NOT LISTED FOR SALE

502 Terrace Ridge Cir Unit 502 Davenport, FL 33896

Estimated Value: $236,365 - $257,000

4 Beds
2 Baths
1,688 Sq Ft
$532/mo HOA Fee

Last Sold July 18, 2017

Last sale price $110,000 $65 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,940/month

15 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Private Lot
  • In Ground Pool
  • Deck
  • Pool View

About This Home

As of July 2017

First floor unit 4 bed 2 bath located in gated Terrace Ridge is ready for immediate occupancy. Unit has been recently painted and has dual sinks in both bathrooms. The back patio has a view of the volleyball court and pool/clubhouse. The community offers many amenities including a large heated pool and spa, sun terrace, clubhouse with fitness center, game room, beach volleyball, large flat screen TV's. It is located near the supermarkets and restaurants of Champions Gate. It is just minutes to I4 and a short drive to Disney, Sea World, Universal Studios, International Drive. All sizes are approximate. Please verify association requirements.

Last Agent to Sell the Property

Cathy Morrison

AUSTIN DEANE REALTY INC License #3300695 Listed on: 04/28/2017

Last Buyer's Agent

Juan Sosa-Rios

LPT REALTY, LLC License #3160564

LPT REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,464

Year Built

  • Built in 2005

Lot Details

  • 697

HOA Fees

  • $532 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,688 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Pool Views
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, recreational facilities, security, sewer, trash, water
  • Terrace Ridge At Town Center East Condo Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 2 Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,464

Year Built

Built in 2005

Lot Details

0

HOA Fees

$532 per month

Parking

1

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1688
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1758
  • Directions to Property: From I-4 exit 58 at Champions Gate and turn Left. Right on Lake Wilson Road, Right onto Town Center Blvd. Terrace Ridge is on the Left. Unit is around the back side of clubhouse in Building 5
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Floor Number: 1
  • List Office Head Office Key Nume: 205058950
  • Minimum Lease: No Minimum
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 65.17
  • Total Acreage: Non-Applicable
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Elevator, Living Room/Dining Room Combo, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 502
  • ResoLivingAreaSource: PublicRecords
  • Room Count: 7

Exterior Features

  • Pool Features: In Ground
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, None

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness Center, Gated, Pool
  • Association Amenities: Fitness Center, Gated, Recreation Facilities
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Approval Required YN: 0
  • Pet Restrictions: Please verify with association
  • Association Fee Requirement: Required
  • Building Name Number: 5
  • Condo Fees: 532
  • Condo Land Included YN: 0
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 532
  • Pet Size: Small (16-35 Lbs.)

Lot Info

  • Zoning: 400
  • Parcel Number: 27-26-02-701011-003120
  • Additional Parcels: No
  • Lot Features: Private
  • Flood Zone Code: x
  • Homestead YN: 0
  • Zoning Compatible YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1464
  • Tax Book Number: condo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jul 18, 2017
Sold by
Kassa Mark G
Bought by
Guzman Alexander
Seller's Agent
Cathy Morrison
AUSTIN DEANE REALTY INC
Buyer's Agent
Juan Sosa-Rios
LPT REALTY, LLC
List Price
$124,900
Sold Price
$110,000
Premium/Discount to List
-$14,900
-11.93%
Current Estimated Value
$242,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,591
Avg. Annual Appreciation
10.02%
Original Mortgage
$88,000
Outstanding Balance
$73,133
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$169,458

Purchase Details

Closed on
Apr 12, 2017
Sold by
Kassa Mary Jane N
Bought by
Kassa Mark G and Mark G Kassa Living Trust

Purchase Details

Closed on
Apr 1, 2017
Bought by
Guzman Alexander

Purchase Details

Closed on
Oct 20, 2009
Sold by
Kassa Mark G
Bought by
Kassa David G and David G Kassa Living Trust

Purchase Details

Closed on
Dec 11, 2008
Sold by
Kassa David and Kassa Mark G
Bought by
Kassa Mark G and Mark G Kassa Living Trust

Purchase Details

Closed on
Aug 30, 2005
Sold by
D R Horton Inc
Bought by
Kassa David and Kassa Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,792
Interest Rate
5.84%
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
Guzman Alexander $110,000 Home Solutions Title Inc
Kassa Mark G -- Home Solution Title Inc
Kassa Mark G -- Home Solution Title Inc
Kassa Mark G -- Home Solution Title Inc
Guzman Alexander $100 --
Kassa David G -- Attorney
Kassa Mark G -- Attorney
Kassa David $296,000 Brokers Title Of Orlando Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Alexander $88,000
Previous Owner Kassa David $236,792
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2018 08/17/18 Off Market $110,000 -- --
07/18/2017 07/18/17 Sold $110,000 -11.9% $65 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $124,900 -- $74 / 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 $1,627 $218,500 $100 $218,400
2024 $1,910 $230,000 $100 $229,900
2023 $1,910 $222,000 $100 $221,900
2022 $2,392 $147,143 $0 $0
2021 $2,060 $133,766 $0 $0
2020 $1,917 $130,000 $100 $129,900
2018 $1,604 $100,500 $100 $100,400
2017 $1,488 $87,115 $0 $0
2016 $1,464 $79,195 $0 $0
2015 $1,334 $71,995 $0 $0
2014 $1,333 $65,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cathy Morrison

    Seller's Agent in 2017

    Cathy Morrison

    AUSTIN DEANE REALTY INC

    (863) 698-2329

    34 Total Sales

    Cathy Morrison
    Section Image

  • J

    Buyer's Agent in 2017

    Juan Sosa-Rios

    LPT REALTY, LLC

    (407) 802-0815

    25 Total Sales

    Juan Sosa-Rios
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4720328

Stellar MLS

APN: 27-26-02-701011-003120

Florida Polk County Davenport 33896

502 Terrace Ridge Cir Unit 502, Davenport, FL

This home is located at 502 Terrace Ridge Cir Unit 502, Davenport, FL 33896 since 28 April 2017 and is currently estimated at $242,591, approximately $143 per square foot. This property was built in 2005. 502 Terrace Ridge Cir Unit 502 is a home located in Polk County with nearby schools including Davenport School Of The Arts, Loughman Oaks Elementary School, and Dundee Elementary Academy.

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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