NOT LISTED FOR SALE

Estimated Value: $278,000 - $5,979,000

2 Beds
1 Bath
23,900 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 13, 2017

Last sale price $1,050,000 $44 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $17,385/month

153 Days on Market

Highlights

  • Deck
  • No HOA
  • Patio
  • Lincoln Avenue Academy Rated A-
  • Porch
  • Ceramic Tile Flooring

About This Home

As of November 2017

Excellent investment opportunity...10 buildings/28 units(9-1bd/1ba, 19-2bd/ba) in good condition..Property is currently 100% occupied. Central heat & air in all units...Sale includes 1619 Goodyear Ave, 1623 Goodyear Ave, 1627 Goodyear Ave, 1631 GoodyearAve, 1635 Goodyear Ave, 1639 Goodyear Ave, 1643 Goodyear Ave, 1647 Goodyear Ave, 1651 Goodyear Ave & 1655 Goodyear Ave...

Last Agent to Sell the Property

Gate Arty

KELLER WILLIAMS REALTY SMART License #655886 Listed on: 02/28/2017

KELLER WILLIAMS REALTY SMART

Co-Listed By

Ryan Lopez

KELLER WILLIAMS REALTY SMART License #3282970

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,824

Year Built

  • Built in 1987

Lot Details

  • 6,787 Sq Ft Lot
  • Lot Dimensions are 201x385
  • Fenced
  • Level Lot
  • Additional Parcels

Parking

  • Parking Pad

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 23,900 Sq Ft Home
  • Blinds
  • Fire and Smoke Detector
  • Laundry in unit

Flooring

  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Oscar J Pope Elementary School
  • Crystal Lake Middle/Jun School
  • George Jenkins High School

Utilities

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 24-28-27-243542-000050

Community Details

Overview

  • No Home Owners Association
  • 10 Buildings
  • 28 Units
  • Fernwood Apts Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $89,352
  • Gross Income $182,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,824

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 23900
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1987
  • Lot Size Sq Ft: 6787
  • Number Of Lots: 11
  • Directions to Property: From Polk Parkway to Bartow Road, turn right onto County Road 33 A, Turn Right onto Skyview Drive, Make another right onto Goodyear Avenue, Property is on the right.
  • Status: Sold
  • Co List Office Mls Id: MFR265500286
  • Co List Office Phone: 863-577-1234
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1044122
  • RATIO Current Price By Calculate: 43.93
  • Total Acreage: One + to Two Acres
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Appliances Included: Electric Water Heater
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1619
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fence
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Porch
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22T00:00:00.000
  • Flood Zone Panel: 12105C0320G

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Oscar J Pope Elem
  • High School: George Jenkins High
  • Middle Or Junior School: Crystal Lake Middle/Jun

Lot Info

  • Zoning: 0
  • Parcel Number: 24-28-27-243542-000050
  • Additional Parcels: Yes
  • Lot Features: Level, Paved
  • Lot Dimensions: 201x385
  • Flood Zone Code: X
  • Homestead YN: 0

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Gross Income: 182750
  • Number Of Units Total: 28
  • Total Num Buildings: 10
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 1824
  • Tax Book Number: 75-29
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2019
Sold by
Trinacria Inc
Bought by
Country Oaks Apartments Llc
Current Estimated Value
$3,128,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,237,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 28, 2017
Closed on
Nov 9, 2017
Sold by
Goodyear Apartments Llc
Bought by
Trinacria Inc
Seller's Agent
Gate Arty
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$1,288,000
Sold Price
$1,050,000
Premium/Discount to List
-$238,000
-18.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.04%
Original Mortgage
$635,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 4, 2013
Closed on
Aug 28, 2014
Sold by
Smart Properties Llc
Bought by
Goodyear Apartments Llc
Seller's Agent
Mike Walker
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Ryan Lopez
KELLER WILLIAMS REALTY SMART
List Price
$899,900
Sold Price
$770,000
Premium/Discount to List
-$129,900
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%

Purchase Details

Closed on
Jan 24, 2003
Sold by
Richardson William C and Richardson Dorothy E
Bought by
Smart Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,023,600
Interest Rate
5.98%
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
Country Oaks Apartments Llc $1,662,625 Attorney
Trinacria Inc $1,050,000 Innovative Title Llc
Goodyear Apartments Llc $770,000 Florida Family Title Llc
Smart Properties Llc $853,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakeland 44 Goodyear Llc $2,590,000
Closed Country Oaks Apartments Llc $1,400,000
Closed Country Oaks Apartments Llc $1,237,500
Previous Owner Trinacria Inc $635,000
Previous Owner Trinacria Inc $100,000
Previous Owner Goodyear Apartments Llc $700,000
Previous Owner Smart Properties Llc $1,023,600
Closed Smart Properties Llc $93,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $770,000 -- --
02/11/2018 02/11/18 Off Market $1,050,000 -- --
11/13/2017 11/13/17 Sold $1,050,000 -18.5% $44 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $1,288,000 +67.3% $54 / Sq Ft
08/27/2014 08/27/14 Sold $770,000 -14.4% $34 / Sq Ft
08/11/2014 08/11/14 Pending -- -- --
03/04/2013 03/04/13 For Sale $899,900 -- $40 / 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 $4,460 $276,911 -- --
2024 $4,007 $251,737 -- --
2023 $4,007 $228,852 $18,000 $828
2022 $3,173 $167,556 $15,000 $152,556
2021 $3,055 $154,333 $15,000 $139,333
2020 $2,887 $143,065 $10,000 $133,065
2018 $2,555 $83,255 $10,000 $73,255
2017 $1,868 $72,673 $0 $0
2016 $1,824 $66,066 $0 $0
2015 $940 $60,060 $0 $0
2014 $1,221 $57,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4719193

Stellar MLS

APN: 24-28-27-243542-000050