1031 Vihlen Rd, Sanford
Seminole County Real Estate - Lake Monroe
Lake Monroe is in East Central Florida. Lake Monroe is approximately 20 miles from Orlando (population 238,300) and around 6 miles from Deltona (population 85,182).
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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 | |
|---|---|---|---|---|
| 1041 Vihlen Rd | Single Family | 864 | C |
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| 1051 Vihlen Rd | Single Family | 760 | C |
|
| 123 Holloway Ct | Single Family | 1,323 | C |
|
| 1011 Vihlen Rd | Single Family | 1,660 | C |
|
| 121 Holloway Ct | Single Family | 1,416 | C |
|
| 125 Holloway Ct | Single Family | 1,371 | C |
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| 119 Holloway Ct | Single Family | 1,275 | C |
|
| 117 Holloway Ct | Single Family | 1,451 | C |
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| 115 Holloway Ct | Single Family | 1,270 | C |
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| 1061 Vihlen Rd | Single Family | 672 | C |
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| 113 Holloway Ct | Single Family | 993 | C |
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| 1001 Vihlen Rd | Single Family | 1,997 | C |
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| 111 Holloway Ct | Single Family | 1,416 | C |
|
| 124 Holloway Ct | Single Family | 1,275 | C |
|
| 109 Holloway Ct | Single Family | 1,150 | C |
|
| 122 Holloway Ct | Single Family | 1,416 | C |
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| 116 Holloway Ct | Single Family | 1,416 | C |
|
| 120 Holloway Ct | Single Family | 1,150 | C |
|
| 114 Holloway Ct | Single Family | 1,150 | C |
|
| 931 Vihlen Rd | Single Family | 3,268 | C |
|
| 107 Holloway Ct | Single Family | 1,150 | C |
|
| 701 Upsala Rd | Single Family | 3,429 | C |
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| 721 Upsala Rd | Single Family | 1,107 | C |
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| 105 Holloway Ct | Single Family | 1,416 | C |
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| 110 Holloway Ct | Single Family | 1,174 | C |
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Local Household Income
The median household income in this part of Florida is $68,144. The bottom 10% of the population earn less than $19,864 per year. The top 10% earn more than $173,484 per year. The top 1% earn more than $407,050 per year. Most renters earn between $28,680 (20th percentile) and $49,980 (80th percentile) per year. Someone earning the median household income in this area is likely to qualify for a mortgage between $136,288 and $170,360.
The tax assessed value of this property places it in percentile 52 of all properties in this area. This suggests it would appeal to someone earning around $70,555 per year who should qualify for a mortgage between $141,110 and $176,388.
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 $987. Most renters earn between $2,390 and $4,165 per month. They typically spend 35% of their monthly income on rent. Most rents fall in the $711 (20th percentile) to $1,389 (80th percentile) range. The residential vacancy rate is 7%.
This property falls in percentile 52 of all properties in this area. This corresponds to a rent of $1,010 per month and a monthly household income of $3,230 ($38,760 per year)