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701 Lake Drive

701 Lake Drive, Sebastian, FL 32958
Property in Vero Beach
Sold Sep 09, 1996
$152,000
$121,600 by Regent Bk
Mortgage
701 Lake Drive has been categorized by the local assessors in Sebastian, FL as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 701 Lake Drive has 2,106 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 1,250 ft and across the front of the lot is 1,295 ft. The area measurement of the land has been determined as 38,768 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom 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 attached garage for those who require parking. The garage measured 506 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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 masonry 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 hip style roof made of metal. The exterior walls of the building are made of concrete block. 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. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 29, 1996 for $152,000. That's $58.19 per sqft. 701 Lake Drive was last assessed in 2022. The total value of the property was assessed at $180,753. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,491. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 38,768
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,295
  • Total Building Area: 2,612
  • Gross Building Area: 2,612
  • Building Area: 2,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NULL
  • Land Acres: 0.89
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REPLAT OF SEB HIGHLANDS UNIT 2 PG 2FROM SE COR OF LOT 4 BLK 92 REPLAT OF PORTIONS OF SEBASTIAN HIGHLANDS UNIT 2 PG 2 PBI 6-87A, TH N 00 DEG 13 MIN 30SEC E 125.40 FT TO POB; FROM SAID POB CONT N 00 DEG 13 MIN 30 SEC E 126 FT TO S R/W OF LAKE DR, TH S

Ownership

  • Current Owner : STURSBERG JOSEPH GLENN
  • Current Owner 2: STURSBERG LINDA D
  • Previous Owner : MORRIS ALAN
  • Previous Owner 2: MORRIS JUDY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050807

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-38-12-00000-5000-00001.2
  • Block: 92
  • Lot: 4
  • Meridian: SEC 12 TWN 31S RNG 38E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.7997
  • Longitude: -80.4915

    Address

  • Full Address: 701 Lake Dr
  • Legal Unit: 2
  • Address - House Number: 701
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R001
  • 4-Digit Zip Code: 4235
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 2,484
  • Tax Year: 2022
  • Tax Amount: $2,491
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 521,264
  • High Value: 619,432
  • Low Value: 423,096

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $196,600
  • First Open Lien Mortgage Lender: REGENT BK
  • First Open Lien Mortgage Recording Date: Sep 09, 1996
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $121,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: PNC BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 03, 2015
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $75,000
  • Second Open Lien Mortgage Term: 478
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 27, 2055

    Market Valuation

  • Market Total Value: $358,909
  • Market Land Value: $102,813
  • Market Improvement Value: $256,096

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $180,753

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 1996
  • Current Sale Recording Date: Sep 09, 1996
  • Current Sale Transaction ID: 1102276705
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGENT BK
  • First Mortgage Transaction Date: Sep 09, 1996
  • First Mortgage Loan Amount: $121,600

    Financing

  • First Mortgage Financing Type: Variable

About Sebastian



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Frequently Asked Questions

What neighborhood is 701 Lake Drive located in?
The 701 Lake Drive is a located in the neighborhood of Vero Beach in Sebastian, Sebastian.
What is the average sales price for listings in 701 Lake Drive?
The average sales price for units in 701 Lake Drive is $0 currently.

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