2 months on rocket

550 W Oak Dr, Lakeland, FL, 33803

$299,000

Home List Price

$3,551*

Closing Credit

4 Bedrooms
2 Full Baths
1,880 SqFt
$159/SqFt
House

Location

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550 W Oak Dr, Lakeland$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1950
HeatingOther
CoolingOther
MLS #TB8307951
Lot Size0.33 Acres
StatusActive

About 550 W Oak Dr

ENDLESS OPPORTUNITIES with this 4/3 3356 sqft home in the Center of Lakeland. This is an investment opportunity, the more you put in, the more of a return. Access is limited. See showtime for instructions. This is a Full Rehab with a newer Roof. This is an AS is property. No blind offers will be accepted unless there are no contingencies.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,880 SqFt

Listing Office:

  • Office Name: JAY ALAN REAL ESTATE
  • Office Phone: (855) 529-2526
  • Listing Agent: Orlando Izquierdo Jr

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Virtual/3D Tour

  • Virtual Tour: 550 W Oak Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: Head west on 570, turn north on Florida Ave S, then turn east on W Edge Dr. Turn north on Eden Parkway & then turn west on W. Oak Dr. Home is on the right hand side of the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $1,719
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lakeland, FL.

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Lakeland, FL

City

Med. Sold Price

$319.8K

Med. Price/SqFt

$195

Avg. Days On Market

55

# of Sold Homes

176

550 W Oak Dr vs Lakeland

66 DAYS ON ROCKET

+11 Days

$299,000

-$20.8K Less

$159/SqFt

-$36 Less

KEY TAKEAWAY

This property is $20.8K less than the Median Sold Price and $36/SqFt less than other homes in Lakeland, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #TB8307951

Listing Office:

  • Office Name: JAY ALAN REAL ESTATE
  • Office Phone: (855) 529-2526
  • Listing Agent: Orlando Izquierdo Jr

IDX 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.

IDX Copyright 2024 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: 12/3/2024, 11:19:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 30, 2005Home Sold
$205,000
Jul 18, 2003Home Sold
$133,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,719$132,386
2018$1,626$126,997
2017$1,626$124,385

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3482539
5
/10

  • Southwest Elementary School

  • 2650 Southwest Ave

  • 0.20 miles

  • Public District Grades PK-5

school-card-donut-3482540
9
/10

  • Cleveland Court Elementary School

  • 328 E Edgewood Dr

  • 0.58 miles

  • Public District Grades KG-5

school-card-donut-3482541
4
/10

  • Dixieland Elementary School

  • 416 Ariana St

  • 0.73 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,495. The most common annual income of people living in Lakeland, FL is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 W Oak Dr

What is the listing price of this property?

The listing price of 550 W Oak Dr property is $299,000.

What type of property is this?

The property 550 W Oak Dr is a house located in Lakeland, Florida, 33803.

Is this property for sale now?

Active Listing: 550 W Oak Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,719 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 30, 2005 for $205,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 550 W Oak Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 550 W Oak Dr is 1,880 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 W Oak Dr is 1950.

Rocket Homes›Florida›Polk County›Lakeland›33803›550 W Oak Dr

This home is located at 550 W Oak Dr in Lakeland, FL and zip code 33803 in the Southwest neighborhood. This 1,880 square foot home, which was built in 1950, sits on a 0.33 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 28, 2024 and is currently priced at $299,000.

In November 2024 more than 23 listings in Lakeland, FL were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 112 were sold below. The number of homes for sale in Lakeland, FL increased by 3.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 55 days, the median list price was $319,895.

From Rocket Homes Real Estate and based on county public records data.

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