NOT LISTED FOR SALE

Estimated Value: $219,000 - $249,279

2 Beds
1 Bath
1,152 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $256,000 $222 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,480/month

58 Days on Market

Highlights

  • No HOA
  • Screened Patio
  • Tile Flooring
  • Lincoln Avenue Academy Rated A-
  • Closed Circuit Camera
  • Central Air

About This Home

As of July 2024

An exceptional opportunity awaits savvy investors in the vibrant Lakeland area! Presenting a lucrative income-generating duplex that promises both stability and potential for growth. Nestled in a highly sought-after location, this property offers spacious and updated accommodations, making it an enticing prospect for those seeking a sound investment. Both units in this duplex are currently leased, offering a combined monthly income of $2,115. With reliable tenants already in place, you can enjoy immediate returns on your investment. Seize the opportunity to secure your foothold in the thriving Lakeland real estate market. Schedule a viewing today and discover the endless possibilities of owning your own investment property in this dynamic and sought-after locale.DO NOT DISTURB THE TENANTS.

Last Agent to Sell the Property

Rolf Rathie

MULTICON REALTY CORP Brokerage Phone: 352-241-0949 License #3413085 Listed on: 04/26/2024

Last Buyer's Agent

David Fleming

BHHS FLORIDA PROPERTIES GROUP License #3525300

BHHS FLORIDA PROPERTIES GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,283

Year Built

  • Built in 1952

Lot Details

  • 9,313 Sq Ft Lot
  • Lot Dimensions are 69x135

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,152 Sq Ft Home
  • Tile Flooring
  • Closed Circuit Camera

Outdoor Features

  • Screened Patio

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Lake Hunter Terrace Heights Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,283

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1152
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1952
  • Lot Size Sq Ft: 9313
  • Directions to Property: Sikes Blvd to Oakhill Street to Ruby Street.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 503847605
  • RATIO Current Price By Calculate: 222.22
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-241-0949
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Other
  • Foundation Details: Other
  • Street Number Modifier: 1034
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 107.02

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Disclosures: Lead Paint
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Security: Closed Circuit Camera(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RA-3
  • Parcel Number: 23-28-24-114000-002070
  • Additional Parcels: No
  • Lot Dimensions: 69x135
  • Flood Zone Code: x
  • Lot Size Square Meters: 865

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2282.98
  • Tax Block: B
  • Tax Book Number: 6-38
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 31, 2024
Sold by
Delcavo Timothy and Deinhardt John C
Bought by
Francis Thomas
Seller's Agent
Rolf Rathie
MULTICON REALTY CORP
Buyer's Agent
David Fleming
BHHS FLORIDA PROPERTIES GROUP
List Price
$249,000
Sold Price
$256,000
Premium/Discount to List
$7,000
2.81%
Views
41
Current Estimated Value
$238,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,430
Avg. Annual Appreciation
-5.53%
Original Mortgage
$204,800
Outstanding Balance
$202,483
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$36,087

Purchase Details

Closed on
Oct 14, 2020
Sold by
D & D Venture Properties Llc
Bought by
Deleavo Timothy and Deinhardt John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,800
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2020
Closed on
Feb 5, 2020
Sold by
Bucsku Edward S
Bought by
D & D Venture Propees Llc
Seller's Agent
Kristi Lawrence
STRAIGHT UP REALTY & PM LLC
Buyer's Agent
Rolf Rathie
MULTICON REALTY CORP
List Price
$124,900
Sold Price
$115,000
Premium/Discount to List
-$9,900
-7.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Closed on
Jan 14, 2005
Sold by
Dicesare Joseph A and Dicesare Chalah M
Bought by
Bucsku Edward S

Purchase Details

Closed on
Aug 3, 1998
Sold by
Burek Heidi M
Bought by
Dicesare Joseph A and Di Cesare Chalah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
6.94%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Francis Thomas $256,000 Nona Title
Francis Thomas $256,000 Nona Title
Deleavo Timothy -- Nu World Title Llc
Delcavo Timothy $100 Nu World Title
D & D Venture Propees Llc $115,000 Nu World Ttl Of Ctrl Fl Llc
Bucsku Edward S $52,000 Lawyers Title Ins
Dicesare Joseph A $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis Thomas $204,800
Closed Francis Thomas $204,800
Previous Owner Delcavo Timothy $107,800
Previous Owner Dicesare Joseph A $30,482
Previous Owner Dicesare Joseph A $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $256,000 0.0% $222 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
05/10/2024 05/10/24 Off Market $256,000 -- --
05/02/2024 05/02/24 Price Changed $244,000 -2.0% $212 / Sq Ft
04/30/2024 04/30/24 For Sale $249,000 0.0% $216 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $249,000 +116.5% $216 / Sq Ft
02/05/2020 02/05/20 Sold $115,000 -7.9% $100 / Sq Ft View Prior Sale
01/06/2020 01/06/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $124,900 -- $108 / 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 $2,752 $201,960 $18,500 $101,162
2024 $2,283 $137,756 -- --
2023 $2,283 $125,233 $18,000 $107,233
2022 $2,114 $115,093 $15,000 $100,093
2021 $1,987 $105,040 $15,000 $90,040
2020 $1,029 $85,019 $15,000 $70,019
2019 $708 $36,317 $15,000 $21,317
2018 $710 $36,097 $15,000 $21,097
2017 $712 $36,215 $0 $0
2016 $706 $35,339 $0 $0
2015 $691 $33,959 $0 $0
2014 $632 $33,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6199309

Stellar MLS

APN: 23-28-24-114000-002070