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480 Silver Springs Drive

480 Silver Springs Drive, Oviedo, FL 32765
Property in Oviedo Forest
Sold Nov 14, 2019
$379,900
$100,000 by United Savings Bank
Mortgage Due Nov 01, 2034
Sold Jul 16, 2014
$324,000
$291,600 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2044
480 Silver Springs Drive has been categorized by the local assessors in Oviedo, FL as a residential type of property. The building on the property was first built in 2007 and is 17 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 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, 480 Silver Springs Drive has 2,535 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 8,400 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 attached garage for those who require parking. The garage measured 664 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 average. 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. The building has a cathedral style roof made of composition shingle. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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 central heating system. The property was last sold in Nov 1, 2019 for $379,900. That's $118.76 per sqft. Prior to that sales transaction, the property was also sold in Jul 3, 2014 for $324,000. 480 Silver Springs Drive was last assessed in 2023. The total value of the property was assessed at $382,634. 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 $5,504. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 664
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,400
  • Total Building Area: 3,199
  • Gross Building Area: 3,199
  • Building Area: 2,535
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,535
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVIEDO FOREST
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 OVIEDO FOREST PB 70 PGS 53 TO 69

Ownership

  • Current Owner : YU GONGXIN
  • Current Owner 2: XIE GU
  • Previous Owner : MCNEELY DAVID
  • Previous Owner 2: MCNEELY HOLLEY
  • Owner Before Previous Owner: SARTOR WILLIAM S
  • Owner Before Previous Owner 2: SARTOR REBECCA B
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: OVIEDO
  • Census Tract: 021201

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 00947F6E
  • Subdivision Tract Number: 503
  • Parcel: 12-21-31-503-0000-0300
  • Lot: 30
  • Meridian: SEC 12 TWN 21S RNG 31E
  • Municipality: OVIEDO
  • Latitude: 28.6765
  • Longitude: -81.1731

    Address

  • Full Address: 480 Silver Springs Dr
  • Address - House Number: 480
  • Address - Street Name: Silver Springs
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Oviedo
  • Carrier Code: R037
  • 4-Digit Zip Code: 5925
  • Zip Code: 32765

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,504
  • Tax Rate Code Area: V1

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 598,485
  • High Value: 710,917
  • Low Value: 486,053

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: UNITED SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Nov 14, 2019
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2034

    Market Valuation

  • Market Total Value: $517,496
  • Market Land Value: $131,000
  • Market Improvement Value: $386,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,634

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Transaction ID: 11679811823
  • Current Sale Price: $379,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019123826
  • Previous Sale Recording Date: Jul 16, 2014
  • Previous Sale Contract Date: Jul 03, 2014
  • Previous Sale Amount: $324,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED SAVINGS BANK
  • First Mortgage Transaction Date: Nov 14, 2019
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jul 16, 2014
  • Previous Mortgage Loan Amount: $291,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2044

About Oviedo Forest



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Frequently Asked Questions

What neighborhood is 480 Silver Springs Drive located in?
The 480 Silver Springs Drive is a located in the neighborhood of Oviedo Forest in Oviedo Forest, Oviedo.
What is the average sales price for listings in 480 Silver Springs Drive?
The average sales price for units in 480 Silver Springs Drive is $0 currently.

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