NOT LISTED FOR SALE

133 E Patterson St Lakeland, FL 33803

Downtown Lakeland Neighborhood

Estimated Value: $392,000 - $578,000

2 Beds
2 Baths
2,635 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $1,734,800 $658 Per Sq Ft

Current estimated payment $3,040/month

129 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Lincoln Avenue Academy Rated A-

About This Home

As of January 2022

Amazing Income Producing Property. This 12 unit complex is located in the heart of Lakeland. Walking distance to Florida Southern College, Lake Hollingsworth, and Downtown Lakeland. This property is made up of 4 Triplexes totaling 12 units. All units are 2 bedroom 1 bath, individually metered, with interior washers and dryers. 11 out of 12 have been upgraded with stainless steel appliances, granite countertops, and either tile or vinyl plank flooring. The exterior of the buildings have been freshly painted this year.

Last Agent to Sell the Property

Matt Kish

54 REALTY LLC License #3392577 Listed on: 07/26/2021

54 REALTY LLC

Last Buyer's Agent

Terry Connors

THE SHOP REAL ESTATE CO. License #3323771

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,358

Year Built

  • Built in 1973

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Additional Parcels

Home Design

  • 2,635 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Buildings
  • 12 Units
  • Dixieland Rev Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,358

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Brick
  • Fireplace: No
  • Living Area: 2635
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1973
  • Lot Size Sq Ft: 6499
  • Number Of Lots: 4
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From south Florida Ave, Turn onto E patterson St. The apartments are located on your right. To park please pull onto Tennessee ave and into the parking spaces on the back side of the buildings.
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4924291?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4924291?w=Customer
  • Unit Count: 5
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96378
  • Price per Sq Ft: 658.37
  • Close to Original List Price Ratio: 0.96378
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 133
  • Number Of Buildings: 4

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Roof: Other, 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: 12105C0315G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Parcel Number: 24-28-19-220100-020020
  • Additional Parcels Description: 24-28-19-220100-020010, 24-28-19-220100-020030, 24-28-19-220100-020040
  • Additional Parcels: Yes
  • Lot Dimensions: 50x130
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22

Rental Info

  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 1358
  • Tax Block: 20
  • Tax Book Number: 1-67
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Matthew Delgiudice
Bought by
133 Patterson Llc
Current Estimated Value
$463,040

Purchase Details

Listed on
Jul 26, 2021
Closed on
Jan 18, 2022
Sold by
Mohler Michael C
Bought by
Delgiudice Matthew
Seller's Agent
Matt Kish
54 REALTY LLC
Buyer's Agent
Terry Connors
THE SHOP REAL ESTATE CO.
List Price
$1,800,000
Sold Price
$1,734,800
Premium/Discount to List
-$65,200
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.02%
Original Mortgage
$325,275
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2015
Sold by
Lake Hollingsworth Rentals Llc and Mohler Michael C
Bought by
Mohler Michael C

Purchase Details

Closed on
Jul 8, 2008
Sold by
Mohler Michael C and Mohler Nicole
Bought by
Lake Hollingsworth Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.08%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 23, 2003
Sold by
Bryant Donna and Elwanger Victoria
Bought by
Mohler Michael C and Mohler Nicole E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
9.24%
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
133 Patterson Llc -- None Listed On Document
Delgiudice Matthew $433,700 None Listed On Document
Mohler Michael C -- None Available
Lake Hollingsworth Rentals Llc $550,000 Polk County Title
Mohler Michael C $130,000 Insured Real Estate Title Se
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgiudice Matthew $325,275
Previous Owner Lake Hollingsworth Rentals Llc $412,500
Previous Owner Mohler Michael C $138,250
Previous Owner Mohler Michael C $110,500
Previous Owner Bryant Donna T $64,000
Closed Mohler Michael C $6,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $1,734,800 -3.6% $658 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $1,800,000 -- $683 / 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
2023 $6,209 $340,585 $84,000 $256,585
2022 $2,040 $86,187 $0 $0
2021 $1,851 $78,352 $0 $0
2020 $1,358 $71,229 $25,000 $46,229
2018 $1,490 $75,783 $25,000 $50,783
2017 $1,485 $75,505 $0 $0
2016 $1,457 $72,961 $0 $0
2015 $1,437 $70,642 $0 $0
2014 $1,328 $70,559 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Kish

    Seller's Agent in 2022

    Matt Kish

    54 REALTY LLC

    (863) 698-5858

    2 in this area

    81 Total Sales

    Section Image
  • Terry Connors

    Buyer's Agent in 2022

    Terry Connors

    THE SHOP REAL ESTATE CO.

    (727) 452-6054

    1 in this area

    197 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: L4924291

Stellar MLS

APN: 24-28-19-220100-020020

Florida Polk County Lakeland 33803 Downtown Lakeland

133 E Patterson St, Lakeland, FL

This home is located at 133 E Patterson St, Lakeland, FL 33803 since 26 July 2021 and is currently estimated at $463,040, approximately $175 per square foot. This property was built in 1973. 133 E Patterson St is a home located in Polk County with nearby schools including Philip O'brien Elementary School, Rochelle School Of The Arts, and Winston Academy of Engineering.

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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