NOT LISTED FOR SALE

Lakeland, FL 33801

Crystal Lake Neighborhood

Estimated Value: $438,000 - $648,000

2 Beds
2 Baths
4,056 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: December 17, 2020

Last sale price $352,000 $87 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,275 / mo

40 Days on Market

Highlights

  • No HOA
  • Lincoln Avenue Academy Rated A-
  • Central Heating and Cooling System

About This Home

As of December 2020

Great Quadruple for sale - close to all, sold as is, and cash deals only. Please do not knock on the tenant's door, and do not go around the property without having an appointment - serious buyers only. Great income potential property and right now compare to the market's rent, The rent is low and can be easily increased. All are month to month except one which will expire on February 2021. No carpets, tiles floors - Owner also owns 1805 CRYSTAL GROVE DR, which is also for sale. Great income potential.

Last Agent to Sell the Property

Jose Ramirez

LOKATION License #3121616 Listed on: 09/08/2020

LOKATION

Last Buyer's Agent

Jonatan Trillos

VESTI LLC License #3315783

VESTI LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1986

Lot Details

  • 10,210 Sq Ft Lot
  • Lot Dimensions are 92x111

Home Design

  • 4,056 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Kitchen

  • Range

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Crystal Grove Subdivision

Building Details

  • Gross Income $34,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,040

Year Built

Built in 1986

Lot Details

10,210 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4056
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 10210
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 86.79
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 376.81

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: PUD
  • Parcel Number: 24-28-28-247010-017352
  • Additional Parcels: No
  • Lot Dimensions: 92x111
  • Flood Zone Code: x

Rental Info

  • Total Actual Rent: 2850
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 34200
  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 3040
  • Tax Book Number: 72-33
  • Tax Lot: Q-35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2021
Sold by
Og Freedom Investments Llc
Bought by
Ormair Investments Llc
Current Estimated Value
$530,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$322,037
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$208,494

Purchase Details

Listed on
Sep 8, 2020
Closed on
Dec 17, 2020
Sold by
Crystal Grove Llc
Bought by
Og Freedom Investments Llc
Seller's Agent
Jose Ramirez
LOKATION
Buyer's Agent
Jonatan Trillos
VESTI LLC
List Price
$389,000
Sold Price
$352,000
Premium/Discount to List
-$37,000
-9.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%
Original Mortgage
$292,500
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 27, 2005
Sold by
Lippy Terry G
Bought by
Crystal Grove Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ormair Investments Llc -- Fidelity Natl Ttl Of Fl Inc
Og Freedom Investments Llc $352,000 Rtr Title Of Central Fl Llc
Crystal Grove Llc $260,000 Paramount Title Of Polk Coun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ormair Investments Llc $350,000
Previous Owner Og Freedom Investments Llc $292,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $352,000 -4.3% $87 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
09/30/2020 09/30/20 Price Changed $368,000 -0.3% $91 / Sq Ft
09/21/2020 09/21/20 Price Changed $369,000 -1.3% $91 / Sq Ft
09/12/2020 09/12/20 Price Changed $374,000 -3.9% $92 / Sq Ft
09/08/2020 09/08/20 For Sale $389,000 -- $96 / Sq Ft
Source: Stellar MLS

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 $5,283 $321,869 -- --
2024 $6,877 $292,608 $31,000 $274,013
2023 $6,877 $338,798 $0 $0
2022 $5,658 $307,998 $25,000 $282,998
2021 $5,274 $278,834 $25,000 $253,834
2020 $2,913 $152,778 $25,000 $127,778
2018 $3,061 $155,624 $25,000 $130,624
Source: Public Records

Agents Affiliated with this Home

  • Jose Ramirez

    Seller's Agent in 2020

    Jose Ramirez

    LOKATION

    (772) 370-6439

    17 Total Sales

    Jose Ramirez
    Section Image
  • Jonatan Trillos

    Buyer's Agent in 2020

    Jonatan Trillos

    VESTI LLC

    (407) 534-4504

    276 Total Sales

    Jonatan Trillos
    Section Image
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Source: Stellar MLS

MLS Number: O5886324

Stellar MLS

APN: 24-28-28-247010-017352

Florida Polk County Lakeland 33801

Crystal Lake

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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