Attention Investors, CASH ONLY!!! This is a rare opportunity to own a CASH-FLOWING rental property: PURCHASE 1 OR ALL 21 PROPERTIES INCLUDED IN THIS PORTFOLIO PRODUCING OVER $22K IN MONTHLY INCOME! With a high demand for rental properties in the area and low vacancy rates, cash-positive investment properties like this are sure to provide a consistent and steady stream of income. This 1 bedroom, 1 bath block home. The tenants lease is in place through 6/30/2023 rented for $900/month. This is the perfect investment for someone looking to expand their real estate portfolio and reap the benefits of long-term passive income. Don't miss out on this chance to secure your financial future for years to come! PLEASE DO NOT DISTURB THE OCCUPANTS.
Sold for $85,000
$85,000
2427 E MAGNOLIA STREET, LAKELAND, FL 33801
1beds
947sqft
Single Family Residence
Built in 1950
6,878 Square Feet Lot
$98,700 Zestimate®
$90/sqft
$1,094 Estimated rent
Home value
$98,700
$78,000 - $124,000
$1,094/mo
Zestimate® history
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$1,094/mo
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$1,094/mo
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$468/mo
Est. payment
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$468/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Joe Christian 863-286-5829,
KELLER WILLIAMS REALTY SMART 863-577-1234
Bought with:
Carly Powell, 3404321
XCELLENCE REALTY, INC
Source: Stellar MLS,MLS#: L4935658
Originating MLS: Lakeland
Originating MLS: Lakeland
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 10x11
Bathroom 1
- Level: First
- Dimensions: 5x9
Kitchen
- Level: First
- Dimensions: 10x8
Living room
- Level: First
- Dimensions: 10x12
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Range, Refrigerator
- Laundry: Outside
Features
- Open Floorplan
- Flooring: Vinyl, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 1,210
- Total interior livable area: 947 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
- Exterior features: Other
Lot
- Size: 6,878 Square Feet
- Dimensions: 50 x 138
Details
- Parcel number: 242816187500042420
- Zoning: R-2
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Crawlspace
- Roof: Shingle
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Pet fee: $0 monthly
- Subdivision: COUNTRY CLUB ESTATES
HOA
- Has HOA: No
Location
- Region: Lakeland
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $68,413
- Annual tax amount: $990
- Date on market: 3/7/2023
- Cumulative days on market: 117 days
- Listing terms: Cash
- Ownership: Fee Simple
- Total actual rent: 10800
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/29/2024 | Price change | $1,200-11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/12/2024 | Listed for rent | $1,350+125%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2023 | Sold | $85,000-22.7%$90/sqft |
Source:  Stellar MLS #L4935658 Report a problem | ||
| 7/27/2023 | Pending sale | $110,000$116/sqft |
Source: Stellar MLS #L4935658 Report a problem | ||
| 7/15/2023 | Listed for sale | $110,000$116/sqft |
Source: Stellar MLS #L4935658 Report a problem | ||
| 7/13/2023 | Pending sale | $110,000$116/sqft |
Source: Stellar MLS #L4935658 Report a problem | ||
| 5/30/2023 | Listed for sale | $110,000$116/sqft |
Source: Stellar MLS #L4935658 Report a problem | ||
| 5/17/2023 | Pending sale | $110,000$116/sqft |
Source: Stellar MLS #L4935658 Report a problem | ||
| 3/7/2023 | Listed for sale | $110,000+746.2%$116/sqft |
Source: Stellar MLS #L4935658 Report a problem | ||
| 11/30/2018 | Listing removed | $600$1/sqft |
Source: Smart Properties, LLC Report a problem | ||
| 9/26/2018 | Listed for rent | $600$1/sqft |
Source: Smart Properties, LLC Report a problem | ||
| 10/13/2004 | Sold | $13,000$14/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $917 +10% | $68,212 +10% |
| 2024 | $834 +45.3% | $62,011 +116.2% |
| 2023 | $574 +7.7% | $28,684 +10% |
| 2022 | $533 +21.9% | $26,076 +10% |
| 2021 | $437 +13.6% | $23,705 +10% |
| 2020 | $384 +12.9% | $21,550 +10% |
| 2019 | $340 -54.8% | $19,591 -20.9% |
| 2018 | $754 +7.3% | $24,768 +53% |
| 2017 | $703 +195.9% | $16,191 +10% |
| 2016 | $237 +11.8% | $14,719 +8.5% |
| 2015 | $212 -58.4% | $13,564 +1.3% |
| 2014 | $510 +133.4% | $13,396 -1.8% |
| 2013 | $219 +13.2% | $13,646 +12.2% |
| 2012 | $193 -10% | $12,167 -9% |
| 2011 | $215 -29.2% | $13,375 -27.9% |
| 2010 | $304 -39.1% | $18,558 -35.3% |
| 2009 | $498 -23.1% | $28,687 -28.2% |
| 2008 | $648 | $39,980 |
| 2007 | -- | -- |
| 2006 | $678 | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | $17,774 +2.4% |
| 2002 | -- | $17,357 +1.6% |
| 2001 | -- | $17,084 |
Find assessor info on the county website
Neighborhood: Combee Settlement
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Nearby schools
GreatSchools rating
- 1/10Philip O'Brien Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 1/10Crystal Lake Middle SchoolGrades: 6-8Distance: 1.4 mi
- 2/10Tenoroc High SchoolGrades: 9-12Distance: 3.5 mi
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Estimated market value
$98,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$98,700
- Florida
- Polk County
- Lakeland
- 33801
- Combee Settlement
- 2427 E MAGNOLIA STREET
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