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2642 Ferol Lane

2642 Ferol Lane, Lynn Haven, FL 32444
Sold Jan 10, 2022
$670,000
$536,000 by Mega Capital Funding Inc
Mortgage Due Feb 01, 2052
Sold Jun 04, 2007
$475,000
$380,000 by Regions Mortgage
Mortgage Due Jun 01, 2037
Local assessors in Lynn Haven, FL have categorized 2642 Ferol Lane as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 2019. The property's lot size has been calculated to be 34,020 square feet. The linear feet between the front and back of the lot was measured at 2,620 ft and the front of the lot was measured at 1,300 ft. 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, 4 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2642 Ferol Lane has a total of 3,158 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 693 sqft. 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B. The building has a gable or hip style roof that was made of materials that we aren't sure of. Lots of wood 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2642 Ferol Lane sold most recently in Jan 10, 2022 for a total of $670,000. If you work out the math, that's approximately a cost of $212.16 per sqft. Before that, the property was also sold for $475,000 in May 31, 2007. 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 $7,187 in taxes each year. 2642 Ferol Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $570,700. If we break it down further, the land itself was valued at $68,140. Improvements to the property, however, were assessed at a total of $502,560. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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: 1989
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: B
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Carport
  • Garage Square Area: 693
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 34,020
  • Lot Size Depth Feet: 2,620
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,158
  • Gross Building Area: 3,158
  • Building Area: 3,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,158
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORMANDALE ESTATES
  • Land Acres: 0.781
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORMANDALE ESTATES LOT 21 BLK 2 ORB 4509 P 1724

Ownership

  • Current Owner : REED NICHOLAS J
  • Current Owner 2: REED ANGELA
  • Previous Owner : MCKENZIE AMBER N
  • Owner Before Previous Owner: MARSHALL MATT
  • Owner Before Previous Owner 2: MARSHALL AMY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Bay County School District
  • Census Tract: 001402

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 115C
  • Parcel: 11352-242-000
  • Block: 2
  • Lot: 21
  • Meridian: SEC 11 TWN 03S RNG 14W
  • Municipality: FIRE COUNTY MOSQUITO
  • Latitude: 30.2452
  • Longitude: -85.6067

    Address

  • Full Address: 2642 Ferol Ln
  • Address - House Number: 2642
  • Address - Street Name: Ferol
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Lynn Haven
  • Carrier Code: C003
  • 4-Digit Zip Code: 3214
  • Zip Code: 32444

Valuation

    Tax

  • Total Area: 3,572
  • Tax Year: 2023
  • Tax Amount: $7,187
  • Tax Rate Code Area: 055

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 69
  • Final Value: 579,226
  • High Value: 707,232
  • Low Value: 451,221

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $536,000
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Open Lien Mortgage Recording Date: Jan 10, 2022
  • First Open Lien Mortgage Loan Amount: $536,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $570,700
  • Market Land Value: $68,140
  • Market Improvement Value: $502,560

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $570,700
  • Assessed Land Value: $68,140
  • Assessed Improvements Value: $502,560

    Sales

  • Current Sale Contract Date: Jan 10, 2022
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Transaction ID: 11877874087
  • Current Sale Price: $670,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2238
  • Previous Sale Recording Date: Jun 04, 2007
  • Previous Sale Contract Date: May 31, 2007
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING INC
  • First Mortgage Transaction Date: Jan 10, 2022
  • First Mortgage Loan Amount: $536,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MORTGAGE
  • Previous Mortgage Transaction Date: Jun 04, 2007
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $380,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2037

About St. Andrews Bay



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Frequently Asked Questions

What neighborhood is 2642 Ferol Lane located in?
The 2642 Ferol Lane is a located in the neighborhood of Normandale Estates in St. Andrews Bay, Lynn Haven.
What is the average sales price for listings in 2642 Ferol Lane?
The average sales price for units in 2642 Ferol Lane is $0 currently.

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