NOT LISTED FOR SALE

Estimated Value: $268,631 - $325,000

2 Beds
2 Baths
2,144 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $285,000 $133 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,753/month

4 Days on Market

Highlights

  • Family Room with Fireplace
  • Central Heating and Cooling System
  • Ceiling Fan
  • No HOA

About This Home

As of April 2024

Discover the potential of this prime investment property nestled near Lake Buckeye in Winter Haven, Florida. This duplex offers a unique opportunity for investors seeking steady rental income in a desirable location. Both units are currently tenant-occupied, ensuring immediate cash flow and minimizing vacancy risks. Each unit features 2 bedrooms and 2 bathrooms, providing comfortable living spaces that appeal to tenants. The vaulted ceilings in the living rooms create an inviting atmosphere, while the kitchen-dining combos offer modern functionality with complete appliances, ample cabinetry, and dedicated laundry areas. Retreat to the master suites with private baths, or utilize the built-in closets in the second bedrooms for added convenience. Outside, the fenced backyard provides space for future enhancements or outdoor amenities to attract tenants. Winter Haven's reputation as a family-friendly city with affordable living and excellent weather makes this property a sound investment choice. Enjoy convenient access to Publix, Winter Haven Hospital, and major transportation routes like Hwy 17 and the regional airport. Seize this opportunity to add a profitable asset to your investment portfolio – schedule a viewing today!

Last Agent to Sell the Property

Jen Lysak

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3136316 Listed on: 02/16/2024

EXP REALTY LLC

Last Buyer's Agent

Michael Weed

CENTRAL FL EXECUTIVE REALTY License #3143280

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,910

Year Built

  • Built in 1984

Lot Details

  • 8,886 Sq Ft Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2,144 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Laundry in Kitchen

Schools

  • Elbert Elementary School
  • Denison Middle School
  • Chain Of Lakes Collegiate High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2,272 Sq Ft Building
  • Saxon Myers Rep Ph 1 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,910

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Concrete
  • Fireplace: Yes
  • Living Area: 2144
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 2272
  • Lot Size Sq Ft: 8886
  • Status: Sold
  • Street Post Direction: NE
  • Co List Office Phone: 888-883-8509
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 211.08
  • Escrow City: Lakeland
  • Escrow State: FL
  • Escrow Street Name: E Pine Street #11
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 132.93
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 888-883-8509
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 199.18

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12105C0365G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Kitchen
  • 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

Schools

  • Elementary School: Elbert Elem
  • High School: Chain of Lakes Collegiate High
  • Middle Or Junior School: Denison Middle

Lot Info

  • Parcel Number: 26-28-22-588311-000060
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 2
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 2910
  • Tax Book Number: 75-35
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 4, 2024
Sold by
20Th Oshea Llc
Bought by
Palanisamy Pranesh and Sankar Saranya
Seller's Agent
Jen Lysak
EXP REALTY LLC
Buyer's Agent
Michael Weed
CENTRAL FL EXECUTIVE REALTY
List Price
$279,000
Sold Price
$285,000
Premium/Discount to List
$6,000
2.15%
Views
56
Current Estimated Value
$291,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,408
Avg. Annual Appreciation
1.38%
Original Mortgage
$226,000
Outstanding Balance
$222,661
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$68,747

Purchase Details

Closed on
Mar 22, 2013
Sold by
Nakata Roger L
Bought by
20Th Oshea Llc

Purchase Details

Closed on
Apr 20, 2006
Sold by
Ocean Investments Of Weston
Bought by
Nakata Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,800
Interest Rate
6.33%

Purchase Details

Closed on
Jul 17, 2003
Sold by
Aitkens Larry M and Aitkens Mary B
Bought by
Ocean Investments Of Weston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
5.72%

Purchase Details

Closed on
Jun 30, 2003
Sold by
Lukes James M
Bought by
Aitkens Larry M and Aitkens Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
5.72%

Purchase Details

Closed on
Dec 20, 2001
Sold by
Clark John E and Clark Debra C
Bought by
Lukes James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,600
Interest Rate
6.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Palanisamy Pranesh $285,000 Easy Title Company Llc
Palanisamy Pranesh $285,000 Easy Title Company Llc
20Th Oshea Llc -- None Available
Nakata Roger L $132,000 Real Estate Title Svcs Inc
Ocean Investments Of Weston $70,200 --
Aitkens Larry M $78,000 All Florida Title
Aitkens Larry M $78,000 All Florida Title
Lukes James M $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palanisamy Pranesh $226,000
Closed Palanisamy Pranesh $226,000
Previous Owner Nakata Roger L $85,800
Previous Owner Aitkens Larry M $70,200
Previous Owner Lukes James M $66,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $285,000 +2.2% $133 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $279,000 -- $130 / 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 $2,571 $265,200 $18,500 $115,705
2024 $2,910 $130,521 -- --
2023 $2,910 $118,655 $0 $0
2022 $2,247 $107,868 $0 $0
2021 $2,134 $98,062 $0 $0
2020 $1,810 $89,147 $15,000 $74,147
2018 $1,778 $85,008 $15,000 $70,008
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4942602

Stellar MLS

APN: 26-28-22-588311-000060