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1220 Palmetto Drive

1220 Palmetto Drive, Lady Lake, FL 32159
Sold Apr 10, 2018
$160,500
$128,400 by Citizens 1st Bank
Mortgage Due May 01, 2048
Sold Feb 24, 2017
$142,000
$113,600 by Citizens 1st Bank
Mortgage Due Mar 01, 2047
1220 Palmetto Drive has been categorized by the local assessors in Lady Lake, FL as a residential type of property. The building on the property was first built in 1988 and is 36 years old. However, we must point out that the home was most recently renovated and altered in 2019. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1220 Palmetto Drive has 1,440 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 900 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 5,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home 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 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. 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 frame control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of wood. 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. 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, 1220 Palmetto Drive sold most recently in Apr 3, 2018 for a total of $160,500. If you work out the math, that's approximately a cost of $111.46 per sqft. Before that, the property was also sold for $142,000 in Feb 6, 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 $3,311 in taxes each year. 1220 Palmetto Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $209,846. If we break it down further, the land itself was valued at $84,000. Improvements to the property, however, were assessed at a total of $125,846. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1988
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Mobile home
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,440
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LADY LAKE ORANGE BLOSSOM GARDENS
  • Land Acres: 0.124
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: LADY LAKE ORANGE BLOSSOM GARDENS UNIT 12 LOT 3228 PB 29 PGS 42-45 ORB 5093 PG 140

Ownership

  • Current Owner : FENLONG DAVID L
  • Current Owner 2: FENLONG ANN L
  • Previous Owner : GREGORY DOUGIAS M
  • Owner Before Previous Owner: MACNEILL LETHA I
  • Owner Before Previous Owner 2: MACNEILL WILLIAM C

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030409

Zoning

  • Zoning: MX8

Geography

  • Assessors Map Reference: 15C
  • Account Number: 2994002
  • Subdivision Tract Number: 0394
  • Parcel: 06-18-24-0394-000-32280
  • Lot: 3228
  • Meridian: SEC 6 TWN 18S RNG 24E
  • Municipality: LADY LAKE
  • Latitude: 28.9439
  • Longitude: -81.9327

    Address

  • Full Address: 1220 Palmetto Dr
  • Address - House Number: 1220
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lady Lake
  • Carrier Code: R003
  • 4-Digit Zip Code: 2449
  • Zip Code: 32159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,311
  • Tax Rate Code Area: F0LL

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 274,869
  • High Value: 328,308
  • Low Value: 221,429

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,400
  • First Open Lien Mortgage Lender: CITIZENS 1ST BANK
  • First Open Lien Mortgage Recording Date: Apr 10, 2018
  • First Open Lien Mortgage Loan Amount: $128,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $209,846
  • Market Land Value: $84,000
  • Market Improvement Value: $125,846

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,846
  • Assessed Land Value: $84,000
  • Assessed Improvements Value: $125,846

    Sales

  • Current Sale Contract Date: Apr 03, 2018
  • Current Sale Recording Date: Apr 10, 2018
  • Current Sale Transaction ID: 11444927730
  • Current Sale Price: $160,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018041252
  • Previous Sale Recording Date: Feb 24, 2017
  • Previous Sale Contract Date: Feb 06, 2017
  • Previous Sale Amount: $142,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS 1ST BANK
  • First Mortgage Transaction Date: Apr 10, 2018
  • First Mortgage Loan Amount: $128,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS 1ST BANK
  • Previous Mortgage Transaction Date: Feb 24, 2017
  • Previous Mortgage Loan Amount: $113,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2047

About Orange Blossom Gardens



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Frequently Asked Questions

What neighborhood is 1220 Palmetto Drive located in?
The 1220 Palmetto Drive is a located in the neighborhood of Orange Blossom Gardens in Orange Blossom Gardens, Lady Lake.
What is the average sales price for listings in 1220 Palmetto Drive?
The average sales price for units in 1220 Palmetto Drive is $0 currently.

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