2506 Forest Dr
Lake Wales, FL 33898
3 bd 1 ba 1,036 sqft Built 1959 Lot 9,753 sqft single_family
Most recent sale
$200,000
Dec 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 15, 2022 | Sold | $200,000 | StellarMLS |
| Oct 25, 2022 | Price changed | $200,000 | StellarMLS |
| Oct 15, 2022 | Listed | $225,000 | StellarMLS |
| Jan 4, 2022 | Sold | $65,000 | Public Record |
| Feb 26, 2015 | Sold | $27,500 | StellarMLS |
| Feb 3, 2012 | Listed | $39,900 | StellarMLS |
| Dec 29, 2010 | Listing removed | $59,900 | StellarMLS |
| Jun 28, 2010 | Listed | $59,900 | StellarMLS |
| Dec 1, 1983 | Sold | $32,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $132,493 | $19,019 | $151,512 | $2,199 |
| 2024 | $132,493 | $19,019 | $151,512 | $2,083 |
| 2023 | $131,106 | $18,531 | $149,637 | $1,931 |
| 2022 | — | — | $53,677 | $1,457 |
| 2021 | — | — | $48,797 | $1,278 |
| 2020 | — | — | $44,361 | $1,235 |
| 2019 | — | — | $40,328 | $1,161 |
| 2018 | — | — | $36,662 | $974 |
| 2017 | $30,347 | $5,959 | $36,306 | $844 |
| 2016 | $27,947 | $5,959 | $33,906 | $783 |
| 2015 | $17,580 | $5,692 | $23,272 | $701 |
| 2014 | — | — | $35,957 | $871 |
| 2013 | — | — | $32,688 | $829 |
| 2012 | — | — | $29,274 | $450 |
| 2011 | — | — | $31,933 | $496 |
| 2010 | — | — | $30,756 | $393 |
| 2009 | — | — | $29,947 | $77 |
| 2008 | — | — | $29,917 | $399 |
| 2007 | — | — | $29,046 | $385 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,036 sqft
Lot size
9,753 sqft
ZIP code
33898
City
Lake Wales
Street
Forest Dr
Coordinates
27.89999, -81.54846
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,917
Gross rental yield
11.50%
Implied cap rate
7.48%
Trend-extrapolated value
—
Frequently asked questions
When did 2506 Forest Dr last sell?
2506 Forest Dr most recently sold on Dec 15, 2022 for $200,000.
What is the current tax assessment for 2506 Forest Dr?
The most recent total assessment for 2506 Forest Dr (year 2025) is $151,512 with $2,199 in property tax.
How does 2506 Forest Dr's assessment compare to its last sale price?
The current assessment is 24.2% below the last sale price of $200,000.
When was 2506 Forest Dr built?
2506 Forest Dr was built in 1959.
How does 2506 Forest Dr compare to others on Forest Dr?
We track 6 other properties on Forest Dr. Browse the list under "Other properties on Forest Dr" to compare beds, baths, and sale history.
What are the property facts for 2506 Forest Dr?
2506 Forest Dr is a 3 bed, 1 bath, 1,036 sqft, 9,753 sqft lot single_family.
Is 2506 Forest Dr a flip candidate?
Yes — 2506 Forest Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2506 Forest Dr a tax-appeal candidate?
No — 2506 Forest Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$329.9K
2026 Q4
$339.4K
ZIP 33898 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest Dr