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1315 Lancaster Drive

1315 Lancaster Drive, Orlando, FL 32806
Property in Lancaster Park
Sold Jun 13, 2022
$906,000
$700,000 by Guaranteed Rate Affinity Llc
Mortgage Due Jul 01, 2052
Sold Oct 11, 1999
Transfer
1315 Lancaster Drive in Orlando, FL was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1315 Lancaster Drive has 2,407 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,053 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 325 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as fair. The exterior walls of the home are made of concrete. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1315 Lancaster Drive sold most recently in Jun 8, 2022 for a total of $906,000. If you work out the math, that's approximately a cost of $330.17 per sqft. 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 $12,686 in taxes each year. 1315 Lancaster Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $735,902. If we break it down further, the land itself was valued at $333,000. Improvements to the property, however, were assessed at a total of $402,902. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

Building Features

Exterior

Block Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: A
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 325
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,053
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,744
  • Gross Building Area: 2,744
  • Building Area: 2,407
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,407
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANCASTER PARK
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LANCASTER PARK O/133 LOT 13 BLK A

Ownership

  • Current Owner : PIERCE JONATHAN
  • Current Owner 2: PIERCE VANESSA
  • Previous Owner : PATRICIA R EDWARDS REVOCABLE TRUST
  • Owner Before Previous Owner: WALLACE R ROY TR
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5555
  • Census Tract: 011300

Zoning

  • Zoning: R-1A/T

Geography

  • Assessors Map Reference: 184
  • Subdivision Tract Number: 4968
  • Parcel: 36-22-29-4968-01-130
  • Block: A
  • Lot: 13
  • Meridian: SEC 36 TWN 22S RNG 29E
  • Municipality: ORLANDO
  • Latitude: 28.5249
  • Longitude: -81.3623

    Address

  • Full Address: 1315 Lancaster Dr
  • Address - House Number: 1315
  • Address - Street Name: Lancaster
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C049
  • 4-Digit Zip Code: 2318
  • Zip Code: 32806

Valuation

    Tax

  • Total Area: 2,573
  • Tax Year: 2023
  • Tax Amount: $12,686
  • Tax Rate Code Area: 08-ORL

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 861,609
  • High Value: 1,008,262
  • Low Value: 714,955

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Jun 13, 2022
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Jul 01, 2052

    Market Valuation

  • Market Total Value: $735,902
  • Market Land Value: $333,000
  • Market Improvement Value: $402,902

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $735,902
  • Assessed Land Value: $333,000
  • Assessed Improvements Value: $402,902

    Sales

  • Current Sale Contract Date: Jun 08, 2022
  • Current Sale Recording Date: Jun 13, 2022
  • Current Sale Transaction ID: 11890494773
  • Current Sale Price: $906,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 366669
  • Previous Sale Recording Date: Oct 11, 1999
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Jun 13, 2022
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2052

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Frequently Asked Questions

What neighborhood is 1315 Lancaster Drive located in?
The 1315 Lancaster Drive is a located in the neighborhood of Lancaster Park in Lancaster Park, Orlando.
What is the average sales price for listings in 1315 Lancaster Drive?
The average sales price for units in 1315 Lancaster Drive is $0 currently.

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