6 months on rocket

303 E Polk Ave, Lake Wales, FL, 33853

$549,900

Home List Price

$6,530*

Closing Credit

0 Baths
3,669 SqFt
$150/SqFt
Multi

Location

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303 E Polk Ave, Lake Wales$549,900

Buyer Closing Credits

$6,530*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
Year Built1925
HeatingCentral, Window Unit(s)
CoolingCentral Air, Wall/Window Unit(s)
MLS #L4944595
Lot Size0.62 Acres
StatusActive

About 303 E Polk Ave

**Buyers financing fell through***Looking for an investment opportunity look no further! This single family home also has a detached duplex and 2 additional tiny homes. This oversized lot is nestled in the heart of Lake Wales just minutes from downtown. The single family home is nearly 2,300 living sq. ft. and is currently used for student housing. The main house has 5 bedrooms 2 bathrooms. The detached duplex with 2 studios and 2 bathrooms. There are also two additional single family homes that are both 1 bedroom and 1 bathroom. The monthly rents total $6,635.00 and an annual gross income of $79,620.00. So call today to get in on the action before this amazing opportunity slips away!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Living Area: 3,669 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY SMART 1
  • Office Phone: (863) 508-3000
  • Listing Agent: Matt Mesimer

Interior Features

Interior Information:

  • Interior: Other

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 303 E Polk Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.62 Acres

Utilities

Utilities Information:

  • Heating: Central, Window Unit(s)
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: FROM HWY 60 TURN ONTO W POLK AVE PROPERTY WILL BE AHEAD ON LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,900
  • Price Per SqFt: $150/SqFt

Tax Information:

  • Annual Amount: $1,895
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Wales, FL.

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Lake Wales, FL

City

Med. Sold Price

$270K

Med. Price/SqFt

$175

Avg. Days On Market

54

# of Sold Homes

27

303 E Polk Ave vs Lake Wales

197 DAYS ON ROCKET

+143 Days

$549,900

+$279.9K More

$150/SqFt

-$25 Less

KEY TAKEAWAY

This property is $279.9K more than the Median Sold Price and $25/SqFt less than other homes in Lake Wales, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #L4944595

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY SMART 1
  • Office Phone: (863) 508-3000
  • Listing Agent: Matt Mesimer

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:19:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 16, 2021Home Sold
$160,000
Sep 20, 2000Home Sold
$54,642

Tax History

YEARPROP. TAXASSESSMENT
2020$1,895$105,546
2018$1,707$85,760
2017$1,707$86,682

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-399882
2
/10

  • Polk Avenue Elementary School

  • 110 E Polk Ave

  • 0.19 miles

  • Public Charter Grades PK-5

school-card-donut-399883
2
/10

  • Spook Hill Elementary School

  • 321 Dr J A Wiltshire Ave E

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-399884
6
/10

  • Hillcrest Elementary School

  • 1051 State Road 60 E

  • 1.06 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,425. Most Lake Wales, FL residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Polk County›Lake Wales›33853›303 E Polk Ave

This home is located at 303 E Polk Ave in Lake Wales, FL and zip code 33853. This 3,669 square foot home, which was built in 1925, sits on a 0.62 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $549,900.

Lake Wales, FL housing market in October 2024 saw over 8 listings sold above listed price, more than 7 sold at listed price and over 12 sold below. The inventory of homes for sale in Lake Wales, FL between September 2024 and October 2024 increased by 1%. The median list price of listings available in October 2024 was $270,000, while the average time on the real estate market was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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