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501 Highland Dr

Lake Wales, FL 33898

3 bd 2 ba 1,621 sqft Built 1960 Lot 9,148 sqft single_family
Most recent sale
$210,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2026 Sold $239,900 StellarMLS
Feb 17, 2026 Price changed $239,900 StellarMLS
Feb 1, 2026 Price changed $249,900 StellarMLS
Jan 20, 2026 Price changed $274,900 StellarMLS
Jan 12, 2026 Listed $279,900 StellarMLS
Jul 13, 2022 Sold $210,000 MLS #P4921291
Jun 10, 2022 Listed $200,000 MLS #P4921291
Aug 1, 1991 Sold $29,500 Public Record
Sep 1, 1990 Sold $24,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $125,768 $15,757 $141,525 $2,091
2024 $125,768 $15,757 $141,525 $2,089
2023 $147,331 $15,307 $162,638 $2,117
2020 $35,743 $590
2019 $29,951 $474
2018 $29,393 $444
2017 $28,788 $434
2016 $28,196 $396
2015 $28,000 $394
2014 $24,306 $322
2013 $23,947 $322
2011 $26,474 $23
2010 $27,166 $336
2009 $55,470 $433
2008 $72,955 $1,468

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,621 sqft
Lot size
9,148 sqft
ZIP code
33898
City
Lake Wales
Street
Highland Dr
Coordinates
27.88713, -81.54324

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,260
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Highland Dr last sell?
501 Highland Dr most recently sold on Jul 13, 2022 for $210,000.
What is the current tax assessment for 501 Highland Dr?
The most recent total assessment for 501 Highland Dr (year 2025) is $141,525 with $2,091 in property tax.
How does 501 Highland Dr's assessment compare to its last sale price?
The current assessment is 32.6% below the last sale price of $210,000.
When was 501 Highland Dr built?
501 Highland Dr was built in 1960.
How does 501 Highland Dr compare to others on Highland Dr?
We track 8 other properties on Highland Dr. Browse the list under "Other properties on Highland Dr" to compare beds, baths, and sale history.
What are the property facts for 501 Highland Dr?
501 Highland Dr is a 3 bed, 2 bath, 1,621 sqft, 9,148 sqft lot single_family.
Is 501 Highland Dr a flip candidate?
No — 501 Highland Dr does not appear in our flips dataset.
Is 501 Highland Dr a tax-appeal candidate?
No — 501 Highland Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.6%
Implied 1-yr
+14.3%
2026 Q3
$329.9K
2026 Q4
$339.4K
ZIP 33898 — Median Price History + Forecast

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