NOT LISTED FOR SALE

301 SW 3rd Terrace Mulberry, FL 33860

Estimated Value: $635,000 - $935,000

-- Bed
-- Bath
7,584 Sq Ft
$99/Sq Ft Est. Value

Last Sold November 26, 2020

Last sale price $625,000 $82 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,962/month

21 Days on Market

Highlights

  • View of Trees or Woods
  • No HOA
  • Central Heating and Cooling System
  • 0.79 Acre Lot
  • Front Porch
  • High Speed Internet

About This Home

As of November 2020

Take a look at this income producing property. 12 total units /six buildings. This property includes a large extra lot with potential to add another property. Property is usually 100% occupied. There is room for increased rents . Call today

Last Agent to Sell the Property

Chad Karr

KELLER WILLIAMS REALTY SMART License #3124399 Listed on: 10/09/2020

KELLER WILLIAMS REALTY SMART

Last Buyer's Agent

Mendel Friedman

DIVINE REALTY AND ASSOCIATES LLC License #3367778

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,334

Year Built

  • Built in 1950

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 138x125
  • Dirt Road
  • Additional Parcels

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 7,584 Sq Ft Home
  • Views of Woods

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 6 Buildings
  • 12 Units
  • Crigler L N Add Subdivision

Building Details

  • Gross Income $98,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,334

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 7584
  • Lot Size Acres: 0.79
  • New Construction: No
  • Year Built: 1950
  • Lot Size Sq Ft: 34595
  • Number Of Lots: 2
  • Tenant Pays: Electricity, Water
  • Directions to Property: south on hwy 37 . cross 60 and take right,
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4918395?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4918395?w=Customer
  • Unit Count: 2
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96154
  • Price per Sq Ft: 82.41
  • Close to Original List Price Ratio: 0.96154
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Street Number Modifier: 301
  • Number Of Buildings: 6

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Rear Porch
  • Road Surface Type: Dirt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected
  • 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

Lot Info

  • Zoning: R-1
  • Parcel Number: 23-30-11-156000-009051
  • Additional Parcels: Yes
  • Lot Dimensions: 138x125
  • Flood Zone Code: x

Multi Family

  • Gross Income: 98700
  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 5334.25
  • Tax Block: C
  • Tax Book Number: 1-43
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2020
Closed on
Nov 25, 2020
Sold by
Cold Beer Properties Llc
Bought by
301 Sw 3Rd Terrace Llc
Seller's Agent
Chad Karr
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Mendel Friedman
DIVINE REALTY AND ASSOCIATES LLC
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Current Estimated Value
$749,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,000
Avg. Annual Appreciation
3.75%
Original Mortgage
$406,250
Outstanding Balance
$362,329
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$386,671

Purchase Details

Closed on
Jun 3, 2005
Sold by
Blanket Properties Llc
Bought by
Cold Beer Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
5.69%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Glover John O
Bought by
Blanket Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
16%
Mortgage Type
Commercial
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
301 Sw 3Rd Terrace Llc $625,000 Florida Legal Title Llc
301 Sw 3Rd Terrace Llc $625,000 New Title Company Name
Cold Beer Properties Llc $405,000 --
Blanket Properties Llc $192,000 Companion Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 301 Sw 3Rd Terrace Llc $406,250
Closed 301 Sw 3Rd Terrace Llc $406,250
Previous Owner Cold Beer Properties Llc $294,000
Previous Owner Blanket Properties Llc $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2020 11/26/20 Sold $625,000 -3.8% $82 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $650,000 0.0% $86 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $650,000 -- $86 / 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 $12,405 $578,995 -- --
2024 $12,949 $526,359 $31,000 $495,359
2023 $12,949 $554,790 $30,000 $524,790
2022 $12,058 $506,897 $0 $0
2021 $11,299 $460,815 $25,000 $435,815
2020 $7,342 $442,388 $0 $0
2018 $5,236 $164,151 $62,269 $101,882
Source: Public Records

Agents Affiliated with this Home

  • Chad Karr

    Seller's Agent in 2020

    Chad Karr

    KELLER WILLIAMS REALTY SMART

    (863) 577-1234

    1 in this area

    143 Total Sales

    Chad Karr
    Section Image

  • M

    Buyer's Agent in 2020

    Mendel Friedman

    DIVINE REALTY AND ASSOCIATES LLC

    (718) 954-2278

    1 in this area

    28 Total Sales

    Mendel Friedman
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: L4918395

Stellar MLS

APN: 23-30-11-156000-009051

Florida Polk County Mulberry 33860

301 SW 3rd Terrace, Mulberry, FL

This home is located at 301 SW 3rd Terrace, Mulberry, FL 33860 since 09 October 2020 and is currently estimated at $749,000, approximately $98 per square foot. This property was built in 1950. 301 SW 3rd Terrace is a home located in Polk County with nearby schools including Purcell Elementary School, Bartow Elementary Academy, and Mulberry Middle School.

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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