874 Redwood Way
Lake Wales, FL 33898
4 bd 3 ba 2,058 sqft Built 2007 Lot 16,335 sqft single_family
Most recent sale
$365,000
Apr 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 20, 2022 | Sold | $365,000 | MLS #285347 |
| Feb 21, 2022 | Listed | $349,000 | MLS #285347 |
| Apr 21, 2006 | Sold | $57,800 | Public Record |
| Sep 16, 2005 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $269,513 | $3,712 |
| 2024 | — | — | $269,513 | $3,548 |
| 2023 | — | — | $254,288 | $3,353 |
| 2022 | — | — | $146,761 | $1,918 |
| 2021 | — | — | $142,486 | $1,914 |
| 2020 | — | — | $140,519 | $1,878 |
| 2019 | — | — | $137,360 | $1,851 |
| 2018 | — | — | $134,799 | $1,813 |
| 2017 | — | — | $132,026 | $1,771 |
| 2016 | — | — | $129,310 | $1,726 |
| 2015 | — | — | $128,411 | $1,756 |
| 2014 | — | — | $127,392 | $1,717 |
| 2013 | — | — | $125,509 | $1,723 |
| 2012 | — | — | $123,411 | $1,316 |
| 2011 | — | — | $132,808 | $1,480 |
| 2010 | — | — | $137,533 | $1,931 |
| 2009 | — | — | $170,717 | $2,079 |
| 2008 | — | — | $197,035 | $2,869 |
| 2007 | — | — | $40,000 | $839 |
Property facts
Year built
2007
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,058 sqft
Lot size
16,335 sqft
ZIP code
33898
City
Lake Wales
Street
Redwood Way
Coordinates
27.91433, -81.53008
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,807
Gross rental yield
12.52%
Implied cap rate
8.14%
Trend-extrapolated value
—
Frequently asked questions
When did 874 Redwood Way last sell?
874 Redwood Way most recently sold on Apr 20, 2022 for $365,000.
What is the current tax assessment for 874 Redwood Way?
The most recent total assessment for 874 Redwood Way (year 2025) is $269,513 with $3,712 in property tax.
How does 874 Redwood Way's assessment compare to its last sale price?
The current assessment is 26.2% below the last sale price of $365,000.
When was 874 Redwood Way built?
874 Redwood Way was built in 2007.
How does 874 Redwood Way compare to others on Redwood Way?
We track 7 other properties on Redwood Way. Browse the list under "Other properties on Redwood Way" to compare beds, baths, and sale history.
What are the property facts for 874 Redwood Way?
874 Redwood Way is a 4 bed, 3 bath, 2,058 sqft, 16,335 sqft lot single_family.
Is 874 Redwood Way a flip candidate?
No — 874 Redwood Way does not appear in our flips dataset.
Is 874 Redwood Way a tax-appeal candidate?
No — 874 Redwood Way 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 Redwood Way