NOT LISTED FOR SALE

3005 Reiter Dr Auburndale, FL 33823

Hamptons Neighborhood

Estimated Value: $285,000 - $323,000

2 Beds
1 Bath
1,652 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $250,000 $151 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,839/month

2 Days on Market

Highlights

  • Property is near public transit
  • Front Porch
  • Inside Utility
  • No HOA
  • Laundry Room
  • Tile Flooring

About This Home

As of May 2022

ATTENTION INVESTORS! Great cash flowing duplex for your portfolio. Very responsible tenants on long term leases. Getting $1000 per month on one side, $950 per month on other side. $23,400 annual revenue. Water AND electric on separate meters. Tenants pay ALL utilities, including trash. Great cap rate and still below market rents of $1050. Both units in very good condition. Structure is well built and in very good shape. Each unit is a 2 bed 1 bath, with a separate laundry room for washer/dryer. Large fenced back yard with fenced separation between units, durable wood look tile throughout both units, both roof and A/C units replaced in November 2015, 1 water heater new Nov. 2021. Near Lake Lena and Lake Ariana. Near public transportation, food and shopping. Turn key. 4 point inspection just completed and available. Please do NOT disturb tenants.

Last Agent to Sell the Property

Jim Kostas

LPT REALTY, LLC License #3483250 Listed on: 05/03/2022

LPT REALTY, LLC

Last Buyer's Agent

Jere Gillan

RESORT SERVICES USA, INC. License #240010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 1981

Lot Details

  • 8,503 Sq Ft Lot
  • Lot Dimensions are 84x100
  • Fenced

Parking

  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,652 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Window Treatments
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Outdoor Features

  • Rain Gutters
  • Front Porch

Location

  • Property is near public transit

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 1,976 Sq Ft Building
  • Tropical Acres Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number 25-28-09-321330-001010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,103

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1652
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1976
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 8503
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: 92 in Auburndale to north on Berkley to West on Reiter. First duplex on right side
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8161119?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8161119?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96191
  • Price per Sq Ft: 151.33
  • Close to Original List Price Ratio: 0.96191
  • Ratio: Current Price\Building Area Total: 126.52
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 3005
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Awning(s), Fenced, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No

Lot Info

  • Parcel Number: 25-28-09-321330-001010
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Lot Dimensions: 84x100
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1102.57
  • Tax Block: 1
  • Tax Book Number: 63-29
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
May 27, 2022
Sold by
Dkos Group Llc
Bought by
Lahens Marie C
Seller's Agent
Jim Kostas
LPT REALTY, LLC
Buyer's Agent
Jere Gillan
RESORT SERVICES USA, INC.
List Price
$259,900
Sold Price
$250,000
Premium/Discount to List
-$9,900
-3.81%
Current Estimated Value
$301,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,667
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Oct 15, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Morgan Tracey G

Purchase Details

Closed on
Aug 3, 2015
Sold by
Selene Finance Lp
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 20, 2015
Sold by
Loancare
Bought by
Selena Finance Lp

Purchase Details

Closed on
Oct 10, 2014
Sold by
Francis Carol Frances
Bought by
Loancare

Purchase Details

Closed on
Oct 17, 2008
Sold by
Francis Carol Frances
Bought by
Francis Carol Frances and Powell Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,843
Interest Rate
6.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Lahens Marie C $250,000 None Listed On Document
Morgan Tracey G $50,600 Integrity First Title Llc
Secretary Of Housing & Urban Development -- Attorney
Selena Finance Lp -- Attorney
Loancare $24,500 None Available
Francis Carol Frances -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis Carol Frances $107,843
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $250,000 -3.8% $151 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/03/2022 05/03/22 For Sale $259,900 +22.3% $157 / Sq Ft
04/15/2022 04/15/22 Sold $212,500 +6.5% $129 / Sq Ft View Prior Sale
03/15/2022 03/15/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $199,500 -- $121 / 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
2025 $3,075 $206,554 -- --
2024 $3,302 $187,776 $30,000 $70,930
2023 $3,302 $199,512 $29,000 $580
2022 $1,170 $56,040 $0 $0
2021 $1,103 $50,945 $0 $0
2020 $853 $54,672 $10,000 $44,672
2018 $750 $41,761 $10,000 $31,761
2017 $730 $40,846 $0 $0
2016 $696 $38,288 $0 $0
2015 $669 $36,063 $0 $0
2014 $626 $34,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Kostas

    Seller's Agent in 2022

    Jim Kostas

    LPT REALTY, LLC

    (727) 270-2746

    2 in this area

    62 Total Sales

    Jim Kostas
    Section Image

  • S

    Seller's Agent in 2022

    Sally Cinquanti

    KELLER WILLIAMS REALTY SMART 1

    (863) 325-5800

    1 in this area

    3 Total Sales

    Sally Cinquanti
    Section Image

  • J

    Buyer's Agent in 2022

    Jere Gillan

    RESORT SERVICES USA, INC.

    (407) 579-9815

    1 in this area

    20 Total Sales

    Jere Gillan
    Section Image
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Map

Source: Stellar MLS

MLS Number: U8161119

Stellar MLS

APN: 25-28-09-321330-001010

Florida Polk County Auburndale 33823 Hamptons

3005 Reiter Dr, Auburndale, FL

This home is located at 3005 Reiter Dr, Auburndale, FL 33823 since 03 May 2022 and is currently estimated at $301,667, approximately $182 per square foot. This property was built in 1981. 3005 Reiter Dr is a home located in Polk County with nearby schools including Lena Vista Elementary School, Jewett School of the Arts, and Frank E. Brigham Academy.

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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