NOT LISTED FOR SALE

949 SE Reva Place Lake City, FL 32025

Estimated Value: $125,000 - $334,000

2 Beds
1 Bath
-- Sq Ft
0.32 Acres

Last Sold May 19, 2023

Last sale price $146,600

Est. 34% increase in value since last sale

Current estimated payment $1,285/month

122 Days on Market

Highlights

  • No HOA
  • Open Patio
  • Utility Room
  • Front Porch
  • Central Heating and Cooling System

About This Home

As of May 2023

Great Investment Opportunity! Duplex with consistent rental record and storage room. Close to town. One tenant has been there for years. Units currently rented for $700 and $1100 a month. Storage area could possible be an efficiency apartment. Showings must be accompanied by an agent.

Last Agent to Sell the Property

Leigh Ann Mills

NextHome Gateway Realty License #3020308 Listed on: 02/26/2023

NextHome Gateway Realty

Last Buyer's Agent

NonMLS NON MLS

NORTH FLORIDA M.L.S., INC License #00

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1950

Lot Details

  • 0.32 Acre Lot

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 2-Story Property
  • Aluminum Window Frames
  • Utility Room

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Open Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Reva Place Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,322

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Second Address Number: 949
  • Association Special Assessment: No
  • Directions: Head East on W Duval Street toward Victory Way (1.5 mi), turn R onto SE Murray Terrace (344 ft), turn L onto SE Reva Place, destination will be on left
  • Homestead Year: No
  • Latitude Of Property: 30.188494
  • Listing Number String: 118501
  • Longitude Of Property: -82.622828
  • Prop. Type: Duplex
  • Sale Agent Code: NONMLS
  • Sale Office Code: NMLS
  • Stage Construction: Existing Resale
  • Type Utility: Room, In House
  • Actual Year Built: 1950
  • Dwellings Owned Number Of: 1
  • Num Spaces Mobile Home: 2
  • Restrictions: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Design: Two Story
  • Windows: Aluminum

Exterior Features

  • Acreage: 0.32
  • Exterior Construction: Concrete Block, Frame W Vinyl Siding
  • Flood Zone: X
  • Porch Type: Front, Open Patio
  • Roof: Metal

Garage/Parking

  • Parking: 2 Car, Driveway

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Septic Tank
  • Hot Water: Private Well

Condo/Co-op/Association

  • Home Owners Association: No
  • Complex Name: Reva Place

Lot Info

  • Lot Size: .32 Acres
  • Zoning: RSF-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2023
Closed on
May 19, 2023
Sold by
Shandy Properties Llc
Bought by
Walker Will Reed
Seller's Agent
Leigh Ann Mills
NextHome Gateway Realty
Buyer's Agent
NonMLS NON MLS
NORTH FLORIDA M.L.S., INC
List Price
$150,000
Sold Price
$146,600
Premium/Discount to List
-$3,400
-2.27%
Views
5
Current Estimated Value
$196,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,338
Avg. Annual Appreciation
14.72%
Original Mortgage
$109,950
Outstanding Balance
$107,538
Interest Rate
6.28%
Mortgage Type
Construction
Estimated Equity
$89,400

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 9, 2021
Sold by
Corbett Michael and Corbett Judith Vardy
Bought by
Shandy Properties Llc
Seller's Agent
Chad Stewart
ROCKFORD REALTY GROUP INC
Buyer's Agent
Leigh Ann Mills
NextHome Gateway Realty
List Price
$121,900
Sold Price
$121,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.67%

Purchase Details

Closed on
Jan 16, 2009
Sold by
Gabrielli Gary Jon
Bought by
Vardy Corbett Michael and Vardy Corbett Judith

Purchase Details

Closed on
Feb 17, 2006
Sold by
Revels Page James Otis and Revels Page Jean
Bought by
Gabrielli Gary Jon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
6.04%
Mortgage Type
Commercial
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
Walker Will Reed $146,600 Lake City Title
Shandy Properties Llc $121,900 Lake City Title
Vardy Corbett Michael $60,000 Sierra Title Llc
Gabrielli Gary Jon -- Title Offices Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Will Reed $109,950
Previous Owner Gabrielli Gary Jon $41,000
Previous Owner Gabrielli Gary Jon $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $146,600 -2.3% --
01/16/2023 01/16/23 For Sale $150,000 +23.1% --
12/10/2021 12/10/21 Sold $121,900 0.0% --
12/01/2021 12/01/21 For Sale $121,900 -- --
Source: North Florida 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
2024 $2,322 $127,301 $13,956 $113,345
2023 $2,322 $95,355 $13,956 $81,399
2022 $2,034 $84,899 $13,956 $70,943
2021 $1,818 $71,882 $9,944 $61,938
2020 $1,788 $70,752 $9,936 $60,816
2019 $1,848 $69,595 $9,936 $59,659
2018 $1,821 $67,282 $9,936 $57,346
2017 $1,781 $64,969 $9,936 $55,033
2016 $1,654 $64,391 $9,936 $54,455
2015 $1,610 $63,838 $0 $0
2014 $1,560 $63,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Florida MLS

MLS Number: 118501

North Florida MLS

APN: 00-00-00-12929-000