NOT LISTED FOR SALE

1904 SE Cherry Dr Unit 1904/1908 Arcadia, FL 34266

Estimated Value: $317,000 - $431,000

4 Beds
4 Baths
2,144 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $275,000 $128 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,406/month

2 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Ceiling Fan

About This Home

As of July 2023

MULTIPLE OFFERS! HIGHEST AND BEST DUE BY 6/28 @ 5PM. DOUBLE YOUR RENTAL INCOME BY ADDING THIS CONCRETE BLOCK BUILT IN 2010, 2 BEDROOM 2 BATHROOM DUPLEX SITTING ON JUST UNDER AN ACRE LOT TO YOUR RENTAL PORTFOLIO! Each side offers more than 1,000 sq foot of living space, easy maintenance floor coverings and 100% occupancy rate. There are two duplexes available and two additional lots zoned for duplexes. Buy all or buy some but do not wait, these are too nice to stay for long. Additional Photos Coming!!

Last Agent to Sell the Property

Sarah Whidden

TOWN & COUNTRY PROPERTIES OF FL License #3397407 Listed on: 06/26/2023

Last Buyer's Agent

Frank Koehn

THE WILLIAMSON GROUP REALTY, I License #3517545

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,593

Year Built

  • Built in 2010

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 141x241

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,144 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Schools

  • Desoto Middle School
  • Desoto County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,394 Sq Ft Building
  • Forest Pine Estates Subdivision

Building Details

  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,593

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2144
  • Lot Size Acres: 0.78
  • New Construction: No
  • Year Built: 2010
  • Building Area Total: 2394
  • Lot Size Sq Ft: 34107
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Building Area Total Srch Sq M: 222.41
  • Escrow City: Port Charlotte
  • Escrow State: FL
  • Escrow Street Name: Tamiami Trail
  • RATIO Current Price By Calculate: 128.26
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 199.18

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Water Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Schools

  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: RMF-M
  • Parcel Number: 06-38-25-0120-00G0-0050
  • Additional Parcels: No
  • Lot Dimensions: 141X241
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Gross Income: 19800
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4593
  • Tax Block: G
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Jul 31, 2023
Sold by
Varner Phillip E and Varner Georgia A
Bought by
Scruggs Bradley
Seller's Agent
Sarah Whidden
TOWN & COUNTRY PROPERTIES OF FL
Buyer's Agent
Frank Koehn
THE WILLIAMSON GROUP REALTY, I
List Price
$269,000
Sold Price
$275,000
Premium/Discount to List
$6,000
2.23%
Views
25
Current Estimated Value
$360,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,759
Avg. Annual Appreciation
11.47%
Original Mortgage
$385,000
Interest Rate
9.09%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 31, 2020
Sold by
Bermont Properties Llc
Bought by
Varner Phillip E and Varner Georgia A

Purchase Details

Closed on
Jul 29, 1998
Sold by
Dow Mindy P
Bought by
Summers Russell D and Summers Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,500
Interest Rate
6.94%
Mortgage Type
Commercial
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
Scruggs Bradley $275,000 Arcadia Abstract & Title
Varner Phillip E $524,600 None Available
Summers Russell D $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Scruggs Bradley $385,000
Previous Owner Summers Russell D $19,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $275,000 +2.2% $128 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $269,000 -- $125 / 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 $6,400 $349,997 $45,000 $304,997
2023 $4,484 $245,764 $38,500 $207,264
2022 $4,593 $256,737 $30,000 $226,737
2021 $4,230 $196,197 $15,000 $181,197
2020 $3,687 $197,573 $15,000 $182,573
2019 $3,396 $171,479 $15,000 $156,479
2018 $3,277 $172,726 $0 $172,726
2017 $1,990 $132,067 $0 $132,067
2016 $2,484 $99,206 $0 $99,206
2015 $2,457 $99,611 $0 $99,611
2014 $2,110 $91,482 $0 $91,482
Source: Public Records

Agents Affiliated with this Home

  • Sarah Whidden

    Seller's Agent in 2023

    Sarah Whidden

    TOWN & COUNTRY PROPERTIES OF FL

    (863) 205-7261

    73 in this area

    126 Total Sales

    Sarah Whidden
    Section Image
  • Frank Koehn

    Buyer's Agent in 2023

    Frank Koehn

    THE WILLIAMSON GROUP REALTY, I

    (863) 991-4430

    6 in this area

    10 Total Sales

    Frank Koehn
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4574780

Stellar MLS

APN: 06-38-25-0120-00G0-0050

Florida DeSoto County Arcadia 34266

1904 SE Cherry Dr Unit 1904/1908, Arcadia, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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