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175 Palermo Place

175 Palermo Place, Lady Lake, FL 32159
Sold Jan 24, 2020
$345,000
$276,000 by Citizens First Bank Inc
Mortgage Due Feb 01, 2035
Sold Jun 19, 2017
$275,000
$220,000 by Citizens 1st Bank
Mortgage Due Jul 01, 2047
175 Palermo Place 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 1999 and is 25 years old. However, we must point out that the home was most recently renovated and altered in 2020. The home has a total of 3 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, 175 Palermo Place has 2,085 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 6,874 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 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and 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 gas. The property was last sold in Jan 10, 2020 for $345,000. That's $136.63 per sqft. Prior to that sales transaction, the property was also sold in Jun 1, 2017 for $275,000. 175 Palermo Place was last assessed in 2023. The total value of the property was assessed at $411,664. Specifically, the land the property is located on was valued at $87,300. While improvements on the property were assessed at a total of $324,364. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,560. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,874
  • Total Building Area: 2,525
  • Gross Building Area: 2,525
  • Building Area: 2,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,085
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LADY LAKE THE VILLAGES OF LADY LAKE UNIT
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LADY LAKE THE VILLAGES OF LADY LAKE UNIT NO 24 SUB LOT 6294 PB 39 PGS 62-63 ORB 5411 PG 115

Ownership

  • Current Owner : PEET EDWARD V
  • Current Owner 2: PEET CYNTHIA A
  • Previous Owner : GEORGE PATRICIA A
  • Previous Owner 2: PATRICIA A GEORGE REVOCABJE TR
  • Owner Before Previous Owner: KNOLL FRANCIS J
  • Owner Before Previous Owner 2: KNOLL NORMA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030408

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 15I
  • Account Number: 3777084
  • Subdivision Tract Number: 2210
  • Parcel: 18-18-24-2210-000-62940
  • Lot: 6294
  • Meridian: SEC 18 TWN 18S RNG 24E
  • Municipality: LADY LAKE
  • Latitude: 28.9203
  • Longitude: -81.9427

    Address

  • Full Address: 175 Palermo Pl
  • Address - House Number: 175
  • Address - Street Name: Palermo
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Lady Lake
  • Carrier Code: H022
  • 4-Digit Zip Code: 0094
  • Zip Code: 32159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,560
  • Tax Rate Code Area: F0LL

    Appraisal Valuation

  • Standard Deviation: 0.1776
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 77
  • Final Value: 490,242
  • High Value: 577,353
  • Low Value: 403,132

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $276,000
  • First Open Lien Mortgage Lender: CITIZENS FIRST BANK INC
  • First Open Lien Mortgage Recording Date: Jan 24, 2020
  • First Open Lien Mortgage Loan Amount: $276,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2035

    Market Valuation

  • Market Total Value: $411,664
  • Market Land Value: $87,300
  • Market Improvement Value: $324,364

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $411,664
  • Assessed Land Value: $87,300
  • Assessed Improvements Value: $324,364

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 24, 2020
  • Current Sale Transaction ID: 11719918847
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020009737
  • Previous Sale Recording Date: Jun 19, 2017
  • Previous Sale Contract Date: Jun 01, 2017
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS FIRST BANK INC
  • First Mortgage Transaction Date: Jan 24, 2020
  • First Mortgage Loan Amount: $276,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS 1ST BANK
  • Previous Mortgage Transaction Date: Jun 19, 2017
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2047

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Frequently Asked Questions

What neighborhood is 175 Palermo Place located in?
The 175 Palermo Place is a located in the neighborhood of Villages of Lady Lake in Villages of Lady Lake, Lady Lake.
What is the average sales price for listings in 175 Palermo Place?
The average sales price for units in 175 Palermo Place is $0 currently.

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