L
Seller's Agent in 2020
Lorenzo Clark
VALIANT REALTY GROUP LLC
(407) 654-0041
1 Total Sale
Estimated Value: $477,000 - $537,319
8
Beds
4
Baths
2,950
Sq Ft
$171/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- High Speed Internet
- Rock Lake Elementary School Rated 9+
- Ceramic Tile Flooring
- Fenced
About This Home
As of March 2020Calling all investors! Don't miss the opportunity to add this gem to your investment portfolio! This two story quad plex features block construction with two units on the first floor and two units on the second floor. The property is a stones throw away from Camping World Stadium and the $8 million dollar Lake Lorna Doone Park renovation adding long-term value to this property! The property has had only one owner since 1994 and there are no issues that would affect the title. All four units are rented with 2 units having a one year lease and two units having 2 year leases! All tenants have been leasing for 10 years or more creating stable and long-term income for their new owner. A new roof was installed about 5 years ago and all the kitchens in each unit received upgrades a few of years ago. Each bathroom was updated in November 2019 with a new tile floor, shower tiles, new toilets, vanities and new paint. All new exterior electrical panels were installed November 2019 along with new breaker boxes for all 4 exterior wall air conditioner units. The building received new paint, new exterior doors and updated exterior lighting around the property in November 2019. The current rental rate is slightly below market. The property is being sold As-Is. The electrical is metered separately for each unit! The water is currently not metered separately and the current owner pays for water usage. This property is turn key ready for its new owner!
Last Agent to Sell the Property
VALIANT REALTY GROUP LLC License #3254636 Listed on: 11/27/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,902
Year Built
- Built in 1966
Lot Details
- 10,514 Sq Ft Lot
- Fenced
Parking
- Open Parking
Home Design
- 2,950 Sq Ft Home
- Quadruplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Schools
- Rock Lake Elementary School
- Carver Middle School
- Jones High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Range
- Laundry in Kitchen
- Exterior Lighting
- City Lot
Community Details
- No Home Owners Association
- 3,457 Sq Ft Building
- Dollins L J Sunset Park Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Tenant pays for electricity
- Legal Lot and Block 6 / 1
- Assessor Parcel Number 29-22-27-2120-01-060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 4, 2025
Sold by
Cook Fabian F
Bought by
T & N Investments Group Of Florida Llc
Current Estimated Value
Purchase Details
Closed on
Mar 27, 2025
Sold by
T & N Investments Group Of Florida Llc
Bought by
Cook Fabian F
Purchase Details
Listed on
Nov 27, 2019
Closed on
Feb 25, 2020
Sold by
Cook Fabian F and Cook Michelle D
Bought by
T And N Investments Group Of Florida Llc
Seller's Agent
Lorenzo Clark
VALIANT REALTY GROUP LLC
Buyer's Agent
Lorenzo Clark
VALIANT REALTY GROUP LLC
List Price
$339,000
Sold Price
$295,000
Premium/Discount to List
-$44,000
-12.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$236,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 26, 1994
Sold by
Thompson Plinnie and Thompson Naritha
Bought by
Cook Fabian F and Cook Michelle D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.61%
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 |
|---|---|---|---|
| T & N Investments Group Of Florida Llc | $100 | None Listed On Document | |
| Cook Fabian F | $100 | None Listed On Document | |
| T And N Investments Group Of Florida Llc | $295,000 | Fidelity Natl Ttl Of Fl Inc | |
| Cook Fabian F | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | T And N Investments Group Of Florida Llc | $236,000 | |
| Previous Owner | Cook Fabian F | $122,193 | |
| Previous Owner | Cook Fabian F | $29,000 | |
| Previous Owner | Cook Fabian F | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/05/2020 03/05/20 | Sold | $295,000 | 0.0% | $100 / Sq Ft |
| 12/21/2019 12/21/19 | Off Market | $295,000 | -- | -- |
| 12/01/2019 12/01/19 | Pending | -- | -- | -- |
| 11/22/2019 11/22/19 | For Sale | $339,000 | -- | $115 / 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 | $6,126 | $327,544 | -- | -- |
| 2024 | $5,357 | $327,544 | -- | -- |
| 2023 | $5,357 | $291,333 | $40,000 | $251,333 |
| 2022 | $4,837 | $253,450 | $40,000 | $213,450 |
| 2021 | $4,450 | $223,716 | $35,000 | $188,716 |
| 2020 | $3,081 | $165,994 | $35,000 | $130,994 |
| 2019 | $3,101 | $167,031 | $35,000 | $132,031 |
| 2018 | $2,902 | $154,992 | $26,000 | $128,992 |
| 2017 | $2,645 | $134,417 | $13,915 | $120,502 |
| 2016 | $2,528 | $128,682 | $11,500 | $117,182 |
| 2015 | $2,420 | $122,105 | $11,500 | $110,605 |
| 2014 | $2,229 | $107,358 | $14,423 | $92,935 |
Source: Public Records
Agents Affiliated with this Home
Source: Stellar MLS
MLS Number: O5826213
APN: 27-2229-2120-01-060
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.
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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