NOT LISTED FOR SALE

Estimated Value: $168,979 - $254,000

3 Beds
2 Baths
1,160 Sq Ft
$172/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $130,000 $112 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,301/month

62 Days on Market

Highlights

  • City View
  • Traditional Architecture
  • Corner Lot
  • Lincoln Avenue Academy Rated A-
  • Attic
  • No HOA

About This Home

As of May 2023

Attention Investors, CASH ONLY!!! This is a rare opportunity to own a CASH-FLOWING rental property: With a high demand for rental properties in the area and low vacancy rates, cash-positive investment properties like this are sure to provide a consistent and steady stream of income. This 3 bedroom, 2 bath block home. The tenants lease is in place through 7/30/2023 rented for $1450/month. New Roof installed Aug/2017. This is the perfect investment for someone looking to expand their real estate portfolio and reap the benefits of long-term passive income. PURCHASE 1 OR ALL 21 PROPERTIES INCLUDED IN THIS PORTFOLIO PRODUCING OVER $22K IN MONTHLY INCOME! Don't miss out on this chance to secure your financial future for years to come! PLEASE DO NOT DISTURB THE OCCUPANTS.

Last Agent to Sell the Property

Joe Christian

KELLER WILLIAMS REALTY SMART License #505153 Listed on: 03/07/2023

KELLER WILLIAMS REALTY SMART

Last Buyer's Agent

Christina Moore

KELLER WILLIAMS REALTY SMART License #3248080

KELLER WILLIAMS REALTY SMART

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1947

Lot Details

  • 7,749 Sq Ft Lot
  • Lot Dimensions are 60x136
  • South Facing Home
  • Mature Landscaping
  • Corner Lot
  • Property is zoned RA-3

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Bungalow
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family Room Off Kitchen
  • Living Room
  • City Views
  • Laundry Room
  • Attic

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Shores Acres Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,759

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Traditional
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1160
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1947
  • Building Area Total: 1708
  • Lot Size Sq Ft: 7749
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 158.68
  • Escrow City: Lakeland
  • Escrow State: FL
  • Escrow Street Name: S Florida Avenue
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 112.07
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo, Master Bedroom Main Floor
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Block, Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic
  • Living Area Meters: 107.77

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Lot Info

  • Zoning: RA-3
  • Parcel Number: 24-28-17-193000-024010
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits, Paved
  • Lot Dimensions: 60x136
  • Flood Zone Code: x

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 1759.4
  • Tax Block: 24
  • Tax Book Number: 7-15
  • Tax Lot: 1

Multi Family

  • Currency Monthly Rent Amt: 1450.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
May 31, 2023
Sold by
Shield Holdings Llc
Bought by
Cj Property Group Florida Llc
Seller's Agent
Joe Christian
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Christina Moore
KELLER WILLIAMS REALTY SMART
List Price
$189,000
Sold Price
$130,000
Premium/Discount to List
-$59,000
-31.22%
Views
138
Current Estimated Value
$198,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,995
Avg. Annual Appreciation
17.72%

Purchase Details

Closed on
Jul 31, 2012
Sold by
Durden Marvin Read
Bought by
Shield Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.68%

Purchase Details

Closed on
Dec 15, 1999
Sold by
Mel Ruby Realty Inc
Bought by
Durden Marvin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.85%

Purchase Details

Closed on
Apr 19, 1999
Sold by
Schneider David P and Schneider Joy A
Bought by
Mel Rudy Realty Inc

Purchase Details

Closed on
Mar 26, 1998
Sold by
Mel Rudy Realty Inc
Bought by
Schneider David P and Schneider Joy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 1997
Sold by
Elliott W S and Elliott Lorraine
Bought by
Mel Rudy Realty Inc

Purchase Details

Closed on
Jun 23, 1995
Sold by
Mel Rudy Realty Inc
Bought by
Elliott W Scott and Elliott Lorraine

Purchase Details

Closed on
Jun 1, 1993
Sold by
Hudson Robert and Hudson Julia
Bought by
Mel Ruby Realty Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cj Property Group Florida Llc $130,000 Golden Rule Title
Shield Holdings Llc $445,000 North American Title Company
Durden Marvin R $46,000 --
Mel Rudy Realty Inc $54,100 --
Schneider David P $55,000 --
Mel Rudy Realty Inc $30,000 --
Elliott W Scott $29,003 --
Mel Ruby Realty Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shield Holdings Llc $350,000
Previous Owner Mel Rudy Realty Inc $40,000
Previous Owner Mel Rudy Realty Inc $15,000
Previous Owner Mel Rudy Realty Inc $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $130,000 -31.2% $112 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/16/2023 04/16/23 For Sale $189,000 0.0% $163 / Sq Ft
04/08/2023 04/08/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $189,000 -- $163 / 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 $3,133 $174,828 $18,600 $156,228
2024 $1,945 $173,516 $18,600 $154,916
2023 $1,945 $80,242 $0 $0
2022 $1,759 $72,947 $0 $0
2021 $1,546 $66,315 $0 $0
2020 $1,429 $107,455 $11,433 $96,022
2018 $1,234 $90,482 $10,815 $79,667
2017 $1,011 $45,294 $0 $0
2016 $939 $41,176 $0 $0
2015 $765 $37,433 $0 $0
2014 $640 $34,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4935656

Stellar MLS

APN: 24-28-17-193000-024010