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5601 Lorraine Street

5601 Lorraine Street, Lakeland, FL 33810
Property in Gibsonia
Sold Oct 03, 2022
$240,000
$203,500 by Mortgage Firm Inc
Mortgage Due Oct 01, 2052
Sold Jun 20, 2012
$64,000
$62,840 by Sunbelt Lending Services Inc
Mortgage Due Jul 01, 2042
5601 Lorraine Street has been categorized by the local assessors in Lakeland, FL as a residential type of property. The building on the property was first built in 1983 and is 41 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5601 Lorraine Street has 1,124 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 14,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 200 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of materials that we aren't sure of. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. 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, 5601 Lorraine Street was last sold in Sep 27, 2022 for $240,000. According to our calculations, that's $213.52 per sqft. Prior to that sales transaction, the property was sold for $64,000 in Jun 8, 2012. Current property owners are expected to pay $0 in taxes per year. The property on 5601 Lorraine Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $65,865. 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: 1983
  • Effective Year Built: 1983
  • 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: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,124
  • Gross Building Area: 1,124
  • Building Area: 1,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,124
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CATALOMA ACRES
  • Land Acres: 0.321
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N 100 FT OF E1/2 OF SE1/4 OF SW1/4 OF SE1/4 LESS E 165 FT THEREOF & LESS RD R/W

Ownership

  • Current Owner : BRIDGES CASSIE LYNN
  • Current Owner 2: BRIDGES SHAUN RICHARD
  • Previous Owner : CARDEN WILLIAM KEEVER
  • Owner Before Previous Owner: CARVER ELZADA MARIE
  • Owner Before Previous Owner 2: EZADA MARIE CARVER REVOCABLE L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 012113

Zoning

  • Zoning: RC

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 000000
  • Parcel: 23-27-23-000000-024390
  • Meridian: SEC 23 TWN 27S RNG 23E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 28.1151
  • Longitude: -81.9786

    Address

  • Full Address: 5601 Lorraine St
  • Address - House Number: 5601
  • Address - Street Name: Lorraine
  • Address - Suffix Type: St
  • State: FL
  • City Name: Lakeland
  • Carrier Code: R034
  • 4-Digit Zip Code: 4527
  • Zip Code: 33810

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.2073
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 250,429
  • High Value: 302,353
  • Low Value: 198,504

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,500
  • First Open Lien Mortgage Lender: MORTGAGE FIRM INC
  • First Open Lien Mortgage Recording Date: Oct 03, 2022
  • First Open Lien Mortgage Loan Amount: $203,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $162,444
  • Market Land Value: $24,150
  • Market Improvement Value: $138,294

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,865

    Sales

  • Current Sale Contract Date: Sep 27, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Transaction ID: 11896914028
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 262160
  • Previous Sale Recording Date: Jun 20, 2012
  • Previous Sale Contract Date: Jun 08, 2012
  • Previous Sale Amount: $64,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE FIRM INC
  • First Mortgage Transaction Date: Oct 03, 2022
  • First Mortgage Loan Amount: $203,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SUNBELT LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Jun 20, 2012
  • Previous Mortgage Loan Amount: $62,840
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About Gibsonia



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Frequently Asked Questions

What neighborhood is 5601 Lorraine Street located in?
The 5601 Lorraine Street is a located in the neighborhood of Gibsonia in Gibsonia, Lakeland.
What is the average sales price for listings in 5601 Lorraine Street?
The average sales price for units in 5601 Lorraine Street is $0 currently.

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