NOT LISTED FOR SALE

3222 & 3226 Emanuel Dr Lake Wales, FL 33898

Estimated Value: $285,000 - $398,000

2 Beds
2 Baths
2,062 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $285,000 $138 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,054/month

3 Days on Market

Highlights

  • Open Floorplan
  • Great Room
  • Rear Porch
  • Cathedral Ceiling
  • Oversized Lot
  • Screened Patio

About This Home

As of August 2022

THIS DUPLEX IS A GREAT RENTAL PROPERTY! Situated on over 1/2 acre 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 replaced just a few years ago, (12/2019). Both sides have great rental history with long term tenants, although the one side will soon have a new tenant. Both sides will be renting for $1,000/mo starting in September unless someone buys it and chooses to do something different before then. 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. Tenant pays utilities and each unit is individually metered for electric & water, (property has a septic tank so there is no sewer bill). The swing set 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. The owner is also selling another duplex beside this one if someone is interested in having 2 duplexes, (MLS# of that one is P4922042). All measurements and all other info should be confirmed by buyer.

Last Agent to Sell the Property

Julie Matthews

JULIE MATTHEWS GROUP LLC License #525519 Listed on: 07/27/2022

Last Buyer's Agent

Carrie Wilson

PRIME PLUS REAL ESTATE INC License #3122298

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,676

Year Built

  • Built in 1997

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 82x135
  • Fenced
  • 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
  • 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

Community Details

Overview

  • 2,304 Sq Ft Building
  • Masterpiece Park Hoa/Tina Bridges Association, Phone Number (863) 287-6233
  • Masterpiece Park Estates Subdivision
  • On-Site Maintenance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,676

Year Built

Built in 1997

Lot Details

0

HOA Fees

$77 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2062
  • Lot Size Acres: 0.51
  • New Construction: No
  • Year Built: 1997
  • Building Area Total: 2304
  • Lot Size Sq Ft: 22268
  • Tenant Pays: Electricity, Water
  • Directions to Property: From Highway 27, turn east onto Chalet Suzanne Road at the intersection by the Eagle Ridge Mall. Go straight through the next red light and the road becomes Masterpiece Road. Turn left onto Courtney Drive and then left onto Emanuel Drive. Property will be on your right after sharp corner.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4922046?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4922046?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 138.22
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 123.7
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 3222 & 3226
  • Additional Rooms: Great Room
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: 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
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fire Hydrant, Phone Available, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Maintenance, Other
  • Association Fee: 76.8
  • Association Fee Frequency: Monthly
  • Association Name: Masterpiece Park HOA/Tina Bridges
  • Phone: 863-287-6233
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Email: masterpieceparkhoa@gmail.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 921.6
  • Monthly HOA Fee: 76.8
  • Total Monthly Fees: 76.8

Schools

  • Elementary School: Spook Hill Elem
  • High School: Winter Haven Senior
  • Middle Or Junior School: Mclaughlin Middle

Lot Info

  • Parcel Number: 28-29-17-937002-000340
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Lot Dimensions: 82x135
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Restrictions: The HOA allows domestic pets. See HOA docs for additional information regarding this. Although HOA allows pets, the current owners have not been allowing tenants to have pets in these units.

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2675.62
  • Tax Book Number: 75-10
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2023
Sold by
Ramos Alexandra Irene
Bought by
Ramos Antonio and Ramos Magdalena
Current Estimated Value
$324,539

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 22, 2022
Sold by
Andrew Bennett Sr Warren and Lee Laura
Bought by
Ramos Alexandra Irene
Seller's Agent
Julie Matthews
JULIE MATTHEWS GROUP LLC
Buyer's Agent
Carrie Wilson
PRIME PLUS REAL ESTATE INC
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%

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%
Source: Public Records

Range of Values:

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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
Ramos Antonio $100 None Listed On Document
Ramos Alexandra Irene $285,000 --
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
Previous Owner Bennett Warren Andrew $224,000
Previous Owner Allen Kenneth E $101,884
Previous Owner Allen Kenneth E $112,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $285,000 0.0% $138 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $285,000 -- $138 / 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 $2,960 $160,934 -- --
2024 $3,859 $146,304 $25,000 $139,880
2023 $3,859 $234,192 $24,000 $1,312
2022 $2,782 $147,998 $0 $0
2021 $2,676 $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

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Map

Source: Stellar MLS

MLS Number: P4922046

Stellar MLS

APN: 28-29-17-937002-000340