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2500 West Lake Drive

2500 West Lake Drive, Deland, FL 32724
Sold Sep 07, 2016
$138,000
$185,000 by Space Coast Credit Union
Mortgage Due Mar 01, 2052
Sold Nov 15, 1990
$100
Local assessors in Deland, FL have categorized 2500 West Lake Drive as a residential type of property. The home was built in 1990 and is 34 years old. It was most recently renovated and altered in 1994. The property's lot size has been calculated to be 10,084 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 2500 West Lake Drive has a total of 1,708 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. 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 - C. The building has a hip style roof that was made of asphalt. Lots of alum/vinyl siding 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 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, 2500 West Lake Drive sold most recently in Aug 31, 2016 for a total of $138,000. If you work out the math, that's approximately a cost of $80.80 per sqft. Before that, the property was also sold for $100 in Nov 15, 1990. 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 $1,850 in taxes each year. 2500 West Lake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $126,235. 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: 1990
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • 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: 10,084
  • Total Building Area: 1,708
  • Gross Building Area: 1,708
  • Building Area: 1,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,708
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAYTONA PARK ESTATE
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IRREG PARCEL IN LOTS 1 & 2 BLK 34 DAYTONA PARK ESTATES SEC C MB 23 PGS 97A & 98 MEAS 150.60 FT ON N/L & 69.24 FT ON W/L PER OR 3566 PG 0391 PER OR 6903 PG 4055 PER OR 7299 PG 1135

Ownership

  • Current Owner : SCOTT BENJAMIN LEE
  • Current Owner 2: SCOTT MICHELE CARUSO
  • Previous Owner : STEWART WILLIAM THOMAS
  • Previous Owner 2: MA WENYAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 090305

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: W2-0015-01
  • Account Number: 5147649
  • Subdivision Tract Number: 03
  • Parcel: 7001-03-34-0020
  • Block: 34
  • Lot: 1,2
  • Meridian: SEC 01 TWN 17S RNG 30E
  • Municipality: UNINCORPORATED - WESTSIDE
  • Latitude: 29.0499
  • Longitude: -81.2573

    Address

  • Full Address: 2500 W Lake Dr
  • Address - House Number: 2500
  • Street Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Deland
  • Carrier Code: R011
  • 4-Digit Zip Code: 3244
  • Zip Code: 32724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,850
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 300,761
  • High Value: 363,316
  • Low Value: 238,205

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $219,000
  • First Open Lien Mortgage Lender: SPACE COAST CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 02, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $185,000
  • 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: Mar 01, 2052
  • Second Open Lien Mortgage Lender: SPACE COAST CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 11, 2023
  • Second Open Lien Mortgage Loan Amount: $34,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 11, 2053

    Market Valuation

  • Market Total Value: $184,771
  • Market Land Value: $13,000
  • Market Improvement Value: $171,771

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,235

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2016
  • Current Sale Recording Date: Sep 07, 2016
  • Current Sale Transaction ID: 1766868256
  • Current Sale Price: $138,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-165545
  • Previous Sale Recording Date: Nov 15, 1990
  • Previous Sale Contract Date: Nov 15, 1990
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Sep 07, 2016
  • First Mortgage Loan Amount: $129,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

About Daytona Park Estates



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Frequently Asked Questions

What neighborhood is 2500 West Lake Drive located in?
The 2500 West Lake Drive is a located in the neighborhood of Daytona Park Estates in Daytona Park Estates, Deland.
What is the average sales price for listings in 2500 West Lake Drive?
The average sales price for units in 2500 West Lake Drive is $0 currently.

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