NOT LISTED FOR SALE

6404, 6410, 6416, 64 Odom Rd Lakeland, FL 33809

Estimated Value: $262,000 - $1,835,843

24 Beds
16 Baths
2,508 Sq Ft
$327/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $1,860,000 $742 Per Sq Ft

Current estimated payment $4,916/month

103 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Primary Bedroom
  • 8 Car Attached Garage
  • Lincoln Avenue Academy Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of July 2023

CASH COW IN LAKELAND !!! PERFECT 1031 EXCHANGE PROPERTY !!!!Nestled between the majestic oaks, well known to the Florida landscape sit four, separately deeded duplexes making up one large cash generating compound.These 4 buildings containing 8 large units are being sold as a package, with each maintaining 3 bedrooms, 2 baths and an individual attached 1 car garage with washer and dryer hookups, central A/C and Heat. separately metered with no common water. The downstairs of each unit are tastefully updated, units have an open kitchen, and modern lighting fixtures. Master bedroom and bath are located on the first floor, while the two guest bedrooms with neutral carpeting and guest bath with shower and tub are on the 2nd floor. Close by, your tenants will find plenty to do at Lake Gibson. There is room to build more buildings. Does not get any better than this when it comes to an income property opportunity.

Last Agent to Sell the Property

Scott Curtin

CHARLES RUTENBERG REALTY INC License #3285186 Listed on: 01/07/2023

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Scott Curtin

CHARLES RUTENBERG REALTY INC License #3285186 Listed on: 01/07/2023

CHARLES RUTENBERG REALTY INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,453

Year Built

  • Built in 1991

Lot Details

  • 1.34 Acre Lot
  • Lot Dimensions are 40x183

Parking

  • 8 Car Attached Garage

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,508 Sq Ft Home
  • Open Floorplan

Bedrooms and Bathrooms

  • 24 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 16 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 24-27-19-000000-033350

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • 10,032 Sq Ft Building

Building Details

  • Gross Income $177,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,453

Year Built

Built in 1991

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2508
  • Lot Size Acres: 1.34
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 10032
  • Lot Size Sq Ft: 50000
  • Directions to Property: From Markham Rd go south on ODOM RD. Group of the four duplex buildings on your right---white fence. No sign, please do not bother tenants.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • List Office Head Office Key Nume: 517273774
  • RATIO Current Price By Calculate: 741.63
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Master Bedroom Main Floor, Open Floorplan, Split Bedroom
  • Foundation Details: Slab
  • Total Bedrooms: 24
  • Levels: Two
  • Street Number Modifier: 6404, 6410, 6416, 6420
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 233.00

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 8
  • Garage Yn: Yes
  • Garage Spaces: 1
  • Garage Spaces: 1
  • Garage Spaces: 1
  • Garage Spaces: 1
  • Garage Spaces: 1
  • Garage Spaces: 1
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Individually Metered: Electric,Water

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: 24-27-19-000000-033350
  • Additional Parcels: No
  • Lot Dimensions: 40x183
  • Flood Zone Code: x
  • Lot Size Square Meters: 4645

Green Features

  • Green Verification Count: 0

Multi Family

  • Gross Income: 177600
  • Number Of Units Total: 8
  • Total Num Buildings: 4
  • Unit Count: 8

Tax Info

  • Tax Annual Amount: 3453.17
  • Tax Book Number: P-81
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2023
Sold by
Manning Holdings Llc
Bought by
Odom Rd Community Llc
Current Estimated Value
$818,961

Purchase Details

Listed on
Jan 7, 2023
Closed on
Jul 5, 2023
Sold by
Christensen Timothy
Bought by
Manning Holdings Llc
Seller's Agent
Scott Curtin
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Scott Curtin
CHARLES RUTENBERG REALTY INC
List Price
$1,995,000
Sold Price
$1,860,000
Premium/Discount to List
-$135,000
-6.77%
Views
349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.17%
Original Mortgage
$1,100,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2017
Bought by
Taylor Ronald Eugene and Taylor Sandra

Purchase Details

Closed on
Feb 4, 2002
Sold by
Taylor Ronald E
Bought by
Taylor Ronald E and Taylor Sandra L

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
7.14%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Odom Rd Community Llc $549,000 None Listed On Document
Manning Holdings Llc $1,860,000 None Listed On Document
Taylor Ronald Eugene $100 --
Taylor Ronald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manning Holdings Llc $1,100,000
Previous Owner Taylor Ronald E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $1,860,000 -6.8% $742 / Sq Ft
04/21/2023 04/21/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $1,995,000 +7.3% $795 / Sq Ft
03/17/2023 03/17/23 Off Market $1,860,000 -- --
01/30/2023 01/30/23 Price Changed $1,995,000 -6.8% $795 / Sq Ft
01/07/2023 01/07/23 For Sale $2,140,000 -- $853 / 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 $6,624 $408,192 $31,000 $178,556
2024 $3,673 $429,840 $31,000 $177,679
2023 $3,673 $220,479 $30,000 $190,479
2022 $3,453 $205,109 $25,000 $180,109
2021 $3,069 $153,611 $0 $0
2020 $2,662 $139,646 $25,000 $114,646
2018 $2,618 $135,659 $25,000 $110,659
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4555762

Stellar MLS

APN: 24-27-19-000000-033350