NOT LISTED FOR SALE

325 S 2nd St Leesburg, FL 34748

Estimated Value: $297,000 - $331,000

4 Beds
4 Baths
2,186 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $376,000 $172 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,836/month

50 Days on Market

Highlights

  • Corner Lot
  • Walk-In Closet
  • Central Heating and Cooling System
  • No HOA
  • Outdoor Storage
  • High Speed Internet

About This Home

As of May 2023

This charming duplex of 2 Bed 2 Bath each unit, situated in a fantastic location with excellent walkability and is situated just 3 blocks away from the historic downtown Main Street. You will find yourself surrounded by a diverse range of shops and restaurants to satisfy all of your needs. In addition, the property is conveniently a short walk to the UF Regional Hospital and the recently renovated Venetian Gardens Waterfront Park, making it an ideal location for all.

The property itself has undergone recent upgrades and renovations, including a brand new roof installed in 2022 and complete remodels of both Unit A and B in 2022. These upgrades include new kitchen cabinets, countertops, interior paint, and flooring, making both units move-in ready for any tenant.

At present, the owner occupies one unit, while the second unit is leased until December 2024, providing a stable rental income. This is a fantastic investment opportunity, given the recent renovations and the property's prime location in the heart of Leesburg's shopping, dining, and recreation district.

Don't let this opportunity pass you by, and make this income-producing property a part of your investment portfolio today!

Last Agent to Sell the Property

Andres Lucero

VALSTAR REALTY LLC License #3559435 Listed on: 02/21/2023

Last Buyer's Agent

Jonathan Maggio

KELLER WILLIAMS REALTY AT THE PARKS License #3271967

KELLER WILLIAMS REALTY AT THE PARKS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1910

Lot Details

  • 6,500 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,186 Sq Ft Home
  • Crawl Space
  • Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Outdoor Features

  • Outdoor Storage

Schools

  • Leesburg Elementary School
  • Oak Park Middle School
  • Leesburg High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Leesburg Hansons Subdivision

Building Details

  • Gross Income $17,196

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,058

Year Built

Built in 1910

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 2186
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1910
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 6500
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • Escrow City: Maitland
  • Escrow State: FL
  • Escrow Street Name: Lookout Place
  • RATIO Current Price By Calculate: 172.00
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Cooktop, Dryer, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Spa Yn: No
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 203.09

Exterior Features

  • Other Structures: Storage
  • Exterior Features: Fence, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0317E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Curb Parking, Driveway, On Street

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

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

Schools

  • Elementary School: Leesburg Elementary
  • High School: Leesburg High
  • Middle Or Junior School: Oak Park Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 26-19-24-1200-00A-00300
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 1433
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 17196
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 2058
  • Tax Block: 00A
  • Tax Book Number: 4-44
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
May 12, 2023
Sold by
Guy Ray
Bought by
Rondina Joseph L
Seller's Agent
Andres Lucero
VALSTAR REALTY LLC
Buyer's Agent
Jonathan Maggio
KELLER WILLIAMS REALTY AT THE PARKS
List Price
$449,000
Sold Price
$376,000
Premium/Discount to List
-$73,000
-16.26%
Views
165
Current Estimated Value
$316,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,502
Avg. Annual Appreciation
-5.87%
Original Mortgage
$282,000
Outstanding Balance
$273,445
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$43,053

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 24, 2022
Sold by
Vandyke and Mari
Bought by
Guy Ray
Seller's Agent
Jim Stout
TKC PLATINUM PROPERTIES
Buyer's Agent
Luis Lopez Velez
YOU HAVE REALTY LLC
List Price
$249,000
Sold Price
$247,000
Premium/Discount to List
-$2,000
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.25%
Original Mortgage
$185,250
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2004
Sold by
Lobo Tiffany
Bought by
Vandyke Steven and Vandyke Mari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,400
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2003
Sold by
Go Del Ent Ltd Ptnr
Bought by
Lobo Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,250
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2002
Sold by
Diaz Rafael Laue
Bought by
Go Del Ent Ltd Ptnr

Purchase Details

Closed on
Aug 3, 1998
Sold by
Delvalle Horace
Bought by
Go Del Ent Ltd Ptnr

Purchase Details

Closed on
Feb 23, 1998
Sold by
Delvalle Patricia L
Bought by
Delvalle Horace
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
Rondina Joseph L $376,000 None Listed On Document
Guy Ray $247,000 New Title Company Name
Vandyke Steven $96,000 --
Lobo Tiffany $51,400 --
Go Del Ent Ltd Ptnr -- --
Go Del Ent Ltd Ptnr -- --
Delvalle Horace -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rondina Joseph L $282,000
Previous Owner Guy Ray $185,250
Previous Owner Vandyke Steven $86,400
Previous Owner Lobo Tiffany $46,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $376,000 -6.0% $172 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/12/2023 04/12/23 Price Changed $399,999 -7.0% $183 / Sq Ft
03/22/2023 03/22/23 Price Changed $429,900 -4.3% $197 / Sq Ft
02/21/2023 02/21/23 For Sale $449,000 +81.8% $205 / Sq Ft
08/24/2022 08/24/22 Sold $247,000 -0.8% $113 / Sq Ft View Prior Sale
07/11/2022 07/11/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $249,000 -- $114 / 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
2026 $2,264 $309,615 $16,225 $293,390
2025 $1,557 $110,079 $16,225 $93,854
2024 $1,557 $110,079 $16,225 $93,854
2023 $1,557 $107,024 $16,225 $90,799
2022 $2,058 $107,024 $16,225 $90,799
2021 $1,880 $96,595 $0 $0
2020 $1,907 $92,070 $0 $0
2019 $1,863 $92,070 $0 $0
2018 $1,836 $92,070 $0 $0
2017 $1,691 $83,641 $0 $0
2016 $1,715 $83,641 $0 $0
2015 $1,729 $82,058 $0 $0
2014 $1,543 $80,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6090844

Stellar MLS

APN: 26-19-24-1200-00A-00300

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