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504 Palencia Place

504 Palencia Place, Lakeland, FL 33803
Sold Oct 29, 2019
$220,000
$175,000 by Midflorida Cu
Mortgage Due Nov 01, 2049
Sold Sep 09, 2016
$115,000
$92,000 by Rp Funding Inc
Mortgage Due Oct 01, 2036
504 Palencia Place in Lakeland, FL was first built in 1952 and is 72 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 is only one bathroom. There is a 1 partial bathroom. 504 Palencia Place has 1,156 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. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,370. In total, the area measurement of the land is 10,276 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of materials that we aren't sure of. For those who need parking, there is a carport. The garage is 231 sqft. 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 quality of the control joints have been graded by the local assessor with a letter grade of C. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. 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, 504 Palencia Place sold most recently in Oct 24, 2019 for a total of $220,000. If you work out the math, that's approximately a cost of $190.31 per sqft. Before that, the property was also sold for $115,000 in Sep 1, 2016. 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 $1,440 in taxes each year. 504 Palencia Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $133,463. 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. 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Masonry
  • Interior Walls Type: Plaster
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 231
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,276
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,156
  • Gross Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,156
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALMOREY SUBDIVISION
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALMOREY SUB PB 8 PG 47 BLK D LOTS 24 & E1/2 OF 25

Ownership

  • Current Owner : GARNER MICHAEL DOUGLAS
  • Current Owner 2: GARNER PEGGY LYNN
  • Previous Owner : CHRISTOFFERSEN JEFFREY
  • Previous Owner 2: CHRISTOFFERSEN KIMBERLY
  • Owner Before Previous Owner: KAVANAUGH JOSEPH M

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 010702

Geography

  • Parcel: 23-28-36-138500-004240
  • Block: D
  • Lot: 24
  • Meridian: SEC 36 TWN 28S RNG 23E
  • Municipality: LAKELAND/SWFWMD/LKLD MASS
  • Latitude: 28.0097
  • Longitude: -81.9611

    Address

  • Full Address: 504 Palencia Pl
  • Address - House Number: 504
  • Address - Street Name: Palencia
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Lakeland
  • Carrier Code: C071
  • 4-Digit Zip Code: 3924
  • Zip Code: 33803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,440
  • Tax Rate Code Area: 91510

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 281,512
  • High Value: 339,552
  • Low Value: 223,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,000
  • First Open Lien Mortgage Lender: MIDFLORIDA CU
  • First Open Lien Mortgage Recording Date: Oct 29, 2019
  • First Open Lien Mortgage Loan Amount: $175,000
  • 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: Nov 01, 2049

    Market Valuation

  • Market Total Value: $158,076
  • Market Land Value: $20,280
  • Market Improvement Value: $137,796

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $133,463

    Sales

  • Current Sale Contract Date: Oct 24, 2019
  • Current Sale Recording Date: Oct 29, 2019
  • Current Sale Transaction ID: 11672286189
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019228520
  • Previous Sale Recording Date: Sep 09, 2016
  • Previous Sale Contract Date: Sep 01, 2016
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFLORIDA CU
  • First Mortgage Transaction Date: Oct 29, 2019
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: RP FUNDING INC
  • Previous Mortgage Transaction Date: Sep 09, 2016
  • Previous Mortgage Loan Amount: $92,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2036

About Southwest Lakeland



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Frequently Asked Questions

What neighborhood is 504 Palencia Place located in?
The 504 Palencia Place is a located in the neighborhood of Southwest Lakeland in Southwest Lakeland, Lakeland.
What is the average sales price for listings in 504 Palencia Place?
The average sales price for units in 504 Palencia Place is $0 currently.

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