13 days on rocket

514 Margaret Ln, Lake Wales, FL, 33853

$325,000

Home List Price

$3,859*

Closing Credit

3 Bedrooms
2 Full Baths
1,398 SqFt
$232/SqFt
House

Location

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514 Margaret Ln, Lake Wales$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air
MLS #O6252696
Lot Size0.18 Acres
StatusActive

About 514 Margaret Ln

One or more photo(s) has been virtually staged. Discover a charming and well-maintained 3-bedroom, 2-bathroom home in the heart of Lake Wales, FL. This delightful property offers a spacious open floor plan with plenty of natural light, perfect for entertaining. Located in a peaceful neighborhood with nearby walking and biking trails, you’ll have every reason to stay active and enjoy the natural beauty around you. Just minutes from local shopping, dining, and schools, this home is ideally situated for convenience. Certification: The property has been inspected and certified for quality assurance. 1 or more pictures have been staged.

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Living Area: 1,398 SqFt

Listing Office:

  • Office Name: KELLER WILLIAMS ADVANTAGE III REALTY
  • Office Phone: (407) 207-0825
  • Listing Agent: Antoinette Kelly

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Ceramic Tile
  • Interior: Open Floorplan, Thermostat, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting, Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 514 Margaret Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Highway 27: Head towards Lake Wales on FL-60 W if coming from the north or south. Take the exit towards Lake Wales (Exit 55 if you're on I-4). Merge onto FL-60 W and continue for about 2.5 miles. From FL-60 W: Turn right onto S 11th St and follow it for 1 mile. Take a left onto Burns Ave and continue for about 0.6 miles. From Burns Avenue: Turn right onto Margaret Lane. Drive straight for about 0.3 miles, and you will reach 514 Margaret Lane on the right-hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $232/SqFt
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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

514 Margaret Ln vs Lake Wales

13 DAYS ON ROCKET

-41 Days

$325,000

+$55K More

$232/SqFt

+$57 More

KEY TAKEAWAY

This property is $55K more than the Median Sold Price and $57/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: #O6252696

Listing Office:

  • Office Name: KELLER WILLIAMS ADVANTAGE III REALTY
  • Office Phone: (407) 207-0825
  • Listing Agent: Antoinette Kelly

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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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-38820
2
/10

  • Spook Hill Elementary School

  • 321 Dr J A Wiltshire Ave E

  • 0.42 miles

  • Public District Grades PK-5

school-card-donut-38821
2
/10

  • Polk Avenue Elementary School

  • 110 E Polk Ave

  • 1.05 miles

  • Public Charter Grades PK-5

school-card-donut-38822
6
/10

  • Hillcrest Elementary School

  • 1051 State Road 60 E

  • 1.11 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. The majority of Lake Wales, FL residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 514 Margaret Ln

What is the listing price of this property?

The listing price of 514 Margaret Ln property is $325,000.

What type of property is this?

The property 514 Margaret Ln is a house located in Lake Wales, Florida, 33853.

Is this property for sale now?

Active Listing: 514 Margaret Ln is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 514 Margaret Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 514 Margaret Ln is 1,398 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 514 Margaret Ln is 2023.

Rocket Homes›Florida›Polk County›Lake Wales›33853›514 Margaret Ln

This home is located at 514 Margaret Ln in Lake Wales, FL and zip code 33853. This 1,398 square foot home, which was built in 2023, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 02, 2024 and is currently priced at $325,000.

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 inventory of homes for sale in Lake Wales, FL between September 2024 and October 2024 increased by 1%. In October 2024 median list price was $270,000 and the average listing age was 54 days.

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

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