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1322 Lake Mills Road

1322 Lake Mills Road, Oviedo, FL 32766
House in Oviedo
Sold Aug 14, 2018
$635,000
$718,900 by United Wholesale Mortgage Llc
Mortgage Due Aug 01, 2053
Sold Jun 02, 2005
$529,000
$502,550 by Fremont Investment & Loan
Mortgage Due Jun 01, 2035
1322 Lake Mills Road in Oviedo, FL was first built in 2002 and is 22 years old. Although, the building on the property was most recently renovated and altered in 2012. 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, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1322 Lake Mills Road has 2,728 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 204,732 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a cathedral style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 514 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 space/suspended heating system and being fueled with gas. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1322 Lake Mills Road was last sold in Jul 27, 2018 for $635,000. According to our calculations, that's $195.87 per sqft. Prior to that sales transaction, the property was sold for $529,000 in May 26, 2005. Current property owners are expected to pay $6,581 in taxes per year. The property on 1322 Lake Mills Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $511,473. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.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: 2002
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Good
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 514
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 204,732
  • Total Building Area: 3,242
  • Gross Building Area: 3,242
  • Building Area: 2,728
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Space/suspended
  • Heated Square Feet: 2,728
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 27 TWP 21S RGE 32E BEG 195 (M) FT W OF NE COR OF W 1/2 OF NW 1/4 OF SE 1/4 RUN W 156 (M) FT S TO NLY R/W LAKE MILLS RD E TO A PT S OF BEG N TO BEG

Ownership

  • Current Owner : PELOSO MICHAEL V
  • Current Owner 2: PELOSO RHONDA L
  • Previous Owner : BROOMFIELD SCOTT
  • Owner Before Previous Owner: CURRY JERRY A
  • Owner Before Previous Owner 2: CURRY ELAINE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: COUNTY-TX DIST
  • Census Tract: 021205

Zoning

  • Zoning: A5

Geography

  • Assessors Map Reference: 0088F469
  • Subdivision Tract Number: 300
  • Parcel: 27-21-32-300-023D-0000
  • Meridian: SEC 27 TWN 21S RNG 32E
  • Municipality: COUNTY-TX DIST 1
  • Latitude: 28.6317
  • Longitude: -81.1037

    Address

  • Full Address: 1322 Lake Mills Rd
  • Address - House Number: 1322
  • Address - Street Name: Lake Mills
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Chuluota
  • Carrier Code: R004
  • 4-Digit Zip Code: 9655
  • Zip Code: 32766

Valuation

    Tax

  • Total Area: 3,326
  • Tax Year: 2023
  • Tax Amount: $6,581
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1365
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 954,207
  • High Value: 1,084,501
  • Low Value: 823,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $718,900
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 18, 2023
  • First Open Lien Mortgage Loan Amount: $718,900
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $698,841
  • Market Land Value: $301,670
  • Market Improvement Value: $397,171

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $511,473

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2018
  • Current Sale Recording Date: Aug 14, 2018
  • Current Sale Transaction ID: 11507863166
  • Current Sale Price: $635,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018092039
  • Previous Sale Recording Date: Jun 02, 2005
  • Previous Sale Contract Date: May 26, 2005
  • Previous Sale Amount: $529,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 14, 2018
  • First Mortgage Loan Amount: $435,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FREMONT INVESTMENT & LOAN
  • Previous Mortgage Transaction Date: Jun 02, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $502,550
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

About Chuluota



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Frequently Asked Questions

What neighborhood is 1322 Lake Mills Road located in?
The 1322 Lake Mills Road is a house located in the neighborhood of Oviedo in Chuluota, Oviedo.
What is the average sales price for listings in 1322 Lake Mills Road?
The average sales price for units in 1322 Lake Mills Road is $0 currently.

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