Record-Breaking Auburndale Estate Sold For $4.1M With Buyer's Rep Chinaza Olisahaenye & Seller's Rep Louise Richer
501 Adams Barn Road
$4,100,000
$444/SF
Building Size
9,215 SF
Asset Type
Single Family
Closing
Jan 17, 2024
AI
A 9,215-square-foot estate in Auburndale, sitting on 44 acres at 501 Adams Barn Road, has sold for $4.1 million, setting a record for Polk County. The property boasts luxury features including a free-standing spiral staircase, chef’s kitchen, saltwater aquarium, sauna, pool with waterfall edge, tennis courts, and private boat dock.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,100,000
- Market: Auburndale
- Address: 501 Adams Barn Road
- Buyer's Rep: Chinaza Olisahaenye - LPT Realty
- Seller's Rep: Louise Richer - Premier Sotheby's International Realty
- SF: 9,215
- PPSF: $445
- Acres: 44.35
The buyer's representative in this deal was Chinaza Olisahaenye from LPT Realty, while the seller's representative was Louise Richer from Premier Sotheby's International Realty.
Players
Auburndale Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93