NOT LISTED FOR SALE

122 Lincoln Ave Arcadia, FL 34266

Estimated Value: $124,000 - $177,529

2 Beds
2 Baths
1,432 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $130,050 $91 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,041/month

95 Days on Market

Highlights

  • Fishing
  • Florida Architecture
  • No HOA
  • Open Floorplan
  • Bonus Room
  • Covered Patio or Porch

About This Home

As of September 2023

Under contract-accepting backup offers. Country living in this spacious home on oversized lot in Lincoln Park. This home has over 16,000 square foot lot and a home that features two bedrooms, two bathrooms plus a family room and a bonus room. The 20’ x 20’ two car carport was added in 2008. Breezy back porch and back yard with a detached shed. This home has an inside laundry and utility room off the kitchen. The extra rooms could be ideal for home office or an extra bedroom. The home is located within the city limits of Arcadia and is serviced with public water and sewer. Great quiet location and easy access to all of the town including antiquing, enjoying the historic district or Peace River boating. Less than two miles to Morgan Park with miles of picturesque walking trails and picnic areas. Enjoy being in this rural county, the orchards & farms, enjoying the beautiful Peace River or head to the Gulf of Mexico beaches in Charlotte and Sarasota Counties.

Last Agent to Sell the Property

Cynthia Logan

KW PEACE RIVER PARTNERS Brokerage Phone: 941-875-9060 License #3002655 Listed on: 05/11/2023

KW PEACE RIVER PARTNERS

Co-Listed By

Phuong Atkins

KW PEACE RIVER PARTNERS Brokerage Phone: 941-875-9060 License #3238798

KW PEACE RIVER PARTNERS

Last Buyer's Agent

Phuong Atkins

KW PEACE RIVER PARTNERS Brokerage Phone: 941-875-9060 License #3238798

KW PEACE RIVER PARTNERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $443

Year Built

  • Built in 1969

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 140x137x140x110
  • East Facing Home
  • Oversized Lot
  • Property is zoned R-1C

Home Design

  • Florida Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,432 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room
  • Inside Utility
  • Laundry in unit
  • Utility Room
  • Range

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Memorial Elementary School
  • Desoto Middle School
  • Desoto County High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Lincoln Park Subdivision

Recreation

  • Fishing
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$443

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1432
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1626
  • Lot Size Sq Ft: 16074
  • Number Of Lots: 1
  • Directions to Property: From U.S. 17, west on Martin Luther King Blvd, right on S Potter Ave, left on W Griffin St, right on S Lincoln Ave to the home on the left. From W Magnolia St, head south on S Lee Ave, to left on S Alabama Ave, right on Harris Rd, left on Lincoln Ave to home on the right.
  • Status: Sold
  • Co List Office Mls Id: MFR274501116
  • Co List Office Phone: 941-875-9060
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1045936
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 90.82
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: 5120

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Thermostat, Window Treatments
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Window Treatments
  • Street Number Modifier: 122
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Family Room,Inside Utility
  • Living Area Meters: 133.04
  • Room Count: 9

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: None
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2013-11-06
  • Flood Zone Panel: 12027C0178C

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Driveway

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fishing, Park
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Schools

  • Elementary School: Memorial Elementary School
  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: R-1C
  • Parcel Number: 36-37-24-0218-0130-0050
  • Additional Parcels: No
  • Lot Features: City Limits, Oversized Lot, Paved
  • Lot Dimensions: 140x137x140x110
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1493
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Check with the City of Arcadia for any leasing restrictions.

Tax Info

  • Tax Annual Amount: 443.13
  • Tax Block: 13
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Aug 29, 2023
Sold by
Carrington Mtg Services Llc
Bought by
Gaines Jake and Gaines Sabine
Seller's Agent
Cynthia Logan
KW PEACE RIVER PARTNERS
Buyer's Agent
Phuong Atkins
KW PEACE RIVER PARTNERS
List Price
$153,000
Sold Price
$130,050
Premium/Discount to List
-$22,950
-15%
Views
678
Current Estimated Value
$150,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,332
Avg. Annual Appreciation
7.49%

Purchase Details

Closed on
Jan 30, 2023
Sold by
James Zelphia M
Bought by
Reverse Mortgage Funding Llc
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
Gaines Jake $130,050 None Listed On Document
Carrington Mtg Services Llc -- None Listed On Document
Reverse Mortgage Funding Llc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Zelphia M $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $130,050 -5.6% $91 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/15/2023 07/15/23 Price Changed $137,700 -5.3% $96 / Sq Ft
06/09/2023 06/09/23 Price Changed $145,350 -5.0% $102 / Sq Ft
05/11/2023 05/11/23 For Sale $153,000 -- $107 / 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 $2,676 $121,314 $4,000 $117,314
2023 $2,630 $117,477 $4,000 $113,477
2022 $443 $49,095 $0 $0
2021 $441 $47,665 $0 $0
2020 $441 $47,007 $0 $0
2019 $432 $45,950 $0 $0
2018 $122 $45,093 $0 $45,093
2017 $397 $43,029 $0 $43,029
2016 $0 $42,144 $0 $42,144
2015 -- $41,851 $0 $41,851
2014 -- $41,519 $0 $41,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7475458

Stellar MLS

APN: 36-37-24-0218-0130-0050