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506 N Wales Dr, Lake Wales, FL, 33853

$199,000

Home List Price

$2,363*

Closing Credit

2 Bedrooms
1 Full Bath
924 SqFt
$215/SqFt
House

Location

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506 N Wales Dr, Lake Wales$199,000

Buyer Closing Credits

$2,363*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1947
HeatingCentral
CoolingCentral Air
MLS #L4948764
Lot Size0.15 Acres
StatusActive

About 506 N Wales Dr

Welcome to your charming home located in the heart of historic Lake Wales! This beautifully updated 2-bedroom, 1-bath home offers 924 sq ft of inviting living space, blending modern comforts with classic character. Nestled on a quiet street with convenient alley access, this home provides both privacy and easy accessibility. Inside, you’ll find a bright, open layout with recent updates throughout, including stylish fixtures and finishes that make it move-in ready. The cozy kitchen is equipped with updated appliances and ample cabinetry, making it both functional and inviting. Each bedroom is spacious and thoughtfully designed. Located just moments from local landmarks like the legendary Spook Hill, family-friendly Legoland, and the vibrant downtown Winter Haven, this home is perfectly positioned for leisure and convenience. Whether you’re enjoying a day at the theme parks or exploring the unique charm of Lake Wales, everything you need is right at your doorstep. Don’t miss your chance to own this gem in one of Central Florida’s most desirable areas.

Property Details

Property Features

Property Information:

  • Year Built: 1947
  • Stories: 1
  • Living Area: 924 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (863) 687-2233
  • Listing Agent: Danny Chandler, Jr

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring Type: Laminate, Other
  • Interior: Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • 3D Tour: 506 N Wales Dr
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hwy 27 South in Lake Wales, turn left on Mountain Lake Cutoff Rd for 0.7 mi, Then turn right on FL-17 S for 1.1 mi, Turn left on Dr JA Wiltshire Ave for 0.3 mi, Turn right onto N Wales Dr, home will be on the right in 0.2 mi.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,000
  • Price Per SqFt: $215/SqFt

Tax Information:

  • Annual Amount: $1,177
  • 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

506 N Wales Dr vs Lake Wales

10 DAYS ON ROCKET

-44 Days

$199,000

-$71K Less

$215/SqFt

+$40 More

KEY TAKEAWAY

This property is $71K less than the Median Sold Price and $40/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: #L4948764

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (863) 687-2233
  • Listing Agent: Danny Chandler, Jr

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, 10:19:48 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

Aug 25, 2021Home Sold
$83,000
Mar 10, 2021Home Sold
$50,000
Jan 26, 2007Home Sold
$40,000
Jun 15, 2006Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,177$57,464
2018$912$40,818
2017$912$37,107

History based on county public records data.

Payment Calculator

$1,061

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$663

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-444421
2
/10

  • Spook Hill Elementary School

  • 321 Dr J A Wiltshire Ave E

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-444422
2
/10

  • Polk Avenue Elementary School

  • 110 E Polk Ave

  • 0.94 miles

  • Public Charter Grades PK-5

school-card-donut-444423
2
/10

  • Janie Howard Wilson School

  • 306 Florida Ave

  • 1.02 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 $47,729. Typical income of Lake Wales, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 N Wales Dr

What is the listing price of this property?

The listing price of 506 N Wales Dr property is $199,000.

What type of property is this?

The property 506 N Wales Dr is a house located in Lake Wales, Florida, 33853.

Is this property for sale now?

Active Listing: 506 N Wales 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 $1,177 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 25, 2021 for $83,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 506 N Wales Dr has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 506 N Wales Dr is 924 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 N Wales Dr is 1947.

Rocket Homes›Florida›Polk County›Lake Wales›33853›506 N Wales Dr

This home is located at 506 N Wales Dr in Lake Wales, FL and zip code 33853. This 924 square foot home, which was built in 1947, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $199,000.

In October 2024, from all listings sold in Lake Wales, FL there were more than 8 sold above asking price, over 12 sold below and more than 7 were sold right at the asked price. 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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