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5166 Lake Drive

5166 Lake Drive, Crestview, FL 32539
Property in Crestview
Sold May 17, 2021
$245,000
$250,635 by Broker Solutions Inc
Mortgage Due Jun 01, 2051
Sold Oct 03, 2012
$10,000
Local assessors in Crestview, FL have categorized 5166 Lake Drive as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 7,388 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, 4 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 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 5166 Lake Drive has a total of 1,555 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 attached garage for those who need a place to park their vehicle. The garage on the property is 418 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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 composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a convection heater is the primary heating source and it is being fueled with gas. 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, 5166 Lake Drive was last sold in May 14, 2021 for $245,000. According to our calculations, that's $113.16 per sqft. Prior to that sales transaction, the property was sold for $10,000 in Sep 26, 2012. Current property owners are expected to pay $2,460 in taxes per year. The property on 5166 Lake Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $244,167. To break that down further, the land itself was valued at $7,853. While improvements to the property were assessed at a total of $236,314. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,388
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,165
  • Gross Building Area: 2,165
  • Building Area: 1,555
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Convection
  • Heated Square Feet: 1,555
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORRIS ADD CREST
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MORRIS ADD CRESTVIEW LOTS 19 & 20 BLK 19

Ownership

  • Current Owner : CUTSHALL KEITH ISSAC
  • Previous Owner : WILLIAMS CHRISTOPHER J
  • Previous Owner 2: WILLIAMS LAUREN S
  • Owner Before Previous Owner: JOHNSON WILLIAM S
  • Owner Before Previous Owner 2: JOHNSON JANET F

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 020701

Geography

  • Assessors Map Reference: 15C
  • Parcel: 21-3N-23-1670-0019-0190
  • Block: 19
  • Lot: 19,20
  • Meridian: SEC 21 TWN 03N RNG 23W
  • Municipality: COUNTY
  • Latitude: 30.7486
  • Longitude: -86.5518

    Address

  • Full Address: 5166 Lake Dr S
  • Address - House Number: 5166
  • Street Segment Direction: S
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Crestview
  • Carrier Code: R022
  • 4-Digit Zip Code: 7346
  • Zip Code: 32539

Valuation

    Tax

  • Total Area: 1,843
  • Tax Year: 2023
  • Tax Amount: $2,460
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 315,140
  • High Value: 382,992
  • Low Value: 247,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,635
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: May 17, 2021
  • First Open Lien Mortgage Loan Amount: $250,635
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $244,167
  • Market Land Value: $7,853
  • Market Improvement Value: $236,314

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $244,167
  • Assessed Land Value: $7,853
  • Assessed Improvements Value: $236,314

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11837032977
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3455367
  • Previous Sale Recording Date: Oct 03, 2012
  • Previous Sale Contract Date: Sep 26, 2012
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: May 17, 2021
  • First Mortgage Loan Amount: $250,635
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2051

About Okaloosa



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Frequently Asked Questions

What neighborhood is 5166 Lake Drive located in?
The 5166 Lake Drive is a located in the neighborhood of Crestview in Okaloosa, Crestview.
What is the average sales price for listings in 5166 Lake Drive?
The average sales price for units in 5166 Lake Drive is $0 currently.

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