NOT LISTED FOR SALE

5002 Terrace Palms Cir Unit 202 Tampa, FL 33617

Estimated Value: $146,000 - $164,000

2 Beds
2 Baths
879 Sq Ft
$290/mo HOA Fee

Last Sold September 30, 2022

Last sale price $152,250 $173 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,267/month

4 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Balcony
  • King High School Rated A-
  • Tennis Courts
  • Walk-In Closet

About This Home

As of September 2022

Great investment opportunity! Check out this second floor, 2 bed/2 bath condo that is directly across the street from USF. Terrace Palms is a small condo community located on the east side of USF offering a perfect location for students or faculty. Low monthly Condo fee covers: water, sewer, trash, exterior maintenance. The open and spacious floor plan offers a master bedroom with plenty of closet space with a private bath and a rear bedroom with a large closet with full bath across from the entry way. Living/dining combo and lanai/balcony overlooking pool, with utility room for a stackable washer and dryer. Complex also includes laundry area near the community pool.

Last Agent to Sell the Property

Bob Piccirilli

UNIVERSITY REALTY OF TAMPA License #153239 Listed on: 09/01/2022

Last Buyer's Agent

Bob Piccirilli

UNIVERSITY REALTY OF TAMPA License #153239 Listed on: 09/01/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,195

Year Built

  • Built in 1983

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 879 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Schools

  • Pizzo Elementary School
  • Greco Middle School
  • King High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • West Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, manager, pool maintenance, sewer, trash, water
  • Ky Martin Association, Phone Number (813) 968-5665
  • Terrace Palms Condo Subdivision
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Racquetball
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,195

Year Built

Built in 1983

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco, Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 879
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 2
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3399000?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3399000?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.05
  • Price per Sq Ft: 173.21
  • Close to Original List Price Ratio: 1.05
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Sidewalk, Sliding Doors
  • Roof: 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
  • Parking Features: Assigned
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated Community, Pool, Racquetball, Sidewalk, Tennis Courts
  • Association Name: Ky Martin
  • Phone: 813-968-5665
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 290
  • Condo Fees Term: Monthly
  • Association Email: kmartin@wisepm.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 290
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3480
  • Total Monthly Fees: 290

Schools

  • Elementary School: Pizzo-HB
  • High School: King-HB
  • Middle Or Junior School: Greco-HB

Lot Info

  • Zoning: SPI-UC-3
  • Parcel Number: U-10-28-19-1HB-000000-00E21.0
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 8-12 Months
  • Approval Process: For leasing restrictions and approval process, contact Wise Property Management 813-968-5665
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: For leasing restrictions and approval process, contact Wise Property Management 813-968-5665

Tax Info

  • Tax Annual Amount: 1194.98
  • Tax Block: 0
  • Tax Book Number: 5-46
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Sep 20, 2022
Sold by
Phomsakha Sengdeuane
Bought by
Mccollough Properties Llc
Seller's Agent
Bob Piccirilli
UNIVERSITY REALTY OF TAMPA
Buyer's Agent
Bob Piccirilli
UNIVERSITY REALTY OF TAMPA
List Price
$145,000
Sold Price
$152,250
Premium/Discount to List
$7,250
5%
Current Estimated Value
$153,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,695
Avg. Annual Appreciation
0.36%

Purchase Details

Closed on
Mar 31, 2004
Sold by
Bates Virginia Marie
Bought by
Weiss Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,750
Interest Rate
6.12%
Mortgage Type
Unknown
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
Mccollough Properties Llc $152,300 Fidelity National Title
Weiss Robert E $57,500 Alday Donalson Title Agencie
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weiss Robert E $51,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2022 09/30/22 Sold $152,250 +5.0% $173 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $145,000 -- $165 / 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 $2,038 $115,935 $100 $115,835
2023 $1,939 $109,864 $100 $109,764
2022 $1,381 $98,262 $100 $98,162
2021 $1,195 $73,014 $100 $72,914
2020 $1,128 $60,406 $100 $60,306
2019 $1,072 $59,511 $100 $59,411
2018 $1,032 $60,385 $0 $0
2017 $903 $47,067 $0 $0
2016 $807 $38,252 $0 $0
2015 $751 $34,775 $0 $0
2014 $719 $33,146 $0 $0
2013 -- $30,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3399000

Stellar MLS

APN: U-10-28-19-1HB-000000-00E21.0