10 months on rocket

331 E St, Lake Wales, FL, 33853

$260,000

Home List Price

$3,088*

Closing Credit

0 Baths
1,008 SqFt
$258/SqFt
Multi

Location

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331 E St, Lake Wales$260,000

Buyer Closing Credits

$3,088*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1950
HeatingCentral
CoolingCentral Air
MLS #S5099484
Lot Size0.18 Acres
StatusActive

About 331 E St

Welcome to an exceptional investment opportunity! This meticulously maintained duplex offers two separate units, each featuring 1 bedroom and 1 bathroom, making it an ideal income-producing property. Nestled in a desirable location, this duplex combines practicality with potential, ensuring a steady stream of rental income. The property has been meticulously maintained, reducing the need for ongoing repairs and maintenance costs. Whether you're a seasoned investor or just starting in the real estate market, this duplex is a fantastic addition to your portfolio. This duplex is not just a property; it's a strategic investment in your financial future. Don't miss the chance to capitalize on the steady income and growth potential offered by this exceptional duplex. Schedule a viewing today and explore the possibilities that await you!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 1,008 SqFt

Listing Office:

  • Office Name: EXIT REALTY 4CORNERS
  • Listing Agent: Carlos DeJesus

Interior Features

Interior Information:

  • Interior: Ninguno

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From US 27 turn left on Washington Ave then left on E St the property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $260,000
  • Price Per SqFt: $258/SqFt

Tax Information:

  • Annual Amount: $620
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Wales, FL.

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Lake Wales, FL

City

Med. Sold Price

$273.2K

Med. Price/SqFt

$175

Avg. Days On Market

76

# of Sold Homes

42

331 E St vs Lake Wales

308 DAYS ON ROCKET

+232 Days

$260,000

-$13.2K Less

$258/SqFt

+$82 More

KEY TAKEAWAY

This property is $13.2K less than the Median Sold Price and $82/SqFt more than other homes in Lake Wales, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #S5099484

Listing Office:

  • Office Name: EXIT REALTY 4CORNERS
  • Listing Agent: Carlos DeJesus

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:19:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2015Home Sold
$69,900
Jun 30, 2006Home Sold
$165,000
Jun 29, 2006Home Sold
$122,700

Tax History

YEARPROP. TAXASSESSMENT
2020$620$23,928
2018$647$24,306
2017$648$24,386

History based on county public records data.

Payment Calculator

$1,365

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$846

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4449400
2
/10

  • Janie Howard Wilson School

  • 306 Florida Ave

  • 0.22 miles

  • Public Charter Grades PK-5

school-card-donut-4449401
2
/10

  • Spook Hill Elementary School

  • 321 Dr J A Wiltshire Ave E

  • 0.71 miles

  • Public District Grades PK-5

school-card-donut-4449402
2
/10

  • Polk Avenue Elementary School

  • 110 E Polk Ave

  • 1.33 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,107. The most common annual income of people living in Lake Wales, FL is less than $35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Polk County›Lake Wales›33853›331 E St

This home is located at 331 E St in Lake Wales, FL and zip code 33853. This 1,008 square foot home, which was built in 1950, sits on a 0.18 acre lot. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $260,000.

While more than 3 listings in Lake Wales, FL in November 2024 were sold above asking price, there were more than 18 listings sold at asking price, and more than 21 were sold below. The number of homes for sale in Lake Wales, FL increased by 9.4% between October 2024 and November 2024. While the average time on the market in November 2024 was 76 days, the median list price was $273,204.

From Rocket Homes Real Estate and based on county public records data.

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