1505 E Elm Rd Lakeland, FL 33801
Lake Bonny NeighborhoodEstimated payment $1,057/month
Highlights
- Mediterranean Architecture
- No HOA
- Tile Flooring
- Lincoln Avenue Academy Rated A-
- Crown Molding
- 5-minute walk to Interlachen Park
About This Home
Under contract-accepting backup offers. 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.
Listing Agent
DIDOMENICO REALTY GROUP Brokerage Phone: 407-922-3277 License #3392045 Listed on: 07/12/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 79x140
- North Facing Home
- Property is zoned RA-3
Parking
- 1 Carport Space
Home Design
- Mediterranean Architecture
- Slab Foundation
- Frame Construction
- Stucco
Interior Spaces
- 1,253 Sq Ft Home
- 1-Story Property
- Crown Molding
- Ceiling Fan
- Living Room with Fireplace
- Dining Room
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Philip O’Brien Elementary School
- Lawton Chiles Middle School
- Lakeland Senior High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Community Details
- No Home Owners Association
- Shore Acres Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 33 / 5
- Assessor Parcel Number 24-28-17-193000-005330
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $213,991 | $30,369 | $183,622 |
| 2024 | -- | $217,510 | $30,369 | $187,141 |
| 2023 | $0 | $214,376 | $29,083 | $185,293 |
| 2022 | $1,705 | $135,331 | $0 | $0 |
| 2021 | $1,685 | $131,389 | $0 | $0 |
| 2020 | $1,666 | $129,575 | $15,346 | $114,229 |
| 2018 | $1,139 | $57,911 | $14,516 | $43,395 |
| 2017 | $330 | $41,764 | $0 | $0 |
| 2016 | $318 | $40,905 | $0 | $0 |
| 2015 | $318 | $40,621 | $0 | $0 |
| 2014 | $288 | $40,299 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/09/2025 09/09/25 | Pending | -- | -- | -- | |
| 07/12/2025 07/12/25 | For Sale | $199,900 | -20.0% | $160 / Sq Ft | |
| 11/30/2022 11/30/22 | Sold | $250,000 | +1.1% | $200 / Sq Ft | View Prior Sale |
| 10/29/2022 10/29/22 | Pending | -- | -- | -- | |
| 10/14/2022 10/14/22 | For Sale | $247,400 | 0.0% | $197 / Sq Ft | |
| 10/10/2022 10/10/22 | Pending | -- | -- | -- | |
| 10/04/2022 10/04/22 | Price Changed | $247,400 | -1.0% | $197 / Sq Ft | |
| 08/17/2022 08/17/22 | Price Changed | $249,900 | -2.0% | $199 / Sq Ft | |
| 08/06/2022 08/06/22 | Price Changed | $255,000 | -1.9% | $204 / Sq Ft | |
| 07/14/2022 07/14/22 | For Sale | $259,900 | +67.7% | $207 / Sq Ft | |
| 10/16/2019 10/16/19 | Sold | $155,000 | -4.6% | $124 / Sq Ft | View Prior Sale |
| 08/22/2019 08/22/19 | Pending | -- | -- | -- | |
| 07/25/2019 07/25/19 | Price Changed | $162,500 | -3.2% | $130 / Sq Ft | |
| 07/16/2019 07/16/19 | For Sale | $167,900 | +19.9% | $134 / Sq Ft | |
| 11/27/2018 11/27/18 | Sold | $140,000 | -6.6% | $112 / Sq Ft | View Prior Sale |
| 10/09/2018 10/09/18 | Pending | -- | -- | -- | |
| 09/29/2018 09/29/18 | Price Changed | $149,900 | -2.7% | $120 / Sq Ft | |
| 09/27/2018 09/27/18 | Price Changed | $154,000 | -2.5% | $123 / Sq Ft | |
| 09/25/2018 09/25/18 | Price Changed | $157,900 | -1.3% | $126 / Sq Ft | |
| 08/17/2018 08/17/18 | Price Changed | $159,900 | -4.3% | $128 / Sq Ft | |
| 08/03/2018 08/03/18 | For Sale | $167,000 | 0.0% | $133 / Sq Ft | |
| 07/25/2018 07/25/18 | Pending | -- | -- | -- | |
| 07/01/2018 07/01/18 | For Sale | $167,000 | +391.2% | $133 / Sq Ft | |
| 04/09/2013 04/09/13 | Sold | $34,000 | +23.6% | $27 / Sq Ft | View Prior Sale |
| 12/01/2012 12/01/12 | Pending | -- | -- | -- | |
| 11/19/2012 11/19/12 | For Sale | $27,500 | 0.0% | $22 / Sq Ft | |
| 08/20/2012 08/20/12 | Pending | -- | -- | -- | |
| 08/14/2012 08/14/12 | For Sale | $27,500 | -- | $22 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Celebration Title Group | |
| Warranty Deed | $155,000 | Lake Wales Title Company Llc | |
| Warranty Deed | $65,000 | Home Solution Title Inc | |
| Warranty Deed | $35,500 | Home Solution Title Inc | |
| Warranty Deed | $34,000 | Florida Family Title Llc | |
| Warranty Deed | $64,000 | -- | |
| Warranty Deed | $65,000 | -- | |
| Warranty Deed | $100 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $250,000 | VA | |
| Previous Owner | $147,537 | FHA | |
| Previous Owner | $65,000 | Unknown | |
| Previous Owner | $58,500 | No Value Available |
Source: Stellar MLS
MLS Number: O6326540
APN: 24-28-17-193000-005330
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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