NOT LISTED FOR SALE

5005 Terrace Palms Cir Unit 102 Tampa, FL 33617

Estimated Value: $145,000 - $163,000

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

Last Sold October 07, 2021

Last sale price $117,500 $134 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,266/month

2 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Outdoor Storage
  • King High School Rated A-
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2021

First floor end unit condo within walking or biking distance to the University of South Florida. Perfect floor plan for shared living. Both bedrooms are spacious and feature walk-in closets and individual bathrooms. Open kitchen overlooks the great room with sliding doors . Features tile flooring throughout. There is a nice community pool with pavered deck. This complex is conveniently located to major highways, shopping, schools and much more!!

Last Agent to Sell the Property

Pauline Meredith

RE/MAX REALTY UNLIMITED License #3206626 Listed on: 09/19/2021

RE/MAX REALTY UNLIMITED

Last Buyer's Agent

Sean Bates

EXP REALTY LLC License #3271378

EXP REALTY LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $313

Year Built

  • Built in 1983

Lot Details

  • 871

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Wood Frame Certified By Forest Stewardship Council
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 879 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Cooktop
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Outdoor Storage
  • West Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, pool maintenance, sewer, trash, water
  • Wise Property Management Association, Phone Number (813) 968-5665
  • Terrace Palms Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 100 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$313

Year Built

Built in 1983

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding, Wood Frame (FSC Certified)
  • Fireplace: No
  • Living Area: 879
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 874
  • Directions to Property: From the corner of Fowler Avenue and 50th Street, go north on 50th Street to the complex on the right, take left and the building faces 50th Street.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3329906?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3329906?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97917
  • Price per Sq Ft: 133.67
  • Close to Original List Price Ratio: 0.97917
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Window Treatments
  • Appliances Included: Cooktop, Disposal, Dryer, Electric Water Heater, Freezer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 1
  • Street Number Modifier: 5005
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Storage
  • 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: Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool, Sidewalk
  • Association Name: Wise Property Management
  • Phone: 813-968-5665
  • Association: No
  • Senior Community: No
  • Condo Fees: 290
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 290
  • Association Approval Required YN: Yes

Fee Information

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

Lot Info

  • Zoning: SPI-UC-3
  • Parcel Number: U-10-28-19-1HB-000000-00J11.0
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Max Pet Weight: 100
  • Minimum Lease: 8-12 Months
  • Approval Process: Contact Wise Property Management @ 813-968-5665 for leasing restrictions and approval.
  • Pet Restrictions: check with HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to verify all rules and regulations with HOA

Tax Info

  • Tax Annual Amount: 312.83
  • Tax Block: 00000
  • Tax Book Number: 5-46
  • Tax Lot: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2021
Closed on
Oct 6, 2021
Sold by
Elzayat Hassan
Bought by
3019 Nw 6Th Street Llc
Seller's Agent
Pauline Meredith
RE/MAX REALTY UNLIMITED
Buyer's Agent
Sean Bates
EXP REALTY LLC
List Price
$120,000
Sold Price
$117,500
Premium/Discount to List
-$2,500
-2.08%
Current Estimated Value
$152,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,596
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Mar 23, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Elzayat Selim and Ahmed Karima

Purchase Details

Closed on
Feb 21, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 12, 2012
Sold by
Hines Charmaine and Hines Kevin L
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jul 29, 2005
Sold by
Line David Charles
Bought by
Hines Kevin L and Hines Charmaine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
5.57%
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
3019 Nw 6Th Street Llc $117,500 Attorney
Elzayat Selim $35,500 New House Title
Federal Home Loan Mortgage Corporation -- New House Title
Chase Home Finance Llc -- None Available
Hines Kevin L $78,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hines Kevin L $70,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $117,500 -2.1% $134 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/19/2021 09/19/21 For Sale $120,000 -- $137 / 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 $1,918 $109,864 $100 $109,764
2022 $1,747 $98,262 $100 $98,162
2021 $1,333 $73,014 $100 $72,914
2020 $313 $37,268 $0 $0
2019 $300 $36,430 $0 $0
2018 $283 $35,751 $0 $0
2017 $269 $47,067 $0 $0
2016 $251 $34,296 $0 $0
2015 $250 $34,058 $0 $0
2014 $237 $33,788 $0 $0
2013 -- $31,534 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3329906

Stellar MLS

APN: U-10-28-19-1HB-000000-00J11.0