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1951 Palo Alto Avenue

1951 Palo Alto Avenue, Lady Lake, FL 32159
Property in Wildwood
Sold May 21, 2020
$225,000
$200,500 by Wachob Family Trusr
Mortgage Due May 21, 2050
Sold Feb 27, 2017
$250,000
1951 Palo Alto Avenue in Lady Lake, FL was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. 1951 Palo Alto Avenue has 1,452 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 900. In total, the area measurement of the land is 5,400 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 440 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of block. 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, 1951 Palo Alto Avenue was last sold in May 14, 2020 for $225,000. According to our calculations, that's $118.92 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Feb 15, 2017. Current property owners are expected to pay $2,367 in taxes per year. The property on 1951 Palo Alto Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $215,440. 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. 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.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: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Block
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,892
  • Gross Building Area: 2,252
  • Building Area: 1,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,452
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE VILLAGES OF SUMTER
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 116 THE VILLAGES OF SUMTER UNIT NO. 13 PLAT BOOK 4 PAGES 125-125C

Ownership

  • Current Owner : SNYDER JOHN M
  • Previous Owner : WACHOB JAMES EDWARD
  • Previous Owner 2: WACHOB CATHERINE ANN
  • Owner Before Previous Owner: GIOIA JAMES ANTHONY
  • Owner Before Previous Owner 2: GIOIA DONNA LEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 911704

Geography

  • Parcel: D12M116
  • Lot: 116
  • Meridian: SEC 12 TWN 18S RNG 23E
  • Municipality: SUMTER COUNTY
  • Latitude: 28.9358
  • Longitude: -81.9724

    Address

  • Full Address: 1951 Palo Alto Ave
  • Address - House Number: 1951
  • Address - Street Name: Palo Alto
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Lady Lake
  • Carrier Code: H018
  • 4-Digit Zip Code: 9203
  • Zip Code: 32159

Valuation

    Tax

  • Total Area: 1,955
  • Tax Year: 2023
  • Tax Amount: $2,367
  • Tax Rate Code Area: 5005

    Appraisal Valuation

  • Standard Deviation: 0.1727
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 369,874
  • High Value: 433,768
  • Low Value: 305,981

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,500
  • First Open Lien Mortgage Lender: WACHOB FAMILY TRUSR
  • First Open Lien Mortgage Recording Date: May 21, 2020
  • First Open Lien Mortgage Loan Amount: $200,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 21, 2050
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $287,570
  • Market Land Value: $21,600
  • Market Improvement Value: $265,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $215,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Transaction ID: 11762973882
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202060021859
  • Previous Sale Recording Date: Feb 27, 2017
  • Previous Sale Contract Date: Feb 15, 2017
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WACHOB FAMILY TRUSR
  • First Mortgage Transaction Date: May 21, 2020
  • First Mortgage Loan Amount: $200,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon

About The Villages



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Frequently Asked Questions

What neighborhood is 1951 Palo Alto Avenue located in?
The 1951 Palo Alto Avenue is a located in the neighborhood of Wildwood in The Villages, Lady Lake.
What is the average sales price for listings in 1951 Palo Alto Avenue?
The average sales price for units in 1951 Palo Alto Avenue is $0 currently.

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