$160,000
SOLD JUN 4, 2025

325 Dorsett Ave Unit A/B Lake Wales, FL 33853

4 Beds
2 Baths
1,420 Sq Ft
6,190 Sq Ft Lot

Recently Sold

$113 Per Sq Ft

6% Below List Price

172 Days on Market

Highlights

  • No HOA
  • Ceiling Fan
  • 3-minute walk to Howell Family Park
  • Bartow Senior High School Rated A-
  • Heating Available

About This Home

As of June 2025

***Back on Market. With a brand new roof and a Lower price*** Previous financing fell through. I have a motivated seller! block construction duplex in Lake Wales features two 2 bed, 1 bath units, each currently rented at $800/month. With rental comps in the area at $1,100/month, there’s excellent potential to increase cash flow. This property is easily maintained thanks to its solid block construction, making it a hassle-free investment. A great opportunity for investors looking for steady income and room for growth in rental rates!Both Leases that are in place expire in December

Last Agent to Sell the Property

David Fleming

BHHS FLORIDA PROPERTIES GROUP Brokerage Phone: 863-940-4850 License #3525300 Listed on: 10/28/2024

BHHS FLORIDA PROPERTIES GROUP

Last Buyer's Agent

Kenia Palacios

FLORIDA REALTY MARKETPLACE License #3170030

FLORIDA REALTY MARKETPLACE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,853

Year Built

  • Built in 1961

Lot Details

  • 6,190 Sq Ft Lot
  • Lot Dimensions are 46x134

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,420 Sq Ft Home
  • Ceiling Fan
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Thulberrys Second Sub Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,853

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1420
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1961
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 6190
  • Tenant Pays: Electricity, Gas, Trash Collection, Water
  • Directions to Property: from SR 17 headed north. Take a left turn on JA Wiltshire ave, and follow to MLK ave. turn left travel two blocks turn left. the property will be on your right.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Lakeland
  • Escrow Postal Code: 33801
  • Escrow State: FL
  • Escrow Street Name: Lake Morton Dr.
  • Escrow Street Number: 44
  • List Office Head Office Key Nume: 523997490
  • RATIO Current Price By Calculate: 112.68
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 863-940-4850
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 325
  • Living Area Meters: 131.92

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: IND
  • Parcel Number: 27-30-02-899000-008130
  • Additional Parcels: No
  • Lot Dimensions: 46x134
  • Flood Zone Code: x
  • Lot Size Square Meters: 575

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 1600
  • Terms Of Lease: Other

Multi Family

  • Number Of Units Total: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 2
  • Total Monthly Expenses: 0

Tax Info

  • Tax Annual Amount: 1853.13
  • Tax Block: 8
  • Tax Book Number: 24-21
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Jun 4, 2025
Sold by
Robinson Heather Johnson and Robinson Sydney
Bought by
Dos Santos Jennifer
Seller's Agent
David Fleming
BHHS FLORIDA PROPERTIES GROUP
Buyer's Agent
Kenia Palacios
FLORIDA REALTY MARKETPLACE
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Views
67
Current Estimated Value
$167,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,282
Avg. Annual Appreciation
12.78%
Original Mortgage
$128,000
Outstanding Balance
$127,668
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$39,614

Purchase Details

Listed on
Oct 15, 2018
Closed on
Oct 31, 2018
Sold by
Dorset Ave B Llc
Bought by
Robinson Heather Johnson and Robinson Sydney
Seller's Agent
Michelle Heath
CENTURY 21 MYERS REALTY LAKE WALES
Buyer's Agent
Mohamed Khan
KELLER WILLIAMS ADVANTAGE III
List Price
$59,900
Sold Price
$62,000
Premium/Discount to List
$2,100
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.45%

Purchase Details

Closed on
Dec 1, 2009
Sold by
Shaw George E and Johnson Jacqueline Shaw
Bought by
Johnson Jacqueline Shaw and Johnson Herman J

Purchase Details

Closed on
Mar 5, 2008
Sold by
Johnson Jacqueline Shaw
Bought by
Johnson Jacqueline Shaw and Shaw George E
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $160,000 Advantage Title Services
Warranty Deed $160,000 Advantage Title Services
Warranty Deed $62,000 Lake Wales Title Company Llc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 New Conventional
Closed $128,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2025 06/04/25 Sold $160,000 -5.8% $113 / Sq Ft
04/18/2025 04/18/25 Pending -- -- --
04/11/2025 04/11/25 Price Changed $169,900 0.0% $120 / Sq Ft
04/11/2025 04/11/25 For Sale $169,900 -3.7% $120 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $176,500 -4.5% $124 / Sq Ft
03/31/2025 03/31/25 Price Changed $184,900 0.0% $130 / Sq Ft
03/31/2025 03/31/25 For Sale $184,900 +15.6% $130 / Sq Ft
01/16/2025 01/16/25 Pending -- -- --
01/15/2025 01/15/25 Off Market $160,000 -- --
11/13/2024 11/13/24 Price Changed $194,900 -11.4% $137 / Sq Ft
11/05/2024 11/05/24 Price Changed $219,900 -4.3% $155 / Sq Ft
11/04/2024 11/04/24 Price Changed $229,900 -4.2% $162 / Sq Ft
10/28/2024 10/28/24 For Sale $239,900 +286.9% $169 / Sq Ft
10/31/2018 10/31/18 Sold $62,000 +3.5% $44 / Sq Ft View Prior Sale
10/17/2018 10/17/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $59,900 -- $42 / 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 $1,825 $54,423 -- --
2024 $1,853 $49,475 -- --
2023 $1,853 $44,977 $0 $0
2022 $913 $40,888 $5,000 $35,888
2021 $917 $39,134 $5,000 $34,134
2020 $1,065 $46,264 $5,000 $41,264
2018 $643 $24,031 $5,000 $19,031
2017 $643 $24,137 $0 $0
2016 $640 $23,346 $0 $0
2015 $478 $22,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4948447

Stellar MLS

APN: 27-30-02-899000-008130