NOT LISTED FOR SALE

4805 Church Ave Bowling Green, FL 33834

Estimated Value: $834,838 - $1,421,000

2 Beds
1 Bath
8,250 Sq Ft
$127/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $800,000 $97 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,327/month

47 Days on Market

About This Home

As of November 2022

Wow! You don't see this kind of opportunity very often. 5 almost new duplexes with 10 units in all, built in 2019. Each block building consists of 2 units with 2 bedrooms and 1 bathroom with a Metal roof. All of this is located on a corner lot. All units are occupied and the annual rental intake is $99,600 with room to increase. Call for any questions.

Last Agent to Sell the Property

Don Jerue

KELLER WILLIAMS REALTY SMART 1 License #3186459 Listed on: 09/14/2022

KELLER WILLIAMS REALTY SMART 1

Last Buyer's Agent

Kimberly Dinkel

RE/MAX HERITAGE PROFESSIONALS License #3371774

RE/MAX HERITAGE PROFESSIONALS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,871

Year Built

  • Built in 2019

Lot Details

  • 1.03

Home Design

  • 8,250 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Range
  • 1.03 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 5 Buildings
  • 10 Units
  • Town/Bowling Green Surv Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,871

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 8250
  • Lot Size Acres: 1.03
  • New Construction: No
  • Year Built: 2019
  • Lot Size Sq Ft: 44867
  • Directions to Property: I-4 W to exit 41 for FL 570 toward Auburndale/Lakeland then take exit 14 & merge onto FL 540, turn right onto Thornhill Rd.,turn right onto Spirit Lake Rd, turn right onto US-17 S, left onto Jones St & right onto Church Ave. Corner of Church and Jones.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4922754?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4922754?w=Customer
  • Unit Count: 1
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89385
  • Price per Sq Ft: 96.97
  • Close to Original List Price Ratio: 0.8
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 4805
  • Number Of Buildings: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12049C0064D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-2
  • Parcel Number: 0433-25-0010-00004-0001
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2013-11-06
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 10

Tax Info

  • Tax Annual Amount: 13871
  • Tax Block: 4
  • Tax Book Number: 0
  • Tax Lot: 0001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Nov 29, 2022
Sold by
Caf Reo-2 Llc
Bought by
Rafa Junior Holding Llc
Seller's Agent
Don Jerue
KELLER WILLIAMS REALTY SMART 1
Buyer's Agent
Kimberly Dinkel
RE/MAX HERITAGE PROFESSIONALS
List Price
$1,000,000
Sold Price
$800,000
Premium/Discount to List
-$200,000
-20%
Views
7
Current Estimated Value
$1,044,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,613
Avg. Annual Appreciation
14.25%

Purchase Details

Closed on
Dec 30, 2019
Sold by
Bolin Howard R
Bought by
Nmb Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2019
Sold by
3900 Master Llc
Bought by
Nmb Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2019
Sold by
Bolin Howard R
Bought by
Bolin Howard R

Purchase Details

Closed on
Jan 25, 2010
Sold by
Martell Lawrence J and Bolin Howard R
Bought by
Bolin Howard R

Purchase Details

Closed on
Nov 21, 2007
Sold by
Bolin Howard R
Bought by
Bolin Howard R

Purchase Details

Closed on
Dec 8, 2006
Sold by
Bryan Mack D
Bought by
Martell Lawrence J and Bolin Howard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
9%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Rafa Junior Holding Llc $800,000 --
Nmb Holdings Llc $980,000 Wauchula Abstract & Ttl Co I
Nmb Investments Llc -- Wauchula Abstract & Ttl Co I
3900 Master Llc $198,100 Wauchula Abstract & Ttl Co I
Bolin Howard R -- Attorney
Bolin Howard R -- None Available
Bolin Howard R -- Attorney
Martell Lawrence J $116,000 Hardee County Title & Abs Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nmb Holdings Llc $3,000,000
Previous Owner Martell Lawrence J $92,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $800,000 -10.6% $97 / Sq Ft
11/01/2022 11/01/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $895,000 -10.5% $108 / Sq Ft
09/14/2022 09/14/22 For Sale $1,000,000 -- $121 / 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 $19,625 $828,832 $38,137 $790,695
2023 $18,434 $747,090 $38,137 $708,953
2022 $14,596 $573,354 $38,137 $535,217
2021 $13,871 $529,708 $22,433 $507,275
2020 $13,689 $530,026 $22,433 $507,593
2019 $3,298 $86,057 $58,122 $27,935
2018 $1,670 $66,278 $39,200 $27,078
2017 $1,624 $63,072 $0 $0
2016 $1,666 $66,481 $0 $0
2015 $1,540 $54,376 $39,200 $15,176
2014 $1,407 $53,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4922754

Stellar MLS

APN: 0433-25-0010-00004-0001