NOT LISTED FOR SALE

705 & 707 E Lime St Lakeland, FL 33801

Downtown Lakeland Neighborhood

Estimated Value: $241,000 - $412,000

3 Beds
2 Baths
1,546 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $265,000 $171 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,817/month

6 Days on Market

Highlights

  • No HOA
  • Rear Porch
  • Ceramic Tile Flooring
  • Lincoln Avenue Academy Rated A-
  • Screened Patio
  • 3-minute walk to Barnett Family Park

About This Home

As of October 2023

Duplex in the heart of Downtown Lakeland just steps away from Lake Morton! Huge potential. Cash Only buyers please. This unit could use updates to increase rental potential. Live in one and rent the other or potential investment opportunity. Currently rented below Market rates.

Last Agent to Sell the Property

Cassie Miller

REMAX EXPERTS Brokerage Phone: 863-802-5262 License #3040340 Listed on: 10/06/2023

REMAX EXPERTS

Last Buyer's Agent

Deb McCutcheon

PROPERTY SHOPPE OF CENTRAL FL License #3080369

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,968

Year Built

  • Built in 1925

Lot Details

  • 7,593 Sq Ft Lot
  • Lot Dimensions are 55x138
  • Fenced

Home Design

  • Duplex
  • Fixer Upper
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,546 Sq Ft Home
  • Crawl Space
  • Range<<rangeHoodToken>>

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Screened Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,767 Sq Ft Building
  • Mathis H J Add 01 Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,968

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Construction Materials: Other, Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1546
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 1767
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 7593
  • Directions to Property: Lake Morton Dr. to North on S. Indiana Ave to East on Lime. Street parking in front or Alley parking in rear.
  • Status: Sold
  • Street Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044216
  • RATIO Current Price By Calculate: 171.41
  • 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
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 705 & 707
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 143.63

Exterior Features

  • Exterior Features: Fence
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Concrete, Paved
  • Disclosures: Lead Paint
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2000-12-20
  • Flood Zone Panel: 12105C0315F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: MF-22
  • Parcel Number: 24-28-19-234500-001020
  • Additional Parcels: No
  • Lot Features: City Limits
  • Lot Dimensions: 55x138
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 705

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 1968
  • Tax Block: A
  • Tax Book Number: 2-119
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Oct 31, 2023
Sold by
New Day Dawning Llc
Bought by
Sunshine Wander Properties Llc
Seller's Agent
Cassie Miller
REMAX EXPERTS
Buyer's Agent
Deb McCutcheon
PROPERTY SHOPPE OF CENTRAL FL
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Views
23
Current Estimated Value
$299,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,167
Avg. Annual Appreciation
1.18%

Purchase Details

Closed on
Dec 7, 2016
Sold by
Magnolia Girls Inc
Bought by
Hollingsworth Hill Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.47%

Purchase Details

Closed on
Dec 1, 2016
Bought by
Hollingsworth Hill Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
3.47%

Purchase Details

Closed on
Dec 12, 2011
Sold by
Summerlin Johnson Michelle Lynne and Herrin Kimberly Jo
Bought by
Magnolia Girls Inc

Purchase Details

Closed on
Aug 9, 2010
Sold by
Baxter Renee Marie
Bought by
Summerlin Michelle Lynne and Herrin Kimberly Jo
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sunshine Wander Properties Llc $265,000 Home Solution Title
Hollingsworth Hill Realty Llc $98,000 Attorney
Hollingsworth Hill Realty Llc $98,000 --
Magnolia Girls Inc -- None Available
Summerlin Michelle Lynne -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sunshine Wander Properties Llc $250,000
Previous Owner New Day Dawning Llc $700,000
Previous Owner Hollingsworth Hill Realty Llc $73,500
Previous Owner Baye Joyceanne L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $265,000 -3.6% $171 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $275,000 -- $178 / 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
2023 $1,968 $107,067 $0 $0
2022 $1,788 $97,334 $45,000 $52,334
2021 $1,740 $91,092 $0 $0
2020 $1,579 $82,811 $25,060 $57,751
2018 $1,683 $85,593 $25,060 $60,533
Source: Public Records

Agents Affiliated with this Home

  • Cassie Miller

    Seller's Agent in 2023

    Cassie Miller

    RE/MAX

    (863) 604-7716

    4 in this area

    76 Total Sales

    Cassie Miller
    Section Image
  • Deb McCutcheon

    Buyer's Agent in 2023

    Deb McCutcheon

    PROPERTY SHOPPE OF CENTRAL FL

    (863) 640-5286

    4 in this area

    59 Total Sales

    Deb McCutcheon
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4939899

Stellar MLS

APN: 24-28-19-234500-001020

Florida Polk County Lakeland 33801 Downtown Lakeland

705 & 707 E Lime St, Lakeland, FL

This home is located at 705 & 707 E Lime St, Lakeland, FL 33801 since 06 October 2023 and is currently estimated at $299,167, approximately $193 per square foot. This property was built in 1925. 705 & 707 E Lime St is a home located in Polk County with nearby schools including Philip O'brien Elementary School, Rochelle School Of The Arts, and Combee Academy of Design & Engineering.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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