Seller's Agent in 2024
Cliff Glansen
FLATFEE.COM
(954) 965-3990
17 in this area
5,545 Total Sales
421 E Sessoms Ave Lake Wales, FL 33853
Estimated Value: $213,000 - $261,885
4
Beds
2
Baths
1,560
Sq Ft
$157/Sq Ft
Est. Value
Highlights
- No HOA
- Tile Flooring
- Ceiling Fan
- Laundry closet
- Central Heating and Cooling System
About This Home
As of May 2024This Duplex located in Historic Downtown Lake Wales. Directly across the street is Crystal Lake Park. The neighborhood and community is very quite close to all of Lake Wales playgrounds, tennis courts, and acres of open fields.
This property is a 2 Bedroom, 1 Bathroom on each side currently yielding $1055 per month in rental income each ($2110 Gross monthly rents). Leases are currently MONTH TO MONTH. The property has a new roof installed in 2022, HVAC systems for both units upgraded in 2018, and the convenience of tankless water heaters. Electrical is on separate meters, water is on a master meter. APPRAISED IN DECEMBER 2022 FOR $285,00, PLEASE SEE LAST PHOTO & MLS ATTACHMENTS.
Last Agent to Sell the Property
FLATFEE.COM Brokerage Phone: 954-965-3990 License #0707077 Listed on: 04/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,628
Year Built
- Built in 1979
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 75x180
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,560 Sq Ft Home
- Ceiling Fan
- Tile Flooring
- Laundry closet
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Lake Wales Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 8 / 18
- Assessor Parcel Number 27-30-01-883000-018080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 24, 2024
Closed on
May 21, 2024
Sold by
Oyster Point Capital A & M Llc
Bought by
Esparza Carlos
Seller's Agent
Cliff Glansen
FLATFEE.COM
Buyer's Agent
Jessica Sippel
LIVE FLORIDA REALTY
List Price
$275,000
Sold Price
$275,000
Views
19
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
-$29,779
Avg. Annual Appreciation
-6.59%
Original Mortgage
$10,000
Outstanding Balance
$3,874
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$241,347
Purchase Details
Closed on
Apr 18, 2022
Sold by
Okrepkie Properties Llc
Bought by
Oyster Point Capital A & M Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2017
Sold by
Rodriguez Basillio E and Rodriguez Nancy
Bought by
Okrepkie Properties Llc
Purchase Details
Closed on
Aug 5, 2005
Sold by
Jatho David C and Hombs Roy M
Bought by
Rodriguez Basillio E and Rodriguez Nancy
Purchase Details
Closed on
Jul 22, 2003
Sold by
Poston Rebekah J
Bought by
Jatho David C and Hombs Roy M
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 |
|---|---|---|---|
| Esparza Carlos | $275,000 | None Listed On Document | |
| Oyster Point Capital A & M Llc | $117,000 | None Listed On Document | |
| Okrepkie Properties Llc | $94,000 | Real Estate Title Services I | |
| Rodriguez Basillio E | $137,000 | Polk Professional Title Ins | |
| Jatho David C | $99,000 | Polk Professional Title Insu |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Esparza Carlos | $10,000 | |
| Open | Esparza Carlos | $270,019 | |
| Previous Owner | Oyster Point Capital A & M Llc | $136,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2024 05/21/24 | Sold | $275,000 | 0.0% | $176 / Sq Ft |
| 04/30/2024 04/30/24 | Pending | -- | -- | -- |
| 04/24/2024 04/24/24 | For Sale | $275,000 | -- | $176 / Sq Ft |
Source: Stellar MLS
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 | $2,436 | $201,960 | $18,500 | $60,120 |
| 2024 | $2,075 | $109,395 | -- | -- |
| 2023 | $2,075 | $99,450 | $18,000 | $2,922 |
| 2022 | $1,628 | $78,945 | $15,000 | $63,945 |
| 2021 | $1,636 | $75,542 | $15,000 | $60,542 |
| 2020 | $1,692 | $77,807 | $15,000 | $62,807 |
| 2018 | $1,757 | $77,731 | $15,000 | $62,731 |
| 2017 | $1,526 | $66,909 | $0 | $0 |
| 2016 | $1,777 | $62,746 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cliff Glansen
-
Jessica Sippel
Buyer's Agent in 2024
Jessica Sippel
LIVE FLORIDA REALTY
(863) 529-2049
4 in this area
56 Total Sales
Map
Source: Stellar MLS
MLS Number: A4608375
APN: 27-30-01-883000-018080
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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