NOT LISTED FOR SALE

316 Terrace Ridge Cir Davenport, FL 33896

Estimated Value: $238,802 - $253,000

3 Beds
2 Baths
1,542 Sq Ft
$478/mo HOA Fee

Last Sold February 24, 2023

Last sale price $228,000 $148 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,067/month

59 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Pool View
  • Gated Community
  • Clubhouse
  • Furnished

About This Home

As of February 2023

'TIS THE SEASON FOR A HOLIDAY MARKDOWN. Recently reduced by $8000. This exceptional Condo is located in highly desirable Davenport with convenient access to popular area attractions, Orlando and Tampa. It features a large open space living, dining, and kitchen area with 3 bedroom 2 bathroom. It's location within the community could not be any better with stunning pool and sand volleyball area views. Easy access to the club house amenities with it's fitness center, game room, resort style pool and spa make this any vacationer's dream. Fully furnished and includes all the kitchen necessities needed to create your Holiday feast for your family. This unit is turn key ready making it easy for you and your guests to begin enjoying your stay. Perfect for those wanting to make Central Florida their home or for a savy investor who wishes to offer it as a short term rental to the growing number of visitors seeking the Florida Sunshine and popular attractions. The modern open floorplan features a split style configuration separating the primary bedroom with a walk-in closet and dual vanity ensuite from the 2 additional bedrooms with a shared bath. The balcony is the perfect for morning coffee spot overlooking the open center of the community and pool area. With ChampionsGate and Reunion just a short drive away, you will be able to take advantage of several restaurants and shopping nearby. This condo is an incredible value for this high growth location. Schedule your showing today!

Last Agent to Sell the Property

Richard Gabriel

NOVA REAL ESTATE SERVICES INC License #3484811 Listed on: 11/25/2022

Last Buyer's Agent

Richard Gabriel

NOVA REAL ESTATE SERVICES INC License #3484811 Listed on: 11/25/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,973

Year Built

  • Built in 2005

Lot Details

  • Southwest Facing Home

HOA Fees

  • $478 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,542 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Sliding Doors
  • Pool Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Alta Vista Elementary School
  • Dundee Ridge Middle School
  • Auburndale High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, private road, sewer, trash, water
  • First Seervice Residential /Alfred Alicea Association, Phone Number (407) 644-0010
  • Visit Association Website
  • Mid-Rise Condominium
  • Terrace Ridge At Town Center East Condo Subdivision
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,973

Year Built

Built in 2005

Lot Details

0

HOA Fees

$478 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Private Road, Sewer, Trash, 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: Directions: Take exit 58 off 1-4 and onto Osceola Polk Line Road. Turn right on Old Lake Wilson Road & left on Town Center. Terrace Ridge is on your left. Once your pass the gate turn right. Building 3 is the first building on the left. Park by the breezeway on the right hand side of the building. Unit 316 is on the second floor on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6069718?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6069718?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: Yes
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Ratio: Close Price\List Price: 0.89447
  • Price per Sq Ft: 147.86
  • Close to Original List Price Ratio: 0.85075
  • Ratio: Current Price\Building Area Total: 141.44
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 316
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0125H
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Gated Community, Playground, Pool
  • Association Fee: 478.06
  • Association Fee Frequency: Monthly
  • Association Name: First Seervice Residential /Alfred Alicea
  • Phone: 407-644-0010
  • Association: Yes
  • Senior Community: No
  • Association Website: https://terraceridge.connectresident.com
  • Association Email: alfred.alcea@fsresidential.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5736.72
  • Monthly HOA Fee: 478.06
  • Total Monthly Fees: 478.06

Schools

  • Elementary School: Alta Vista Elem
  • High School: Auburndale High School
  • Middle Or Junior School: Dundee Ridge Middle

Lot Info

  • Parcel Number: 27-26-02-701011-005210
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Number Limit
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1-7 Days
  • Pet Restrictions: Limit of 2 pets (ie. 1 dog and 1 cat)
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Short-term leasing is permitted, please contact HOA for details on Lease restrictions.

Tax Info

  • Tax Annual Amount: 1973
  • Tax Book Number: 1111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2022
Closed on
Feb 24, 2023
Sold by
Soto Michael Anthony
Bought by
Salavitabar Jafar Jeff and Salavitabar Kathleen B
Seller's Agent
Richard Gabriel
NOVA REAL ESTATE SERVICES INC
Buyer's Agent
Richard Gabriel
NOVA REAL ESTATE SERVICES INC
List Price
$259,900
Sold Price
$228,000
Premium/Discount to List
-$31,900
-12.27%
Views
89
Current Estimated Value
$251,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,637
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Apr 12, 2018
Sold by
Soto Michael Anthony and Rodriguez Yvonne
Bought by
Soto Michael Anthony

Purchase Details

Closed on
May 13, 2016
Sold by
Vansnick Richard A
Bought by
Asset Preservation Inc

Purchase Details

Closed on
Apr 4, 2013
Sold by
Ogrady Mark and Ogrady Melissa
Bought by
Vansnick Richard A

Purchase Details

Closed on
Dec 4, 2009
Sold by
Fannie Mae
Bought by
Ogrady Mark and Ogrady Melissa

Purchase Details

Closed on
Sep 30, 2009
Sold by
Zargarpur Mariam and Zargarpur Mahmad
Bought by
Everhome Mortgage Company

Purchase Details

Closed on
Sep 20, 2005
Sold by
Horton D R
Bought by
Zargarpur Miriam and Zargarpur Mahmd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,750
Interest Rate
6.1%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Salavitabar Jafar Jeff $228,000 First American Title
Soto Michael Anthony -- Attorney
Asset Preservation Inc $122,500 Stewart Title Company
Vansnick Richard A $115,000 Stewart Title Of Four Corner
Ogrady Mark $87,000 None Available
Everhome Mortgage Company -- None Available
Zargarpur Miriam $281,000 K E L Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zargarpur Miriam $224,750
Previous Owner Zargarpur Mahmad $28,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $228,000 -10.6% $148 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
12/22/2022 12/22/22 Price Changed $254,900 -1.9% $165 / Sq Ft
12/22/2022 12/22/22 For Sale $259,900 0.0% $169 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/09/2022 12/09/22 Price Changed $259,900 -3.0% $169 / Sq Ft
11/25/2022 11/25/22 For Sale $268,000 -- $174 / 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
2023 $2,534 $156,220 $0 $0
2022 $2,226 $142,018 $0 $0
2021 $1,973 $129,107 $0 $0
2020 $1,835 $122,000 $100 $121,900
2018 $1,553 $97,000 $100 $96,900
2017 $1,558 $98,000 $0 $0
2016 $1,619 $99,500 $0 $0
2015 $1,439 $95,000 $0 $0
2014 $1,478 $93,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6069718

Stellar MLS

APN: 27-26-02-701011-005210