PENDING
$95K PRICE DROP
402 W Patterson St Lakeland, FL 33803
Dixieland NeighborhoodEstimated payment $1,959/month
Total Views
35,052
3
Beds
2
Baths
1,640
Sq Ft
$168
Price per Sq Ft
Highlights
- In Ground Pool
- No HOA
- Entrance Foyer
- Lincoln Avenue Academy Rated A-
- Living Room
- Tile Flooring
About This Home
Under contract-accepting backup offers. Short Sale. Downtown Living Meets Private Retreat – 402 W Patterson St, Lakeland. Welcome to your private oasis in the heart of Downtown Lakeland! Nestled on a spacious 1/3-acre lot, this beautifully updated home offers the perfect blend of modern style, comfortable living, and ideal location. As you arrive, a circular driveway provides parking for six or more vehicles, setting the stage for easy entertaining. Inside, you’re greeted by a large living room with soaring vaulted ceilings and laminate flooring, creating an open, airy atmosphere filled with natural light. At the heart of the home, the dedicated dining room is perfectly positioned for gatherings—whether you’re hosting holidays or enjoying casual meals with friends. The adjacent updated kitchen features granite countertops, modern cabinetry, stainless steel appliances, a gas stove, and tasteful lighting that completes the stylish and functional space. Step out back and discover true Florida living in your screen-enclosed, in-ground pool with a built-in bar—ideal for summer fun and weekend relaxation. The fully fenced backyard includes a firepit and seating area, giving you even more room to unwind and entertain. The primary suite offers comfort and privacy with laminate floors, a walk-in closet, and an updated en-suite bath. Two additional generously sized guest bedrooms provide flexibility for family, guests, or home office needs. Major updates include a 6-year-old roof and newer hot water heater for added peace of mind. Located just minutes from the charm of Downtown Lakeland, you'll enjoy walkable access to local restaurants, shops, coffee spots, the Saturday Farmers Curb Market, beautiful Lake Mirror, and the Polk Museum of Art. Whether you're soaking up the sun poolside or strolling through the heart of the city, this home offers the best of both worlds. Don’t miss your chance to own this rare gem in one of Lakeland’s most sought-after areas—schedule your private tour today! This a short sale. Sellers lender will need to approve sale price
Listing Agent
BHHS FLORIDA PROPERTIES GROUP Brokerage Phone: 863-701-2350 License #3305814 Listed on: 05/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,530
Year Built
- Built in 1940
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 50x130
- Northwest Facing Home
- Fenced
- Garden
- Property is zoned RA-4
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,640 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Entrance Foyer
- Living Room
- Dining Room
- Crawl Space
- Laundry in Kitchen
Kitchen
- Range
- Microwave
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Pool
- In Ground Pool
- Gunite Pool
Utilities
- Central Air
- Heat Pump System
- Thermostat
Community Details
- No Home Owners Association
- Dixieland Rev Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 7 / D
- Assessor Parcel Number 23-28-24-117500-031070
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 |
|---|---|---|---|---|
| 2024 | $5,595 | $306,286 | $80,600 | $225,686 |
| 2023 | $5,595 | $306,918 | $78,000 | $228,918 |
| 2022 | $2,481 | $177,568 | $0 | $0 |
| 2021 | $2,461 | $172,396 | $0 | $0 |
| 2020 | $2,437 | $170,016 | $44,200 | $125,816 |
| 2018 | $2,874 | $146,137 | $41,600 | $104,537 |
| 2017 | $2,268 | $106,436 | $0 | $0 |
| 2016 | $2,144 | $96,760 | $0 | $0 |
| 2015 | $1,790 | $87,964 | $0 | $0 |
| 2014 | $486 | $52,265 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 08/14/2025 08/14/25 | Price Changed | $275,000 | -19.1% | $168 / Sq Ft |
| 07/02/2025 07/02/25 | Price Changed | $340,000 | -2.8% | $207 / Sq Ft |
| 06/16/2025 06/16/25 | Price Changed | $349,900 | -2.8% | $213 / Sq Ft |
| 05/23/2025 05/23/25 | Price Changed | $359,900 | -2.7% | $219 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $369,900 | +1.3% | $226 / Sq Ft |
| 10/07/2022 10/07/22 | Sold | $365,000 | -1.4% | $223 / Sq Ft |
| 07/27/2022 07/27/22 | Pending | -- | -- | -- |
| 07/18/2022 07/18/22 | Price Changed | $370,000 | -4.9% | $226 / Sq Ft |
| 06/14/2022 06/14/22 | Price Changed | $389,000 | -6.3% | $237 / Sq Ft |
| 06/13/2022 06/13/22 | For Sale | $415,000 | +118.4% | $253 / Sq Ft |
| 06/04/2018 06/04/18 | Sold | $190,000 | 0.0% | $116 / Sq Ft |
| 04/19/2018 04/19/18 | Pending | -- | -- | -- |
| 04/13/2018 04/13/18 | For Sale | $190,000 | 0.0% | $116 / Sq Ft |
| 04/10/2018 04/10/18 | Pending | -- | -- | -- |
| 04/02/2018 04/02/18 | For Sale | $190,000 | -- | $116 / Sq Ft |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $365,000 | Real Estate Title Services Inc | |
| Quit Claim Deed | -- | Swan City Title Company Llc | |
| Warranty Deed | $190,000 | First International Title | |
| Deed In Lieu Of Foreclosure | $153,600 | Attorney | |
| Warranty Deed | $6,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,500 | New Conventional | |
| Previous Owner | $18,556 | FHA | |
| Previous Owner | $198,412 | FHA | |
| Previous Owner | $186,558 | FHA | |
| Previous Owner | $27,720 | Unknown | |
| Previous Owner | $164,802 | Unknown | |
| Previous Owner | $13,500 | Credit Line Revolving | |
| Previous Owner | $40,817 | Unknown | |
| Previous Owner | $124,800 | Unknown | |
| Previous Owner | $20,000 | Credit Line Revolving | |
| Previous Owner | $98,496 | FHA | |
| Previous Owner | $65,100 | New Conventional | |
| Previous Owner | $39,400 | No Value Available |
Source: Public Records
Similar Homes in Lakeland, FL
Source: Stellar MLS
MLS Number: L4952950
APN: 23-28-24-117500-031070
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