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2531 Lake Margaret Drive

2531 Lake Margaret Drive, Orlando, FL 32806
Property in Conway
Sold May 02, 2017
$225,000
$220,924 by Flagstar Bank Fsb
Mortgage Due May 01, 2047
Sold Mar 12, 2003
$164,500
$90,000 by Carolyn Gurley Owen
Mortgage
2531 Lake Margaret Drive has been categorized by the local assessors in Orlando, FL as a residential type of property. The building on the property was first built in 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2531 Lake Margaret Drive has 1,405 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 17,795 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 garage for those who require parking. The garage measured 672 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of concrete. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. The property was last sold in Apr 27, 2017 for $225,000. That's $107.50 per sqft. Prior to that sales transaction, the property was also sold in Feb 27, 2003 for $164,500. 2531 Lake Margaret Drive was last assessed in 2023. The total value of the property was assessed at $234,236. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,298. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Parquet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 17,795
  • Total Building Area: 2,093
  • Gross Building Area: 2,093
  • Building Area: 1,405
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,405
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ACREAGE
  • Land Acres: 0.409
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W 147 FT OF E 665 FT OF S1/4 OF NW1/4 OF NE1/4 (LESS RD ON S) & (LESS N 180 FT) OF SEC 07-23-30

Ownership

  • Current Owner : DODDS NATHAN C
  • Current Owner 2: DYE LINDSEY J
  • Previous Owner : GURLEY JASON DAVID
  • Previous Owner 2: LIU YANHONG
  • Owner Before Previous Owner: KNIGHT ROBERT W
  • Owner Before Previous Owner 2: KNIGHT BETTY I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0335
  • Census Tract: 013802

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 216
  • Subdivision Tract Number: 0000
  • Parcel: 07-23-30-0000-00-091
  • Lot: 91
  • Meridian: SEC 07 TWN 23S RNG 30E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5061
  • Longitude: -81.3493

    Address

  • Full Address: 2531 Lake Margaret Dr
  • Address - House Number: 2531
  • Address - Street Name: Lake Margaret
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C048
  • 4-Digit Zip Code: 6526
  • Zip Code: 32806

Valuation

    Tax

  • Total Area: 1,678
  • Tax Year: 2023
  • Tax Amount: $3,298
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.175
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 434,735
  • High Value: 510,836
  • Low Value: 358,635

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $228,796
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: May 02, 2017
  • First Open Lien Mortgage Loan Amount: $220,924
  • 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: May 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Oct 06, 2023
  • Second Open Lien Mortgage Loan Amount: $7,872
  • Second Open Lien Mortgage Term: 282
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: May 01, 2047

    Market Valuation

  • Market Total Value: $363,869
  • Market Land Value: $135,000
  • Market Improvement Value: $228,869

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,236

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2017
  • Current Sale Recording Date: May 02, 2017
  • Current Sale Transaction ID: 1811751791
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20170241388
  • Previous Sale Recording Date: Mar 12, 2003
  • Previous Sale Contract Date: Feb 27, 2003
  • Previous Sale Amount: $164,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAGSTAR BANK FSB
  • First Mortgage Transaction Date: May 02, 2017
  • First Mortgage Loan Amount: $220,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: CAROLYN GURLEY OWEN
  • Previous Mortgage Transaction Date: Mar 12, 2003
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $90,000

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Frequently Asked Questions

What neighborhood is 2531 Lake Margaret Drive located in?
The 2531 Lake Margaret Drive is a located in the neighborhood of Conway in Conway, Orlando.
What is the average sales price for listings in 2531 Lake Margaret Drive?
The average sales price for units in 2531 Lake Margaret Drive is $0 currently.

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