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5501 Solterra Circle

5501 Solterra Circle, Davenport, FL 33837
Property in Oakmont
Sold May 25, 2022
$710,000
$509,250 by Bb Americas Bank
Mortgage Due Jun 01, 2052
Sold Dec 10, 2019
$420,000
$336,000 by Cardinal Financial Company Lp
Mortgage Due Dec 01, 2049
5501 Solterra Circle in Davenport, FL was first built in 2015 and is 9 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 5501 Solterra Circle has 3,404 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 4,800 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof made of tile. For those who need parking, there is a attached garage. The garage is 220 sqft. There is one available parking space. 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 concrete block 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 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. 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, 5501 Solterra Circle was last sold in May 16, 2022 for $710,000. According to our calculations, that's $183.75 per sqft. Prior to that sales transaction, the property was sold for $420,000 in Nov 26, 2019. Current property owners are expected to pay $9,707 in taxes per year. The property on 5501 Solterra Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $400,678. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 4,800
  • Total Building Area: 3,864
  • Gross Building Area: 3,864
  • Building Area: 3,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOLTERRA PHASE 1
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOLTERRA PHASE 1 PB 156 PG 13-14 LOT 44

Ownership

  • Current Owner : SILVA CLAUDIO CEZAR
  • Current Owner 2: SILVA CARMEN LUCIA
  • Previous Owner : TOLENTINO JOAO P
  • Owner Before Previous Owner: BLUE BIRD ASSETS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 012506

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: 701305
  • Parcel: 27-26-10-701305-000440
  • Lot: 44
  • Meridian: SEC 10 TWN 26S RNG 27E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 28.2382
  • Longitude: -81.6018

    Address

  • Full Address: 5501 Solterra Cir
  • Address - House Number: 5501
  • Address - Street Name: Solterra
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Davenport
  • Carrier Code: R095
  • 4-Digit Zip Code: 3141
  • Zip Code: 33837

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,707
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 628,390
  • High Value: 741,842
  • Low Value: 514,937

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $509,250
  • First Open Lien Mortgage Lender: BB AMERICAS BANK
  • First Open Lien Mortgage Recording Date: May 25, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $509,250
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $434,362
  • Market Land Value: $65,000
  • Market Improvement Value: $369,362

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $400,678

    Sales

  • Current Sale Contract Date: May 16, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Transaction ID: 11889342975
  • Current Sale Price: $710,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 143635
  • Previous Sale Recording Date: Dec 10, 2019
  • Previous Sale Contract Date: Nov 26, 2019
  • Previous Sale Amount: $420,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BB AMERICAS BANK
  • First Mortgage Transaction Date: May 25, 2022
  • First Mortgage Loan Amount: $509,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Previous Mortgage Transaction Date: Dec 10, 2019
  • Previous Mortgage Loan Amount: $336,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2049

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Frequently Asked Questions

What neighborhood is 5501 Solterra Circle located in?
The 5501 Solterra Circle is a located in the neighborhood of Oakmont in Oakmont, Davenport.
What is the average sales price for listings in 5501 Solterra Circle?
The average sales price for units in 5501 Solterra Circle is $0 currently.

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