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Sold for $130,000
  • $130,000

    524 WASHINGTON AVENUE, LAKE WALES, FL 33853

    2beds
    475sqft
    Single Family Residence
    Built in 1941
    5,807 Square Feet Lot
    $124,200 Zestimate®
    $274/sqft
    $1,098 Estimated rent

    Home value

    $124,200

    $112,000 - $138,000

    $1,098/mo

    Zestimate® history
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    $917/mo

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    What's special

    Cozy bedroomsBrand-new roofFenced large backyardInviting front enclosed porchEat-in kitchen
    This charming 2-bedroom, 1-bathroom home is a TURN KEY ready gem! Perfect for those looking to scale down or seeking an investment property, this lovely residence boasts numerous updates throughout. Upon entering, you'll notice the inviting front enclosed porch, ideal for enjoying your morning coffee or relaxing in the evening. Inside, the home features laminate vinyl plank flooring throughout, providing both durability and aesthetic appeal. Say goodbye to carpet maintenance! The functionality of the home is further enhanced by a brand-new roof, installed in 2023, offering peace of mind for years to come. Additionally, the fenced large backyard with a parking pad offers convenience and security. The layout includes an eat-in kitchen, a hall bath, and two cozy bedrooms, making it both practical and comfortable. Situated in a highly accessible location near Hwy 27 and Alt 17 in historic Lake Wales, this property provides easy access to major highways, as well as the flourishing Lake Wales community's new restaurants and shopping areas. For investors, this property presents a lucrative opportunity with a rate of return of less than 6 years based on market rent in the area. Don't miss out on this fantastic investment potential or the chance to own a beautifully updated home in Lake Wales!

    Zillow last checked:

    Listing updated:

    Listed by:

    Norshawndra Smith 863-508-0081,

    MCO REALTY 407-479-8601,

    Aaliyah Williford,

    MCO REALTY

    Bought with:

    Norshawndra Smith, 3376761

    MCO REALTY

    Source: Stellar MLS,MLS#: S5100068MLS LogoOriginating MLS: Osceola

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Dimensions: 10x12
    Bathroom 1
    • Level: First
    • Dimensions: 5x7
    Kitchen
    • Level: First
    • Dimensions: 8x10
    Living room
    • Level: First
    • Dimensions: 12x8
    Heating
    • Wall Units / Window Unit
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: None
    • Laundry: Gas Dryer Hookup
    Features
    • None
    • Flooring: Laminate, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 435
    • Total interior livable area: 475 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Private Mailbox
    Lot
    • Size: 5,807 Square Feet
    Details
    • Parcel number: 272934872500003010
    • Zoning: R-3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1941

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $274/sqft
    • Tax assessed value: $53,055
    • Annual tax amount: $639
    • Date on market: 3/20/2024
    • Cumulative days on market: 248 days
    • Listing terms: Cash,FHA
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/5/2025Sold$130,000$274/sqft
    Source: Stellar MLS #S5100068 Report a problem
    1/7/2025Pending sale$130,000$274/sqft
    Source: Stellar MLS #S5100068 Report a problem
    9/23/2024Price change$130,000+4%$274/sqft
    Source: Stellar MLS #S5100068 Report a problem
    8/30/2024Price change$125,000+4.3%$263/sqft
    Source: Stellar MLS #S5100068 Report a problem
    7/18/2024Pending sale$119,900$252/sqft
    Source: Stellar MLS #S5100068 Report a problem
    5/21/2024Price change$119,900-7.1%$252/sqft
    Source: Stellar MLS #S5100068 Report a problem
    3/20/2024Listed for sale$129,000+1.6%$272/sqft
    Source: Stellar MLS #S5100068 Report a problem
    7/7/2023Listing removed--
    Source: Stellar MLS #S5081692 Report a problem
    3/8/2023Listed for sale$126,990+1251%$267/sqft
    Source: Stellar MLS #S5081692 Report a problem
    7/17/2002Sold$9,400$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$746 +11.2%$31,334 +10%
    2024$671 +12.4%$28,485 +10%
    2023$597 +21%$25,895 +10%
    2022$493 +16.7%$23,541 +10%
    2021$423 +7.6%$21,401 +8.4%
    2020$393 +4.6%$19,747 +8%
    2019$376 -28%$18,286 +1.6%
    2018$522 +4.4%$18,003 +19.1%
    2017$500 +71.2%$15,113 +10%
    2016$292 +2.1%$13,739 +4.7%
    2015$286 +9.5%$13,124 +10%
    2014$261 -4.3%$11,931 +2.3%
    2013$273 +8.5%$11,659 +10%
    2012$252 -4.9%$10,599 -8.2%
    2011$265 -1.9%$11,550 -3.5%
    2010$270 -53.4%$11,972 -49.8%
    2009$579 -20%$23,842 -26.3%
    2008$724 $32,341
    2007-- --
    2006$822 --
    2005-- --
    2004$422 +4.5%--
    2003$404 +21.2%$15,470 +17.3%
    2002$333 +8.5%$13,190 +8.5%
    2001$307 $12,160
    Find assessor info on the county website

    Neighborhood: 33853

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $124,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $124,200