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Sold for $190,000
  • $190,000

    514 S 7th St, Lake Wales, FL 33853

    3beds
    1,264sqft
    Single Family Residence
    Built in 1946
    0.26 Acres Lot
    $183,300 Zestimate®
    $150/sqft
    $1,469 Estimated rent

    Home value

    $183,300

    Estimated sales range

    Not available

    $1,469/mo

    Zestimate® history
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    What's special

    Oversized lotNewer roofNew windowsBrand-new kitchen
    One or more photo(s) has been virtually staged. MOVE-IN READY! This beautifully renovated home sits on an oversized lot in the heart of Lake Wales, offering both comfort and convenience. Recent updates include a newer roof (2021), A/C (2019), a brand-new kitchen, and new windows. The home features durable, high-traffic LifeProof 22-mil Dusk Cherry vinyl flooring, known for its stylish appearance and resilience. Freshly painted inside and out, the property exudes a modern and welcoming atmosphere. Located just minutes from shopping, Lake Wailes Lake, Bok Tower Gardens, schools, and hospitals, this home is ideal for anyone eager to enjoy the best of Lake Wales living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Betancourt 407-375-9142,

    EXP REALTY LLC 407-375-9142,

    Luis Mendez 407-790-6232,

    EXP REALTY LLC

    Bought with:

    Susan Shubert, 3444628

    CENTURY 21 WATSON & MYERS REALTY

    Source: Stellar MLS,MLS#: O6267383MLS LogoOriginating MLS: Orlando Regional

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 2
    • Features: Built-in Closet
    • Level: First
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Area: 108 Square Feet
    • Dimensions: 9x12
    Bathroom 1
    • Level: First
    • Area: 80 Square Feet
    • Dimensions: 10x8
    Dining room
    • Level: First
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Kitchen
    • Features: Breakfast Bar, Kitchen Island, Granite Counters
    • Level: First
    • Area: 135 Square Feet
    • Dimensions: 15x9
    Living room
    • Level: First
    • Area: 220 Square Feet
    • Dimensions: 20x11
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Washer Hookup
    Features
    • Ceiling Fan(s)
    • Flooring: Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,408
    • Total interior livable area: 1,264 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Lighting, Private Mailbox
    • Fencing: Fenced
    Lot
    • Size: 0.26 Acres
    • Dimensions: 75 x 150
    • Features: Oversized Lot, Sidewalk
    Details
    • Parcel number: 273012920500001150
    • Zoning: R-3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Crawlspace, Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: PALM PARK TERRACE
    HOA
    • Has HOA: No
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $150/sqft
    • Tax assessed value: $147,711
    • Annual tax amount: $3,138
    • Date on market: 1/6/2025
    • Cumulative days on market: 151 days
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    7/21/2025Sold$190,000-11.6%$150/sqft
    Source: Stellar MLS #O6267383 Report a problem
    6/13/2025Pending sale$214,900$170/sqft
    Source: Stellar MLS #O6267383 Report a problem
    6/7/2025Listing removed$214,900$170/sqft
    Source: Stellar MLS #O6267383 Report a problem
    4/25/2025Price change$214,900-4.5%$170/sqft
    Source: Stellar MLS #O6267383 Report a problem
    2/25/2025Price change$225,000-2.2%$178/sqft
    Source: Stellar MLS #O6267383 Report a problem
    2/10/2025Price change$230,000-2.1%$182/sqft
    Source: Stellar MLS #O6267383 Report a problem
    1/6/2025Listed for sale$235,000+193.8%$186/sqft
    Source: Stellar MLS #O6267383 Report a problem
    10/30/2024Listing removed$80,000-54.3%$63/sqft
    Source: Stellar MLS #O5979171 Report a problem
    10/30/2023Listing removed--
    Source: Stellar MLS #O5979171 Report a problem
    3/3/2022Sold$175,000+6.1%$138/sqft
    Source: Public Record Report a problem
    1/15/2022Pending sale$165,000$131/sqft
    Source: Stellar MLS #S5061158 Report a problem
    1/11/2022Listed for sale$165,000+73.7%$131/sqft
    Source: Stellar MLS #S5061158 Report a problem
    11/2/2021Sold$95,000+18.8%$75/sqft
    Source: Public Record Report a problem
    10/14/2021Pending sale$80,000$63/sqft
    Source: Stellar MLS #O5979171 Report a problem
    10/12/2021Listed for sale$80,000+190.9%$63/sqft
    Source: Stellar MLS #O5979171 Report a problem
    6/23/2015Sold$27,500$22/sqft
    Source: Stellar MLS #P4705330 Report a problem
    6/16/2015Pending sale$27,500$22/sqft
    Source: RE/MAX ASSOCIATE REALTY #P4705330 Report a problem
    5/20/2015Listed for sale$27,500-29.5%$22/sqft
    Source: RE/MAX ASSOCIATE REALTY #P4705330 Report a problem
    10/26/1993Sold$39,000$31/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,977 -0.5%$147,711 -5.4%
    2024$2,993 +3.7%$156,144 +5.1%
    2023$2,886 +12.5%$148,599 +8.9%
    2022$2,565 +350.1%$136,452 +116.4%
    2021$570 +0%$63,062 +1.4%
    2020$570 -1.3%$62,191 +2.3%
    2019$577 -20.2%$60,793 +17.5%
    2018$723 -40.7%$51,725 +5%
    2017$1,219 +28.2%$49,273 +10%
    2016$951 -0.5%$44,794 +2.3%
    2015$956 +7.8%$43,778 +10%
    2014$887 +2.9%$39,798 +10%
    2013$862 +19.6%$36,180 +19.2%
    2012$721 +3.6%$30,343 +0.1%
    2011$695 -25.5%$30,327 -26.7%
    2010$934 -32.7%$41,391 -27.5%
    2009$1,388 -22.4%$57,107 -28.5%
    2008$1,789 $79,892
    2007-- --
    2006$1,922 --
    2005-- --
    2004$1,095 +5.8%--
    2003$1,035 -2.2%$39,660 -5.4%
    2002$1,059 +22.1%$41,920 +22.1%
    2001$867 $34,330
    Find assessor info on the county website

    Neighborhood: 33853

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $183,300
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    Estimated market value
    $183,300