514 S 7th St Lake Wales, FL 33853
3
Beds
1
Bath
1,264
Sq Ft
0.26
Acres
Highlights
- Granite Countertops
- No HOA
- Oversized Lot
- Bartow Senior High School Rated A-
- Cooking Island
- Breakfast Bar
About This Home
As of July 2025One or more photo(s) has been virtually staged. MOVE-IN READY! This beautifully renovated home sits on an oversized lot in the heart of Lake Wales, offering both comfort and convenience. Recent updates include a newer roof (2021), A/C (2019), a brand-new kitchen, and new windows. The home features durable, high-traffic LifeProof 22-mil Dusk Cherry vinyl flooring, known for its stylish appearance and resilience. Freshly painted inside and out, the property exudes a modern and welcoming atmosphere. Located just minutes from shopping, Lake Wailes Lake, Bok Tower Gardens, schools, and hospitals, this home is ideal for anyone eager to enjoy the best of Lake Wales living.
Last Agent to Sell the Property
EXP REALTY LLC Brokerage Phone: 407-375-9142 License #3083307 Listed on: 01/06/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,139
Year Built
- Built in 1946
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 75x150
- South Facing Home
- Fenced
- Oversized Lot
- Property is zoned R-3
Home Design
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 1,264 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Living Room
- Dining Room
- Vinyl Flooring
- Crawl Space
- Washer Hookup
Kitchen
- Breakfast Bar
- Range
- Cooking Island
- Granite Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Exterior Lighting
- Private Mailbox
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Palm Park Terrace Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 15 / A
- Assessor Parcel Number 27-30-12-920500-001150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2022
Closed on
Feb 28, 2022
Sold by
Rauls Remodeling & Painting Llc
Bought by
Verrastro Javier
Seller's Agent
Maykol Romo
VESTI LLC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$165,000
Sold Price
$175,000
Premium/Discount to List
$10,000
6.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$113,750
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 12, 2021
Closed on
Oct 29, 2021
Sold by
Baker Lee
Bought by
Raul S Remodeling And Painting Llc
Seller's Agent
Nicholas Thompson
RE/MAX SELECT GROUP
Buyer's Agent
Maykol Romo
VESTI LLC
List Price
$80,000
Sold Price
$95,000
Premium/Discount to List
$15,000
18.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
536.77%
Purchase Details
Closed on
Nov 26, 2018
Sold by
Baker Carob L
Bought by
Baker Lee
Purchase Details
Closed on
Jun 19, 2015
Sold by
M & T Bank
Bought by
Baker Lee and Baker Carole L
Purchase Details
Closed on
May 12, 2015
Sold by
Macri Louis J and Case #2013Ca-005665-0000-00
Bought by
M & T Bank
Purchase Details
Closed on
Oct 15, 1993
Sold by
Turner Mark S and Turner Michelle C
Bought by
Macri Louis J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
6.9%
Similar Homes in Lake Wales, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $175,000 | None Listed On Document | |
| Warranty Deed | $95,000 | Oak Harbor Title Svcs Llc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $27,500 | Team Title Usa Llc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $39,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $85,000 | Balloon | |
| Closed | $113,750 | New Conventional | |
| Previous Owner | $60,000 | New Conventional | |
| Previous Owner | $15,000 | New Conventional | |
| Previous Owner | $38,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Sold | $190,000 | 0.0% | $150 / Sq Ft |
| 06/11/2025 06/11/25 | Pending | -- | -- | -- |
| 06/06/2025 06/06/25 | Off Market | $190,000 | -- | -- |
| 04/25/2025 04/25/25 | Price Changed | $214,900 | -4.5% | $170 / Sq Ft |
| 02/25/2025 02/25/25 | Price Changed | $225,000 | -2.2% | $178 / Sq Ft |
| 02/10/2025 02/10/25 | Price Changed | $230,000 | -2.1% | $182 / Sq Ft |
| 01/06/2025 01/06/25 | For Sale | $235,000 | 0.0% | $186 / Sq Ft |
| 07/01/2023 07/01/23 | Rented | $1,800 | 0.0% | -- |
| 06/27/2023 06/27/23 | Under Contract | -- | -- | -- |
| 05/21/2023 05/21/23 | For Rent | $1,800 | 0.0% | -- |
| 05/20/2022 05/20/22 | Rented | $1,800 | 0.0% | -- |
| 04/25/2022 04/25/22 | Under Contract | -- | -- | -- |
| 03/24/2022 03/24/22 | Price Changed | $1,800 | -7.7% | $1 / Sq Ft |
| 03/16/2022 03/16/22 | For Rent | $1,950 | 0.0% | -- |
| 02/28/2022 02/28/22 | Sold | $175,000 | +6.1% | $158 / Sq Ft |
| 01/15/2022 01/15/22 | Pending | -- | -- | -- |
| 01/10/2022 01/10/22 | For Sale | $165,000 | +73.7% | $149 / Sq Ft |
| 10/29/2021 10/29/21 | Sold | $95,000 | +18.8% | $86 / Sq Ft |
| 10/14/2021 10/14/21 | Pending | -- | -- | -- |
| 10/12/2021 10/12/21 | For Sale | $80,000 | -- | $72 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,139 | $156,144 | $14,143 | $142,001 |
| 2023 | $3,032 | $148,599 | $13,577 | $135,022 |
| 2022 | $2,711 | $136,452 | $11,314 | $125,138 |
| 2021 | $716 | $63,062 | $0 | $0 |
| 2020 | $716 | $62,191 | $0 | $0 |
| 2019 | $723 | $60,793 | $9,617 | $51,176 |
| 2018 | $1,219 | $51,725 | $9,051 | $42,674 |
| 2017 | $1,165 | $49,273 | $0 | $0 |
| 2016 | $1,247 | $44,794 | $0 | $0 |
| 2015 | $956 | $43,778 | $0 | $0 |
| 2014 | -- | $39,798 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Daniel Betancourt
EXP REALTY LLC
(407) 375-9142
6 in this area
255 Total Sales
-
Seller Co-Listing Agent in 2025
Luis Mendez
EXP REALTY LLC
(407) 790-6232
7 in this area
65 Total Sales
-
Buyer's Agent in 2025
Susan Shubert
CENTURY 21 WATSON & MYERS REALTY
(843) 906-7548
2 in this area
11 Total Sales
-
Seller's Agent in 2023
ELIZABETH LUQUES
Brokers, LLC
(786) 394-7630
16 Total Sales
-
Seller's Agent in 2022
Maykol Romo
VESTI LLC
(321) 287-2378
2 in this area
82 Total Sales
-
S
Buyer's Agent in 2022
Stellar Non-Member Agent
FL_MFRMLS
Map
Source: Stellar MLS
MLS Number: O6267383
APN: 27-30-12-920500-001150
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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