NOT LISTED FOR SALE

337 N Mills Ave Arcadia, FL 34266

Estimated Value: $203,000 - $268,000

3 Beds
2 Baths
2,256 Sq Ft
$103/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $185,000 $82 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,610/month

148 Days on Market

Highlights

  • City View
  • No HOA
  • Central Heating and Cooling System
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2021

Triplex conveniently located in the city with has a metal roof - each unit has 1 bedroom 1 bath, kitchen with eating area, living room, washer and dryer hook up and each has a covered one car carport. EXTRA LOT is fenced and has a storage building located on the other side of the alley behind the stand alone unit Great investment opportunity. Gross income $1,975.00 per month.

Last Agent to Sell the Property

Ann Bursa

RE/MAX PALM PCS License #420933 Listed on: 03/27/2021

RE/MAX PALM PCS

Last Buyer's Agent

Rafael Toribio

License #3492213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 1962

Lot Details

  • 0.39 Acre Lot

Parking

  • 3 Carport Spaces

Home Design

  • Triplex
  • Wood Frame Certified By Forest Stewardship Council
  • Metal Roof

Interior Spaces

  • 2,256 Sq Ft Home
  • City Views
  • Crawl Space

Flooring

  • Wood
  • Linoleum

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 3,356 Sq Ft Building
  • Chases Resurvey Lts 01 04 An Subdivision

Building Details

  • Gross Income $23,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,068

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 2256
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 1962
  • Building Area Total: 3356
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 17119
  • Directions to Property: Take Highway 70 East, turn Right on Mills. Property is on the left see sign.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7440662?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7440662?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90244
  • Price per Sq Ft: 82
  • Close to Original List Price Ratio: 0.7551
  • Ratio: Current Price\Building Area Total: 55.13
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Linoleum, Hardwood
  • Foundation Details: Crawlspace
  • Street Number Modifier: 337
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Metal
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1B
  • Parcel Number: 25-37-24-0012-0150-0016
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 1975

Multi Family

  • Gross Income: 23700
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3068.41
  • Tax Block: 15
  • Tax Lot: H

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Nov 23, 2021
Sold by
1213 Investors Group Llc
Bought by
Fleck Cory and Fleck Jason
Seller's Agent
Ann Bursa
RE/MAX PALM PCS
Buyer's Agent
Rafael Toribio
List Price
$245,000
Sold Price
$185,000
Premium/Discount to List
-$60,000
-24.49%
Current Estimated Value
$232,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,575
Avg. Annual Appreciation
6.06%
Original Mortgage
$148,000
Outstanding Balance
$135,804
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$96,771

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 12, 2019
Sold by
Swinney Joseph
Bought by
1213 Investors Group Llc
Seller's Agent
Ann Bursa
RE/MAX PALM PCS
Buyer's Agent
Ann Bursa
RE/MAX PALM PCS
List Price
$160,000
Sold Price
$120,000
Premium/Discount to List
-$40,000
-25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.86%
Original Mortgage
$105,000
Interest Rate
6%
Mortgage Type
Balloon
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
Fleck Cory $185,000 Arcadia Abstract & Ttl Co In
1213 Investors Group Llc $120,000 Arcadia Abstract & Ttl Co In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleck Cory $148,000
Previous Owner 1213 Investors Group Llc $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2021 11/29/21 Sold $185,000 -9.8% $82 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $205,000 -4.7% $91 / Sq Ft
07/15/2021 07/15/21 Price Changed $215,000 -8.5% $95 / Sq Ft
05/22/2021 05/22/21 Price Changed $235,000 -4.1% $104 / Sq Ft
03/27/2021 03/27/21 For Sale $245,000 +104.2% $109 / Sq Ft
07/12/2019 07/12/19 Sold $120,000 -25.0% $53 / Sq Ft View Prior Sale
07/01/2019 07/01/19 Pending -- -- --
06/15/2019 06/15/19 For Sale $160,000 0.0% $71 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $160,000 -- $71 / 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
2024 $4,570 $209,928 $9,000 $200,928
2023 $4,173 $178,320 $9,000 $169,320
2022 $4,038 $170,777 $9,000 $161,777
2021 $3,100 $119,454 $9,000 $110,454
2020 $3,068 $115,797 $9,000 $106,797
2019 $2,827 $120,618 $9,000 $111,618
2018 $2,668 $116,177 $0 $116,177
2017 $2,036 $92,247 $0 $92,247
2016 $2,176 $73,838 $0 $73,838
2015 $2,172 $72,705 $0 $72,705
2014 $2,068 $68,863 $0 $68,863
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7440662

Stellar MLS

APN: 25-37-24-0012-0150-0016