NOT LISTED FOR SALE

422 E Citrus Ave Eustis, FL 32726

Estimated Value: $343,032 - $571,000

4 Beds
4 Baths
2,841 Sq Ft
$146/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $175,000 $62 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,522/month

158 Days on Market

Highlights

  • Property is near public transit
  • Landscaped with Trees
  • Level Lot
  • No HOA
  • Central Heating and Cooling System

About This Home

As of September 2017

Back on the market! Buyer financing fell through, but property passed FHA inspection and appraisal! This is a well maintained 4plex, fully rented, 3 units have been recently refurbished. Rent includes water and hot water but electric is on separate meters paid by tenants.

Last Agent to Sell the Property

George Verkaik

NARROW ROAD REALTY License #0379881 Listed on: 02/27/2017

Last Buyer's Agent

Joe Bornstein

ROCK SPRINGS REALTY, LLC License #3211229

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,418

Year Built

  • Built in 1884

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75x170
  • Level Lot
  • Landscaped with Trees

Home Design

  • 2,841 Sq Ft Home
  • Quadruplex
  • Bi-Level Home
  • Wood Frame Construction
  • Metal Roof

Schools

  • Eustis Elementary School
  • Eustis Middle School
  • Eustis High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

Additional Features

  • Range
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 4 / 76
  • Assessor Parcel Number 11-19-26-010007600401

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Eustis Subdivision

Building Details

  • Gross Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,418

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Frame
  • Living Area: 2841
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1884
  • Lease Term: Month To Month
  • Lot Size Sq Ft: 12749
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 61.60
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Range, Refrigerator
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12069C0356E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Electricity Connected, Gas, Sewer Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Eustis Elem
  • High School: Eustis High School
  • Middle Or Junior School: Eustis Middle

Lot Info

  • Parcel Number: 11-19-26-010007600401
  • Additional Parcels: No
  • Lot Features: City Limits, Level, Near Public Transit, Sidewalk, Paved
  • Lot Dimensions: 75x170
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 1800

Multi Family

  • Gross Income: 21600
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 2418
  • Tax Block: 76
  • Tax Book Number: 1-79
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Maltezos George
Bought by
422 Ec Llc
Current Estimated Value
$414,758

Purchase Details

Listed on
Feb 27, 2017
Closed on
Sep 19, 2017
Sold by
Sanford David and Sanford Joy
Bought by
Maltezos George
Seller's Agent
George Verkaik
NARROW ROAD REALTY
Buyer's Agent
Joe Bornstein
ROCK SPRINGS REALTY, LLC
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$131,250
Interest Rate
3.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
422 Ec Llc $100 None Listed On Document
Maltezos George $175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maltezos George $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/01/2018 01/01/18 Off Market $175,000 -- --
09/29/2017 09/29/17 Sold $175,000 -2.7% $62 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
07/31/2017 07/31/17 Price Changed $179,900 0.0% $63 / Sq Ft
07/31/2017 07/31/17 For Sale $179,900 +2.8% $63 / Sq Ft
07/20/2017 07/20/17 Off Market $175,000 -- --
05/13/2017 05/13/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $169,000 -- $59 / 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
2026 $4,115 $205,318 $32,921 $172,397
2025 $3,899 $203,920 $32,921 $170,999
2024 $3,899 $203,920 $32,921 $170,999
2023 $3,899 $198,437 $32,921 $165,516
2022 $3,591 $175,815 $24,691 $151,124
2021 $3,318 $163,244 $0 $0
2020 $3,483 $163,172 $0 $0
2019 $3,376 $155,880 $0 $0
2018 $3,157 $147,674 $0 $0
2017 $2,386 $111,272 $0 $0
2016 $2,418 $111,272 $0 $0
2015 $2,431 $109,184 $0 $0
2014 $2,404 $107,287 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2017

    George Verkaik

    NARROW ROAD REALTY

    (352) 589-8100

    1 in this area

    3 Total Sales

    George Verkaik
    Section Image
  • Joe Bornstein

    Buyer's Agent in 2017

    Joe Bornstein

    ROCK SPRINGS REALTY, LLC

    (407) 252-8092

    97 Total Sales

    Joe Bornstein
    Section Image
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Map

Source: Stellar MLS

MLS Number: G4839001

Stellar MLS

APN: 11-19-26-0100-076-00401

Florida Lake County Eustis 32726

422 E Citrus Ave, Eustis, FL

Not Listed for Sale

MultiFamily

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

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