#L4950504, Lisa Birket, Listing office: VYLLA HOME
1505 E Elm Rd Lakeland, FL 33801
Property details
About 1505 E Elm Rd
Short Sale. SHORT SALE – PRICE NOT YET APPROVED BY LENDER. This charming 2-bedroom Spanish-style bungalow is located in the established Shore Acres community of Lakeland, just moments from Lake Bonny, Lake Parker, and the Lake-to-Lake Bikeway. Featuring an oversized, fenced lot with mature shade trees and no HOA or CDD, it’s an excellent opportunity for first-time buyers or investors looking to build equity and unlock future value. Originally renovated in 2018, the home blends vintage character with modern upgrades, including stainless steel appliances, updated kitchen cabinetry, a dual-sink bathroom with custom tile, French doors leading to the spacious backyard, and modern vinyl and laminate flooring throughout. The living room showcases arched doorways, crown molding, and a decorative fireplace ready for an electric insert. The dining room offers flexibility as a home office or den, and the backyard provides plenty of room for entertaining, gardening, or potential expansion. Additional features include a dedicated laundry area, carport with ceiling fan, newer fixtures, and off-street parking. With close proximity to local colleges, Polk Parkway, I-4, and downtown Lakeland—and just under an hour to Walt Disney World and 90 minutes to the Gulf beaches—this home delivers on flexibility, location, and potential. Zoned RA-3 and located in Flood Zone X, the property uses public utilities and sits on approximately 0.30 acres. Buyer to verify all information. Home is sold as-is. Sale is subject to lender approval.
Highlights
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: None
- Flooring Type: Laminate, Tile, Vinyl
- Interior: Ceiling Fans(s)
- Fireplace: Living Room
- Total Bedroom Count: 2
- Private Pool: No
- Exterior: Other
- Architectural Style: Mediterranean
- Heating: Central
- Cooling: Central Air
- List Price: $199,900
- Price/SqFt: $159
- HOA Amount: $0
- Annual Tax Amount: $1,705
- Tax Year: 2022
- Directions: From I-4, take exit 28 toward US 92; Merge onto Memorial Blvd; Right on Lake Parker Ave; left onto E Rose St; left onto N Fern Rd.; 1st right onto E Elm Rd.; home on right
- Year Built: 1925
- Stories: 1
- Living Area: 1,253 SqFt
- Lot Size: 0.3 Acres
- MLS Number: O6326540
- MLS Name: MFRMLS
- Office Name: DIDOMENICO REALTY GROUP
- Listing Agent: Michael Didomenico, Jr
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Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 07, 2022 | Home Sold | $250,000 |
Oct 17, 2019 | Home Sold | $155,000 |
Nov 30, 2018 | Home Sold | $140,000 |
Nov 22, 2017 | Home Sold | $65,000 |
Oct 24, 2017 | Home Sold | $35,500 |
Apr 15, 2013 | Home Sold | $34,000 |
Oct 18, 2005 | Home Sold | $64,000 |
Nov 27, 2002 | Home Sold | $65,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $214,376 | $- |
2022 | $135,331 | $1,705 |
2021 | $131,389 | $1,705 |
2020 | $129,575 | $2,245 |
2018 | $57,911 | $1,138 |
2017 | $41,764 | $329 |
History based on county public records data.
Nearby schools
1
Philip O'Brien Elementary School
Public District PK-5
0.5 mi
•1225 E Lime St
6
Lakeland Montessori School House
Public Charter KG-6
1.0 mi
•1124 N Lake Parker Ave
9
McKeel Elementary Academy
Public Charter PK-6
1.4 mi
•411 N Florida Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $35,309. Residents of Lakeland, FL typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 1505 E Elm Rd
The listing price of 1505 E Elm Rd property is $199,900.
The property 1505 E Elm Rd is a house located in Lakeland, Florida, 33801.
Active Listing: 1505 E Elm Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1505 E Elm Rd are: Philip O'Brien Elementary School (GreatSchools Rating 1/10), Lakeland Montessori School House (GreatSchools Rating 6/10), McKeel Elementary Academy (GreatSchools Rating 9/10), Lawton Chiles Middle Academy (GreatSchools Rating 6/10), Crystal Lake Middle School (GreatSchools Rating 2/10), Rosabelle W. Blake Academy (GreatSchools Rating 2/10), Lakeland Senior High School (GreatSchools Rating 5/10), Polk Grad Academy (GreatSchools Rating 2/10), Fresh Start Community School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2022 is $1,705 (source: MLS/based on county public records data).
The last sale was on December 7, 2022 for $250,000 (source: MLS/tax record).
The property at 1505 E Elm Rd has 2 bedrooms and 1 bathroom.
The property 1505 E Elm Rd is 1,253 SqFt (source: MLS/tax record).
The year of construction for 1505 E Elm Rd is 1925.
This home is located at 1505 E Elm Rd in Lakeland, FL and zip code 33801 in the Lake Bonny neighborhood. This 1,253 square foot home, which was built in 1925, sits on a 0.30 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 12, 2025 and is currently priced at $199,900.
While more than 34 listings in Lakeland, FL in June 2025 were sold above asking price, there were more than 54 listings sold at asking price, and more than 115 were sold below. The number of homes for sale in Lakeland, FL decreased by 0.9% between May and June 2025. In June 2025, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $323,356.