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704 Penny Ln

Lakeland, FL 33813

3 bd 4 ba 2,796 sqft Built 1972 Lot 19,602 sqft single_family
Most recent sale
$630,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 20, 2022 Sold $630,000 MLS #L4929632
Apr 29, 2022 Listed $624,900 MLS #L4929632
May 11, 2018 Sold $315,000 MLS #L4726011
Apr 5, 2018 Price changed $329,900 MLS #L4726011
Mar 5, 2018 Listed $334,900 MLS #L4726011
Jul 8, 2004 Sold $180,000 Public Record
Jan 10, 1994 Sold $144,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $378,928 $72,000 $450,928 $7,355
2024 $378,928 $72,000 $450,928 $7,193
2023 $398,469 $70,000 $468,469 $7,763
2020 $201,477 $3,036
2019 $196,947 $3,015
2018 $155,554 $2,232
2017 $152,355 $2,176
2016 $149,221 $2,151
2015 $148,184 $2,176
2014 $147,008 $2,082
2013 $144,835 $2,081
2012 $142,414 $2,027
2011 $150,145 $2,153
2010 $147,926 $2,141
2009 $192,372 $2,919
2008 $192,180 $2,888
2007 $186,583 $3,016

Property facts

Year built
1972
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,796 sqft
Lot size
19,602 sqft
ZIP code
33813
City
Lakeland
Street
Penny Ln
Coordinates
27.99197, -81.95053

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
$5,173
Gross rental yield
9.85%
Implied cap rate
6.40%
Trend-extrapolated value

Frequently asked questions

When did 704 Penny Ln last sell?
704 Penny Ln most recently sold on May 20, 2022 for $630,000.
What is the current tax assessment for 704 Penny Ln?
The most recent total assessment for 704 Penny Ln (year 2025) is $450,928 with $7,355 in property tax.
How does 704 Penny Ln's assessment compare to its last sale price?
The current assessment is 28.4% below the last sale price of $630,000.
When was 704 Penny Ln built?
704 Penny Ln was built in 1972.
How does 704 Penny Ln compare to others on Penny Ln?
We track 4 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 704 Penny Ln?
704 Penny Ln is a 3 bed, 4 bath, 2,796 sqft, 19,602 sqft lot single_family.
Is 704 Penny Ln a flip candidate?
No — 704 Penny Ln does not appear in our flips dataset.
Is 704 Penny Ln a tax-appeal candidate?
No — 704 Penny Ln 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
-4.8%
Implied 1-yr
-19.3%
2026 Q3
$362.8K
2026 Q4
$337.3K
ZIP 33813 — Median Price History + Forecast

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