Holdings & Management Llc $50,000
Previous Owner Lane Kelly J $40,000
Previous Owner Lane John J $126,000
Previous Owner Chatman Douglas E $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Off Market $40,000 -- --
02/27/2012 02/27/12 Sold $40,000 0.0% $19 / Sq Ft
09/14/2011 09/14/11 Pending -- -- --
07/22/2011 07/22/11 For Sale $40,000 -- $19 / 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 $2,630 $107,488 -- --
2024 $2,328 $97,716 -- --
2023 $2,328 $88,833 $0 $0
2022 $2,133 $80,757 $0 $0
2021 $2,018 $73,415 $0 $0
2020 $1,272 $66,741 $30,000 $36,741
2018 $1,335 $67,895 $30,000 $37,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5055319

Stellar MLS

APN: 24-28-19-225000-001010