Overview
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About this home
1057 Old South Dr is a 1981-built home in Magnolia Trails, Lakeland. Inside you'll find 2 bedrooms, 2 bathrooms, and 1,032 square feet of living space. Listed at $185,000 (about $179/sqft), 695 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.
This half duplex property features a modern 2018 roof and spacious backyard, making it perfect for outdoor activities or potential landscaping. NO HOA! The interior boasts attractive tile flooring, enhancing both aesthetics and maintenance. Located in the desirable Magnolia Trails, this home is situated in a peaceful and quiet neighborhood, making it an excellent choice for families or renters seeking tranquility. With great rental cash flow potential, this property stands out as a lucrative investment opportunity. Do not miss this opportunity! Call or text for a private showing.
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The essentials
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
Price history
Neighborhood
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$185,000
$179 per sq ft
Beds and baths
2 beds, 2 baths
Size
1,032 sq ft
Time on market
695 days
Year built
1981
Monthly payment
About $1,202/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $1,731 annual tax bill, insurance.
Flood zone
Zone X
That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.
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