5 months on rocket

502 Canal Dr, Lake Wales, FL, 33859

$399,000

Home List Price

$4,738*

Closing Credit

3 Bedrooms
3 Full Baths
1,975 SqFt
$202/SqFt
House

Location

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502 Canal Dr, Lake Wales$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1965
HeatingCentral
CoolingCentral Air
WaterfrontCanal
ViewWater
Private PoolYes
MLS #P4930681
Lot Size0.33 Acres
StatusActive

About 502 Canal Dr

Stunning 3-Bedroom, 3-Bathroom Home with Private Pool on Crooked Lake in Lake Wales! Welcome to your dream lakeside retreat! This exquisite 3-bed/3bath, split home is nestled on one of the beautiful canals just off Crooked Lake in beautiful Lake Wales. Combining modern luxury with tranquil natural surroundings, this property offers the perfect blend of comfort, style, and outdoor living. The open-concept living spaces are perfect for both entertaining and everyday living. The living room boasts large windows that flood the space with natural light and provide stunning views of the canal. Step outside to your private outdoor oasis. Any of the rear sliding doors will lead you to a beautifully landscaped backyard with a sparkling pool, perfect for cooling off on hot summer days. The spacious patio offers plenty of space for entertaining and relaxing by the pool. With direct access to Crooked Lake, enjoy a variety of water activities right from your backyard. Whether it's boating, fishing, or simply enjoying the sunset over the water, this home offers the ultimate lakefront lifestyle. Don't miss this rare opportunity to own a piece of paradise on Crooked Lake. Experience the best of Lake Wales living in a home that truly has it all. Schedule your private tour today and see for yourself why this stunning property is the perfect place to call home!

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Living Area: 1,975 SqFt

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Stetson Russell

Interior Features

Interior Information:

  • Appliances: Range, Range Hood
  • Flooring Type: Tile
  • Interior: Ceiling Fans(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Canal
  • View: Water
  • Exterior: Outdoor Shower, Private Mailbox

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 27 and 60 go south for about 4.5 miles. Turn left onto Sunshine and then again on Canal (House is on right).

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $202/SqFt

Tax Information:

  • Annual Amount: $1,759
  • 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

502 Canal Dr vs Lake Wales

154 DAYS ON ROCKET

+100 Days

$399,000

+$129K More

$202/SqFt

+$27 More

KEY TAKEAWAY

This property is $129K more than the Median Sold Price and $27/SqFt more 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: #P4930681

Listing Office:

  • Office Name: EXP REALTY LLC
  • Office Phone: (888) 883-8509
  • Listing Agent: Stetson Russell

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: 11/15/2024, 10:49:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,759$132,545
2018$1,650$127,149
2017$1,651$124,534

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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-24824
7
/10

  • Dale R Fair Babson Park Elementary School

  • 815 N Scenic Hwy

  • 3.49 miles

  • Public Charter Grades KG-5

school-card-donut-24825
2
/10

  • Polk Avenue Elementary School

  • 110 E Polk Ave

  • 4.75 miles

  • Public Charter Grades PK-5

school-card-donut-24826
6
/10

  • Hillcrest Elementary School

  • 1051 State Road 60 E

  • 4.75 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 $41,306. Typical income of Lake Wales, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 502 Canal Dr

What is the listing price of this property?

The listing price of 502 Canal Dr property is $399,000.

What type of property is this?

The property 502 Canal Dr is a house located in Lake Wales, Florida, 33859.

Is this property for sale now?

Active Listing: 502 Canal Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,759 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 502 Canal Dr has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 502 Canal Dr is 1,975 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 502 Canal Dr is 1965.

Rocket Homes›Florida›Polk County›Lake Wales›33859›502 Canal Dr

This home is located at 502 Canal Dr in Lake Wales, FL and zip code 33859. This 1,975 square foot home, which was built in 1965, sits on a 0.33 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $399,000.

In October 2024 more than 8 listings in Lake Wales, FL were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 12 were sold below. The number of listings in Lake Wales, FL increased by 1% between September 2024 and October 2024. Listings spent 54 days on the market in October 2024, and had a median list price of $270,000 during the same period.

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

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