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5283 Balmor Terrace

5283 Balmor Terrace, North Port, FL 34288
Sold Jul 08, 2022
$381,000
$304,800 by Truist Bank
Mortgage Due Jul 01, 2052
Sold Mar 25, 2019
$194,900
$191,369 by United Wholesale Mortgage
Mortgage Due Apr 01, 2049
5283 Balmor Terrace in North Port, FL was first built in 2006 and is 18 years old. Although, the building on the property was most recently renovated and altered in 2011. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5283 Balmor Terrace has 1,519 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. In total, the area measurement of the land is 10,000 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of asphalt. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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 B-. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 5283 Balmor Terrace was last sold in Jun 17, 2022 for $381,000. According to our calculations, that's $198.54 per sqft. Prior to that sales transaction, the property was sold for $194,900 in Mar 22, 2019. Current property owners are expected to pay $3,020 in taxes per year. The property on 5283 Balmor Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $189,023. 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. 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!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: 2006
  • Effective Year Built: 2011
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Quality: B-
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Frontage Feet: 10
  • Total Building Area: 1,919
  • Gross Building Area: 2,081
  • Building Area: 1,519
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,519
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PORT CHARLOTTE SUB 51
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 BLK 2529 51ST ADD TO PORT CHARLOTTE

Ownership

  • Current Owner : HIGHCOCK JAMES L
  • Current Owner 2: HIGHCOCK BARBARA J
  • Previous Owner : TAYLOR ZALOV
  • Previous Owner 2: TAYLOR KAITLYN
  • Owner Before Previous Owner: CASTAGNA WILLIAM
  • Owner Before Previous Owner 2: CASTAGNA ARLENE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T05 F093 G071
  • Census Tract: 002742

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 40D
  • Account Number: 1008252930
  • Subdivision Tract Number: 1799
  • Parcel: 1008-25-2930
  • Block: 2529
  • Lot: 30
  • Meridian: SEC 36 TWN 39S RNG 21E
  • Municipality: CITY OF NORTH PORT
  • Latitude: 27.0378
  • Longitude: -82.1691

    Address

  • Full Address: 5283 Balmor Ter
  • Address - House Number: 5283
  • Address - Street Name: Balmor
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: North Port
  • Carrier Code: R049
  • 4-Digit Zip Code: 2395
  • Zip Code: 34288

Valuation

    Tax

  • Total Area: 2,105
  • Tax Year: 2023
  • Tax Amount: $3,020
  • Tax Rate Code Area: 0500

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 366,021
  • High Value: 435,661
  • Low Value: 296,381

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,800
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jul 08, 2022
  • First Open Lien Mortgage Loan Amount: $304,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $275,200
  • Market Land Value: $18,100
  • Market Improvement Value: $257,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $189,023

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Transaction ID: 11891543476
  • Current Sale Price: $381,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 115155
  • Previous Sale Recording Date: Mar 25, 2019
  • Previous Sale Contract Date: Mar 22, 2019
  • Previous Sale Amount: $194,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jul 08, 2022
  • First Mortgage Loan Amount: $304,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Jul 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Mar 25, 2019
  • Previous Mortgage Loan Amount: $191,369
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2049

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Frequently Asked Questions

What neighborhood is 5283 Balmor Terrace located in?
The 5283 Balmor Terrace is a house located in the neighborhood of North Port Charlotte in North Port Charlotte, North Port.
What is the average sales price for listings in 5283 Balmor Terrace?
The average sales price for units in 5283 Balmor Terrace is $0 currently.

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