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16702 Otterchase Lane

16702 Otterchase Lane, Winter Garden, FL 34787
Property in Southwest Orange
Sold Jun 17, 2021
$775,000
$596,750 by Greyson Capital Llc
Mortgage Due Jul 01, 2051
Sold Mar 05, 2019
$617,900
16702 Otterchase Lane has been categorized by the local assessors in Winter Garden, FL as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16702 Otterchase Lane has 3,498 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 8,752 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 651 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 concrete. 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. 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, 16702 Otterchase Lane sold most recently in Jun 15, 2021 for a total of $775,000. If you work out the math, that's approximately a cost of $158.84 per sqft. Before that, the property was also sold for $617,900 in Feb 28, 2019. 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 $10,167 in taxes each year. 16702 Otterchase Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $683,978. 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. 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: 2019
  • Effective Year Built: 2019
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 651
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 8,752
  • Total Building Area: 4,879
  • Gross Building Area: 4,879
  • Building Area: 3,498
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,498
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERSIDE ON JOHNS LAKE - PH 1
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WATERSIDE ON JOHNS LAKE - PHASE 1 82/74 LOT 105

Ownership

  • Current Owner : OLSON MICHAEL
  • Current Owner 2: OLSON OLIVIA
  • Previous Owner : ARMIAK ROBERT
  • Previous Owner 2: ARMIAK LINDA
  • Owner Before Previous Owner: STANDARD PACIFIC OF FLORIDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • Census Tract: 017116

Zoning

  • Zoning: UVPUD

Geography

  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 8900
  • Parcel: 05-23-27-8900-01-050
  • Block: 1
  • Lot: 105
  • Meridian: SEC 05 TWN 23S RNG 27E
  • Municipality: WINTER GARDEN
  • Latitude: 28.5183
  • Longitude: -81.6354

    Address

  • Full Address: 16702 Otterchase Ln
  • Address - House Number: 16702
  • Address - Street Name: Otterchase
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Winter Garden
  • Carrier Code: R020
  • 4-Digit Zip Code: 0026
  • Zip Code: 34787

Valuation

    Tax

  • Total Area: 3,913
  • Tax Year: 2023
  • Tax Amount: $10,167
  • Tax Rate Code Area: 65-WG

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 94
  • Final Value: 744,443
  • High Value: 803,776
  • Low Value: 685,109

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $596,750
  • First Open Lien Mortgage Lender: GREYSON CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Jun 17, 2021
  • First Open Lien Mortgage Loan Amount: $596,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $785,542
  • Market Land Value: $120,000
  • Market Improvement Value: $665,542

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $683,978

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 17, 2021
  • Current Sale Transaction ID: 11840765091
  • Current Sale Price: $775,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210361558
  • Previous Sale Recording Date: Mar 05, 2019
  • Previous Sale Contract Date: Feb 28, 2019
  • Previous Sale Amount: $617,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREYSON CAPITAL LLC
  • First Mortgage Transaction Date: Jun 17, 2021
  • First Mortgage Loan Amount: $596,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 16702 Otterchase Lane located in?
The 16702 Otterchase Lane is a located in the neighborhood of Southwest Orange in Winter Garden, Winter Garden.
What is the average sales price for listings in 16702 Otterchase Lane?
The average sales price for units in 16702 Otterchase Lane is $0 currently.

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