Seller's Agent in 2021
Cleve Loveland
LOVELAND PROPERTIES
(407) 352-8118
4 in this area
245 Total Sales
Estimated Value: $625,000 - $846,000
COLLEGE PARK / 5 UNIT INVESTMENT PROPERTY! EXTRAORDINARY OPPORTUNITY in this extraordinary 5-Unit property consisting of a Single Family Home (2 bedroom / 1 Bath), a 1 Bedroom / 1 Bath unit within the single family home (known as the "East Entrance") , A Free Standing Garage with 1) an upstairs 2 bedroom / 1 bath apartment, and 2) An efficiency ground floor unit under the garage apartment, and 3) A Garage/Storage Space, PLUS a free-standing Efficiency "Cottage." All of this on a nearly 12,000 square foot lot at the superlative corner of Smith and Formosa in College Park. This property has been in the family for over 40 years and has been meticulously maintained and kept in pristine condition. All the units are occupied with tenants in a month-to-month tenancy. Some tenants have been in place for the duration of the ownership. The roof of the single family home was replaced in 2015 and the roof for the "garage" structure was replaced in 2010. Great income / investment opportunity or additional income for an owner/occupant. An exceptional opportunity at an exceptional value!
Last Agent to Sell the Property
LOVELAND PROPERTIES License #602469 Listed on: 05/13/2021
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Darlington Deanna | $600,000 | Equitable Ttl Of Dr Phillips | |
| Princeton Property Group Ltd | $192,000 | -- | |
| Murphy Management Group Inc | $108,000 | -- | |
| Murphy Robert Boyce | $112,800 | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Murphy Management Group Inc | $108,000 | |
| Previous Owner | Murphy Robert Boyce | $112,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/25/2021 06/25/21 | Sold | $600,000 | -4.0% | $232 / Sq Ft |
| 05/28/2021 05/28/21 | Pending | -- | -- | -- |
| 05/27/2021 05/27/21 | For Sale | $624,900 | 0.0% | $242 / Sq Ft |
| 05/19/2021 05/19/21 | Pending | -- | -- | -- |
| 05/13/2021 05/13/21 | For Sale | $624,900 | -- | $242 / Sq Ft |
| 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 | $10,780 | $601,640 | $275,000 | $326,640 |
| 2024 | $9,715 | $586,150 | $275,000 | $311,150 |
| 2023 | $9,715 | $530,295 | $275,900 | $254,395 |
| 2022 | $9,051 | $491,922 | $275,900 | $216,022 |
| 2021 | $6,973 | $417,100 | $275,900 | $141,200 |
| 2020 | $6,413 | $420,021 | $275,900 | $144,121 |
| 2019 | $6,644 | $446,314 | $275,900 | $170,414 |
| 2018 | $5,775 | $356,702 | $155,000 | $201,702 |
| 2017 | $4,924 | $270,942 | $130,000 | $140,942 |
| 2016 | $4,558 | $244,002 | $120,000 | $124,002 |
| 2015 | $4,271 | $224,452 | $105,000 | $119,452 |
| 2014 | $3,968 | $206,232 | $115,000 | $91,232 |
Seller's Agent in 2021
Cleve Loveland
LOVELAND PROPERTIES
(407) 352-8118
4 in this area
245 Total Sales
Buyer's Agent in 2021
Chase Morton Tate
COMPASS FLORIDA LLC
(217) 899-2619
6 in this area
109 Total Sales
Source: Stellar MLS
MLS Number: O5943691
APN: 13-2229-6220-03-090