$350,000
SOLD OCT 29, 2024

520 Margaret Ln Lake Wales, FL 33853

4 Beds
3 Baths
2,875 Sq Ft
0.36 Acres

Recently Sold

$122 Per Sq Ft

13 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Double Pane Windows
  • Bartow Senior High School Rated A-
  • Oversized Parking
  • 4-minute walk to Larry Linton Sports Complex

About This Home

As of March 2025

The property you are inquiring about is located in Lake Wales, FL in the Northshore-Hillside-Osceola area of Polk County. This updated 4-bedroom, 2-bathroom home with over 2,800 square feet of spacious living/dining area is located on a woodsy corner lot, close to downtown Lake Wales, shopping, and restaurants! This home is a "you have to see it, to believe it", with double-pane windows, new flooring, and an almost new A/C (1 and 1/2 years old)! Along with a front deck for those cool evenings and patio for relaxing mornings. Call, text to see it today! **Agents, please read MLS remarks.**

Last Agent to Sell the Property

Renee Butler

BROKERS REALTY OF CENTRAL FLOR Brokerage Phone: 863-294-6773 License #316015 Listed on: 09/18/2024

Last Buyer's Agent

Kim Davis

CROSBY & ASSOCIATES, INC. License #3510081

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1947

Lot Details

  • 0.36 Acre Lot
  • West Facing Home
  • Wood Fence
  • Property is zoned R-1A

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,875 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Awning
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Dinette
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Atkinson Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,958

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 2875
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1947
  • Building Area Total: 2875
  • Lot Size Sq Ft: 15599
  • Directions to Property: Take FL-540 E/Cypress Gardens Blvd and US-27 S to Dr JA Wiltshire Ave in Lake Wales. Follow Dr JA Wiltshire Ave, N Wales Dr and Edgewater Dr/Osceola Ave to Margaret Ln. Turn left onto Dr JA Wiltshire Ave. Turn right onto N Wales Dr. Turn left onto Springer Dr. Turn left onto Edgewater Dr/Osceola Ave. Turn right onto Margaret Ln. Destination will be on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1036804
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 121.74
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 863-294-6773
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Window Features: Double Pane Windows
  • Street Number Modifier: 520
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 267.10
  • Room Count: 9

Exterior Features

  • Direction Faces: West
  • Exterior Features: Awning(s), Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Oversized

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-1A
  • Parcel Number: 27-30-01-892500-002020
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1449

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1958.31
  • Tax Block: 2
  • Tax Book Number: 23-33
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2025
Closed on
Mar 5, 2025
Sold by
Offer Express Ltd
Bought by
Merrell Cheryl and Merrell Robert
Seller's Agent
Steven Koleno
BEYCOME OF FLORIDA LLC
Buyer's Agent
Anne Halbert
LIVE FLORIDA REALTY
List Price
$34,900
Sold Price
$32,500
Premium/Discount to List
-$2,400
-6.88%
Views
6
Current Estimated Value
$32,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362
Avg. Annual Appreciation
1049.61%

Purchase Details

Closed on
Dec 2, 1996
Sold by
R T Nelson Jr Tr
Bought by
Love Jr John W and Campbell Virginia N
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $32,500 Empora Title
Warranty Deed $32,500 Empora Title
Warranty Deed $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $32,500 -6.9% $14 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/26/2025 01/26/25 For Sale $34,900 -90.0% $15 / Sq Ft
10/29/2024 10/29/24 Sold $350,000 0.0% $122 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $350,000 -- $122 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2023 $583 $30,000 $30,000 $0
2022 $432 $23,000 $23,000 $0
2021 $415 $21,000 $21,000 $0
2020 $398 $20,000 $20,000 $0
2018 $405 $19,500 $19,500 $0
2017 $403 $19,500 $0 $0
2016 $414 $19,500 $0 $0
2015 $395 $18,150 $0 $0
2014 $365 $16,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4932081

Stellar MLS

APN: 27-30-01-892500-001020