This home is a charming 2 bedroom 1 bath home on a oversized lot with no HOA, great for the first time homebuyer or a small family. The home has a great front porch, perfect for relaxing and having a cup of coffee. Once entering into the home is the living room which leads into the kitchen. There is another enclosed porch which has windows that brings in all the sunlight. The home has a metal roof and vinyl siding. The outside had a garage and a small workshop inside, along with a metal roof. There is a playground just around the corner. Please don't miss the opportunity to view this home.
For sale
Price cut: $55K (4/10)
$120,000
555 Morrel Ave, Lake Wales, FL 33859
2beds
624sqft
Est.:
Single Family Residence
Built in 1950
5,140 Square Feet Lot
$-- Zestimate®
$192/sqft
$-- HOA
What's special
Metal roofSmall workshop insideOversized lotVinyl siding
- 27 days |
- 724 |
- 38 |
Zillow last checked:
Listing updated:
Listing Provided by:
Joni Reiter 863-287-8274,
COLDWELL BANKER REALTY 863-294-7541
Source: Stellar MLS,MLS#: P4934119
Originating MLS: East Polk
Originating MLS: East Polk
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 2
- Features: Ceiling Fan(s), Built-in Closet
- Level: First
- Area: 110 Square Feet
- Dimensions: 10x11
Balcony porch lanai
- Features: Ceiling Fan(s)
- Level: First
- Area: 152 Square Feet
- Dimensions: 8x19
Balcony porch lanai
- Features: Ceiling Fan(s)
- Level: First
- Area: 105 Square Feet
- Dimensions: 7x15
Kitchen
- Features: Ceiling Fan(s)
- Level: First
- Area: 108 Square Feet
- Dimensions: 12x9
Living room
- Features: Ceiling Fan(s)
- Level: First
- Area: 180 Square Feet
- Dimensions: 12x15
Heating
- None
Cooling
- None
Appliances
- Included: Electric Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: In Garage
Features
- Ceiling Fan(s)
- Flooring: Linoleum, Hardwood
- Has fireplace: No
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 896
- Total interior livable area: 624 sqft
Property
Parking
- Total spaces: 1
- Parking features: RV Access/Parking, Workshop in Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Enclosed, Front Porch, Rear Porch
- Exterior features: Rain Gutters, Storage
Lot
- Size: 5,140 Square Feet
- Dimensions: 57 x 90
- Features: Cleared, Corner Lot, In County
- Residential vegetation: Trees/Landscaped
Details
- Additional structures: Shed(s), Workshop
- Parcel number: 273006913000018210
- Zoning: R-3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Wood Frame
- Foundation: Crawlspace
- Roof: Metal
Condition
- Completed
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, Water Connected
Community & HOA
Community
- Features: Playground
- Pet fee: $0 monthly
- Subdivision: WEST LAKE WALES
HOA
- Has HOA: No
Location
- Region: Lake Wales
Financial & listing details
- Price per square foot: $192/sqft
- Tax assessed value: $70,868
- Annual tax amount: $1,310
- Date on market: 3/15/2025
- Cumulative days on market: 385 days
- Listing terms: Cash,Conventional,FHA,USDA Loan
- Ownership: Fee Simple
- Total actual rent: 0
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,247/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/10/2026 | Price change | $120,000-31.4%$192/sqft |
Source:  Stellar MLS #P4934119 Report a problem | ||
| 3/17/2026 | Listed for sale | $175,000$280/sqft |
Source: Stellar MLS #P4934119 Report a problem | ||
| 3/9/2026 | Listing removed | $175,000$280/sqft |
Source: Stellar MLS #P4934119 Report a problem | ||
| 10/21/2025 | Price change | $175,000-5.4%$280/sqft |
Source: Stellar MLS #P4934119 Report a problem | ||
| 6/26/2025 | Price change | $185,000-2.6%$296/sqft |
Source: Stellar MLS #P4934119 Report a problem | ||
| 4/27/2025 | Price change | $190,000-3.6%$304/sqft |
Source: Stellar MLS #P4934119 Report a problem | ||
| 3/15/2025 | Listed for sale | $197,000$316/sqft |
Source: Stellar MLS #P4934119 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $677 +19.1% | $39,398 +10% |
| 2023 | $568 +13.4% | $35,816 +10% |
| 2022 | $501 +12.5% | $32,560 +10% |
| 2021 | $445 +7% | $29,600 +10% |
| 2020 | $416 +4.7% | $26,909 +10% |
| 2019 | $397 -51% | $24,463 -19.3% |
| 2018 | $811 +6% | $30,306 +49.9% |
| 2017 | $765 +166.3% | $20,217 +4% |
| 2016 | $287 +0% | $19,436 +3.3% |
| 2015 | $287 -49.2% | $18,824 +10% |
| 2014 | $566 +85.1% | $17,113 -13.1% |
| 2013 | $306 +4.8% | $19,693 +3.8% |
| 2012 | $292 -9.8% | $18,973 -8.7% |
| 2011 | $324 -14% | $20,791 -12.3% |
| 2010 | $376 -33.5% | $23,718 -29.2% |
| 2009 | $565 -16.5% | $33,512 -22.3% |
| 2008 | $677 | $43,110 |
| 2007 | -- | -- |
| 2006 | $707 | -- |
| 2005 | -- | -- |
| 2004 | $289 +5.7% | -- |
| 2003 | $274 -2.4% | $16,420 |
| 2002 | $280 +8.6% | $16,420 +8.6% |
| 2001 | $258 | $15,120 |
Find assessor info on the county website
Monthly payment
Est. payment
$773/mo
Principal & interest
$619
Property taxes
$154
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Climate risks
Neighborhood: 33859
Nearby schools
GreatSchools rating
- 2/10Spook Hill Elementary SchoolGrades: PK-5Distance: 4.1 mi
- 1/10Mclaughlin Middle School And Fine Arts AcademyGrades: 6-10Distance: 3.9 mi
- 3/10Frostproof Middle/Senior High SchoolGrades: 6-12Distance: 11.4 mi
Schools provided by the listing agent
- Elementary: Spook Hill Elem
- Middle: Mclaughlin Middle
- High: Lake Wales Senior High
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Florida
- Polk County
- Lake Wales
- 33859
- 555 Morrel Ave
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