$370,000
SOLD DEC 2, 2021

7924 N Socrum Loop Rd Lakeland, FL 33809

-- Bed
-- Bath
3,613 Sq Ft
0.7 Acres

Recently Sold

$102 Per Sq Ft

7% Below List Price

3 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Lincoln Avenue Academy Rated A-
  • Shed
  • Ceiling Fan

About This Home

As of June 2022

Attention Investors!! Run the numbers on this one, you won't be disappointed! This single parcel of land, just under 3/4 of an acre, consists of three single family homes. House #1 is a block, 3 bed, 2 bath with a large bonus room, no carpet and newer a/c. House #2 is a block, 2 bed, 1 bath, with no carpet, that has been updated in the last 2 years. House #3 is a wood frame, 3 bed, 2 bath with original hardwood floors in the family & dining room and tongue & groove pine walls. Each property has it's own electric meter, their own septics, county water on one meter. In addition to the three houses, there is a good size shed with electric. All three houses need some cosmetic updates, but wouldn't take much to be rent ready. A great opportunity to pick up three single family rental houses for not much more than the price of one! For the seller's convenience, the property is sold as-is. Cash or Hard Money ONLY.

Last Agent to Sell the Property

Ray Douthit

License #3212903

Last Buyer's Agent

Dwight Head

ALLSTATE REALTY SERVICES License #683808

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1972

Parking

  • 2 Carport Spaces

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,613 Sq Ft Home
  • Ceiling Fan
  • Crawl Space

Schools

  • Padgett Elementary School
  • Lake Gibson Middle/Junio School
  • Lake Gibson High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Shed
  • 0.7 Acre Lot

Community Details

  • No Home Owners Association
  • 3 Units
  • 4,409 Sq Ft Building

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,845

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 3613
  • Lot Size Acres: 0.7
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 4409
  • Lot Size Sq Ft: 30492
  • Directions to Property: 98N to East on Marcum Rd., North on Socrum Loop Rd, Property will be on your left. No sign.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4926291?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4926291?w=Customer
  • Unit Count: 3
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92523
  • Price per Sq Ft: 102.41
  • Close to Original List Price Ratio: 0.92523
  • Ratio: Current Price\Building Area Total: 83.92
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Crawlspace, Slab
  • Levels: One
  • Street Number Modifier: 7924
  • Number Of Buildings: 3

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0165G
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Padgett Elem
  • High School: Lake Gibson High
  • Middle Or Junior School: Lake Gibson Middle/Junio

Lot Info

  • Zoning: RE-2
  • Parcel Number: 23-27-12-000000-022060
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3845
  • Tax Book Number: P-81

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 Price Changed $684,600 -3.3% $155 / Sq Ft
02/27/2025 02/27/25 Price Changed $708,000 -2.9% $161 / Sq Ft
11/21/2024 11/21/24 For Sale $728,900 +15.2% $165 / Sq Ft
06/02/2022 06/02/22 Sold $633,000 -1.6% $175 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $643,000 +73.8% $178 / Sq Ft
12/02/2021 12/02/21 Sold $370,000 -7.5% $102 / Sq Ft
11/05/2021 11/05/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $399,900 +45.4% $111 / Sq Ft
03/14/2019 03/14/19 Sold $275,000 0.0% $76 / Sq Ft
12/16/2018 12/16/18 Pending -- -- --
11/17/2018 11/17/18 For Sale $275,000 0.0% $76 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
08/04/2018 08/04/18 For Sale $275,000 -- $76 / Sq Ft
Source: Stellar MLS

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Source: Stellar MLS

MLS Number: L4926291

Stellar MLS

APN: 232712000000022060

Florida Polk County Lakeland 33809

7924 N Socrum Loop Rd, Lakeland, FL

Homes for Sale in Lakeland, FL

This home is located at 7924 N Socrum Loop Rd, Lakeland, FL 33809 and is currently priced at $370,000, approximately $102 per square foot. This property was built in 1972. 7924 N Socrum Loop Rd is a home located in Polk County with nearby schools including Lake Gibson Senior High School, Edgar L. Padgett Elementary School, and Rochelle School Of The Arts.

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