NOT LISTED FOR SALE

2350 Chestnut Hills Dr Lakeland, FL 33805

Estimated Value: $158,268 - $278,000

2 Beds
1 Bath
1,640 Sq Ft
$147/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $95,000 $58 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,448/month

21 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Lincoln Avenue Academy Rated A-

About This Home

As of November 2018

Just 5 minutes from I-4! **GREAT INCOME OPPORTUNITY* Centrally located, and in good shape, this building is part of 2 buildings being sold. Long term tenants, already rented, and ready to make you money!! 650 per unit 1300 a month!

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

  • $975

Year Built

  • Built in 1981

Lot Details

  • 8,076 Sq Ft Lot
  • Lot Dimensions are 108x75

Home Design

  • 1,640 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Stucco

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,806 Sq Ft Building
  • Chestnut Hills Subdivision

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$975

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: 1640
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1806
  • Lot Size Sq Ft: 8076
  • 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=L4903515&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4903515&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: 57.93
  • Close to Original List Price Ratio: 0.59375
  • Ratio: Current Price\Building Area Total: 52.6
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 2350
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • 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: 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: 23-28-10-025600-000270
  • Additional Parcels: No
  • Lot Dimensions: 108x75
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 1300

Multi Family

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

Tax Info

  • Tax Annual Amount: 975
  • Tax Book Number: 70-18
  • Tax Lot: 25

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
$160,000
Sold Price
$95,000
Premium/Discount to List
-$65,000
-40.62%
Current Estimated Value
$225,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,587
Avg. Annual Appreciation
14.51%

Purchase Details

Closed on
Dec 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
$72,600
Interest Rate
8.95%
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
Build More Lakeland Llc $95,000 Smart Title Llc
Coleman Shirley P -- Island Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Shirley P $72,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2018 11/21/18 Sold $95,000 -36.7% $58 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/15/2018 10/15/18 Price Changed $150,000 -6.3% $91 / Sq Ft
09/26/2018 09/26/18 For Sale $160,000 -- $98 / 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 $2,551 $84,157 $0 $0
2022 $2,061 $76,506 $0 $0
2021 $2,014 $69,551 $0 $0
2020 $1,626 $63,228 $10,000 $53,228
2018 $1,616 $64,703 $10,000 $54,703
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brandy Thomas

See All Agents

Map

Source: Stellar MLS

MLS Number: L4903515

Stellar MLS

APN: 23-28-10-025600-000270

Florida Polk County Lakeland 33805

2350 Chestnut Hills Dr, Lakeland, FL

This home is located at 2350 Chestnut Hills Dr, Lakeland, FL 33805 since 26 September 2018 and is currently estimated at $241,067, approximately $146 per square foot. This property was built in 1981. 2350 Chestnut Hills Dr is a home located in Polk County with nearby schools including Kathleen Senior High School, Winston Academy of Engineering, and Rochelle School Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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