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701 South Myrtle Avenue

701 South Myrtle Avenue, Sanford, FL 32771
Property in Sanford
Sold Jul 12, 1993
$55,000
$77,400 by Small Business Admin
Mortgage
Sold Nov 01, 1989
$50,000
701 South Myrtle Avenue has been categorized by the local assessors in Sanford, FL as a residential type of property. The building on the property was first built in 1908 and is 116 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 701 South Myrtle Avenue has 1,516 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 216 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,170 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,850 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of plaster. 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 central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 701 South Myrtle Avenue sold most recently in Jul 7, 1993 for a total of $55,000. If you work out the math, that's approximately a cost of $36.28 per sqft. Before that, the property was also sold for $50,000 in Nov 1, 1989. 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 $556 in taxes each year. 701 South Myrtle Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $70,836. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1908
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 216
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,850
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,516
  • Gross Building Area: 1,516
  • Building Area: 1,516
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,516
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANFORD TOWN OF
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLK 9 TR 5 TOWN OF SANFORD PB 1 PG 59

Ownership

  • Current Owner : RIVERA CELESTE J
  • Previous Owner : BECK THOMAS R
  • Previous Owner 2: CASSELS ROBERT H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: SANFORD
  • Census Tract: 020102

Zoning

  • Zoning: SR1

Geography

  • Assessors Map Reference: 0088CCAE
  • Subdivision Tract Number: 5
  • Parcel: 25-19-30-5AG-0905-0060
  • Block: 9
  • Lot: 6
  • Meridian: SEC 25 TWN 19S RNG 30E
  • Municipality: SANFORD
  • Latitude: 28.8061
  • Longitude: -81.2698

    Address

  • Full Address: 701 S Myrtle Ave
  • Address - House Number: 701
  • Street Direction: S
  • Address - Street Name: Myrtle
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Sanford
  • Carrier Code: C011
  • 4-Digit Zip Code: 2522
  • Zip Code: 32771

Valuation

    Tax

  • Total Area: 1,880
  • Tax Year: 2023
  • Tax Amount: $556
  • Tax Rate Code Area: S1

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 344,367
  • High Value: 390,097
  • Low Value: 298,636

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,400
  • First Open Lien Mortgage Lender: SMALL BUSINESS ADMIN
  • First Open Lien Mortgage Recording Date: Jul 12, 1993
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $77,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: SBA Participation Trust Deed

    Market Valuation

  • Market Total Value: $240,597
  • Market Land Value: $97,500
  • Market Improvement Value: $143,097

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,836

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 1993
  • Current Sale Recording Date: Jul 12, 1993
  • Current Sale Transaction ID: 11453847232
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 01, 1989
  • Previous Sale Contract Date: Nov 01, 1989
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SMALL BUSINESS ADMIN
  • First Mortgage Transaction Date: Jul 12, 1993
  • First Mortgage Loan Amount: $77,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: SBA Participation Trust Deed

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 701 South Myrtle Avenue located in?
The 701 South Myrtle Avenue is a located in the neighborhood of Sanford in Sanford, Sanford.
What is the average sales price for listings in 701 South Myrtle Avenue?
The average sales price for units in 701 South Myrtle Avenue is $0 currently.

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