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421 E SESSOMS AVENUE

Multi-family Recently Sold
$275,000

BTC: 4.21908561

ETH: 144.53601312

Sold on: 2024-05-21
6 days
4 bds
1,560 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1979
Lot:
0.31 Acres
Heating:
Central
Price/sqft:
$176
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$279,000
$275K – $291K
Confidence High
List vs. estimate
At estimate
List $275,000 · -1.4%
List is in line with recent comparable activity.
Price per sq ft
$176
+2.3% vs. city median $172
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,628
2022
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.31 Acres

    Other Property Information

    • Parcel Number: 273001883000018080

    • Zoning: R-2

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Electricity Connected

  • Other financial information

    • Annual tax amount: $1,628

  • Source details

    • MLS ID: A4608375

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Closet

    • Living Area: 1560

    • Water Source: Public

    • Lot Size Dimensions: 75 x 180

    • Subdivision Name: LAKE WALES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FLATFEE.COM