NOT LISTED FOR SALE

Estimated Value: $350,211 - $368,000

2 Beds
2 Baths
2,104 Sq Ft
$171/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $275,000 $131 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,158/month

188 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Enclosed Patio or Porch
  • Inside Utility
  • Ceiling Fan

About This Home

As of May 2022

***NEW ROOF BEING REPLACED PRIOR TO CLOSING*** Here's a wonderful opportunity for an investor, homeowner or both. This is a beautiful, all block duplex that has a 2 bedrooms 1 bathroom on one side, rent is $650.00 and a large 3 bedroom 2 bathrooms on the other side at $975.00. Both have individual parking with a large back yard. Located just steps from Lake Starr in Lake Wales and within minutes of Bok Tower. This is perfect for living on one side and renting the other or for just an investment. Call for your private showing today. Both units are occupied 1 has been there a long time. Both are currently on month-month. Property is being meticulously maintained by owner.

Last Agent to Sell the Property

Rick DePalma

KELLER WILLIAMS REALTY SMART 1 License #3021110 Listed on: 08/27/2021

KELLER WILLIAMS REALTY SMART 1

Last Buyer's Agent

Andres Ramirez

DALTON WADE INC License #3492928

DALTON WADE INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,631

Year Built

  • Built in 1959

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 85 x 165
  • Fenced
  • Gentle Sloping Lot

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,104 Sq Ft Home
  • Ceiling Fan
  • Inside Utility
  • Laundry Room
  • Range

Parking

  • 2 Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Hillcrest Elementary School
  • Mclaughlin Middle School
  • Lake Wales Senior High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 5 / B
  • Assessor Parcel Number 27-29-15-861600-002051

Community Details

Overview

  • No Home Owners Association
  • 2,104 Sq Ft Building
  • Hillcrest Subdivision

Building Details

  • Gross Income $19,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,631

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2104
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 2104
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 14025
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: From Hwy 27, turn East on Chalet Suzanne, turn right on N Scenic Hwy, turn right on Hill Circle. Home will be on your left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4917230?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4917230?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00365
  • Price per Sq Ft: 130.7
  • Close to Original List Price Ratio: 1.06178
  • Ratio: Current Price\Building Area Total: 130.7
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 105 & 107
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Fenced, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Off Street
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Hillcrest Elem
  • High School: Lake Wales Senior High
  • Middle Or Junior School: Mclaughlin Middle

Lot Info

  • Parcel Number: 27-29-15-861600-002051
  • Additional Parcels: No
  • Lot Features: Gentle Sloping, In County
  • Lot Dimensions: 85 x 165
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 1625
  • Minimum Lease: No Minimum

Multi Family

  • Gross Income: 19500
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1631.07
  • Tax Block: B
  • Tax Book Number: 42/49
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
May 6, 2022
Sold by
Richards Lawrence J and Richards Margie
Bought by
Moreno Arleen Nunez
Seller's Agent
Rick DePalma
KELLER WILLIAMS REALTY SMART 1
Buyer's Agent
Andres Ramirez
DALTON WADE INC
List Price
$259,000
Sold Price
$275,000
Premium/Discount to List
$16,000
6.18%
Current Estimated Value
$360,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,053
Avg. Annual Appreciation
8.43%
Original Mortgage
$281,325
Outstanding Balance
$267,682
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$92,371

Purchase Details

Closed on
Apr 16, 2018
Sold by
Lee Tony D and Lee Molly A
Bought by
Richards Lawrence J and Richards Margie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,050
Interest Rate
4.46%

Purchase Details

Closed on
Apr 1, 2004
Sold by
Baird Earl Jay and Baird Christina L
Bought by
Lee Tony D and Lee Molly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
5.53%

Purchase Details

Closed on
Nov 13, 2001
Sold by
Fox Fred M and Fox Mary L
Bought by
Baird Earl J and Baird Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
6.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moreno Arleen Nunez $275,000 New Title Company Name
Richards Lawrence J $153,400 Real Estate Title Services I
Lee Tony D $105,000 Real Estate Title Services I
Baird Earl J $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Arleen Nunez $281,325
Previous Owner Richards Lawrence J $115,050
Previous Owner Lee Tony D $99,750
Previous Owner Baird Earl J $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2022 05/09/22 Sold $275,000 +6.2% $131 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
12/10/2021 12/10/21 For Sale $259,000 0.0% $123 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $259,000 -- $123 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,404 $149,916 -- --
2024 $3,778 $140,832 $12,500 $55,195
2023 $3,778 $228,480 $12,000 $2,000
2022 $1,612 $66,476 $10,000 $56,476
2021 $1,631 $63,811 $10,000 $53,811
2020 $2,161 $103,764 $5,000 $98,764
2018 $1,310 $45,872 $5,000 $40,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4917230

Stellar MLS

APN: 27-29-15-861600-002051