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1788 Bella Lago Drive

1788 Bella Lago Drive, Clermont, FL 34711
Property in Bella Lago
Sold Jan 20, 2015
$460,904
$175,010 by Jpmorgan Chase Bank Na
Mortgage Due Nov 01, 2041
Sold Apr 04, 2013
$5,280,000
Local assessors in Clermont, FL have categorized 1788 Bella Lago Drive as a residential type of property. The home was built in 2015 and is 9 years old. It was most recently renovated and altered in 2022. The property's lot size has been calculated to be 11,478 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1788 Bella Lago Drive has a total of 3,520 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 810 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of tile. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is 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, 1788 Bella Lago Drive sold most recently in Jan 9, 2015 for a total of $460,904. If you work out the math, that's approximately a cost of $106.44 per sqft. Before that, the property was also sold for $5,280,000 in Mar 29, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,931 in taxes each year. 1788 Bella Lago Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $383,260. 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. 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.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: 2015
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 810
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,478
  • Total Building Area: 4,330
  • Gross Building Area: 4,330
  • Building Area: 3,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,520
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BELLA LAGO
  • Land Acres: 0.264
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELLA LAGO PB 60 PG 14-15 LOT 22 ORB 4574 PG 2460

Ownership

  • Current Owner : LOVELACE TIMOTHY P
  • Current Owner 2: LOVELACE ANDREA C
  • Previous Owner : RICHMOND AMERICAN HOMES OF FLORIDA LP
  • Owner Before Previous Owner: AMA ORLANDO INVESTMENTS ONE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 031308

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: BK 60 PG 14-15
  • Account Number: 3859122
  • Subdivision Tract Number: A-C,C1,D,R
  • Parcel: 04-23-26-0010-000-02200
  • Lot: 22
  • Meridian: SEC 4 TWN 23S RNG 26E
  • Municipality: CLERMONT
  • Latitude: 28.5172
  • Longitude: -81.7201

    Address

  • Full Address: 1788 Bella Lago Dr
  • Address - House Number: 1788
  • Address - Street Name: Bella Lago
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Clermont
  • Carrier Code: R040
  • 4-Digit Zip Code: 4636
  • Zip Code: 34711

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,931
  • Tax Rate Code Area: C

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 686,141
  • High Value: 799,013
  • Low Value: 573,269

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,010
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 05, 2021
  • First Open Lien Mortgage Loan Amount: $175,010
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2041

    Market Valuation

  • Market Total Value: $570,919
  • Market Land Value: $185,500
  • Market Improvement Value: $385,419

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $383,260

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 09, 2015
  • Current Sale Recording Date: Jan 20, 2015
  • Current Sale Transaction ID: 1072011945
  • Current Sale Price: $460,904
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2015005738
  • Previous Sale Recording Date: Apr 04, 2013
  • Previous Sale Contract Date: Mar 29, 2013
  • Previous Sale Amount: $5,280,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARTUS HOME LOANS LLC
  • First Mortgage Transaction Date: Jan 20, 2015
  • First Mortgage Loan Amount: $302,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2045

About Bella Lago



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Frequently Asked Questions

What neighborhood is 1788 Bella Lago Drive located in?
The 1788 Bella Lago Drive is a located in the neighborhood of Bella Lago in Bella Lago, Clermont.
What is the average sales price for listings in 1788 Bella Lago Drive?
The average sales price for units in 1788 Bella Lago Drive is $0 currently.

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