tomo logo

$499,999

Beds
4
Baths
2.0
sq ft
2,640

907 Cornelia Ave, Lakeland, FL 33815

907 Cornelia Ave

LAKELAND, FL 33803

  • 422 days on market
    • Price drop $59,901↓
A Rare Gem with Endless Potential in the Lakeland Historic District! This 4-bedroom, 2-bath plantation-style home is a diamond in the rough, brimming with character and charm but in need of some work and updates to restore its full glory. Situated on a half-acre corner lot, it features an oversized private pool—a rare find—measuring 40 feet long and 11 feet deep. Located just 5 minutes from downtown Lakeland and within walking distance to Lake Hunter, it offers an unbeatable combination of location and potential. Perfectly positioned between Orlando and Tampa (35 minutes to Tampa’s west and Walt Disney World to the east), this home is ideal for those looking for a historic property with modern possibilities. Notable features include: new roof (June 2023), rewiring throughout, original oak hardwood floors needing refinishing, 10-foot ceilings, antique French doors, multiple fireplaces, walk-in closets, master bathroom with a jacuzzi tub and built-in TV (needs updating), antique clawfoot tub, and a second-floor balcony. The exterior includes a detached garage with a loft and attached workshop, adding even more possibilities for customization. While this home offers endless features and historic charm, it’s ready for updates and TLC to make it shine again. This property is perfect for buyers ready to invest in a historic treasure. Don’t miss your chance—bring your vision and make an offer today!

Details

Property type

Single Family Residence

Est. home value

$407,490

Lot size

0.5 acres

Price per sq ft

$190

Year built

1920

Annual property taxes

$1,309.99

HOA

No

Price History

01/07/2025
StellarMLS

StellarMLS #P4928252

Price change
$499,999
-10.7%
08/14/2024
StellarMLS

StellarMLS #P4928252

Price change
$559,900
-1.6%
11/28/2023
StellarMLS

StellarMLS #P4928252

Listed
$569,000
+225.14%

Schools & Community

Neighborhood: 

Lake Hunter Terrace

Elementary school: 

Scott Lake Elem

Middle school: 

Southwest Middle School

High school: 

Kathleen 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

$329,914
Asking price
$499,999
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$130,085
Cash to seller
$329,914

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

Seller’s Loan History

Lender

Imortgage.Com Inc

Loan start date

September 2014

Original loan amount

$166,250

Est. remaining balance

$130,085

Interest rate

4.12%

Loan type

New Conventional, 30 year

Seller

Susan Meyer and Harold Meyer

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: 01/23/2025 at 4:35 PM

Listing updated: 01/14/2025 at 9:06 AM

Listed by: Ryan Caroli, COLDWELL BANKER REALTY Phone #: (863) 294-7541

MLS: StellarMLS #P4928252

StellarMLS logo

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