NOT LISTED FOR SALE

Estimated Value: $232,000 - $304,000

2 Beds
1 Bath
2,184 Sq Ft
$124/Sq Ft Est. Value

Last Sold October 14, 2019

Last sale price $165,000 $76 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,772/month

22 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Central Heating and Cooling System

About This Home

As of October 2019

BACK ON THE MARKET. Opportunity knocks again. Income producing triplex. The triplex has two units with 2 bedroom 1 bath, one unit 1 bedroom 1 bath. All units are rented with opportunity for a rent increase. the building also has and a small 15 X 21 unit that can be converted into a community laundry or a storage area for landscaping tools. The building has three separate electric meter

Last Agent to Sell the Property

Juan Francisco

SELECTIVE HOMES REALTY, LLC License #3146900 Listed on: 07/16/2019

Last Buyer's Agent

maria vega

THE EXPERTS TEAM REALTY INC License #3141269

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,997

Year Built

  • Built in 1979

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 102 x 138

Home Design

  • Triplex
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,184 Sq Ft Home
  • Bonus Room

Parking

  • 8 Carport Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Schools

  • Kingsford Elementary School
  • Mulberry Middle School
  • Mulberry High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • 14,074 Sq Ft Building
  • Sabal Palm Park Add Subdivision

Building Details

  • Gross Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,997

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2184
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 14074
  • Lot Size Sq Ft: 14074
  • Tenant Pays: Electricity, Water
  • Directions to Property: From FL-60E turn left onto Willis Rd. Turn left onto Willow Oak Rd. Turn right onto Pear Stop at 4150
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3181164?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3181164?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92179
  • Price per Sq Ft: 75.55
  • Close to Original List Price Ratio: 0.92179
  • Ratio: Current Price\Building Area Total: 11.72
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 4150
  • Additional Rooms: Bonus Room
  • Number Of Buildings: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • 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: 12105C0470G

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Driveway, Off Street, Open
  • Covered Parking Spaces: 8
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Kingsford Elem
  • High School: Mulberry High
  • Middle Or Junior School: Mulberry Middle

Lot Info

  • Zoning: R-1
  • Parcel Number: 23-29-33-000000-033250
  • Additional Parcels: No
  • Lot Dimensions: 102 X 138
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 1700

Multi Family

  • Gross Income: 20400
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1997
  • Tax Book Number: P-81
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2019
Closed on
Oct 11, 2019
Sold by
Cruz Isaac and Soriano Domitila Guevara
Bought by
Premium Investment Properties Inc
Seller's Agent
Juan Francisco
SELECTIVE HOMES REALTY, LLC
Buyer's Agent
maria vega
THE EXPERTS TEAM REALTY INC
List Price
$179,000
Sold Price
$165,000
Premium/Discount to List
-$14,000
-7.82%
Total Days on Market
22
Current Estimated Value
$270,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,466
Avg. Annual Appreciation
9.14%
Original Mortgage
$123,750
Outstanding Balance
$109,598
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$160,868

Purchase Details

Closed on
May 24, 2016
Sold by
Cruz Edwin
Bought by
Cruz Isaac and Cruz Domitila

Purchase Details

Closed on
May 1, 2016
Bought by
Cruz Isaac

Purchase Details

Closed on
Dec 5, 2014
Sold by
Cruz Isaac and Cruz Domitila
Bought by
Cruz Edwin

Purchase Details

Closed on
Mar 19, 2014
Sold by
Milhomme Jean and Milhomme Yolene
Bought by
Cruz Isaac and Cruz Domitila

Purchase Details

Closed on
Jan 29, 2007
Sold by
Milhomme Jean Andral
Bought by
Milhomme Yolene

Purchase Details

Closed on
Jun 29, 2005
Sold by
Froehlich Rick A and Froehlich Leighanna M
Bought by
Milhomme Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
5.48%

Purchase Details

Closed on
Jan 3, 2002
Sold by
Lee Jim D and Lee Jimmie D
Bought by
Froehlich Rick A and Froehlich Leighanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
6.1%
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
Premium Investment Properties Inc $165,000 All Real Estate Ttl Sln Inc
Cruz Isaac -- Attorney
Cruz Isaac $100 --
Cruz Edwin -- None Available
Cruz Isaac $39,000 Florida Family Title Llc
Milhomme Jean -- Florida Family Title Llc
Milhomme Yolene $56,500 None Available
Milhomme Jean M $130,000 Paramount Title Of Polk Coun
Froehlich Rick A $56,000 Stewart Title Of Polk County
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Isaac $123,750
Closed Premium Investment Properties Inc $123,750
Previous Owner Milhomme Jean M $115,200
Previous Owner Froehlich Rick A $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2019 10/14/19 Sold $165,000 -7.8% $76 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $179,000 0.0% $82 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $179,000 -- $82 / 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
2023 $3,031 $101,230 $0 $0
2022 $2,315 $92,027 $12,500 $79,527
2021 $2,338 $87,871 $12,500 $75,371
2020 $2,601 $109,812 $10,000 $99,812
2018 $1,997 $71,034 $10,000 $61,034
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3181164

Stellar MLS

APN: 23-29-33-000000-033250