NOT LISTED FOR SALE

724 W Central Ave Winter Haven, FL 33880

Downtown Winter Haven Neighborhood

Estimated Value: $387,000 - $621,000

5 Beds
4 Baths
3,015 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 30, 2023

Last sale price $575,000 $191 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,335/month

19 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 5-minute walk to Central Park
  • Frank E. Brigham Academy Rated 9+

About This Home

As of October 2023

ATTENTION INVESTORS: Take a look at this opportunity to own a turn-key investment property that throws off more than $58,000/YEAR in passive income! 5 rental units, 100% OCCUPIED, more than $4800/month in income!

Last Agent to Sell the Property

Tim Trimbath

ALL COUNTY POLK PROPERTY MANAG Brokerage Phone: 863-510-5965 License #3300848 Listed on: 08/22/2023

Last Buyer's Agent

Miraya Lane

KELLER WILLIAMS ADVANTAGE III License #3455140

KELLER WILLIAMS ADVANTAGE III

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,291

Year Built

  • Built in 1930

Lot Details

  • 8,943 Sq Ft Lot
  • Lot Dimensions are 70x128

Home Design

  • 3,015 Sq Ft Home
  • Wood Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 5 Units
  • Lake Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 4
  • Assessor Parcel Number 26-28-29-632000-004050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,291

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 3015
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1930
  • Lot Size Sq Ft: 8943
  • Directions to Property: Take 17, turn right onto W Central Ave
  • Status: Sold
  • Street Direction: W
  • Ownership: Fee Simple
  • Escrow City: Lakeland
  • Escrow Postal Code: 33801
  • Escrow State: FL
  • Escrow Street Name: S Florida Ave
  • Escrow Street Number: 801
  • List Office Head Office Key Nume: 1044248
  • RATIO Current Price By Calculate: 190.71
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Other
  • Total Bedrooms: 5
  • Street Number Modifier: 724
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 280.10

Exterior Features

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

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • 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: RP
  • Parcel Number: 26-28-29-632000-004050
  • Additional Parcels: No
  • Lot Dimensions: 70x128
  • Flood Zone Code: x
  • Lot Size Square Meters: 831

Multi Family

  • Number Of Units Total: 5
  • Total Num Buildings: 2
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 1290.77
  • Tax Block: 4
  • Tax Book Number: Q-529
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2023
Closed on
Oct 30, 2023
Sold by
Cromwell John B
Bought by
Gillam Lance Michael
Seller's Agent
Tim Trimbath
ALL COUNTY POLK PROPERTY MANAG
Buyer's Agent
Miraya Lane
KELLER WILLIAMS ADVANTAGE III
List Price
$579,900
Sold Price
$575,000
Premium/Discount to List
-$4,900
-0.84%
Views
27
Current Estimated Value
$588,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,671
Avg. Annual Appreciation
1.95%
Original Mortgage
$431,250
Outstanding Balance
$425,176
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$169,979

Purchase Details

Closed on
Apr 18, 2017
Sold by
Cromwell John B and Cromwell John B
Bought by
Cromwell John B

Purchase Details

Closed on
Apr 1, 2017
Bought by
Cromwell John B

Purchase Details

Listed on
Feb 5, 2014
Closed on
Jun 17, 2014
Sold by
Thiron Thome Lisbet A
Bought by
Cromwell John B
Seller's Agent
Scott Kline
KLINE REAL ESTATE SERVICES
Buyer's Agent
Lynn Threlkeld
List Price
$99,000
Sold Price
$96,500
Premium/Discount to List
-$2,500
-2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.71%

Purchase Details

Closed on
May 12, 2008
Sold by
Thome Richard and Thome Muriel
Bought by
Thiron Thome Lisbet A

Purchase Details

Closed on
Feb 28, 2007
Sold by
Thiron Thome Lisbet
Bought by
Thiron Thome Lisbet and Thome Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.19%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 27, 2005
Sold by
Hanger Allen and Hanger Dennis
Bought by
Thiron Thome Lisbet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,125
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 1997
Sold by
Co-Tr Edna J Thomas and Co-Tr Jarman F Lowder
Bought by
Hanger Allen and Hanger Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
7.38%
Mortgage Type
Commercial
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
Gillam Lance Michael $575,000 Equity Title
Cromwell John B -- Attorney
Cromwell John B $100 --
Cromwell John B $96,500 Executive Title
Thiron Thome Lisbet A -- None Available
Thiron Thome Lisbet -- Attorney
Thiron Thome Lisbet $141,500 Commonwealth Title
Hanger Allen $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillam Lance Michael $431,250
Previous Owner Thiron Thome Lisbett $25,000
Previous Owner Thiron Thorne Lisbet $106,125
Previous Owner Hanger Allen $47,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2023 10/30/23 Sold $575,000 -0.8% $191 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
08/22/2023 08/22/23 For Sale $579,900 +500.9% $192 / Sq Ft
06/17/2014 06/17/14 Sold $96,500 -2.5% $39 / Sq Ft
02/05/2014 02/05/14 For Sale $99,000 -- $40 / 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 $1,346 $69,891 $18,000 $51,891
2022 $1,291 $66,140 $0 $0
2021 $1,213 $60,127 $15,000 $45,127
2020 $1,688 $83,145 $21,250 $61,895
2019 $1,816 $87,576 $21,250 $66,326
2018 $1,847 $88,332 $21,250 $67,082
2017 $1,711 $86,347 $0 $0
2016 $1,648 $81,773 $0 $0
2015 $1,571 $76,500 $0 $0
2014 $1,067 $53,649 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tim Trimbath

    ALL COUNTY POLK PROPERTY MANAG

    (863) 944-1519

    4 in this area

    56 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Miraya Lane

    KELLER WILLIAMS ADVANTAGE III

    (407) 969-5204

    1 in this area

    55 Total Sales

    Section Image
  • Scott Kline

    Seller's Agent in 2014

    Scott Kline

    KLINE REAL ESTATE SERVICES

    (863) 287-0204

    7 in this area

    110 Total Sales

    Section Image

  • L

    Buyer's Agent in 2014

    Lynn Threlkeld

See All Agents

Map

Source: Stellar MLS

MLS Number: L4939056

Stellar MLS

APN: 26-28-29-632000-004050

Florida Polk County Winter Haven 33880 Downtown Winter Haven

724 W Central Ave, Winter Haven, FL

This home is located at 724 W Central Ave, Winter Haven, FL 33880 since 22 August 2023 and is currently estimated at $528,022, approximately $175 per square foot. This property was built in 1930. 724 W Central Ave is a home located in Polk County with nearby schools including Lake Shipp Elementary School, Jewett School of the Arts, and Frank E. Brigham Academy.

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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