NOT LISTED FOR SALE

Estimated Value: $421,000 - $553,000

2 Beds
1 Bath
3,456 Sq Ft
$138/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2024

Last sale price $449,000 $130 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,962 / mo

31 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • High Speed Internet
  • Family Room Off Kitchen
  • Combination Dining and Living Room

About This Home

As of December 2024

This investment quadplex offers a prime opportunity to expand your portfolio with strong rental potential. The property features four units, two of which are currently occupied at $1,050 per month, with one lease extending until May 2025 and the other on a month-to-month basis. The remaining two vacant units are ready to be rented at an estimated $1,250 each, maximizing income potential. Each unit comes equipped with in-unit laundry, and the property benefits from separate water and electric meters. A parking pad provides convenient resident parking. This multi-family unit is an excellent opportunity for investors looking to capitalize on its strong rental demand.

Last Agent to Sell the Property

Kristin Kellin

KELLER WILLIAMS REALTY SMART Brokerage Phone: 863-577-1234 License #3317559 Listed on: 10/25/2024

KELLER WILLIAMS REALTY SMART

Last Buyer's Agent

Rosangela Reyes

LA ROSA REALTY KISSIMMEE License #3390301

LA ROSA REALTY KISSIMMEE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 1984

Lot Details

  • 11,199 Sq Ft Lot
  • Lot Dimensions are 80x140

Parking

  • Parking Pad

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,456 Sq Ft Home
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range

Schools

  • Clarence Boswell Elementary School
  • Westwood Middle School
  • Lake Region High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3,856 Sq Ft Building
  • Winter Lake Manor Add Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,814

Year Built

Built in 1984

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 3456
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 3856
  • Lot Size Sq Ft: 11199
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 358.23
  • Escrow City: Lakeland
  • Escrow State: FL
  • Escrow Street Name: E Pine St Ste 11
  • RATIO Current Price By Calculate: 129.92
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 863-577-1234
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Eat-in Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 321.07

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Other Disclosures
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Parking Pad

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric,Water

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Clarence Boswell Elem
  • High School: Lake Region High
  • Middle Or Junior School: Westwood Middle

Lot Info

  • Parcel Number: 25-28-35-355066-000120
  • Additional Parcels: No
  • Lot Dimensions: 80x140
  • Flood Zone Code: x

Rental Info

  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 4814.22
  • Tax Book Number: 76-38
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2024
Closed on
Dec 19, 2024
Sold by
Guthrie Patricia
Bought by
Lobo Mariela Carolina
Seller's Agent
Kristin Kellin
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Rosangela Reyes
LA ROSA REALTY KISSIMMEE
List Price
$449,000
Sold Price
$449,000
Views
12
Current Estimated Value
$476,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,233
Avg. Annual Appreciation
4.53%
Original Mortgage
$314,300
Outstanding Balance
$311,823
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$164,410

Purchase Details

Closed on
Nov 2, 2015
Sold by
Snobrey Llc
Bought by
Gathrie Patricia

Purchase Details

Closed on
Mar 20, 2014
Sold by
Kauser Salman
Bought by
Snobrey Llc

Purchase Details

Closed on
Dec 5, 2012
Sold by
Beyers Jeffery
Bought by
Wc Equity Group Llc

Purchase Details

Closed on
Dec 3, 2012
Sold by
Wc Equity Group Llc
Bought by
Salman Kauser

Purchase Details

Closed on
Nov 16, 2012
Sold by
County Of Polk
Bought by
Beyers Jeffery

Purchase Details

Closed on
Mar 7, 2006
Sold by
Raju Philip and Raju Leelamma
Bought by
Gurmohamed Bibi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.19%

Purchase Details

Closed on
Dec 3, 2004
Sold by
Smart Properties Llc
Bought by
Raju Philip and Raju Leelamma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
5.57%

Purchase Details

Closed on
Apr 18, 2003
Sold by
Schwarz Rebecca L and Schwarz Frank H
Bought by
Smart Prop L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lobo Mariela Carolina $449,000 Easy Title Company
Gathrie Patricia $117,000 Classic Title & Solutions In
Snobrey Llc $90,000 Peer Title Inc
Wc Equity Group Llc $49,900 Advantage Title Services Inc
Salman Kauser $60,000 Peer Title Inc
Beyers Jeffery $30,700 None Available
Gurmohamed Bibi A $225,000 Vision Title Of Lakeland Llc
Raju Philip $140,000 Vision Title Of Lakeland Llc
Smart Prop L L C $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lobo Mariela Carolina $314,300
Previous Owner Gurmohamed Bibi A $180,000
Previous Owner Raju Philip $97,500
Previous Owner Smart Prop L L C $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $449,000 0.0% $130 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/20/2024 11/20/24 For Sale $449,000 0.0% $130 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $449,000 -- $130 / Sq Ft
Source: Stellar MLS

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 $5,453 $403,920 $44,000 $134,319
2024 $4,814 $156,112 -- --
2023 $4,814 $141,920 $0 $0
2022 $3,434 $129,018 $0 $0
2021 $3,279 $117,289 $0 $0
2020 $2,912 $106,626 $10,000 $96,626
2018 $2,831 $106,662 $10,000 $96,662
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4948366

Stellar MLS

APN: 25-28-35-355066-000120

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