2501 Martha Dr
Lake Wales, FL 33898
3 bd 1 ba 1,152 sqft Built 1960 Lot 7,140 sqft single_family
Most recent sale
$195,000
Jul 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 1, 2022 | Sold | $195,000 | MLS #L4930262 |
| May 25, 2022 | Listed | $184,900 | MLS #L4930262 |
| Feb 26, 2015 | Sold | $43,500 | MLS #P4625270 |
| Aug 9, 2013 | Sold | $43,500 | Public Record |
| Jul 3, 2013 | Price changed | $47,500 | MLS #P4625270 |
| Jun 4, 2013 | Price changed | $51,900 | MLS #P4625270 |
| Apr 25, 2013 | Listed | $59,900 | MLS #P4625270 |
| Jan 2, 2001 | Sold | $32,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $144,017 | $13,888 | $157,905 | $2,260 |
| 2024 | $144,017 | $13,888 | $157,905 | $2,132 |
| 2023 | $141,096 | $13,532 | $154,628 | $2,503 |
| 2020 | — | — | $54,878 | $1,388 |
| 2019 | — | — | $49,889 | $1,311 |
| 2018 | — | — | $45,354 | $1,098 |
| 2017 | $41,924 | $8,372 | $50,296 | $1,036 |
| 2016 | $38,420 | $8,372 | $46,792 | $959 |
| 2015 | $25,199 | $8,050 | $33,249 | $853 |
| 2014 | — | — | $50,428 | $1,087 |
| 2013 | — | — | $41,402 | $576 |
| 2012 | — | — | $40,710 | $242 |
| 2011 | — | — | $40,874 | $247 |
| 2010 | — | — | $38,342 | $513 |
| 2009 | — | — | $37,334 | $193 |
| 2008 | — | — | $37,297 | $516 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,152 sqft
Lot size
7,140 sqft
ZIP code
33898
City
Lake Wales
Street
Martha Dr
Coordinates
27.89566, -81.54830
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,131
Gross rental yield
13.11%
Implied cap rate
8.52%
Trend-extrapolated value
—
Frequently asked questions
When did 2501 Martha Dr last sell?
2501 Martha Dr most recently sold on Jul 1, 2022 for $195,000.
What is the current tax assessment for 2501 Martha Dr?
The most recent total assessment for 2501 Martha Dr (year 2025) is $157,905 with $2,260 in property tax.
How does 2501 Martha Dr's assessment compare to its last sale price?
The current assessment is 19.0% below the last sale price of $195,000.
When was 2501 Martha Dr built?
2501 Martha Dr was built in 1960.
How does 2501 Martha Dr compare to others on Martha Dr?
We track 8 other properties on Martha Dr. Browse the list under "Other properties on Martha Dr" to compare beds, baths, and sale history.
What are the property facts for 2501 Martha Dr?
2501 Martha Dr is a 3 bed, 1 bath, 1,152 sqft, 7,140 sqft lot single_family.
Is 2501 Martha Dr a flip candidate?
No — 2501 Martha Dr does not appear in our flips dataset.
Is 2501 Martha Dr a tax-appeal candidate?
No — 2501 Martha 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 Martha Dr