NOT LISTED FOR SALE

204 &206 Mary Catherine Ct Lakeland, FL 33809

Estimated Value: $370,226 - $405,000

3 Beds
2 Baths
2,508 Sq Ft
$157/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $350,000 $140 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,528/month

45 Days on Market

Highlights

  • 1 Car Attached Garage
  • Central Air
  • Ceiling Fan
  • Lincoln Avenue Academy Rated A-

About This Home

As of February 2022

INVESTORS: If you are looking for an investment property has tenants, you have found it. This multi unit home (duplex) has a total of 6 bedrooms and 4 bathrooms with total square feet over 2,500 heated and cooled. A single car garage for each side houses the washer and dryer hookup and storage. Master bedroom and master bath are on the first floor of each unit/ There is ample storage inside the home as well with a good amount of closet space. This property is currently rented with leases expiring in mid 2022. Currently rented for $2500, there is a potential upside rental of $1,800+ per unit in this area. This property attracts tenants due to its: size, convenient location to shopping, Interstate 4 and both Orlando and Tampa International Airports. Disney is approximately a 45 minute drive. The Master Bedroom and Master Bath are on the first floor. Tile floors in the baths and main living area make it easy to care for. When your tenants enter the home they are met by a feeling of openness of the living room and kitchen. This income producer would make a great addition to your portfolio. Both units are currently leased and producing income. This double unit is located in a good quiet neighborhood on the northside of Lakeland. There is huge upside potential in this property. Please contact the listing agent for a private showing.

Last Agent to Sell the Property

Jim Hampton, Jr

S & D REAL ESTATE SERVICE LLC License #3413343 Listed on: 10/31/2021

S & D REAL ESTATE SERVICE LLC

Last Buyer's Agent

Dick Erdmann

RE/MAX PALM REALTY License #540372

RE/MAX PALM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1989

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 78x120

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,508 Sq Ft Home
  • Ceiling Fan

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 24-27-19-161344-000090

Community Details

Overview

  • 2,508 Sq Ft Building
  • Northside Villas Rep Subdivision

Building Details

  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,234

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Living Area: 2508.00
  • Lot Size Acres: 0.22
  • Year Built: 1989
  • Building Area Total: 2508.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4926282?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4926282?w=Customer
  • Lot Size Sq Ft: 9583
  • Building Search Sq Meters: 233.00
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4926282?w=PubMLS
  • Directions to Property: N Socrum Loop to E Daughtery to ODOM and Left on Mary Catherine Ct. House in in Cul de Sac
  • Escrow City: Lakeland
  • Escrow Postal Code: 33803
  • Escrow State: FL
  • Escrow Street Name: Florida Avenue South
  • Escrow Street Number: 1719
  • List Office Head Office Key Nume: 161479562
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Living Area Meters: 233.00
  • Street Number Modifier: 204 &206

Exterior Features

  • Roof: Shingle
  • Flood Zone Code: x
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Parcel Number: 24-27-19-161344-000090
  • Lot Dimensions: 78x120
  • Lot Size Square Meters: 890

Multi Family

  • Annual Expenses: 4500
  • Est Annual Market Income: 38400.00
  • Total Num Buildings: 1
  • Unit Count: 1
  • Gross Income: 30000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2234.20
  • Tax Book Number: 78-34
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2021
Closed on
Jan 26, 2022
Sold by
Augusthy Kurian P and Augusthy Saramma K
Bought by
Chess Properties Llc
Seller's Agent
Jim Hampton, Jr
S & D REAL ESTATE SERVICE LLC
Buyer's Agent
Dick Erdmann
RE/MAX PALM REALTY
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%
Current Estimated Value
$393,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,307
Avg. Annual Appreciation
4.47%
Original Mortgage
$280,000
Outstanding Balance
$259,461
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$149,882

Purchase Details

Closed on
Dec 12, 2000
Sold by
Mcclelland James M and Mcclelland Jane P
Bought by
Augusthy Kurian P and Augusthy Saramma K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
7.71%
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
Chess Properties Llc $350,000 Island Title Services
Chess Properties Llc $350,000 Island Title Services
Augusthy Kurian P $93,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chess Properties Llc $280,000
Closed Chess Properties Llc $280,000
Previous Owner Augusthy Kurian P $84,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $350,000 -10.2% $140 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/07/2021 12/07/21 Price Changed $389,900 -2.3% $155 / Sq Ft
12/05/2021 12/05/21 For Sale $399,000 0.0% $159 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $399,000 0.0% $159 / Sq Ft
10/31/2021 10/31/21 Pending -- -- --
10/31/2021 10/31/21 For Sale $399,000 -- $159 / 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 $4,672 $306,979 -- --
2024 $4,630 $279,072 $25,000 $141,124
2023 $4,630 $293,400 $24,000 $492
2022 $2,664 $131,897 $0 $0
2021 $2,600 $119,906 $0 $0
2020 $2,234 $109,005 $20,000 $89,005
2018 $2,230 $109,032 $20,000 $89,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4926282

Stellar MLS

APN: 24-27-19-161344-000090