NOT LISTED FOR SALE

1300 E 1st St Apopka, FL 32703

Estimated Value: $390,000 - $515,000

6 Beds
4 Baths
2,624 Sq Ft
$174/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $349,900 $133 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,079/month

1 Day on Market

Highlights

  • Property is near public transit
  • Oversized Lot
  • Eat-In Kitchen
  • No HOA
  • Rear Porch
  • Screened Patio

About This Home

As of December 2021

Wow. Don't miss out on adding this fantastic Duplex investment property to your portfolio. Rental performance has been strong with long term tenants in both units on month to month leases. Both sides are 3 bedroom 2 bath concrete block construction with interior laundry and rear screened porches. The property is located in a quiet unincorporated area east of downtown Apopka on a nice 1/2 acre lot. The location is close to public transportation, with quick access to SR 436, US 441 and the SR 451 connector for the 429 & 414 expressways. The popular Wekiwa Springs Park is only a few minutes away. The seller just installed a brand new roof(2021) and many other updates including new exterior breaker panels(2017), well bladder tank(2014), new septic drainfied for the 1300 unit(2015), both HVAC systems(2013) and updated windows. Potable water is from a private well but the City of Apopka has municipal water available on the street. All flooring in both units are ceramic tile. Landlord pays the electric for the well(approx $22/month) and the tenants pay electric, cable, phone, etc. Call today. This great income property won't last long!

Last Agent to Sell the Property

Robert Gillespie

HOMEPRO PROPERTIES License #557393 Listed on: 10/18/2021

Last Buyer's Agent

Robert Gillespie

HOMEPRO PROPERTIES License #557393 Listed on: 10/18/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,916

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot
  • Oversized Lot
  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 2,624 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry Room
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Outdoor Features

  • Screened Patio
  • Rear Porch

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,064 Sq Ft Building
  • Not Platted Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $4,890
  • Gross Income $26,700

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: Duplex
  • Construction Materials: Block, Cement Siding, Wood Frame
  • Fireplace: No
  • Living Area: 2624
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 3064
  • Lot Size Sq Ft: 21777
  • Tenant Pays: Electricity
  • Directions to Property: from Highway 436 go north on Thompson Road then turn right on E. 1st Street. Property will be on the right.
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Orlando
  • Escrow Postal Code: 32804
  • Escrow State: FL
  • Escrow Street Name: W. Colonial Drive
  • Escrow Street Number: 1601
  • List Office Head Office Key Nume: 1052741
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 133.35
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 1300-1302
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 243.78

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Water Available, Water Nearby
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Individually Metered: Electric

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyers responsibility to determine any pet restrictions with the County and City.

Fee Information

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

Lot Info

  • Zoning: R-2
  • Parcel Number: 11-21-28-0000-00-130
  • Additional Parcels: No
  • Lot Features: In County, Level, Near Public Transit, Oversized Lot, Paved
  • Flood Zone Code: X
  • Lot Size Square Meters: 2023

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 2225
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: It is the buyer's responsibility to determine any lease restrictions with the County and/or City.

Multi Family

  • Gross Income: 26700
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2
  • Total Monthly Expenses: 22

Tax Info

  • Tax Annual Amount: 3916.03
  • Tax Block: na
  • Tax Book Number: na
  • Tax Lot: 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Dec 13, 2021
Sold by
1300 East 1St Street Land Trust
Bought by
Toledo Alexis and Toledo Sandra
Seller's Agent
Robert Gillespie
HOMEPRO PROPERTIES
Buyer's Agent
Robert Gillespie
HOMEPRO PROPERTIES
List Price
$349,900
Sold Price
$349,900
Current Estimated Value
$455,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,457
Avg. Annual Appreciation
9.35%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Ws Financial Services Inc
Bought by
Private Equity Partners Llc and 1300 East 1St Street Land Trust

Purchase Details

Closed on
Dec 3, 2013
Sold by
Mcdonald Gail A
Bought by
Ws Financial Services Inc

Purchase Details

Closed on
May 31, 2006
Sold by
Powell Dudley S and Powell Denise Dell
Bought by
Mcdonald Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2005
Sold by
Bright Kayode I
Bought by
Powell Dudley S and Powell Denise Dell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2004
Sold by
Taylor James L
Bought by
Bright Kayode I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 2002
Sold by
Burk John J
Bought by
Taylor James L
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
Toledo Alexis $349,900 None Listed On Document
Private Equity Partners Llc -- None Available
Ws Financial Services Inc $76,100 None Available
Mcdonald Gail A $255,000 First Southwestern Title Com
Powell Dudley S $169,900 Equitable Title Agency Inc
Bright Kayode I $130,000 --
Taylor James L $105,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Toledo Alexis $210,079
Previous Owner Mcdonald Gail A $255,000
Previous Owner Powell Dudley S $135,900
Previous Owner Bright Kayode I $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2022 03/14/22 Off Market $349,900 -- --
12/13/2021 12/13/21 Sold $349,900 0.0% $133 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $349,900 -- $133 / 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 $6,784 $405,099 -- --
2024 $5,895 $405,099 -- --
2023 $5,895 $356,634 $90,000 $266,634
2022 $5,243 $304,357 $80,000 $224,357
2021 $4,244 $237,479 $75,000 $162,479
2020 $3,916 $238,857 $75,000 $163,857
2019 $3,624 $195,236 $30,000 $165,236
2018 $3,533 $190,982 $30,000 $160,982
2017 $3,221 $167,520 $30,000 $137,520
2016 $3,004 $153,572 $20,000 $133,572
2015 $2,891 $143,365 $20,000 $123,365
2014 $3,095 $148,760 $26,755 $122,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5980016

Stellar MLS

APN: 11-2128-0000-00-130