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7401 Penny Lane

7401 Penny Lane, Fort Pierce, FL 34951
Property in Lakewood Park
Sold Dec 29, 2020
$165,000
$156,750 by Bayshore Mortgage Funding Llc
Mortgage Due Jan 01, 2051
7401 Penny Lane has been categorized by the local assessors in Fort Pierce, FL as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as 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, 7401 Penny Lane has 1,270 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 1,300 ft and across the front of the lot is 1,800 ft. The area measurement of the land has been determined as 23,400 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. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 378 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. 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 gable style roof made of materials that we aren't sure of. 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 air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. 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, 7401 Penny Lane was last sold in Dec 23, 2020 for $165,000. According to our calculations, that's $129.92 per sqft. Current property owners are expected to pay $3,508 in taxes per year. The property on 7401 Penny Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $201,880. 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. 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!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

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Garage Square Area: 378
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,400
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 1,270
  • Gross Building Area: 2,253
  • Building Area: 1,270
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,270
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD PARK UNIT 7
  • Land Acres: 0.537
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKEWOOD PARK-UNIT 7- BLK 81 LOTS 16 AND 17 (MAP 13/02N)

Ownership

  • Current Owner : GALLEGOS JUAN ARAALDO
  • Previous Owner : HANSLER LISA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: St. Lucie County School District
  • Census Tract: 381104

Zoning

  • Zoning: RS-4 COUNT

Geography

  • Assessors Map Reference: 13/02N
  • Account Number: 1917
  • Parcel: 1301-607-0295-000-4
  • Block: 81
  • Lot: 16
  • Meridian: SEC 02 TWN 34S RNG 39E
  • Municipality: SAINT LUCIE COUNTY
  • Latitude: 27.5565
  • Longitude: -80.3991

    Address

  • Full Address: 7401 Penny Ln
  • Address - House Number: 7401
  • Address - Street Name: Penny
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Fort Pierce
  • Carrier Code: R045
  • 4-Digit Zip Code: 1143
  • Zip Code: 34951

Valuation

    Tax

  • Total Area: 1,430
  • Tax Year: 2023
  • Tax Amount: $3,508
  • Tax Rate Code Area: 0002

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 291,635
  • High Value: 347,250
  • Low Value: 236,020

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,750
  • First Open Lien Mortgage Lender: BAYSHORE MORTGAGE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Dec 29, 2020
  • First Open Lien Mortgage Loan Amount: $156,750
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $207,300
  • Market Land Value: $108,600
  • Market Improvement Value: $98,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,880

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2020
  • Current Sale Recording Date: Dec 29, 2020
  • Current Sale Transaction ID: 11810149633
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4797510

    Last Sale Mortgage

  • First Mortgage Lender: BAYSHORE MORTGAGE FUNDING LLC
  • First Mortgage Transaction Date: Dec 29, 2020
  • First Mortgage Loan Amount: $156,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 7401 Penny Lane located in?
The 7401 Penny Lane is a located in the neighborhood of Lakewood Park in Lakewood Park, Fort Pierce.
What is the average sales price for listings in 7401 Penny Lane?
The average sales price for units in 7401 Penny Lane is $0 currently.

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