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714 Cypress Avenue

714 Cypress Avenue, Sanford, FL 32771
Multifamily in Sanford
Sold Jul 27, 2021
$190,000
$157,500 by Bpl Mortgage Trst Llc
Mortgage Due Nov 01, 2051
Sold Oct 18, 2019
$96,900
714 Cypress 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 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 6 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, 714 Cypress Avenue has 1,698 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 1,170 ft and across the front of the lot is 330 ft. The area measurement of the land has been determined as 3,861 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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. 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 asbestos. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of wood. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a heating 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, 714 Cypress Avenue sold most recently in Jul 14, 2021 for a total of $190,000. If you work out the math, that's approximately a cost of $111.90 per sqft. Before that, the property was also sold for $96,900 in Sep 5, 2019. 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 $2,657 in taxes each year. The initial year of tax delinquency occurred in 2021. 714 Cypress Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $148,206. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asbestos
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,861
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,698
  • Gross Building Area: 1,698
  • Building Area: 1,698
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,698
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANFORD TOWN OF
  • Land Acres: 0.089
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: S 1/2 OF LOT 3 BLK 9 TR A TOWN OF SANFORD PB 1 PG 56

Ownership

  • Current Owner : JX INVESTMENT GROUP LLC
  • Previous Owner : LGH HOLDINGS LLC
  • Owner Before Previous Owner: HIGHPOINT HOLDINGS GROUP LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: MR3

Geography

  • Assessors Map Reference: 0088CCC4
  • Subdivision Tract Number: A
  • Parcel: 25-19-30-5AG-090A-003A
  • Block: 9
  • Lot: 3
  • Meridian: SEC 25 TWN 19S RNG 30E
  • Municipality: SANFORD
  • Latitude: 28.8057
  • Longitude: -81.2641

    Address

  • Full Address: 714 Cypress Ave
  • Address - House Number: 714
  • Address - Street Name: Cypress
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Sanford
  • Carrier Code: C004
  • 4-Digit Zip Code: 2658
  • Zip Code: 32771

Valuation

    Tax

  • Total Area: 2,072
  • Tax Year: 2023
  • Tax Amount: $2,657
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: S1

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 174,996
  • High Value: 251,438
  • Low Value: 98,553

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,500
  • First Open Lien Mortgage Lender: BPL MORTGAGE TRST LLC
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $157,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $152,865
  • Market Land Value: $44,936
  • Market Improvement Value: $107,929

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,206

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11845805454
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021099144
  • Previous Sale Recording Date: Oct 18, 2019
  • Previous Sale Contract Date: Sep 05, 2019
  • Previous Sale Amount: $96,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPITAL FUNDINGS LLC
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $139,920
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 01, 2022

About Sanford



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1200 S Oak Avenue, SANFORD, FL, 32771 Listing by Caroline Van Den Berg

Frequently Asked Questions

What neighborhood is 714 Cypress Avenue located in?
The 714 Cypress Avenue is a multifamily located in the neighborhood of Sanford in Sanford, Sanford.
What is the average sales price for listings in 714 Cypress Avenue?
The average sales price for units in 714 Cypress Avenue is $0 currently.

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