NOT LISTED FOR SALE

5011 Terrace Palms Cir Unit 202 Tampa, FL 33617

Estimated Value: $141,000 - $150,000

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

Last Sold December 28, 2021

Last sale price $116,500 $133 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,231/month

1 Day on Market

Highlights

  • Central Air
  • South Facing Home
  • Heating Available
  • King High School Rated A-
  • Carpet

About This Home

As of December 2021

Terrace Palms of Tampa Bay, a great little condo community located on the east side of the USF campus. The perfect location and condo for students, faculty, an investor or for anyone looking for a cost effective condo in the Tampa Bay area. Shopping, dining right around the corner and just a short drive to TPA international airport. This is an all ages community with a community pool and shared laundry facility (condo has w&d hook ups as well). Each condo that is available (6 available in this community) has a spacious floor plan with lots of windows, plentiful closet space, living/dining combo and lanai/balcony with closet for w&d. The spacious master bedroom has a private bath. The 2nd bedroom has a walk in closet as well with a full bath just steps away. What every homeowner wants to know: appliances in good shape, monthly HOA $290.00 and covers: water, sewer, trash, exterior maintenance. Contact our team for a private tour today or give your realtor a call to schedule a time to swing by. You'll be happy with your experience in this comfortable space, so happy you are going to call it home!!

Last Agent to Sell the Property

Lance Willard

CHARLES RUTENBERG REALTY INC License #3384517 Listed on: 12/07/2021

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Charles Rezoagli

COMPASS FLORIDA LLC License #3374428

COMPASS FLORIDA LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,181

Year Built

  • Built in 1983

Lot Details

  • South Facing Home
  • Land Lease expires 4/29/22

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 879 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, sewer, trash, water
  • Ky Martin (Ex 318) Association, Phone Number (813) 968-5665
  • Visit Association Website
  • Terrace Palms Condo Subdivision
  • Rental Restrictions

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,181

Year Built

Built in 1983

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco, Vinyl Siding
  • Fireplace: No
  • Living Area: 879
  • New Construction: No
  • Year Built: 1983
  • Directions to Property: 5011 Terrace Palms CirTampa, FL 33617
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8141769?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8141769?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98729
  • Price per Sq Ft: 132.54
  • Close to Original List Price Ratio: 0.98729
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 5011

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Other
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0217H

Garage/Parking

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

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Other
  • Sewer: None
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required
  • Association Fee Frequency: Annually
  • Association Name: Ky Martin (Ex 318)
  • Phone: 813-968-5665
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 290
  • Condo Fees Term: Monthly
  • Association Website: https://wisepropertymanagement.com/
  • Association Email: Kmartin@wisepm.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 290
  • Association Fee Requirement: Required
  • 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-000000-00K23.0
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: x
  • Flood Zone Date: 2008-08-28
  • Land Lease Expiration Date: 2022-04-29

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: No Minimum
  • Approval Process: Prior to leasing tenant must be approved by HOA please contact property management co for details
  • Lease Restrictions Y N: Yes
  • Currency Monthly Rent Amt: 1075
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Prior to leasing tenant must be approved by HOA please contact property management co for details

Tax Info

  • Tax Annual Amount: 1181
  • Tax Block: na
  • Tax Book Number: 5-46
  • Tax Lot: na

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Dny Llc
Bought by
Dny2 Llc
Current Estimated Value
$145,311

Purchase Details

Listed on
Dec 7, 2021
Closed on
Dec 28, 2021
Sold by
Scc Spe3 Llc
Bought by
Dny Llc
Seller's Agent
Lance Willard
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Charles Rezoagli
COMPASS FLORIDA LLC
List Price
$118,000
Sold Price
$116,500
Premium/Discount to List
-$1,500
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%

Purchase Details

Closed on
Nov 1, 2016
Bought by
Siesta Coast Capital Llc

Purchase Details

Closed on
Jul 1, 2016
Bought by
Siesta Coast Capital Llc

Purchase Details

Closed on
Dec 26, 2011
Sold by
Cowles Gene E and Cowles Amelia
Bought by
Cowles Hillsborough Properties Llc
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
Dny2 Llc -- None Listed On Document
Dny Llc $116,500 Alliance Title Group
Siesta Coast Capital Llc $100 --
Siesta Coast Capital Llc $270,000 --
Cowles Hillsborough Properties Llc -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2021 12/28/21 Sold $116,500 -1.3% $133 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $118,000 -- $134 / 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 $1,253 $73,014 $100 $72,914
2020 $1,181 $60,406 $100 $60,306
2019 $1,145 $59,511 $100 $59,411
2018 $1,099 $60,385 $0 $0
2017 $963 $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: U8141769

Stellar MLS

APN: U-10-28-19-1HB-000000-00K23.0