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Sold for $95,000
  • $95,000

    555 Morrel Ave, Lake Wales, FL 33859

    2beds
    624sqft
    Single Family Residence
    Built in 1950
    5,140 Square Feet Lot
    $94,900 Zestimate®
    $152/sqft
    $1,126 Estimated rent

    Home value

    $94,900

    $88,000 - $102,000

    $1,126/mo

    Zestimate® history
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    What's special

    Metal roofSmall workshop insideOversized lotVinyl siding
    This home is a charming 2 bedroom 1 bath home on a oversized lot with no HOA, great for the first time homebuyer or a small family. The home has a great front porch, perfect for relaxing and having a cup of coffee. Once entering into the home is the living room which leads into the kitchen. There is another enclosed porch which has windows that brings in all the sunlight. The home has a metal roof and vinyl siding. The outside had a garage and a small workshop inside, along with a metal roof. There is a playground just around the corner. Please don't miss the opportunity to view this home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joni Reiter 863-287-8274,

    COLDWELL BANKER REALTY 863-294-7541

    Bought with:

    Joni Reiter, 3340546

    COLDWELL BANKER REALTY

    Source: Stellar MLS,MLS#: P4934119MLS LogoOriginating MLS: East Polk

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Bedroom 2
    • Features: Ceiling Fan(s), Built-in Closet
    • Level: First
    • Area: 110 Square Feet
    • Dimensions: 10x11
    Balcony porch lanai
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 152 Square Feet
    • Dimensions: 8x19
    Balcony porch lanai
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 105 Square Feet
    • Dimensions: 7x15
    Kitchen
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 108 Square Feet
    • Dimensions: 12x9
    Living room
    • Features: Ceiling Fan(s)
    • Level: First
    • Area: 180 Square Feet
    • Dimensions: 12x15
    Heating
    • None
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: In Garage
    Features
    • Ceiling Fan(s)
    • Flooring: Linoleum, Hardwood
    • Has fireplace: No
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 896
    • Total interior livable area: 624 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: RV Access/Parking, Workshop in Garage
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Enclosed, Front Porch, Rear Porch
    • Exterior features: Rain Gutters, Storage
    Lot
    • Size: 5,140 Square Feet
    • Dimensions: 57 x 90
    • Features: Cleared, Corner Lot, In County
    • Residential vegetation: Trees/Landscaped
    Details
    • Additional structures: Shed(s), Workshop
    • Parcel number: 273006913000018210
    • Zoning: R-3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Wood Frame
    • Foundation: Crawlspace
    • Roof: Metal
    Condition
    • Completed
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Cable Available, Electricity Connected, Water Connected

    Community & HOA

    Community
    • Features: Playground
    • Pet fee: $0 monthly
    • Subdivision: WEST LAKE WALES
    HOA
    • Has HOA: No
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $152/sqft
    • Tax assessed value: $67,766
    • Annual tax amount: $1,310
    • Date on market: 3/15/2025
    • Cumulative days on market: 405 days
    • Listing terms: Cash,USDA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/12/2026Sold$95,000-20.8%$152/sqft
    Source: Stellar MLS #P4934119 Report a problem
    5/4/2026Pending sale$120,000$192/sqft
    Source: Stellar MLS #P4934119 Report a problem
    4/10/2026Price change$120,000-31.4%$192/sqft
    Source: Stellar MLS #P4934119 Report a problem
    3/17/2026Listed for sale$175,000$280/sqft
    Source: Stellar MLS #P4934119 Report a problem
    3/9/2026Listing removed$175,000$280/sqft
    Source: Stellar MLS #P4934119 Report a problem
    10/21/2025Price change$175,000-5.4%$280/sqft
    Source: Stellar MLS #P4934119 Report a problem
    6/26/2025Price change$185,000-2.6%$296/sqft
    Source: Stellar MLS #P4934119 Report a problem
    4/27/2025Price change$190,000-3.6%$304/sqft
    Source: Stellar MLS #P4934119 Report a problem
    3/15/2025Listed for sale$197,000$316/sqft
    Source: Stellar MLS #P4934119 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$690 +1.9%$43,338 +10%
    2024$677 +19.1%$39,398 +10%
    2023$568 +13.4%$35,816 +10%
    2022$501 +12.5%$32,560 +10%
    2021$445 +7%$29,600 +10%
    2020$416 +4.7%$26,909 +10%
    2019$397 -51%$24,463 -19.3%
    2018$811 +6%$30,306 +49.9%
    2017$765 +166.3%$20,217 +4%
    2016$287 +0%$19,436 +3.3%
    2015$287 -49.2%$18,824 +10%
    2014$566 +85.1%$17,113 -13.1%
    2013$306 +4.8%$19,693 +3.8%
    2012$292 -9.8%$18,973 -8.7%
    2011$324 -14%$20,791 -12.3%
    2010$376 -33.5%$23,718 -29.2%
    2009$565 -16.5%$33,512 -22.3%
    2008$677 $43,110
    2007-- --
    2006$707 --
    2005-- --
    2004$289 +5.7%--
    2003$274 -2.4%$16,420
    2002$280 +8.6%$16,420 +8.6%
    2001$258 $15,120
    Find assessor info on the county website

    Neighborhood: 33859

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Spook Hill Elem
    • Middle: McLaughlin Academy Of Excellence
    • High: Lake Wales Senior High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $94,900
    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
    $94,900