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5619 Water Oak Lane

5619 Water Oak Lane, Mulberry, FL 33860
Property in Water Oak
Sold Feb 15, 2021
$179,000
$143,200 by Affiliated Bank
Mortgage Due Mar 01, 2051
Sold Jul 01, 2016
Transfer
Local assessors in Mulberry, FL have categorized 5619 Water Oak Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 4,861 square feet. 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, 2 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 5619 Water Oak Lane has a total of 1,368 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 400 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. 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 hip 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 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. 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, 5619 Water Oak Lane sold most recently in Feb 8, 2021 for a total of $179,000. If you work out the math, that's approximately a cost of $101.24 per sqft. 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 $3,108 in taxes each year. 5619 Water Oak Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $199,000. If we break it down further, the land itself was valued at $100. Improvements to the property, however, were assessed at a total of $198,900. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 2
  • 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: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,861
  • Total Building Area: 1,768
  • Gross Building Area: 1,768
  • Building Area: 1,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATER OAK
  • Land Acres: 0.112
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: WATER OAK PB 105 PG 7 LOT 10

Ownership

  • Current Owner : OSTER EDWIN J
  • Current Owner 2: OSTER NANCY
  • Previous Owner : FRANKENBURGER WILLIAM M
  • Previous Owner 2: FRANKENBURGER WILLIAM M
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 014906

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 141962
  • Parcel: 23-29-26-141962-000100
  • Lot: 10
  • Meridian: SEC 26 TWN 29S RNG 23E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 27.9372
  • Longitude: -81.9818

    Address

  • Full Address: 5619 Water Oak Ln
  • Address - House Number: 5619
  • Address - Street Name: Water Oak
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Mulberry
  • Carrier Code: R012
  • 4-Digit Zip Code: 7625
  • Zip Code: 33860

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,108
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 283,298
  • High Value: 345,553
  • Low Value: 221,043

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,200
  • First Open Lien Mortgage Lender: AFFILIATED BANK
  • First Open Lien Mortgage Recording Date: Feb 15, 2021
  • First Open Lien Mortgage Loan Amount: $143,200
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $199,000
  • Market Land Value: $100
  • Market Improvement Value: $198,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $199,000
  • Assessed Land Value: $100
  • Assessed Improvements Value: $198,900

    Sales

  • Current Sale Contract Date: Feb 08, 2021
  • Current Sale Recording Date: Feb 15, 2021
  • Current Sale Transaction ID: 11818347077
  • Current Sale Price: $179,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021038048
  • Previous Sale Recording Date: Jul 01, 2016
  • Previous Sale Contract Date: Jul 01, 2016
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AFFILIATED BANK
  • First Mortgage Transaction Date: Feb 15, 2021
  • First Mortgage Loan Amount: $143,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

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Frequently Asked Questions

What neighborhood is 5619 Water Oak Lane located in?
The 5619 Water Oak Lane is a located in the neighborhood of Water Oak in Imperial Lakes, Mulberry.
What is the average sales price for listings in 5619 Water Oak Lane?
The average sales price for units in 5619 Water Oak Lane is $0 currently.

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