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5054 Spectacular Bid Drive

5054 Spectacular Bid Drive, Wesley Chapel, FL 33544
Property in Lexington Oaks
Sold Jul 28, 2021
$402,000
$383,150 by Better Mortgage Corporation
Mortgage Due Aug 01, 2051
Sold Oct 30, 2008
$260,000
$208,000 by Nationwide Residential Capital
Mortgage Due Nov 01, 2023
5054 Spectacular Bid Drive has been categorized by the local assessors in Wesley Chapel, FL as a residential type of property. The building on the property was first built in 2001 and is 23 years old. Residents will have access to 3 full bathrooms. There are 3 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, 5054 Spectacular Bid Drive has 3,014 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 10,859 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 636 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 good. 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 B by the local assessor. The building has a gable or hip style roof made of asphalt. 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 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, 5054 Spectacular Bid Drive sold most recently in Jul 6, 2021 for a total of $402,000. If you work out the math, that's approximately a cost of $110.14 per sqft. Before that, the property was also sold for $260,000 in Oct 24, 2008. 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 $7,770 in taxes each year. 5054 Spectacular Bid Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $421,717. If we break it down further, the land itself was valued at $60,617. Improvements to the property, however, were assessed at a total of $361,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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. 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: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 636
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,859
  • Total Building Area: 3,650
  • Gross Building Area: 3,650
  • Building Area: 3,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,014
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEXINGTON OAKS
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEXINGTON OAKS VILLAGES 28 & 29 PB 41 PG 028 BLOCK 27 LOT 29

Ownership

  • Current Owner : CONNELLY JOHN
  • Previous Owner : BERNDT DIANA L
  • Owner Before Previous Owner: VENDRICK HOWARD
  • Owner Before Previous Owner 2: VENDRICK JUDITH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pasco County School District
  • Census Tract: 032011

Zoning

  • Zoning: MPUD

Geography

  • Assessors Map Reference: 42
  • Subdivision Tract Number: 70
  • Parcel: 10-26-19-0070-02700-0290
  • Block: 27
  • Lot: 29
  • Meridian: SEC 10 TWN 26S RNG 19E
  • Municipality: LEXINGTON OAKS COMM DEV DIST
  • Latitude: 28.2313
  • Longitude: -82.3893

    Address

  • Full Address: 5054 Spectacular Bid Dr
  • Address - House Number: 5054
  • Address - Street Name: Spectacular Bid
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Wesley Chapel
  • Carrier Code: R032
  • 4-Digit Zip Code: 5527
  • Zip Code: 33544

Valuation

    Tax

  • Total Area: 3,251
  • Tax Year: 2022
  • Tax Amount: $7,770
  • Tax Rate Code Area: 36LX

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 565,105
  • High Value: 679,208
  • Low Value: 451,001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $383,150
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 28, 2021
  • First Open Lien Mortgage Loan Amount: $383,150
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $421,717
  • Market Land Value: $60,617
  • Market Improvement Value: $361,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $421,717
  • Assessed Land Value: $60,617
  • Assessed Improvements Value: $361,100

    Sales

  • Current Sale Contract Date: Jul 06, 2021
  • Current Sale Recording Date: Jul 28, 2021
  • Current Sale Transaction ID: 11845949473
  • Current Sale Price: $402,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021157891
  • Previous Sale Recording Date: Oct 30, 2008
  • Previous Sale Contract Date: Oct 24, 2008
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jul 28, 2021
  • First Mortgage Loan Amount: $383,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NATIONWIDE RESIDENTIAL CAPITAL
  • Previous Mortgage Transaction Date: Oct 30, 2008
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2023

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Frequently Asked Questions

What neighborhood is 5054 Spectacular Bid Drive located in?
The 5054 Spectacular Bid Drive is a located in the neighborhood of Lexington Oaks in Lexington Oaks, Wesley Chapel.
What is the average sales price for listings in 5054 Spectacular Bid Drive?
The average sales price for units in 5054 Spectacular Bid Drive is $0 currently.

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