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555 Lake Otis Drive

555 Lake Otis Drive, Winter Haven, FL 33880
Property in Otis Heights
Sold Jan 14, 2015
$139,000
$160,000 by Dale W Schaal Etal
Mortgage Due Dec 08, 2044
Sold Nov 18, 2013
$101,000
Local assessors in Winter Haven, FL have categorized 555 Lake Otis Drive as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 13,665 square feet. The linear feet between the front and back of the lot was measured at 970 ft and the front of the lot was measured at 1,470 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. 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, 3 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 555 Lake Otis Drive has a total of 1,908 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 506 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. 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. 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 style roof that was made of materials that we aren't sure of. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 555 Lake Otis Drive was last sold in Dec 8, 2014 for $139,000. According to our calculations, that's $57.58 per sqft. Prior to that sales transaction, the property was sold for $101,000 in Oct 30, 2013. Current property owners are expected to pay $1,618 in taxes per year. The property on 555 Lake Otis Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $126,136. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,665
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 1,470
  • Total Building Area: 2,414
  • Gross Building Area: 2,414
  • Building Area: 1,908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,908
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OTIS HEIGHTS SUBDIVISION
  • Land Acres: 0.314
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OTIS HEIGHTS SUB PB 14 PG 28 BLK 1 LOT 37

Ownership

  • Current Owner : HELMS LARRY GENE
  • Current Owner 2: HELMS NATALIE MARIE SCHAAL
  • Previous Owner : SCHAAL DALE W
  • Previous Owner 2: SCHAAL MARY E
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 013902

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 596000
  • Parcel: 26-28-28-596000-001370
  • Block: 1
  • Lot: 37
  • Meridian: SEC 28 TWN 28S RNG 26E
  • Municipality: WINTER HAVEN/SWFWMD/LAKE REGIO
  • Latitude: 28.0161
  • Longitude: -81.7152

    Address

  • Full Address: 555 Lake Otis Dr Se
  • Address - House Number: 555
  • Street Segment Direction: SE
  • Address - Street Name: Lake Otis
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Winter Haven
  • Carrier Code: C037
  • 4-Digit Zip Code: 3557
  • Zip Code: 33880

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,618
  • Tax Rate Code Area: 92410

    Appraisal Valuation

  • Standard Deviation: 0.1919
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 353,212
  • High Value: 421,021
  • Low Value: 285,403

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: DALE W SCHAAL ETAL
  • First Open Lien Mortgage Recording Date: Jan 14, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Dec 08, 2044
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $241,924
  • Market Land Value: $20,000
  • Market Improvement Value: $221,924

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $126,136

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 08, 2014
  • Current Sale Recording Date: Jan 14, 2015
  • Current Sale Transaction ID: 1070014587
  • Current Sale Price: $139,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015007807
  • Previous Sale Recording Date: Nov 18, 2013
  • Previous Sale Contract Date: Oct 30, 2013
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DALE W SCHAAL ETAL
  • First Mortgage Transaction Date: Jan 14, 2015
  • First Mortgage Loan Amount: $160,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Dec 08, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 555 Lake Otis Drive located in?
The 555 Lake Otis Drive is a located in the neighborhood of Otis Heights in Otis Heights, Winter Haven.
What is the average sales price for listings in 555 Lake Otis Drive?
The average sales price for units in 555 Lake Otis Drive is $0 currently.

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