NOT LISTED FOR SALE

1139 W Mercury Dr A B C D Lakeland, FL 33801

Estimated Value: $313,000 - $349,000

2 Beds
1 Bath
2,992 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 14, 2018

Last sale price $189,500 $63 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,194/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Mature Landscaping
  • Lincoln Avenue Academy Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of May 2018

2 BR 1 Bath BRICK Fourplex near Winston Elementary School. All units are rented. Each unit has a utility room and a single carport. (Owner pays water)

Last Agent to Sell the Property

Tom Scharar

GATOR REALTY OF POLK License #77859 Listed on: 03/27/2018

Last Buyer's Agent

Gavin Welch

GUARANTEE REALTY LLC License #3277546

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1981

Lot Details

  • 0.37 Acre Lot
  • West Facing Home
  • Mature Landscaping

Parking

  • 1 Carport Space

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • Blinds
  • Separate Formal Living Room
  • Vinyl Flooring
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range

Schools

  • Socrum Elementary School
  • Kathleen Middle School
  • Kathleen High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Winston Heights Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,823

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Construction Materials: Brick
  • Fireplace: No
  • Living Area: 2992
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1981
  • Lease Term: 24 Months
  • Lot Size Sq Ft: 16422
  • Tenant Pays: Electricity
  • Directions to Property: South off Galloway Rd., Apx 1 block west of Winston Elementary School.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4726516&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4726516&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00265
  • Price per Sq Ft: 63.34
  • Close to Original List Price Ratio: 1.00265
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Interior Amenities: Eating Space In Kitchen
  • Appliances Included: Range, Refrigerator
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1139
  • Room Count: 1
  • Additional Rooms: Formal Living Room Separate
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0292G

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Parking Features: Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: Yes
  • Association Fee Requirement: None

Schools

  • Elementary School: Socrum Elem
  • High School: Kathleen High
  • Middle Or Junior School: Kathleen Middle

Lot Info

  • Zoning: R
  • Parcel Number: 23-28-09-025530-004010
  • Additional Parcels: No
  • Lot Features: In County
  • Lot Dimensions: Apx 160' x 105'
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2823
  • Tax Block: D
  • Tax Book Number: 69-49
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2023
Sold by
Duncan Jarrett and Duncan Michelle
Bought by
Donnchad Revocable Living Trust and Wiles
Current Estimated Value
$333,845

Purchase Details

Listed on
Mar 27, 2018
Closed on
May 11, 2018
Sold by
Davis Bobby C and The Bobby C And Margaret H Dav
Bought by
Duncan Jarrett S and Duncan Michelle D
Seller's Agent
Tom Scharar
GATOR REALTY OF POLK
Buyer's Agent
Gavin Welch
GUARANTEE REALTY LLC
List Price
$189,000
Sold Price
$189,500
Premium/Discount to List
$500
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$142,125
Interest Rate
4.44%

Purchase Details

Closed on
Mar 31, 2006
Sold by
Ramjas Rohan
Bought by
Davis Bobby C and The Bobby C & Margaret H Davis Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
7.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 2005
Sold by
Cauthen William H and Cauthen & Feldman P A 401 K Pl
Bought by
Ramjas Rohan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7%
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
Donnchad Revocable Living Trust -- None Listed On Document
Duncan Jarrett S $189,500 Attorney
Davis Bobby C $208,000 Attorney
Ramjas Rohan $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duncan Jarrett S $262,500
Previous Owner Duncan Jarrett S $142,125
Previous Owner Davis Bobby C $166,400
Previous Owner Ramjas Rohan $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2018 05/14/18 Sold $189,500 +0.3% $63 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $189,000 -- $63 / 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 $4,503 $226,658 -- --
2023 $4,503 $206,053 $0 $0
2022 $4,149 $187,321 $0 $0
2021 $4,061 $170,292 $0 $0
2020 $3,663 $154,811 $20,000 $134,811
2018 $2,991 $121,341 $20,000 $101,341
2017 $2,823 $97,937 $0 $0
2016 $2,636 $89,034 $0 $0
2015 $1,371 $80,940 $0 $0
2014 $2,174 $73,582 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4726516

Stellar MLS

APN: 23-28-09-025530-004010