Sold for $275,000

$275,000

421 E SESSOMS AVENUE, LAKE WALES, FL 33853

2beds

1baths

1,560sqft

Duplex, Multi Family

Built in 1979

-- sqft lot

$259,900 Zestimate^®

$176/sqft

$1,062 Estimated rent

Home value

$259,900

$221,000 - $307,000

$1,062/mo

Zestimate^® history

Owner options

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$1,062/mo

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$1,062/mo

Rent Zestimate^®

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$1,847/mo

Est. payment

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$1,847/mo

Est. payment

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What's special

This 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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Laundry: Laundry Closet

Features

Ceiling Fan(s)
Flooring: Tile
Has fireplace: No

Interior area

Total interior livable area: 1,560 sqft

Property

Features

Levels: One
Stories: 1
Exterior features: Other

Lot

Size: 0.31 Acres
Dimensions: 75 x 180

Details

Parcel number: 273001883000018080
Zoning: R-2
Special conditions: None

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Block
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1979

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Pet fee: $0 monthly
Subdivision: LAKE WALES

HOA

Has HOA: No

Location

Region: Lake Wales

Financial & listing details

Price per square foot: $176/sqft
Annual tax amount: $1,628
Date on market: 4/24/2024
Cumulative days on market: 6 days
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Price history

Date	Event	Price
5/21/2024	Sold	$275,000$176/sqft
Source: Stellar MLS #A4608375 Report a problem
5/3/2024	Pending sale	$275,000$176/sqft
Source: Stellar MLS #A4608375 Report a problem
4/24/2024	Listed for sale	$275,000+5.8%$176/sqft
Source: Stellar MLS #A4608375 Report a problem
1/11/2024	Listing removed	--
Source: Stellar MLS #A4581915 Report a problem
10/20/2023	Listed for sale	$260,000$167/sqft
Source: Stellar MLS #A4581915 Report a problem
10/13/2023	Pending sale	$260,000$167/sqft
Source: Stellar MLS #A4581915 Report a problem
10/5/2023	Price change	$260,000-5.5%$167/sqft
Source: Stellar MLS #A4581915 Report a problem
9/7/2023	Listed for sale	$275,000$176/sqft
Source: Stellar MLS #A4581915 Report a problem