NOT LISTED FOR SALE

2342 Lakeview Dr Sebring, FL 33870

Estimated Value: $361,000 - $476,000

9 Beds
6 Baths
1,256 Sq Ft
$326/Sq Ft Est. Value

Sale Details

Date Sold: June 17, 2019

Last sale price $245,000 $195 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,790 / mo

6 Days on Market

Highlights

  • Engineered Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Detached Garage
  • Views
  • Ceiling Fan

About This Home

As of June 2019

Good low cost investment with good appreciation possible. 3 Buildings, 6 income streams, (including storage) and great location. Walk to Highlands Little Theatre, Civic Center, Library and downtown Sebring. Across from Lake Jackson and Majestic Cove condos. New roof, walls, ceilings and floors in 2018 for one building. Both duplexes got new siding in 2015. 3 new refrigerators and new oven in 2017 and 2019. New siding and major interior renovation for SFR in 2017. New laundry room in SFR. New fence for off street parking for residents along with laundry room for duplexes. New AC in studios. Low maintenance costs. Books and rental history to qualified buyers. Cap Rate of 8.00, 100% occupied. Property was tented and fumigated on January of 2019. Termidor for subterranean done also at that time. Warranty is renewable up to 5 years. No known deferred maintenance or defects at this time. Parking lot for tenants included. Approximately $80,000 spent on upgrades and renovations since current owners acquired property.

Last Agent to Sell the Property

Richard Giordano

INACTIVE License #3357016 Listed on: 02/15/2019

Last Buyer's Agent

Dankally Fredericks

Paradise Real Estate International LLC License #3406703

Paradise Real Estate International LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,702

Year Built

  • Built in 1920

Lot Details

  • 15,000 Sq Ft Lot
  • Fence is in good condition

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Blinds
  • Property Views

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • Detached Garage
  • Driveway
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Window Unit Heating System

Listing and Financial Details

  • Assessor Parcel Number S-29-34-29-070-0980-0050

Community Details

Overview

  • 5 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Gross Income $3,120
  • Net Operating Income $20,311

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,702

Year Built

Built in 1920

Lot Details

0.34 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.344
  • Road Surface Type: Paved
  • Directions: US 27 and Hammock Rd. to North on 27 to Lakeview by Gate convenience store and gas. Go around Lake to 2356 Lakeview Drive; directly across from Majestic Cove condos.
  • Architectural Style: One Story, Two Story
  • Unit Levels: One, Two
  • Building Stories: 1
  • Year Built: 1920
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Refrigerator, Stove
  • Full Bathrooms: 6
  • Total Bedrooms: 9
  • Flooring: Carpet, Hardwood, Laminate, Simulated Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Single Hung, Blinds

Exterior Features

  • Pool Features: None
  • View: Lake
  • View: Yes
  • Construction Type: Frame
  • Property Condition: Good Condition, Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, Driveway, Detached, One Space, Two Spaces, On Street

Utilities

  • Cooling: Central Air, Electric, 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 15000.0
  • Additional Parcels Description: 2356,2344,2348, 2352
  • Additional Parcels: No
  • Parcel #: S-29-34-29-070-0980-0050
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 5
  • Annual Gross Income: 3120.0
  • Property Net Operating Income: 20311.0
  • Vacancy Allowance Rate: 10.0

Tax Info

  • Tax Annual Amount: 3702.0
  • Tax Year: 2017

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

Closed on
Jan 14, 2026
Sold by
Bought by
Current Estimated Value
$409,980

Purchase Details

Listed on
Feb 15, 2019
Closed on
Jun 7, 2019
Sold by
Bought by
Seller's Agent
Richard Giordano
INACTIVE
Buyer's Agent
Dankally Fredericks
Paradise Real Estate International LLC
List Price
$269,900
Sold Price
$245,000
Premium/Discount to List
-$24,900
-9.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$336,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 4, 2015
Closed on
Apr 7, 2016
Sold by
Bought by
Seller's Agent
Denyelle Dibble
RE/MAX REALTY PLUS
Buyer's Agent
Lydia Taylor
INACTIVE
List Price
$194,800
Sold Price
$178,000
Premium/Discount to List
-$16,800
-8.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$133,500
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 21, 2013
Closed on
Jun 25, 2014
Sold by
Bought by
Seller's Agent
Denyelle Dibble
RE/MAX REALTY PLUS
Buyer's Agent
Beatrice Ross
INACTIVE
List Price
$159,900
Sold Price
$105,000
Premium/Discount to List
-$54,900
-34.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.30%
Original Mortgage
$78,750
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 3, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2002
Sold by
Bought by
Source: Public Records
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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
-- None Listed On Document
$245,000 Attorney
$178,000 Heartland Title Ins Agency C
$105,000 Heartland Title Insurance Ag
-- Attorney
$77,500 --
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
Previous Owner $336,000
Previous Owner $133,500
Previous Owner $78,750
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 Prior Sale
06/17/2019 06/17/19 Sold $245,000 -9.2% $195 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $269,900 +51.6% $215 / Sq Ft
04/07/2016 04/07/16 Sold $178,000 -8.6% $52 / Sq Ft View Prior Sale
02/16/2016 02/16/16 Pending -- -- --
06/04/2015 06/04/15 For Sale $194,800 +85.5% $57 / Sq Ft
06/25/2014 06/25/14 Sold $105,000 -34.3% $84 / Sq Ft View Prior Sale
05/20/2014 05/20/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $159,900 -- $127 / Sq Ft
Source: Heartland Association of REALTORS®

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
2025 $7,072 $305,361 $25,000 $280,361
2024 $6,618 $313,857 $25,000 $288,857
2023 $6,618 $194,880 $0 $0
2022 $5,897 $270,457 $25,000 $245,457
2021 $4,816 $158,645 $15,000 $143,645
2020 $4,155 $132,860 $0 $0
2019 $3,501 $104,585 $0 $0
2018 $3,169 $89,373 $0 $0
2017 $3,702 $116,971 $0 $0
2016 $2,755 $71,492 $0 $0
2015 $2,821 $76,683 $0 $0
2014 $2,444 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Heartland Association of REALTORS®

MLS Number: 262287

Heartland Association of REALTORS®

APN: S-29-34-29-070-0980-0050

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