Seller's Agent in 2023
Nicole Watts
WATTS FAMILY BROKERS LLC
(863) 412-1039
4 in this area
89 Total Sales
835 S Char Mil Ave Lake Alfred, FL 33850
Estimated Value: $326,000 - $402,000
2
Beds
1
Bath
2,000
Sq Ft
$181/Sq Ft
Est. Value
Highlights
- No HOA
- Covered Patio or Porch
- Central Heating and Cooling System
- Frank E. Brigham Academy Rated 9+
- Ceramic Tile Flooring
- Combination Dining and Living Room
About This Home
As of June 2023ATTENTION INVESTORS : LETS TURN SOME CASH INTO CASH FLOW !!!! Block Duplex (2 apartments) 100% occupied!! (Both apartments are 2/1). 1031 TAX EXCHANGE friendly seller!!! Please bring all offers, seller likes to negotiate! Both apartments have separate electric meters and separate water meters (tenants pay all utilities including electric, water, trash and sewer). Unit A rented for $750.00 & Unit B rented for $750.00 that's a total of $1500.00 per month X 12 months generates a Gross yearly income of $18,000. Located in the Charming heart of Lake Alfred near everything. . Close to Home Depot, Lowe's , Walmart , Publix , Doctor Offices , Theme Parks ,and other major stores. Call or text to schedule a showing today. Don’t forget to ask about the month to month agreement for existing tenants . This property has room for HIGHER return rates this rent was established and has not increased to average rate of rentals in years. Room to improve for investors should they desire to increase the rates. Want to own a VRBO ? a income property look no further
Buyers must verify all info
Last Agent to Sell the Property
WATTS FAMILY BROKERS LLC License #3268803 Listed on: 03/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,170
Year Built
- Built in 1983
Lot Details
- 10,476 Sq Ft Lot
- Lot Dimensions are 83x125
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- Split Bedroom Floorplan
- 2,000 Sq Ft Home
- Combination Dining and Living Room
- Walk-Up Access
- Range
- Laundry in unit
Flooring
- Linoleum
- Ceramic Tile
Parking
- Driveway
- On-Street Parking
Outdoor Features
- Covered Patio or Porch
Schools
- Lake Alfred Elementary School
- Stambaugh Middle School
- Auburndale High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity, sewer, trash collection, water
- Tax Lot 2
- Assessor Parcel Number 26-28-05-526010-000020
Community Details
Overview
- No Home Owners Association
- 2,156 Sq Ft Building
- Char Mil Sub Subdivision
Pet Policy
- Pets Allowed
Building Details
- Gross Income $18,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2023
Closed on
Jun 5, 2023
Sold by
Orourke Timothy J and Orourke Lydia E
Bought by
Camille Johnny and Alexis Ermide Camille
Seller's Agent
Nicole Watts
WATTS FAMILY BROKERS LLC
Buyer's Agent
Derrice Pankey-Efre
ROBERT SLACK LLC
List Price
$374,900
Sold Price
$365,000
Premium/Discount to List
-$9,900
-2.64%
Views
324
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,958
Avg. Annual Appreciation
-0.46%
Original Mortgage
$273,750
Outstanding Balance
$266,483
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$94,559
Purchase Details
Closed on
Apr 9, 2008
Sold by
County Of Polk
Bought by
Orourke Timothy J and Orourke Lydia E
Purchase Details
Closed on
Jul 31, 2007
Sold by
Kiddy Charles E and Kiddy Ella M
Bought by
Orourke Timothy J and Orourke Lydia E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
6.56%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Camille Johnny | $365,000 | Integrity First Title | |
| Orourke Timothy J | -- | None Available | |
| Orourke Timothy J | $167,300 | Sunbelt Title Agency |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Camille Johnny | $273,750 | |
| Previous Owner | Orourke Timothy J | $133,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2023 06/05/23 | Sold | $365,000 | -0.8% | $183 / Sq Ft |
| 05/16/2023 05/16/23 | Pending | -- | -- | -- |
| 04/24/2023 04/24/23 | Price Changed | $367,900 | -0.5% | $184 / Sq Ft |
| 04/09/2023 04/09/23 | Price Changed | $369,900 | -1.1% | $185 / Sq Ft |
| 04/05/2023 04/05/23 | Price Changed | $373,900 | -0.3% | $187 / Sq Ft |
| 03/24/2023 03/24/23 | For Sale | $374,900 | -- | $187 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $4,391 | $244,800 | $18,500 | $112,881 |
| 2024 | $2,642 | $228,480 | $18,500 | $112,329 |
| 2023 | $2,642 | $110,816 | $0 | $0 |
| 2022 | $2,170 | $100,742 | $0 | $0 |
| 2021 | $2,064 | $91,584 | $0 | $0 |
| 2020 | $1,728 | $83,258 | $10,000 | $73,258 |
| 2018 | $1,616 | $75,646 | $10,000 | $65,646 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Watts
-
Sherry Guinn
Seller Co-Listing Agent in 2023
Sherry Guinn
WATTS FAMILY BROKERS LLC
(863) 412-8830
1 in this area
12 Total Sales
-
Derrice Pankey-Efre
Buyer's Agent in 2023
Derrice Pankey-Efre
ROBERT SLACK LLC
(407) 473-2196
1 in this area
72 Total Sales
Map
Source: Stellar MLS
MLS Number: P4925038
APN: 26-28-05-526010-000020
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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