NOT LISTED FOR SALE

Estimated Value: $323,000 - $504,000

2 Beds
2 Baths
1,968 Sq Ft
$222/Sq Ft Est. Value

Last Sold October 21, 2024

Last sale price $485,000 $246 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,478/month

65 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Family Room Off Kitchen
  • Lincoln Avenue Academy Rated A-
  • No HOA
  • Eat-In Kitchen

About This Home

As of October 2024

**Ideal Investment Opportunity**

Constructed in 2022, this duplex presents a valuable investment one unit is currently leased. The property features a two-story layout, with one unit situated on the ground floor and the other on the second floor. Each unit offers a spacious 2-bedroom and 2-bathroom configuration, including a master bedroom complete with an en-suite bathroom and walk-in closet. The open floor plan enhances the living space, which is complemented by a large kitchen equipped with new stainless steel appliances. Laminate flooring flows throughout each unit for easy maintenance. Convenience is a priority, with each unit boasting an internal laundry room and an external storage closet. Also can be owner occupied one unit is vacant and can be available for showing.

Parking is ample, featuring a covered carport and an extended driveway for additional vehicles.

Located in the rapidly expanding city of Lakeland, Florida, this duplex sits strategically between Tampa and Orlando, maximizing potential for growth and tenant attraction.

**Exclusive Offering:** Included with the property is an additional lot to the left of the alley, offering versatile potential for expanded parking or the development of a separate mother-in-law suite.

This property represents not just a dwelling, but an opportunity for significant investment and potential expansion in one of Florida's burgeoning cities.

Last Agent to Sell the Property

Crystal Arnold

EXP REALTY LLC License #3608205 Listed on: 07/20/2024

EXP REALTY LLC

Co-Listed By

Brunilda Finehirsh

FINEHIRSH REALTY POWERED BY SELLSTATE License #3361509

Last Buyer's Agent

Alyssa Pautauros

PALM LIFE REALTY License #3425639

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $227

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,427 Sq Ft Lot
  • Lot Dimensions are 55x135
  • Additional Parcels

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,968 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Storage Room
  • Inside Utility
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • Philip O’Brien Elementary School
  • Crystal Lake Middle/Jun School
  • Lakeland Senior High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,731 Sq Ft Building
  • Built by CMTG Construction
  • Shore Acres Subdivision, Chestnut Floorplan

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$227

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco, Vinyl Siding
  • Fireplace: No
  • Living Area: 1968
  • Lot Size Acres: 0.17
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 2731
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 7427
  • Number Of Lots: 1
  • Status: Sold
  • Street Direction: E
  • Co List Office Mls Id: MFR260034040
  • Co List Office Phone: 860-234-2983
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 253.72
  • Escrow City: Spring Hill
  • Escrow State: FL
  • Escrow Street Name: Beaumont Loop
  • RATIO Current Price By Calculate: 246.44
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2023
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Open Floorplan, Other
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility,Storage Rooms
  • Living Area Meters: 182.83

Exterior Features

  • Exterior Features: Lighting, Other, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12105C0320G

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer to Verify.

Fee Information

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

Schools

  • Elementary School: Philip O’Brien Elementary
  • High School: Lakeland Senior High
  • Middle Or Junior School: Crystal Lake Middle/Jun

Lot Info

  • Zoning: RB-1
  • Parcel Number: 24-28-17-193000-003070
  • Additional Parcels: Yes
  • Lot Dimensions: 55x135
  • Flood Zone Code: X

Building Info

  • Builder Name: CMTG Construction

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 227
  • Tax Block: 3
  • Tax Book Number: 7-15
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2024
Closed on
Oct 21, 2024
Sold by
Dang-Thanon Family Living Trust and Dang Ton Hy
Bought by
Stiltner Jason
Seller's Agent
Crystal Arnold
EXP REALTY LLC
Buyer's Agent
Alyssa Pautauros
PALM LIFE REALTY
List Price
$490,000
Sold Price
$485,000
Premium/Discount to List
-$5,000
-1.02%
Views
53
Current Estimated Value
$436,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,000
Avg. Annual Appreciation
-8.23%
Original Mortgage
$437,000
Outstanding Balance
$425,416
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$10,584

Purchase Details

Closed on
Jun 2, 2022
Sold by
Chime Group Llc
Bought by
Dang-Thanon Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 26, 2021
Sold by
Cmtg R/E Enterprises Inc
Bought by
Chime Group Llc
Seller's Agent
Stephanie Wagenbach
THE AGENCY REALTY GROUP LLC
Buyer's Agent
Melissa Bajsa
CMTG REAL ESTATE GROUP
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81.86%
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2021
Closed on
Apr 6, 2021
Sold by
Sun Shulan
Bought by
Cmtg Real Estate Enterprices Inc
Seller's Agent
Stephanie Wagenbach
THE AGENCY REALTY GROUP LLC
Buyer's Agent
Melissa Bajsa
CMTG REAL ESTATE GROUP
List Price
$25,000
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2019
Sold by
Grady Lynn B
Bought by
Sun Shulan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stiltner Jason $3,395 Orange Blossom Title
Chime Group Llc $100 None Listed On Document
Chime Group Llc $100 None Listed On Document
Cmtg Real Estate Enterprices Inc $25,000 Equity Title Llc
Sun Shulan $7,000 Equity Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stiltner Jason $437,000
Previous Owner Chime Group Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2024 10/21/24 Sold $485,000 -0.5% $246 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $487,500 -0.5% $248 / Sq Ft
07/20/2024 07/20/24 For Sale $490,000 0.0% $249 / Sq Ft
03/12/2024 03/12/24 Rented $1,600 0.0% --
03/07/2024 03/07/24 Price Changed $1,600 -5.8% $2 / Sq Ft
02/12/2024 02/12/24 Price Changed $1,699 -0.1% $2 / Sq Ft
01/29/2024 01/29/24 Price Changed $1,700 -1.4% $2 / Sq Ft
01/17/2024 01/17/24 For Rent $1,725 0.0% --
04/06/2021 04/06/21 Sold $25,000 0.0% -- View Prior Sale
03/23/2021 03/23/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $25,000 -- --
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 $2,641 $275,400 $16,335 $141,736
2024 -- $146,304 $16,335 $138,668
2023 -- $162,502 $15,592 $146,910
2022 $266 $14,479 $14,479 $0
2021 $227 $11,528 $0 $0
2020 $200 $10,480 $10,480 $0
2018 $195 $9,914 $9,914 $0
2017 $195 $9,914 $0 $0
2016 $200 $10,000 $0 $0
2015 $203 $10,000 $0 $0
2014 $188 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8250946

Stellar MLS

APN: 24-28-17-193000-003070