$32,500
SOLD MAR 6, 2025

520 Margaret Ln Lake Wales, FL 33853

0.27 Acre
$120,370 Price per Acre
11,761 Sq Ft Lot

Recently Sold

$14 Per Sq Ft

7% Below List Price

11 Days on Market

About This Lot

As of March 2025

Discover a fantastic opportunity with this spacious parcel of land located at 520 Margaret Ln in Lake Wales, FL. This property has a generous lot size, providing ample space for building your dream home or investment project. Surrounded by natural beauty, enjoy the tranquility while being conveniently close to local amenities and attractions. Don't miss the chance to own a piece of Lake Wales and create a future in this charming area.

Last Agent to Sell the Property

Steven Koleno

BEYCOME OF FLORIDA LLC Brokerage Phone: 844-239-2663 License #3469487 Listed on: 01/26/2025

Last Buyer's Agent

Anne Halbert

LIVE FLORIDA REALTY License #3559846

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $594

Lot Details

  • 0.27 Acre Lot
  • Property is zoned R-1A

Utilities

  • Septic Needed

Community Details

  • No Home Owners Association
  • Atkinson Sub Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Assessor Parcel Number 27-30-01-892500-001020

Property Details

Property Type

Land

Est. Annual Taxes

$594

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.27
  • Lot Size Sq Ft: 11761
  • Directions to Property: Take US-27 South to FL-60 East, then turn right on 5th St and left onto Margaret Ln.
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 173480923
  • RATIO Current Price By Calculate: 2.76
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 844-239-2663
  • Tax Year: 2024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 520

Exterior Features

  • Waterfront: No
  • Road Surface Type: Concrete
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22
  • Flood Zone Panel: 12105C0565H
  • Price Per Acre: 120370

Utilities

  • Utilities: Water Available, Water Nearby
  • Sewer: Septic Needed
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: R-1A
  • Parcel Number: 27-30-01-892500-001020
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 0
  • Flood Zone Code: None
  • Lot Size Square Meters: 1093

Tax Info

  • Tax Annual Amount: 594
  • Tax Block: 1
  • 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

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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

  • Steven Koleno

    Seller's Agent in 2025

    Steven Koleno

    BEYCOME OF FLORIDA LLC

    (312) 300-6768

    7 in this area

    11,197 Total Sales

    Steven Koleno
    Section Image

  • A

    Buyer's Agent in 2025

    Anne Halbert

    LIVE FLORIDA REALTY

    (402) 460-1352

    3 in this area

    71 Total Sales

    Anne Halbert
    Section Image
  • Renee Butler

    Seller's Agent in 2024

    Renee Butler

    BROKERS REALTY OF CENTRAL FLOR

    (863) 412-1070

    10 in this area

    465 Total Sales

    Renee Butler
    Section Image
  • Kim Davis

    Buyer's Agent in 2024

    Kim Davis

    CROSBY & ASSOCIATES, INC.

    (850) 625-8855

    4 in this area

    32 Total Sales

    Kim Davis
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6274953

Stellar MLS

APN: 27-30-01-892500-001020

Florida Polk County Lake Wales 33853

520 Margaret Ln, Lake Wales, FL

This home is located at 520 Margaret Ln, Lake Wales, FL 33853 and is currently priced at $32,500, approximately $13 per square foot. 520 Margaret Ln is a home located in Polk County with nearby schools including Spook Hill Elementary School, Bartow Elementary Academy, and Mclaughlin Middle School And Fine Arts Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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