NOT LISTED FOR SALE

2218 & 2220 Leo Dr Unit A--D Auburndale, FL 33823

Estimated Value: $380,409 - $487,000

4 Beds
2 Baths
6,416 Sq Ft
$68/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $710,000 $111 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $2,474/month

5 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Walk-In Closet
  • Frank E. Brigham Academy Rated 9+
  • Screened Patio
  • Ceramic Tile Flooring

About This Home

As of January 2022

MULTIPLE OFFERS!!!! PLEASE SUBMIT HIGHEST AND BEST BY 12/05/2021 @ 5:00 PM.
Great Investment Opportunity! 2 parcels with 4 duplexes (8 units). All units are 2BR/1BA with screened front porches and closet laundry room. All roofs replaced 2016. Septic Tanks pumped 4/2021. 7 of 8 tenants are month to month.

Last Agent to Sell the Property

Amy Reynolds

LOCKHART & ASSOCIATES INC License #3156238 Listed on: 12/01/2021

Last Buyer's Agent

Zac Kluytenaar

THE K TEAM REAL ESTATE SERVICES LLC License #3323980

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,872

Year Built

  • Built in 1984

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 150x135
  • Additional Parcels

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Walk-In Closet
  • 6,416 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Fire and Smoke Detector
  • Laundry Located Outside

Kitchen

  • Range
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Screened Patio
  • Front Porch

Schools

  • Lena Vista Elementary School
  • Stambaugh Middle School
  • Tenoroc Senior High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • 6,992 Sq Ft Building
  • Acreage Subdivision

Pet Policy

  • Small pets allowed

Building Details

  • Gross Income $65,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,872

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 6416
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 6992
  • Lot Size Sq Ft: 20290
  • Number Of Lots: 2
  • Tenant Pays: Electricity, Water
  • Directions to Property: Turn on Berkley Rd by the Walmart in Auburndale. Turn Right onto Leo Dr. 2220 and 2218 will be on the Left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4918464?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4918464?w=Customer
  • Unit Count: 3
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.09231
  • Price per Sq Ft: 110.66
  • Close to Original List Price Ratio: 1.09231
  • Ratio: Current Price\Building Area Total: 101.54
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Street Number Modifier: 2218 & 2220
  • Number Of Buildings: 4

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Screened
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Outside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Lena Vista Elem
  • High School: Tenoroc Senior
  • Middle Or Junior School: Stambaugh Middle

Lot Info

  • Zoning: RG1
  • Parcel Number: 25-28-09-000000-014090
  • Additional Parcels Description: 25-28-09-000000-014070
  • Additional Parcels: Yes
  • Lot Dimensions: 150x135
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Total Actual Rent: 5425
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 65100
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 1872.12
  • Tax Book Number: P-81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 21, 2022
Sold by
Leo Dr Llc
Bought by
Lee Jared Paul
Seller's Agent
Amy Reynolds
LOCKHART & ASSOCIATES INC
Buyer's Agent
Zac Kluytenaar
THE K TEAM REAL ESTATE SERVICES LLC
List Price
$650,000
Sold Price
$710,000
Premium/Discount to List
$60,000
9.23%
Current Estimated Value
$435,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$274,648
Avg. Annual Appreciation
-12.23%
Original Mortgage
$266,250
Outstanding Balance
$245,383
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$189,969

Purchase Details

Closed on
Aug 1, 2016
Bought by
Leo Dr Llc

Purchase Details

Closed on
Feb 11, 2004
Sold by
Thome Richard A and Thome Muriel M
Bought by
Danalux Properties Llc

Purchase Details

Closed on
Jul 20, 1999
Sold by
Bogle Robert E
Bought by
Bogle Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,100
Interest Rate
7.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Lee Jared Paul $355,000 None Listed On Document
Leo Dr Llc $270,000 --
Danalux Properties Llc -- --
Bogle Robert E $29,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jared Paul $266,250
Previous Owner Bogle Robert E $58,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2022 01/21/22 Sold $710,000 +9.2% $111 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $650,000 -- $101 / 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 $2,080 $309,830 -- --
2024 $3,833 $281,664 $18,500 $158,677
2023 $3,833 $306,000 $18,000 $1,573
2022 $2,461 $130,545 $0 $0
2021 $2,332 $118,677 $0 $0
2020 $1,872 $107,888 $15,000 $92,888
2018 $1,988 $110,714 $15,000 $95,714
2017 $1,892 $105,861 $0 $0
2016 $1,713 $94,257 $0 $0
2015 $1,604 $86,485 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4918464

Stellar MLS

APN: 25-28-09-000000-014090