NOT LISTED FOR SALE

916 S Scenic Hwy Lake Wales, FL 33853

Estimated Value: $240,000 - $272,000

2 Beds
1 Bath
1,165 Sq Ft
$221/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $242,000 $208 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,604/month

30 Days on Market

Highlights

  • No HOA
  • Solid Wood Cabinet
  • Outdoor Storage
  • Family Room Off Kitchen
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of September 2023

Don't miss out on your next Investment property OR make this your primary residence with the benefit of being able to rent out the other side! 1 bedroom/1bathroom on each side. Brand New Roof! One side is vacant & the other is rented. Large lot! Vacant side has been tastefully updated and features brand new waterproof LVP flooring! Brand-new stainless-steel appliances, new Kitchen, and other updates throughout! AC blows cold in both units. Very desirable rental area! Laundry/storage room in the back with washer and dryer hookups. Separate electric meters-1 water meter. Both units have separate attic spaces and covered porches.
A large lot AND in a nice quiet part of town. Minutes from the downtown historic area of Lake Wales! Conveniently located near restaurants (like the delicious seafood restaurant right by the property) activities, and major highways!
Don't miss out on this one!!

Last Agent to Sell the Property

Scott Fader

JOSEPH WALTER REALTY LLC Brokerage Phone: 248-294-7850 License #3491231 Listed on: 03/28/2023

Last Buyer's Agent

Rachel Roetter

RAI REALTY SERVICES LLC License #3434518

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,759

Year Built

  • Built in 1986

Lot Details

  • 0.28

Parking

  • 1 Carport Space

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • Walk-In Closet
  • 1,165 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Solid Wood Cabinet

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 0.28 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Ridge Manor Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,759

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1165
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 12053
  • Directions to Property: S Scenic Highway, South of Hesperides between Winston Ave and Ridge Manor Drive.
  • Status: Sold
  • Street Direction: S
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 549278076
  • RATIO Current Price By Calculate: 207.73
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Foundation Details: Slab
  • Street Number Modifier: 916
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 108.23

Exterior Features

  • Exterior Features: Other, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22
  • Flood Zone Panel: 12105C0565H

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Street Lights, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • 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: R-2
  • Parcel Number: 27-30-11-916000-007040
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 1120

Green Features

  • Green Verification Count: 0

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 2
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 1759
  • Tax Block: 7
  • Tax Book Number: 19-16
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2023
Sold by
All Coast Property Group Llc
Bought by
Albury Claudius James
Current Estimated Value
$258,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,616
Outstanding Balance
$232,192
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$18,595

Purchase Details

Closed on
Dec 12, 2022
Sold by
Berry Cynthia R
Bought by
All Coast Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2015
Sold by
Stephens James W and Stephens Annette F
Bought by
Berry Cynthia R

Purchase Details

Closed on
Mar 23, 2010
Sold by
Berry Cynthia R
Bought by
Stephens James W and Stephens Annette F

Purchase Details

Closed on
Aug 11, 2006
Sold by
Wills Bruce E
Bought by
Berry Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 1998
Sold by
M A Grondin Tr
Bought by
Grondin Daniel M and Grondin Gary C
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 Buyer Sale Price Title Company
Albury Claudius James $242,000 Magnolia Title
All Coast Property Group Llc $135,000 Title Now Llc
Berry Cynthia R $80,000 None Available
Stephens James W -- None Available
Berry Cynthia R $100,000 None Available
Grondin Daniel M $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albury Claudius James $237,616
Previous Owner All Coast Property Group Llc $108,000
Previous Owner Berry Cynthia R $25,000
Previous Owner Berry Cynthia R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $242,000 +3.0% $208 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
03/28/2023 03/28/23 For Sale $234,900 -- $202 / 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
2023 $2,286 $114,750 $12,000 $1,399
2022 $1,759 $68,676 $0 $0
2021 $1,730 $62,433 $0 $0
2020 $1,504 $56,757 $10,000 $46,757
2018 $1,484 $57,815 $10,000 $47,815
2017 $1,437 $54,996 $0 $0
2016 $1,347 $50,986 $0 $0
2015 $711 $46,908 $0 $0
2014 $1,189 $45,011 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4565553

Stellar MLS

APN: 27-30-11-916000-007040