NOT LISTED FOR SALE

397 W Terrace Ave Lake Alfred, FL 33850

Estimated Value: $153,000 - $234,000

3 Beds
2 Baths
964 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $228,000 $237 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $1,063/month

4 Days on Market

Highlights

  • End Unit
  • No HOA
  • 2 Car Attached Garage
  • Frank E. Brigham Academy Rated 9+
  • Family Room Off Kitchen
  • Ceramic Tile Flooring

About This Home

As of May 2024

CORNER LOT!!! Move in ready. 3 bedroom 1 bath home completely remodeled & updated kitchen with stainless steel appliances. The kitchen leads to the living room/family room combo . The bedrooms have waterproof and scratch proof vinyl flooring. The new a/c system and new roof were installed in 2024. This home is situated just off of Hwy 92 for easy access to Tampa and Orlando.

Last Agent to Sell the Property

Phillip Thomas

THOMAS REALTY Brokerage Phone: 863-412-4253 License #3056029 Listed on: 04/10/2024

Last Buyer's Agent

Julio Fernandez

REMAX EXPERTS License #3583755

REMAX EXPERTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $210

Year Built

  • Built in 1994

Lot Details

  • 5,998 Sq Ft Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 964 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Range with Range Hood
  • Laundry in Garage

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

  • No Home Owners Association
  • Echo Terrace 02 Rep Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$210

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 964
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 1286
  • Lot Size Sq Ft: 5998
  • Directions to Property: From Hwy 92, turn north on Lock St. Turn right on Lake GEorge Rd then left on S Nekoma. Turn right on Terrace Ave and the home is on the left corner.
  • Status: Sold
  • Street Direction: W
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 1037781
  • RATIO Current Price By Calculate: 236.51
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Corner Unit
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 863-412-4253
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Thermostat, Window Treatments
  • Appliances Included: Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 397
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 89.56
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22
  • Flood Zone Panel: 12105C0355G

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Parcel Number: 26-28-05-524000-000890
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 557

Green Features

  • Green Verification Count: 0

Tax Info

  • Tax Annual Amount: 210
  • Tax Book Number: 32-40
  • Tax Lot: 89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 3, 2024
Sold by
Thomas Constructions Group Llc
Bought by
Sepulveda Gerson and Sepulveda Rosa
Seller's Agent
Phillip Thomas
THOMAS REALTY
Buyer's Agent
Julio Fernandez
REMAX EXPERTS
List Price
$235,000
Sold Price
$228,000
Premium/Discount to List
-$7,000
-2.98%
Views
28
Current Estimated Value
$191,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,055
Avg. Annual Appreciation
-12.14%
Original Mortgage
$235,524
Outstanding Balance
$232,431
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
-$40,486

Purchase Details

Closed on
Jan 12, 2024
Sold by
Harrison Glenda C
Bought by
Thomas Constructions Group Llc

Purchase Details

Closed on
Dec 21, 1994
Sold by
Conner Pauline and Conner Hattie Pauline
Bought by
Harrison Glenda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,700
Interest Rate
9.23%
Source: Public Records

Range of Values:

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Average Value
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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
Sepulveda Gerson $228,000 Integrity First Title
Thomas Constructions Group Llc $110,000 Integrity First Title
Harrison Glenda G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepulveda Gerson $235,524
Previous Owner Harrison Glenda G $42,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $228,000 -3.0% $237 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
04/10/2024 04/10/24 For Sale $235,000 -- $244 / 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
2025 $227 $104,109 $9,597 $94,512
2024 $210 $36,819 -- --
2023 $210 $35,747 $0 $0
2022 $193 $34,706 $0 $0
2021 $179 $33,695 $0 $0
2020 $171 $33,230 $0 $0
2018 $147 $31,877 $0 $0
2017 $132 $31,221 $0 $0
2016 $121 $30,579 $0 $0
2015 $119 $30,366 $0 $0
2014 $111 $30,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4929991

Stellar MLS

APN: 26-28-05-524000-000890