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5958 Wallace Drive

5958 Wallace Drive, Orlando, FL 32807
Property in Engelwood Park
Sold Apr 12, 2018
$159,900
$151,905 by 1st Financial Inc
Mortgage Due May 01, 2048
Sold Aug 31, 2017
$5,000
5958 Wallace Drive in Orlando, FL was first built in 1982 and is 42 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5958 Wallace Drive has 1,251 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 6,117 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as fair. The exterior walls of the home are made of concrete. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. The property was last sold in Apr 11, 2018 for $159,900. That's $118.44 per sqft. Prior to that sales transaction, the property was also sold in Aug 30, 2017 for $5,000. 5958 Wallace Drive was last assessed in 2023. The total value of the property was assessed at $194,640. Specifically, the land the property is located on was valued at $75,000. While improvements on the property were assessed at a total of $119,640. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,376. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: D
  • Building Style: Duplex
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,117
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,251
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,251
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANDLEWYCK VILLAGE
  • Land Acres: 0.14
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: CANDLEWYCK VILLAGE 10/78 LOT 28B

Ownership

  • Current Owner : PADILLA FELIX
  • Current Owner 2: CASTILLO YOLANDA RIJO
  • Previous Owner : AIG PROPERTIES LLC
  • Owner Before Previous Owner: FRANK ROBERT
  • Owner Before Previous Owner 2: FRANK PATRICIA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5555
  • Census Tract: 013406

Zoning

  • Zoning: R-3A/AN

Geography

  • Assessors Map Reference: 233D
  • Subdivision Tract Number: 1163
  • Parcel: 34-22-30-1163-00-281
  • Lot: 28B
  • Meridian: SEC 34 TWN 22S RNG 30E
  • Municipality: ORLANDO
  • Latitude: 28.5247
  • Longitude: -81.3042

    Address

  • Full Address: 5958 Wallace Dr
  • Address - House Number: 5958
  • Address - Street Name: Wallace
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C008
  • 4-Digit Zip Code: 2961
  • Zip Code: 32807

Valuation

    Tax

  • Total Area: 1,273
  • Tax Year: 2023
  • Tax Amount: $3,376
  • Tax Rate Code Area: 08-ORL

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 276,909
  • High Value: 326,792
  • Low Value: 227,025

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,905
  • First Open Lien Mortgage Lender: 1ST FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Apr 12, 2018
  • First Open Lien Mortgage Loan Amount: $151,905
  • 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, 2048

    Market Valuation

  • Market Total Value: $194,640
  • Market Land Value: $75,000
  • Market Improvement Value: $119,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,640
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $119,640

    Sales

  • Current Sale Contract Date: Apr 11, 2018
  • Current Sale Recording Date: Apr 12, 2018
  • Current Sale Transaction ID: 11448729551
  • Current Sale Price: $159,900
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 20180219551
  • Previous Sale Recording Date: Aug 31, 2017
  • Previous Sale Contract Date: Aug 30, 2017
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST FINANCIAL INC
  • First Mortgage Transaction Date: Apr 12, 2018
  • First Mortgage Loan Amount: $151,905
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

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Frequently Asked Questions

What neighborhood is 5958 Wallace Drive located in?
The 5958 Wallace Drive is a located in the neighborhood of Engelwood Park in Engelwood Park, Orlando.
What is the average sales price for listings in 5958 Wallace Drive?
The average sales price for units in 5958 Wallace Drive is $0 currently.

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