T
Seller's Agent in 2026
Tom Novack
HOSANNA REAL ESTATE SERVICES
(863) 698-7858
1 in this area
5 Total Sales
8
Beds
4
Baths
2,668
Sq Ft
6,534
Sq Ft Lot
Highlights
- No HOA
- Ceiling Fan
- Heating Available
- Balcony
- Dogs and Cats Allowed
About This Home
As of March 2026Introducing 224 C street in the tranquil, fast growing city of Lake Wales. This 4-plex offers a steady and reliable source of income, complete with existing tenants. Each of these 2 bedroom one bath units have been recently COMPLETELY REMODELED. Investors will appreciate the immediate cash flow and associated peace of mind. The building offers low maintenance vinyl siding and ALL TENANTS PAY THEIR OWN UTILITIES. A NEW ROOF RATED AT 160 MPH was installed in March, 2024. Each unit rents from $ 1000 to $ 1200/month. So whether you are an experienced investor looking to expand your portfolio or a novice seeking a rliable investment, this property is a testament to the wisdom of real estate ownership in Lake Wales. Also, this property is an excellent addition to any 1031 exchange package. Don't miss this opportunity. Listiing broker has a financial interest in this listing.
Last Agent to Sell the Property
HOSANNA REAL ESTATE SERVICES Brokerage Phone: 863-698-7868 License #3245341 Listed on: 11/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,065
Year Built
- Built in 1947
Lot Details
- 6,384 Sq Ft Lot
- Lot Dimensions are 48 x 133
Home Design
- Quadruplex
- Bi-Level Home
- Pillar, Post or Pier Foundation
- Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,668 Sq Ft Home
- Ceiling Fan
- Range with Range Hood
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Balcony
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity, sewer, trash collection, water
- Assessor Parcel Number 27-29-35-879000-003142`
Community Details
Overview
- No Home Owners Association
- 2,844 Sq Ft Building
- Lake Wales Land Co Sub Subdivision
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2025
Closed on
Feb 6, 2026
Sold by
Clarke Wayne S and Clarke Jessica Ryan
Bought by
Torres Joseph Sisco
Seller's Agent
Tom Novack
HOSANNA REAL ESTATE SERVICES
Buyer's Agent
Joseph SiscoTorres
LPT REALTY, LLC
List Price
$399,950
Sold Price
$385,000
Premium/Discount to List
-$14,950
-3.74%
Views
10
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.47%
Original Mortgage
$378,026
Outstanding Balance
$378,026
Interest Rate
6.18%
Mortgage Type
FHA
Estimated Equity
-$1,186
Purchase Details
Closed on
Jul 11, 2024
Sold by
Oli Inc
Bought by
Clarke Wayne S and Ryan Jessica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.99%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 21, 2021
Sold by
Novack Thomas E and Novack Tina A
Bought by
Oli Inc
Purchase Details
Closed on
Jan 10, 2019
Sold by
Meridian Trust Llc
Bought by
Gold Label Holdings Llc
Purchase Details
Closed on
Jan 9, 2019
Sold by
Mack Jerome and Mack Revocable Trust
Bought by
Meridian Trust Llc
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 |
|---|---|---|---|
| Warranty Deed | $385,000 | None Listed On Document | |
| Warranty Deed | $1,428 | None Listed On Document | |
| Warranty Deed | $1,428 | None Listed On Document | |
| Warranty Deed | $310,000 | Attorney | |
| Warranty Deed | $79,900 | Giannell Title Llc | |
| Deed | $89,900 | Stonebridge Title Group Llc | |
| Warranty Deed | $51,000 | Giannell Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $378,026 | FHA | |
| Previous Owner | $346,500 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | Sold | $385,000 | -3.7% | $144 / Sq Ft |
| 12/19/2025 12/19/25 | Pending | -- | -- | -- |
| 11/19/2025 11/19/25 | For Sale | $399,950 | -- | $150 / 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 | $3,065 | $403,920 | $6,200 | $41,539 |
| 2024 | $3,169 | $56,786 | -- | -- |
| 2023 | $3,169 | $51,624 | -- | -- |
| 2022 | $1,170 | $46,931 | $5,000 | $41,931 |
| 2021 | $1,109 | $41,584 | $5,000 | $36,584 |
| 2020 | $1,754 | $73,650 | $5,000 | $68,650 |
| 2018 | $1,284 | $48,028 | $5,000 | $43,028 |
| 2017 | $1,288 | $48,418 | $0 | $0 |
| 2016 | $1,278 | $46,607 | $0 | $0 |
| 2015 | $949 | $43,839 | $0 | $0 |
| 2014 | $1,036 | $47,337 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Novack
-
Joseph SiscoTorres
J
Buyer's Agent in 2026
Joseph SiscoTorres
LPT REALTY, LLC
(407) 297-8500
1 in this area
5 Total Sales
Source: Stellar MLS
MLS Number: L4957393
APN: 27-29-35-879000-003142
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Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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