543 Morrell Ave, Lake Wales, FL 33859
OFF MARKET

$158,800

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,056 sqft (on 0.27 acres)

543 Morrell Ave, Lake Wales, FL 33859

Est. Refi. Payment $1,117/mo*
Refinance Your Home
Currently Off Market - Sold Mar 16, 2004 for $55,000

Home Value

Trulia Estimate
$159K
Since last month
Decreased$800 (-0.5%)
Since last year
Increased$12K (+7.8%)
Since last sale
Increased$104K (+188.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +200% in the last 10 years
MonthEstimated value
2026
August 2026$159K
August 2026$159K
July 2026$160K
June 2026$160K
May 2026$158K
April 2026$154K
March 2026$153K
February 2026$151K
January 2026$151K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
555 MORREL AVENUE, Lake Wales, FL
0.02
Single-Family Home
$95,000
06/12/26
2
1
624
625 W LAKE WALES ROAD S, Lake Wales, FL
0.11
Single-Family Home
$185,000
11/12/25
3
1
1,056
736 W LAKE WALES ROAD S, Lake Wales, FL
0.17
Single-Family Home
$380,000
04/08/26
5
3.5
2,270
736 W Lake Wales Rd, Lake Wales, FL
0.19
Single-Family Home
$380,000
04/10/26
3
2
4,202
4249 LESTER DRIVE, Lake Wales, FL
1.34
Single-Family Home
$263,000
05/28/26
3
2
1,328
4517 FAITH DRIVE, Lake Wales, FL
1.34
Single-Family Home
$265,990
05/12/26
3
2
1,328
4031 PENELOPE AVENUE, Lake Wales, FL
1.35
Single-Family Home
$259,990
05/05/26
3
2
1,328
4414 BLACKWELL AVENUE, Lake Wales, FL
1.35
Single-Family Home
$282,990
02/26/26
3
2
1,328
4253 LESTER DRIVE, Lake Wales, FL
1.34
Single-Family Home
$275,990
05/29/26
4
2
1,498

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
555 MORREL AVENUE, Lake Wales, FL 33859
0.02
$95,000
2
1
624
Recently Sold
625 W LAKE WALES ROAD S, Lake Wales, FL 33859
0.11
$184,800
3
1
1,056
Off Market
DEPOT STREET LOT 18, Lake Wales, FL 33859
0.13
-
-
-
-
Off Market
736 W LAKE WALES ROAD S, Lake Wales, FL 33859
0.17
$380,000
5
3.5
2,270
Recently Sold
740 W LAKE WALES ROAD S, Lake Wales, FL 33859
0.19
$205,700
3
2
1,458
Off Market
W LAKE WALES ROAD S LOT 8, Lake Wales, FL 33859
0.21
-
-
-
-
Off Market
3534 W LAKE WALES ROAD S, Lake Wales, FL 33859
0.22
-
3
2
924
Off Market
& 3606 State Road, Lake Wales, FL 33859
0.59
-
-
-
-
Off Market
455 Towerwood Blvd, Lake Wales, FL 33859
0.59
$25,500
2
2
-
Foreclosure
124 Lakeside Garden Cir, Lake Wales, FL 33859
0.80
$51,800
2
2
1,152
Off Market
W LAKE WALES ROAD N LOT 9, Lake Wales, FL 33859
0.91
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 543 Morrell Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1948
0.27 acre lot
1,056 sqft
$150/sqft
Garage

About this House

This single-family home is located at 543 Morrell Ave, Lake Wales, FL. 543 Morrell Ave is in Lake Wales, FL and in ZIP code 33859. This property has 2 bedrooms, 1 bathroom and approximately 1,056 sqft of floor space. This property has a lot size of 0.27 acres and was built in 1948.
543 Morrell Ave, Lake Wales, FL 33859 is a 2 bedroom, 1 bathroom, 1,056 sqft single-family home built in 1948. It last sold for $55,000 on Mar 16, 2004. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $158,800, with a rent estimate of $1,557/month.

Home Details for 543 Morrell Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: OtherFoundation Type: Piers
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1948Year Updated: 1948
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Mar 16, 2004
Source: N/A
Sold
$55,000

Market trends in Lake Wales

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$247K
$4.63KMoM
Sale-to-List Price
97.3%
0.4%MoM
Price per sq ft
$170
$1MoM
Available listings
277
15MoM

Around this home

What Locals Say about Lake Wales

At least 208 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 83 % Say yards are well-kept

