NOT LISTED FOR SALE

1133 Mercury Dr E Unit A,B,C,D Lakeland, FL 33810

Estimated Value: $463,000 - $545,000

8 Beds
4 Baths
2,888 Sq Ft
$176/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $490,000 $170 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,116/month

130 Days on Market

Highlights

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

About This Home

As of August 2023

Under contract-accepting backup offers. **Offers are in review. Awaiting attorney review to in order to pend the listing*** Brick construction, 2 Bedroom, 1 bathroom units with carport and washer/dryer hook-ups. Sold "As-Is". Fully Rented.

Last Agent to Sell the Property

Brandon Moore-Johnson

REAL BROKER, LLC License #3425693 Listed on: 03/02/2023

REAL BROKER, LLC

Co-Listed By

Candi Packett

BHHS FLORIDA PROPERTIES GROUP License #325190

Last Buyer's Agent

Brandon Moore-Johnson

REAL BROKER, LLC License #3425693 Listed on: 03/02/2023

REAL BROKER, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 1980

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 135x105

Parking

  • 4 Carport Spaces

Home Design

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

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

Community Details

Overview

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

Building Details

  • Gross Income $48,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,916

Year Built

Built in 1980

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: 0.33
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 4040
  • Lot Size Sq Ft: 14174
  • Directions to Property: Head north on N Galloway Rd toward Stephens Ave. Turn right onto Mercury Dr E. Destination will be on the left
  • Status: Sold
  • Street Post Direction: E
  • Co List Office Mls Id: MFR265502292
  • Co List Office Phone: 863-701-2350
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Lakeland
  • Escrow Postal Code: 33803
  • Escrow State: FL
  • Escrow Street Name: Florida Ave S
  • Escrow Street Number: 2323
  • List Office Head Office Key Nume: 1056269
  • RATIO Current Price By Calculate: 169.67
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Street Number Modifier: 1133
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 268.30

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22
  • Flood Zone Panel: 12105C0292G

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Parcel Number: 23-28-09-025530-001580
  • Additional Parcels: No
  • Lot Dimensions: 135x105
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1317

Rental Info

  • Total Actual Rent: 4075

Multi Family

  • Gross Income: 48900
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 3916.49
  • Tax Block: A
  • Tax Book Number: 69-49
  • Tax Lot: 58

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Aug 4, 2023
Sold by
Walter Smith Jr Testamentary Trust and Robert Smith Testamentary Trust
Bought by
Galeano Vanessa and Andriotis Constantine
Seller's Agent
Brandon Moore-Johnson
REAL BROKER, LLC
Buyer's Agent
Brandon Moore-Johnson
REAL BROKER, LLC
List Price
$517,000
Sold Price
$490,000
Premium/Discount to List
-$27,000
-5.22%
Views
316
Current Estimated Value
$506,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,901
Avg. Annual Appreciation
-0.04%
Original Mortgage
$490,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2016
Bought by
Smith Walter Jr Testamentry Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.46%

Purchase Details

Closed on
Feb 6, 2002
Sold by
Wilson Earl and Wilson Juanita
Bought by
Davis Bobby C/Margaret H Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.16%
Mortgage Type
Commercial
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
Galeano Vanessa $490,000 Miller Troiano Title
Smith Walter Jr Testamentry Tr $142,000 --
Davis Bobby C/Margaret H Trust $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galeano Vanessa $440,000
Closed Galeano Vanessa $490,000
Previous Owner Davis Bobby C/Margaret H Trust --
Previous Owner Davis Bobby C/Margaret H Trust $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $490,000 0.0% $170 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
05/24/2023 05/24/23 Off Market $490,000 -- --
04/28/2023 04/28/23 For Sale $517,000 +5.5% $179 / Sq Ft
04/08/2023 04/08/23 Off Market $490,000 -- --
03/02/2023 03/02/23 For Sale $432,000 -- $150 / 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
2024 $4,248 $448,800 $25,000 $172,387
2023 $4,248 $187,087 $0 $0
2022 $3,916 $170,079 $0 $0
2021 $3,841 $154,617 $0 $0
2020 $3,456 $140,561 $20,000 $120,561
2018 $3,333 $137,590 $20,000 $117,590
2017 $3,120 $122,653 $0 $0
2016 $2,566 $85,078 $0 $0
2015 $1,297 $77,344 $0 $0
2014 $2,125 $70,313 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4935691

Stellar MLS

APN: 23-28-09-025530-001580