NOT LISTED FOR SALE

301 Cornelia Ave Lakeland, FL 33815

Lake Beulah Neighborhood

Estimated Value: $180,000 - $260,000

3 Beds
1 Bath
2,389 Sq Ft
$89/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $140,000 $59 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,365/month

23 Days on Market

Highlights

  • No HOA
  • Lincoln Avenue Academy Rated A-
  • Central Heating and Cooling System

About This Home

As of June 2021

**Investment/income opportunity. Corner lot home currently producing an income of $2,100 a month, current owner is leasing room space only with tenants sharing kitchen and bathroom within the home, each tenant is on a month to month agreement (no lease), this gives the new owner the opportunity to purchase and structure their own lease agreement and terms once purchased. The property is on a double lot (2-50ft) and has a unfinished 2 Story Duplex (roof done 2017) that can be turned into another source of income located in back of home. The house is located minutes from downtown Lakeland and close to some of Lakeland’s up and coming projects. This is an opportunity you don’t want to miss!

Last Agent to Sell the Property

David Bryant

LA ROSA REALTY PRESTIGE License #3321383 Listed on: 03/06/2021

LA ROSA REALTY PRESTIGE

Last Buyer's Agent

Craig Morby

SAUNDERS REAL ESTATE, LLC License #3152384

SAUNDERS REAL ESTATE, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1920

Lot Details

  • 0.28 Acre Lot
  • Additional Parcels

Parking

  • 2 Carport Spaces

Home Design

  • 2,389 Sq Ft Home
  • Quadruplex
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Schools

  • R. Bruce Wagner Elementary School
  • Southwest Middle School
  • Kathleen High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2,389 Sq Ft Building
  • Sloan Park Sub Subdivision

Building Details

  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,759

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2389
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1920
  • Building Area Total: 2389
  • Lot Size Sq Ft: 12197
  • Number Of Lots: 2
  • Directions to Property: Drive South n Kathleen Rd. Turn right onto George Jenkins Blvd. Turn left at the 1st cross street onto Sloan Ave. Turn right onto W Main St. Turn left onto S Cornelia Ave. Turn right at the 1st cross street onto W Orange St.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4921303?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4921303?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.8
  • Price per Sq Ft: 58.6
  • Close to Original List Price Ratio: 0.8
  • Ratio: Current Price\Building Area Total: 58.6
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Street Number Modifier: 301
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0311G

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • 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

Schools

  • Elementary School: R. Bruce Wagner Elem
  • High School: Kathleen High
  • Middle Or Junior School: Southwest Middle School

Lot Info

  • Zoning: MF-22
  • Parcel Number: 23-28-13-058500-004010
  • Additional Parcels: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22

Rental Info

  • Total Actual Rent: 2100
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 25200
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1759
  • Tax Block: D
  • Tax Book Number: 4-26
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2021
Sold by
Helwig Christopher H
Bought by
Cornelia Llc
Current Estimated Value
$214,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,052
Outstanding Balance
$11,212
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$198,858

Purchase Details

Listed on
Mar 6, 2021
Closed on
Jun 7, 2021
Sold by
Way Home Investments And Renovations Llc
Bought by
Helwig Christopher
Seller's Agent
David Bryant
LA ROSA REALTY PRESTIGE
Buyer's Agent
Craig Morby
SAUNDERS REAL ESTATE, LLC
List Price
$175,000
Sold Price
$140,000
Premium/Discount to List
-$35,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%

Purchase Details

Listed on
Mar 16, 2018
Closed on
Mar 29, 2018
Sold by
Howley William P
Bought by
Preparing The Way Home Investments And
Seller's Agent
Ainsley Daux PA
FLORIDA REALTY
Buyer's Agent
Ainsley Daux PA
FLORIDA REALTY
List Price
$78,000
Sold Price
$100,000
Premium/Discount to List
$22,000
28.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$50,000
Interest Rate
4.4%
Mortgage Type
Balloon

Purchase Details

Closed on
May 31, 2017
Sold by
Sedmera Cheerie and Ellis Marvin Neal
Bought by
Howley William

Purchase Details

Closed on
Jul 11, 1994
Sold by
King Ida M and King Carl
Bought by
Sedmera John and Sedmera Cheerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,200
Interest Rate
8.52%
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
Cornelia Llc -- Accommodation
Helwig Christopher $140,000 United Ttl Group Of Lakeland
Preparing The Way Home Investments And $100,000 Florida Suncost Title Serv
Howley William $70,000 Advantage Title Services Inc
Sedmera John $36,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelia Llc $12,052
Previous Owner Preparing The Way Home Investments And $50,000
Previous Owner Sedmera Cheerie H $20,000
Previous Owner Sedmera Cherrie H $8,944
Previous Owner Sedmera John $32,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $140,000 -20.0% $59 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $175,000 +75.0% $73 / Sq Ft
03/30/2018 03/30/18 Sold $100,000 +28.2% $42 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $78,000 -- $33 / 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 $2,308 $126,622 $18,000 $108,622
2022 $2,118 $115,275 $15,000 $100,275
2021 $1,814 $95,908 $15,000 $80,908
2020 $1,759 $92,264 $15,000 $77,264
2018 $1,466 $74,547 $12,375 $62,172
2017 $1,092 $48,875 $0 $0
2016 $987 $44,432 $0 $0
2015 $917 $40,393 $0 $0
2014 $738 $36,721 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Bryant

    Seller's Agent in 2021

    David Bryant

    LA ROSA REALTY PRESTIGE

    (863) 577-1234

    1 in this area

    24 Total Sales

    Section Image
  • Craig Morby

    Buyer's Agent in 2021

    Craig Morby

    SAUNDERS REAL ESTATE, LLC

    (863) 687-2233

    1 in this area

    52 Total Sales

    Section Image
  • Ainsley Daux PA

    Seller's Agent in 2018

    Ainsley Daux PA

    FLORIDA REALTY

    (813) 546-1954

    73 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: L4921303

Stellar MLS

APN: 23-28-13-058500-004010

Florida Polk County Lakeland 33815 Lake Beulah

301 Cornelia Ave, Lakeland, FL

This home is located at 301 Cornelia Ave, Lakeland, FL 33815 since 06 March 2021 and is currently estimated at $213,421, approximately $89 per square foot. This property was built in 1920. 301 Cornelia Ave is a home located in Polk County with nearby schools including Rochelle School Of The Arts, Kathleen Senior High School, and Winston Academy of Engineering.

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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