NOT LISTED FOR SALE

227 Smith Ave Arcadia, FL 34266

Estimated Value: $210,000 - $302,203

3 Beds
4 Baths
2,040 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $285,000 $140 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,842/month

16 Days on Market

Highlights

  • Craftsman Architecture
  • Oversized Parking
  • In-Law or Guest Suite
  • No HOA
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of January 2023

HOME AND MOTHER IN LAW SUITE that shows super nice. Total of 6 bedrooms, and 4 full baths . Lots of room on each side. Main Home has 3 good size bedrooms and 2 baths. Very spacious living room. Kitchen and dining room combo. Extra sitting room in the back. Very nice size utility washer and dryer room. Mother in law suite law also has 3 bedrooms and 2 baths. Beautiful kitchen dining room combo and super nice living room. New shingle roof in 2021. Home and mother in law suite each have newer central a/c units and water heaters. This home offers lots of privacy between each living quarters. Will make a wonderfully home for a growing family. Don’t let the age of this home full you. Newer electrical panel boxes. THERE IS OVER 2800 SQ FT OF LIVING AREA. More interior photos to follow. Qualifies for most financing programs.

Last Agent to Sell the Property

Maribel Carrillo

TURNER REALTY, INC. License #3145442 Listed on: 10/11/2022

Last Buyer's Agent

Maribel Carrillo

TURNER REALTY, INC. License #3145442 Listed on: 10/11/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 1946

Lot Details

  • 0.38 Acre Lot
  • East Facing Home
  • Property is zoned R-1B

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,040 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Parking

  • Oversized Parking
  • Open Parking

Outdoor Features

  • Outdoor Storage

Schools

  • West Elementary School
  • Desoto Middle School
  • Desoto County High School

Utilities

  • Central Air
  • Heating Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • E R Watsons Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,925

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Ranch
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2040
  • Lot Size Acres: 0.38
  • New Construction: No
  • Year Built: 1946
  • Building Area Total: 2816
  • Lot Size Sq Ft: 16640
  • Directions to Property: Hwy 70 West to right onto N Wilson left on W. Hickory right on Smith look for property on the Left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7466858?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7466858?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95318
  • Price per Sq Ft: 139.71
  • Close to Original List Price Ratio: 0.95318
  • Ratio: Current Price\Building Area Total: 101.21
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Other
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 227
  • Room Count: 15
  • Additional Rooms: Interior In-Law Suite
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: None
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12027C0176C

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open, Oversized
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Laundry Closet, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: West Elementary School
  • High School: DeSoto County High School
  • Middle Or Junior School: DeSoto Middle School

Lot Info

  • Zoning: R-1B
  • Parcel Number: 25-37-24-0394-00D0-0090
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2013-11-06
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 3000
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 1925
  • Tax Block: D
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Jan 10, 2023
Sold by
Strunk Michael G and Strunk Rosa E
Bought by
Velasquez Juan Bautista
Seller's Agent
Maribel Carrillo
TURNER REALTY, INC.
Buyer's Agent
Maribel Carrillo
TURNER REALTY, INC.
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Views
23
Current Estimated Value
$256,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,898
Avg. Annual Appreciation
-4.06%
Original Mortgage
$276,450
Outstanding Balance
$268,078
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
-$11,976

Purchase Details

Listed on
Dec 1, 2019
Closed on
Aug 13, 2020
Sold by
Koonce Richard
Bought by
Strunk Michael C and Strunk Rosa E
Seller's Agent
Brandi Long
THE WILLIAMSON GROUP REALTY, I
Buyer's Agent
Carmen Anchorena
GULF COAST PARADISE REALTY INC
List Price
$89,900
Sold Price
$70,000
Premium/Discount to List
-$19,900
-22.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.06%

Purchase Details

Listed on
Apr 16, 2012
Closed on
Jul 31, 2012
Sold by
Koehn Franklin P
Bought by
Koonce Richard
Seller's Agent
Michelle Williamson
THE WILLIAMSON GROUP REALTY, I
Buyer's Agent
Michelle Williamson
THE WILLIAMSON GROUP REALTY, I
List Price
$58,000
Sold Price
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$52,200
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 29, 2010
Sold by
Kondaur Capital Corporation
Bought by
Koehn Franklin P

Purchase Details

Closed on
Jul 1, 2010
Sold by
Schneider Joseph F
Bought by
Kondaur Capital Corporation

Purchase Details

Closed on
Oct 3, 2007
Sold by
Schneider Joseph F and Schneider Sandra
Bought by
Pmp Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 2004
Sold by
Prahm Faye
Bought by
Schneider Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Varnadore Joseph L and Varnadore Margaret C
Bought by
Prahm Faye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
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
Velasquez Juan Bautista $285,000 Arcadia Abstract & Title
Strunk Michael C $70,000 Git Florida Title Services
Koonce Richard $58,000 Arcadia Abstract & Title Com
Koehn Franklin P $15,100 Arcadia Abstract & Title Com
Kondaur Capital Corporation -- None Available
Pmp Investments Llc $94,400 Attorney
Schneider Joseph F $86,500 Desoto Abstract & Title Co
Prahm Faye $60,000 Desoto Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Juan Bautista $276,450
Previous Owner Koonce Richard $52,200
Previous Owner Pmp Investments Llc $40,000
Previous Owner Schneider Joseph F $69,200
Closed Schneider Joseph F $17,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $285,000 -4.7% $140 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $299,000 +327.1% $147 / Sq Ft
08/13/2020 08/13/20 Sold $70,000 -22.1% $34 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/22/2020 06/22/20 Price Changed $89,900 0.0% $44 / Sq Ft
06/22/2020 06/22/20 For Sale $89,900 -14.4% $44 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $105,000 0.0% $51 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $105,000 +50.0% $51 / Sq Ft
04/24/2020 04/24/20 Off Market $70,000 -- --
02/03/2020 02/03/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $105,000 0.0% $51 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
12/13/2019 12/13/19 Price Changed $105,000 -19.2% $51 / Sq Ft
12/01/2019 12/01/19 For Sale $129,900 +124.0% $64 / Sq Ft
07/31/2012 07/31/12 Sold $58,000 0.0% $23 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $58,000 -- $23 / 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
2024 $5,352 $248,409 $12,000 $236,409
2023 $2,738 $132,460 $12,000 $120,460
2022 $2,105 $108,552 $12,000 $96,552
2021 $1,925 $78,800 $12,000 $66,800
2020 $2,729 $120,625 $12,000 $108,625
2019 $2,561 $115,451 $12,000 $103,451
2018 $2,338 $101,220 $0 $101,220
2017 $1,979 $84,320 $0 $84,320
2016 $1,925 $73,593 $0 $73,593
2015 $1,840 $69,198 $0 $69,198
2014 $1,802 $68,009 $0 $68,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7466858

Stellar MLS

APN: 25-37-24-0394-00D0-0090