Video tour
$2,316 Closing Credit¹
#O6252505, Kalanda Scarvers, Listing Office: SPANN & ASSOCIATES REAL ESTATE
$2,274
closing credit¹
506 N Wales Dr Lake Wales, FL 33853
$191,500 List price
$2,274
Closing credit¹
2 beds
1 full
924 sqft
0.1 acres
$207 / sqft
House
Property details
About 506 N Wales Dr
Welcome to your charming home located in the heart of historic Lake Wales! This beautifully updated 2-bedroom, 1-bath home offers 924 sq ft of inviting living space, blending modern comforts with classic character. Nestled on a quiet street with convenient alley access, this home provides both privacy and easy accessibility. Inside, you’ll find a bright, open layout with recent updates throughout, including stylish fixtures and finishes that make it move-in ready. The cozy kitchen is equipped with updated appliances and ample cabinetry, making it both functional and inviting. Each bedroom is spacious and thoughtfully designed. Located just moments from local landmarks like the legendary Spook Hill, family-friendly Legoland, and the vibrant downtown Winter Haven, this home is perfectly positioned for leisure and convenience. Whether you’re enjoying a day at the theme parks or exploring the unique charm of Lake Wales, everything you need is right at your doorstep. Don’t miss your chance to own this gem in one of Central Florida’s most desirable areas.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Size924 sqft
Lot size0.15 Acres
Year built1947
MLS #L4948764
Virtual tour
Summary
- MLS Number: L4948764
- MLS Name: MFRMLS
- Office Name: COLDWELL BANKER REALTY
- Office Phone: (863) 687-2233
- Listing Agent: Danny Chandler, Jr
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/8/2025, 2:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$191,500
506 N Wales Dr
$2,274
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 10, 2022 | Home Sold | $170,000 |
| Aug 25, 2021 | Home Sold | $83,000 |
| Mar 10, 2021 | Home Sold | $50,000 |
| Jan 26, 2007 | Home Sold | $40,000 |
| Jun 15, 2006 | Home Sold | $35,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $129,532 | $1,878 |
| 2022 | $75,486 | $1,565 |
| 2021 | $63,960 | $1,565 |
| 2020 | $49,390 | $1,124 |
| 2018 | $40,818 | $912 |
| 2017 | $37,107 | $912 |
History based on county public records data.
Nearby schools
2
Spook Hill Elementary School
Public District PK-5
0.2 mi
•321 Dr J A Wiltshire Ave E
2
Polk Avenue Elementary School
Public Charter PK-5
0.9 mi
•110 E Polk Ave
2
Janie Howard Wilson School
Public Charter PK-5
1.0 mi
•306 Florida Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,729. The most common annual income of people living in Lake Wales, FL is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
38%
<35k
47%
35k-100k
10%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
33%
Single, No Kids
17%
Single, with Kids
31%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
37%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Extreme Sports
Motocross
NASCAR
Where do the neighbors shop?
Academy Sports & Outdoors
GameStop
Dollar General
Where do the neighbors go to eat?
Little Caesars
Sonic
Cracker Barrel
What do the neighbors drive?
Chevrolet
Jeep
Ram
What do the neighbors listen to?
Country- Classic Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 506 N Wales Dr
This home is located at 506 N Wales Dr in Lake Wales, FL and zip code 33853. This 924 square foot home, which was built in 1947, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $191,500.
In January 2025, from all listings sold in Lake Wales, FL there were more than 8 sold above asking price, over 18 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Lake Wales, FL between December and January 2025 increased by 3.8%. In January 2025, listings were on the market for 86 days. During the same period, the median list price in this real estate market was $279,667.
From Rocket Homes Real Estate and based on county public records data.