507 Polk Ave
Lake Wales, FL 33853
3 bd 2 ba 1,478 sqft Built 1959 Lot 12,632 sqft single_family
Most recent sale
$260,000
Jul 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 20, 2022 | Sold | $260,000 | MLS #P4920843 |
| May 12, 2022 | Listed | $265,000 | MLS #P4920843 |
| May 5, 1994 | Sold | $44,000 | Public Record |
| Jul 1, 1981 | Sold | $34,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $71,244 | $770 |
| 2019 | — | — | $69,642 | $777 |
| 2018 | — | — | $68,343 | $779 |
| 2017 | — | — | $66,937 | $773 |
| 2016 | — | — | $65,560 | $783 |
| 2015 | — | — | $65,104 | $649 |
| 2014 | — | — | $64,587 | $675 |
| 2013 | — | — | $63,633 | $687 |
| 2012 | — | — | $62,569 | $676 |
| 2011 | — | — | $60,747 | $656 |
| 2010 | — | — | $59,849 | $640 |
| 2009 | — | — | $58,276 | $622 |
| 2008 | — | — | $58,218 | $623 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,478 sqft
Lot size
12,632 sqft
ZIP code
33853
City
Lake Wales
Street
Polk Ave
Coordinates
27.89686, -81.58110
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,734
Gross rental yield
12.62%
Implied cap rate
8.20%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Polk Ave last sell?
507 Polk Ave most recently sold on Jul 20, 2022 for $260,000.
What is the current tax assessment for 507 Polk Ave?
The most recent total assessment for 507 Polk Ave (year 2020) is $71,244 with $770 in property tax.
How does 507 Polk Ave's assessment compare to its last sale price?
The current assessment is 72.6% below the last sale price of $260,000.
When was 507 Polk Ave built?
507 Polk Ave was built in 1959.
How does 507 Polk Ave compare to others on Polk Ave?
We track 8 other properties on Polk Ave. Browse the list under "Other properties on Polk Ave" to compare beds, baths, and sale history.
What are the property facts for 507 Polk Ave?
507 Polk Ave is a 3 bed, 2 bath, 1,478 sqft, 12,632 sqft lot single_family.
Is 507 Polk Ave a flip candidate?
No — 507 Polk Ave does not appear in our flips dataset.
Is 507 Polk Ave a tax-appeal candidate?
No — 507 Polk Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q3
$525K
2026 Q4
$525K
ZIP 33853 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Polk Ave