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Sold for $170,000
    • $170,000

    742 HIBISCUS AVENUE, LAKE WALES, FL 33853

    3beds
    1,352sqft
    Single Family Residence
    Built in 1928
    0.34 Acres Lot
    $181,000 Zestimate®
    $126/sqft
    $1,735 Estimated rent

    Home value

    $181,000

    $172,000 - $190,000

    $1,735/mo

    Zestimate® history

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    What's special

    ATTENTION INVESTORS!! Great investment opportunity! Two dwellings on one large lot, cozy 3bedroom, 2bath single family home plus a second 1BR, 1BATH cottage! Perfect for an investor looking for a great rental property. The main house is loaded with character, a fireplace and hard wood floors, central heat & air, public utilities, spacious kitchen with range, refrigerator & dishwasher. The second dwelling is a few steps away, perfect for a multi-generation setting, guests or a great rental. Located minutes to downtown, Wal-Mart, shopping, dining and across the street from the neighborhood Catholic Church and medical facilities. This property is located in a fantastic area, zoning is R-3.

    Zillow last checked:

    Listing updated:

    Listed by:

    Cathy Kluytenaar 863-604-6220,

    THE K TEAM REAL ESTATE SERVICES LLC 863-604-1601

    Bought with:

    Angie Reynolds, 3434107

    PORCHLIGHT HOMES LLC

    Source: Stellar MLS,MLS#: P4939408MLS LogoOriginating MLS: East Polk

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: Built-in Closet
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Kitchen
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 12x13
    Living room
    • Level: First
    • Area: 192 Square Feet
    • Dimensions: 12x16
    Heating
    • Central, Wall Units / Window Unit
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Range, Refrigerator
    • Laundry: Other
    Features
    • Open Floorplan
    • Flooring: Tile, Hardwood
    • Has fireplace: Yes
    • Fireplace features: Living Room, Wood Burning
    Interior area
    • Total structure area: 1,942
    • Total interior livable area: 1,352 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Other
    Lot
    • Size: 0.34 Acres
    • Dimensions: 125 x 120
    Details
    • Parcel number: 273012918000002010
    • Zoning: R-3
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Crawlspace, Pillar/Post/Pier
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1928

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: HIBISCUS PARK
    HOA
    • Has HOA: No
    Location
    • Region: Lake Wales

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $161,128
    • Annual tax amount: $2,866
    • Date on market: 7/24/2026
    • Cumulative days on market: 202 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/31/2026Sold$170,000-10.1%$126/sqft
    Source: Stellar MLS #P4939408 Report a problem
    8/13/2026Pending sale$189,000$140/sqft
    Source: Stellar MLS #P4939408 Report a problem
    7/24/2026Listed for sale$189,000-28.7%$140/sqft
    Source: Stellar MLS #P4939408 Report a problem
    7/4/2026Listing removed$265,000$196/sqft
    Source: Stellar MLS #L4958191 Report a problem
    2/19/2026Price change$265,000-33.6%$196/sqft
    Source: Stellar MLS #L4958191 Report a problem
    1/31/2026Price change$399,000-6.1%$295/sqft
    Source: Stellar MLS #L4958191 Report a problem
    1/3/2026Listed for sale$425,000$314/sqft
    Source: Stellar MLS #L4958191 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,519 +9.9%$112,109 +10%
    2024$2,292 +5.2%$101,917 +10%
    2023$2,178 +14.3%$92,652 +10%
    2022$1,905 +14.3%$84,229 +10%
    2021$1,666 +11.2%$76,572 +10%
    2020$1,498 +11.6%$69,611 +10%
    2019$1,342 -17.9%$63,283 -15.3%
    2018$1,634 +2.6%$74,722 +42.9%
    2017$1,593 +45.1%$52,300 +10%
    2016$1,098 +4.7%$47,545 +10%
    2015$1,048 +8.1%$43,223 +10%
    2014$970 +16.5%$39,294 +13%
    2013$833 +13.7%$34,780 +8.9%
    2011$733 -24.8%$31,948 -26%
    2010$974 -34.9%$43,192 -29.8%
    2009$1,496 -20.9%$61,548 -27.1%
    2008$1,892 $84,464
    2007-- --
    2005-- --
    2004$1,119 +4.9%--
    2003$1,066 -0.5%$40,860 -3.7%
    2002$1,072 +8.8%$42,430 +8.8%
    2001$985 $39,000
    Find assessor info on the county website

    Neighborhood: 33853

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    Estimated market value

    $181,000

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