NOT LISTED FOR SALE

423 N Polk Ave Arcadia, FL 34266

Estimated Value: $62,000 - $243,000

2 Beds
2 Baths
1,716 Sq Ft
$98/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $60,000 $35 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,093/month

109 Days on Market

Highlights

  • Guest House
  • No HOA
  • Living Room
  • Corner Lot
  • Front Porch
  • Outdoor Storage

About This Home

As of October 2024

INVESTOR ALERT!!! Don't let the pictures fool you. There is money to be made here! Currently, this home is set up as a duplex with one bedroom and one bathroom on each side. As an added bonus, this property features a detached two car garage with an additional living area on top. Located in the gorgeous Historic District of Arcadia, this home beams with charm! Under the dirt and grime, you will find original craftsmanship in the wood details! This is a cash only deal due to the condition of the home. If you aren't afraid of some hard work, you may just be the buyer we are looking for! Real estate is a great place to invest your money rather than have it sit in the bank. Book a private showing today.

Last Agent to Sell the Property

Brandi Long

THE WILLIAMSON GROUP REALTY, I Brokerage Phone: 863-494-9009 License #3347368 Listed on: 07/01/2024

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 9,148 Sq Ft Lot
  • West Facing Home
  • Corner Lot
  • Property is zoned R-1B

Parking

  • 2 Car Garage

Home Design

  • Split Level Home
  • Fixer Upper
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,716 Sq Ft Home
  • Living Room
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Front Porch

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gibson & Smiths Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1716
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1915
  • Building Area Total: 2658
  • Lot Size Sq Ft: 9148
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 246.94
  • Escrow City: Punta Gorda
  • Escrow State: FL
  • Escrow Street Name: Madrid Blvd #411
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 34.97
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 863-494-9009
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: Multi/Split
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 159.42

Exterior Features

  • Direction Faces: West
  • Other Structures: Guest House
  • Exterior Features: Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12027C0176C

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Available
  • Cooling: None
  • Heating: None
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-1B
  • Parcel Number: 25-37-24-0166-0080-0120
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Limits, Paved
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2547
  • Tax Block: 8
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Oct 29, 2024
Sold by
Walton Joan C
Bought by
Buhl Lennart
Seller's Agent
Brandi Long
THE WILLIAMSON GROUP REALTY, I
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$100,000
Sold Price
$60,000
Premium/Discount to List
-$40,000
-40%
Views
171
Current Estimated Value
$168,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,361
Avg. Annual Appreciation
137.98%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Buhl Lennart -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $60,000 -40.0% $35 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $100,000 0.0% $58 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $100,000 0.0% $58 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $100,000 -- $58 / 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
2024 $2,561 $131,789 $7,000 $124,789
2023 $2,547 $126,959 $7,000 $119,959
2022 $2,458 $88,139 $0 $0
2021 $2,284 $94,566 $7,000 $87,566
2020 $2,173 $90,734 $7,000 $83,734
2019 $2,034 $82,806 $7,000 $75,806
2018 $1,917 $78,114 $0 $78,114
2017 $1,371 $62,103 $0 $62,103
2016 $1,586 $49,752 $0 $49,752
2015 $1,526 $48,492 $0 $48,492
2014 $1,430 $45,992 $0 $45,992
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: C7494427

Stellar MLS

APN: 25-37-24-0166-0080-0120