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907 Pearly Ridge Lane

907 Pearly Ridge Lane, Lakeland, FL 33809
Property in Lakeland
Sold Mar 05, 2020
$214,700
$195,750 by Finance Of America Commercial
Mortgage Due Oct 08, 2051
Local assessors in Lakeland, FL have categorized 907 Pearly Ridge Lane as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 5,802 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, 3 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 2 full bathrooms. There are also 2 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 907 Pearly Ridge Lane has a total of 1,482 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 404 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of materials that we aren't sure of. Lots of stucco 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. The property was last sold in Mar 3, 2020 for $214,700. That's $113.84 per sqft. 907 Pearly Ridge Lane was last assessed in 2022. The total value of the property was assessed at $189,317. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,266. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 404
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,802
  • Total Building Area: 1,886
  • Gross Building Area: 1,886
  • Building Area: 1,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,482
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BREAKWATER COVE
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BREAKWATER COVE PB 171 PGS 5-6 LOT 72

Ownership

  • Current Owner : SHANKS KELLI JO
  • Current Owner 2: SHANKS DAVID D
  • Previous Owner : CLAYTON PROPERTIES GROUP INC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 012203

Geography

  • Parcel: 23-27-12-000897-000720
  • Lot: 72
  • Meridian: SEC 12 TWN 27S RNG 23E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 28.1473
  • Longitude: -81.9699

    Address

  • Full Address: 907 Pearly Ridge Ln
  • Address - House Number: 907
  • Address - Street Name: Pearly Ridge
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Lakeland
  • Carrier Code: R059
  • 4-Digit Zip Code: 2116
  • Zip Code: 33809

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,266
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.2044
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 338,218
  • High Value: 407,364
  • Low Value: 269,071

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $195,750
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA COMMERCIAL
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $195,750
  • 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: Oct 08, 2051

    Market Valuation

  • Market Total Value: $244,964
  • Market Land Value: $34,000
  • Market Improvement Value: $210,964

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $189,317

    Sales

  • Current Sale Contract Date: Mar 03, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Transaction ID: 11745637895
  • Current Sale Price: $214,700
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020052159

    Last Sale Mortgage

  • First Mortgage Lender: HOME SOLUTION LENDERS INC
  • First Mortgage Transaction Date: Mar 05, 2020
  • First Mortgage Loan Amount: $171,752
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

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Frequently Asked Questions

What neighborhood is 907 Pearly Ridge Lane located in?
The 907 Pearly Ridge Lane is a located in the neighborhood of Lakeland in Polk, Lakeland.
What is the average sales price for listings in 907 Pearly Ridge Lane?
The average sales price for units in 907 Pearly Ridge Lane is $0 currently.

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