NOT LISTED FOR SALE

Estimated Value: $598,000

6 Beds
5 Baths
4,960 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: April 26, 2019

Last sale price $645,000 $130 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,848 / mo

68 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • Fishing
  • No HOA
  • Englewood Elementary School Rated A-
  • 0.89 Acre Lot
  • Enclosed Patio or Porch

About This Home

As of April 2019

UNIQUE INVESTMENT OPPORTUNITY
Nine unit incoming producing property in Englewood. A true "old Florida" parcel located only a block from Lemon Bay and Royal Palm Marina. Eight 1 bedroom, 1 bath bungalow apartments + single family house. All units 100% rented with long term leases. All units have been fully updated with newer kitchens and baths, tile flooring, new windows, newer roofs. House has all new hurricane windows, newer central AC. Tenants love this property! Very easy to manage. Call for rent roll and financials. See Companion property #R4901166
Other income properties available: R4901163 and R4901162 DO NOT ENTER PROPERTY OR DISTURB TENANTS!

Last Agent to Sell the Property

Peggy Woods

PEGGY WOODS RE BROKER License #3162074 Listed on: 12/08/2018

Last Buyer's Agent

Susan Hill

RE/MAX PALM REALTY License #3235171

RE/MAX PALM REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,104

Year Built

  • Built in 1972

Lot Details

  • 39,032 Sq Ft Lot
  • Lot Dimensions are 280x139.4
  • Additional Parcels

Parking

  • Attached Garage

Home Design

  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 4,960 Sq Ft Home
  • Tile Flooring

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Access To Intracoastal Waterway
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Schools

  • Englewood Elementary School
  • Lemon Bay High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 9 Units
  • 6,036 Sq Ft Building
  • Englewood Plat Of Community
  • 0054 Englewood Plat Of Subdivision

Recreation

  • Fishing

Building Details

  • Gross Income $81,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,104

Year Built

Built in 1972

Lot Details

0.9 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4960
  • Lot Size Acres: 0.89
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 6036
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 39032
  • Number Of Lots: 2
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4901165&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=R4901165&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92806
  • Price per Sq Ft: 130.04
  • Close to Original List Price Ratio: 0.92806
  • Ratio: Current Price\Building Area Total: 106.86
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Number Of Buildings: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Lemon Bay
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Front Porch
  • Water Access: Intracoastal Waterway
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water - Multiple Meters
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Water Access
  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Schools

  • Elementary School: Englewood Elementary
  • High School: Lemon Bay High

Lot Info

  • Parcel Number: 0497050008
  • Additional Parcels: Yes
  • Lot Dimensions: 280x139.4
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 81240
  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 8104

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
Jun 1, 2023
Sold by
Bought by
Current Estimated Value
$598,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Outstanding Balance
$848,790
Interest Rate
6.39%
Mortgage Type
Balloon
Estimated Equity
-$250,790

Purchase Details

Closed on
Apr 28, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
$995,000 Americas Title Corp
$450,000 Fidelity Natl Title Fl Inc
$265,000 --
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 $875,000
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
04/26/2019 04/26/19 Sold $645,000 -7.2% $130 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $695,000 -- $140 / 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
2025 $7,646 $419,800 $71,400 $348,400
2024 $7,599 $439,800 $98,700 $341,100
2023 $7,599 $500,600 $99,300 $401,300
2022 $6,798 $404,200 $81,500 $322,700
2021 $6,263 $324,800 $71,400 $253,400
2020 $5,713 $273,400 $46,200 $227,200
2019 $5,351 $275,500 $46,200 $229,300
2018 $4,683 $222,400 $46,600 $175,800
2017 $4,793 $230,100 $42,000 $188,100
2016 $4,565 $210,600 $37,100 $173,500
2015 $4,165 $184,100 $45,900 $138,200
2014 -- $138,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: R4901165

Stellar MLS

APN: 0497-05-0008

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