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1025 Happy Lane

1025 Happy Lane, Sebring, FL 33875
Property in Sebring
Sold Sep 20, 2021
$183,700
$143,200 by Rocket Mortgage Llc
Mortgage Due Oct 01, 2051
Sold Mar 18, 2005
$75,800
$68,187 by Indymac Bank Fsb
Mortgage Due Apr 01, 2035
Local assessors in Sebring, FL have categorized 1025 Happy Lane as a residential type of property. The home was built in 1968 and is 56 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 10,623 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 850 ft. 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, 2 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 1025 Happy Lane has a total of 1,155 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 110 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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 gable or hip style roof that was made of materials that we aren't sure of. 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 plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. 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, 1025 Happy Lane sold most recently in Sep 13, 2021 for a total of $183,700. If you work out the math, that's approximately a cost of $145.22 per sqft. Before that, the property was also sold for $75,800 in Feb 15, 2005. 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 $2,123 in taxes each year. 1025 Happy Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $130,552. If we break it down further, the land itself was valued at $12,750. Improvements to the property, however, were assessed at a total of $117,802. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1968
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 110
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,623
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,265
  • Gross Building Area: 1,265
  • Building Area: 1,155
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,155
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE HAVEN EST
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE HAVEN EST SEC 1 PB 7-PG 6 LOT 3 BLK 12

Ownership

  • Current Owner : BROWN LAWRENCE W
  • Current Owner 2: BROWN AIDA
  • Previous Owner : SMITH MAURICE P
  • Previous Owner 2: SMITH ALINA O
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Highlands County School District
  • Census Tract: 961301

Zoning

  • Zoning: R1A

Geography

  • Parcel: C-01-35-28-020-0120-0030
  • Block: 12
  • Lot: 3
  • Meridian: SEC 01 TWN 35S RNG 28E
  • Municipality: COUNTY SOUTHWEST WATER
  • Latitude: 27.4591
  • Longitude: -81.4762

    Address

  • Full Address: 1025 Happy Ln
  • Address - House Number: 1025
  • Address - Street Name: Happy
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Sebring
  • Carrier Code: R010
  • 4-Digit Zip Code: 5210
  • Zip Code: 33875

Valuation

    Tax

  • Total Area: 1,238
  • Tax Year: 2022
  • Tax Amount: $2,123
  • Tax Rate Code Area: 40

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 220,752
  • High Value: 270,642
  • Low Value: 170,861

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $143,200
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $143,200
  • 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 01, 2051

    Market Valuation

  • Market Total Value: $130,552
  • Market Land Value: $12,750
  • Market Improvement Value: $117,802

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $130,552
  • Assessed Land Value: $12,750
  • Assessed Improvements Value: $117,802

    Sales

  • Current Sale Contract Date: Sep 13, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11856690697
  • Current Sale Price: $183,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2054339
  • Previous Sale Recording Date: Mar 18, 2005
  • Previous Sale Contract Date: Feb 15, 2005
  • Previous Sale Amount: $75,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $143,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Mar 18, 2005
  • Previous Mortgage Loan Amount: $68,187
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Highlands



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Frequently Asked Questions

What neighborhood is 1025 Happy Lane located in?
The 1025 Happy Lane is a located in the neighborhood of Sebring in Highlands, Sebring.
What is the average sales price for listings in 1025 Happy Lane?
The average sales price for units in 1025 Happy Lane is $0 currently.

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