2531 Oak Ave, photo 1
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Overview

0 baLand
TypeLand
HOANone listed
Lot38,100 sqft

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About this home

2531 Oak Ave is a home in Woodruffs Sub Frank L, Sanford. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

Multi family zoning but just met with the City Planner and Staff they will possibly allow 3 single family homes once the Six Lots are subdivided to allow for 3 larger lots. Water and sewer available through the City of Sandford. Close to shopping, dining and the famous, perhaps the oldest Dairy Queen in Central Florida and the wonderful downtown Sanford 1st Street. No environmental done, but Seminole County Property Appraises site shows E1 wetlands that will need mitigation to build. City Comp. Plan allows them to change zoning to single family to preserve wetlands according to P&Z

The essentials

On market
951 days
Annual tax
$266
Flood zone
X · Low risk
Lot
38,100 sqft
Type
Land

At a glance

Payment

Est. monthly payment
$708/mo
Down payment (20%)
$24,000
Property taxes
$22/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Land
Year Built
-
Lot
38,100 sqft
Cooling
-
Heating
-
Parking
-
Days on Market
951
Elementary
Pine Crest Elementary
Middle
Millennium Middle
High
Seminole High

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2023)
$266
Parcel #
01-20-30-506-0000-2930

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Woodruffs Sub Frank L
County
Seminole
MLS Area
32773 - Sanford
Lot Size
38,100 sqft

Price history

Date
Event
Price
3/11/2024
Listed for sale
Source: Stellar MLS #O6187776
$120,000

Neighborhood

2531 Oak Ave
Sanford, FL, 32773 · 32773 - Sanford

Calculator

Est. monthly payment
$708/mo
Principal & interest$626
Property taxes$22
Insurance$60
Down payment20% · $24,000
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$120,000

Time on market

951 days

Monthly payment

About $708/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $266 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Have another question?

Brokered byCOLDWELL BANKER REALTYListing agent: Michael KanadyListing data from Stellar MLS, MLS# O6187776.

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