NOT LISTED FOR SALE

Estimated Value: $500,000 - $604,000

2 Beds
1 Bath
3,574 Sq Ft
$152/Sq Ft Est. Value

Last Sold May 17, 2022

Last sale price $460,000 $129 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,551/month

72 Days on Market

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Central Heating and Cooling System
  • Frank E. Brigham Academy Rated 9+
  • Sliding Doors

About This Home

As of May 2022

GREAT INVESTMENT OPPORTUNITY !!!
Quadplex: Four apartments, each with 2 Bed/1 Bath with separate great room, hallway, kitchen, laundry room and appliances. Concrete block construction with newer ceramic tiled floors throughout. No carpet. New Roof placed in Oct/2021 with 25 years of warranty. New paint outside, painted in January/2022. Each apartment has separate utility meters and addresses, each with its own newer Heat/Air Condition, electric water heaters, range, and fridge. Public sewer. Fenced on one side and in the back. Great location, near schools, Florida Polytechnic, shopping, banking, and easy access to I-4 via Polk Parkway. Centrally located for easy commute to both Orlando and Tampa. Currently rented for $675 per month. All tenants are 4-5 years or more with a month to month lease. Opportunity to stay in one, and rent the other 3 apartments or rent all 4 apartments for a great cash flow.
UNITS CAN BE RENTED FOR MORE THAN $1,000 PER MONTH

Last Agent to Sell the Property

Daylet Macias

KELLER WILLIAMS LEGACY REALTY License #3471752 Listed on: 02/21/2022

KELLER WILLIAMS LEGACY REALTY

Last Buyer's Agent

Courtney Bass

PREMIER SOTHEBY'S INTL. REALTY License #3262984

PREMIER SOTHEBY'S INTL. REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,754

Year Built

  • Built in 1986

Lot Details

  • 10,298 Sq Ft Lot
  • Lot Dimensions are 99x104

Home Design

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

Interior Spaces

  • 3,574 Sq Ft Home
  • Sliding Doors
  • Family Room Off Kitchen
  • Range

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Harmonwood Sub Subdivision

Building Details

  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,754

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 3574
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1986
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10298
  • Directions to Property: Follow I-4 W and FL-570 W/Polk Pkwy to FL-540 E. Take exit 14 from FL-570 W/Polk Pkwy Follow FL-540 E to Harmon Ln in Jan Phyl Village
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6005541?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6005541?w=Customer
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95833
  • Price per Sq Ft: 128.71
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Kitchen/Family Room Combo
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 3110
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • 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: Electricity 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

Lot Info

  • Parcel Number: 25-28-35-355068-000140
  • Additional Parcels: No
  • Lot Dimensions: 99x104
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 1000

Multi Family

  • Gross Income: 48000
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3753.73
  • Tax Book Number: 80-32
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
May 16, 2022
Sold by
Thomas and Reena
Bought by
Park Ave Llc
Seller's Agent
Daylet Macias
KELLER WILLIAMS LEGACY REALTY
Buyer's Agent
Courtney Bass
PREMIER SOTHEBY'S INTL. REALTY
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Current Estimated Value
$543,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,000
Avg. Annual Appreciation
5.16%
Original Mortgage
$323,600
Interest Rate
4.48%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 7, 2012
Closed on
Apr 22, 2013
Sold by
Joseph Kuruvilla and Joseph Mary
Bought by
Thomas Pramod and Pramod Reena
Seller's Agent
Joe Joseph
JOSEPH REALTY, INC
Buyer's Agent
Joe Joseph
JOSEPH REALTY, INC
List Price
$119,900
Sold Price
$70,000
Premium/Discount to List
-$49,900
-41.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.35%
Original Mortgage
$49,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2003
Sold by
Tower William and Tower Jennifer
Bought by
Joseph Kuruvilla and Joseph Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2002
Sold by
Rounds David J and Rounds Sheila D
Bought by
Tower William and Tower Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,650
Interest Rate
6.81%
Mortgage Type
Commercial
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
Park Ave Llc $460,000 New Title Company Name
Thomas Pramod $70,000 Attorney
Joseph Kuruvilla $115,000 --
Tower William $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Ave Llc $346,500
Closed Park Ave Llc $323,600
Previous Owner Thomas Pramod $49,000
Previous Owner Joseph Kuruvilla $103,500
Previous Owner Tower William $79,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $460,000 -4.2% $129 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/02/2022 05/02/22 Price Changed $480,000 -3.8% $134 / Sq Ft
05/01/2022 05/01/22 For Sale $499,000 0.0% $140 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $499,000 0.0% $140 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $499,000 0.0% $140 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/12/2022 03/12/22 Price Changed $499,000 0.0% $140 / Sq Ft
03/12/2022 03/12/22 For Sale $499,000 +8.5% $140 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $460,000 +557.1% $129 / Sq Ft
05/31/2013 05/31/13 Sold $70,000 -41.6% $20 / Sq Ft
09/07/2012 09/07/12 For Sale $119,900 -- $34 / 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 $7,177 $403,920 $44,000 $180,065
2024 $7,005 $375,552 $44,000 $177,962
2023 $7,005 $399,024 $42,000 $2,621
2022 $3,953 $140,660 $0 $0
2021 $3,754 $127,873 $0 $0
2020 $3,230 $123,592 $15,000 $108,592
2018 $2,969 $105,396 $15,000 $90,396
2017 $2,855 $96,154 $0 $0
2016 $2,623 $87,413 $0 $0
2015 $1,218 $80,368 $0 $0
2014 $2,311 $77,112 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6005541

Stellar MLS

APN: 25-28-35-355068-000140