5140 & 5142 Cornell St Lakeland, FL 33810
Gibsonia Neighborhood
4
Beds
4
Baths
2,040
Sq Ft
5,589
Sq Ft Lot
Highlights
- Open Floorplan
- No HOA
- Central Heating and Cooling System
- Lincoln Avenue Academy Rated A-
- Laundry closet
- Circulating Fireplace
About This Home
As of March 2025Attention Investors and Homebuyers! Unlock the potential of this sturdy BLOCK DUPLEX located in the heart of Lakeland! Perfect for investors seeking a strong return or families ready to house-hack their way to financial freedom, this property offers the chance to live in one unit, rent out the other, and potentially live for FREE—the ultimate gateway to the American Dream. 2 Bed / 2 Bath 1020sqft on each side, All concrete block construction makes for easy maintenance, and updates include a new roof in 2019, updated electrical panels in both, and unit 5140 has a new AC. Duplex is in a secure area with an EMT station across the street. The units have ceramic tile, beautiful laminate/wood floors and updated kitchen and bathroom. Property has a large yard with plenty of shade to enjoy the outdoors. Located very close to shopping, restaurants, and an easy drive to I4 and everything Lakeland has to offer. Parcel ID: 5140 Cornell St. 23-27-26-010000-004207 & 5142 Cornell St. 23-27-26-010000-004206
Last Agent to Sell the Property
PREMIER SOTHEBYS INT'L REALTY Brokerage Phone: 407-292-5400 License #3341121 Listed on: 01/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,929
Year Built
- Built in 1985
Lot Details
- 5,589 Sq Ft Lot
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Concrete Siding
Interior Spaces
- 2,040 Sq Ft Home
- Open Floorplan
- Circulating Fireplace
- Laundry closet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Schools
- Sleepy Hill Elementary School
- Sleepy Hill Middle School
- Kathleen High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
- 2,040 Sq Ft Building
- Lake Gibson Poultry Farms Inc Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 41
- Assessor Parcel Number 23-27-26-010000-004206
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2025
Closed on
Mar 14, 2025
Sold by
Elderstadj Llc
Bought by
Cassico Holdings 5140 Llc
Seller's Agent
Brady Richardson
PREMIER SOTHEBYS INT'L REALTY
Buyer's Agent
Tracey Crews
SUPERIOR PROPERTY MGMT & SALES
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
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
-$41,275
Avg. Annual Appreciation
-37.03%
Original Mortgage
$142,950
Interest Rate
6.83%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 18, 2020
Sold by
Meibers Robert James
Bought by
Elderstadj Llc
Purchase Details
Closed on
Nov 25, 2019
Sold by
Hood Thomas T and Hood Family Revocable Trust
Bought by
Melbers Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
3.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 25, 2006
Sold by
Hood Joan M and Hood Thomas T
Bought by
Hood Thomas T and Hood Joan M
Purchase Details
Closed on
Sep 3, 1999
Sold by
Keeble Donald W
Bought by
Hood Joan M and Hood Thomas T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,500
Interest Rate
7.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 13, 1996
Sold by
Keeble Donald W
Bought by
Keeble Donald W
Similar Homes in Lakeland, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Equitable Title | |
| Warranty Deed | $150,000 | Equitable Title | |
| Warranty Deed | $119,000 | Lakeland Title Llc | |
| Warranty Deed | $72,000 | Smart Title Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $25,000 | -- | |
| Quit Claim Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $142,950 | Construction | |
| Previous Owner | $57,600 | New Conventional | |
| Previous Owner | $25,000 | New Conventional | |
| Previous Owner | $22,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $300,000 | -6.3% | $147 / Sq Ft |
| 01/29/2025 01/29/25 | Pending | -- | -- | -- |
| 01/29/2025 01/29/25 | For Sale | $320,000 | -- | $157 / 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 | $1,821 | $78,650 | $0 | $0 |
| 2022 | $1,325 | $71,500 | $0 | $0 |
| 2021 | $1,197 | $65,000 | $100 | $64,900 |
| 2020 | $1,170 | $63,000 | $100 | $62,900 |
| 2019 | $1,253 | $66,000 | $100 | $65,900 |
| 2018 | $1,198 | $62,500 | $100 | $62,400 |
| 2017 | $1,160 | $60,500 | $0 | $0 |
| 2016 | $1,139 | $58,500 | $0 | $0 |
| 2015 | $1,121 | $56,500 | $0 | $0 |
| 2014 | $952 | $51,569 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brady Richardson
Seller's Agent in 2025
Brady Richardson
PREMIER SOTHEBYS INT'L REALTY
(516) 661-2669
3 in this area
178 Total Sales
-
Tracey Crews
T
Buyer's Agent in 2025
Tracey Crews
SUPERIOR PROPERTY MGMT & SALES
(863) 853-2770
8 in this area
56 Total Sales
Map
Source: Stellar MLS
MLS Number: O6275329
APN: 23-27-26-010000-004206
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.
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
Nearby Homes
- 5134 Harvard St W
- 0 Us Highway 98 N
- 5017 Cornell St
- 4859 Foxwood Blvd
- 1406 Grace St N
- 4901 Foxwood Blvd
- 1548 Longbow Dr
- 4915 Pocahontas Ln
- 4940 Foxdale Dr
- 5015 Fox Cliff Dr
- 1506 Longbow Dr
- 1602 Tally Ho Dr
- 1566 Black Forest Dr
- 920 Fountainview S
- 5006 Lodgewood Dr
- 1622 Tally Ho Dr
- 1527 Black Forest Dr
- 1519 Black Forest Dr
- 1007 Forest Lake Dr
- 1546 Garrison Dr