NOT LISTED FOR SALE

Estimated Value: $157,000 - $303,000

4 Beds
2 Baths
1,758 Sq Ft
$140/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $277,000 $158 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,632/month

20 Days on Market

About This Home

As of November 2023

CALLING ALL INVESTOR THIS TURN KEY CASH COW INVESTMENT PROPERTY IS A PERFECT ADDITION FOR YOUR PORTFOLIO.. THIS AMAZING MONEY MAKING PROPERTY CONSIST OF 2 FULLY RENOVATED HOUSES ON A HUGE PRIVATE LOT... BOTH HOMES HAVE TONS OF RECENT UPGRADES AND WILL NOT DISAPPOINT. BOTH HOMES HAVE NEW ROOFS, NEW CENTRAL A/C IN ONE UNIT, NEW WINDOWS, NEW WATER HEATER'S, NEW TILE FLOORS, NEW KITCHEN CABINET'S, NEW BATHROOM VANITIES, TOTALLY REMODELED SHOWERS WITH NEW TILE AND FIXTURES, NEW FANS, NEW APPLIANCES, NEW 200 AMP ELECTRICAL SYSTEM, BOTH OF THE HOMES WERE EXTENSIVELY RE-WIRED, NEW PLUMBING PIPE AND SHUT OFF VALVES PLUS THE SEPTIC TANK WAS RECENTLY PUMPED AND INSPECTED. CURRENTLY ONE UNIT IS RENTED FOR $1550 THE OTHER WILL BE RENTED FOR $1650 FOR OCT 1, 2023 BOTH UNITS WILL HAVE NEW 12 MONTH LEASES READY FOR A NEW LANDLORD. LANDLORD PAYS FOR ELECTRICITY AND AVERAGES ABOUT $180 A MONTH THE PROPERTY HAS WELL WATER SO THERE IS NO WATER BILL. THIS PROPERTY HAS TONS OF POTENTIAL AND LOTS OF POSSIBILITIES AND WITH ALMOST 3/4 OF AN ACRES YOU HAVE PLENTY OF SPACE TO EXPAND, PARK YOUR TOYS AND YOUR RV.. CALL NOW DON'T LET THIS GOLDEN OPPORTUNITY PASS YOU BY..

Last Agent to Sell the Property

Roger Garcia

MR REALTY OF FLORIDA LLC Brokerage Phone: 770-733-2596 License #3302196 Listed on: 09/22/2023

Last Buyer's Agent

Roger Garcia

MR REALTY OF FLORIDA LLC Brokerage Phone: 770-733-2596 License #3302196 Listed on: 09/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $947

Year Built

  • Built in 1965

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 70x150

Home Design

  • 1,758 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Rainbow Lakes Estate Subdivision

Building Details

  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$947

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1758
  • Lot Size Acres: 0.72
  • New Construction: No
  • Year Built: 1965
  • Lot Size Sq Ft: 31363
  • Directions to Property: TAKE US 41 TO SW RAINBOW LAKES BLVD. TO SW BLUEGILL RD TO SW LARK DR TO PROPERTY
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 212656239
  • RATIO Current Price By Calculate: 157.57
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 19645
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 163.32

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well

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

Lot Info

  • Zoning: R1
  • Parcel Number: 1801-007-008
  • Additional Parcels: No
  • Lot Dimensions: 70x150
  • Flood Zone Code: X
  • Lot Size Square Meters: 2914

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 3200

Multi Family

  • Gross Income: 38400
  • Number Of Units Total: 2
  • Total Num Buildings: 2
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 946.69
  • Tax Block: 7
  • Tax Book Number: F-136
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Nov 2, 2023
Sold by
Hoobler James
Bought by
Vaa Management Llc
Seller's Agent
Roger Garcia
MR REALTY OF FLORIDA LLC
Buyer's Agent
Roger Garcia
MR REALTY OF FLORIDA LLC
List Price
$349,000
Sold Price
$277,000
Premium/Discount to List
-$72,000
-20.63%
Total Days on Market
20
Views
37
Current Estimated Value
$246,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,537
Avg. Annual Appreciation
-7.13%

Purchase Details

Closed on
Jan 31, 2023
Sold by
Cross Teresa and Cross George
Bought by
Hoobler James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.27%
Mortgage Type
Balloon

Purchase Details

Closed on
May 6, 2022
Sold by
George Jones
Bought by
Cross Teresa

Purchase Details

Closed on
Apr 3, 2021
Sold by
Jones Katie E
Bought by
Fuliottchones George

Purchase Details

Closed on
Feb 22, 2018
Sold by
Jones Linda and Jones George Doulglas
Bought by
Jones Katy
Source: Public Records

Range of Values:

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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
Vaa Management Llc $277,000 Lighthouse Title
Hoobler James $95,000 Lighthouse Title
Cross Teresa $100 Lighthouse Title
Cross Teresa $56,000 --
Fuliottchones George $27,700 None Available
Jones Katy $27,357 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoobler James $135,000
Previous Owner Jones Linda $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $277,000 -10.4% $158 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $309,000 -6.1% $176 / Sq Ft
09/28/2023 09/28/23 Price Changed $329,000 -5.7% $187 / Sq Ft
09/22/2023 09/22/23 For Sale $349,000 -- $199 / 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
2023 $2,986 $150,317 $18,675 $131,642
2022 $947 $78,543 $0 $0
2021 $929 $76,255 $0 $0
2020 $915 $75,202 $7,650 $67,552
2019 $1,666 $72,633 $8,400 $64,233
2018 $528 $40,081 $0 $0
2017 $513 $39,257 $0 $0
2016 $501 $38,450 $0 $0
2015 $500 $38,183 $0 $0
2014 $483 $37,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM664948

Stellar MLS

APN: 1801-007-008