NOT LISTED FOR SALE

Estimated Value: $408,622 - $447,000

2 Beds
1 Bath
3,508 Sq Ft
$122/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $300,000 $86 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,781/month

140 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Balcony
  • Lincoln Avenue Academy Rated A-
  • Covered Patio or Porch
  • 4-minute walk to Barnett Family Park

About This Home

As of May 2021

HUGE PRICE REDUCTION! OWNER MOTIVATED! This Beautiful Historic Home has been turned into multiple units to accommodate the growing population that live nearby for Florida Southern College, Polk State College, and Southeastern University. It has 5 units that are already rented, each with its own Kitchen and their own bathrooms. You have to come to see this part of Lakeland's History.

Last Agent to Sell the Property

Roberto Rodriguez

EXP REALTY LLC License #3181239 Listed on: 12/04/2020

EXP REALTY LLC

Last Buyer's Agent

Robert Lindquist

SELLSTATE CENTRIC REALTY License #662498

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,108

Year Built

  • Built in 1935

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Tri-Level Property
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,508 Sq Ft Home
  • Awning
  • Crawl Space
  • Range
  • Laundry Room

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Location

  • The property is located in a historic district
  • City Lot

Schools

  • Philip O’Brien Elementary School
  • Sleepy Hill Middle School
  • Lakeland Senior High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3,870 Sq Ft Building
  • Mortons Add Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,108

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Wood Siding
  • Fireplace: No
  • Living Area: 3508
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1935
  • Building Area Total: 3870
  • Lot Size Sq Ft: 6970
  • Directions to Property: Take I-4 W and Kathleen Rd to W Lime St, Turn left onto W Lime St, Destination will be on the left.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3278369?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3278369?w=Customer
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.81103
  • Price per Sq Ft: 85.52
  • Close to Original List Price Ratio: 0.66815
  • Ratio: Current Price\Building Area Total: 77.52
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Levels: Three Or More
  • Street Number Modifier: 726
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Awning(s), Balcony, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Public, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Philip O’Brien Elementary
  • High School: Lakeland Senior High
  • Middle Or Junior School: Sleepy Hill Middle

Lot Info

  • Zoning: MF-22
  • Parcel Number: 24-28-18-205000-023252
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot, Sidewalk
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 2107.88
  • Tax Book Number: Q-79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
May 28, 2021
Sold by
Cottages At Lake Morton Llc
Bought by
Citrus Orchard Llc
Seller's Agent
Roberto Rodriguez
EXP REALTY LLC
Buyer's Agent
Robert Lindquist
SELLSTATE CENTRIC REALTY
List Price
$369,900
Sold Price
$300,000
Premium/Discount to List
-$69,900
-18.9%
Current Estimated Value
$430,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,733
Avg. Annual Appreciation
9.91%

Purchase Details

Closed on
Apr 22, 2016
Sold by
Hill Josie R and Zinninger Josie R
Bought by
Cottages At Lake Morton Llc

Purchase Details

Closed on
Feb 28, 2011
Sold by
Zinninger Timothy Scott
Bought by
Zinninger Josie R

Purchase Details

Closed on
Oct 25, 1999
Sold by
Doehring Nancy M
Bought by
Zinninger Josie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,014
Interest Rate
7.91%
Mortgage Type
Credit Line Revolving
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
Citrus Orchard Llc $300,000 Advantage Title Services Inc
Cottages At Lake Morton Llc $187,000 Advantage Title Services Inc
Zinninger Josie R -- Attorney
Zinninger Josie R $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zinninger Josie R $70,014
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $300,000 -18.9% $86 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $369,900 0.0% $105 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/10/2021 03/10/21 Price Changed $369,900 -17.6% $105 / Sq Ft
02/22/2021 02/22/21 For Sale $449,000 0.0% $128 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
11/30/2020 11/30/20 For Sale $449,000 -- $128 / 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 $5,066 $277,916 $42,000 $235,916
2022 $4,682 $254,867 $35,000 $219,867
2021 $2,756 $121,617 $0 $0
2020 $2,108 $110,561 $20,000 $90,561
2018 $2,324 $118,147 $20,000 $98,147
2017 $2,256 $114,676 $0 $0
2016 $1,383 $69,220 $0 $0
2015 $1,353 $66,498 $0 $0
2014 $1,246 $66,179 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3278369

Stellar MLS

APN: 24-28-18-205000-023252