NOT LISTED FOR SALE

2342 Chestnut Hills Dr Lakeland, FL 33805

Estimated Value: $156,680 - $292,000

2 Beds
1 Bath
1,604 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $95,000 $59 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,568/month

23 Days on Market

Highlights

  • No HOA
  • Lincoln Avenue Academy Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2018

Close to everything!5 minutes from I-4!! Very clean and nicely kept duplex. Generating 650 per unit 1300 total monthly, this is one of 2 duplex buildings up for sell side by side. **GREAT INCOME PROPERTY OPPORTUNITY**

Last Agent to Sell the Property

Brandy Thomas

License #3420105 Listed on: 09/26/2018

Last Buyer's Agent

Brandy Thomas

License #3420105 Listed on: 09/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1981

Lot Details

  • 7,004 Sq Ft Lot
  • Lot Dimensions are 108x65

Home Design

  • 1,604 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Stucco

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,604 Sq Ft Building
  • Chestnut Hills Subdivision

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,560

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1604
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1604
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 7004
  • Directions to Property: I-4 Florida Head northeast on I-4 E 1.2 mi Take exit 28 toward US-92/Lakeland 0.4 mi Merge onto FL-546/W Memorial Blvd 1.1 mi Turn left onto Chestnut Rd 0.4 mi Turn right onto Chestnut Hills Dr
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4903478&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4903478&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.63333
  • Price per Sq Ft: 59.23
  • Close to Original List Price Ratio: 0.6129
  • Ratio: Current Price\Building Area Total: 59.23
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2342
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0311G

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Parcel Number: 23-28-10-025600-000260
  • Additional Parcels: No
  • Lot Dimensions: 108x65
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 650

Multi Family

  • Gross Income: 15600
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1560
  • Tax Book Number: 70-18
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2018
Closed on
Nov 15, 2018
Sold by
Coleman Shirley P
Bought by
Build More Lakeland Llc
Seller's Agent
Brandy Thomas
Buyer's Agent
Brandy Thomas
List Price
$155,000
Sold Price
$95,000
Premium/Discount to List
-$60,000
-38.71%
Current Estimated Value
$246,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,170
Avg. Annual Appreciation
14.58%

Purchase Details

Closed on
May 19, 2006
Sold by
Savage Hubbard R and Savage Sara L
Bought by
Coleman Shirley P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
9.87%

Purchase Details

Closed on
Jan 27, 2000
Sold by
Savage Hubbard R and Savage Sara L
Bought by
Coleman Renville and Coleman Shirley P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Build More Lakeland Llc $94,000 Smart Title Llc
Coleman Shirley P $45,000 True Title Inc
Coleman Renville $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Shirley P $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $95,000 -36.7% $59 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $150,000 -3.2% $94 / Sq Ft
09/24/2018 09/24/18 For Sale $155,000 -- $97 / 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
2023 $2,721 $82,014 $0 $0
2022 $2,026 $74,558 $0 $0
2021 $1,981 $67,780 $0 $0
2020 $1,603 $61,618 $10,000 $51,618
2018 $1,591 $63,047 $10,000 $53,047
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Stellar MLS

MLS Number: L4903478

Stellar MLS

APN: 23-28-10-025600-000260