NOT LISTED FOR SALE

403 Terrace Ct Sanford, FL 32773

Dreamworld Neighborhood

Estimated Value: $212,000 - $280,000

2 Beds
2.5 Baths
1,580 Sq Ft
$151/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $165,000 $104 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,643/month

Highlights

  • Boat Ramp
  • Balcony
  • Central Heating and Cooling System
  • Seminole High School Rated A
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2022

Incredible opportunity for first-time homebuyers and investors. Enjoy a spacious enclosed patio, large first-floor great room and a double master bedroom second-floor layout. Conveniently located near schools, bus routes and major roadways, bringing all of Central Florida within easy reach.

Last Agent to Sell the Property

Mel Bernstein

PREMIER SOTHEBYS INT'L REALTY License #638692 Listed on: 04/12/2022

PREMIER SOTHEBYS INT'L REALTY

Last Buyer's Agent

Mel Bernstein

PREMIER SOTHEBYS INT'L REALTY License #638692 Listed on: 04/12/2022

PREMIER SOTHEBYS INT'L REALTY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,794

Year Built

  • Built in 1981

Lot Details

  • 1,397 Sq Ft Lot
  • North Facing Home
  • Land Lease expires 11/30/22

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • The Terrace Assocation/Ray Turner Association, Phone Number (407) 562-2680
  • Terrace The Subdivision

Recreation

  • Boat Ramp

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,794

Year Built

Built in 1981

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Brick, Wood Frame
  • Fireplace: Yes
  • Living Area: 1580
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1619
  • Lot Size Sq Ft: 1397
  • Directions to Property: From CR 46a, South on Ridgewood Ave, Right on Terrace Ct.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6017378?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6017378?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.86842
  • Price per Sq Ft: 104.43
  • Close to Original List Price Ratio: 0.86842
  • Ratio: Current Price\Building Area Total: 101.91
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 403
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Membrane, Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp
  • Association Fee: 75
  • Association Fee Frequency: Monthly
  • Association Name: The Terrace Assocation/Ray Turner
  • Phone: 407-562-2680
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 900
  • Monthly HOA Fee: 75
  • Total Monthly Fees: 75

Lot Info

  • Zoning: MR2
  • Parcel Number: 02-20-30-508-0000-04C0
  • Additional Parcels: No
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2022-11-30

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 1794.08
  • Tax Block: 0000
  • Tax Book Number: 24-75
  • Tax Lot: 4C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 3, 2022
Sold by
Florida Falcon Llc
Bought by
Mucklai Tasnim
Seller's Agent
Mel Bernstein
PREMIER SOTHEBYS INT'L REALTY
Buyer's Agent
Mel Bernstein
PREMIER SOTHEBYS INT'L REALTY
List Price
$190,000
Sold Price
$165,000
Premium/Discount to List
-$25,000
-13.16%
Current Estimated Value
$238,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,885
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Jun 7, 2019
Sold by
Falcon Daniel R
Bought by
Florida Falcon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,746
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 26, 2015
Sold by
Calvo Ricardo G
Bought by
Falcon Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2013
Closed on
Jan 30, 2014
Sold by
Paddock Gerald A
Bought by
Nice Daytona Llc
Seller's Agent
Sue White
PREMIUM PROPERTIES R.E SERVICE
Buyer's Agent
Joy Barinque
HOMESMART
List Price
$42,500
Sold Price
$42,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%

Purchase Details

Closed on
Mar 16, 1994
Sold by
Brewer Brenda Joy
Bought by
Paddock Gerald A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,300
Interest Rate
7.1%
Mortgage Type
VA

Purchase Details

Closed on
Nov 1, 1992
Bought by
Falcon Daniel R

Purchase Details

Closed on
Sep 1, 1992
Bought by
Falcon Daniel R

Purchase Details

Closed on
Mar 1, 1988
Bought by
Falcon Daniel R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mucklai Tasnim $165,000 Cipparone & Cipparone Pa
Florida Falcon Llc -- Attorney
Falcon Daniel R $76,000 Winter Park Title Co Llc
Nice Daytona Llc $42,500 First Advantage Title Partne
Paddock Gerald A -- --
Falcon Daniel R $56,100 --
Falcon Daniel R $100 --
Falcon Daniel R $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Florida Falcon Llc $423,746
Previous Owner Falcon Daniel R $57,000
Previous Owner Paddock Gerald A $152,726
Previous Owner Paddock Gerald A $50,000
Previous Owner Paddock Gerald A $31,650
Previous Owner Paddock Gerald A $54,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2022 05/03/22 Sold $165,000 -13.2% $104 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $190,000 +347.1% $120 / Sq Ft
05/26/2015 05/26/15 Off Market $42,500 -- --
01/30/2014 01/30/14 Sold $42,500 0.0% $27 / Sq Ft
01/09/2014 01/09/14 Pending -- -- --
12/24/2013 12/24/13 For Sale $42,500 0.0% $27 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
04/20/2013 04/20/13 Price Changed $42,500 0.0% $27 / Sq Ft
04/20/2013 04/20/13 For Sale $42,500 +6.3% $27 / Sq Ft
01/27/2013 01/27/13 Pending -- -- --
01/18/2013 01/18/13 For Sale $40,000 -- $25 / 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 $3,187 $180,469 $40,000 $140,469
2023 $2,917 $164,292 $35,000 $129,292
2021 $1,794 $97,185 $0 $0
2020 $1,622 $88,350 $0 $0
2019 $1,465 $81,643 $0 $0
2018 $1,373 $78,422 $0 $0
2017 $1,257 $64,042 $0 $0
2016 $1,167 $60,113 $0 $0
2015 $1,049 $51,540 $0 $0
2014 $394 $49,805 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mel Bernstein

    Seller's Agent in 2022

    Mel Bernstein

    PREMIER SOTHEBYS INT'L REALTY

    (407) 810-4726

    2 in this area

    176 Total Sales

    Mel Bernstein
    Section Image

  • S

    Seller's Agent in 2014

    Sue White

    PREMIUM PROPERTIES R.E SERVICE

    (407) 380-2800

    19 Total Sales

    Sue White
    Section Image

  • J

    Buyer's Agent in 2014

    Joy Barinque

    HOMESMART

    (407) 332-9007

    4 Total Sales

    Joy Barinque
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6017378

Stellar MLS

APN: 02-20-30-508-0000-04C0

Florida Seminole County Sanford 32773 Dreamworld

403 Terrace Ct, Sanford, FL

This home is located at 403 Terrace Ct, Sanford, FL 32773 since 12 April 2022 and is currently estimated at $238,885, approximately $151 per square foot. This property was built in 1981. 403 Terrace Ct is a home located in Seminole County with nearby schools including Seminole High School, Wicklow Elementary School, and Crystal Lake Elementary School.

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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