1505 E Elm Rd Lakeland, FL 33801
Lake Bonny NeighborhoodEstimated payment $1,104/month
Total Views
340
2
Beds
1
Bath
1,253
Sq Ft
$160
Price per Sq Ft
Highlights
- Popular Property
- Living Room with Fireplace
- No HOA
- Lincoln Avenue Academy Rated A-
- Mediterranean Architecture
- 5-minute walk to Interlachen Park
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $0
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
- 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
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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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
Source: Stellar MLS
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 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $286,700 | VA | |
| Closed | $275,000 | VA | |
| Closed | $250,000 | VA | |
| Previous Owner | $147,537 | FHA | |
| Previous Owner | $65,000 | Unknown | |
| Previous Owner | $93,100 | Fannie Mae Freddie Mac | |
| Previous Owner | $58,500 | No Value Available |
Source: Public Records
Similar Homes in Lakeland, FL
Source: Stellar MLS
MLS Number: O6326540
APN: 24-28-17-193000-005330
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