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Sold for $240,000
  • $240,000

    525 N 3rd St, Lake Wales, FL 33853

    6beds
    3baths
    2,192sqft
    Duplex, Multi Family
    Built in 1938
    -- sqft lot
    $274,000 Zestimate®
    $109/sqft
    $1,461 Estimated rent

    Home value

    $274,000

    $249,000 - $299,000

    $1,461/mo

    Zestimate® history
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    What's special

    Large parking padLaminate plank flooringCeramic tile flooring throughoutSports fieldsLaundry rmTiled wallsCathedral ceiling
    *ATTENTION INVESTORS* RESIDENTIAL INCOME PROPERTY! Outstanding opportunity to acquire this property with 4 BD/ 2 BA home with detached 2 BD/ 1 BA situated in a quiet, sidewalk neighborhood. These residences were generously updated in 2017 with new roofing, plumbing, windows, flooring and more. The main house offers nice sized rooms including adjacent living and dining rooms, kitchen, laundry rm. and 2 bedrooms and full bath with tiled walls and tub downstairs. Ceiling fans hang in all the rooms and the downstairs master bdrm. has dual closets. The upstairs provides 2 bedrooms with a tile shower stall bathroom between them. An alley way gives access to the large parking pad in the rear of the home, and to the front entrance of the detached 2 BD/ 1 BA dwelling. This unit has cathedral ceiling in living room, eat-in kitchen, ceramic tile flooring throughout living areas and bedrooms, laminate plank flooring covers the large bathroom that also has washer & dryer. The kitchen offers wood cabinetry, tile counter tops, breakfast bar, pantry and space for dinette. This intown location gives the option of “getting your steps in,” with walking distance to schools, sports fields and city parks. Current long term tenant in place in main home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Farrar 863-528-3771,

    1513 REALTY LLC 863-431-2000

    Bought with:

    Drew Farrar, 3267807

    1513 REALTY LLC

    Source: Stellar MLS,MLS#: K4902138MLS LogoOriginating MLS: Lake Wales

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 3
    Heating
    • Wall Units / Window Unit
    Cooling
    • Ductless, Wall/Window Unit(s)
    Appliances
    • Included: Range, Range Hood, Refrigerator
    Features
    • Ceiling Fan(s), Eating Space In Kitchen, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total structure area: 2,192
    • Total interior livable area: 2,192 sqft

    Property

    Parking
    • Parking features: Driveway
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Awning(s), Lighting, Sidewalk
    Lot
    • Size: 8,577 Square Feet
    • Features: City Lot, Level, Near Public Transit, Sidewalk
    Details
    • Parcel number: 273002909610004030
    • Zoning: R-3
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Wood Frame
    • Foundation: Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1938

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: ALTA VISTA ADD/LK WALES
    HOA
    • Has HOA: No
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $109/sqft
    • Tax assessed value: $177,277
    • Annual tax amount: $2,450
    • Date on market: 5/16/2023
    • Cumulative days on market: 35 days
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    9/15/2023Sold$240,000-4%$109/sqft
    Source: Stellar MLS #K4902138 Report a problem
    6/29/2023Pending sale$249,900$114/sqft
    Source: Stellar MLS #K4902138 Report a problem
    6/24/2023Listed for sale$249,900$114/sqft
    Source: Stellar MLS #K4902138 Report a problem
    6/15/2023Listing removed--
    Source: Stellar MLS #K4902138 Report a problem
    5/16/2023Listed for sale$249,900+98.3%$114/sqft
    Source: Stellar MLS #K4902138 Report a problem
    1/12/2018Sold$126,000-4.2%$57/sqft
    Source: Stellar MLS #W7635476 Report a problem
    11/30/2017Price change$131,500-5.7%$60/sqft
    Source: MLSTOSELL.COM INC #W7635476 Report a problem
    11/17/2017Listed for sale$139,500+281.1%$64/sqft
    Source: MLSTOSELL.COM INC #W7635476 Report a problem
    3/17/2017Sold$36,600+18.1%$17/sqft
    Source: Public Record Report a problem
    4/11/2014Sold$31,000-22.3%$14/sqft
    Source: Stellar MLS #P4627111 Report a problem
    3/22/2014Price change$39,900+2.3%$18/sqft
    Source: MIDFLORIDA Real Estate Sales LLC #P4627778 Report a problem
    2/21/2014Price change$39,000-21.8%$18/sqft
    Source: MIDFLORIDA Real Estate Sales LLC #P4627778 Report a problem
    9/11/2013Listed for sale$49,900+91.9%$23/sqft
    Source: MIDFLORIDA Real Estate Sales LLC #P4627111 Report a problem
    7/7/1999Sold$26,000+225%$12/sqft
    Source: Public Record Report a problem
    4/8/1999Sold$8,000$4/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,573 -1%$177,277 -5.9%
    2024$3,610 +43%$188,314 +65.1%
    2023$2,525 +17%$114,057 +10%
    2022$2,158 +15.2%$103,688 +10%
    2021$1,874 +9.9%$94,262 +10%
    2020$1,705 +2.5%$85,693 +5.3%
    2019$1,664 -14.9%$81,361 +8.7%
    2018$1,956 +6%$74,847 +88%
    2017$1,845 +74.4%$39,813 -20.1%
    2016$1,058 +6.3%$49,807 +8.3%
    2015$995 +9.9%$45,971 +11.2%
    2014$905 -19.2%$41,350 -13.7%
    2013$1,121 +1.4%$47,933 +3%
    2012$1,105 -3.2%$46,519 -6.5%
    2011$1,141 -18.6%$49,778 -19.9%
    2010$1,402 -23.1%$62,163 -17.1%
    2009$1,823 -10.8%$75,004 -17.8%
    2008$2,043 $91,222
    2007-- --
    2006$2,195 --
    2005-- --
    2004$1,681 +5%--
    2003$1,601 +32.3%$61,350 +28%
    2002$1,210 +10.2%$47,920 +10.2%
    2001$1,098 $43,480
    Find assessor info on the county website

    Neighborhood: 33853

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $274,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $274,000