NOT LISTED FOR SALE

3410 Fairfax Park Place Lakeland, FL 33801

Eaton Park Neighborhood
-- Bed
-- Bath
10,598 Sq Ft
2.46 Acres

Last Sold January 04, 2023

Last sale price $490,000 $46 Per Sq Ft

202 Days on Market

Highlights

  • 2.46 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Lincoln Avenue Academy Rated A-
  • Cooling System Mounted To A Wall/Window
  • High Speed Internet

About This Home

As of January 2023

Please note income and expenses have been revised as of 9/1/2022. Over 15% CAP RATE AT CURRENT RENTS. 50% down private financing now available. Rent roll and income & expense statement available. 11 unit mobile home park with 7 single wides and 4 double wides. Rents are under market value and can be increased in current condition. The Mobile Homes are older but always rent fast. Tenants mow their own lawns. it is currently owner managed. Water supply main was recently upgraded for good water pressure. Five septic systems serve clusters of homes and work fine. Park provides county water. it is currently owner managed. 5 day inspection period max. Escrow deposit is 5% minimum and must be paid within 24 hours of accepted offer. No Finance and/or Appraisal Contingencies. Do you due diligence before writing offer. Escrow Deposit is non refundable after inspection period. All leases are verbal and on month to month. What you see is what you get. Experienced Mobile Home Park owner/operators offers will be given priority. Do not disturb tenants. Rare opportunity! Submit your highest and best offer with terms as stated above.

Last Agent to Sell the Property

Steven Ray Burnett

NUGGET REALTY License #3354867 Listed on: 05/11/2022

Last Buyer's Agent

Steven Ray Burnett

NUGGET REALTY License #3354867 Listed on: 05/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 1968

Lot Details

  • 2.46 Acre Lot
  • Lot Dimensions are 82.5x200

Parking

  • Assigned Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 10,598 Sq Ft Home
  • Crawl Space

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 24-28-26-000000-044080

Community Details

Overview

  • No Home Owners Association
  • 11 Buildings
  • 11 Units
  • Acreage Subdivision

Building Details

  • Gross Income $98,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,661

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 10598
  • Lot Size Acres: 2.46
  • New Construction: No
  • Year Built: 1968
  • Lot Size Sq Ft: 106966
  • Tenant Pays: Electricity
  • Directions to Property: From US HWY 92 and Reynolds Rd. Go South to Fairfax Park Place turn left (East) into property.
  • Status: Sold
  • Homestead Y N: No
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9802
  • Price per Sq Ft: 46.24
  • Close to Original List Price Ratio: 0.75385
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Crawlspace
  • Street Number Modifier: 3410
  • Number Of Buildings: 11
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Lighting
  • Roof: Metal, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Other
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric, Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-3
  • Parcel Number: 24-28-26-000000-044080
  • Additional Parcels: No
  • Lot Dimensions: 82.5x200
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 8190

Multi Family

  • Gross Income: 98280
  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 3661.34
  • Tax Book Number: P-81

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $490,000 -2.0% $46 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $499,900 0.0% $47 / Sq Ft
07/08/2022 07/08/22 Off Market $499,900 -- --
07/07/2022 07/07/22 Price Changed $499,900 -4.8% $47 / Sq Ft
05/20/2022 05/20/22 Price Changed $525,000 -4.5% $50 / Sq Ft
05/14/2022 05/14/22 Price Changed $550,000 -15.4% $52 / Sq Ft
05/11/2022 05/11/22 For Sale $650,000 -- $61 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Steven Ray Burnett

    NUGGET REALTY

    (863) 529-8670

    8 in this area

    104 Total Sales

    Steven Ray Burnett
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: L4929944

Stellar MLS

APN: 242826000000044080

Florida Polk County Lakeland 33801 Eaton Park

3410 Fairfax Park Place, Lakeland, FL

This home is located at 3410 Fairfax Park Place, Lakeland, FL 33801 since 11 May 2022. This property was built in 1968. 3410 Fairfax Park Place is a home located in Polk County with nearby schools including Oscar J. Pope Elementary School, Combee Academy of Design & Engineering, and Rochelle School Of The Arts.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes