2961 Walnut Ct

Leesburg, FL 34748

$2,075,000
Last Sold Price
—
Beds
—
Baths
1,476 Sq. Ft.
$1,406 / Sq. Ft.
1,476
Sq. Ft.
$1,406
per Sq. Ft.
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Sold 12/22/17
Sold 12/22/17

Description

INCOME - 7.9% CAP Rate - NOI $172,372 - Bulk Sale, Kings Row, 24 3/2 Units, 1,476 SF each, good rental history with long term tenants and an average residency of 3 years, Each Unit has its own Property ID, Zoned R-2 City of Leesburg, 5+/- Acres Total, Taxes $958 per unit, each 4 Plex is concrete block, built in 2009. Great Central Florida Investment Opportunity, One hour from Orlando & just minutes to The Villages, I-75 & Florida's Turnpike Please complete attached Confidentiality Agreement for rent...INCOME - 7.9% CAP Rate - NOI $172,372 - Bulk Sale, Kings Row, 24 3/2 Units, 1,476 SF each, good rental history with long term tenants and an average residency of 3 years, Each Unit has its own Property ID, Zoned R-2 City of Leesburg, 5+/- Acres Total, Taxes $958 per unit, each 4 Plex is concrete block, built in 2009. Great Central Florida Investment Opportunity, One hour from Orlando & just minutes to The Villages, I-75 & Florida's Turnpike Please complete attached Confidentiality Agreement for rent rolls & financial data. Do not disturb tenants - no sign
  1. Listed by Jim Miller • GRIZZARD COMMERCIAL REALESTATE

Property Details for 2961 Walnut Court

Township
19
Waterfront
No
LISTING UPDATED: 12/26/2017 02:04 PM

Property Details for 2961 Walnut Court

StatusSold
MLS #G4823875
Days on Market651
Taxes$955 / year
HOA Fees-
Condo/Co-op Fees-
Property Type-
MLS Type-
Year Built2009
Lot Size0.05 AC / 2,207 SF
CountyLake County
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Location

Listing Courtesy of GRIZZARD COMMERCIAL REALESTATE, Jim Miller

Sold By GRIZZARD COMMERCIAL REALESTATE, Jim Miller

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Building Information for 2961 Walnut Court

Stories-Residences-Year Built2009Lot Size0.05 AC / 2,207 SF

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$10,528 per month

30 year fixed, 6.46% Interest

Principal and Interest

$10,449

Property Taxes

$80

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 2961 Walnut Court

Summary
Location and General Information
  • Building Area Source: Owner
  • Building Area Total: 35424.0
  • Building Area Units: Square Feet
  • Directions: Leesburg go South on US Hwy 27 to the intersection of US 27 & South St, turn right on South Street & travel west to Royal Oaks on the left. The entrance past Royal Oaks is Walnut Ct, turn left & you will be at the 1st units.
  • Millage Rate: 18.42%
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Road Frontage Type: Main Throrughfare
  • Street Number: 2961
  • Street Name: WALNUT
  • Street Suffix: COURT
  • State: FL
  • City: LEESBURG
Taxes and HOA Information
  • Tax Block: 0000
  • Tax Book Number: 63-25-26
  • Tax Legal Description: LEESBURG, ROYAL OAK ESTATES SIXTH ADDITION SUB LOT 54A PB 63 PG 25-26
  • Tax Lot: 54A
  • Tax Year: 2016
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Property
Lot Information
  • Additional Parcels Description: 3870364, 1292832, 3870365
  • Additional Parcels: Yes
  • Lot Features: In City Limits
  • Parcel Number: 28-19-24-0869000054A0
  • Total Acreage: Up to 10, 889 Sq. Ft.
  • Total Num Buildings: 6
  • Water Access: No
  • Water Extras: No
  • Zoning: R-2
  • Living Area: 1476
Property and Assessments
  • Year Built Numeric: 2009
  • Flood Zone Code: AE
  • Flood Zone Date: 12-18-2012
  • Flood Zone Panel: 12069C0316E
  • Home Warranty: No
  • New Construction: No
  • Property Condition: Completed
  • Public Survey Range: 24
  • Public Survey Section: 28
Utilities
  • Utilities: Public
Interior and Exterior Features
Exterior Features
  • Pool: None
  • Pool Private: No
  • Waterfront Feet Total: 0
Interior Features
  • Cooling: Central Air
  • Heating: Central
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Water View: No

Property History for 2961 Walnut Court

DateEvent & SourcePriceAppreciation
Dec 22, 2017

Sold

MFRMLS #G4823875

$2,075,000—
Dec 6, 2017

Pending

MFRMLS #G4823875

$2,175,000—
Feb 22, 2016

Listed (Active)

MFRMLS #G4823875

$2,375,000—
Dec 30, 2009

Expired

MFRMLS #G4587696

$114,900—
Apr 3, 2005

Listed (Active)

MFRMLS #G4587696

$119,900—
DateEvent & SourcePrice
12/22/2017

Sold

MFRMLS #G4823875

$2,075,000
12/06/2017

Pending

MFRMLS #G4823875

$2,175,000
02/22/2016

Listed (Active)

MFRMLS #G4823875

$2,375,000
12/30/2009

Expired

MFRMLS #G4587696

$114,900
04/03/2005

Listed (Active)

MFRMLS #G4587696

$119,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2961 Walnut Court

Taxable ValueLand$40,000Additions$122,008Total$162,008
Tax Record2024$2,209 ($184 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,476 SqFtAbove Grade Finished SqFt1,476 SqFtStories1Lot Size2,207 SqFtStyleSingle Family ResidenceYear Built2009Year Renovated2017CountyLAKEAPN28-19-24-0869-000-054A0

Schools near 2961 Walnut Court

This home is within Lake County Schools.
Rating
School
Type
Grades
Distance
Leesburg Elementary School
Public - PK to 5
Oak Park Middle School
Public - 6 to 8
Leesburg High School
Public - 9 to 12
Rimes Early Learning & Literacy Center
Public - PK to 2
Rating
School
Distance
Leesburg Elementary School
PublicPK to 5

Oak Park Middle School
Public6 to 8

Leesburg High School
Public9 to 12

Rimes Early Learning & Literacy Center
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GRIZZARD COMMERCIAL REALESTATE, Jim Miller

The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 12/26/2017 02:04 PM