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7116 Forty Banks Road

7116 Forty Banks Road, Saint Cloud, FL 34773
Sold Jan 25, 2023
$235,000
$232,874 by Clearpath Lending
Mortgage Due Feb 01, 2053
Sold Jun 16, 2020
$145,000
$140,160 by Northpoint Mortgage Inc
Mortgage Due Jul 01, 2050
7116 Forty Banks Road has been categorized by the local assessors in Saint Cloud, FL as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7116 Forty Banks Road has 1,316 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,655 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 233 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. 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 or hip style roof made of composition shingle. 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 a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. 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, 7116 Forty Banks Road was last sold in Jan 25, 2023 for $235,000. According to our calculations, that's $151.71 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Jun 15, 2020. Current property owners are expected to pay $3,029 in taxes per year. The property on 7116 Forty Banks Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $130,089. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Block Exterior

Parking

Street Parking
Attached Garage
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Condo
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 233
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,655
  • Total Building Area: 1,549
  • Gross Building Area: 1,549
  • Building Area: 1,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,316
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASHLEY PARK AT HARMONY CONDO
  • Land Acres: 0.038
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ASHLEY PARK AT HARMONY CONDOMINIUM CB 8 PG 149-165 OR 3074/2713 UNIT 40A

Ownership

  • Current Owner : HAINLEN ROBERT LYNN
  • Previous Owner : DENAULT ERIC R
  • Previous Owner 2: DENAULT JENIFFER M
  • Owner Before Previous Owner: ARDEN MATTHEW
  • Owner Before Previous Owner 2: ARDEN KATHRYN KEITH

Neighborhood

  • School District Name: Osceola County School District
  • Census Tract: 043801

Geography

  • Assessors Map Reference: PB 8 PG 149-165
  • Subdivision Tract Number: 2569
  • Parcel: 30-26-32-2569-0001-040A
  • Block: 40A
  • Lot: 40A
  • Meridian: SEC 30 TWN 26S RNG 32E
  • Municipality: OSCEOLA COUNTY
  • Latitude: 28.1912
  • Longitude: -81.1508

    Address

  • Full Address: 7116 Forty Banks Rd
  • Legal Unit: 40
  • Address - House Number: 7116
  • Address - Street Name: Forty Banks
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Harmony
  • Carrier Code: H004
  • 4-Digit Zip Code: 6066
  • Zip Code: 34773

Valuation

    Tax

  • Total Area: 1,549
  • Tax Year: 2022
  • Tax Amount: $3,029
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1477
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 231,540
  • High Value: 265,757
  • Low Value: 197,322

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,874
  • First Open Lien Mortgage Lender: CLEARPATH LENDING
  • First Open Lien Mortgage Recording Date: Jan 25, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $232,874
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $135,600
  • Market Improvement Value: $135,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $130,089

    Sales

  • Current Sale Contract Date: Jan 25, 2023
  • Current Sale Recording Date: Jan 25, 2023
  • Current Sale Transaction ID: 11901539889
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9701
  • Previous Sale Recording Date: Jun 16, 2020
  • Previous Sale Contract Date: Jun 15, 2020
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CLEARPATH LENDING
  • First Mortgage Transaction Date: Jan 25, 2023
  • First Mortgage Loan Amount: $232,874
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NORTHPOINT MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 16, 2020
  • Previous Mortgage Loan Amount: $140,160
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Harmony



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Frequently Asked Questions

What neighborhood is 7116 Forty Banks Road located in?
The 7116 Forty Banks Road is a located in the neighborhood of Ashley Park Harmony in Harmony, Saint Cloud.
What is the average sales price for listings in 7116 Forty Banks Road?
The average sales price for units in 7116 Forty Banks Road is $0 currently.

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