NOT LISTED FOR SALE

309 Terrace Ridge Cir Unit 309 Davenport, FL 33896

Estimated Value: $228,000 - $257,000

3 Beds
2 Baths
1,542 Sq Ft
$481/mo HOA Fee

Last Sold August 07, 2017

Last sale price $113,000 $73 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,911/month

24 Days on Market

Highlights

  • In Ground Pool
  • Balcony
  • Central Heating and Cooling System
  • Gated Community
  • Ceramic Tile Flooring

About This Home

As of August 2017

Enjoy the Central Florida lifestyle at Terrace Ridge at Town Center in this light and bright three bedroom two bath condo. Spacious kitchen features all appliances as well as a breakfast bar. The living room has a convenient built-in desk. The dining room leads to the private balcony. The master ensuite features dual sinks as well as a walk in shower. The second and third bedrooms share a large bathroom. This condo works well as a long term rental, vacation home or full time residence. It is located in the growing Davenport area. Only 2.5 miles to I4 and Champions Gate, and Reunion is even closer.

Last Agent to Sell the Property

Carey Sauer

DEFINITIVE GROUP LLC License #3262971 Listed on: 04/24/2017

Last Buyer's Agent

Liz Wilson

REAL BROKER, LLC License #3187689

REAL BROKER, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

  • $481 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,542 Sq Ft Home
  • 4-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, maintenance structure, sewer, water
  • Definitive Group Llc 407 574 2612 Www.Defhomes.Com Association
  • Mid-Rise Condominium
  • Terrace Ridge At Town Center East Condo Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,372

Year Built

Built in 2005

Lot Details

0

HOA Fees

$481 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Maintenance Structure, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1542
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1612
  • Lot Size Sq Ft: 683
  • Directions to Property: Take I4 west to exit 58 east to Lake Wilson Rd. Make a left onto Town Center Rd. Left on Terrace Ridge. Go to the right after going through the gate to the condo on the left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1045447
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 73.28
  • Water Access YN: 0
  • Property Description: Mid Rise
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 4
  • Street Number Modifier: 309
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 4

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Balcony
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22T00:00:00.000
  • Flood Zone Panel: 12105C0125H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Pool
  • Association Amenities: Gated
  • Association Fee: 480.79
  • Association Fee Frequency: Monthly
  • Association Name: Definitive Group LLC 407-574-2612 www.defhomes.com
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: Verify Pet restrictions with the BOA
  • Association Fee Requirement: Required
  • Building Name Number: 309
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Monthly HOA Amount: 480.79

Lot Info

  • Zoning: RES
  • Parcel Number: 27-26-02-701011-005280
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: X
  • Homestead YN: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Verify Leasing restrictions and processes with the HOA.
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 1372
  • Tax Book Number: 0

Multi Family

  • Approval Process: Verify Leasing restrictions and processes with the HOA.
  • Currency Monthly Rent Amt: 1200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Aug 8, 2017
Sold by
Print Electronics Llc
Bought by
Santiago Misha J and Santiago Keith
Seller's Agent
Carey Sauer
DEFINITIVE GROUP LLC
Buyer's Agent
Liz Wilson
REAL BROKER, LLC
List Price
$118,000
Sold Price
$113,000
Premium/Discount to List
-$5,000
-4.24%
Current Estimated Value
$245,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,634
Avg. Annual Appreciation
10.14%
Original Mortgage
$99,250
Outstanding Balance
$82,836
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$162,798

Purchase Details

Closed on
May 20, 2010
Sold by
Keshwara Laku and Keshwara Savita
Bought by
Print Electronics Llc

Purchase Details

Closed on
Sep 30, 2005
Sold by
Horton D R
Bought by
Keshwara Lakhu and Keshwara Savita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Santiago Misha J $113,000 Stewart Title Company
Santiago Misha J $113,000 Stewart Title Company
Print Electronics Llc $65,000 Florida Title & Abstract
Print Electronics Llc $65,000 Florida Title & Abstract
Keshwara Lakhu $215,000 K E L Title Ins Agency Inc
Keshwara Lakhu $215,000 K E L Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santiago Misha J $99,250
Closed Santiago Misha J $15,000
Previous Owner Keshwara Lakhu $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $113,000 -- --
08/07/2017 08/07/17 Sold $113,000 -4.2% $73 / Sq Ft
05/19/2017 05/19/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $118,000 -- $77 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,100 $112,039 -- --
2023 $1,100 $108,776 $0 $0
2022 $1,061 $105,608 $0 $0
2021 $1,050 $102,532 $0 $0
2020 $1,030 $101,116 $0 $0
2018 $981 $97,000 $100 $96,900
2017 $1,378 $75,402 $0 $0
2016 $1,372 $68,547 $0 $0
2015 $1,178 $62,315 $0 $0
2014 $1,200 $56,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Carey Sauer

    DEFINITIVE GROUP LLC

    (703) 930-1806

    1 in this area

    14 Total Sales

    Section Image
  • Liz Wilson

    Buyer's Agent in 2017

    Liz Wilson

    REAL BROKER, LLC

    (863) 557-6135

    12 in this area

    85 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: S4845375

Stellar MLS

APN: 27-26-02-701011-005280

Florida Polk County Davenport 33896

309 Terrace Ridge Cir Unit 309, Davenport, FL

This home is located at 309 Terrace Ridge Cir Unit 309, Davenport, FL 33896 since 24 April 2017 and is currently estimated at $245,634, approximately $159 per square foot. This property was built in 2005. 309 Terrace Ridge Cir Unit 309 is a home located in Polk County with nearby schools including Davenport School Of The Arts, Loughman Oaks Elementary School, and Dundee Elementary Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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