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112 Commerce Avenue

112 Commerce Avenue, Lake Placid, FL 33852
Property in Lake Placid
Refi Nov 27, 2006
Transfer
Owner
$11,700 by H L Compton Co
Mortgage
112 Commerce Avenue has been categorized by the local assessors in Lake Placid, FL as a residential type of property. The building on the property was first built in 1989 and is 35 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 112 Commerce Avenue has 960 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 1,250 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 4,750 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying 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 building has a gable or hip style roof made of materials that we aren't sure of. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $841 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 112 Commerce Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $38,319. To break that down further, the land itself was valued at $2,019. While improvements to the property were assessed at a total of $36,300. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,750
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 380
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 960
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SERENITY SUB
  • Land Acres: 0.109
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SERENITY SUB PB 12 PG 1 N 1/2 OF LOT 17 BLK E

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961604

Zoning

  • Zoning: R2

Geography

  • Parcel: P-36-36-29-210-00E0-0170
  • Block: E
  • Lot: 17
  • Meridian: SEC 36 TWN 36S RNG 29E
  • Municipality: LAKE PLACID CITY LIMITS
  • Latitude: 27.2995
  • Longitude: -81.3686

    Address

  • Full Address: 112 Commerce Ave
  • Address - House Number: 112
  • Address - Street Name: Commerce
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lake Placid
  • Carrier Code: R006
  • 4-Digit Zip Code: 9565
  • Zip Code: 33852

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2022
  • Tax Amount: $841
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 50

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 93,514
  • High Value: 114,649
  • Low Value: 72,379

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $11,700
  • First Open Lien Mortgage Lender: H L COMPTON CO
  • First Open Lien Mortgage Recording Date: Nov 27, 2006
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $11,700
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)

    Market Valuation

  • Market Total Value: $38,319
  • Market Land Value: $2,019
  • Market Improvement Value: $36,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,319
  • Assessed Land Value: $2,019
  • Assessed Improvements Value: $36,300

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Frequently Asked Questions

What neighborhood is 112 Commerce Avenue located in?
The 112 Commerce Avenue is a located in the neighborhood of Lake Placid in Lake Placid, Lake Placid.
What is the average sales price for listings in 112 Commerce Avenue?
The average sales price for units in 112 Commerce Avenue is $0 currently.

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