NOT LISTED FOR SALE

1504 Penniwa St Intercession City, FL 33848

Estimated Value: $104,000 - $239,000

1 Bed
1 Bath
456 Sq Ft
$361/Sq Ft Est. Value

Last Sold April 04, 2018

Last sale price $26,000 $57 Per Sq Ft

Est. 534% increase in value since last sale

Current estimated payment $1,010/month

49 Days on Market

Highlights

  • Attic
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • No HOA
  • Fenced

About This Home

As of April 2018

Major fixer upper located in Intercession City. Tenant in place paying $400 a month. Should be able to get more once its cleaned up. Keep it as a rental or rebuild. Cash only will not qualify for financing. Sold AS-IS. Needs lots of work but could be a solid rental. Don't miss this investment opportunity to get a rental property for a price like this! The 2 properties next to this are also for sale and the whole package can be purchased (making it 3 potential income properties) for $100k.

Last Agent to Sell the Property

Larry Atkins

ATKINS REALTY GROUP License #3021377 Listed on: 12/22/2017

Last Buyer's Agent

Jennifer Arguello

MERCEDES INVESTMENTS LLC License #3215268

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 6,229 Sq Ft Lot
  • Fenced
  • Land Lease expires 1/31/18
  • Property is zoned RS-2

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 456 Sq Ft Home
  • Linoleum Flooring
  • Crawl Space
  • Attic

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Interocean City Sec A Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 456
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1947
  • Building Area Total: 555
  • Lot Size Sq Ft: 6229
  • Directions to Property: 192 to Poinciana Blvd. Make right on OBT to right onto Tallahassee. Go right onto Osceola then left onto Penniwa. Home will be on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5553245&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5553245&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.74286
  • Price per Sq Ft: 57.02
  • Close to Original List Price Ratio: 0.74286
  • Ratio: Current Price\Building Area Total: 46.85
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Linoleum
  • Full Bathrooms: 1
  • Interior Amenities: Attic
  • Appliances Included: Electric Water Heater
  • Foundation Details: Crawlspace
  • Total Bedrooms: 1
  • Levels: One
  • Street Number Modifier: 1504
  • Room Count: 3
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12097C0045G

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: RS-2
  • Parcel Number: 33-25-28-3500-0012-0040
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2013-06-18
  • Land Lease Expiration Date: 2018-01-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 400

Tax Info

  • Tax Annual Amount: 791
  • Tax Block: 12
  • Tax Book Number: 1-169
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2017
Closed on
Apr 4, 2018
Sold by
Klix Phillip
Bought by
Reyes Jennifer
Seller's Agent
Larry Atkins
ATKINS REALTY GROUP
Buyer's Agent
Jennifer Arguello
MERCEDES INVESTMENTS LLC
List Price
$35,000
Sold Price
$26,000
Premium/Discount to List
-$9,000
-25.71%
Current Estimated Value
$164,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,806
Avg. Annual Appreciation
28.17%

Purchase Details

Closed on
Dec 18, 2012
Sold by
Klix Curtis
Bought by
Klix Philip

Purchase Details

Closed on
Jul 14, 2003
Sold by
Gilman Laurie and Gilman Laurie L
Bought by
Klix Curtis

Purchase Details

Closed on
Jul 3, 2003
Sold by
Gilman Halcott and Gilman Bonnie
Bought by
Gilman Laurie

Purchase Details

Closed on
Jan 3, 2002
Sold by
Gilman Halcott and Gilman Bonnie
Bought by
Gilman Laurie
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
Reyes Jennifer $26,000 Innovative Title Svcs Llc
Klix Philip -- None Available
Klix Curtis $17,000 --
Gilman Laurie -- --
Gilman Laurie -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2018 04/04/18 Sold $26,000 -25.7% $57 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
12/22/2017 12/22/17 For Sale $35,000 -- $77 / 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
2024 $1,423 $88,100 $32,000 $56,100
2023 $1,423 $39,530 $0 $0
2022 $1,120 $40,200 $17,900 $22,300
2021 $1,062 $33,200 $12,500 $20,700
2020 $989 $31,100 $12,500 $18,600
2019 $931 $27,000 $10,000 $17,000
2018 $810 $23,900 $7,000 $16,900
2017 $791 $23,200 $6,500 $16,700
2016 $747 $20,100 $6,500 $13,600
2015 $724 $18,200 $6,500 $11,700
2014 $614 $14,000 $6,500 $7,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5553245

Stellar MLS

APN: 33-25-28-3500-0012-0040