Seller's Agent in 2022
Julie Matthews
JULIE MATTHEWS GROUP LLC
(863) 528-0037
85 Total Sales
3204 & 3208 Emanuel Dr Lake Wales, FL 33898
Estimated Value: $283,000 - $361,000
2
Beds
2
Baths
2,062
Sq Ft
$156/Sq Ft
Est. Value
Highlights
- Open Floorplan
- End Unit
- Great Room
- Cathedral Ceiling
- Corner Lot
- Rear Porch
About This Home
As of October 2022THIS DUPLEX IS A GREAT RENTAL PROPERTY! Situated on over a 1/2 acre on a prime corner lot in a fabulous rental area, this well maintained duplex will be the perfect rental property for you! Each side is 2BR/2BA unit that is the mirror image of the other one & each have their own screened patio and fenced yard area. You'll love the floor plan of these units with a spacious great room with cathedral ceiling and open to casual dining area & kitchen. They have a split BR plan and both bedrooms in each unit have nice size walk-in closets. Each unit has an inside laundry closet as well as a walk-in storage closet off the screened patios. The roof was just replaced this year along with some other updating that was done not long ago. Both sides already have tenants in place that have been there for a while. In fact the one tenant has been there for 25 years, (since 1997)!!! Both tenants know that the seller is planning to raise the rent rent to $1,000./month when their leases renew in November, (unless someone buys it before then and chooses to do something different). There is a potential for even higher rent. Lawn mowing is included in the $76.80 per month HOA fee and that is one fee but covers yards for both sides. The tenants pay for the utilities and each side has their own electric and water meter, (property has a septic tank, so there is no sewer bill). The shed belongs to the tenant. This awesome income property is located in a nice area in the northern part of Lake Wales with no through traffic and all of the properties have nice large lots. All measurements and info should be confirmed by buyer.
Last Agent to Sell the Property
JULIE MATTHEWS GROUP LLC License #525519 Listed on: 07/27/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,632
Year Built
- Built in 1997
Lot Details
- 0.61 Acre Lot
- Lot Dimensions are 100x135
- End Unit
- Fenced
- Corner Lot
- Oversized Lot
HOA Fees
- $77 Monthly HOA Fees
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 2,062 Sq Ft Home
- Open Floorplan
- Cathedral Ceiling
- Ceiling Fan
- Sliding Doors
- Great Room
- Combination Dining and Living Room
- Fire and Smoke Detector
- Laundry closet
Kitchen
- Range with Range Hood
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Bathrooms
Parking
- Driveway
- Open Parking
Outdoor Features
- Screened Patio
- Rear Porch
Schools
- Spook Hill Elementary School
- Mclaughlin Middle School
- Winter Haven Senior High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
- High Speed Internet
- Phone Available
- Cable TV Available
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Tenant pays for electricity, water
- Tax Lot 33
- Assessor Parcel Number 28-29-17-937002-000330
Community Details
Overview
- 2,304 Sq Ft Building
- Masterpiece Park Hoa/ Tina Bridges Association, Phone Number (863) 287-6233
- Masterpiece Park Estates Subdivision
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2022
Closed on
Oct 14, 2022
Sold by
Bennett Warren Andrew and Bennett Laura Lee
Bought by
Loganathan Jagan and Loganathan Savitri
Seller's Agent
Julie Matthews
JULIE MATTHEWS GROUP LLC
Buyer's Agent
Savitri Loganathan
KELLER WILLIAMS CLASSIC
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,103
Avg. Annual Appreciation
3.96%
Original Mortgage
$213,750
Outstanding Balance
$205,731
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$113,515
Purchase Details
Closed on
Apr 6, 2018
Sold by
Allen Kenneth E and Allen Stanna M
Bought by
Bennett Warren Andrew and Bennett Laura Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
4.43%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 28, 2005
Sold by
Adair Mesh Investments Inc
Bought by
Allen Kenneth E and Allen Stanna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,410
Interest Rate
5.66%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Loganathan Jagan | $285,000 | Real Estate Title Services | |
| Bennett Warren Andrew | $280,000 | Attorney | |
| Allen Kenneth E | $124,900 | Real Estate Title Svcs Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Loganathan Jagan | $213,750 | |
| Previous Owner | Bennett Warren Andrew | $224,000 | |
| Previous Owner | Allen Kenneth E | $101,875 | |
| Previous Owner | Allen Kenneth E | $112,410 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/14/2022 10/14/22 | Sold | $285,000 | 0.0% | $138 / Sq Ft |
| 08/29/2022 08/29/22 | Pending | -- | -- | -- |
| 07/27/2022 07/27/22 | For Sale | $285,000 | -- | $138 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $3,435 | $201,168 | -- | -- |
| 2024 | $3,859 | $182,880 | $9,300 | $139,880 |
| 2023 | $3,859 | $234,192 | $9,000 | $1,312 |
| 2022 | $2,713 | $147,998 | $0 | $0 |
| 2021 | $2,632 | $134,544 | $0 | $0 |
| 2020 | $2,420 | $122,313 | $15,000 | $107,313 |
| 2018 | $2,251 | $120,067 | $15,000 | $105,067 |
| 2017 | $2,001 | $93,900 | $0 | $0 |
| 2016 | $1,860 | $85,666 | $0 | $0 |
| 2015 | $1,186 | $78,220 | $0 | $0 |
| 2014 | $1,612 | $73,955 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Matthews
-
Savitri Loganathan
Buyer's Agent in 2022
Savitri Loganathan
KELLER WILLIAMS CLASSIC
(718) 926-8257
8 Total Sales
Map
Source: Stellar MLS
MLS Number: P4922042
APN: 28-29-17-937002-000330
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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