NOT LISTED FOR SALE

2803 Griffin Rd Leesburg, FL 34748

Estimated Value: $437,000 - $493,000

8 Beds
4 Baths
3,000 Sq Ft
$152/Sq Ft Est. Value

Last Sold February 24, 2025

Last sale price $460,000 $153 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,918/month

73 Days on Market

Highlights

  • 0.37 Acre Lot
  • Tile Flooring
  • Heating Available
  • No HOA
  • Central Air

About This Home

As of February 2025

Welcome to this promising quadruplex with a solid rental history and excellent potential for higher rents. Each unit features 2 bedrooms and 1 bath, making it appealing for tenants. The roof was updated in 2016, and each unit is individually metered. With washer and dryer hookups available, this is a fantastic opportunity for both novice and seasoned investors alike!

Last Agent to Sell the Property

Kyler Moreland

REMAX SUNSTATE REALTY Brokerage Phone: 352-229-1187 License #3539998 Listed on: 09/27/2024

Last Buyer's Agent

Kyler Moreland

REMAX SUNSTATE REALTY Brokerage Phone: 352-229-1187 License #3539998 Listed on: 09/27/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1983

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 90 x 178

Parking

  • Common or Shared Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,000 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Schools

  • Leesburg Elementary School
  • Carver Middle School
  • Leesburg High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,162 Sq Ft Building
  • Edgewood Park Add Subdivision

Building Details

  • Operating Expense $6,210
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1983

Lot Details

0.37 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 3000
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 3162
  • Lease Term: 6-12 Month
  • Lot Size Sq Ft: 16020
  • Tenant Pays: Electricity, Trash Collection
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 293.76
  • Escrow City: Maitland
  • Escrow State: FL
  • Escrow Street Name: Winderley Place, Suite 224
  • RATIO Current Price By Calculate: 153.33
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 352-229-1187
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other, Tile
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 278.71

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Other
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0308

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Private Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Leesburg Elementary
  • High School: Leesburg High
  • Middle Or Junior School: Carver Middle

Lot Info

  • Parcel Number: 21-19-24-0400-000-01100
  • Additional Parcels: No
  • Lot Dimensions: 90 X 178
  • Flood Zone Code: X

Multi Family

  • Gross Income: 43200
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3228
  • Tax Block: 03
  • Tax Book Number: 1897
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Feb 24, 2025
Sold by
Aff Properties Llc
Bought by
Winter In Florida Llc
Seller's Agent
Kyler Moreland
REMAX SUNSTATE REALTY
Buyer's Agent
Kyler Moreland
REMAX SUNSTATE REALTY
List Price
$480,000
Sold Price
$460,000
Premium/Discount to List
-$20,000
-4.17%
Views
26
Current Estimated Value
$455,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,343
Avg. Annual Appreciation
-0.94%
Original Mortgage
$647,500
Outstanding Balance
$642,648
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
-$186,991

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jun 13, 2019
Sold by
Rafeek Francena and Rafeek Mohamed
Bought by
Aff Properties Llc
Seller's Agent
Rene Goguen
Buyer's Agent
JoAnna Browning
MAINFRAME REAL ESTATE
List Price
$289,000
Sold Price
$255,000
Premium/Discount to List
-$34,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
Original Mortgage
$178,500
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 20, 2004
Sold by
Rafeek Mohamid
Bought by
Rafeek Mohamed S and Rafeek Francena
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

Date Buyer Sale Price Title Company
Winter In Florida Llc $460,000 Security National Title & Escr
Winter In Florida Llc $460,000 Security National Title & Escr
Aff Properties Llc $255,000 Venture Title
Rafeek Mohamed S $168,000 Lake Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winter In Florida Llc $647,500
Closed Winter In Florida Llc $647,500
Previous Owner Aff Properties Llc $178,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2025 02/24/25 Sold $460,000 -4.2% $153 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $480,000 +88.2% $160 / Sq Ft
06/13/2019 06/13/19 Sold $255,000 -11.8% $85 / Sq Ft View Prior Sale
05/04/2019 05/04/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $289,000 -- $96 / Sq Ft
Source: Stellar MLS

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
2026 $6,936 $287,066 $56,124 $230,942
2025 $6,035 $287,066 $56,124 $230,942
2024 $6,035 $287,066 $56,124 $230,942
2023 $6,035 $279,585 $56,124 $223,461
2022 $5,347 $279,585 $56,124 $223,461
2021 $4,917 $247,682 $0 $0
2020 $4,837 $219,458 $0 $0
2019 $3,321 $116,033 $0 $0
2018 $3,229 $116,033 $0 $0
2017 $1,551 $104,609 $0 $0
2016 $2,954 $104,609 $0 $0
2015 $1,606 $102,657 $0 $0
2014 $1,593 $100,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6245499

Stellar MLS

APN: 21-19-24-0400-000-01100

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