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538 Palencia Pl

Lakeland, FL 33803

3 bd 2 ba 1,538 sqft Built 2022 Lot 6,852 sqft single_family
Most recent sale
$389,900
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2024 Sold $395,000 StellarMLS
May 23, 2024 Price changed $425,000 StellarMLS
Apr 16, 2024 Listed $435,000 StellarMLS
Jun 30, 2022 Sold $389,900 MLS #L4929141
Apr 8, 2022 Listed $389,900 MLS #L4929141

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $269,536 $21,241 $290,777 $5,245
2024 $269,536 $21,241 $290,777 $5,084
2023 $249,929 $27,408 $277,337 $5,055
2022 $13,520 $13,520 $248

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,538 sqft
Lot size
6,852 sqft
ZIP code
33803
City
Lakeland
Street
Palencia Pl
Coordinates
28.00966, -81.96244

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,845
Gross rental yield
8.76%
Implied cap rate
5.69%
Trend-extrapolated value

Frequently asked questions

When did 538 Palencia Pl last sell?
538 Palencia Pl most recently sold on Jun 30, 2022 for $389,900.
What is the current tax assessment for 538 Palencia Pl?
The most recent total assessment for 538 Palencia Pl (year 2025) is $290,777 with $5,245 in property tax.
How does 538 Palencia Pl's assessment compare to its last sale price?
The current assessment is 25.4% below the last sale price of $389,900.
When was 538 Palencia Pl built?
538 Palencia Pl was built in 2022.
How does 538 Palencia Pl compare to others on Palencia Pl?
We track 8 other properties on Palencia Pl. Browse the list under "Other properties on Palencia Pl" to compare beds, baths, and sale history.
What are the property facts for 538 Palencia Pl?
538 Palencia Pl is a 3 bed, 2 bath, 1,538 sqft, 6,852 sqft lot single_family.
Is 538 Palencia Pl a flip candidate?
No — 538 Palencia Pl does not appear in our flips dataset.
Is 538 Palencia Pl a tax-appeal candidate?
No — 538 Palencia Pl 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
-3.6%
Implied 1-yr
-14.5%
2026 Q3
$326.6K
2026 Q4
$311K
ZIP 33803 — Median Price History + Forecast

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