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716 Silversmith Circle

716 Silversmith Circle, Lake Mary, FL 32746
Sold May 18, 2021
$370,000
$301,750 by City National Bank Of Florida
Mortgage Due May 01, 2051
Sold Feb 04, 2019
$310,000
$298,917 by Movement Mortgage
Mortgage Due Feb 01, 2049
Local assessors in Lake Mary, FL have categorized 716 Silversmith Circle as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 13,446 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 716 Silversmith Circle has a total of 2,345 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. The building has a cathedral style roof that was made of composition shingle. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 716 Silversmith Circle sold most recently in Apr 23, 2021 for a total of $370,000. If you work out the math, that's approximately a cost of $132.85 per sqft. Before that, the property was also sold for $310,000 in Feb 1, 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 $3,420 in taxes each year. 716 Silversmith Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $268,892. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,446
  • Total Building Area: 2,785
  • Gross Building Area: 2,785
  • Building Area: 2,345
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,345
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER LAKES WEST AT THE CROSSINGS UNIT
  • Land Acres: 0.309
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 46 SILVER LAKES W AT THE CROSSINGS U 1 PB 34 PGS 57 & 58

Ownership

  • Current Owner : OLGER MICHELLE LAUREN
  • Current Owner 2: OLGER ADAM J
  • Previous Owner : MANGOL ERIC PETER THOMAS
  • Previous Owner 2: MANGOL KELLY MEGAN
  • Owner Before Previous Owner: SALMON TIMOTHY
  • Owner Before Previous Owner 2: SALMON MARYANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: COUNTY-TX DIST
  • Census Tract: 020810

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 00885DF7
  • Subdivision Tract Number: 502
  • Parcel: 19-20-30-502-0000-0460
  • Lot: 46
  • Meridian: SEC 19 TWN 20S RNG 30E
  • Municipality: COUNTY-TX DIST 1
  • Latitude: 28.7333
  • Longitude: -81.3579

    Address

  • Full Address: 716 Silversmith Cir
  • Address - House Number: 716
  • Address - Street Name: Silversmith
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Lake Mary
  • Carrier Code: C008
  • 4-Digit Zip Code: 4905
  • Zip Code: 32746

Valuation

    Tax

  • Total Area: 2,809
  • Tax Year: 2023
  • Tax Amount: $3,420
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1485
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 500,162
  • High Value: 574,451
  • Low Value: 425,872

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $341,750
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $301,750
  • 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, 2051
  • Second Open Lien Mortgage Lender: FLORIDA CU
  • Second Open Lien Mortgage Recording Date: Nov 16, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $40,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $378,529
  • Market Land Value: $100,000
  • Market Improvement Value: $278,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,892

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Transaction ID: 11836031060
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021065678
  • Previous Sale Recording Date: Feb 04, 2019
  • Previous Sale Contract Date: Feb 01, 2019
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Mortgage Transaction Date: May 18, 2021
  • First Mortgage Loan Amount: $301,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Feb 04, 2019
  • Previous Mortgage Loan Amount: $298,917
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Feb 01, 2049

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Frequently Asked Questions

What neighborhood is 716 Silversmith Circle located in?
The 716 Silversmith Circle is a located in the neighborhood of Crossings Silver Lakes West in Crossings Silver Lakes West, Lake Mary.
What is the average sales price for listings in 716 Silversmith Circle?
The average sales price for units in 716 Silversmith Circle is $0 currently.

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