NOT LISTED FOR SALE

Estimated Value: $334,762 - $389,000

4 Beds
4 Baths
2,560 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $344,999 $135 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,293/month

6 Days on Market

Highlights

  • No HOA
  • Balcony
  • Mini Split Air Conditioners
  • Valleyview Elementary School Rated 9+
  • High Speed Internet
  • 5-minute walk to North Lake Wire Park

About This Home

As of March 2024

Are you ready for your next investment property?? Look no further than this centrally located gem in Lakeland!! This income-producing property is a perfect opportunity for investors. With 4 units, each featuring one bedroom and one bathroom, there is plenty of potential for rental income. Whether you choose to live in one unit and rent out the others or expand your real estate portfolio, this property has you covered. Each unit has its own separate meters, providing maximum privacy and convenience for tenants. The interiors of the units have recently been upgraded, boasting features such as mini-split heat/cold units, laminate floors throughout, updated kitchens, a new roof, and more. Just minutes away from downtown, shopping centers, schools, medical centers, and major highways, this property offers convenience at its best. Don't miss out on this fantastic investment opportunity. Must use ShowingTime for showings.

Last Agent to Sell the Property

Veronica Yessenia

BOSUN PROPERTIES MGN LLC License #3507326 Listed on: 02/22/2024

Last Buyer's Agent

Amy Copeland

COLDWELL BANKER REALTY License #3513250

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1930

Lot Details

  • 4,748 Sq Ft Lot
  • Lot Dimensions are 50x95

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,560 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Mini Split Air Conditioners
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2,845 Sq Ft Building
  • Ward R A Sub Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,845

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2560
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1930
  • Building Area Total: 2845
  • Lot Size Sq Ft: 4748
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: Take W Memorial Blvd, turn Left on Martin L King JR Ave, turn Right on EMMA St, the property will be to the Left, on the corner of Emma St and Texas Ave.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Lakeland
  • Escrow Postal Code: 33803
  • Escrow State: FL
  • Escrow Street Name: Florida Ave S Suite 119
  • Escrow Street Number: 1102
  • List Office Head Office Key Nume: 707223795
  • RATIO Current Price By Calculate: 134.77
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Street Number Modifier: 602
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 237.83

Exterior Features

  • Exterior Features: Balcony, Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available, Public, Water Available
  • Cooling: Mini-Split Unit(s)
  • Heating: Other
  • Laundry Features: None
  • 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

  • Zoning: RA-4
  • Parcel Number: 23-28-13-075000-008011
  • Additional Parcels: No
  • Lot Dimensions: 50x95
  • Flood Zone Code: X
  • Lot Size Square Meters: 441

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 1
  • Est Annual Market Income: 43200.00

Tax Info

  • Tax Annual Amount: 3844.82
  • Tax Block: 8
  • Tax Book Number: 3-53
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 28, 2024
Sold by
A F C International Investment Corp
Bought by
Henze-Gongola David Victor
Seller's Agent
Veronica Yessenia
BOSUN PROPERTIES MGN LLC
Buyer's Agent
Amy Copeland
COLDWELL BANKER REALTY
List Price
$344,999
Sold Price
$344,999
Views
225
Current Estimated Value
$357,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,192
Avg. Annual Appreciation
2.28%
Original Mortgage
$258,749
Outstanding Balance
$255,044
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$101,425

Purchase Details

Closed on
Mar 1, 2021
Sold by
Realpro Investment Group Llc
Bought by
A F C International Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2018
Sold by
The 602 Emma St 123 4 Land Trust
Bought by
Realpro Investments Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.6%

Purchase Details

Closed on
Aug 12, 2016
Sold by
Aratana Hajimari Llc
Bought by
Valdes Tania and The 602 Emma St #1234 Land Trust

Purchase Details

Closed on
Apr 17, 2015
Sold by
Old To Gold Properties Inc
Bought by
Eac Gp Inc

Purchase Details

Closed on
Jun 5, 2006
Sold by
Osmon Chris
Bought by
Gulftide Management Llc

Purchase Details

Closed on
May 9, 2005
Sold by
Low Stanley
Bought by
Osmon Christ

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 5, 2004
Sold by
Mesa Rene and Case #53-2004Ca-001770-0000-Lk
Bought by
Low Stanley

Purchase Details

Closed on
Dec 23, 2003
Sold by
Nance William H and Nance Martha B
Bought by
Mesa Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
5.87%

Purchase Details

Closed on
Mar 24, 1983
Sold by
Lawhon C L and Lawhon Betty Jean
Bought by
Nance William H and Nance Martha B
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
Henze-Gongola David Victor $345,000 Oakley Title Llc
A F C International Investment Corp $255,000 United Ttl Group Of Lakeland
Realpro Investments Group Llc -- Hillsborough Title Inc
Valdes Tania $35,000 Attorney
Aratana Hajimari Llc $25,000 Attorney
Eac Gp Inc $59,900 Southeast Professional Title
Old To Gold Properties Inc -- Homeplus Title
Old To Gold Properties Inc $50,000 Homeplus Title
Gulftide Management Llc $100,000 None Available
Osmon Christ $74,000 --
Low Stanley -- --
Mesa Rene $70,000 Island Title Services
Nance William H $7,714 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henze-Gongola David Victor $258,749
Previous Owner Afc International Investments $238,000
Previous Owner Realpro Investment Group Llc $200,000
Previous Owner Realpro Investments Group Llc $90,000
Previous Owner Gulftide Management Llc $80,000
Previous Owner Osmon Christ $74,000
Previous Owner Mesa Rene $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $344,999 0.0% $135 / Sq Ft
02/22/2024 02/22/24 For Sale $344,999 -- $135 / 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 $4,343 $359,040 $12,500 $179,653
2024 $3,845 $232,000 -- --
2023 $3,845 $210,909 $12,000 $198,909
2022 $3,589 $195,397 $10,000 $185,397
2021 $889 $35,301 $0 $0
2020 $612 $32,092 $10,000 $22,092
2018 $684 $34,804 $10,000 $24,804
2017 $684 $34,761 $0 $0
2016 $1,034 $51,764 $0 $0
2015 $800 $39,304 $0 $0
2014 $178 $39,301 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4942383

Stellar MLS

APN: 23-28-13-075000-008011