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516 Lemon St

Lake Wales, FL 33853

2 bd 1 ba 755 sqft Built 1948 Lot 8,712 sqft single_family
Most recent sale
$100,000
Apr 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 10, 2024 Listing removed $1,350 StellarMLS
Jan 29, 2024 Price changed for rent $1,300 TurboTenant
Jan 11, 2024 Price changed for rent $1,350 TurboTenant
Oct 9, 2023 Listed for rent $1,400 TurboTenant
Oct 4, 2023 Listed for rent $1,400 StellarMLS
Apr 4, 2022 Sold $100,000 MLS #S5061980
Mar 11, 2022 Price changed $110,000 MLS #S5061980
Jan 28, 2022 Listed $139,000 MLS #S5061980
May 7, 2016 Sold $54,900 StellarMLS
Mar 16, 2016 Listed $54,900 StellarMLS
Jan 26, 2010 Listing removed $35,000 StellarMLS
Jun 25, 2008 Sold $87,000 Public Record
Apr 16, 2008 Sold $35,000 Public Record
Apr 14, 2008 Sold $35,000 StellarMLS
Dec 5, 2007 Listed $42,000 MLS #P4600037
Apr 30, 1996 Sold $42,000 Public Record
Aug 1, 1986 Sold $32,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $70,403 $14,500 $84,903 $1,794
2020 $51,800 $1,212
2019 $47,091 $1,157
2018 $42,810 $1,060
2017 $29,918 $9,000 $38,918 $950
2016 $26,453 $9,000 $35,453 $899
2015 $33,402 $723
2014 $30,365 $692
2013 $35,922 $840
2012 $35,106 $817
2011 $38,417 $881
2010 $50,498 $556
2008 $78,011 $1,747

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
755 sqft
Lot size
8,712 sqft
ZIP code
33853
City
Lake Wales
Street
Lemon St
Coordinates
27.90826, -81.58623

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 Lemon St last sell?
516 Lemon St most recently sold on Apr 4, 2022 for $100,000.
What is the current tax assessment for 516 Lemon St?
The most recent total assessment for 516 Lemon St (year 2023) is $84,903 with $1,794 in property tax.
How does 516 Lemon St's assessment compare to its last sale price?
The current assessment is 15.1% below the last sale price of $100,000.
When was 516 Lemon St built?
516 Lemon St was built in 1948.
How does 516 Lemon St compare to others on Lemon St?
We track 3 other properties on Lemon St. Browse the list under "Other properties on Lemon St" to compare beds, baths, and sale history.
What are the property facts for 516 Lemon St?
516 Lemon St is a 2 bed, 1 bath, 755 sqft, 8,712 sqft lot single_family.
Is 516 Lemon St a flip candidate?
No — 516 Lemon St does not appear in our flips dataset.
Is 516 Lemon St a tax-appeal candidate?
No — 516 Lemon St 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
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$525K
2026 Q4
$525K
ZIP 33853 — Median Price History + Forecast

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