NOT LISTED FOR SALE

2435 Doctor Martin Luther King Junior St S St. Petersburg, FL 33705

Lake Maggiore Shores Neighborhood

Estimated Value: $253,284 - $293,000

-- Bed
1 Bath
1,148 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 22, 2021

Last sale price $188,800 $164 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,780/month

14 Days on Market

About This Home

As of May 2021

Cash Cow! This asset is currently generating $1800/month for the next 2 years. Priced to Sell Quickly.
Current Tenant is operating a group home with a 2-year lease.
Looking for a TURNKEY investment with a Fabulous return? You got it!
Ever wanted to own the real estate to a business?! Now is your chance!

Perfect location near st. pete beach.
Hurry, and make an offer before its too late.

Last Agent to Sell the Property

Alexis Monroe

License #3422391 Listed on: 04/28/2021

Last Buyer's Agent

Gina Carranza

LPT REALTY, LLC License #3258186

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1956

Lot Details

  • 4,996 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 1 Car Attached Garage

Home Design

  • 1,148 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Pallanza Park Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 0000050
  • Assessor Parcel Number 36-31-16-65376-000-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Vinyl Siding, Wood Frame
  • Living Area: 1148.00
  • Lot Size Acres: 0.11
  • Year Built: 1956
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3303830?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3303830?w=Customer
  • Lot Size Sq Ft: 4996
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3303830?w=PubMLS
  • Directions to Property: take exit toward mlk jr st s right destination is on right
  • Escrow State: FL
  • List Office Head Office Key Nume: 551384722
  • Status: Sold
  • Street Post Direction: S
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Living Area Meters: 106.65
  • Street Number Modifier: 2435

Exterior Features

  • Roof: Shingle
  • Flood Zone Code: B
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Parcel Number: 36-31-16-65376-000-0050
  • Lot Dimensions: 50x100
  • Lot Size Square Meters: 464

Multi Family

  • Total Num Buildings: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1406.17
  • Tax Block: 0000050
  • Tax Book Number: 19-42
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2023
Sold by
Echavarria Pablo and Builes Claudia Yaneth
Bought by
Akira Llc
Current Estimated Value
$268,571

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 17, 2021
Sold by
3605 Tampa Llc
Bought by
Echavarria Pablo and Builes Claudia Yaneth
Seller's Agent
Alexis Monroe
Buyer's Agent
Gina Carranza
LPT REALTY, LLC
List Price
$199,000
Sold Price
$188,800
Premium/Discount to List
-$10,200
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%

Purchase Details

Listed on
Apr 28, 2021
Closed on
Apr 9, 2021
Sold by
Collins Patricia
Bought by
3605 Tampa Llc
Seller's Agent
Alexis Monroe
Buyer's Agent
Gina Carranza
LPT REALTY, LLC
List Price
$199,000
Sold Price
$188,800
Premium/Discount to List
-$10,200
-5.13%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Citicorp Mortgage Inc
Bought by
Collins Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
7.27%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 21, 1997
Sold by
Clerk Of The Court
Bought by
Citicorp Mortgage Inc

Purchase Details

Closed on
Mar 16, 1995
Sold by
Consumer Fin Co Inc
Bought by
Gilliland Fred

Purchase Details

Closed on
Jan 18, 1995
Sold by
Clerk Circuit Court
Bought by
Ford Consumer Fin Co Inc
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
Akira Llc $100 None Listed On Document
Echavarria Pablo $188,800 Scarab T&E Services Llc
3605 Tampa Llc $20,000 Scarab T&E Svcs Llc
Collins Patricia S $25,000 --
Citicorp Mortgage Inc -- --
Gilliland Fred $18,500 --
Ford Consumer Fin Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Patricia S $139,471
Previous Owner Collins Patricia S $61,000
Previous Owner Citicorp Mortgage Inc $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2021 05/22/21 Sold $188,800 -5.1% $164 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $199,000 -- $173 / 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
2024 $3,799 $220,318 $75,856 $144,462
2023 $3,799 $198,619 $65,715 $132,904
2022 $3,426 $171,044 $73,994 $97,050
2021 $1,447 $103,076 $0 $0
2020 $1,406 $104,267 $0 $0
2019 $1,281 $92,895 $13,084 $79,811
2018 $1,224 $91,349 $0 $0
2017 $729 $38,825 $0 $0
2016 $661 $33,539 $0 $0
2015 $574 $25,267 $0 $0
2014 $583 $30,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3303830

Stellar MLS

APN: 36-31-16-65376-000-0050