NOT LISTED FOR SALE

Estimated Value: $462,111 - $646,000

6 Beds
4 Baths
2,496 Sq Ft
$223/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $330,000 $132 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,449/month

511 Days on Market

Highlights

  • Newly Remodeled
  • Central Air
  • Heating Available
  • No HOA
  • Fenced

About This Home

As of February 2020

7.5% CAP RATE!!! Amazing opportunity to purchase a newer duplex in West Bradenton!!! New construction duplex built by custom home builder Johnson Homes. These are almost unheard of especially on the west side of Bradenton. Solid return with little to no maintenance for the foreseeable future in these 3 bedroom, 2 bathrooms units. 100% occupancy and solid rent numbers! This duplex was built with renting in mind and is extremely well thought out in order to minimize maintenance costs. Open floor plans and strong durable materials where used throughout both of the units. You wont find a nicer duplex in Bradenton that is already rented and ready to go. Simply purchase and start making solid net returns tomorrow!

Last Agent to Sell the Property

Jay Travis

RE/MAX ALLIANCE GROUP License #0678507 Listed on: 08/23/2018

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Anthony Almengual

BRIGHT REALTY License #0684697

BRIGHT REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 8,557 Sq Ft Lot
  • Lot Dimensions are 100x80
  • Fenced

Home Design

  • 2,496 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Block Exterior
  • Stucco

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,496 Sq Ft Building
  • Cortez Gardens First Section Community
  • Cortez Gardens First Sec Subdivision

Building Details

  • Gross Income $30,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,664

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2496
  • Lot Size Acres: 0.2
  • New Construction: Yes
  • Year Built: 2017
  • Building Area Total: 2496
  • Lot Size Sq Ft: 8557
  • Number Of Lots: 1
  • Directions to Property: Manatee Ave to 59th St W.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4411690?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4411690?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 5129600
  • Call Center Phone Number: 800-746-9464
  • Subdivision Section Number: 5
  • Ratio: Close Price\List Price: 0.94313
  • Price per Sq Ft: 132.21
  • Close to Original List Price Ratio: 0.36707
  • Ratio: Current Price\Building Area Total: 132.21
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 4029
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0303E

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: RDD6
  • Parcel Number: 5142300159
  • Additional Parcels: No
  • Lot Dimensions: 100x80
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 30900
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3664
  • Tax Block: 10
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2018
Closed on
Feb 20, 2020
Sold by
Johnson Properties Of West Florida Llc
Bought by
Gordon Lydell Ward and Gordon Elizabeth Marie
Seller's Agent
Jay Travis
RE/MAX ALLIANCE GROUP
Buyer's Agent
Anthony Almengual
BRIGHT REALTY
List Price
$699,000
Sold Price
$330,000
Premium/Discount to List
-$369,000
-52.79%
Current Estimated Value
$557,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,028
Avg. Annual Appreciation
9.73%
Original Mortgage
$247,500
Outstanding Balance
$219,144
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$337,884

Purchase Details

Closed on
Feb 28, 2017
Sold by
Johnson Brian
Bought by
Johnson Properties Of West Florida Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,500
Interest Rate
5%
Mortgage Type
Commercial
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gordon Lydell Ward $330,000 Attorney
Johnson Properties Of West Florida Llc -- Attorney
Johnson Properties Of West Florida Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Lydell Ward $247,500
Previous Owner Johnson Properties Of West Florida Llc $171,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $330,000 -5.7% $132 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/10/2020 01/10/20 Price Changed $349,900 -49.9% $140 / Sq Ft
11/13/2019 11/13/19 For Sale $699,000 0.0% $280 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/16/2019 10/16/19 Price Changed $699,000 -3.6% $280 / Sq Ft
09/30/2019 09/30/19 Price Changed $725,000 -3.3% $290 / Sq Ft
08/13/2019 08/13/19 Price Changed $750,000 -6.1% $300 / Sq Ft
07/09/2019 07/09/19 Price Changed $799,000 -6.0% $320 / Sq Ft
05/01/2019 05/01/19 Price Changed $850,000 -2.3% $341 / Sq Ft
11/16/2018 11/16/18 Price Changed $870,000 -3.2% $349 / Sq Ft
08/23/2018 08/23/18 For Sale $899,000 -- $360 / 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 $5,956 $368,492 -- --
2024 $5,956 $414,118 $45,900 $368,218
2023 $5,804 $417,994 $45,900 $372,094
2022 $4,385 $395,699 $45,000 $350,699
2021 $4,210 $251,685 $45,000 $206,685
2020 $3,831 $216,167 $45,000 $171,167
2019 $3,689 $206,205 $45,000 $161,205
2018 $3,665 $203,367 $45,000 $158,367
2017 $600 $27,500 $0 $0
2016 $411 $24,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4411690

Stellar MLS

APN: 51423-0015-9