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550 Preston Road

550 Preston Road, Longwood, FL 32750
Property in Devonshire
Sold May 19, 2021
$395,000
$375,250 by Bank Of England
Mortgage Due May 01, 2051
Sold Oct 13, 2015
$235,000
$223,485 by Fbc Mortgage Llc
Mortgage Due Nov 01, 2045
Local assessors in Longwood, FL have categorized 550 Preston Road as a residential type of property. The home was built in 1972 and is 52 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 16,287 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 550 Preston Road has a total of 2,256 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 514 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 unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 masonry control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of concrete block 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 central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 550 Preston Road sold most recently in Apr 30, 2021 for a total of $395,000. If you work out the math, that's approximately a cost of $142.60 per sqft. Before that, the property was also sold for $235,000 in Oct 2, 2015. 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 $4,967 in taxes each year. 550 Preston Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $353,321. 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. 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.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

Exterior

Block Exterior
Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • 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: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 514
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,287
  • Total Building Area: 2,770
  • Gross Building Area: 2,770
  • Building Area: 2,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,256
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DEVONSHIRE
  • Land Acres: 0.374
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 111 DEVONSHIRE PB 17 PG 19

Ownership

  • Current Owner : HORVATH KELLY MARIE
  • Previous Owner : CLUCK MICHAEL J
  • Previous Owner 2: HUNTER CLUCK SARAH
  • Owner Before Previous Owner: MANCUSO MICHAEL L
  • Owner Before Previous Owner 2: MANCUSO GLORIA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: LONGWOOD
  • Census Tract: 021505

Zoning

  • Zoning: LDR

Geography

  • Assessors Map Reference: 0089791F
  • Subdivision Tract Number: 506
  • Parcel: 36-20-29-506-0000-1110
  • Lot: 111
  • Meridian: SEC 36 TWN 20S RNG 29E
  • Municipality: LONGWOOD
  • Latitude: 28.7053
  • Longitude: -81.3635

    Address

  • Full Address: 550 Preston Rd
  • Address - House Number: 550
  • Address - Street Name: Preston
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Longwood
  • Carrier Code: C020
  • 4-Digit Zip Code: 3946
  • Zip Code: 32750

Valuation

    Tax

  • Total Area: 2,794
  • Tax Year: 2023
  • Tax Amount: $4,967
  • Tax Rate Code Area: L1

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 81
  • Final Value: 493,187
  • High Value: 567,535
  • Low Value: 418,838

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $425,250
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: May 19, 2021
  • First Open Lien Mortgage Loan Amount: $375,250
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Dec 15, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2044

    Market Valuation

  • Market Total Value: $375,405
  • Market Land Value: $70,000
  • Market Improvement Value: $305,405

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $353,321

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 19, 2021
  • Current Sale Transaction ID: 11836031125
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021066287
  • Previous Sale Recording Date: Oct 13, 2015
  • Previous Sale Contract Date: Oct 02, 2015
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: May 19, 2021
  • First Mortgage Loan Amount: $375,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FBC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Oct 13, 2015
  • Previous Mortgage Loan Amount: $223,485
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Devonshire



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Frequently Asked Questions

What neighborhood is 550 Preston Road located in?
The 550 Preston Road is a located in the neighborhood of Devonshire in Devonshire, Longwood.
What is the average sales price for listings in 550 Preston Road?
The average sales price for units in 550 Preston Road is $0 currently.

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