228 Chestnut St Unit A & B Clermont, FL 34711
Indian Hills Neighborhood
2
Beds
2
Baths
936
Sq Ft
5,000
Sq Ft Lot
Highlights
- Deck
- Laundry Room
- Ceiling Fan
- No HOA
- Luxury Vinyl Tile Flooring
- 1-minute walk to Chestnut Park
About This Home
As of January 2025Affordable Investment Opportunity! This duplex is a great choice for investors or owner-occupiers. Live in one unit while keeping the reliable, long-term tenant in the other, or rent out both for steady income. Unit A has a long-standing tenant of 7 years, paying $1,000 per month. The property is simple and low-maintenance, with each unit offering 2 rooms, a full bathroom, and a kitchen. Unit B features a small laundry room and an outdoor deck. Flooring is updated—one unit has laminate, and the other has LVP. Roof is only 7 years old, and AC units are only 5 years old. No HOA, and centrally located in the heart of Clermont. Shared parking.
Last Agent to Sell the Property
KELLER WILLIAMS ELITE PARTNERS III REALTY Brokerage Phone: 321-527-5111 License #3039546
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,647
Year Built
- Built in 1958
Parking
- Open Parking
Home Design
- Duplex
- Slab Foundation
- Block Exterior
Interior Spaces
- 936 Sq Ft Home
- Ceiling Fan
- Blinds
- Range
- Laundry Room
Flooring
- Laminate
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- Mini Split Air Conditioners
- Heating Available
Additional Features
- Deck
- 5,000 Sq Ft Lot
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity, sewer, trash collection, water
- Legal Lot and Block 16 / 017
- Assessor Parcel Number 24-22-25-0100-017-01600
Community Details
Overview
- No Home Owners Association
- 1,032 Sq Ft Building
- Clermont Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2024
Closed on
Jan 29, 2025
Sold by
Mathison Elijah D
Bought by
Matthews & Jobson Investment Group Llc
Seller's Agent
Brandie Mathison-Klein
KELLER WILLIAMS ELITE PARTNERS III REALTY
Buyer's Agent
Kelly Flores
COLDWELL BANKER RESIDENTIAL RE
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%
Total Days on Market
68
Views
87
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,018
Avg. Annual Appreciation
-1.42%
Original Mortgage
$212,000
Outstanding Balance
$211,641
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$52,341
Purchase Details
Closed on
Feb 28, 2020
Sold by
Hancock John
Bought by
Mathison Elijah D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,138
Interest Rate
3.6%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 4, 2008
Sold by
Jones Amy Lee
Bought by
Hancock John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 23, 1998
Sold by
Dean Arthur and Dean Ida Mae
Bought by
Jones Amy Lee
Map
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Similar Homes in Clermont, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Concierge Title Services | |
| Warranty Deed | $158,000 | Concierge Title Services Llc | |
| Warranty Deed | $165,000 | Watson Title Services Inc | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $212,000 | New Conventional | |
| Previous Owner | $155,138 | FHA | |
| Previous Owner | $195,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $265,000 | -3.6% | $283 / Sq Ft |
| 01/01/2025 01/01/25 | Pending | -- | -- | -- |
| 12/31/2024 12/31/24 | Price Changed | $275,000 | -3.5% | $294 / Sq Ft |
| 12/02/2024 12/02/24 | Price Changed | $285,000 | -1.7% | $304 / Sq Ft |
| 11/11/2024 11/11/24 | Price Changed | $290,000 | -3.3% | $310 / Sq Ft |
| 10/25/2024 10/25/24 | For Sale | $300,000 | -- | $321 / Sq Ft |
Source: Stellar MLS
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 | $1,648 | $144,410 | -- | -- |
| 2024 | $1,648 | $144,410 | -- | -- |
| 2023 | $1,648 | $136,130 | $0 | $0 |
| 2022 | $1,586 | $132,170 | $0 | $0 |
| 2021 | $1,492 | $128,329 | $0 | $0 |
| 2020 | $1,257 | $93,042 | $0 | $0 |
| 2019 | $1,224 | $88,768 | $0 | $0 |
| 2018 | $982 | $64,806 | $0 | $0 |
| 2017 | $815 | $45,871 | $0 | $0 |
| 2016 | $830 | $45,871 | $0 | $0 |
| 2015 | $842 | $45,136 | $0 | $0 |
| 2014 | $781 | $42,638 | $0 | $0 |
Source: Public Records
Source: Stellar MLS
MLS Number: G5088439
APN: 24-22-25-0100-017-01600
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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