NOT LISTED FOR SALE
-- Bed
-- Bath
5,054 Sq Ft
0.4 Acre Lot

Sale Details

Date Sold: September 28, 2018

Last sale price $548,000 $108 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • No HOA

About This Home

As of September 2018

Charming apartment complex (909) plus duplex (911) near the beach and beautiful downtown Clearwater. Two buildings, eight units total. Here is your opportunity to purchase an income producing 6 unit apartment building and adjacent duplex. There are three 1 bedroom units, two studios, two 2 bedroom units and one 1 bedroom plus den. 100% occupied, 7.5 cap rate. See attached financials. DO NOT DISTURB TENANTS PLEASE.

Last Agent to Sell the Property

Liane Jamason

CORCORAN DWELLINGS License #3194803 Listed on: 08/29/2018

CORCORAN DWELLINGS

Last Buyer's Agent

Corry Prohens

HOME LOCATORS INC. License #3412504

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,195

Year Built

  • Built in 1925

Lot Details

  • 17,569 Sq Ft Lot
  • Lot Dimensions are 100x350
  • Additional Parcels

Parking

  • Assigned Parking

Home Design

  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 5,054 Sq Ft Home
  • Wood Flooring
  • Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • 5,054 Sq Ft Building
  • Magnolia Park Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $71,076

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,195

Year Built

Built in 1925

Lot Details

0.4 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 5054
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 5054
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 17569
  • Number Of Lots: 2
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8016022&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8016022&cview=true&show_results=true&customer_portal=true
  • Unit Count: 8
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96309
  • Price per Sq Ft: 108.43
  • Close to Original List Price Ratio: 0.96309
  • Ratio: Current Price\Building Area Total: 108.43
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Appliances Included: Dryer, Range, Refrigerator, Washer
  • Levels: Two
  • Number Of Buildings: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12103C0108H

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Water Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: No

Lot Info

  • Parcel Number: 15-29-15-54450-024-0050
  • Additional Parcels: Yes
  • Lot Dimensions: 100x350
  • Flood Zone Code: X
  • Flood Zone Date: 2005-05-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 5923

Multi Family

  • Gross Income: 71076
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 6195
  • Tax Block: 24
  • Tax Book Number: 3-43
  • Tax Lot: 5

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,933
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2018
Closed on
Sep 28, 2018
Sold by
Bought by
Seller's Agent
Liane Jamason
CORCORAN DWELLINGS
Buyer's Agent
Corry Prohens
HOME LOCATORS INC.
List Price
$569,000
Sold Price
$548,000
Premium/Discount to List
-$21,000
-3.69%

Purchase Details

Closed on
Jun 1, 2016
Bought by

Purchase Details

Closed on
May 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,250
Interest Rate
0.0644%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,406
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2002
Sold by
Bought by
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$618,500 Attorney
$548,000 Luxe Title Services
$457,500 --
$553,000 Attorney
-- --
$487,500 --
$190,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $432,933
Previous Owner $456,250
Previous Owner $364,406
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $548,000 -3.7% $108 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $569,000 -- $113 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,014 $600,000 $242,933 $357,067
2024 $10,987 $650,000 $288,491 $361,509
2023 $10,987 $570,000 $238,798 $331,202
2022 $10,084 $520,000 $222,713 $297,287
2021 $5,693 $288,700 $0 $0
2020 $5,171 $251,188 $0 $0
2019 $5,480 $264,000 $97,574 $166,426
2018 $5,020 $240,000 $0 $0
2017 $4,716 $231,000 $0 $0
2016 $3,730 $180,000 $0 $0
2015 $3,684 $174,000 $0 $0
2014 $3,396 $160,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8016022

Stellar MLS
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