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For sale
    • $290,000

    651 LORRAINE CIRCLE, LAKE WALES, FL 33853

    5beds
    1,864sqft
    : 
    $1,900/mo
    Get pre-qualified
    Single Family Residence
    Built in 1957
    0.31 Acres Lot
    $285,900 Zestimate®
    $156/sqft
    $-- HOA

    What's special

    Beautifully maintained homeQuiet residential setting
    Welcome to 651 Lorraine Circle! Great investment opportunity! This property is currently tenant-occupied, making it an excellent option for investors seeking immediate rental income. This beautifully maintained home is located in the heart of Lake Wales, an up-and-coming area known for its family-friendly atmosphere and great schools. Convenience is key—you’re just minutes from shopping, dining, medical centers, and local attractions, all while enjoying a quiet residential setting. Major updates already done for you! The roof, water heater, and AC were all replaced about two years ago, offering peace of mind and lower maintenance costs. Whether you’re expanding your portfolio or planning for future use, this property offers incredible potential in a growing community with easy access to major highways.
    339 days
    |
    209
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gaby Gonzalez 863-241-4275,

    DALTON WADE INC 888-668-8283

    Source: Stellar MLS,MLS#: L4955658MLS LogoOriginating MLS: Suncoast Tampa

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Features: Shower No Tub, Built-in Closet
      • Level: First
      Bedroom 2
      • Features: Built-in Closet
      • Level: First
      Bedroom 3
      • Features: Built-in Closet
      • Level: First
      Bedroom 4
      • Features: Built-in Closet
      • Level: First
      Bedroom 5
      • Features: Built-in Closet
      • Level: First
      Bathroom 1
      • Features: Walk-In Tub
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric
      Cooling
      • Central Air
      Appliances
      • Included: Other
      • Laundry: Other
      Features
      • Other
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 2,244
      • Total interior livable area: 1,864 sqft
      Video & virtual tour

      Property

      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Other
      Lot
      • Size: 0.31 Acres
      • Dimensions: 94 x 181
      Details
      • Parcel number: 273011915500001071
      • Zoning: R-2
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Block
      • Foundation: Block
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 1957

      Utilities & green energy

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

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $156/sqft
      • Tax assessed value: $192,986
      • Annual tax amount: $2,781
      • Date on market: 9/4/2025
      • Cumulative days on market: 339 days
      • Ownership: Fee Simple
      • Total actual rent: 0
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        $285,900

        $272,000 - $300,000

        $2,067/mo

        Price history

        DateEventPrice
        7/13/2026Price change$290,000-9.4%$156/sqft
        Source: Stellar MLS #L4955658 Report a problem
        1/3/2026Listing removed$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        12/19/2025Listed for rent$2,200$1/sqft
        Source: Zillow Rentals Report a problem
        11/13/2025Price change$320,000-4.7%$172/sqft
        Source: Stellar MLS #L4955658 Report a problem
        9/6/2025Listed for sale$335,900+455.2%$180/sqft
        Source: Stellar MLS #L4955658 Report a problem
        12/20/2013Sold$60,500-6.9%$32/sqft
        Source: Public Record Report a problem
        11/10/2013Price change$65,000-31.6%$35/sqft
        Source: BROKERS REALTY OF CENTRAL FL #P4623352 Report a problem
        9/13/2013Listed for sale$95,000$51/sqft
        Source: BROKERS REALTY OF CENTRAL FL #P4623352 Report a problem
        6/20/2013Listing removed$95,000+57%$51/sqft
        Source: BROKERS REALTY OF CENTRAL FL #P4623352 Report a problem
        12/13/2012Sold$60,500-36.3%$32/sqft
        Source: Agent Provided Report a problem
        12/6/2012Listed for sale$95,000+226.5%$51/sqft
        Source: BROKERS REALTY OF CENTRAL FL #P4623352 Report a problem
        7/6/2012Sold$29,100-10.2%$16/sqft
        Source: Public Record Report a problem
        4/6/2012Listing removed$32,400$17/sqft
        Source: Altisource Portfolio Solutions #O5087537 Report a problem
        3/13/2012Price change$32,400-10%$17/sqft
        Source: GoHoming #O5087537 Report a problem
        2/23/2012Price change$36,000+56.5%$19/sqft
        Source: Altisource Portfolio Solutions Report a problem
        2/16/2012Listed for sale$23,000-65.9%$12/sqft
        Source: Altisource Portfolio Solutions Report a problem
        7/31/1997Sold$67,500$36/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,282 +5.5%$165,105 +10%
        2024$2,164 +8.2%$150,095 +10%
        2023$2,000 +11.6%$136,450 +10%
        2022$1,792 +10.3%$124,045 +10%
        2021$1,625 +6.8%$112,768 +10%
        2020$1,521 +8.3%$102,516 +10%
        2019$1,405 -22.3%$93,196 -6.3%
        2018$1,808 +5.9%$99,515 +29.2%
        2017$1,707 +64.9%$77,022 +10%
        2016$1,035 +3%$70,020 +9.4%
        2015$1,005 -13.1%$64,004 +10%
        2014$1,156 +11.5%$58,185 -12.9%
        2013$1,037 +31.2%$66,771 +29.9%
        2012$791 -7.4%$51,384 -6.3%
        2011$854 +70%$54,864 -13.7%
        2010$502 -46.2%$63,570 -32.4%
        2009$933 -51.9%$94,048 -23.9%
        2008$1,941 $123,595
        2007-- --
        2006$694 --
        2005-- --
        2004$595 +3.3%--
        2003$576 +1.7%$59,560 +2.4%
        2002$566 +2.8%$58,164 +1.6%
        2001$550 $57,248
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 33853

        Getting around

        11 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Polk Avenue 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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