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1240 Morgan Dr

Lakeland, FL 33801

3 bd 2 ba 1,518 sqft Built 1957 Lot 7,405 sqft single_family
Most recent sale
$265,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $265,000 MLS #L4929121
Apr 8, 2022 Listed $255,000 MLS #L4929121
Sep 26, 2017 Sold $108,000 MLS #L4719517
Apr 13, 2017 Price changed $109,900 MLS #L4719517
Mar 15, 2017 Listed $115,500 MLS #L4719517
Apr 3, 2014 Listing removed $850 HeroPM
Apr 1, 2014 Listed for rent $850 HeroPM
May 13, 2003 Sold $85,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $193,530 $16,416 $209,946 $3,013
2024 $193,530 $16,416 $209,946 $2,954
2023 $192,019 $15,670 $207,689 $2,757
2022 $85,460 $1,071
2021 $82,971 $1,067
2020 $81,825 $1,035
2019 $79,985 $1,001
2018 $70,286 $8,208 $78,494 $965
2017 $55,706 $7,462 $63,168 $1,228
2016 $54,290 $7,462 $61,752 $1,166
2015 $42,605 $1,117
2014 $38,732 $929
2013 $36,524 $907
2012 $35,639 $566
2011 $48,086 $772
2010 $48,963 $1,103
2009 $92,524 $1,495
2008 $112,406 $2,144
2007 $67,975 $1,013

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,518 sqft
Lot size
7,405 sqft
ZIP code
33801
City
Lakeland
Street
Morgan Dr
Coordinates
28.05964, -81.90476

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,808
Gross rental yield
12.72%
Implied cap rate
8.27%
Trend-extrapolated value

Frequently asked questions

When did 1240 Morgan Dr last sell?
1240 Morgan Dr most recently sold on May 13, 2022 for $265,000.
What is the current tax assessment for 1240 Morgan Dr?
The most recent total assessment for 1240 Morgan Dr (year 2025) is $209,946 with $3,013 in property tax.
How does 1240 Morgan Dr's assessment compare to its last sale price?
The current assessment is 20.8% below the last sale price of $265,000.
When was 1240 Morgan Dr built?
1240 Morgan Dr was built in 1957.
How does 1240 Morgan Dr compare to others on Morgan Dr?
We track 7 other properties on Morgan Dr. Browse the list under "Other properties on Morgan Dr" to compare beds, baths, and sale history.
What are the property facts for 1240 Morgan Dr?
1240 Morgan Dr is a 3 bed, 2 bath, 1,518 sqft, 7,405 sqft lot single_family.
Is 1240 Morgan Dr a flip candidate?
No — 1240 Morgan Dr does not appear in our flips dataset.
Is 1240 Morgan Dr a tax-appeal candidate?
No — 1240 Morgan Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.9%
Implied 1-yr
-3.7%
2026 Q3
$221.9K
2026 Q4
$219.8K
ZIP 33801 — Median Price History + Forecast

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