506 Wales Dr
Lake Wales, FL 33853
2 bd 1 ba 924 sqft Built 1947 Lot 6,534 sqft single_family
Most recent sale
$170,000
Apr 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 1, 2025 | Listing removed | $172,000 | StellarMLS |
| May 2, 2025 | Price changed | $172,000 | StellarMLS |
| Apr 25, 2025 | Price changed | $175,000 | StellarMLS |
| Apr 13, 2025 | Price changed | $179,000 | StellarMLS |
| Mar 11, 2025 | Price changed | $190,000 | StellarMLS |
| Feb 12, 2025 | Price changed | $191,000 | StellarMLS |
| Jan 30, 2025 | Price changed | $191,500 | StellarMLS |
| Jan 14, 2025 | Price changed | $192,000 | StellarMLS |
| Nov 11, 2024 | Listed | $199,000 | StellarMLS |
| Jan 4, 2024 | Listing removed | $195,000 | StellarMLS |
| Jan 3, 2024 | Listing removed | $195,000 | StellarMLS |
| Jun 15, 2023 | Listed | $195,000 | StellarMLS |
| Apr 30, 2022 | Sold | $170,000 | MLS #O6008999 |
| Apr 1, 2022 | Price changed | $179,999 | MLS #O6008999 |
| Mar 8, 2022 | Listed | $189,999 | MLS #O6008999 |
| Aug 20, 2021 | Sold | $83,000 | MLS #L4922852 |
| Jul 20, 2021 | Price changed | $89,000 | MLS #L4922852 |
| Jul 10, 2021 | Price changed | $99,000 | MLS #L4922852 |
| Jun 11, 2021 | Price changed | $99,900 | MLS #L4922852 |
| May 21, 2021 | Listed | $119,000 | MLS #L4922852 |
| Mar 10, 2021 | Sold | $50,000 | Public Record |
| Jun 15, 2006 | Sold | $35,000 | Public Record |
| Dec 1, 1985 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $115,576 | $15,000 | $130,576 | $1,919 |
| 2023 | $115,032 | $14,500 | $129,532 | $2,661 |
| 2022 | $63,486 | $12,000 | $75,486 | $1,565 |
| 2021 | — | — | $54,329 | $1,275 |
| 2020 | — | — | $49,390 | $1,176 |
| 2019 | — | — | $44,900 | $1,124 |
| 2018 | — | — | $40,818 | $1,023 |
| 2017 | $28,107 | $9,000 | $37,107 | $912 |
| 2016 | $24,788 | $9,000 | $33,788 | $863 |
| 2015 | $21,904 | $9,900 | $31,804 | $688 |
| 2014 | — | — | $29,339 | $669 |
| 2013 | — | — | $33,702 | $788 |
| 2012 | — | — | $32,461 | $755 |
| 2011 | — | — | $35,406 | $811 |
| 2010 | — | — | $46,892 | $1,057 |
| 2009 | — | — | $59,234 | $1,323 |
| 2008 | — | — | $75,052 | $1,680 |
| 2007 | — | — | $91,910 | $2,049 |
Property facts
Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
924 sqft
Lot size
6,534 sqft
ZIP code
33853
City
Lake Wales
Street
Wales Dr
Coordinates
27.90839, -81.58142
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,709
Gross rental yield
12.06%
Implied cap rate
7.84%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Wales Dr last sell?
506 Wales Dr most recently sold on Apr 30, 2022 for $170,000.
What is the current tax assessment for 506 Wales Dr?
The most recent total assessment for 506 Wales Dr (year 2025) is $130,576 with $1,919 in property tax.
How does 506 Wales Dr's assessment compare to its last sale price?
The current assessment is 23.2% below the last sale price of $170,000.
When was 506 Wales Dr built?
506 Wales Dr was built in 1947.
How does 506 Wales Dr compare to others on Wales Dr?
We track 6 other properties on Wales Dr. Browse the list under "Other properties on Wales Dr" to compare beds, baths, and sale history.
What are the property facts for 506 Wales Dr?
506 Wales Dr is a 2 bed, 1 bath, 924 sqft, 6,534 sqft lot single_family.
Is 506 Wales Dr a flip candidate?
Yes — 506 Wales Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 506 Wales Dr a tax-appeal candidate?
No — 506 Wales 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
+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 Wales Dr