NOT LISTED FOR SALE

148 Shady Oak Ave Lake Wales, FL 33898

Estimated Value: $185,000 - $279,000

2 Beds
2 Baths
1,536 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 16, 2017

Last sale price $250,000 $163 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,456/month

5 Days on Market

Highlights

  • Oak Trees
  • Property is near public transit
  • Shed
  • Bartow Senior High School Rated A-
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of June 2017

GREAT INVESTMENT OPPORTUNITY! Three duplexes that are each 2 bedroom, 1 bathroom ... total of six rental units (average monthly rent is $580 per unit). One duplex has been renovated with ceramic tile throughout, new kitchen and bathroom cabinets and stainless appliances. All units have washer and dryer hook-ups and storage sheds. Addresses of the other duplexes are 3035 Cedar Street and 2980 Jasmine Avenue. The 3 duplexes share a large common backyard with a total of approximately .85 acres of land. Units are currently occupied.

Last Agent to Sell the Property

Anne Lazzari

WESTLAKE REAL ESTATE CO., INC. License #3151488 Listed on: 05/02/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,315

Year Built

  • Built in 1983

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 114x145
  • Oak Trees
  • Additional Parcels

Home Design

  • Duplex
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,536 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Range
  • Laundry in unit

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Shed
  • Property is near public transit

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Golf View Park Subdivision

Building Details

  • Gross Income $41,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,315

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1536
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1983
  • Lease Term: Month To Month
  • Lot Size Sq Ft: 15612
  • Number Of Lots: 3
  • Directions to Property: Highway 60 E, turn right on Shady Oak Ave, duplex is on the right. Jasmine Avenue and Cedar Street intersect Shady Oak Ave.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1036819
  • RATIO Current Price By Calculate: 162.76
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 148
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22T00:00:00.000
  • Flood Zone Panel: 12105C0570G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: R-2
  • Parcel Number: 28-30-08-941000-006070
  • Additional Parcels: Yes
  • Lot Features: In County, Near Public Transit
  • Lot Dimensions: 114x145
  • Flood Zone Code: X
  • Homestead YN: 0

Multi Family

  • Gross Income: 41000
  • Number Of Units Total: 3
  • Total Num Buildings: 3
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 1315
  • Tax Block: 6
  • Tax Book Number: 14-23
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 1, 2017
Bought by
Highlander One Llc
Seller's Agent
Anne Lazzari
WESTLAKE REAL ESTATE CO., INC.
List Price
$267,000
Sold Price
$250,000
Premium/Discount to List
-$17,000
-6.37%
Current Estimated Value
$232,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,000
Avg. Annual Appreciation
0.37%

Purchase Details

Closed on
Jan 1, 2017
Bought by
Highlander One Llc

Purchase Details

Closed on
Nov 5, 2016
Sold by
Brantley Sean L
Bought by
Brantley Megan S

Purchase Details

Closed on
Nov 1, 2016
Bought by
Highlander One Llc

Purchase Details

Closed on
Jun 1, 2005
Sold by
Dawson James E and Dawson Barbara M
Bought by
Albury Charles E

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
7.5%
Mortgage Type
Seller Take Back
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
Highlander One Llc $250,000 --
Highlander One Llc -- --
Brantley Megan S -- None Available
Highlander One Llc -- --
Albury Charles E $378,000 Real Estate Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Albury Charles E $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2017 09/17/17 Off Market $250,000 -- --
06/16/2017 06/16/17 Sold $250,000 -6.4% $163 / Sq Ft
05/08/2017 05/08/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $267,000 -- $174 / 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 $2,421 $84,313 -- --
2024 $1,761 $76,648 -- --
2023 $1,761 $69,680 $0 $0
2022 $1,648 $63,345 $0 $0
2021 $1,628 $57,586 $0 $0
2020 $1,443 $52,351 $10,000 $42,351
2018 $1,426 $53,858 $10,000 $43,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: K4701520

Stellar MLS

APN: 28-30-08-941000-006070