NOT LISTED FOR SALE

Estimated Value: $420,000 - $500,000

5 Beds
4 Baths
2,096 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $460,000 $219 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,780/month

109 Days on Market

Highlights

  • Lake Front
  • Dock made with wood
  • Cathedral Ceiling
  • Freedom 7 Elementary School of International Studies Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of July 2023

GREAT INCOME OPPORTUNITY ON PRIVATE LAKE. This duplex is located in SE Winter Haven, on Lake Fox and both units are self sufficient. Unit one is a three bedroom, two bath unit offering 1542 sq. ft. of living area with great views of the lake from the kitchen, living room and master bedroom. Unit one has a huge (23X18) lake front master bedroom and all the rooms are over sized for this type of living. Both bathrooms have been updated as well as new interior paint, flooring and appliances. Both units have one car garages and both offer nice lake front lanai's and unit one offers second story balcony views of the lake. Unit two is a two bedroom, two bath unit with 1044 sq ft of living area offers a nice spacious living room with lake front views and has laminate flooring. The duplex also has had a new roof in 2019 and many of the other systems have had updating. The lake front lot does have a dock. The lake is known for great fishing and is large enough to ski on. This property has rewarding income potential considering its lake front and in a prime Winter Haven location. The property also offers an over sized driveway, so no issues with parking. The property is located less than one mile from the local elementary school and is very close to shopping and medical. A great income opportunity or situation for an owner occupant on one side and renter to help with the mortgage on the other.

Last Agent to Sell the Property

Sue Ann Williamon

THE HOME COMPANY License #3103831 Listed on: 01/29/2023

Co-Listed By

Taylor Williamon

THE HOME COMPANY License #3348338

Last Buyer's Agent

Paola Alarcon Rubio

NEXTHOME VISION REALTY License #3387850

NEXTHOME VISION REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,893

Year Built

  • Built in 1985

Lot Details

  • 0.27 Acre Lot
  • Lake Front

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Duplex
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Laminate Flooring
  • Lake Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Upstairs
  • 4 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Dock made with wood
  • Open Dock
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Lake Fox Shores Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,893

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2096
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 11574
  • Status: Sold
  • Co List Office Mls Id: MFR265579052
  • Co List Office Phone: 863-268-8157
  • Ownership: Fee Simple
  • Escrow City: Winter Haven
  • Escrow State: FL
  • Escrow Street Name: Ave G SW
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 219.47
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Master Bedroom Main Floor, Master Bedroom Upstairs
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 194.72

Exterior Features

  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: LAKE FOX
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Rear Porch
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: Lake
  • Water Extras: Dock - Open,Dock - Wood
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12105C0535H

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 27-29-06-855550-000100
  • Additional Parcels: No
  • Lot Features: Paved
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 2
  • Waterfront Features: Lake
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3893
  • Tax Book Number: 70-20
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2023
Closed on
Jul 6, 2023
Sold by
Riley Lonnie L and Riley Cheryl S
Bought by
Dorcent Richard
Seller's Agent
Sue Ann Williamon
THE HOME COMPANY
Buyer's Agent
Paola Alarcon Rubio
NEXTHOME VISION REALTY
List Price
$510,000
Sold Price
$460,000
Premium/Discount to List
-$50,000
-9.8%
Views
399
Current Estimated Value
$450,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,513
Avg. Annual Appreciation
-0.83%
Original Mortgage
$432,437
Outstanding Balance
$422,121
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$28,366

Purchase Details

Listed on
Mar 16, 2020
Closed on
May 6, 2020
Sold by
Schmidt Jackie E and Schmidt Rosaria M
Bought by
Riley Lonnie L and Riley Cheryl S
Seller's Agent
Brad Martin
BETTER HOMES AND GARDENS REAL ESTATE LIFESTYLES REALTY
Buyer's Agent
Sue Ann Williamon
THE HOME COMPANY
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.06%
Original Mortgage
$180,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dorcent Richard $460,000 Integrity First Title
Riley Lonnie L $245,000 Integrity First Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dorcent Richard $432,437
Previous Owner Riley Lonnie L $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2023 07/06/23 Sold $460,000 -4.1% $219 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/07/2023 05/07/23 Price Changed $479,900 -2.0% $229 / Sq Ft
03/22/2023 03/22/23 Price Changed $489,900 -2.0% $234 / Sq Ft
03/01/2023 03/01/23 Price Changed $499,900 -0.8% $239 / Sq Ft
02/13/2023 02/13/23 Price Changed $504,000 -1.2% $240 / Sq Ft
01/29/2023 01/29/23 For Sale $510,000 +108.2% $243 / Sq Ft
05/07/2020 05/07/20 Sold $245,000 -3.9% $95 / Sq Ft View Prior Sale
04/03/2020 04/03/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $255,000 -- $98 / 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 $5,362 $396,096 -- --
2024 $4,197 $372,096 $50,000 $198,118
2023 $4,197 $260,368 $48,000 $212,368
2022 $3,893 $238,251 $40,000 $198,251
2021 $3,774 $218,515 $40,000 $178,515
2020 $2,630 $137,349 $25,000 $112,349
2018 $2,548 $130,805 $25,000 $105,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4924335

Stellar MLS

APN: 27-29-06-855550-000100