605 W 3rd St Lakeland, FL 33805
Paul A Diggs NeighborhoodEstimated Value: $82,000 - $163,000
3
Beds
1
Bath
806
Sq Ft
$167/Sq Ft
Est. Value
Highlights
- No HOA
- Mature Landscaping
- Screened Patio
- Lincoln Avenue Academy Rated A-
- Front Porch
- 3-minute walk to 5th & Kettles Kids Park
About This Home
As of February 2020***Investor alert***Cash only***This property is a turn-key asset offering a 17.4% Annual Gross yield! It is already under management with a reputable management company. The tenants lease will expire at the end of May, they are paying $725 currently. Property needs a little TLC as it is an older house but where can you find a turnkey rental property today under $50k in Polk County?! Get this one before it's gone!
Last Agent to Sell the Property
KELLER WILLIAMS REALTY SMART License #3397665 Listed on: 01/16/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $371
Year Built
- Built in 1940
Lot Details
- 5,001 Sq Ft Lot
- Lot Dimensions are 50x100
- South Facing Home
- Mature Landscaping
- Landscaped with Trees
- Land Lease expires 5/31/20
- Property is zoned RA-4
Home Design
- Shingle Roof
- Siding
Interior Spaces
- 806 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Crawl Space
- Range
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Screened Patio
- Exterior Lighting
- Front Porch
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Lincoln Park Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Legal Lot and Block 11 / C
- Assessor Parcel Number 23-28-12-055000-003110
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2020
Closed on
Jan 31, 2020
Sold by
Parker Joan
Bought by
Kovach Holdings Llc
Seller's Agent
Robert Sanders
KELLER WILLIAMS REALTY SMART
Buyer's Agent
Avi Werdeshaim
CENTURY 21 CIRCLE
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,976
Avg. Annual Appreciation
23.63%
Purchase Details
Closed on
Jul 15, 2008
Sold by
Lasalle Bank Na
Bought by
Parker Richard
Purchase Details
Closed on
Oct 2, 2007
Sold by
Forbes Brown Ilatdreca Tameca
Bought by
Lasalle Bank Na and Mlmi Trust Series 2006-He3
Purchase Details
Closed on
Dec 30, 2005
Sold by
Fields David
Bought by
Brown Sheppard A and Forbes Brown Hatdreca Tameca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,155
Interest Rate
10.62%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 25, 2005
Sold by
Edwards Hattie Lee and Edwards George
Bought by
Fields David
Purchase Details
Closed on
Jul 24, 2002
Sold by
Edwards Hattie L
Bought by
Edwards Hattie L and Edwards George
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kovach Holdings Llc | $40,000 | Affinity Ttl Svcs Of Fl Llc | |
| Parker Richard | $29,900 | Attorney | |
| Lasalle Bank Na | -- | None Available | |
| Brown Sheppard A | $74,900 | None Available | |
| Fields David | $22,300 | -- | |
| Edwards Hattie L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Forbes Brown Hatcheca | $20,000 | |
| Previous Owner | Brown Sheppard A | $71,155 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2020 02/04/20 | Sold | $40,000 | -19.8% | $50 / Sq Ft |
| 01/20/2020 01/20/20 | Pending | -- | -- | -- |
| 01/16/2020 01/16/20 | For Sale | $49,900 | -- | $62 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $952 | $42,106 | $0 | $0 |
| 2022 | $838 | $38,278 | $0 | $0 |
| 2021 | $658 | $34,798 | $7,001 | $27,797 |
| 2020 | $559 | $29,615 | $5,751 | $23,864 |
| 2018 | $371 | $19,418 | $5,501 | $13,917 |
| 2017 | $337 | $16,919 | $0 | $0 |
| 2016 | $312 | $15,381 | $0 | $0 |
| 2015 | $285 | $13,983 | $0 | $0 |
| 2014 | $239 | $12,712 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Sanders
R
Seller's Agent in 2020
Robert Sanders
KELLER WILLIAMS REALTY SMART
(863) 712-3023
72 Total Sales
-
Avi Werdeshaim
A
Buyer's Agent in 2020
Avi Werdeshaim
CENTURY 21 CIRCLE
(813) 330-9569
25 Total Sales
Map
Source: Stellar MLS
MLS Number: L4913302
APN: 23-28-12-055000-003110
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