NOT LISTED FOR SALE

Estimated Value: $159,699 - $287,000

4 Beds
1 Bath
1,470 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $164,700 $112 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,505/month

7 Days on Market

Highlights

  • Furnished
  • Central Heating and Cooling System
  • Rectangular Lot
  • Tile Flooring

About This Home

As of September 2022

This duplex is located in the city of Mulberry in a well established neighborhood. Both units have long standing tenants that would like to stay. The property needs some TLC which would help increase rental rates and returns. This the perfect property for a long term investor looking for steady returns.

Last Agent to Sell the Property

Alfonso Padilla

John R. Wood Properties License #258026139 Listed on: 08/30/2022

John R. Wood Properties

Co-Listed By

Lydia Padilla

Marshall Reddick Real Estate License #277026593

Last Buyer's Agent

Alfonso Padilla

John R. Wood Properties License #258026139 Listed on: 08/30/2022

John R. Wood Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,730

Year Built

  • Built in 1987

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 102 x 138 x 102 x 138
  • Rectangular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • 1,470 Sq Ft Home
  • Furnished
  • Single Hung Windows
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, internet, pest control, telephone
  • Assessor Parcel Number 23-29-33-000000-033300

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Operating Expense $400
  • Net Operating Income $15,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,730

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.32
  • Lot Size: 102 x 138 x 102 x 138
  • Co List Office Mls Id: FJWI2
  • Co List Office Phone: 239-333-2411
  • Subdivision Name: NOT APPLICABLE
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • Year Built: 1987
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Total Bedrooms: 4
  • Flooring: Tile
  • Window Features: Single Hung

Exterior Features

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 23-29-33-000000-033300
  • Zoning Description: 0851
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Internet, Pest Control, Telephone

Multi Family

  • Number Of Units Total: 2
  • Property Net Operating Income: 15200.0
  • Annual Operating Expense: 400.0

Tax Info

  • Tax Annual Amount: 1730.38
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2022
Closed on
Sep 1, 2022
Sold by
Milian Myriam R
Bought by
Rivera Alexis and Rivera Giovanna
Seller's Agent
Alfonso Padilla
John R. Wood Properties
Buyer's Agent
Alfonso Padilla
John R. Wood Properties
List Price
$194,000
Sold Price
$164,700
Premium/Discount to List
-$29,300
-15.1%
Total Days on Market
7
Current Estimated Value
$229,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,975
Avg. Annual Appreciation
10.94%
Original Mortgage
$123,525
Outstanding Balance
$119,351
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$99,768

Purchase Details

Closed on
Oct 31, 2014
Sold by
Fike G Jack and Fike Kathleen A
Bought by
Millian Myriam R

Purchase Details

Closed on
Jul 9, 1998
Sold by
Gardner David H
Bought by
Fike G J and Fike Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.04%
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
Rivera Alexis $164,700 --
Millian Myriam R $46,500 Attorney
Fike G J $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Alexis $123,525
Previous Owner Fike G J $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $164,700 -15.1% $112 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $194,000 -- $132 / 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
2023 $2,587 $137,700 $15,000 $911
2022 $1,756 $70,876 $0 $0
2021 $1,730 $64,433 $0 $0
2020 $1,530 $58,575 $10,000 $48,575
2018 $1,437 $54,628 $10,000 $44,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222053760

Florida Gulf Coast Multiple Listing Service

APN: 23-29-33-000000-033300