NOT LISTED FOR SALE

2110 Melady Ave Sebring, FL 33870

Estimated Value: $185,703 - $272,000

4 Beds
2 Baths
1,512 Sq Ft
$153/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2021

Last sale price $730,000 $483 Per Sq Ft

Current estimated payment $1,450 / mo

35 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Fence is in good condition

About This Home

As of December 2021

INVESTOR ALERT! Sold as an entire package, includes 4 duplexes for a total of 8 units - each side is 2/1. These units are fully leased providing instant income at $750 per side, generating a cap rate that is great in today’s market. All 4 duplexes have new roofs and AC's have been changed within the last 2 years. All of the duplexes have been gradually updated. Don't miss out on a great opportunity! Units not available for showing without a bilateral sales agreement between buyer and seller.

Last Agent to Sell the Property

Matt Christian

Home Town Realty Pros License #3245256 Listed on: 10/14/2021

Last Buyer's Agent

MARINELA HILL

BHHS Florida Properties Group License #3451688

BHHS Florida Properties Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 1979

Lot Details

  • 11,139 Sq Ft Lot
  • Fence is in good condition

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number S-33-34-29-021-0020-0120

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Building Details

  • Gross Income $72,000
  • Net Operating Income $62,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,534

Year Built

Built in 1979

Lot Details

0.26 Acres

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • Directions: FROM INTERSECTION OF U.S. 27 & S HIGHLANDS AVE, TURN RIGHT ON DESOTO, LEFT ON PETERS, LEFT ON HOWARD, LEFT ON RAINBOW. ONE UNIT ON YOUTH CARE, OTHER THREE ON MELADY.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1979
  • Property Sub Type Additional: Other
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Concrete
  • Property Condition: Good Condition, Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 11139.0
  • Additional Parcels Description: ,,
  • Parcel #: S-33-34-29-021-0020-0120
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 1
  • Annual Gross Income: 72000.0
  • Property Net Operating Income: 62000.0

Tax Info

  • Tax Annual Amount: 1534.0
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Bought by
Current Estimated Value
$216,211

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 1, 2021
Sold by
Bought by
Seller's Agent
Matt Christian
Home Town Realty Pros
Buyer's Agent
MARINELA HILL
BHHS Florida Properties Group
List Price
$749,900
Sold Price
$730,000
Premium/Discount to List
-$19,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.06%

Purchase Details

Listed on
Mar 31, 2015
Closed on
Mar 26, 2015
Sold by
Bought by
Seller's Agent
Laura Higgins - Realtor Sebring
INACTIVE
Buyer's Agent
Laura Higgins - Realtor Sebring
INACTIVE
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.73%

Purchase Details

Closed on
Apr 20, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,200
Interest Rate
0.0401%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 28, 2011
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Kimberly L Sapp Pa
$730,000 Attorney
$150,000 None Available
$85,000 South Ridge Abstract & Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $90,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $730,000 -2.7% $483 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $749,900 +399.9% $496 / Sq Ft
03/31/2015 03/31/15 Sold $150,000 0.0% $99 / Sq Ft View Prior Sale
03/31/2015 03/31/15 For Sale $150,000 -- $99 / Sq Ft
Source: Heartland Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,378 $140,116 $5,925 $134,191
2024 -- $143,274 $3,950 $139,324
2023 $3,036 $117,434 $3,950 $113,484
2022 $2,582 $99,097 $3,950 $95,147
2021 $1,777 $67,521 $3,950 $63,571
2020 $1,534 $58,459 $0 $0
2019 $1,418 $49,227 $0 $0
2018 $1,335 $50,391 $0 $0
2017 $1,253 $47,084 $0 $0
2016 $1,113 $33,277 $0 $0
2015 $1,099 $33,173 $0 $0
2014 $1,067 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 283262

Heartland Association of REALTORS®

APN: S-33-34-29-021-0020-0120

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