640 Pine Ave, Oviedo
Seminole County Real Estate - Oviedo
Oviedo is in East Central Florida. It's population as recorded in the 2010 Census was 33,342. Oviedo is approximately 14 miles from Orlando (population 238,300) and around 16 miles from Deltona (population 85,182).
The median age for residents of Oviedo is 35.3. Around 46.7% of Oviedo households include school aged children and 15.5% of households include individuals aged 65 years or over. Census records indicate 81.8% of the Oviedo population are White, 8.6% are Black or African American, .2% American Indian, 3.7% Asian and 2.7% are Two or more Races.
There are 11,720 housing units in Oviedo. 595 (5%) of these were reported as vacant in the 2010 Census. There are 2,436 residential rental units in Oviedo. 2,281 of them were occupied in 2010 providing a residential rental vacancy rate of 6%.
Oviedo links:
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Seminole County
Seminole County is located in the East Central Florida region, along with Brevard, Orange, Volusia, Sumter, Lake, and Osceola County. Cities in Seminole County include Altamonte Springs, Casselberry, Lake Mary, Longwood, Oviedo, Sanford, and Winter Springs. Seminole County?s population is over 420,000 despite being one of the geographically smallest counties in Florida.
Seminole County's major industries include agri-technology, aviation & aerospace, clean technology, and information technology. Top public sector employers in Seminole County are Seminole County Public Schools, Seminole State College of Florida, Seminole County Government, and Seminole County Sheriff Department. The largest private sector employers are Convergys, Florida Hospital, Chase Bankcard Services, Orlando Regional Healthcare, and American Automobile Association.
Known as the Historic Waterfront Gateway City because of its location at the confluence of Lake Monroe and the St. Johns River, Sanford is the seat of Seminole County. Historically a transportation hub for the production of nearby agriculture, Sanford was once known as "Celery City". Home to over 50,000, the city's economy is driven by the service industries and construction. The city's waterfront marinas are still home to commercial craft, but they also host plenty of recreational boats.
AAA (American Automobile Association) is headquartered in the unincorporated Seminole County community of Heathrow.
Neighboring Properties
| Address | Type | Sq Ft | Class | |
|---|---|---|---|---|
| 600 N Pine Ave | Single Family | 2,065 | C |
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| 644 N Pine Ave | Single Family | 2,723 | C |
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| 1002 Lingo Cir | Single Family | 2,168 | C |
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| 692 Kelley Green St | Single Family | 2,178 | C |
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| 1004 Lingo Cir | Single Family | 3,517 | C |
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| 1000 Lingo Cir | Single Family | 2,863 | B |
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| 1054 Willa Lake Cir | Single Family | 2,045 | C |
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| 650 Pine Ave | Single Family | 2,097 | C |
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| 656 Pine Ave | Single Family | 2,172 | C |
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| 678 Kelly Green St | Single Family | 2,047 | C |
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| 1056 Willa Lake Cir | Single Family | 2,082 | C |
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| 654 Pine Ave | Single Family | 4,146 | C |
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| 1020 Lingo Cir | Single Family | 2,048 | C |
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| 675 Kelly Green St | Single Family | 2,134 | C |
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| 650 Kelley Green St | Single Family | 2,243 | C |
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| 1053 Willa Lake Cir | Single Family | 1,826 | C |
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Local Household Income
The median household income in this part of Florida is $70,342. The bottom 10% of the population earn less than $22,794 per year. The top 10% earn more than $160,394 per year. The top 1% earn more than $421,659 per year. Most renters earn between $33,264 (20th percentile) and $54,444 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $140,684 and $175,855.
The tax assessed value of this property places it in percentile 86 of all properties in this area. This suggests it would appeal to someone earning around $142,630 per year who should qualify for a mortgage between $285,260 and $356,575.
Source: US Census American Community Survey - 2008-2012 ACS 5-year PUMS estimates
Local Rents
The median monthly rent in this part of Florida is $1,025. Most renters earn between $2,772 and $4,537 per month. They typically spend 32% of their monthly income on rent. Most rents fall in the $782 (20th percentile) to $1,362 (80th percentile) range. The residential vacancy rate is 5%.
This property falls in percentile 86 of all properties in this area. This corresponds to a rent of $1,469 per month and a monthly household income of $5,076 ($60,912 per year)