by RH Advisors

See Home Value
$315,750
House - Off Market

1123 Colony Arms DRIVE

LAKELAND, FL 33813
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1667 Sqft
$1,805
Estimated Monthly
6.41%
Cap Rate

About This Property

MOVE IN READY!   Lovely 3-bedroom 2 bath home in South Lakeland near Scott Lake.  Large family room with a beautiful wood burning fireplace.  From the Florida room see the spacious back yard.  Split floor plan with large walk-in closet in master bedroom and oversized walk-in shower in master bathroom. Guest bedrooms are on either side of guest bathroom with a tub. Located in a highly rated public school district.  Shopping and numerous restaurants are within a few minutes from home.  Polk Parkway is approximately 4 miles away with access to Tampa or Orlando. The refrigerator is not warranted. There is a $1,200 credit.
Unit Size
1,667Ft²
Days on Market
64 days
Land Size
0.39 acres
Price per sqft
$203
Property Type
House
Property Taxes
$140
HOA Dues
-
Year Built
1988
Last updated: 3 months ago (Stellar MLS #L4941816)

Price History

Date / Event Date Event Price
Apr 5, 2024 Sold $315,750
Sold
Feb 27, 2024 In contract -
In contract
Feb 1, 2024 Listed by Smart Realty of Polk Inc dba Keller Williams Realty $339,000
Listed by Smart Realty of Polk Inc dba Keller Williams Realty
Lovely 3 bedroom 2 bath home in South Lakeland near Scott Lake. Get cozy in the large family room with a beautiful wood burning fire place. From the Florida room see the spacious back yard. Split floor plan with large walk in closet in master bedroom and over sized walk in shower in master bathroom. Guest bedrooms are on either side of guest bathroom with a tub. Located in a highly rated public school district. Shopping and numerous restaurants are within a few minutes from home. Polk…

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,141
  • Lot Size Depth Feet: 1,920
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,151
  • Gross Building Area: 2,151
  • Building Area: 1,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,667
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLONY PARK EAST
  • Land Acres: 0.394
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COLONY PARK EAST PB 82 PG 33 LOT 23

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 011821

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 285756
  • Parcel: 24-29-18-285756-000230
  • Lot: 23
  • Meridian: SEC 18 TWN 29S RNG 24E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 27.9589
  • Longitude: -81.9461

    Address

  • Full Address: 1123 Colony Arms Dr
  • Address - House Number: 1123
  • Address - Street Name: Colony Arms
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lakeland
  • Carrier Code: R022
  • 4-Digit Zip Code: 2858
  • Zip Code: 33813

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,654
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.0959
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 335,094
  • High Value: 367,231
  • Low Value: 302,958

    Market Valuation

  • Market Total Value: $264,957
  • Market Land Value: $48,000
  • Market Improvement Value: $216,957

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $126,875

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,603 ft²
$200/ft²
$320,000 Jul 11, 2023
$320,000 Aug 28, 2023
$297/mo
House
3 Beds
2 Baths
1,825 ft²
$157/ft²
$286,500 Sep 21, 2023
$286,500 Nov 9, 2023
$186/mo
House
3 Beds
2 Baths
1,422 ft²
$190/ft²
$270,000 Oct 20, 2023
$270,000 Nov 18, 2023
$86/mo
House
3 Beds
2 Baths
2,070 ft²
$168/ft²
$347,000 Oct 12, 2023
$347,000 Jan 26, 2024
$145/mo
House
4 Beds
2 Baths
1,825 ft²
$179/ft²
$327,000 Dec 9, 2023
$327,000 Jan 9, 2024
$186/mo
House
4 Beds
2 Baths
1,824 ft²
$214/ft²
$390,000 Oct 4, 2023
$390,000 Nov 15, 2023
$291/mo
House
3 Beds
2 Baths
1,674 ft²
$238/ft²
$399,000 Nov 13, 2023
-
$443/mo
House
3 Beds
2 Baths
1,610 ft²
$217/ft²
$349,900 Nov 15, 2023
-
$274/mo
House
3 Beds
2 Baths
1,768 ft²
$209/ft²
$370,000 Aug 13, 2023
-
$136/mo
House
3 Beds
3 Baths
1,828 ft²
$172/ft²
$314,000 Aug 11, 2023
-
$170/mo
House
3 Beds
2 Baths
2,262 ft²
$179/ft²
$404,900 Dec 6, 2023
-
$194/mo
Condo
3 Beds
2 Baths
1,925 ft²
$165/ft²
$317,000 Oct 13, 2023
-
$841/mo

About Lakeland Highlands


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Frequently Asked Questions

When was property at 1123 Colony Arms Drive built and last sold?
The property at 1123 Colony Arms Drive was built in 1988 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1123 Colony Arms Drive is $343,616.
What are some comparable homes to 1123 Colony Arms Drive?
Homes that are comparable to 1123 Colony Arms Drive include a house property at 6558 Evergreen Park Drive, 1222 Merlyn Street, 6013 Morningdale Avenue.

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