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2498 Lay Lane

2498 Lay Lane, The Villages, FL 32163
Property in Wildwood
Sold Jun 08, 2020
$332,000
$257,600 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2035
Sold Feb 12, 2019
$319,696
$223,787 by Bay Valley Mortgage Group
Mortgage Due Feb 01, 2049
2498 Lay Lane has been categorized by the local assessors in The Villages, FL as a residential type of property. The building on the property was first built in 2018 and is 6 years old. In addition, 2498 Lay Lane has 1,700 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 5,708 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 543 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 steel control joints. The exterior walls of the building are made of wood. 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, 2498 Lay Lane sold most recently in May 28, 2020 for a total of $332,000. If you work out the math, that's approximately a cost of $148.02 per sqft. Before that, the property was also sold for $319,696 in Jan 29, 2019. 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 $4,564 in taxes each year. 2498 Lay Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $260,290. 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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Steel
  • Exterior Walls Type: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 543
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,708
  • Total Building Area: 2,243
  • Gross Building Area: 2,562
  • Building Area: 1,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF FENNEY LIVE OAK VILLAS
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 18 VILLAGE OF FENNEY LIVE OAK VILLAS PB 16 PGS 39-39A

Ownership

  • Current Owner : REITTER ROGER A
  • Current Owner 2: REITTER KIMBERLY A
  • Previous Owner : KATZ JOHN GREGORY
  • Previous Owner 2: KATZ KIT GABRIELLE
  • Owner Before Previous Owner: THE VILLAGES OF LAKE SUMTER INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 910300

Geography

  • Parcel: G33G018
  • Lot: 18
  • Meridian: SEC 33 TWN 19S RNG 23E
  • Municipality: WILDWOOD
  • Latitude: 28.7856
  • Longitude: -82.0168

    Address

  • Full Address: 2498 Lay Ln
  • Address - House Number: 2498
  • Address - Street Name: Lay
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: The Villages
  • Carrier Code: H111
  • 4-Digit Zip Code: 0466
  • Zip Code: 32163

Valuation

    Tax

  • Total Area: 2,109
  • Tax Year: 2023
  • Tax Amount: $4,564
  • Tax Rate Code Area: 2002

    Appraisal Valuation

  • Standard Deviation: 0.1484
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 505,908
  • High Value: 580,988
  • Low Value: 430,828

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $357,600
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 08, 2020
  • First Open Lien Mortgage Loan Amount: $257,600
  • 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: Jun 01, 2035
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Jul 20, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 29, 2047

    Market Valuation

  • Market Total Value: $399,920
  • Market Land Value: $79,910
  • Market Improvement Value: $320,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,290

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2020
  • Current Sale Recording Date: Jun 08, 2020
  • Current Sale Transaction ID: 11767381859
  • Current Sale Price: $332,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202060024181
  • Previous Sale Recording Date: Feb 12, 2019
  • Previous Sale Contract Date: Jan 29, 2019
  • Previous Sale Amount: $319,696
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 08, 2020
  • First Mortgage Loan Amount: $257,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: BAY VALLEY MORTGAGE GROUP
  • Previous Mortgage Transaction Date: Feb 12, 2019
  • Previous Mortgage Loan Amount: $223,787
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2049

About Wildwood



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2838 Trulli Terrace, THE VILLAGES, FL, 32163 Listing by Kathy Perna

Frequently Asked Questions

What neighborhood is 2498 Lay Lane located in?
The 2498 Lay Lane is a located in the neighborhood of Wildwood in Wildwood, The Villages.
What is the average sales price for listings in 2498 Lay Lane?
The average sales price for units in 2498 Lay Lane is $0 currently.

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