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5587 Lake Buffum Rd

Lake Wales, FL 33859

3 bd 2 ba 1,836 sqft Built 2002 Lot 172,062 sqft single_family
Most recent sale
$300,000
Mar 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 10, 2022 Sold $300,000 MLS #L4927599
Feb 17, 2022 Listing removed $260,000 Sebring
Jan 24, 2022 Listed $299,900 MLS #L4927599
Jul 29, 2021 Listing removed $265,000 StellarMLS
May 25, 2021 Price changed $265,000 MLS #L4922520
May 4, 2021 Listed $270,000 MLS #L4922520
Apr 28, 2015 Sold $105,000 MLS #K4700112
Oct 15, 2014 Price changed $119,000 MLS #K4700112
Sep 9, 2014 Listed $139,900 MLS #K4700112
Mar 3, 2011 Sold $67,500 MLS #L4628851
Feb 11, 2011 Price changed $74,999 MLS #L4628851
Jan 7, 2011 Listed $98,950 MLS #L4628851
Sep 5, 2009 Listing removed $179,000 StellarMLS
Aug 4, 2009 Relisted $179,000 MLS #P4605970
Aug 1, 2009 Listing removed $179,000 StellarMLS
Jul 24, 2009 Relisted $179,000 MLS #P4605970
Feb 23, 2009 Listing removed $179,000 StellarMLS
Feb 15, 2009 Listed $179,000 MLS #P4605970
Mar 14, 1996 Sold $24,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $180,209 $54,069 $234,278 $3,248
2024 $180,209 $54,069 $234,278 $3,239
2023 $191,155 $44,069 $235,224 $3,092
2020 $135,426 $1,768
2019 $132,383 $1,740
2018 $129,916 $1,700
2017 $101,779 $25,467 $127,246 $1,660
2016 $99,533 $25,467 $125,000 $1,627
2015 $115,644 $2,252
2014 $105,585 $1,923
2013 $103,825 $1,934
2012 $101,018 $1,554
2011 $106,943 $1,664
2010 $105,374 $1,374
2009 $102,604 $1,013
2008 $102,501 $1,337
2007 $99,516 $1,483

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,836 sqft
Lot size
172,062 sqft
ZIP code
33859
City
Lake Wales
Street
Lake Buffum Rd
Coordinates
27.81545, -81.63982

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,397
Gross rental yield
13.59%
Implied cap rate
8.83%
Trend-extrapolated value

Frequently asked questions

When did 5587 Lake Buffum Rd last sell?
5587 Lake Buffum Rd most recently sold on Mar 10, 2022 for $300,000.
What is the current tax assessment for 5587 Lake Buffum Rd?
The most recent total assessment for 5587 Lake Buffum Rd (year 2025) is $234,278 with $3,248 in property tax.
How does 5587 Lake Buffum Rd's assessment compare to its last sale price?
The current assessment is 21.9% below the last sale price of $300,000.
When was 5587 Lake Buffum Rd built?
5587 Lake Buffum Rd was built in 2002.
How does 5587 Lake Buffum Rd compare to others on Lake Buffum Rd?
We track 8 other properties on Lake Buffum Rd. Browse the list under "Other properties on Lake Buffum Rd" to compare beds, baths, and sale history.
What are the property facts for 5587 Lake Buffum Rd?
5587 Lake Buffum Rd is a 3 bed, 2 bath, 1,836 sqft, 172,062 sqft lot single_family.
Is 5587 Lake Buffum Rd a flip candidate?
No — 5587 Lake Buffum Rd does not appear in our flips dataset.
Is 5587 Lake Buffum Rd a tax-appeal candidate?
No — 5587 Lake Buffum Rd 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
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$179.6K
2026 Q4
$180.6K
ZIP 33859 — Median Price History + Forecast

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