NOT LISTED FOR SALE

31256 Fernway St Unit 6 Sebring, FL 33872

Estimated Value: $330,990 - $392,000

6 Beds
4 Baths
2,736 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $305,000 $111 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,420/month

4 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Solid Wood Cabinet
  • Corner Lot
  • Covered patio or porch
  • Walk-In Closet

About This Home

As of March 2022

***MULTIPLE OFFERS RECEIVED - SELLER IS REQUESTING HIGHEST AND BEST BY 3/8/2022. SELLER WILL REVIEW OFFERS ON 3/9 AM.*** We are pleased to present 31256 Fernway Street. Clean and modern duplex in the heart of everything in Sebring! This duplex has two units, each unit has 3 bedrooms and 2 bathrooms. You have AMAZING OPTIONS: Move into one unit, rent the other to cover the mortgage payment, or rent both for an AWESOME Investment Property. Each unit is immaculate and have tenants in place who take good care of the property and are very HAPPY! However, one lease is up for renewal in just a few months 6/30/2022 and the second lease went month to month last year. Immediate CASH FLOW: the monthly income is $2300 total with room to increase rent in this market. This property 10 minutes from downtown Sebring and close to Lake Jackson so bring your boat and enjoy the peaceful and quiet lifestyle by the lake. Located in Central Florida, Sebring occupies the southern end of the Lake Wales Ridge, a 100-mile-long range of sand hills, scrub, and freshwater lakes. In addition, Sebring boasts excellent shopping and dining options. This property attracts tenants due to its: size and convenient. Great central location being only about 90 minutes from Orlando, Tampa and West Palm Beach! Conveniently located between US 27 and the Sebring Parkway giving super easy travel to shopping, dining, Florida Hospital of Lake Placid, Advent Health Hospital, South Florida State College and more! Highlands County Agents: This is in Stellar MLS, book your showings with the MLS number L4928359 in ShowingTime and view the listing on MLS Advantage also.

Last Agent to Sell the Property

Michelle Graham

KELLER WILLIAMS REALTY SMART License #3293515 Listed on: 03/04/2022

KELLER WILLIAMS REALTY SMART

Co-Listed By

Wes Graham

KELLER WILLIAMS REALTY SMART License #3414461

Last Buyer's Agent

George Waller, JR

BTW PROPERTIES OF LAKELAND License #3592750

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 2013

Lot Details

  • 0.27 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • Walk-In Closet
  • 2,736 Sq Ft Home
  • Open Floorplan
  • Combination Dining and Living Room
  • Tile Flooring
  • Solid Wood Cabinet

Outdoor Features

  • Covered patio or porch
  • Shed

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Clearview Terrace Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,923

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2736
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 2013
  • Lot Size Sq Ft: 11563
  • Directions to Property: US-27 S/US-98 S/US Hwy 27N, Turn Right onto Flare Rd/Howey Rd, Flare Rd turns left and becomes Brunns Rd, Turn left onto Decatur St, Turn right onto Fernway St and 31256 Fernway Street is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4928359?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4928359?w=Customer
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98387
  • Price per Sq Ft: 111.48
  • Close to Original List Price Ratio: 1.01667
  • View: No
  • Co List Office Mls Id: 265500286
  • Co List Office Phone: 863-577-1234
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Walk-In Closet(s)
  • Foundation Details: Slab
  • Street Number Modifier: 31256
  • Number Of Buildings: 1

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R2
  • Parcel Number: C-35-34-28-040-00C0-0060
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot, Level
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2922.94
  • Tax Block: C
  • Tax Book Number: 10
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
Mar 23, 2022
Sold by
Heather Dela Cruz
Bought by
Gary Road Investments Llc
Seller's Agent
Michelle Graham
KELLER WILLIAMS REALTY SMART
Buyer's Agent
George Waller, JR
BTW PROPERTIES OF LAKELAND
List Price
$300,000
Sold Price
$305,000
Premium/Discount to List
$5,000
1.67%
Current Estimated Value
$373,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,942
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Jun 28, 2016
Sold by
Bowden Chase
Bought by
Cruz Heather De La

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,365
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 3, 2014
Sold by
Carran Lewis
Bought by
Chase Premiere Assets Llc
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
Gary Road Investments Llc $305,000 New Title Company Name
Cruz Heather De La -- South Ridge Abstract And Tti
Cruz Heather Dela $139,900 None Available
Chase Premiere Assets Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gary Road Investments Llc $231,000
Previous Owner Cruz Heather Dela $137,365
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $305,000 -1.6% $111 / Sq Ft
03/10/2022 03/10/22 Price Changed $310,000 +3.3% $113 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $300,000 -- $110 / 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
2024 $4,467 $290,158 $8,820 $281,338
2023 $4,467 $285,585 $8,820 $276,765
2022 $3,066 $181,208 $8,820 $172,388
2021 $2,923 $160,419 $8,820 $151,599
2020 $1,837 $130,675 $0 $0
2019 $1,776 $127,737 $0 $0
2018 $1,776 $125,900 $0 $0
2017 $2,310 $124,216 $0 $0
2016 $2,102 $113,228 $0 $0
2015 $1,822 $93,982 $0 $0
2014 $1,787 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4928359

Stellar MLS

APN: C-35-34-28-040-00C0-0060