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Fuller Heights 33860 Imperial Lakes
3909 Marquise LANE
$318,000
● House - Off Market

3909 Marquise LANE

MULBERRY, FL 33860
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,624 Ft²
$1,742
Est. Monthly
6.74%
Cap Rate

About This Property

NEW PRICE!Ready for your immediate occupancy is this updated 3/2/2 on a corner lot in the desirable Imperial Lakes community. This home offers an updated kitchen with newer appliances ready for culinary adventures. Spacious sized rooms, a split floor plan, and a large screened lanai make entertaining easy.  The back yard is fenced, so bring your pets!  Roof 2018, HVAC 2020.    Showing is easy! Call me today for your tour! *Please note no site unseen offers*
Unit Size
1,624 Ft²
Days on Market
85 days
Land Size
0.30 acres
Price per sqft
$196
Property Type
House
Property Taxes
$180
HOA Dues
-
Year Built
1997

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #L4943200)

Price History

Date / Event Date Event Price
Jun 7, 2024 Sold
Premium
Sold
May 5, 2024 In contract -
In contract
Apr 29, 2024 Price Decreased $318,000
↓ $2K (0.6%)
Price Decreased
Apr 5, 2024 Price Decreased $320,000
↓ $10K (3%)
Price Decreased
Apr 5, 2024 Relisted $329,900
Relisted
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0
  • Location Influence Type: 172

    Dimensions

  • Lot Size Square Feet: 12,942
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,086
  • Gross Building Area: 2,086
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IMPERIALAKES PHASE TWO SEC 1-B
  • Land Acres: 0000000297
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: IMPERIALAKES PHASE TWO SECTION ONE B PB 69 PGS 21 THRU 26 LOT 95

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 014906

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Phase Number: 2
  • Subdivision Tract Number: 142460
  • Parcel: 23-29-34-142460-000950
  • Lot: 95
  • Meridian: SEC 34 TWN 29S RNG 23E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 27.9223
  • Longitude: -82.0007

    Address

  • Full Address: 3909 Marquise Ln
  • Address - House Number: 3909
  • Address - Street Name: Marquise
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Mulberry
  • Carrier Code: R003
  • 4-Digit Zip Code: 8657
  • Zip Code: 33860

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $205,970
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.0959
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 91
  • Final Value: 317,344
  • High Value: 347,779
  • Low Value: 286,910

    Market Valuation

  • Market Total Value: $221,263
  • Market Land Value: $35,000
  • Market Improvement Value: $186,263

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $160,651

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 26, 2018
  • Current Sale Recording Date: Nov 27, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018245232
  • Previous Sale Recording Date: Sep 23, 2016
  • Previous Sale Contract Date: Sep 20, 2016
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Imperial Lakes

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$183

Below Asking

0.03%

Average Days on Market

73

Average Home Size

1652 ft²

Average Home Age

32.3 years

Currently For Sale

37 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6451 Sedgeford Drive, LAKELAND, FL, 33811

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,434 ft²
6451 Sedgeford Drive, LAKELAND, FL, 33811 Listing by Tonya Lockamy
Unit for rent at 6404 Torrington Circle, LAKELAND, FL, 33811

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 1,377 ft²
6404 Torrington Circle, LAKELAND, FL, 33811 Listing by Michele Ranjbar

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Cyleste Goodson
REGAL REAL ESTATE LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# L4943200
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 3909 Marquise Lane built and last sold?
The property at 3909 Marquise Lane was built in 1997 and last sold on Nov 26, 2018 for $179,000.
How much is this home worth?
The estimated value of the home located at 3909 Marquise Lane is $310,005.
What are some comparable homes to 3909 Marquise Lane?
There are currently no comparable homes to 3909 Marquise Lane.
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