Check Availability

540 Prado Place

540 Prado Place, Lakeland, FL 33803
Sold Sep 24, 2013
$157,000
$141,000 by Midflorida Cu
Mortgage Due Oct 01, 2028
Sold Dec 29, 2011
$120,000
$116,958 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2042
540 Prado Place in Lakeland, FL was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. 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 are a total of 2 full bathrooms. There are 2 partial bathrooms. 540 Prado Place has 2,004 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 1,000 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 13,700 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of materials that we aren't sure of. For those who need parking, there is a carport. The garage is 566 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. 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, 540 Prado Place was last sold in Sep 12, 2013 for $157,000. According to our calculations, that's $78.34 per sqft. Prior to that sales transaction, the property was sold for $120,000 in Dec 16, 2011. Current property owners are expected to pay $1,542 in taxes per year. The property on 540 Prado Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $126,427. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 566
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,700
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,004
  • Gross Building Area: 2,004
  • Building Area: 2,004
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,004
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALMOREY SUBDIVISION
  • Land Acres: 0.315
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALMOREY SUB PB 8 PG 47 BLK C LOTS 11 & 12

Ownership

  • Current Owner : FRANKLIN KENNETH
  • Current Owner 2: FRANKLIN MEAGAN
  • Previous Owner : WILSON DANIEL
  • Previous Owner 2: WILSON JESSICA
  • Owner Before Previous Owner: MCDONOUGH SHAWN C
  • Owner Before Previous Owner 2: CHANDLER MCDONOUGH DEANA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RA3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 138500
  • Parcel: 23-28-36-138500-003110
  • Block: C
  • Lot: 11,12
  • Meridian: SEC 36 TWN 28S RNG 23E
  • Municipality: LAKELAND/SWFWMD/LKLD MASS
  • Latitude: 28.0106
  • Longitude: -81.9625

    Address

  • Full Address: 540 Prado Pl
  • Address - House Number: 540
  • Address - Street Name: Prado
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Lakeland
  • Carrier Code: C071
  • 4-Digit Zip Code: 3957
  • Zip Code: 33803

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,542
  • Tax Rate Code Area: 91510

    Appraisal Valuation

  • Standard Deviation: 0.2508
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 64
  • Final Value: 398,203
  • High Value: 498,078
  • Low Value: 298,327

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $141,000
  • First Open Lien Mortgage Lender: MIDFLORIDA CU
  • First Open Lien Mortgage Recording Date: Sep 24, 2013
  • First Open Lien Mortgage Loan Amount: $141,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2028

    Market Valuation

  • Market Total Value: $218,899
  • Market Land Value: $27,040
  • Market Improvement Value: $191,859

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $126,427

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 12, 2013
  • Current Sale Recording Date: Sep 24, 2013
  • Current Sale Transaction ID: 1064374374
  • Current Sale Price: $157,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013177061
  • Previous Sale Recording Date: Dec 29, 2011
  • Previous Sale Contract Date: Dec 16, 2011
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDFLORIDA CU
  • First Mortgage Transaction Date: Sep 24, 2013
  • First Mortgage Loan Amount: $141,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 29, 2011
  • Previous Mortgage Loan Amount: $116,958
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2042

About Southwest Lakeland



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 830 W Beacon Road, LAKELAND, FL, 33803

$1,225 /mo

  • 1 Bed
  • 1 Bath
  • 630 ft²
830 W Beacon Road #1, LAKELAND, FL, 33803 Listing by Christopher Rivera Alamo

Frequently Asked Questions

What neighborhood is 540 Prado Place located in?
The 540 Prado Place is a located in the neighborhood of Southwest Lakeland in Southwest Lakeland, Lakeland.
What is the average sales price for listings in 540 Prado Place?
The average sales price for units in 540 Prado Place is $0 currently.

Quantcast