NOT LISTED FOR SALE

137 N Hernando Ave Arcadia, FL 34266

Estimated Value: $246,469 - $267,000

4 Beds
2 Baths
1,679 Sq Ft
$154/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $249,000 $148 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,579/month

74 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of October 2022

Income opportunity knocking! Hurry rentals are high in demand. There are 2 units with two bedroom, one bath, kitchen with lots of cabinets, Large living room, and carport on each side. Nice sitting area on side by carport. Storage room. All tile floors. Lots of potential.. Central hear and air on each unit. City Water and Sewer. Live in one and rent the other one. Great vacation rental. Over 2700 Square Feet overall. Walking distance to everything. One unit is vacant ready for immediate occupancy. Rent does not reflect the current market potential . Tenant would stay. Unit has long term tenant. Beautiful and spacious lot. Call right know to schedule showing. Very easy to show. er

Last Agent to Sell the Property

Maribel Carrillo

TURNER REALTY, INC. License #3145442 Listed on: 06/17/2022

Last Buyer's Agent

Rebecca White

RIDGE REAL ESTATE ENTERPRISES License #3423402

RIDGE REAL ESTATE ENTERPRISES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,460

Year Built

  • Built in 1945

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150

Home Design

  • Duplex
  • Wood Frame Certified By Forest Stewardship Council

Interior Spaces

  • 1,679 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • Driveway

Location

  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 23 / 20
  • Assessor Parcel Number 25-37-24-0012-0200-0230

Community Details

Overview

  • No Home Owners Association
  • Arcadia Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,460

Year Built

Built in 1945

Lot Details

0.34 Acres

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Other, Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 1679
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1945
  • Building Area Total: 2754
  • Lot Size Sq Ft: 14985
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7461785?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7461785?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92599
  • Price per Sq Ft: 148.3
  • Close to Original List Price Ratio: 0.90545
  • Ratio: Current Price\Building Area Total: 90.41
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Thermostat
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete, Other, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12027C0178C

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, 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

Schools

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

Lot Info

  • Zoning: R-1B
  • Parcel Number: 25-37-24-0012-0200-0230
  • Additional Parcels: No
  • Lot Features: City Lot
  • Lot Dimensions: 100X150
  • Flood Zone Code: x
  • Flood Zone Date: 2013-11-06
  • Future Land Use: R-IB
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No
  • Total Actual Rent: 1200
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 2460.21
  • Tax Block: 20
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Oct 31, 2022
Sold by
Nab Enterprises Llc
Bought by
Degraff Kathy
Seller's Agent
Maribel Carrillo
TURNER REALTY, INC.
Buyer's Agent
Rebecca White
RIDGE REAL ESTATE ENTERPRISES
List Price
$275,000
Sold Price
$249,000
Premium/Discount to List
-$26,000
-9.45%
Views
29
Current Estimated Value
$259,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,117
Avg. Annual Appreciation
1.19%
Original Mortgage
$199,200
Outstanding Balance
$193,012
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$66,105

Purchase Details

Closed on
Oct 29, 2012
Sold by
Barajas Ernesto and Barajas Neyre A
Bought by
Nab Enterprises Llc

Purchase Details

Closed on
Feb 22, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Barajas Ernesto and Barajas Neyre

Purchase Details

Closed on
Jun 24, 2008
Sold by
Digman Cynthia A and Digman Denzil D
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
May 20, 2004
Sold by
Johnson Billy Joe and Johnson Renee D
Bought by
Digman Denzil D and Digman Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
7.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 15, 1997
Sold by
Walston Annie L and Newberry Peggy Ann
Bought by
Johnson Billy Joe and Hall Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,900
Interest Rate
7.23%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Degraff Kathy $249,000 Arcadia Abstract & Title
Nab Enterprises Llc -- Attorney
Barajas Ernesto $40,000 Crossland Title Services Llc
Hsbc Bank Usa Na -- None Available
Digman Denzil D $82,000 Abstract & Title Company L
Johnson Billy Joe $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Degraff Kathy $199,200
Previous Owner Digman Denzil D $73,800
Previous Owner Johnson Billy Joe $39,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $249,000 -7.4% $148 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $268,900 -2.2% $160 / Sq Ft
06/17/2022 06/17/22 For Sale $275,000 -- $164 / Sq Ft
Source: Stellar MLS

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 $2,754 $172,391 -- --
2023 $2,511 $149,880 $8,000 $141,880
2022 $2,629 $99,988 $0 $0
2021 $2,460 $115,059 $8,000 $107,059
2020 $2,366 $115,926 $8,000 $107,926
2019 $2,128 $99,818 $8,000 $91,818
2018 $2,034 $99,838 $0 $99,838
2017 $1,549 $74,885 $0 $74,885
2016 $1,585 $54,928 $0 $54,928
2015 $1,608 $54,948 $0 $54,948
2014 $1,385 $46,163 $0 $46,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7461785

Stellar MLS

APN: 25-37-24-0012-0200-0230

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