NOT LISTED FOR SALE

419 Cannon St Unit 4 Lakeland, FL 33803

Dixieland Neighborhood

Estimated Value: $381,000 - $520,000

2 Beds
1 Bath
2,689 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $240,000 $89 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,699/month

11 Days on Market

Highlights

  • 0.37 Acre Lot
  • No HOA
  • Central Air
  • Lincoln Avenue Academy Rated A-
  • Covered Patio or Porch
  • 4-minute walk to Drane Park

About This Home

As of September 2019

419 Cannon St Lakeland, 4 family home for sale. Here is a wonderful opportunity to purchase an income producing property I central Lakeland. There are three (3),1- bedroom 1- bath units and one (1), 2-bedroom 1- bath unit apartments. Each unit has its own central AC unit, all the utilities are paid for by the tenants. There is a 4-car port with one space with a large lockable storage locker for each unit that is attached to the parking space. At this time all except one unit are occupied.

Last Agent to Sell the Property

Joe Baker

NATIVE PALM PROPERTIES LLC License #3224396 Listed on: 07/31/2019

Last Buyer's Agent

Connie Young

BHHS FLORIDA PROPERTIES GROUP License #3012260

BHHS FLORIDA PROPERTIES GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1952

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 118x138

Parking

  • 4 Carport Spaces

Home Design

  • 2,689 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Outdoor Features

  • Covered Patio or Porch

Schools

  • Dixieland Elementary School
  • Southwest Middle School
  • Kathleen High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Kiblers Second Add Subdivision

Building Details

  • Gross Income $25,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,363

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2689
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1952
  • Lot Size Sq Ft: 16283
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4909652?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4909652?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: 1.00418
  • Price per Sq Ft: 89.25
  • Close to Original List Price Ratio: 1.00418
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0315G

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Sewer Available, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric, Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Dixieland Elem
  • High School: Kathleen High
  • Middle Or Junior School: Southwest Middle School

Lot Info

  • Zoning: RA-4
  • Parcel Number: 23-28-24-109500-001121
  • Additional Parcels: No
  • Lot Dimensions: 118x138
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 2125

Multi Family

  • Gross Income: 25500
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1363
  • Tax Block: A
  • Tax Book Number: 9-46
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Lakeland Gsr Inc
Bought by
Pauland Enterprises Inc
Current Estimated Value
$462,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Outstanding Balance
$329,218
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$133,115

Purchase Details

Listed on
Jul 31, 2019
Closed on
Sep 16, 2019
Sold by
Barnett Lois P and Lois P Barnett Revocable Trust
Bought by
Lakeland Gsr Inc
Seller's Agent
Joe Baker
NATIVE PALM PROPERTIES LLC
Buyer's Agent
Connie Young
BHHS FLORIDA PROPERTIES GROUP
List Price
$239,000
Sold Price
$240,000
Premium/Discount to List
$1,000
0.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$360,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 6, 2015
Sold by
Barnett Lois P and Barnett Franklin T
Bought by
Barnett Lois P and Lois P Barnett Living Revocabl
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
Pauland Enterprises Inc $513,200 Attorney
Lakeland Gsr Inc $480,000 North American Title Company
Barnett Lois P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pauland Enterprises Inc $384,900
Previous Owner Lakeland Gsr Inc $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2019 09/16/19 Sold $240,000 +0.4% $89 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $239,000 -- $89 / 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 $3,209 $187,226 -- --
2024 $2,824 $170,205 -- --
2023 $2,824 $154,732 $0 $0
2022 $2,584 $140,665 $40,000 $100,665
2021 $2,549 $134,783 $40,000 $94,783
2020 $3,364 $176,464 $15,000 $161,464
2018 $1,363 $69,297 $15,000 $54,297
2017 $1,340 $68,135 $0 $0
2016 $1,300 $65,101 $0 $0
2015 $1,263 $62,075 $0 $0
2014 -- $61,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Baker

    Seller's Agent in 2019

    Joe Baker

    NATIVE PALM PROPERTIES LLC

    (863) 647-1679

    11 Total Sales

    Joe Baker
    Section Image
  • Connie Young

    Buyer's Agent in 2019

    Connie Young

    BHHS FLORIDA PROPERTIES GROUP

    (863) 944-0334

    1 in this area

    66 Total Sales

    Connie Young
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4909652

Stellar MLS

APN: 23-28-24-109500-001121

Florida Polk County Lakeland 33803 Dixieland

419 Cannon St Unit 4, Lakeland, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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