NOT LISTED FOR SALE

3725 W Ponkan Rd Apopka, FL 32712

Estimated Value: $332,000 - $382,000

4 Beds
2 Baths
1,800 Sq Ft
$201/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $255,000 $142 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,305/month

77 Days on Market

Highlights

  • 1.84 Acre Lot
  • No HOA
  • Family Room Off Kitchen
  • Wolf Lake Elementary School Rated A-
  • Oversized Lot
  • Eat-In Kitchen

About This Home

As of August 2021

RENTAL INCOME AVAILABILITY! This concrete block, 1800 square feet structure, on concrete slab, has been converted into a Duplex, housing two identical size units. Each unit contains a Kitchen/Living area combo, two bedrooms & a bath. Kitchen contains a refrigerator and range. Electricity has been separated into two services and each tenant had been responsible for his/her own electric bill. Cable is available and tenant was responsible for payment. Floors throughout the units are tile. Electric Wall/Window units provide both cooling and heating to the units. Electric hot water heater is in each unit and was installed in 2005. Waste collection is handled by the county and cost included in owner's taxes. The cost had not been passed on to the tenants. Deep well was dug and piped in 1999; located at back of property on west side. Well provides water to the units. Building does not contain laundry facilities. Drain field for septic is fairly new (2010) and located behind the building where the tree is on the east side to the back where garbage cans are stored.
Each unit brought in $800 per month.
REAL VALUE IS IN THE LAND! Residential real estate development has begun across W Ponkan Rd, from the property.

Last Agent to Sell the Property

April Mycz

RISE REALTY OF FLORIDA LLC License #3457211 Listed on: 04/26/2021

Last Buyer's Agent

Rosa Hughes

KELLER WILLIAMS HERITAGE REALTY License #3381482

KELLER WILLIAMS HERITAGE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 1988

Lot Details

  • 1.84 Acre Lot
  • Lot Dimensions are 200x400
  • Unincorporated Location
  • Oversized Lot

Parking

  • Open Parking

Home Design

  • Duplex
  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,800 Sq Ft Home
  • Family Room Off Kitchen
  • Tile Flooring
  • Walk-Up Access

Kitchen

  • Eat-In Kitchen
  • Range

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Wolf Lake Elementary School
  • Wolf Lake Middle School
  • Apopka High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,345

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1800
  • Lot Size Acres: 1.84
  • New Construction: No
  • Year Built: 1988
  • Lot Size Sq Ft: 80150
  • Tenant Pays: Electricity
  • Directions to Property: From US-441 S, Mt Dora, travel south to W. Ponkan Rd, turn left onto Ponkan Rd to to property on your left. Travel northwest on US 441/W Orange Blossom Trail, turn north on US 429 to W. Ponkan Rd, turn left, property will be on your right.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5932962?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5932962?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Property Description: Walk-Up
  • Ratio: Close Price\List Price: 1.00196
  • Price per Sq Ft: 141.67
  • Close to Original List Price Ratio: 0.92559
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Eating Space In Kitchen, Kitchen/Family Room Combo
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 3725
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: None
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0125F
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Open, Other
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Wolf Lake Elem
  • High School: Apopka High
  • Middle Or Junior School: Wolf Lake Middle

Lot Info

  • Zoning: A-1
  • Parcel Number: 24-20-27-0000-00-046
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone, In County, Oversized Lot, Unincorporated
  • Lot Dimensions: 200X400
  • Property Attached Yn: Yes
  • Flood Zone Code: A
  • Flood Zone Date: 2009-09-25

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Total Actual Rent: 1600
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 19200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2345
  • Tax Block: 00
  • Tax Book Number: XX/XX
  • Tax Lot: 46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2021
Closed on
Aug 24, 2021
Sold by
Vancamp David R and Vancamp Judith A
Bought by
Arias Eva
Seller's Agent
April Mycz
RISE REALTY OF FLORIDA LLC
Buyer's Agent
Rosa Hughes
KELLER WILLIAMS HERITAGE REALTY
List Price
$254,500
Sold Price
$255,000
Premium/Discount to List
$500
0.2%
Current Estimated Value
$361,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,189
Avg. Annual Appreciation
8.91%

Purchase Details

Closed on
Jul 26, 1999
Sold by
Vancamp David R and Vancamp Judith A
Bought by
Lindsey Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,520
Interest Rate
7.51%
Mortgage Type
New Conventional
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
Arias Eva $255,000 Landing Title Agency Inc
Lindsey Tammy J $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lindsey Tammy J $79,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $255,000 +0.2% $142 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $254,500 0.0% $141 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/09/2021 06/09/21 Price Changed $254,500 0.0% $141 / Sq Ft
06/09/2021 06/09/21 For Sale $254,500 -4.0% $141 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $265,000 -3.8% $147 / Sq Ft
04/26/2021 04/26/21 For Sale $275,500 -- $153 / 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 $4,772 $276,511 -- --
2024 $4,163 $270,712 $56,842 $213,870
2023 $4,163 $236,323 $56,842 $179,481
2022 $3,744 $207,747 $56,842 $150,905
2021 $2,552 $136,214 $42,642 $93,572
2020 $2,345 $134,281 $42,642 $91,639
2019 $2,360 $135,100 $42,642 $92,458
2018 $2,160 $115,738 $25,602 $90,136
2017 $2,067 $113,447 $25,602 $87,845
2016 $1,915 $103,059 $17,792 $85,267
2015 $1,844 $97,154 $17,792 $79,362
2014 $1,743 $80,793 $16,372 $64,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5932962

Stellar MLS

APN: 24-2027-0000-00-046