NOT LISTED FOR SALE

418 Terrace Ridge Cir Unit 235 Davenport, FL 33896

Estimated Value: $238,161 - $258,000

3 Beds
2 Baths
1,542 Sq Ft
$454/mo HOA Fee

Last Sold September 24, 2021

Last sale price $200,000 $130 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,027/month

24 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Walk-In Closet
  • Dundee Elementary Academy Rated 9+
  • Community Pool
  • Ceramic Tile Flooring

About This Home

As of September 2021

FLORIDA VACATION RETREAT! This is YOUR chance to own this unfurnished BEAUTIFUL 3 BR/ 2 BA, third floor condo in the popular gated Terrace Ridge community in sunny FLORIDA. This unit would make a GREAT investment property or a lovely place to call home. Terrace Ridge is a GATED community that offers guests and owners use of its facilities which include a heated swimming pool and Jacuzzi with large pool area, spa, fitness center, volleyball court, game room and a clubhouse. The living area is bright and sunny with lots of space for lounging or just entertaining guests. There is a spacious dining area, as well, with sliding glass doors that open to a screened patio and a built-in desk area for catching up on screen time. The large workable kitchen has nicely updated appliances, plenty of cabinet space including a full-size pantry or storage closet and opens conveniently to the inside laundry room (washer and dryer also included). The condo's SPLIT FLOOR PLAN offers an elegant master suite with walk-in closet, as well as, a bathroom offering walk-in shower and a tub shower - ideal when everybody is trying to get ready at the same time! The secondary bedrooms have its own private hallway as well as a full bath, ideally positioned for either additional family members or roommates to have their own separate space. The building is well maintained by the COA with new roof and exterior painting completed within the last 2 years. Included in the COA are water, valet trash, basic cable and high-speed internet meaning that your only other monthly bill is electric - perfect for managing your budget and keeping your running costs low. Terrace Ridge is ideally located just minutes to Disney, Universal, entertainment, shopping and dining with easy access to I-4 and SR429. Make your appointment today. You won't be disappointed.

Last Agent to Sell the Property

Mary Purkiser

CHARLES RUTENBERG REALTY INC License #3206661 Listed on: 08/09/2021

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Carolina Izquierdo

MORE HOMES LLC License #3398060

MORE HOMES LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 2005

Lot Details

  • East Facing Home
  • Irrigation

HOA Fees

  • $454 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,542 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Views of Woods

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond
  • Alfred Alicea Association, Phone Number (407) 644-0010
  • Terrace Rdg/Town Center East Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,699

Year Built

Built in 2005

Lot Details

0

HOA Fees

$454 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1542
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 683
  • Directions to Property: I-4 to Champions Gate Blvd/Osceola Polk Line Road (exit 58). Make a left at the traffic light then a right onto Lake Wilson Road, Left on Town Center Blvd. Go left through the gate to Terrace Ridge Circle Building 4
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3322828?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3322828?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95238
  • Price per Sq Ft: 129.7
  • Close to Original List Price Ratio: 0.95238
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 3
  • Street Number Modifier: 418
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Lighting
  • Roof: Tile
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Fire Hydrant, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Pool, Sidewalk
  • Association Fee Frequency: Monthly
  • Association Name: Alfred Alicea
  • Phone: 407-644-0010
  • Association: Yes
  • Senior Community: No
  • Association Email: alfred.alicea@residential.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Montly Maint Amt Addition To H O A: 454
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5448
  • Total Monthly Fees: 454

Lot Info

  • Parcel Number: 27-26-02-701011-002350
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1100
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: See HOA

Tax Info

  • Tax Annual Amount: 1698.53
  • Tax Book Number: 002/350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2021
Closed on
Sep 24, 2021
Sold by
Gibbon Tammy Rose and Armstrong Douglas Lianne
Bought by
Ma Solana
Seller's Agent
Mary Purkiser
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Carolina Izquierdo
MORE HOMES LLC
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Current Estimated Value
$246,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,290
Avg. Annual Appreciation
5.43%
Original Mortgage
$150,000
Outstanding Balance
$136,786
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$109,504

Purchase Details

Closed on
Oct 31, 2012
Sold by
Guillemette Marie and Guillemette Gilles
Bought by
Gibbons Tammy Rose and Armstrong Douglas Lianne

Purchase Details

Closed on
May 24, 2010
Sold by
Lamb Properties Inc
Bought by
Guillemette Maria and Guillemette Gilles

Purchase Details

Closed on
Sep 21, 2009
Sold by
Baker Anthony Michael Charles
Bought by
Lamb Properties Pa

Purchase Details

Closed on
Sep 29, 2005
Sold by
D R Horton Inc
Bought by
Baker Anthony and Baker Anthony Michael Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Ma Solana $200,000 Mti Title Insurance Agcy Inc
Gibbons Tammy Rose $115,000 Attorney
Guillemette Maria $85,000 First Security Title Service
Lamb Properties Pa -- Attorney
Baker Anthony $220,000 Brokers Title Of Orlando Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Solana $150,000
Previous Owner Baker Anthony $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $200,000 -4.8% $130 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/07/2021 08/07/21 For Sale $210,000 -- $136 / 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 $2,905 $202,500 $100 $202,400
2024 $2,772 $205,700 -- --
2023 $2,772 $187,000 $0 $0
2022 $2,443 $170,000 $100 $169,900
2021 $1,823 $110,396 $0 $0
2020 $1,699 $122,000 $100 $121,900
2018 $1,436 $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

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Map

Source: Stellar MLS

MLS Number: T3322828

Stellar MLS

APN: 27-26-02-701011-002350