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2126 Palmer Street

2126 Palmer Street, Orlando, FL 32803
House in Lake Como
Sold May 19, 2021
$61,300
$225,000 by Axia Financial Llc
Mortgage Due Jun 01, 2051
Sold Oct 04, 2010
$195,000
$156,000 by Suntrust Mortgage Inc
Mortgage Due Oct 01, 2040
Local assessors in Orlando, FL have categorized 2126 Palmer Street as a residential type of property. The home was built in 1949 and is 75 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 7,553 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, 3 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 2 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 2126 Palmer Street has a total of 1,770 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 264 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable or hip style roof that was made of composition shingle. Lots of shingles that aren't wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. 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, 2126 Palmer Street sold most recently in May 13, 2021 for a total of $61,300. If you work out the math, that's approximately a cost of $31.31 per sqft. Before that, the property was also sold for $195,000 in Oct 1, 2010. 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 $5,982 in taxes each year. 2126 Palmer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $365,913. 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: 1949
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Exterior Walls Type: Single (not wood)
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Partial basement
  • Basement Area: 264
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,553
  • Total Building Area: 1,958
  • Gross Building Area: 1,958
  • Building Area: 1,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,770
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORLANDO HIGHLANDS
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORLANDO HIGHLANDS N/15 THE ELY 27.3 FT LOT 8 MEASURED ON ST & ELY 25.28 FT MEASU RED ON S END & WLY 44.05 FT LOT 9 MEASUR ED ON ST & WLY 25.44 FT MEASURED ON S EN D BLK 12 SEE 4163/657

Ownership

  • Current Owner : MERRITT LAURA
  • Previous Owner : BRIDGES JAIME
  • Previous Owner 2: MERRITT LAURA
  • Owner Before Previous Owner: BROWN GREGORY W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5555
  • Census Tract: 011200

Zoning

  • Zoning: R-1A/T/AN

Geography

  • Assessors Map Reference: 212
  • Subdivision Tract Number: 6332
  • Parcel: 31-22-30-6332-12-081
  • Block: 12
  • Lot: 8
  • Meridian: SEC 31 TWN 22S RNG 30E
  • Municipality: ORLANDO
  • Latitude: 28.5347
  • Longitude: -81.3539

    Address

  • Full Address: 2126 Palmer St
  • Address - House Number: 2126
  • Address - Street Name: Palmer
  • Address - Suffix Type: St
  • State: FL
  • City Name: Orlando
  • Carrier Code: C013
  • 4-Digit Zip Code: 6537
  • Zip Code: 32803

Valuation

    Tax

  • Total Area: 1,804
  • Tax Year: 2023
  • Tax Amount: $5,982
  • Tax Rate Code Area: 08-ORL

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 576,898
  • High Value: 674,777
  • Low Value: 479,019

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: AXIA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $392,238
  • Market Land Value: $130,000
  • Market Improvement Value: $262,238

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,913

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11836473026
  • Current Sale Price: $61,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210300731
  • Previous Sale Recording Date: Oct 04, 2010
  • Previous Sale Contract Date: Oct 01, 2010
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXIA FINANCIAL LLC
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 04, 2010
  • Previous Mortgage Loan Amount: $156,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2040

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Frequently Asked Questions

What neighborhood is 2126 Palmer Street located in?
The 2126 Palmer Street is a house located in the neighborhood of Lake Como in Lake Como, Orlando.
What is the average sales price for listings in 2126 Palmer Street?
The average sales price for units in 2126 Palmer Street is $0 currently.

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