NOT LISTED FOR SALE

511 Choctaw Ave Lakeland, FL 33815

Westgate Central Neighborhood

Estimated Value: $204,808 - $296,000

2 Beds
1 Bath
1,550 Sq Ft
$160/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $125,000 $81 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $1,521/month

2 Days on Market

Highlights

  • No HOA
  • Lincoln Avenue Academy Rated A-
  • Central Heating and Cooling System

About This Home

As of December 2018

Great Investment Opportunity! This DUPLEX has 2 units with 2 bedrooms and 1 bath in each unit. Both units are tenant occupied with $700 monthly rent for each side. Excellent condition, roof is 2 years old, Air Conditioning systems including air handlers in both units are 2 years old, windows 2 years old, newer tile flooring throughout in both units and new exterior paint in October 2018. Rear unit has update kitchen. This is a great investment opportunity has happy tenants both with a current lease until November 2019. Located just minuets from Westside park, schools, shopping and close to I-4 and Polk Parkway.

Last Agent to Sell the Property

Martha Harrison

REMAX EXPERTS License #3271209 Listed on: 11/13/2018

REMAX EXPERTS

Last Buyer's Agent

Jenni Thompson

KELLER WILLIAMS REALTY SMART License #703367

KELLER WILLIAMS REALTY SMART

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1985

Lot Details

  • 5,397 Sq Ft Lot
  • Lot Dimensions are 108x50x108x50

Home Design

  • 1,550 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Block Exterior
  • Stucco

Parking

  • Driveway
  • Off-Street Parking

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,550 Sq Ft Building
  • Albert Park Add Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$973

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1550
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 1550
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 5397
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4904528&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=L4904528&cview=true&show_results=true&customer_portal=true
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96525
  • Price per Sq Ft: 80.65
  • Close to Original List Price Ratio: 0.96525
  • Ratio: Current Price\Building Area Total: 80.65
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Levels: One
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0311G
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Off Street
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Zoning: RB-2
  • Parcel Number: 23-28-23-108500-008120
  • Additional Parcels: No
  • Lot Dimensions: 108x50x108x50
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 1400

Multi Family

  • Gross Income: 16800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 973
  • Tax Block: H
  • Tax Book Number: 3-25
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2018
Closed on
Dec 7, 2018
Sold by
Maldonado Emanuel and Maldonado Eamanuel
Bought by
Heaphens Properties Llc
Seller's Agent
Martha Harrison
REMAX EXPERTS
Buyer's Agent
Jenni Thompson
KELLER WILLIAMS REALTY SMART
List Price
$129,500
Sold Price
$125,000
Premium/Discount to List
-$4,500
-3.47%
Current Estimated Value
$248,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,702
Avg. Annual Appreciation
10.50%

Purchase Details

Closed on
Jul 26, 2016
Sold by
Fannie Mae
Bought by
Maldonado Enmanuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,377
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 2016
Sold by
Chouloute Gary Jean and Case #2015Ca-002133-0000-00
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 1, 2016
Bought by
Maldonado Enmanuel

Purchase Details

Closed on
May 31, 2005
Sold by
Griffith Vibert L
Bought by
Chouloute Garry Jean and Chouloute Francoise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.2%

Purchase Details

Closed on
Apr 17, 2000
Sold by
Williams Randy and Williams Judith M
Bought by
Griffith Vibert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,700
Interest Rate
8.29%
Source: Public Records

Range of Values:

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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
Heaphens Properties Llc $125,000 Sunbelt Title Agency
Maldonado Enmanuel $40,000 Reo Title Company Of Fl Llc
Federal National Mortgage Association -- None Available
Maldonado Enmanuel $100 --
Chouloute Garry Jean $95,000 Sunbelt Title Agency
Griffith Vibert L $51,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maldonado Enmanuel $57,377
Previous Owner Chouloute Garry Jean $85,000
Previous Owner Griffith Vibert L $46,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $125,000 -3.5% $81 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
11/13/2018 11/13/18 For Sale $129,500 -- $84 / 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
2025 $2,552 $134,300 -- --
2024 $2,502 $122,091 -- --
2023 $2,502 $110,992 $0 $0
2022 $1,992 $100,902 $0 $0
2021 $1,862 $91,729 $0 $0
2020 $1,590 $83,390 $5,000 $78,390
2018 $973 $55,321 $5,000 $50,321
Source: Public Records

Agents Affiliated with this Home

  • Martha Harrison

    Seller's Agent in 2018

    Martha Harrison

    RE/MAX

    (863) 956-7762

    98 Total Sales

    Martha Harrison
    Section Image
  • Jenni Thompson

    Buyer's Agent in 2018

    Jenni Thompson

    KELLER WILLIAMS REALTY SMART

    (863) 899-5255

    102 Total Sales

    Jenni Thompson
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4904528

Stellar MLS

APN: 23-28-23-108500-008120

Florida Polk County Lakeland 33815 Westgate Central

511 Choctaw Ave, Lakeland, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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