NOT LISTED FOR SALE

401 Donnelly St Eustis, FL 32726

Estimated Value: $227,255 - $302,000

3 Beds
3 Baths
1,604 Sq Ft
$162/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $252,000 $157 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,587/month

2 Days on Market

Highlights

  • 0.54 Acre Lot
  • No HOA
  • Fenced
  • Park or Greenbelt View
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of December 2021

Great Cash Flowing Triplex in Eustis Florida. Fully rented and producing passive income for the owner. Roofs have been replaced. Upgrades and repairs have been made. Tenants were placed at market rent and property is stabilized. Units are on a corner lot across from the City of Eustis Skate Park. Based on asking price, current rental income and a 40% expense ratio this property is producing a 6.5% CAP Rate. Please be respectful of the tenants and do not disturb them. Property is currently being professionally managed.

Last Agent to Sell the Property

Tim Davis

ALL COUNTY POLK PROPERTY MANAG License #3216715 Listed on: 11/09/2021

Last Buyer's Agent

Christine Elias

COLDWELL BANKER RESIDENTIAL RE License #3279342

COLDWELL BANKER RESIDENTIAL RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,637

Year Built

  • Built in 1954

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 64 x 367
  • Fenced

Parking

  • 1 Carport Space

Home Design

  • Triplex
  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,604 Sq Ft Home
  • Park or Greenbelt Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, water
  • Legal Lot and Block 7, 8 / 082
  • Assessor Parcel Number 11-19-26-0200-082-00700

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • Eustis Badger Subdivision

Pet Policy

  • Pets up to 60 lbs
  • 2 Pets Allowed

Building Details

  • Gross Income $27,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,637

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1604
  • Lot Size Acres: 0.54
  • New Construction: No
  • Year Built: 1954
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 23488
  • Tenant Pays: Electricity, Water
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4926450?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4926450?w=Customer
  • Unit Count: 3
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98476
  • Price per Sq Ft: 157.11
  • Close to Original List Price Ratio: 0.98476
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Fenced, Other
  • Roof: Membrane
  • Pool Private: No
  • View: Park
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0355E
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: SR
  • Parcel Number: 11-19-26-0200-082-00700
  • Additional Parcels: No
  • Lot Dimensions: 64 x 367
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 2320
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 60
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 27840
  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1637
  • Tax Block: 082
  • Tax Book Number: 5-39
  • Tax Lot: 7, 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 3, 2021
Sold by
Common Wealth Trust Services Llc
Bought by
Zanetti Christina Lucille and Vailverdu Christian Joel
Seller's Agent
Tim Davis
ALL COUNTY POLK PROPERTY MANAG
Buyer's Agent
Christine Elias
COLDWELL BANKER RESIDENTIAL RE
List Price
$255,900
Sold Price
$252,000
Premium/Discount to List
-$3,900
-1.52%
Current Estimated Value
$259,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,564
Avg. Annual Appreciation
0.73%
Original Mortgage
$189,000
Outstanding Balance
$173,066
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$86,498

Purchase Details

Closed on
Jul 10, 2020
Sold by
Johnson Patrick Properties Llc
Bought by
Common Wealth Trust Services Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 29, 2018
Sold by
Johnsons Properties Of Orlando Inc
Bought by
Johnson Patrick Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 27, 2017
Sold by
Holland Justina
Bought by
Johnson Properties Of Orlando Inc

Purchase Details

Closed on
Feb 4, 2002
Sold by
Chandler Thurman L
Bought by
Ingram & Fennessy Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.16%
Mortgage Type
Commercial
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
Zanetti Christina Lucille $252,000 Equity Title Llc
Zanetti Christina Lucille $252,000 Equity Title
Common Wealth Trust Services Llc -- Attorney
Johnson Patrick Properties Llc $85,000 Attorney
Johnson Properties Of Orlando Inc -- None Available
Ingram & Fennessy Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zanetti Christina Lucille $189,000
Closed Zanetti Christina Lucille $189,000
Previous Owner Common Wealth Trust Services Llc $150,000
Previous Owner Johnson Patrick Properties Llc $85,000
Previous Owner Ingram & Fennessy Inc $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2021 12/09/21 Sold $252,000 -1.5% $157 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $255,900 -- $160 / 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
2026 $2,777 $167,487 $34,343 $133,144
2025 $2,576 $167,487 $34,343 $133,144
2024 $2,576 $167,487 $34,343 $133,144
2023 $2,576 $163,317 $34,343 $128,974
2022 $2,104 $102,984 $22,895 $80,089
2021 $1,561 $76,821 $0 $0
2020 $1,637 $76,695 $0 $0
2019 $1,661 $76,695 $0 $0
2018 $1,428 $66,828 $0 $0
2017 $1,314 $61,278 $0 $0
2016 $1,332 $61,278 $0 $0
2015 $1,341 $60,214 $0 $0
2014 $1,328 $59,246 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4926450

Stellar MLS

APN: 11-19-26-0200-082-00700