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2702 Wallace Drive

2702 Wallace Drive, Sebring, FL 33872
Property in Sebring
Sold Apr 01, 2021
$65,000
$55,000 by Frazee Family Trust
Mortgage
Sold Jun 01, 2011
$42,900
$32,900 by David Mcqueen Etux
Mortgage Due May 15, 2026
2702 Wallace Drive has been categorized by the local assessors in Sebring, FL as a residential type of property. The building on the property was first built in 1969 and is 55 years old. The home has a total of 2 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, 2702 Wallace Drive has 902 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,410 ft and across the front of the lot is 1,010 ft. The area measurement of the land has been determined as 14,305 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

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 carport for those who require parking. The garage measured 480 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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 masonry control joints. 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 metal. The exterior walls of the building are made of metal. While the interior walls have been made of paneling. 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. 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, 2702 Wallace Drive sold most recently in Mar 30, 2021 for a total of $65,000. If you work out the math, that's approximately a cost of $72.06 per sqft. Before that, the property was also sold for $42,900 in May 13, 2011. 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 $917 in taxes each year. 2702 Wallace Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $43,810. If we break it down further, the land itself was valued at $9,898. Improvements to the property, however, were assessed at a total of $33,912. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Mobile home
  • Exterior Walls Type: Metal
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,305
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,010
  • Total Building Area: 902
  • Gross Building Area: 902
  • Building Area: 902
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 902
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALLACE STEVENS UNREC
  • Land Acres: 0.328
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: WALLACE STEVENS UNREC A TR 140.86 X 100.89 FT IN W 1/2 OF E 1/2 OF SW 1/4 OF SE 1/4 T A NO 11

Ownership

  • Current Owner : PAPINEAU THOMAS
  • Current Owner 2: PAPINEAU EILEEN
  • Previous Owner : FRAZEE RICHARD M
  • Previous Owner 2: FRAZEE PATERICIA A
  • Owner Before Previous Owner: MCQUEEN DAVID
  • Owner Before Previous Owner 2: MCQUEEN VALERIE

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 960602

Zoning

  • Zoning: M1

Geography

  • Subdivision Tract Number: 140
  • Parcel: C-35-34-28-030-0000-0110
  • Meridian: SEC 35 TWN 34S RNG 28E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.4744
  • Longitude: -81.4874

    Address

  • Full Address: 2702 Wallace Dr
  • Address - House Number: 2702
  • Address - Street Name: Wallace
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sebring
  • Carrier Code: R061
  • 4-Digit Zip Code: 4130
  • Zip Code: 33872

Valuation

    Tax

  • Total Area: 672
  • Tax Year: 2022
  • Tax Amount: $917
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.2471
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 65
  • Final Value: 88,434
  • High Value: 110,293
  • Low Value: 66,575

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: FRAZEE FAMILY TRUST
  • First Open Lien Mortgage Recording Date: Apr 01, 2021
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $43,810
  • Market Land Value: $9,898
  • Market Improvement Value: $33,912

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,810
  • Assessed Land Value: $9,898
  • Assessed Improvements Value: $33,912

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Apr 01, 2021
  • Current Sale Transaction ID: 11827714869
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2027277
  • Previous Sale Recording Date: Jun 01, 2011
  • Previous Sale Contract Date: May 13, 2011
  • Previous Sale Amount: $42,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRAZEE FAMILY TRUST
  • First Mortgage Transaction Date: Apr 01, 2021
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: DAVID MCQUEEN ETUX
  • Previous Mortgage Transaction Date: Jun 01, 2011
  • Previous Mortgage Loan Amount: $32,900
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: May 15, 2026

About Highlands



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$1,180 /mo

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1245 Us 27 Highway S #1245, Sebring, FL, 33870 Listing by C Boring III

Frequently Asked Questions

What neighborhood is 2702 Wallace Drive located in?
The 2702 Wallace Drive is a located in the neighborhood of Sebring in Highlands, Sebring.
What is the average sales price for listings in 2702 Wallace Drive?
The average sales price for units in 2702 Wallace Drive is $0 currently.

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