Video tour
$2,838 Closing Credit¹
#TB8334406, Tanja Cisliek, Listing Office: FUTURE HOME REALTY INC
$2,374
closing credit¹
501 Ellerbe Way Lakeland, FL 33801
$199,900 List price
$2,374
Closing credit¹
3 beds
1 full
1,233 sqft
0.2 acres
$162 / sqft
House
Property details
About 501 Ellerbe Way
Great investment opportunity. This home is being sold with 1 other home located at 1244 Morgan Drive lakeland. Each home is being sold for $200,000 each. Excellent cash flow or flip opportunity. This home is centrally located in Lakeland near shopping, dining, and medical facilities. only minutes to 1-4 or the polk parkway for an easy commute.
Highlights
Home typeSingle Family Residence
StatusActive
Size1,233 sqft
Lot size0.2 Acres
Year built1965
MLS #L4948180
Summary
- MLS Number: L4948180
- MLS Name: MFRMLS
- Office Name: 54 REALTY LLC
- Office Phone: (813) 435-5411
- Listing Agent: Matthew Kish
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 9:19:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$199,900
501 Ellerbe Way
$2,374
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 01, 2014 | Home Sold | $37,500 |
| May 28, 2004 | Home Sold | $79,000 |
| Mar 10, 2004 | Home Sold | $51,900 |
| Aug 03, 1999 | Home Sold | $62,500 |
| Apr 19, 1999 | Home Sold | $32,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $157,288 | $2,177 |
| 2022 | $132,640 | $1,956 |
| 2021 | $109,026 | $1,956 |
| 2020 | $77,977 | $1,574 |
| 2018 | $64,444 | $1,288 |
| 2017 | $63,415 | $1,288 |
History based on county public records data.
Nearby schools
2
Crystal Lake Elementary School
Public District PK-5
0.3 mi
•700 Galvin Dr
8
Magnolia Montessori Academy
Public Charter KG-6
1.6 mi
•1540 New Jersey Rd
4
Combee Academy of Design and Engineering
Public Magnet PK-5
1.7 mi
•2805 Morgan Combee Rd
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 $36,807. Residents of Lakeland, FL typically earn between $35k-100k each year. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
48%
<35k
50%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
26%
Single, with Kids
14%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
9%
12-17 yrs old
29%
18-34 yrs old
33%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Soccer
Where do the neighbors shop?
Burlington
Family Dollar
Forever 21
Where do the neighbors go to eat?
Popeyes
Burger King
Dominos Pizza
What do the neighbors drive?
Dodge
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Lakeland, FL
About 501 Ellerbe Way
This home is located at 501 Ellerbe Way in Lakeland, FL and zip code 33801. This 1,233 square foot home, which was built in 1965, sits on a 0.20 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $199,900.
In January 2025, from all listings sold in Lakeland, FL there were more than 20 sold above asking price, over 88 sold below and more than 34 were sold right at the asked price. In January 2025 in Lakeland, FL there were 4.7% more homes for sale than in December. In January 2025 median list price was $320,482 and the average listing age was 70 days.
From Rocket Homes Real Estate and based on county public records data.