NOT LISTED FOR SALE

7660 & 7702 Chsae Rd Lakeland, FL 33810

Estimated Value: $281,000 - $357,000

2 Beds
2 Baths
3,536 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $675,000 $191 Per Sq Ft

Current estimated payment $2,013/month

28 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Central Heating and Cooling System
  • Lincoln Avenue Academy Rated A-
  • Inside Utility

About This Home

As of July 2023

Welcome to 7702 and 7660 Chase Rd, Lakeland FL 33810, an exceptional income-producing quadplex offering the perfect opportunity for savvy investors. This well-maintained property features four individual units, each boasting 2 bedrooms and 2 full bathrooms, ensuring comfortable and convenient living for tenants. This quadplex is a promising addition to any real estate portfolio, situated in a desirable location.

As you step into each unit, you'll immediately notice the attention to detail and quality craftsmanship throughout. The tile floors exude a sense of elegance while offering durability and easy maintenance. The kitchens, designed with a modern and open concept, are adorned with stunning granite countertops, adding a touch of luxury to the space. These well-appointed kitchens provide ample space for culinary endeavors and create a seamless flow into the living areas, ideal for entertaining guests or enjoying quality time with loved ones.

One of the highlights of each unit is the inclusion of a private laundry room, providing convenience and eliminating the need for shared laundry facilities. This thoughtful feature enhances the overall comfort and autonomy for tenants, setting this quadplex apart from others in the area.

The exterior of the property is equally impressive, with a well-maintained landscape and a welcoming curb appeal. Each unit has its own separate entrance, offering privacy and a sense of individuality. Ample parking space is available for residents and their guests, ensuring hassle-free parking at all times.

Located in Lakeland FL, this quadplex benefits from its proximity to various amenities, including shopping centers, restaurants, parks, and entertainment options. Commuting is made easy with convenient access to major highways and transportation routes, providing easy connectivity to other parts of the city.

Investors seeking a reliable and income-generating property will find immense potential in 7702 and 7660 Chase Rd. With its attractive features such as tile floors, granite countertops, open-concept kitchens, and private laundry rooms, this quadplex offers a remarkable opportunity to capitalize on the thriving rental market. Don't miss out on this exceptional investment property that promises both comfort and financial rewards. Schedule a showing today and envision the potential that awaits you!

Last Agent to Sell the Property

Brock Jennings

THE MARKET REALTY COMPANY License #3509659 Listed on: 06/01/2023

Last Buyer's Agent

Louis McGrath

MCGRATH POPPELL & CO., INC. License #687181

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1981

Lot Details

  • 0.56 Acre Lot
  • Additional Parcels

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,536 Sq Ft Home
  • Open Floorplan
  • Inside Utility
  • Range

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Quail Trail Subdivision

Building Details

  • Gross Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,295

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3536
  • Lot Size Acres: 0.56
  • New Construction: No
  • Year Built: 1981
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 24393
  • Number Of Lots: 2
  • Tenant Pays: Electricity
  • Directions to Property: From i4, head north on hwy 98. Turn left onto Ritter Rd. Turn left onto Chase road. Properties will be on your right.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Winter Haven
  • Escrow State: FL
  • Escrow Street Name: Ave K SE
  • Escrow Street Number: 203
  • List Office Head Office Key Nume: 556191255
  • RATIO Current Price By Calculate: 190.89
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 7660 & 7702
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 328.51

Exterior Features

  • Exterior Features: Other
  • 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

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • 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

  • Parcel Number: 23-27-14-000940-000240
  • Additional Parcels Description: 23-27-14-000940-000250
  • Additional Parcels: Yes
  • Lot Features: Paved
  • Flood Zone Code: X
  • Lot Size Square Meters: 2266

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 4850
  • Terms Of Lease: Gross Lease

Multi Family

  • Gross Income: 58200
  • Number Of Units Total: 2
  • Total Num Buildings: 2
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 5295
  • Tax Book Number: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Aug 14, 2023
Sold by
Karlson Shane and Karlson Tara
Bought by
Jaydon Development Llc
Seller's Agent
Brock Jennings
THE MARKET REALTY COMPANY
Buyer's Agent
Louis McGrath
MCGRATH POPPELL & CO., INC.
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
228
Current Estimated Value
$323,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$351,437
Avg. Annual Appreciation
-28.12%

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 18, 2023
Sold by
Mccollum Robert R and Mccollum Laura A
Bought by
Karlson Shane and Karlson Tara
Seller's Agent
Brock Jennings
THE MARKET REALTY COMPANY
Buyer's Agent
Louis McGrath
MCGRATH POPPELL & CO., INC.
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
228

Purchase Details

Closed on
Sep 26, 2014
Sold by
Zaka Syed and Syed Linda
Bought by
Mccollum Robert R and Mccollum Laura A

Purchase Details

Closed on
Sep 30, 2013
Sold by
Champion Milton F and Champion Jeanne
Bought by
Syed Zaka and Syed Linda

Purchase Details

Closed on
Jan 20, 2012
Sold by
Chordas Ewell Joyce and The Joyce Chordas Ewell Trust
Bought by
Champion Milton F and Champion Jeanne

Purchase Details

Closed on
Apr 12, 2007
Sold by
Chordas Ewell Joyce
Bought by
The Joyce Chordas Ewell Trust
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
Jaydon Development Llc $100 None Listed On Document
Karlson Shane $337,500 Executive Title Of Central Flo
Mccollum Robert R $102,500 Attorney
Syed Zaka $95,000 Homeplus Title Partners Llc
Champion Milton F $70,000 Home Solution Title Inc
The Joyce Chordas Ewell Trust -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $675,000 -3.4% $191 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $699,000 0.0% $198 / Sq Ft
06/18/2023 06/18/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $699,000 -- $198 / 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 $3,165 $265,200 $18,500 $126,415
2024 $1,996 $263,232 $18,500 $124,962
2023 $1,996 $129,993 $0 $0
2022 $2,435 $118,175 $0 $0
2021 $2,367 $107,432 $0 $0
2020 $2,076 $97,665 $15,000 $82,665
2018 $2,065 $97,692 $15,000 $82,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4937524

Stellar MLS

APN: 23-27-14-000940-000240