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488 Alinole Loop

488 Alinole Loop, Lake Mary, FL 32746
Property in Timacuan
Sold Aug 07, 1996
$236,600
$150,000 by Ryland Mortgage
Mortgage
Sold Feb 01, 1995
$280,000
488 Alinole Loop in Lake Mary, FL was first built in 1996 and is 28 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 488 Alinole Loop has 2,596 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 10,625 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a cathedral style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 668 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. 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 air conditioning. As for heating, the home is utilizing a solar heating system and being fueled with solar energy. 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, 488 Alinole Loop sold most recently in Jan 1, 1970 for a total of $236,600. If you work out the math, that's approximately a cost of $72.49 per sqft. Before that, the property was also sold for $280,000 in Feb 1, 1995. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,777 in taxes each year. 488 Alinole Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $309,784. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Good
  • 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: 668
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,625
  • Total Building Area: 3,264
  • Gross Building Area: 3,264
  • Building Area: 2,596
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Solar
  • Heated Square Feet: 2,596
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMACUAN UNIT 16 PH 1 REPLAT
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 100 TIMACUAN UNIT 16 PH 1 REPLAT PB 48 PGS 12 TO 16

Ownership

  • Current Owner : SOLOMON WILLIAM C
  • Current Owner 2: SOLOMON LAUREN D
  • Previous Owner : THE RYLAND GROUP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: LAKE MARY
  • Census Tract: 020805

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 0087B450
  • Subdivision Tract Number: 507
  • Parcel: 08-20-30-507-0000-1000
  • Lot: 100
  • Meridian: SEC 08 TWN 20S RNG 30E
  • Municipality: LAKE MARY
  • Latitude: 28.7674
  • Longitude: -81.3377

    Address

  • Full Address: 488 Alinole Loop
  • Address - House Number: 488
  • Address - Street Name: Alinole
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Lake Mary
  • Carrier Code: C014
  • 4-Digit Zip Code: 2232
  • Zip Code: 32746

Valuation

    Tax

  • Total Area: 3,607
  • Tax Year: 2023
  • Tax Amount: $3,777
  • Tax Rate Code Area: M1

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 633,618
  • High Value: 717,761
  • Low Value: 549,476

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: RYLAND MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 07, 1996
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $519,631
  • Market Land Value: $90,000
  • Market Improvement Value: $429,631

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,784

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Aug 07, 1996
  • Current Sale Transaction ID: 1065563511
  • Current Sale Price: $236,600
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 01, 1995
  • Previous Sale Contract Date: Feb 01, 1995
  • Previous Sale Amount: $280,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RYLAND MORTGAGE
  • First Mortgage Transaction Date: Aug 07, 1996
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 488 Alinole Loop located in?
The 488 Alinole Loop is a located in the neighborhood of Timacuan in Timacuan, Lake Mary.
What is the average sales price for listings in 488 Alinole Loop?
The average sales price for units in 488 Alinole Loop is $0 currently.

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