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.
For sale
$290,000
651 LORRAINE CIRCLE, LAKE WALES, FL 33853
5beds
1,864sqft
:
Get pre-qualified$1,900/mo
Single Family Residence
Built in 1957
0.31 Acres Lot
$285,900 Zestimate®
$156/sqft
$-- HOA
What's special
Beautifully maintained homeQuiet residential setting
- 342 days |
- 186 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Gaby Gonzalez 863-241-4275,
DALTON WADE INC 888-668-8283
Source: Stellar MLS,MLS#: L4955658
Originating 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: 313 days
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Zestimate®
$285,900
Estimated sales range
$272,000 - $300,000
Rent Zestimate®
$2,067/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $290,000-9.4%$156/sqft |
Source: | ||
| 1/3/2026 | Listing removed | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/19/2025 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/13/2025 | Price change | $320,000-4.7%$172/sqft |
Source: | ||
| 9/6/2025 | Listed for sale | $335,900+455.2%$180/sqft |
Source: | ||
| 12/20/2013 | Sold | $60,500-6.9%$32/sqft |
Source: Public Record Report a problem | ||
| 11/10/2013 | Price change | $65,000-31.6%$35/sqft |
Source: BROKERS REALTY OF CENTRAL FL #P4623352 Report a problem | ||
| 9/13/2013 | Listed for sale | $95,000$51/sqft |
Source: BROKERS REALTY OF CENTRAL FL #P4623352 Report a problem | ||
| 6/20/2013 | Listing removed | $95,000+57%$51/sqft |
Source: BROKERS REALTY OF CENTRAL FL #P4623352 Report a problem | ||
| 12/13/2012 | Sold | $60,500-36.3%$32/sqft |
Source: Agent Provided Report a problem | ||
| 12/6/2012 | Listed for sale | $95,000+226.5%$51/sqft |
Source: BROKERS REALTY OF CENTRAL FL #P4623352 Report a problem | ||
| 7/6/2012 | Sold | $29,100-10.2%$16/sqft |
Source: Public Record Report a problem | ||
| 4/6/2012 | Listing removed | $32,400$17/sqft |
Source: Altisource Portfolio Solutions #O5087537 Report a problem | ||
| 3/13/2012 | Price change | $32,400-10%$17/sqft |
Source: GoHoming #O5087537 Report a problem | ||
| 2/23/2012 | Price change | $36,000+56.5%$19/sqft |
Source: Altisource Portfolio Solutions Report a problem | ||
| 2/16/2012 | Listed for sale | $23,000-65.9%$12/sqft |
Source: Altisource Portfolio Solutions Report a problem | ||
| 7/31/1997 | Sold | $67,500$36/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 33853
Nearby schools
GreatSchools rating
- 4/10Ben Hill Griffin Jr Elementary SchoolGrades: PK-5Distance: 8.7 mi
- 2/10Mclaughlin Middle School And Fine Arts AcademyGrades: 6-11Distance: 0.4 mi
- 3/10Frostproof Middle/Senior High SchoolGrades: 6-12Distance: 9 mi
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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