S. Lincoln Ave., Lakeland, FL 33803

REDUCED!

Price WAS: $105,000

New Price: $97,000

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This is the cheapest active, pending, or sold in the neighborhood within the last 6 months, including REO’s and Short Sales.  House is a 3/1 with just over 1,000 sf and is in relatively good shape already.

You will not need to over rehab this house at all.  Only a couple of comps are nicely rehabbed but they are a different style of home.  You will need an outside A/C, some kitchen/appliance work, spray in bathroom, and paint.

Almost every comp sells within days, whether it is rehabbed or not.  You have a ton of  3/1 comps as well.  You have a pending at 1413 Camphor that is not rehabbed and sold for 145k in 7 days.   You don’t have a lot of rehabbed comps, but the ones you do are selling well into the 200k’s, so our ARV estimate of 150k is definitely very conservative.

This property will go fast and is shown by appointment only.   Please call or text for more information.

Camphor, No HOA

Assignable

Est. Rehab: $15,000 – $20,000

Est. ARV: $150,000 – $160,000

Recent Area Sales / Activity:

• 1413 Camphor Dr – 3/2, 1187 SF – Pending at $144.9k
• 1645 Camphor Dr – 3/2, 1776 SF – Pending at $149k
• 524 W Maxwell St – 3/2, 1972 SF – Pending at $269k
• 1620 S Lincoln Ave – 2/1, 822 SF – Sold 4/12/18 for $177k ($142.34 PSF)
• 615 Louise Dr – 2/1.5, 1080 SF – Sold 7/6/18 for $129.9k ($120.28 PSF)
• 1641 Camphor Dr – 3/1, 1200 SF – Sold 6/4/18 for $150k ($125.00 PSF)
• 507 W Beacon Rd – 3/1, 1461 SF – Sold 7/2/18 for $220k ($150.58 PSF)
• 534 W Maxwell St – 3/2, 1568 SF – Sold 6/28/18 for $245k ($156.25 PSF)