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5138 Indian Ocean Loop

5138 Indian Ocean Loop, Tavares, FL 32778
Local assessors in Tavares, FL have categorized 5138 Indian Ocean Loop as a type of property. The home was built in 2005 and is 21 years old. It was most recently renovated and altered in 2021. The property's lot size has been calculated to be 6,600 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. This is a 100 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5138 Indian Ocean Loop has a total of 1,889 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 for those who need a place to park their vehicle. The garage on the property is 548 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a and a 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 . 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 control joints. The building has a roof that is made of . Lots of were used in the construction of the exterior walls of the home. Residents rely on for their cooling system. The home's is the primary heating source and it is being fueled with . 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, 5138 Indian Ocean Loop sold most recently in Jun 21, 2023 for a total of $287,000. If you work out the math, that's approximately a cost of $117.77 per sqft. Before that, the property was also sold for $210,000 in Feb 6, 2018. 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 $293,125 in taxes each year. 5138 Indian Ocean Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $199,610. 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. 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!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.

Building Features

Pet Policy

Dogs Allowed / Cats Allowed

Parking

Attached Garage

Facilities

Fitness Center

Outdoor Space

Courtyard

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230401
04/01/2023
3 Bed
4 Bath
1889 ft²
$300,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
1889 ft²
$287,000 -4.33%
06/22/2023
Jen McCarty
MARK SPAIN REAL ESTATE


Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 548
  • Parking Space Count: 2
  • Patio Type: 93
  • Porch Type: 84
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 2,437
  • Gross Building Area: 2,668
  • Building Area: 1,889
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,889
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAVARES ROYAL HARBOR PHASE 2 SUB
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: TAVARES ROYAL HARBOR PHASE 2 SUB LOT 302 PB 45 PGS 32-35 ORB 6164 PG 1318

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 031002

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: BK 45 PG 32-35
  • Account Number: 3803665
  • Subdivision Tract Number: 1805
  • Parcel: 13-20-25-1805-000-30200
  • Lot: 302
  • Meridian: SEC 13 TWN 20S RNG 25E
  • Municipality: TAVARES
  • Latitude: 28.7566
  • Longitude: -81.7584

    Address

  • Full Address: 5138 Indian Ocean Loop
  • Address - House Number: 5138
  • Address - Street Name: Indian Ocean
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Tavares
  • Carrier Code: R006
  • 4-Digit Zip Code: 9258
  • Zip Code: 32778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $293,125
  • Tax Rate Code Area: T

    Appraisal Valuation

  • Standard Deviation: 0.0849
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 93
  • Final Value: 360,809
  • High Value: 391,464
  • Low Value: 330,153

    Market Valuation

  • Market Total Value: $268,529
  • Market Land Value: $49,400
  • Market Improvement Value: $219,129

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,610

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Jun 22, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 75009
  • Previous Sale Recording Date: Feb 14, 2018
  • Previous Sale Contract Date: Feb 06, 2018
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Royal Harbor



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Frequently Asked Questions

What neighborhood is 5138 Indian Ocean Loop located in?
The 5138 Indian Ocean Loop is a house located in the neighborhood of Royal Harbor in Royal Harbor, Tavares.
What is the average sales price for listings in 5138 Indian Ocean Loop?
The average sales price for units in 5138 Indian Ocean Loop is $300,000 , or $159/sqft. currently.