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1051 County Rd 457

1051 County Rd 457, Lake Panasoffkee, FL 33538
Sold Aug 10, 2021
$156,000
$153,174 by Quicken Loans Llc
Mortgage Due Jul 01, 2051
Sold May 01, 2008
$90,000
1051 County Rd 457 has been categorized by the local assessors in Lake Panasoffkee, FL as a residential type of property. The building on the property was first built in 1966 and is 58 years old. In addition, 1051 County Rd 457 has 840 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 930 ft and across the front of the lot is 980 ft. The area measurement of the land has been determined as 8,646 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 261 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of block. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1051 County Rd 457 sold most recently in Jun 2, 2021 for a total of $156,000. If you work out the math, that's approximately a cost of $185.71 per sqft. Before that, the property was also sold for $90,000 in Apr 24, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $891 in taxes each year. 1051 County Rd 457 was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $73,740. If we break it down further, the land itself was valued at $10,810. Improvements to the property, however, were assessed at a total of $62,930. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Conventional
  • Exterior Walls Type: Block
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 261
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,646
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 980
  • Total Building Area: 840
  • Gross Building Area: 980
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2ND ADD TO TRACYS POINT
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 BLK B 2ND ADD TO TRACYS POINT PB 2 PG 29 1/2

Ownership

  • Current Owner : BARON RICHARD
  • Current Owner 2: BARON LORI ANN
  • Previous Owner : RESSLER DANIEL H
  • Previous Owner 2: RESSLER SANDRA R
  • Owner Before Previous Owner: POTTER TONI M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 910401

Geography

  • Parcel: F32E018
  • Block: B 2
  • Lot: 8
  • Meridian: SEC 32 TWN 19S RNG 22E
  • Municipality: SUMTER COUNTY
  • Latitude: 28.7923
  • Longitude: -82.1221

    Address

  • Full Address: 1051 Cr 457
  • Address - House Number: 1051
  • Address - Street Name: Cr 457
  • State: FL
  • City Name: Lake Panasoffkee
  • Carrier Code: H004
  • 4-Digit Zip Code: 5325
  • Zip Code: 33538

Valuation

    Tax

  • Total Area: 1,026
  • Tax Year: 2023
  • Tax Amount: $891
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 156,849
  • High Value: 184,312
  • Low Value: 129,386

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,174
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $153,174
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $73,740
  • Market Land Value: $10,810
  • Market Improvement Value: $62,930

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,740
  • Assessed Land Value: $10,810
  • Assessed Improvements Value: $62,930

    Sales

  • Current Sale Contract Date: Jun 02, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11850685520
  • Current Sale Price: $156,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202160043392
  • Previous Sale Recording Date: May 01, 2008
  • Previous Sale Contract Date: Apr 24, 2008
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $153,174
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1051 County Rd 457 located in?
The 1051 County Rd 457 is a located in the neighborhood of Bushnell-Center Hill in Lake Panasoffkee, Lake Panasoffkee.
What is the average sales price for listings in 1051 County Rd 457?
The average sales price for units in 1051 County Rd 457 is $0 currently.

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