NOT LISTED FOR SALE

1110 Mercury Dr W Unit A,B,C,D Lakeland, FL 33810

Estimated Value: $238,477 - $368,000

2 Beds
1 Bath
2,888 Sq Ft
$103/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $149,000 $52 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $2,012/month

11 Days on Market

Highlights

  • No HOA
  • Lincoln Avenue Academy Rated A-
  • Central Heating and Cooling System

About This Home

As of February 2020

QUADPLEX in Lakeland with each unit comprised of 2 beds 1 bath with nearly 1k sq ft of living space per unit. All four units combine for 8 bedrooms and 4 bath with over 4K total sq ft while being made of solid concrete. This cash cow will need a full rehab including a new roof, mold removal and has a minor lien, approx $6K, for roof in disrepair. Being offered at a 14% NET CAP RATE! Please see broker remarks for who to call.

Last Agent to Sell the Property

Geo Santillan

CANACORP INTERNATIONAL. INC License #3068692 Listed on: 02/13/2020

Last Buyer's Agent

DJ Delgado

DJ DELGADO MANAGEMENT GROUP License #3162925

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,952

Year Built

  • Built in 1981

Lot Details

  • 0.41

Parking

  • 4 Carport Spaces

Home Design

  • 2,888 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Additional Features

  • 0.41 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4,040 Sq Ft Building
  • Winston Heights Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,952

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Brick, Concrete
  • Fireplace: No
  • Living Area: 2888
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 4040
  • Lot Size Sq Ft: 17812
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5029951?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5029951?w=Customer
  • Unit Count: 4
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 7862010084
  • Ratio: Close Price\List Price: 0.93711
  • Price per Sq Ft: 51.59
  • Close to Original List Price Ratio: 0.93711
  • Ratio: Current Price\Building Area Total: 36.88
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0292G

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: Other, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Parcel Number: 23-28-09-025530-001530
  • Additional Parcels: No
  • Lot Dimensions: 00x00
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2952
  • Tax Block: A
  • Tax Book Number: 69-49
  • Tax Lot: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Feb 20, 2020
Sold by
All About Real Estate Llc
Bought by
Mallk Art Llc
Seller's Agent
Geo Santillan
CANACORP INTERNATIONAL. INC
Buyer's Agent
DJ Delgado
DJ DELGADO MANAGEMENT GROUP
List Price
$159,000
Sold Price
$149,000
Premium/Discount to List
-$10,000
-6.29%
Current Estimated Value
$298,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,869
Avg. Annual Appreciation
13.01%

Purchase Details

Listed on
Feb 13, 2020
Closed on
Feb 6, 2020
Sold by
Hsbc Bank Usa National Association
Bought by
All About Real Estate Llc
Seller's Agent
Geo Santillan
CANACORP INTERNATIONAL. INC
Buyer's Agent
DJ Delgado
DJ DELGADO MANAGEMENT GROUP
List Price
$159,000
Sold Price
$149,000
Premium/Discount to List
-$10,000
-6.29%

Purchase Details

Closed on
Nov 14, 2018
Sold by
Foshee Christopher R
Bought by
Hsbc Bank Usa Na and Freemont Home Loan Trust

Purchase Details

Closed on
Jul 20, 1998
Sold by
Davis Bobby C and Davis Margaret H
Bought by
Foshee Christophe R and Foshee Duska W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,250
Interest Rate
7.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 1996
Sold by
Cutler Henry H
Bought by
Davis Bobby C and Davis Margaret H
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
Mallk Art Llc $149,000 All About Closing Inc
All About Real Estate Llc $77,123 Accommodation
Hsbc Bank Usa Na $130,100 None Available
Foshee Christophe R $93,500 --
Davis Bobby C $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Bobby C $91,000
Previous Owner Davis Bobby C $222,300
Previous Owner Davis Bobby C $70,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2020 02/20/20 Sold $149,000 -6.3% $52 / Sq Ft
02/06/2020 02/06/20 For Sale $159,000 -- $55 / 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 $5,369 $237,225 -- --
2024 $4,354 $215,659 -- --
2023 $4,354 $196,054 $0 $0
2022 $3,914 $178,231 $20,000 $158,231
2021 $3,859 $164,766 $20,000 $144,766
2020 $3,014 $110,003 $20,000 $90,003
2018 $2,952 $118,343 $20,000 $98,343
2017 $2,788 $95,832 $0 $0
2016 $2,603 $87,120 $0 $0
2015 $1,340 $79,200 $0 $0
2014 $2,150 $72,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Geo Santillan

    Seller's Agent in 2020

    Geo Santillan

    CANACORP INTERNATIONAL. INC

    (321) 231-1389

    10 Total Sales

    Geo Santillan
    Section Image
  • DJ Delgado

    Buyer's Agent in 2020

    DJ Delgado

    DJ DELGADO MANAGEMENT GROUP

    (863) 258-8288

    60 Total Sales

    DJ Delgado
    Section Image
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Map

Source: Stellar MLS

MLS Number: S5029951

Stellar MLS

APN: 23-28-09-025530-001530

Florida Polk County Lakeland 33810

1110 Mercury Dr W Unit A,B,C,D, Lakeland, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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