NOT LISTED FOR SALE

585 Pine St Mulberry, FL 33860

Estimated Value: $153,000 - $273,000

2 Beds
2 Baths
1,673 Sq Ft
$113/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $120,000 $72 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,136/month

70 Days on Market

Highlights

  • Built in 1920 | Newly Remodeled
  • Wood Flooring
  • Sun or Florida Room
  • View of Trees or Woods
  • Bonus Room
  • Corner Lot

About This Home

As of December 2022

Calling all investors, here is a great opportunity to add to your portfolio or even a flip. Investors, this home is located in an Opportunity Zone, per county records. We are requiring buyers to view the home prior to making an offer. This home is currently occupied by tenants, generating $20,400 annual gross income. Tenants' lease expires in November but they are interested in remaining in place. This home does need work, there is an AC in place but all of the duct work needs replacing, the unit was working prior to the duct work issue. The potential for this home is waiting for some creative thinking investors to maximize it's potential. The rooms are large, ceiling fans in most rooms. The front porch is completely enclosed and if you add a new AC with duct work, it becomes additional living space with room for an office and game room. The living room and dining room are almost the same size. The Kitchen has a large area that can serve as a dining room and then you can convert the dining room or front porch and make a 3rd bedroom. The large lot is fenced and offers two sheds for storage. The carport has been screened in but can easily be converted back to a carport. This home really simply needs updates like new flooring, paint, AC and possibly some updates to Kitchen and Bath to be a really nice home for a first time buyer or starter home. Located just outside of Mulberry it is about 15 minutes from the Fishhawk/Lithia area. From the road the metal roof looks good but could use pressure washing, there is some soffit work needed, pressure wash the house, and paint the exterior doors and wood trim. There is NO HOA and there is a little store down the road. Home cannot go FHA or Keystone. Get your appointment today to see this home. If you have a realtor have them schedule an appointment. We will try to accommodate all appointments, please, no short notices.

Last Agent to Sell the Property

Jim Hampton, Jr

S & D REAL ESTATE SERVICE LLC License #3413343 Listed on: 09/21/2022

S & D REAL ESTATE SERVICE LLC

Co-Listed By

Tammie Hampton

S & D REAL ESTATE SERVICE LLC License #3257272

Last Buyer's Agent

Julian Brizuela

LEGENDS REAL ESTATE PROFESSIONALS, INC License #3539509

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,650

Year Built

  • Built in 1920 | Newly Remodeled

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100x140
  • Northwest Facing Home
  • Chain Link Fence
  • Board Fence
  • Mature Landscaping
  • Corner Lot
  • Land Lease expires 11/30/22
  • Property is zoned R-3

Parking

  • 1 Carport Space

Home Design

  • Bungalow
  • Fixer Upper
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,673 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Bonus Room
  • Sun or Florida Room
  • Inside Utility
  • Views of Woods
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bradley Junction Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,650

Year Built

Built in 1920 | Newly Remodeled

Lot Details

0.32 Acres

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1673
  • Lot Size Acres: 0.32
  • New Construction: Yes
  • Year Built: 1920
  • Building Area Total: 2072
  • Lot Size Sq Ft: 14022
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4932915?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4932915?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.70588
  • Price per Sq Ft: 71.73
  • Close to Original List Price Ratio: 0.66667
  • Ratio: Current Price\Building Area Total: 57.92
  • View: Yes
  • Co List Office Mls Id: 265578063
  • Co List Office Phone: 863-824-7169
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Range
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 11
  • Additional Rooms: Bonus Room, Florida Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Awning(s)
  • Roof: Metal
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-3
  • Parcel Number: 23-31-11-157000-011070
  • Additional Parcels: No
  • Fencing: Board, Chain Link
  • Lot Features: Corner Lot
  • Lot Dimensions: 100x140
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2022-11-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1800
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 1649.62
  • Tax Block: 11
  • Tax Book Number: 3-9
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Dec 22, 2022
Sold by
Sweet Homes 4 Us Llc
Bought by
585 Pine Street E Llc
Seller's Agent
Jim Hampton, Jr
S & D REAL ESTATE SERVICE LLC
Buyer's Agent
Julian Brizuela
LEGENDS REAL ESTATE PROFESSIONALS, INC
List Price
$180,000
Sold Price
$120,000
Premium/Discount to List
-$60,000
-33.33%
Views
31
Current Estimated Value
$189,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,003
Avg. Annual Appreciation
15.51%
Original Mortgage
$122,000
Outstanding Balance
$117,823
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$71,180

Purchase Details

Closed on
Jul 21, 2020
Sold by
Jackson Housing Inc
Bought by
Gonzalez Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2007
Sold by
Home Help Usa Inc
Bought by
Jackson Housing Inc

Purchase Details

Closed on
Oct 6, 2003
Sold by
Hedge Teresa and Bodiford Cody
Bought by
Help Home Usa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,560
Interest Rate
6.32%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 1, 1996
Sold by
Parrish Flem L and Parrish Freida M
Bought by
Bodiford Edward K and Bodiford Eugenia K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
585 Pine Street E Llc $175,000 Dynasty Title
585 Pine Street E Llc $175,000 Dynasty Title
Sweet Homes 4 Us Llc $119,000 Dynasty Title
Sweet Homes 4 Us Llc $119,000 Dynasty Title
Trifecta Investments Llc $117,000 Dynasty Title Llc
Gonzalez Florence $95,000 Florida Professional Ttl Inc
Jackson Housing Inc $36,100 Florida Professional Title I
Help Home Usa Inc $20,000 --
Bodiford Edward K $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 585 Pine Street E Llc $122,000
Closed 585 Pine Street E Llc $122,000
Previous Owner Gonzalez Florence $80,000
Previous Owner Help Home Usa Inc $28,560
Previous Owner Bodiford Edward K $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $120,000 -29.4% $72 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $170,000 -5.6% $102 / Sq Ft
09/21/2022 09/21/22 For Sale $180,000 -- $108 / Sq Ft
Source: Stellar MLS

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 $1,858 $95,228 $24,511 $70,717
2024 $1,716 $91,005 $17,707 $73,298
2023 $1,716 $90,050 $17,207 $72,843
2022 $1,890 $91,047 $0 $0
2021 $1,650 $82,770 $2,625 $80,145
2020 $1,467 $71,466 $2,625 $68,841
2018 $1,336 $62,736 $2,625 $60,111
2017 $1,264 $58,306 $0 $0
2016 $1,221 $56,511 $0 $0
2015 $869 $55,503 $0 $0
2014 $294 $54,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4932915

Stellar MLS

APN: 23-31-11-157000-011070

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