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2250 Lockwood Lake Circle

2250 Lockwood Lake Circle, Sarasota, FL 34234
Property in Lockwood Meadows
Sold Dec 19, 1995
$66,000
$65,440 by Mtg Tr Co
Mortgage
Local assessors in Sarasota, FL have categorized 2250 Lockwood Lake Circle as a residential type of property. The home was built in 1981 and is 43 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 10,001 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. There is also a partial bathroom. 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 2250 Lockwood Lake Circle has a total of 1,232 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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. 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 wood control joints. 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 style roof that was made of asphalt. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 2250 Lockwood Lake Circle sold most recently in Dec 15, 1995 for a total of $66,000. If you work out the math, that's approximately a cost of $53.57 per sqft. 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 $797 in taxes each year. 2250 Lockwood Lake Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $59,773. 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: 1981
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,001
  • Total Building Area: 1,232
  • Gross Building Area: 1,432
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOCKWOOD MEADOWS UNIT 1
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 LOCKWOOD MEADOWS UNIT 1

Ownership

  • Current Owner : MAYS GWENDOLYN
  • Previous Owner : HENDON DEBORAH F
  • Previous Owner 2: MOORE DEBORAH F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001102

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 7
  • Account Number: 0042060005
  • Subdivision Tract Number: 2102
  • Parcel: 0042-06-0005
  • Lot: 4
  • Meridian: SEC 16 TWN 36S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.3565
  • Longitude: -82.506

    Address

  • Full Address: 2250 Lockwood Lake Cir
  • Legal Unit: 1
  • Address - House Number: 2250
  • Address - Street Name: Lockwood Lake
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C065
  • 4-Digit Zip Code: 7974
  • Zip Code: 34234

Valuation

    Tax

  • Total Area: 1,432
  • Tax Year: 2023
  • Tax Amount: $797
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 77
  • Final Value: 297,631
  • High Value: 349,865
  • Low Value: 245,397

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,440
  • First Open Lien Mortgage Lender: MTG TR CO
  • First Open Lien Mortgage Recording Date: Dec 19, 1995
  • First Open Lien Mortgage Loan Amount: $65,440
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $216,800
  • Market Land Value: $106,500
  • Market Improvement Value: $110,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $59,773

    Sales

  • Current Sale Contract Date: Dec 15, 1995
  • Current Sale Recording Date: Dec 19, 1995
  • Current Sale Transaction ID: 1166394401
  • Current Sale Price: $66,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MTG TR CO
  • First Mortgage Transaction Date: Dec 19, 1995
  • First Mortgage Loan Amount: $65,440
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Lockwood Meadows



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Frequently Asked Questions

What neighborhood is 2250 Lockwood Lake Circle located in?
The 2250 Lockwood Lake Circle is a located in the neighborhood of Lockwood Meadows in Lockwood Meadows, Sarasota.
What is the average sales price for listings in 2250 Lockwood Lake Circle?
The average sales price for units in 2250 Lockwood Lake Circle is $0 currently.

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