NOT LISTED FOR SALE

601 S Dixie Ave Fruitland Park, FL 34731

Estimated Value: $581,000 - $785,000

9 Beds
6 Baths
4,856 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $420,000 $86 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,311/month

72 Days on Market

Highlights

  • Parking available for a boat
  • No HOA
  • Central Heating and Cooling System
  • 0.68 Acre Lot

About This Home

As of July 2018

Here is the chance to own a six unit. Three separate building, each building has two 2 bedroom and 1 bath.
Good investment.
Additional information on the property *see attachment*

Last Agent to Sell the Property

Dina Recio

DINA REALTY GROUP, INC. License #618682 Listed on: 03/22/2018

Co-Listed By

Johanna Recio

DINA REALTY GROUP, INC. License #3255322

Last Buyer's Agent

Lisa Jones

VANTAGE POINT REALTY CO. License #3191631

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,317

Year Built

  • Built in 1973

Lot Details

  • 0.68

Home Design

  • 4,856 Sq Ft Home
  • Shingle Roof
  • Block Exterior

Parking

  • Open Parking
  • Parking available for a boat

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Additional Features

  • Range
  • 0.68 Acre Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units
  • Fruitland Park 1St Add Subdivision

Building Details

  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,317

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block
  • Living Area: 4856
  • Lot Size Acres: 0.68
  • New Construction: No
  • Year Built: 1973
  • Lot Size Sq Ft: 29700
  • Directions to Property: FRUITLAND PARK TO PALMS ST, RT ON S DIXIE TO THE PROPERTY.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=S4858796&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=S4858796&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95476
  • Price per Sq Ft: 86.49
  • Close to Original List Price Ratio: 0.95476
  • View: No
  • Co List Office Mls Id: 272503185
  • Co List Office Phone: 407-933-7222
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Range, Refrigerator
  • Levels: One
  • Street Number Modifier: 601
  • Number Of Buildings: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • 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: 12069C0306E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Boat, None, Open
  • Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: R-P
  • Parcel Number: 09-19-24-120000C00200
  • Additional Parcels: No
  • Lot Dimensions: 00XOO
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 48000
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 4317
  • Tax Block: C
  • Tax Book Number: 3-13
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
12 By 12 Investments Llc
Bought by
Vs Condos Llc
Current Estimated Value
$658,931

Purchase Details

Listed on
Mar 22, 2018
Closed on
Jul 23, 2018
Sold by
Maddalena Rinaldo Nunziante and Maddalena Rinaldo
Bought by
12 By 12 Investments Llc
Seller's Agent
Dina Recio
DINA REALTY GROUP, INC.
Buyer's Agent
Lisa Jones
VANTAGE POINT REALTY CO.
List Price
$439,900
Sold Price
$420,000
Premium/Discount to List
-$19,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$336,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 5, 2006
Sold by
Nieri Matthew K and Nieri Deborah K
Bought by
Maddalena Rinaldo Nunziante and Maddalena Rinaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2004
Sold by
Iversen Arthur Peter and Iversen Lois Jean
Bought by
Nieri Matthew K and Nieri Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,500
Interest Rate
5.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 1998
Sold by
Sawyer Edward A
Bought by
Natl Tr Corp Nv Corp and Tr No 98103109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Vs Condos Llc $600,000 Brokers Title
12 By 12 Investments Llc $420,000 First International Title In
Maddalena Rinaldo Nunziante $330,000 None Available
Nieri Matthew K $294,000 Fidelity National Title Insu
Natl Tr Corp Nv Corp $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 12 By 12 Investments Llc $336,000
Previous Owner Maddalena Rinaldo Nunziante $264,000
Previous Owner Nieri Matthew K $233,500
Previous Owner Iversen Arthur Peter $173,000
Previous Owner Natl Tr Corp Nv Corp $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $420,000 -4.5% $86 / Sq Ft
06/03/2018 06/03/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $439,900 -- $91 / 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 $7,926 $427,645 $48,300 $379,345
2024 $7,926 $427,645 $48,300 $379,345
2023 $7,926 $415,185 $48,300 $366,885
2022 $7,567 $415,185 $48,300 $366,885
2021 $6,539 $310,600 $0 $0
2020 $6,943 $310,600 $0 $0
2019 $7,169 $318,116 $0 $0
2018 $4,863 $188,950 $0 $0
2017 $4,317 $170,226 $0 $0
2016 $2,903 $160,046 $0 $0
2015 $3,051 $157,118 $0 $0
2014 $3,022 $154,454 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: S4858796

Stellar MLS

APN: 09-19-24-1200-00C-00200