315 E STREET, Lake Wales, FL, 33853
About This Home
Under contract-accepting backup offers. Short Sale. Welcome home to this charming residence located in the heart of historic Lake Wales! This move-in-ready property offers the perfect combination of comfort, convenience, and affordability, making it an excellent opportunity for first-time homebuyers, downsizers, or investors. Ideally situated just minutes from vibrant Downtown Lake Wales, you’ll enjoy easy access to local dining, boutique shopping, parks, and year-round community events. Commuters will appreciate the quick access to US Highway 27 and State Road 60, providing convenient travel to Winter Haven, Haines City, Bartow, Lakeland, Orlando, Tampa, and Central Florida attractions. Nearby conveniences include: * Shopping at Southgate Shopping Center and Lake Wales Plaza, featuring grocery stores, retail shopping, and everyday essentials. * Local dining favorites including Melanie’s Seafood Company, Lake Wales Family Restaurant, L’Incontro Italian Restaurant, and Crazy Fish Seafood Shack. Nearby Schools * Elementary: Polk Avenue Elementary School (Lake Wales Charter Schools) * Middle: Bok Academy North * High: Lake Wales High School (Lake Wales Charter Schools) Whether you’re searching for a primary residence or an investment opportunity, this home’s central location places you close to schools, shopping, restaurants, medical facilities, and everything Lake Wales has to offer. Don’t miss your opportunity to own an affordable home in one of Central Florida’s growing communities!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1957
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Block
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: Outside
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Eating Space In Kitchen,Living Room/Dining Room Combo,Open Floorplan,Stone Counters,Walk-In Closet(s)
- Flooring: Ceramic Tile
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,086
- Total interior livable area: 1,056 sqft
Kitchen
- Level: First
- Area: 100
- Dimensions: 10x10
Living Room
- Level: First
- Area: 224
- Dimensions: 14x16
Primary Bathroom
- Level: First
- Area: 80
- Dimensions: 8x10
Primary Bedroom
- Features: Walk-In Closet(s)
- Level: First
- Area: 144
- Dimensions: 12x12
Property
Details
- Parcel number: 272934873500001070
- Zoning: R-3
- Special condition: Short Sale
Features
- Levels: One
- Stories: 1
- Exterior features: Lighting
Lot
- Lot size: 5,371 sqft
- Lot size dimensions: 50 x 107
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Strong Wind
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Polk County and Florida
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $960 | $11,520 |
| Home Insurance * | $209 | $2,508 |
| Property Taxes | $115 | $1,380 |
| Electricity | $197 | $2,366 |
| Total | $1,481 | $17,772 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Listed for sale | $190,000 |
| 2026-08-10 | Contingent | $190,000 |
| 2026-07-28 | Listed for sale | $190,000 |
| 2025-06-30 | Sold | $190,000 |
| 2025-04-16 | Pending sale | $169,990 |
| 2025-04-01 | Price change | $169,990 |
| 2025-03-24 | Price change | $185,000 |
| 2025-03-14 | Price change | $189,490 |
| 2025-01-29 | Price change | $194,990 |
| 2025-01-03 | Price change | $205,000 |
| 2024-12-27 | Price change | $206,000 |
| 2024-12-20 | Price change | $207,000 |
| 2024-12-13 | Price change | $208,000 |
| 2024-12-09 | Price change | $209,000 |
| 2024-11-27 | Price change | $210,000 |
| 2024-11-13 | Price change | $219,900 |
| 2024-10-27 | Listed for sale | $224,999 |
| 2024-10-01 | Listing removed | $214,990 |
| 2024-09-16 | Price change | $219,980 |
| 2024-09-05 | Price change | $224,900 |
| 2024-08-29 | Price change | $229,900 |
| 2024-03-18 | Listed for sale | $244,900 |
| 2024-01-06 | Listing removed | -- |
| 2024-01-04 | Price change | $244,900 |
| 2023-11-20 | Listed for sale | $249,900 |
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