NOT LISTED FOR SALE

Estimated Value: $496,000 - $562,000

2 Beds
1 Bath
3,456 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 06, 2020

Last sale price $147,000 $43 Per Sq Ft

Est. 262% increase in value since last sale

Current estimated payment $3,348/month

33 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Frank E. Brigham Academy Rated 9+
  • Central Heating and Cooling System

About This Home

As of January 2020

Great income producing property in Winter Haven, FL. Management team already in place. Just buy and collect rents. 2 Bedrooms 2 Bathrooms per unit. 4 other properties on the same street for sale by the same owner.

Last Agent to Sell the Property

Richard Lewis

Ally Realty Florida LLC License #3311835 Listed on: 11/04/2019

Last Buyer's Agent

Richard Lewis

Ally Realty Florida LLC License #3311835 Listed on: 11/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,413

Year Built

  • Built in 1983

Lot Details

  • 0.26

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,456 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 352825355060000120

Community Details

Overview

  • 4 Units
  • Winter Lake Manor Subdivision

Building Details

  • Operating Expense $14,059
  • Net Operating Income $15,041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,413

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: ST PAUL DR JAN PHYL
  • Year Built: 1983
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3456.0

Exterior Features

  • Exterior Features: None
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 352825355060000120
  • Lot Size: 80.0 ft x 140.0 ft
  • Zoning Description: MULTI

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 15041.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 14059.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2413.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2019
Closed on
Jan 6, 2020
Sold by
Reesabn Investments Llc
Bought by
Realpro Investments Llc
Seller's Agent
Richard Lewis
Ally Realty Florida LLC
Buyer's Agent
Richard Lewis
Ally Realty Florida LLC
List Price
$150,000
Sold Price
$147,000
Premium/Discount to List
-$3,000
-2%
Current Estimated Value
$531,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,667
Avg. Annual Appreciation
22.78%
Original Mortgage
$661,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2011
Sold by
Ramos Ana
Bought by
Reesan Investments Llc

Purchase Details

Closed on
May 19, 2011
Sold by
Nally William F and Nally Barbara F
Bought by
Nally Properties Llc

Purchase Details

Closed on
Feb 1, 2010
Sold by
Us Bank National Association
Bought by
Florida Life Properties Llc

Purchase Details

Closed on
Apr 10, 2006
Sold by
Liao Gower I and Liao Ellen S
Bought by
Brown Gertrude E and Brown Amos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.29%

Purchase Details

Closed on
Sep 26, 2003
Sold by
Walters Bill D and Walters Wendy C
Bought by
Liao Gower I and Liao Ellen S

Purchase Details

Closed on
Jul 27, 1994
Sold by
Bush Betty J and Ives Betty J
Bought by
Schwarz Frank H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.28%

Purchase Details

Closed on
Jul 26, 1994
Sold by
Smith Raymond F and Smith Sandra A
Bought by
Bush Betty J and Ives Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
8.28%
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
Realpro Investments Llc $735,000 United Ttl Group Of Lakeland
Reesan Investments Llc $105,000 Fidelity Natl Title Fl Inc
Nally Properties Llc -- None Available
Nally William F -- None Available
Florida Life Properties Llc $30,000 Servicelink
Brown Gertrude E $216,000 First American Title Ins Co
Liao Gower I $85,000 Lawyers Title Insurance Corp
Schwarz Frank H $82,500 --
Bush Betty J $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Realpro Investments Llc $661,500
Previous Owner Avatar Contractor Group Inc $57,000
Previous Owner Brown Gertrude E $194,400
Previous Owner Schwarz Frank H $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2020 01/06/20 Sold $147,000 -2.0% $43 / Sq Ft
12/07/2019 12/07/19 Pending -- -- --
11/04/2019 11/04/19 For Sale $150,000 -- $43 / Sq Ft
Source: BeachesMLS

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 $6,177 $173,446 -- --
2024 $4,915 $157,678 -- --
2023 $4,915 $143,344 $0 $0
2022 $3,345 $130,313 $0 $0
2021 $3,156 $118,466 $15,000 $103,466
2020 $2,458 $72,648 $10,000 $62,648
2018 $2,413 $74,769 $10,000 $64,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10576082

BeachesMLS

APN: 25-28-35-355060-000120