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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.
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
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The essentials
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Districts can re-zone, so verify directly with the district before relying on these.
Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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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.
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