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495 Merrimac Lane

495 Merrimac Lane, Spring Hill, FL 34606
House in Spring Hill
Sold Apr 23, 2019
$99,000
$97,206 by Norwich Commercial Group Inc
Mortgage Due May 01, 2049
Local assessors in Spring Hill, FL have categorized 495 Merrimac Lane as a residential type of property. The home was built in 1970 and is 54 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 750 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 1 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 495 Merrimac Lane has a total of 870 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 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. 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 - C. The building has a gable or hip style roof that was made of materials that we aren't sure of. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 495 Merrimac Lane was last sold in Apr 18, 2019 for $99,000. According to our calculations, that's $74.10 per sqft. Current property owners are expected to pay $1,426 in taxes per year. The property on 495 Merrimac Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $98,479. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

Carport
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,336
  • Gross Building Area: 1,336
  • Building Area: 870
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 870
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPRING HILL UN 2
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPRING HILL UNIT 2 BLK 105 LOT 20

Ownership

  • Current Owner : SHORT ALYSSA
  • Previous Owner : DODSON DENNIS O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hernando County School District
  • School Tax School District: 1,36,48,99
  • Census Tract: 041401

Geography

  • Assessors Map Reference: MAP: 27C
  • Account Number: 00227141
  • Parcel: R32-323-17-5020-0105-0200
  • Block: 105
  • Lot: 20
  • Meridian: SEC 32 TWN 23S RNG 17E
  • Municipality: HILLSBOROUGH BASIN EMS
  • Latitude: 28.4449
  • Longitude: -82.6049

    Address

  • Full Address: 495 Merrimac Ln
  • Address - House Number: 495
  • Address - Street Name: Merrimac
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Spring Hill
  • Carrier Code: C022
  • 4-Digit Zip Code: 5742
  • Zip Code: 34606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,426
  • Tax Rate Code Area: CW-ES

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 182,480
  • High Value: 221,393
  • Low Value: 143,566

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $100,671
  • First Open Lien Mortgage Lender: NORWICH COMMERCIAL GROUP INC
  • First Open Lien Mortgage Recording Date: Apr 23, 2019
  • First Open Lien Mortgage Loan Amount: $97,206
  • 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, 2049
  • Second Open Lien Mortgage Lender: NORWICH COMMERCIAL GROUP INC
  • Second Open Lien Mortgage Recording Date: Apr 23, 2019
  • Second Open Lien Mortgage Loan Amount: $3,465
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: May 01, 2029

    Market Valuation

  • Market Total Value: $109,786
  • Market Land Value: $30,000
  • Market Improvement Value: $79,786

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,479

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 18, 2019
  • Current Sale Recording Date: Apr 23, 2019
  • Current Sale Transaction ID: 11610439115
  • Current Sale Price: $99,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019024778

    Last Sale Mortgage

  • First Mortgage Lender: NORWICH COMMERCIAL GROUP INC
  • First Mortgage Transaction Date: Apr 23, 2019
  • First Mortgage Loan Amount: $97,206
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 495 Merrimac Lane located in?
The 495 Merrimac Lane is a house located in the neighborhood of Spring Hill in Spring Hill, Spring Hill.
What is the average sales price for listings in 495 Merrimac Lane?
The average sales price for units in 495 Merrimac Lane is $0 currently.

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