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2506 Cypress Trace Circle

2506 Cypress Trace Circle, Orlando, FL 32825
Sold Jan 12, 2018
$263,000
$165,852 by Platinum Mortgage Inc
Mortgage Due Feb 01, 2048
Sold Jul 17, 2013
$208,000
2506 Cypress Trace Circle in Orlando, FL was first built in 2000 and is 24 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2506 Cypress Trace Circle has 2,171 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. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 455 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. 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, 2506 Cypress Trace Circle was last sold in Jan 8, 2018 for $263,000. According to our calculations, that's $92.93 per sqft. Prior to that sales transaction, the property was sold for $208,000 in Jul 12, 2013. Current property owners are expected to pay $5,914 in taxes per year. The property on 2506 Cypress Trace Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $370,230. To break that down further, the land itself was valued at $80,000. While improvements to the property were assessed at a total of $290,230. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 455
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 2,830
  • Gross Building Area: 2,830
  • Building Area: 2,171
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,171
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: S
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CYPRESS SPRINGS VILLAGE S 43/124 LOT 64

Ownership

  • Current Owner : TRANG HAI T
  • Current Owner 2: DIEP KIM
  • Previous Owner : SUNTRUST BANK
  • Owner Before Previous Owner: MIKKONEN MITCHELL R
  • Owner Before Previous Owner 2: MIKKONEN DENA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0335 3396 3447
  • Census Tract: 016752

Zoning

  • Zoning: P-D

Geography

  • Assessors Map Reference: 255A
  • Subdivision Tract Number: 1866
  • Parcel: 05-23-31-1866-00-640
  • Lot: 64
  • Meridian: SEC 05 TWN 23S RNG 31E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5121
  • Longitude: -81.2292

    Address

  • Full Address: 2506 Cypress Trace Cir
  • Address - House Number: 2506
  • Address - Street Name: Cypress Trace
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Orlando
  • Carrier Code: C037
  • 4-Digit Zip Code: 8561
  • Zip Code: 32825

Valuation

    Tax

  • Total Area: 2,455
  • Tax Year: 2023
  • Tax Amount: $5,914
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1664
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 477,107
  • High Value: 556,541
  • Low Value: 397,672

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,852
  • First Open Lien Mortgage Lender: PLATINUM MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 12, 2018
  • First Open Lien Mortgage Loan Amount: $165,852
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2048

    Market Valuation

  • Market Total Value: $370,230
  • Market Land Value: $80,000
  • Market Improvement Value: $290,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,230
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $290,230

    Sales

  • Current Sale Contract Date: Jan 08, 2018
  • Current Sale Recording Date: Jan 12, 2018
  • Current Sale Transaction ID: 11366105702
  • Current Sale Price: $263,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 20180025934
  • Previous Sale Recording Date: Jul 17, 2013
  • Previous Sale Contract Date: Jul 12, 2013
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLATINUM MORTGAGE INC
  • First Mortgage Transaction Date: Jan 12, 2018
  • First Mortgage Loan Amount: $165,852
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2048

About Cypress Springs



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Frequently Asked Questions

What neighborhood is 2506 Cypress Trace Circle located in?
The 2506 Cypress Trace Circle is a located in the neighborhood of Cypress Springs Village in Cypress Springs, Orlando.
What is the average sales price for listings in 2506 Cypress Trace Circle?
The average sales price for units in 2506 Cypress Trace Circle is $0 currently.

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