C
Seller's Agent in 2025
Carlos Matos
TRANSCONTINENTAL REALTY GROUP,
(407) 223-3713
2 in this area
52 Total Sales
627 Washington Ave Lake Wales, FL 33853
--
Bed
--
Bath
2,096
Sq Ft
5,663
Sq Ft Lot
Highlights
- No HOA
- Ceiling Fan
- High Speed Internet
- Central Heating and Cooling System
About This Home
As of April 2025Looking for an investment opportunity? Well look no further! This duplex is nestled in the beautiful city of Lake Wales. There are tenants currently occupying both units, so you can begin to generate revenue on day one! This property’s generous lot, quiet location, and convenient access to the major interstate roads make it an ideal rental option for tenants seeking flexibility and potential income. Each unit is 2 bedroom and 1 bathroom and are both nearly 1,152 living sq. ft. With monthly rents totaling $2,600 and an annual gross income of $31,200. So call today to get in on the action before this amazing opportunity slips away! NO FLOOD ZONE, NO CDD, NO HOA. Don’t miss this unique opportunity—contact me today to schedule a showing!
Last Agent to Sell the Property
TRANSCONTINENTAL REALTY GROUP, Brokerage Phone: 407-401-8522 License #3365289 Listed on: 01/30/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,507
Year Built
- Built in 1966
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,096 Sq Ft Home
- Ceiling Fan
- Laundry Located Outside
Parking
- 2 Carport Spaces
- 2 Parking Garage Spaces
Schools
- Polk Avenue Elementary School
- Mclaughlin Middle School
- Lake Wales Senior High School
Utilities
- Central Heating and Cooling System
- Septic Tank
- High Speed Internet
- Cable TV Available
Additional Features
- Private Mailbox
- 5,663 Sq Ft Lot
Community Details
- No Home Owners Association
- 2 Units
- Washington Park Unit No 2 Pb 31 Pg 57 Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 27-29-34-872500-007010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2025
Closed on
May 20, 2025
Sold by
Lady One Enterprises Inc
Bought by
Lakes Wales 627 Llc
Seller's Agent
Carlos Matos
TRANSCONTINENTAL REALTY GROUP,
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$225,000
Sold Price
$225,000
Views
14
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
-$3,320
Avg. Annual Appreciation
-3.65%
Original Mortgage
$157,500
Outstanding Balance
$132,683
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$88,997
Purchase Details
Listed on
Jan 30, 2025
Closed on
Apr 25, 2025
Sold by
Solomon George
Bought by
Lady One Enterprises Inc
Seller's Agent
Carlos Matos
TRANSCONTINENTAL REALTY GROUP,
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$225,000
Sold Price
$225,000
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Outstanding Balance
$132,683
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$88,997
Purchase Details
Closed on
Nov 28, 2023
Sold by
Proia Steve and Proia Gabrielle
Bought by
Solomon George
Purchase Details
Closed on
Jun 9, 2023
Sold by
627 Washington Ave Llc
Bought by
Proia Steven and Proia Gabrielle
Purchase Details
Closed on
Mar 8, 2023
Sold by
Proia Steven and Proia Gabrielle
Bought by
627 Washington Ave Llc
Purchase Details
Listed on
Feb 5, 2021
Closed on
Apr 28, 2021
Sold by
Brightlite Homes 1 Llc
Bought by
Proia Steven and Proia Gabrielle
Seller's Agent
Nydia Pino, PA
REALTY ONE GROUP MAGIC CITY
Buyer's Agent
Tyler Gibson
LPT REALTY, LLC
List Price
$124,000
Sold Price
$124,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%
Original Mortgage
$93,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 18, 2020
Sold by
Smith Michael E and Smith Michelle E
Bought by
Brightlite Homes 1 Llc and Lake Wales Duplex Rebuild Land Trust
Purchase Details
Closed on
Dec 31, 1998
Sold by
Smith Morris E
Bought by
Smith Michael E and Smith Michelle E
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $150,000 | None Listed On Document | |
| Quit Claim Deed | $150,000 | None Listed On Document | |
| Warranty Deed | $225,000 | New Place Title | |
| Warranty Deed | $225,000 | New Place Title | |
| Warranty Deed | $200,000 | East Coast Title & Escrow Llc | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $124,000 | Florida Fidelity T&E Llc | |
| Warranty Deed | $39,000 | Title Pros Of Florida Llc | |
| Warranty Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,500 | New Conventional | |
| Closed | $157,500 | New Conventional | |
| Previous Owner | $93,000 | New Conventional | |
| Previous Owner | $33,858 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2025 04/26/25 | Sold | $225,000 | 0.0% | $107 / Sq Ft |
| 02/11/2025 02/11/25 | Pending | -- | -- | -- |
| 01/30/2025 01/30/25 | For Sale | $225,000 | +81.5% | $107 / Sq Ft |
| 04/28/2021 04/28/21 | Sold | $124,000 | 0.0% | $97 / Sq Ft |
| 03/15/2021 03/15/21 | Pending | -- | -- | -- |
| 03/14/2021 03/14/21 | Price Changed | $124,000 | 0.0% | $97 / Sq Ft |
| 03/14/2021 03/14/21 | For Sale | $124,000 | 0.0% | $97 / Sq Ft |
| 03/12/2021 03/12/21 | Off Market | $124,000 | -- | -- |
| 02/10/2021 02/10/21 | Pending | -- | -- | -- |
| 02/05/2021 02/05/21 | For Sale | $109,000 | -- | $85 / 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 | $4,589 | $201,960 | $6,200 | $85,603 |
| 2024 | $2,795 | $224,400 | $6,200 | $84,715 |
| 2023 | $2,795 | $101,911 | $0 | $0 |
| 2022 | $2,030 | $92,646 | $5,000 | $87,646 |
| 2021 | $1,777 | $75,388 | $5,000 | $70,388 |
| 2020 | $850 | $28,222 | $5,000 | $23,222 |
| 2018 | $887 | $28,854 | $5,000 | $23,854 |
| 2017 | $887 | $28,986 | $0 | $0 |
| 2016 | $883 | $28,000 | $0 | $0 |
| 2015 | $572 | $26,436 | $0 | $0 |
| 2014 | $621 | $28,360 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Carlos Matos
-
Stellar Non-Member Agent
S
Buyer's Agent in 2025
Stellar Non-Member Agent
FL_MFRMLS
-
Nydia Pino, PA
Seller's Agent in 2021
Nydia Pino, PA
REALTY ONE GROUP MAGIC CITY
(954) 804-4971
2 in this area
94 Total Sales
-
Tyler Gibson
Buyer's Agent in 2021
Tyler Gibson
LPT REALTY, LLC
(407) 805-1986
4 in this area
189 Total Sales
Map
Source: Stellar MLS
MLS Number: S5119695
APN: 27-29-34-872500-007010
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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