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1081 Caravan Loop

1081 Caravan Loop, Polk City, FL 33868
Sold Feb 25, 2019
$247,000
$222,300 by Wings Financial Cu
Mortgage Due Mar 01, 2049
Sold May 09, 2017
$205,000
Local assessors in Polk City, FL have categorized 1081 Caravan Loop as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 7,004 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1081 Caravan Loop has a total of 1,324 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of materials that we aren't sure of. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. 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, 1081 Caravan Loop sold most recently in Feb 15, 2019 for a total of $247,000. If you work out the math, that's approximately a cost of $153.23 per sqft. Before that, the property was also sold for $205,000 in May 5, 2017. 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 $3,624 in taxes each year. 1081 Caravan Loop was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $225,247. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,004
  • Total Building Area: 1,612
  • Gross Building Area: 1,612
  • Building Area: 1,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MOUNT OLIVE SHORES NORTH
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MT OLIVE SHORES NORTH PB 104 PGS 38 & 39 LYING IN A PORTION OF SECTIONS 31&32 T26 R25 LOT 114

Ownership

  • Current Owner : NORTON ALBERT STEPHEN
  • Current Owner 2: NORTON JUDY ANN
  • Previous Owner : SOBOTA MICHAEL
  • Previous Owner 2: SOBOTA MARY ANN
  • Owner Before Previous Owner: MOORE JOAN
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 011605

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 295433
  • Parcel: 25-26-31-295433-001140
  • Lot: 114
  • Meridian: SEC 31 TWN 26S RNG 25E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 28.1774
  • Longitude: -81.8408

    Address

  • Full Address: 1081 Caravan Loop
  • Address - House Number: 1081
  • Address - Street Name: Caravan
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Polk City
  • Carrier Code: R006
  • 4-Digit Zip Code: 5104
  • Zip Code: 33868

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,624
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.1922
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 335,538
  • High Value: 400,048
  • Low Value: 271,029

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $222,300
  • First Open Lien Mortgage Lender: WINGS FINANCIAL CU
  • First Open Lien Mortgage Recording Date: Feb 25, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $222,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2049

    Market Valuation

  • Market Total Value: $248,810
  • Market Land Value: $55,000
  • Market Improvement Value: $193,810

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $225,247

    Sales

  • Current Sale Contract Date: Feb 15, 2019
  • Current Sale Recording Date: Feb 25, 2019
  • Current Sale Transaction ID: 11574085909
  • Current Sale Price: $247,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019037031
  • Previous Sale Recording Date: May 09, 2017
  • Previous Sale Contract Date: May 05, 2017
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINGS FINANCIAL CU
  • First Mortgage Transaction Date: Feb 25, 2019
  • First Mortgage Loan Amount: $222,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Mount Olive Shores North



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Frequently Asked Questions

What neighborhood is 1081 Caravan Loop located in?
The 1081 Caravan Loop is a house located in the neighborhood of Mount Olive Shores North in Mount Olive Shores North, Polk City.
What is the average sales price for listings in 1081 Caravan Loop?
The average sales price for units in 1081 Caravan Loop is $0 currently.

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