NOT LISTED FOR SALE

5023 Terrace Palms Cir Unit 201 Tampa, FL 33617

Estimated Value: $155,556 - $171,000

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

Last Sold December 03, 2020

Last sale price $108,000 $123 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,230/month

31 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Walk-In Closet
  • King High School Rated A-
  • Balcony
  • Tile Flooring

About This Home

As of December 2020

**RENOVATED 2bd/2ba CONDO features new Laminate flooring, upgraded kitchen, stainless steel appliances, granite counter-tops, custom cabinets, fresh paint, new base boards, ceiling fans and new blinds.

Laminate floors are throughout the living room, kitchen, dining room, both bedrooms and walk-in closets! Ceramic tile are in both bathrooms. This 2nd floor unit has an open back patio with private views of open green space. Assigned parking space and has guest parking.

Low maintenance fees! Located conveniently near USF campus, Busch Gardens, Advent Hospital, The VA Hospital and Moffitt Cancer Center.

Last Agent to Sell the Property

Anand Tyagi

CHARLES RUTENBERG REALTY INC License #3458665 Listed on: 10/02/2020

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Kendra Wilson

BHHS FLORIDA PROPERTIES GROUP License #3364495

BHHS FLORIDA PROPERTIES GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1983

Lot Details

  • North Facing Home

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 879 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Baseboard Heating
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, maintenance repairs, pool maintenance, sewer, trash, water
  • Ky Martin Association
  • Terrace Palms Condo Subdivision
  • Association Owns Recreation Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,072

Year Built

Built in 1983

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 879
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 2
  • Directions to Property: Located across from USF Campus, on 50th Street between Fowler and Fletcher Ave - Community Name is Terrace Palms Condominium - Builidng L (back corner of the community)
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3267592?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3267592?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9566
  • Price per Sq Ft: 122.87
  • Close to Original List Price Ratio: 0.9482
  • View: No
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5023
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony, Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Baseboard, Central, Exhaust Fans
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Pool, Sidewalk
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Association Name: Ky Martin
  • Association: Yes
  • Senior Community: No
  • Association Email: KMartin@wisepropertymanagement.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

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

Lot Info

  • Zoning: SPI-UC-3
  • Parcel Number: U-10-28-19-1HB-000000-00L22.0
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 1-2 Years
  • Approval Process: Please verify all leasing questions/restrictions with the Management Company - Wise Property Management.
  • Pet Restrictions: Please verify pet restrictions with condo association - Wise Property Management.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Please contact Wise Property Management services for details on the approval process (813)968-5665.

Tax Info

  • Tax Annual Amount: 1072
  • Tax Block: 0000
  • Tax Book Number: CB05-46
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Dec 3, 2020
Sold by
Tyagi Anand
Bought by
Wright Kendra A
Seller's Agent
Anand Tyagi
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Kendra Wilson
BHHS FLORIDA PROPERTIES GROUP
List Price
$112,900
Sold Price
$108,000
Premium/Discount to List
-$4,900
-4.34%
Current Estimated Value
$162,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,139
Avg. Annual Appreciation
8.74%
Original Mortgage
$102,600
Outstanding Balance
$91,345
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$70,794

Purchase Details

Closed on
Nov 16, 2004
Sold by
Zhang Weillian
Bought by
Tyagi Anand K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,320
Interest Rate
5.57%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Wright Kendra A $108,000 Integrity Title & Guaranty
Tyagi Anand K $62,900 Sellers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright Kendra A $102,600
Previous Owner Tyagi Anand K $50,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $108,000 -4.3% $123 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $112,900 0.0% $128 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/14/2020 10/14/20 Price Changed $112,900 -0.9% $128 / Sq Ft
09/30/2020 09/30/20 For Sale $113,900 -- $130 / 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 $956 $95,742 -- --
2023 $911 $92,953 $0 $0
2022 $869 $90,246 $0 $0
2021 $845 $87,617 $100 $87,517
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 $727 $33,788 $0 $0
2013 -- $27,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3267592

Stellar MLS

APN: U-10-28-19-1HB-000000-00L22.0