NOT LISTED FOR SALE

5142 Cornell St Unit 1 and 2 Lakeland, FL 33810

Gibsonia Neighborhood
-- Bed
-- Bath
2,040 Sq Ft
5,589 Sq Ft Lot

Last Sold September 18, 2020

Last sale price $190,912 $94 Per Sq Ft

3 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Lincoln Avenue Academy Rated A-
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of September 2020

Excellent opportunity to live in one unit and start generating cash flow immediately, or rent out both units and start generating a 9% return. 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 current owners unit is move in ready, with ceramic tile, beautiful laminate/wood floors and updated kitchen and bathroom. Tenants have been in the unit for 20+ years and have an excellent payment history with no desire to move. 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.

Last Agent to Sell the Property

Tyler Carpenter

CARPENTER REALTY GROUP License #3357315 Listed on: 08/26/2020

Last Buyer's Agent

Brady Richardson

PREMIER SOTHEBYS INT'L REALTY License #3341121

PREMIER SOTHEBYS INT'L REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1985

Lot Details

  • 5,589 Sq Ft Lot
  • Additional Parcels

Parking

  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,040 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Laminate
  • Ceramic Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Sleepy Hill Elementary School
  • Sleepy Hill Middle School
  • Kathleen High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Tax Lot 41
  • Assessor Parcel Number 23-27-26-010000-004206

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lake Gibson Poultry Farms Inc Subdivision

Building Details

  • Gross Income $7,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,253

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2040
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1985
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 5589
  • Number Of Lots: 2
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: from Hwy 98 S turn right onto Harvard. Turn right onto Cornell. Building in on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3261237?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3261237?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.09093
  • Price per Sq Ft: 93.58
  • Close to Original List Price Ratio: 1.09093
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 5142 & 5140
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Sleepy Hill Elementary
  • High School: Kathleen High
  • Middle Or Junior School: Sleepy Hill Middle

Lot Info

  • Parcel Number: 23-27-26-010000-004206
  • Additional Parcels Description: 23-27-26-010000-004207
  • Additional Parcels: Yes
  • Property Attached Yn: Yes
  • Flood Zone Code: x

Rental Info

  • Total Actual Rent: 650
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 7800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1253.15
  • Tax Book Number: 26-25
  • Tax Lot: 41

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2020 09/18/20 Sold $190,912 +9.1% $94 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $175,000 -- $86 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Tyler Carpenter

    Seller's Agent in 2020

    Tyler Carpenter

    CARPENTER REALTY GROUP

    (813) 362-4586

    2 in this area

    124 Total Sales

    Tyler Carpenter
    Section Image
  • Brady Richardson

    Buyer's Agent in 2020

    Brady Richardson

    PREMIER SOTHEBYS INT'L REALTY

    (516) 661-2669

    3 in this area

    185 Total Sales

    Brady Richardson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3261237

Stellar MLS

Florida Polk County Lakeland 33810 Gibsonia

5142 Cornell St Unit 1 and 2, Lakeland, FL

This home is located at 5142 Cornell St Unit 1 and 2, Lakeland, FL 33810 since 26 August 2020. This property was built in 1985. 5142 Cornell St Unit 1 and 2 is a home located in Polk County with nearby schools including Rochelle School Of The Arts, Winston Academy of Engineering, and Kathleen Senior High School.

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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