tomo logo

$449,500

Beds
4
Baths
3.5
sq ft
2,925

1521 Lagoon Rd, Lakeland, FL 33803

1521 Lagoon Rd

LAKELAND, FL 33803

  • 301 days on market
    • Price drop $18,000↓
At an incredible value of just $154 per sq ft, this centrally located 4-bedroom, 3.5-bath, 2,925 square foot home offers convenience to nearby shopping, parks, and outdoor activities—the best of what Lakeland has to offer. Previously under contract, this opportunity is back on the market and ready for you! Upon entry through the foyer, the well-designed layout reveals a versatile living space ideal for various occasions. Straight ahead, a cozy room with a wood-burning fireplace sets the tone for warm, inviting moments. To the left and right, the formal living and dining spaces provide a welcoming ambiance, perfect for hosting guests or enjoying quiet evenings. The dining area flows seamlessly into the kitchen, which features beautiful wooden cabinetry, a charming bay window, and an island bar with seating—ideal for casual meals or socializing. Off the kitchen, you'll find the laundry room and half bath, leading out to the outdoor patio and garage. The kitchen’s easy flow into the adjacent area creates a comfortable environment for cooking and gathering. Ascending the stairs, you'll find bedrooms two, three, and four, each with a walk-in closet. A full bath serves these bedrooms, ensuring practical and comfortable living for everyone. The master bedroom stands out with two walk-in closets, an additional closet, and an ensuite master bath. Completing this exceptional residence, the property features a detached garage and a generously sized backyard where you will find the canal for Lake Somerset. As an added bonus, a walking/bike path at the top of the street leads to Peterson Park/YMCA, the Cleveland Heights Golf Club, Lakeland Tennis, and Common Grounds.

Details

Property type

Single Family Residence

Est. home value

$483,450

Lot size

0.36 acres

Price per sq ft

$154

Year built

1974

Annual property taxes

$2,590

HOA

No

Price History

12/13/2024
StellarMLS

StellarMLS #L4942597

Listed
$449,500
12/06/2024
StellarMLS

StellarMLS #L4942597

Pending
$449,500
10/14/2024
StellarMLS

StellarMLS #L4942597

Price change
$449,500
-3.85%

Schools & Community

Neighborhood: 

Lake Somerset

Elementary school: 

Cleveland Court Elem

Middle school: 

Lakeland Highlands Middl

High school: 

Lakeland Senior High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$220,004
Asking price
$449,500
Closing costs (~8% of asking)
-$35,960
Est. remaining loan balance
-$193,536
Cash to seller
$220,004

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

July 2017

Original loan amount

$227,700

Est. remaining balance

$193,536

Interest rate

3.95%

Loan type

New Conventional, 30 year

Seller

Jeremy D Giles and Ludimila A Giles

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 9:00 PM

Listing updated: 12/13/2024 at 2:45 PM

Listed by: Stephanie Gavric, FEE SIMPLE REALTY LLC Phone #: (863) 944-5577

MLS: StellarMLS #L4942597

StellarMLS logo

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