Seller's Agent in 2021
Keith Libby, Sr.
LIBBY REALTY, INC.
(407) 873-3324
1 in this area
52 Total Sales
420 Alabama Ave Saint Cloud, FL 34769
Downtown Saint Cloud NeighborhoodEstimated Value: $328,000 - $397,000
4
Beds
2
Baths
1,788
Sq Ft
$203/Sq Ft
Est. Value
Highlights
- Waterfront Community
- Water Access
- No HOA
- Public Boat Ramp
- Fishing
- 4-minute walk to O.P. Johnson Park
About This Home
As of September 2021Excellent Investment Opportunity with excellent Long Term tenants ideally located within a few steps of the popular Multi-Million Dollar St Cloud Lakefront Recreational Park. This well maintained duplex of 2- 2 bed/ 1 bath units boasts one tenant who has been there since 2017 that pays a month ahead an under market rent of $1050 . Current lease expires in April 2022. Possible opportunity to increase current discounted rent at that time. Other tenant since Sept 2020 and lease expires September 2022 at $1250 a month. Property features oversized 150 ft treed lot with vehicular access lane in the rear ,appliances including one washer & both dryers ,12 yr old roof, a 6yr old A/C , 5 & 8 yr old water heaters and exterior storage closets. Owner's Storage Shed in back yard. Pictures of vacant unit is Unit#422 that were taken when it was remodeled and updated in Sept 2020 prior to the current tenant taking occupany. Other pictures are of unit# 420 remodeled a few years before. Purchase and enjoy an excellent and immediate income at a Cap Rate very close to 7%. Call Today!
Last Agent to Sell the Property
LIBBY REALTY, INC. License #575375 Listed on: 08/22/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,393
Year Built
- Built in 1972
Lot Details
- 14,985 Sq Ft Lot
- Lot Dimensions are 100x150
Parking
- Driveway
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,788 Sq Ft Home
- Sliding Doors
- Fire and Smoke Detector
- Range with Range Hood
Flooring
- Carpet
- Laminate
- Ceramic Tile
Laundry
- Laundry closet
- Dryer
- Washer
Outdoor Features
- Water Access
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Tenant pays for electricity, sewer, trash collection, water
- Legal Lot and Block 4 / 386
- Assessor Parcel Number 01-26-30-0001-0386-0040
Community Details
Overview
- No Home Owners Association
- 2 Units
- Lake Front Add Subdivision
Recreation
- Public Boat Ramp
- Boat Ramp
- Waterfront Community
- Community Playground
- Fishing
- Park
Pet Policy
- Pets Allowed
Building Details
- Gross Income $27,600
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 12, 2022
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Aug 22, 2021
Closed on
Sep 20, 2021
Sold by
Bought by
Seller's Agent
Keith Libby, Sr.
LIBBY REALTY, INC.
Buyer's Agent
Khurram Bukhari
ROBERT SLACK LLC
List Price
$349,900
Sold Price
$318,000
Premium/Discount to List
-$31,900
-9.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Purchase Details
Closed on
Jul 13, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,603
Interest Rate
6.52%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $318,000 | Stewart Title Company | ||
| $187,500 | Realty Advantage Title Llc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $184,603 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/20/2021 09/20/21 | Sold | $318,000 | -9.1% | $178 / Sq Ft |
| 09/01/2021 09/01/21 | Pending | -- | -- | -- |
| 08/21/2021 08/21/21 | For Sale | $349,900 | -- | $196 / Sq Ft |
Source: Stellar MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $6,028 | $334,900 | $72,800 | $262,100 |
| 2024 | $6,028 | $337,300 | $72,800 | $264,500 |
| 2023 | $5,978 | $331,500 | $62,400 | $269,100 |
| 2022 | $4,382 | $242,700 | $54,100 | $188,600 |
| 2021 | $2,631 | $145,200 | $40,000 | $105,200 |
| 2020 | $2,393 | $129,100 | $33,800 | $95,300 |
| 2019 | $2,208 | $117,800 | $31,500 | $86,300 |
| 2018 | $2,020 | $105,900 | $31,500 | $74,400 |
| 2017 | $1,984 | $102,000 | $31,500 | $70,500 |
| 2016 | $1,913 | $97,500 | $30,600 | $66,900 |
| 2015 | $1,847 | $92,200 | $30,600 | $61,600 |
| 2014 | $1,821 | $90,400 | $29,200 | $61,200 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Libby, Sr.
-
Khurram Bukhari
K
Buyer's Agent in 2021
Khurram Bukhari
ROBERT SLACK LLC
(754) 244-9698
1 in this area
17 Total Sales
Map
Source: Stellar MLS
MLS Number: S5055370
APN: 01-26-30-0001-0386-0040
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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