NOT LISTED FOR SALE

306 Avenue X NE Winter Haven, FL 33881

Estimated Value: $252,000 - $423,000

8 Beds
4 Baths
2,550 Sq Ft
$144/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $350,000 $137 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,553/month

Highlights

  • End Unit
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • No HOA
  • Ceiling Fan

About This Home

As of March 2023

TWO Duplexes on one parcel (total of 4 units), amazing opportunity to own the equivalent of a quadruplex / quadplex. Fully rented with LONG term tenants, some have been there for over 6 years. Tenant pays all electric and water, all individually metered. Landlord only pays for lawn care ($50/m currently). Brand NEW kitchens in most units with GRANITE counter tops. New Vinyl flooring in most units. No carpet in any units, 6 new windows, Property has 4 addresses, Two on Ave X NE and Two on 2nd St NE since the property is on a corner.

Last Agent to Sell the Property

Joyce Langston

REAL BROKER, LLC License #3349761 Listed on: 02/08/2023

REAL BROKER, LLC

Last Buyer's Agent

Matt Greezicki

HANCO & ASSOCIATES License #3473290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,533

Year Built

  • Built in 1962

Lot Details

  • 9,801 Sq Ft Lot
  • Lot Dimensions are 110x90
  • End Unit

Parking

  • Assigned Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,550 Sq Ft Home
  • Ceiling Fan
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Cable TV Available

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 43 / 01-2
  • Assessor Parcel Number 26-28-16-537500-000430

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 2,550 Sq Ft Building
  • Bookers Sub Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,533

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2550
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 2550
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 9801
  • Number Of Lots: 1
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Street Post Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6088912?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6088912?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 137.25
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 137.25
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0365G

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-3
  • Parcel Number: 26-28-16-537500-000430
  • Additional Parcels: No
  • Lot Dimensions: 110x90
  • Flood Zone Code: x
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3100
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 37200
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5533
  • Tax Block: 01-2
  • Tax Book Number: 10-3
  • Tax Lot: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 15, 2023
Sold by
Shanks Family Trust
Bought by
Hanco Holdings I Trust
Seller's Agent
Joyce Langston
REAL BROKER, LLC
Buyer's Agent
Matt Greezicki
HANCO & ASSOCIATES
List Price
$350,000
Sold Price
$350,000
Views
58
Current Estimated Value
$367,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,621
Avg. Annual Appreciation
1.89%

Purchase Details

Closed on
Feb 12, 2021
Sold by
Shanks Kelli J and Shanks David D
Bought by
Shanks David D and Shanks Keffi I

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 24, 2020
Sold by
Youclall International Investments Llc
Bought by
Shanks Kelli J and Shanks David D
Seller's Agent
Matt Merdian
MERDIAN REALTY LLC
Buyer's Agent
Stacey Foskey
UNITED COUNTRY SMITH & ASSOCIA
List Price
$285,500
Sold Price
$275,000
Premium/Discount to List
-$10,500
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$206,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2013
Sold by
Earle Investments Llc
Bought by
Cold Beer Properties Llc

Purchase Details

Closed on
Jan 15, 2007
Sold by
Cold Beer Properties Llc
Bought by
Earle Investments Llc

Purchase Details

Closed on
Jun 27, 2006
Sold by
Mckenzie Donzelle N
Bought by
Cold Beer Properties Llc

Purchase Details

Closed on
Dec 20, 2002
Sold by
Mckenzie Donzelle N
Bought by
Polk County

Purchase Details

Closed on
Dec 15, 2000
Sold by
Mckenzie Iloe Mc
Bought by
Mckenzie Donzelle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,100
Interest Rate
7.79%
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
Hanco Holdings I Trust $2,359 Equitable Title
Shanks David D -- None Available
Shanks Kelli J $275,000 Titlemark Llc
Shanks Kelli J $275,000 Titlemark
Cold Beer Properties Llc -- None Available
Earle Investments Llc -- None Available
Cold Beer Properties Llc $130,000 None Available
Polk County -- --
Mckenzie Donzelle N $23,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shanks Kelli J $206,250
Previous Owner Mckenzie Donzelle N $23,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $350,000 0.0% $137 / Sq Ft
02/09/2023 02/09/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $350,000 +27.3% $137 / Sq Ft
08/24/2020 08/24/20 Sold $275,000 -3.7% $108 / Sq Ft View Prior Sale
07/12/2020 07/12/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $285,500 +55.2% $112 / Sq Ft
10/17/2019 10/17/19 Sold $183,900 +8.2% $72 / Sq Ft View Prior Sale
09/17/2019 09/17/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $169,900 -- $67 / 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 $7,530 $444,154 -- --
2024 $5,898 $403,776 $12,500 $289,004
2023 $5,898 $318,152 $12,000 $306,152
2022 $5,533 $294,071 $0 $0
2021 $5,335 $267,337 $10,000 $257,337
2020 $3,635 $151,897 $12,750 $139,147
2018 $2,082 $51,115 $12,750 $38,365
2017 $2,070 $51,148 $0 $0
2016 $1,973 $49,466 $0 $0
2015 $734 $46,998 $0 $0
2014 $700 $44,688 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6088912

Stellar MLS

APN: 26-28-16-537500-000430