NOT LISTED FOR SALE

848 Fox Lake Dr Lakeland, FL 33809

Estimated Value: $443,000 - $508,000

6 Beds
6 Baths
2,919 Sq Ft
$160/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $481,000 $165 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,987/month

1 Day on Market

Highlights

  • No HOA
  • 3 Car Attached Garage
  • Central Heating and Cooling System
  • Lincoln Avenue Academy Rated A-
  • Laundry Room
  • Combination Dining and Living Room

About This Home

As of May 2024

Multiple offer situation. Please submit highest and best by Sunday at 8pm. Seller will make a decision by Monday at 9am. Fully occupied triplex with new roof in 2023. Triplex features 3 identical units, each unit has two bedrooms, two bathrooms, full kitchen with fridge, stove and dishwasher, inside laundry room, attached one car garage, and privately fenced backyard. There is also no HOA. Each unit has their own metered water and electricity. Unit 848 is currently rented at $1450 with a lease end date of 1/31/2025, Unit 848 has new interior paint as of 2024, has laminate in bedrooms and tile in living area. Unit 850 is currently rented at $1295 with lease end date of 11/30/2024. New HVAC in 2023, tile throughout home. Unit 852 is currently rented at $1450 with lease end date of 12/31/2024. New HVAC in 2020. Tile floors throughout home.

Last Agent to Sell the Property

Sharon Billups

SKYELINE REALTY LLC Brokerage Phone: 863-409-4701 License #3256990 Listed on: 04/26/2024

Last Buyer's Agent

Steven Horner

RE/MAX PRIME PROPERTIES License #3262014

RE/MAX PRIME PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,093

Year Built

  • Built in 2006

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 83x132
  • Fenced

Parking

  • 3 Car Attached Garage

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,919 Sq Ft Home
  • Combination Dining and Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Schools

  • R. Clem Churchwell Elementary School
  • Lake Gibson Middle/Junio School
  • Lake Gibson High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • 3 Units
  • Fox Lakes Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,093

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2919
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 2006
  • Lot Size Sq Ft: 11025
  • Tenant Pays: Electricity, Water
  • Directions to Property: From 98N, turn east onto Fox Lake Drive, triplex is on the right just after the first curve.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 197068753
  • RATIO Current Price By Calculate: 164.78
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 863-409-4701
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Living Room/Dining Room Combo
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Street Number Modifier: 848
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 271.18

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • 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

Schools

  • Elementary School: R. Clem Churchwell Elem
  • High School: Lake Gibson High
  • Middle Or Junior School: Lake Gibson Middle/Junio

Lot Info

  • Parcel Number: 23-27-13-000931-000830
  • Additional Parcels: No
  • Lot Dimensions: 83x132
  • Flood Zone Code: X
  • Lot Size Square Meters: 1024

Green Features

  • Green Verification Count: 0

Rental Info

  • Terms Of Lease: Gross Lease

Multi Family

  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 5092.82
  • Tax Book Number: 72-49
  • Tax Lot: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
May 17, 2024
Sold by
Becker John D and Becker Heather Skye
Bought by
Parekh Tejas and Bhodia Shradha
Seller's Agent
Sharon Billups
SKYELINE REALTY LLC
Buyer's Agent
Steven Horner
RE/MAX PRIME PROPERTIES
List Price
$469,000
Sold Price
$481,000
Premium/Discount to List
$12,000
2.56%
Views
28
Current Estimated Value
$465,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,231
Avg. Annual Appreciation
-2.46%
Original Mortgage
$360,750
Outstanding Balance
$356,277
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$109,492

Purchase Details

Closed on
Jan 18, 2013
Sold by
Huntley Wendy J and Huntley Barry J
Bought by
Becker John D and Becker Heather Skye

Purchase Details

Closed on
Mar 23, 2011
Sold by
Gmac Mortgage Llc
Bought by
Huntley Wendy J and Huntley Barry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
4.95%

Purchase Details

Closed on
Aug 10, 2010
Sold by
Nelson William F and Case #53-2008-Ca-007261
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jan 26, 2007
Sold by
Powers James B
Bought by
Nelson William F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,592
Interest Rate
7.87%

Purchase Details

Closed on
May 12, 2006
Sold by
Continuum Development
Bought by
Powers James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,800
Interest Rate
6.44%

Purchase Details

Closed on
Nov 18, 2005
Sold by
Continuum Development
Bought by
Hu Ying and Cheng Guiwen

Purchase Details

Closed on
Nov 16, 2005
Sold by
Equity One Inc
Bought by
Continum Development Inc

Purchase Details

Closed on
Jul 19, 2005
Sold by
Lewis Sandra Dee and Lewis Sandra D
Bought by
Equity One Inc and Equity One Financial

Purchase Details

Closed on
Nov 8, 2001
Sold by
Mincer Gary P and Mincer Diana M
Bought by
Lewis Sandra D

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
6.67%
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
Parekh Tejas $481,000 Golden Rule Title
Parekh Tejas $481,000 Golden Rule Title
Becker John D $145,000 North American Title Company
Huntley Wendy J $104,000 Attorney
Gmac Mortgage Llc -- Attorney
Nelson William F $302,900 Advantage Title Services Inc
Powers James B $35,000 Independent Title Agency Llc
Continuum Development -- Independent Title Agency Llc
Hu Ying $33,000 Independent Title Agency Llc
Continum Development Inc $24,000 --
Equity One Inc -- --
Lewis Sandra D $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parekh Tejas $360,750
Closed Parekh Tejas $360,750
Previous Owner Huntley Wendy J $78,000
Previous Owner Nelson William F $272,592
Previous Owner Powers James B $244,800
Previous Owner Lewis Sandra D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $481,000 +2.6% $165 / Sq Ft
04/28/2024 04/28/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $469,000 0.0% $161 / Sq Ft
01/19/2024 01/19/24 Rented $1,450 0.0% --
01/06/2024 01/06/24 For Rent $1,450 +65.7% --
11/01/2019 11/01/19 Rented $875 0.0% --
10/08/2019 10/08/19 Under Contract -- -- --
10/03/2019 10/03/19 For Rent $875 -- --
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 $6,061 $397,800 $18,500 $225,509
2024 $5,093 $288,393 -- --
2023 $5,093 $262,175 $0 $0
2022 $4,266 $238,341 $0 $0
2021 $4,122 $216,674 $15,000 $201,674
2020 $3,861 $199,999 $20,000 $179,999
2018 $3,693 $191,518 $20,000 $171,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4944314

Stellar MLS

APN: 23-27-13-000931-000830