  • 81 % Say parking is easy

  • 74 % Say it's dog friendly

  • 71 % Say there's holiday spirit

  • 70 % Say it's quiet

  • 63 % Say kids play outside

  • 54 % Say people would walk alone at night

  • 52 % Say they plan to stay for at least 5 years

  • 48 % Say streets are well-lit

  • 47 % Say neighbors are friendly

  • 43 % Say there are sidewalks

  • 41 % Say there's wildlife

  • 34 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Maldonado.melanie
    "Traffic is starting to pick up since they cut thru lake wales to go to poinciana and construction is starting to pop up everywhere "
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  • Bftxw6v7yx
    "I drive my personal vehicle because we don’t have public transit in LW. It’s 16 miles to where I work but it usually takes me 45 minutes because there are too many people on the road. Hwy 27 is like a racetrack and you literally are living on the edge when you drive on it. Too many people for this small area."
    0
    Flag
  • Susanelia11
    "Mainly aims to please the older generation 55+ there really isn’t anything for the younger generations to do. No restaurants mainly just fast food. Have to commute to neighboring cities for entertainment and dining "
    0
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  • Vickie
    "It is a 55 plus neighborhood a lot of activities fishing walking riding golf carts. Bingo a lot more "
    0
    Flag
  • Heather.walker1496
    "Bad schools, no jobs, angry people. I can’t find a school that focuses on kids understanding the material they just pass them into the next grade"
    1
    Flag
  • Michele
    "We live across the street from Bok Tower Gardens. Our neighborhood street have trees & has hills. It makes for a peaceful place to live."
    0
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  • Abby C.
    "I grew up here. People are friendly and considerate. The town is well maintained. Plenty of activities and beautiful scenery."
    0
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  • Ronica K. T.
    "the area offers so many family oriented no cost adventures to discover together. from a simple bike or walk around a lake admiring and learning the natural habitats of many animals which they also call the area "home". from a picnic at a public county Park with access to many nature trails and spring feed crystal clear lakes. to a boat ride or aquatic activities. local well manicured parks filled with genuine family fun, like a game of horseshoes, baseball, soccer, chess, hopscotch, schuffle board, to a simple swing or jungle gym. well maintained park benches located tranquil scenery or just along your chosen path. rolling hills which make any outdoor adventure enjoyable. yet all the daily ammenties you could ever need only located minutes from all local housing areas. major highways connect you to any north, south, east, or west location if you should choose to visit or travel to for work. you are always within reach of true heaven here on Earth and a safe relaxing environment that your family can appreciate to call home. a very rare pristine town with old world Florida architect that printed postcards can"
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  • Michele
    "I’ve lived in this neighborhood for twenty-seven years. It’s close to schools, shopping & across the street from Bok Tower gardens."
    0
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  • Lisa.arroy0212
    "They have a farmers market in town every Saturday from 9-1. Through out the year local churches do public events for the kids. They also have parades and many other fun things for the family. "
    3
    Flag
  • D_cousineau
    "We have lived here for almost a year and love our little neighborhood. Great neighbors and a quiet street."
    0
    Flag
  • Jennifer M.
    "Lots of families and fun country style activities. So many lakes with fishing great little restaurants that are family oriented."
    0
    Flag
  • Edgar A.
    "Nice and quite neighborhood. Not too populated, stores and shoppings are a little apart from mayor areas. But this is a very nice and quite town."
    0
    Flag
  • Desiray.v
    "Quiet, except when there’s baseball or football games. Get really loud any annoying. Bright side there are playgrounds near for kids and a nice lake "
    0
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  • Héctor D. B. M.
    "Really cheap and tranquil. Not much to do but close to Tampa, Orlando and Vero Beach. Good for people who likes to commute "
    22
    Flag
  • Desiray.v
    "Horrible considering my job is in Lakeland since there are no good jobs in lake Wales. Other than that stores are close but there is not a very big of variety of stores to choose from. Also not enough major restaurants. "
    0
    Flag
  • Desiray.v
    "There are sometimes loose dogs running around , big dogs at that. Also a lot of stray cats everywhere. "
    0
    Flag
  • Martha F. M.
    "Indian lake estates, is NOT lake wales, it's Bout 18 miles east on hwy 60. the subdivision is private property which is a plus, however with only one entrance it creates almost 9 miles of excess driving for anyone coming from lake wales. (drive 3 1/2 miles further than necessary the a right turn followed by a right turn basically back tracking where you just came from"
    20
    Flag
  • Pmedina682
    "I lived in this neighborhood for five years now and I think it’s OK and it’s close to my job and all the shopping stores are nearby schools are nearby Walmart so nearby and you have the mall"
    0
    Flag
  • Martha F. M.
    "I see golf carts 4wheelers bikers and boats headed to launch. Very laid back, the entire subdivision private property so it’s fenced and gated."
    6
    Flag
  • Mike M
    "Lake is a block away. Wonderful playgrounds. Great running trail with workout stops. Elementary school is 4 houses down the street. Plenty of kids 4-12yrs old for your kids to be friends with."
    0
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  • Victoria S.
    "There is a really nice play park at Bok tower gardens for children with many activities there to keep them occupied for a couple hours. Also has a splash pad and hammocks in the shade for the parents to relax and still keep an eye on their kids. "
    0
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  • Yahaira
    "Its good, kinda lonely area. The rent around there is reasonable. Lived there for a year. Hardly ever traffic, good commute."
    0
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  • Susana_martin11
    "Dogs are often accepted in rentals for a fee. The fees I’ve seen are $25-$50 per month. Most communities have sidewalks to walk your dos and there are nice parks. "
    0
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LGBTQ Local Legal Protections

Frequently asked questions about 543 Morrell Ave

  • What is 543 Morrell Ave estimated to be worth?
    Trulia's estimated value for 543 Morrell Ave in Lake Wales, FL is $158,800.
  • What is the price history for 543 Morrell Ave?
    543 Morrell Ave in Lake Wales, FL last sold for $55,000 in March 2004.
  • Is Lake Wales a buyer's or seller's market?
    Lake Wales is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Lake Wales?
    The median sale price in Lake Wales is $247K. That is down $4.63K from the prior month.
  • How big is the lot at 543 Morrell Ave?
    The lot at 543 Morrell Ave in Lake Wales, FL is about 0.27 acres (11,586 sq ft).
  • Does 543 Morrell Ave have a garage?
    Yes, 543 Morrell Ave in Lake Wales, FL has a garage.

Explore by feature - Pet Friendly

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Explore by feature - Outdoor Space

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