NOT LISTED FOR SALE

228 Chestnut St Unit A & B Clermont, FL 34711

Indian Hills Neighborhood

Estimated Value: $246,000 - $283,000

2 Beds
2 Baths
936 Sq Ft
$278/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2025

Last sale price $265,000 $283 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,559 / mo

68 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Ceiling Fan
  • No HOA
  • Luxury Vinyl Tile Flooring
  • 1-minute walk to Chestnut Park

About This Home

As of January 2025

Affordable 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

Brandie Mathison-Klein

KELLER WILLIAMS ELITE PARTNERS III REALTY Brokerage Phone: 321-527-5111 License #3039546 Listed on: 10/25/2024

KELLER WILLIAMS ELITE PARTNERS III REALTY

Last Buyer's Agent

Cassandra Kelly Flores

COLDWELL BANKER REALTY License #3526980

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,647

Year Built

  • Built in 1958

Lot Details

  • 5,000

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

Community Details

Overview

  • No Home Owners Association
  • 1,032 Sq Ft Building
  • Clermont Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,647

Year Built

Built in 1958

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 936
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 1032
  • Lot Size Sq Ft: 5000
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 95.88
  • Escrow City: Clermont
  • Escrow State: FL
  • Escrow Street Name: W Hwy 50
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 283.12
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 321-527-5111
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Luxury Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 86.96

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Other
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck
  • Road Surface Type: Asphalt, Gravel
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0570E

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Mini-Split Unit(s)
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Cable,Electric,Internet,Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: Please reference any city/county restrictions.

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: C-1
  • Parcel Number: 24-22-25-0100-017-01600
  • Additional Parcels: No
  • Lot Features: City Limits, Sidewalk, Paved
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Total Actual Rent: 2100
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please reference any city/county restrictions.

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 1647
  • Tax Block: 017
  • Tax Book Number: 8-17
  • Tax Lot: 16

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

Listed on
Oct 25, 2024
Closed on
Jan 29, 2025
Sold by
Bought by
Seller's Agent
Brandie Mathison-Klein
KELLER WILLIAMS ELITE PARTNERS III REALTY
Buyer's Agent
Cassandra Kelly Flores
COLDWELL BANKER REALTY
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%
Views
87
Current Estimated Value
$260,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,817
Avg. Annual Appreciation
-1.22%
Original Mortgage
$212,000
Interest Rate
0.0685%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2020
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
$155,138
Interest Rate
0.0337%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 4, 2008
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
$195,000
Interest Rate
0.0617%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 1998
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$265,000 Concierge Title Services
$158,000 Concierge Title Services Llc
$165,000 Watson Title Services Inc
-- --
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
Open $212,000
Previous Owner $155,138
Previous Owner $195,000
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
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

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
2026 $1,693 $213,105 $90,000 $123,105
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

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5088439

Stellar MLS

APN: 24-22-25-0100-017-01600

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