NOT LISTED FOR SALE

386 Pennfield Ave Unit 2 Lehigh Acres, FL 33974

Alabama Neighborhood

Estimated Value: $274,000 - $468,000

4 Beds
4 Baths
2,580 Sq Ft
$137/Sq Ft Est. Value

Last Sold September 02, 2016

Last sale price $165,000 $64 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,237/month

Highlights

  • Tile Flooring
  • Water Softener
  • Rectangular Lot
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of September 2016

Fantastic opportunity! Rent one side and live in the other. Tax records show 2 bedrooms on each side but there are actually 3 bedrooms each side. 3 bedrooms, 2 baths and 1 car garage. Shared laundry between units. Great location just one block from Alabama. Being sold AS IS. Don't wait... this one is priced to sell quickly.

Last Agent to Sell the Property

Patricia North

Alliance Realty Group License #258003281 Listed on: 09/02/2016

Last Buyer's Agent

Patricia North

Alliance Realty Group License #258003281 Listed on: 09/02/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,022

Year Built

  • Built in 2006

Lot Details

  • 0.3 Acre Lot
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,580 Sq Ft Home
  • Ceiling Fan
  • Single Hung Windows

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 18 / 71
  • Assessor Parcel Number 07-45-27-14-00071.0180

Community Details

Overview

  • 2 Units
  • Southwood Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,022

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.3
  • Subdivision Name: SOUTHWOOD
  • Directions: SR 82 to north on Alabama. Right on Preston Street and left on Pennfield Avenue.
  • Structure Type: Duplex
  • Year Built: 2006
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Water Softener
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Window Features: Single Hung

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Property Condition: Resale
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 07-45-27-14-00071.0180
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1022.0
  • Tax Block: 71
  • Tax Lot: 18
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Sep 13, 2016
Sold by
Whitman Allan R and Whitman Linda A
Bought by
Mallo Marioa
Seller's Agent
Patricia North
Alliance Realty Group
Buyer's Agent
Patricia North
Alliance Realty Group
List Price
$174,900
Sold Price
$165,000
Premium/Discount to List
-$9,900
-5.66%
Current Estimated Value
$352,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,205
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Jan 12, 2016
Sold by
Whitman Allan R and Whitman Linda A
Bought by
Whitman Family Revocable Trust

Purchase Details

Closed on
Apr 29, 2009
Sold by
Golden William J and Haas Craig L
Bought by
Whitman Allan and Whitman Linda

Purchase Details

Closed on
Mar 26, 2007
Sold by
Hull Bay Llc
Bought by
Golden William J and Haas Craig L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,200
Interest Rate
7.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2005
Sold by
Gohagen David and Gohagen Delve
Bought by
Hull Bay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mallo Marioa $165,000 Dhi Title Of Florida Inc
Whitman Family Revocable Trust -- Attorney
Whitman Allan $70,000 Oig Title & Escrow Llc
Golden William J -- Concord Title Agency Llc
Hull Bay Llc $55,000 Tradewinds Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golden William J $304,200
Previous Owner Hull Bay Llc $210,000
Previous Owner Hull Bay Llc $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2016 09/02/16 Sold $165,000 -5.7% $64 / Sq Ft
09/02/2016 09/02/16 For Sale $174,900 -- $68 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $3,810 $264,216 -- --
2023 $4,350 $240,196 $0 $0
2022 $3,810 $218,360 $0 $0
2021 $3,349 $198,509 $6,000 $192,509
2020 $3,230 $184,929 $5,000 $179,929
2019 $3,487 $176,837 $4,500 $172,337
2018 $3,308 $163,130 $4,500 $158,630
2017 $3,119 $150,208 $4,000 $146,208
2016 $1,041 $122,920 $4,000 $118,920
2015 $1,022 $113,115 $3,300 $109,815
2014 $469 $97,406 $2,445 $94,961
2013 -- $75,813 $2,800 $73,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216055624

Florida Gulf Coast Multiple Listing Service

APN: 07-45-27-L4-14071.0180