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846 SHERWOOD DRIVE

House Recently Sold
$125,000

BTC: 1.55318091

ETH: 51.39802632

Sold on: 2026-02-27
5 days
3 bds
2 ba
1,200 sqft

Overview

Investor opportunity in Lake Wales. This 3 bedroom 2 bath home sits on a spacious lot and is being sold as is. Property will require updates and improvements and is ideal for buyers looking to renovate and add value. Cash or owner financing only. Owner financing is available with 7 percent interest on a 30 year amortization with a 7 year balloon. No prepayment penalty during the first 6 years. Forty percent down payment required. Conveniently located with easy access to major roads and nearby amenities. Great opportunity for investors builders or experienced buyers.

Location

Details

Type:
Residential
Parking:
No Data
Year Built:
1974
Lot:
0.24 Acres
Heating:
Central
Price/sqft:
$125
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$227,500
$182K – $247K
Confidence Low
List vs. estimate
$77K below estimate
List $150,000 · -34.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$125
-27.7% vs. city median $172
Based on
13 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$594
2025
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Refrigerator

    Other interior features

    • Ceiling Fan(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: One

    • Exterior Features: Other

    Lot

    • Lot: 0.24 Acres

    Other Property Information

    • Parcel Number: 282931937690003020

    • Zoning: R-1A

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $594

  • Source details

    • MLS ID: TB8475907

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Laundry Features: Laundry Room

    • Direction Faces: West

    • Living Area: 1200

    • Water Source: Public

    • Lot Size Dimensions: 90 x 115

    • Subdivision Name: WOODLAND HILLS

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: DALTON WADE INC