tomo logo

$455,000

Beds
5
Baths
3.0
sq ft
2,080

5202 Shepard Ln, Polk City, FL 33868

5202 Shepard Ln

POLK CITY, FL 33868

  • 554 days on market
    • Price drop $5,000↓
Back on the market with a price improvement! The previous buyer's deal fell through, and now is your perfect chance to make this magnificent home yours. This property is nestled in the charming town of Polk City, Florida. Situated on almost 5 sprawling acres, this listing offers a unique blend of natural beauty, accessibility, and limitless possibilities. As you approach the end of the dead-end road, you are greeted by the tranquility of the surrounding landscape, adorned with majestic and mature oak trees. The property exudes a sense of serenity, providing a private and peaceful oasis for you and your loved ones. The main residence features five spacious bedrooms and three full bathrooms, offering an abundance of space for a large or growing family. The thoughtful design of the home ensures comfort and convenience, with attention to detail evident in every room. The interior boasts a warm and inviting atmosphere, complemented by natural light streaming through many windows, creating a harmonious blend of indoor and outdoor living. One of the standout features of this property is the fully accessible mother-in-law suite, specifically designed to accommodate those with mobility needs. This suite provides a safe and comfortable living space, complete with all the necessary amenities and features to ensure independence and convenience. Stepping outside, you'll discover a verdant landscape with an option for a vegetable garden, ready for you to cultivate and enjoy. An efficient irrigation system ensures that your garden thrives, while you indulge in the joy of homegrown produce. With ample space and fertile soil, this property offers the perfect opportunity to embrace sustainable living and grow your own organic food. The possibilities for this property are truly endless. Whether you envision a charming hobby farm with chickens and horses or seek to create an outdoor paradise, you'll find all the space and resources needed to bring your dreams to life. The expansive acreage provides plenty of room for equestrian facilities, barns, or any other additions you may desire. Situated in Polk City, you'll enjoy the benefits of a close-knit community while being conveniently located near essential amenities. The town's charm is accentuated by its proximity to stunning natural attractions, including numerous lakes, parks, and outdoor recreational opportunities. Additionally, easy access to major highways ensures that you're just a short drive away from the vibrant city life of nearby such as Orlando or Lakeland. Don't miss the chance to own this remarkable property, where nature's beauty meets modern comfort. Come and explore the endless potential that awaits you in this exceptional Polk City retreat. Call today for a showing. At this price point it won't last long!

Details

Property type

Single Family Residence

Est. home value

$535,769

Lot size

4.87 acres

Price per sq ft

$219

Year built

1980

Annual property taxes

$5,790

HOA

No

Price History

01/06/2025
StellarMLS

StellarMLS #T3459864

Price change
$455,000
-1.09%
09/27/2024
StellarMLS

StellarMLS #T3459864

Pending
$460,000
09/06/2024
StellarMLS

StellarMLS #T3459864

Price change
$460,000
-3.16%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Midflorida Cu

Loan start date

March 2019

Original loan amount

$27,932

Est. remaining balance

Not provided

Interest rate

3.88%

Loan type

Purchase Money Mortgage, 15 year

Seller

Anthony M Lowery and Carolyn C Lowery

Lender

Midflorida Cu

Loan start date

March 2012

Original loan amount

$41,200

Est. remaining balance

$7,489

Interest rate

3.16%

Loan type

New Conventional, 15 year

Seller

Anthony M Lowery and Carolyn C Lowery

Lender

Lakeland Medical Employees Fed Credit Un

Loan start date

July 2000

Original loan amount

$7,000

Est. remaining balance

Not provided

Interest rate

8.32%

Loan type

New Conventional

Seller

Anthony M Lowery and Carolyn C Lowery

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/22/2025 at 11:20 PM

Listing updated: 01/06/2025 at 12:18 PM

Listed by: Tammy Chancey, REAL BROKER, LLC Phone #: (407) 279-0038

MLS: StellarMLS #T3459864

StellarMLS logo

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