4720 Fernery Ln Unit B Lakeland, FL 33809
Gibsonia NeighborhoodEstimated Value: $281,000 - $303,000
4
Beds
2
Baths
1,890
Sq Ft
$156/Sq Ft
Est. Value
Highlights
- Solid Surface Countertops
- No HOA
- Tile Flooring
- Lincoln Avenue Academy Rated A-
- Patio
- Central Heating and Cooling System
About This Home
As of June 2022Investor Special! This Duplex offers two rental units, both are 2 bedrooms, 1 bathroom, and each unit has a carport. At the rear of the carport is a laundry shed that has hookups for each unit. Both units are currently occupied by long-term tenants on month-to-month rents and both pay a low rent of $675 - both tenants would like to remain knowing rents will likely increase. Each unit has central HVAC and its own septic system but there is one water input into the building which is paid by the current owner - averaging $45-$50 per month. 4720-2 has a new drain field installed 1-year ago and is still covered by a 3-year warranty. The main living areas have ceramic tile for easy cleanup and carpet in the bedrooms. This property has so much potential income, come see it before it's gone!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,043
Year Built
- Built in 1966
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 150x85
- Street terminates at a dead end
- Fenced
Parking
- 2 Carport Spaces
Home Design
- Duplex
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 1,890 Sq Ft Home
- Window Treatments
- Solid Surface Countertops
- Laundry in Garage
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Thermostat
- Septic Tank
- High Speed Internet
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 12
- Assessor Parcel Number 24-27-30-162500-000124
Community Details
Overview
- No Home Owners Association
- 2 Units
- Goodyear P D Sub Subdivision
Building Details
- Gross Income $16,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2022
Closed on
Jun 30, 2022
Sold by
Bieber Dennis H
Bought by
4720 Fernery Lane Land Trust and Trustee Company
Seller's Agent
Kristen Costa
LIVE FLORIDA REALTY
Buyer's Agent
Kristen Costa
LIVE FLORIDA REALTY
List Price
$179,900
Sold Price
$179,900
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,100
Avg. Annual Appreciation
14.48%
Original Mortgage
$230,000
Interest Rate
5.23%
Mortgage Type
Construction
Purchase Details
Closed on
May 3, 2001
Sold by
Grace George F
Bought by
Bieber Dennis H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.9%
Purchase Details
Closed on
May 28, 1997
Sold by
Ray Burdette E
Bought by
Grace George F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,924
Interest Rate
8.18%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Similar Homes in Lakeland, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 4720 Fernery Lane Land Trust | $179,900 | Advantage Title Services | |
| Bieber Dennis H | $75,000 | -- | |
| Grace George F | $58,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 4720 Fernery Lane Land Trust | $230,000 | |
| Previous Owner | Bieber Dennis | $60,400 | |
| Previous Owner | Grace George F | $60,000 | |
| Previous Owner | Grace George F | $57,924 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $179,900 | 0.0% | $95 / Sq Ft |
| 06/03/2022 06/03/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | For Sale | $179,900 | -- | $95 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $2,713 | $153,000 | $18,000 | $135,000 |
| 2022 | $1,090 | $53,618 | $0 | $0 |
| 2021 | $1,043 | $48,744 | $0 | $0 |
| 2020 | $823 | $44,313 | $15,000 | $29,313 |
| 2018 | $898 | $46,848 | $15,000 | $31,848 |
| 2017 | $892 | $46,533 | $0 | $0 |
| 2016 | $890 | $45,707 | $0 | $0 |
| 2015 | $873 | $44,004 | $0 | $0 |
| 2014 | $803 | $43,776 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kristen Costa
Seller's Agent in 2022
Kristen Costa
LIVE FLORIDA REALTY
(863) 880-1959
2 in this area
62 Total Sales
-
Casey Tray
Seller Co-Listing Agent in 2022
Casey Tray
LIVE FLORIDA REALTY
(863) 868-8905
1 in this area
166 Total Sales
Map
Source: Stellar MLS
MLS Number: L4930482
APN: 24-27-30-162500-000124
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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