NOT LISTED FOR SALE

503 Terrace Ridge Cir Unit 313 Davenport, FL 33896

Estimated Value: $233,815 - $266,000

4 Beds
2 Baths
1,688 Sq Ft
$502/mo HOA Fee

Last Sold June 15, 2020

Last sale price $170,000 $101 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,007/month

14 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Elevator
  • Gated Community
  • Community Pool
  • Balcony

About This Home

As of June 2020

Full 4 bed 2 bath condo located in the very popular and gated community of Terrace Ridge. This first floor condo is spacious with over 1600 sq ft. This condo will make a wonderful investment, residence or short term rental as it is ideally located close to all the attractions and zoned for short term rentals. There is a community pool, hot tub and clubhouse and gym too!

Last Agent to Sell the Property

Monica Fonseca

LA ROSA REALTY CENTRAL FLORIDA License #3272655 Listed on: 01/06/2020

LA ROSA REALTY CENTRAL FLORIDA

Co-Listed By

Oscar Fonseca

JEMCO REALTY & PROPERTY MANAGEMENT License #3226564

Last Buyer's Agent

Monica Fonseca

LA ROSA REALTY CENTRAL FLORIDA License #3272655 Listed on: 01/06/2020

LA ROSA REALTY CENTRAL FLORIDA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 2005

Lot Details

  • 871

HOA Fees

  • $502 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Ridgeview Elementary School
  • Discovery Academy Of Lake Alfred Middle School
  • Ridge Community Senior High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • North Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, internet, trash, water
  • Alfred Alicea Association, Phone Number (407) 644-0010
  • Terrace Ridge At Town Center East Condo Subdivision

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 30 lbs
  • 2 Pets Allowed

Additional Features

  • Elevator
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,820

Year Built

Built in 2005

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • HOA Fee Includes: Cable TV, Internet, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1688
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 683
  • Directions to Property: Head west on 192 Irlo Bronson Mem Highway, turn onto N Old Lake Wilson Rd, continue on Lake Wilson Rd, then turn left onto Town Center Blvd, continue to gates to Terrace Ridge on left. Gate code required. Once in through gates turn right to block 2.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5834540?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5834540?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97143
  • Price per Sq Ft: 100.71
  • Close to Original List Price Ratio: 0.97143
  • View: No
  • Co List Office Mls Id: 261014090
  • Co List Office Phone: 407-362-6290
  • Ownership: Condominium
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 503
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Pool
  • Association Fee: 502
  • Association Fee Frequency: Monthly
  • Association Name: Alfred Alicea
  • Phone: 4076440010
  • Association: Yes
  • Senior Community: No
  • Association Email: Alfred.Alicea@fsresidential.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6024
  • Monthly HOA Fee: 502
  • Total Monthly Fees: 502

Schools

  • Elementary School: Ridgeview Elem
  • High School: Ridge Community Senior High
  • Middle Or Junior School: Discovery Academy of Lake Alfred

Lot Info

  • Parcel Number: 27-26-02-701011-003130
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 30
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1819.64
  • Tax Book Number: 7873/1688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
May 1, 2020
Sold by
Aramburo Esteban Jaramillo and Aramburo Maria Lucia
Bought by
Valcarcel Julio Diaz and Velez Lucelinda Garcia
Seller's Agent
Monica Fonseca
LA ROSA REALTY CENTRAL FLORIDA
Buyer's Agent
Monica Fonseca
LA ROSA REALTY CENTRAL FLORIDA
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%
Current Estimated Value
$249,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,954
Avg. Annual Appreciation
7.44%
Original Mortgage
$164,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2018
Closed on
May 11, 2018
Sold by
Madsen Guy A and Madsen Patricia A
Bought by
Jaramillo Aramburo Esteban Jaramillo and Jaramillo Aramburo Maria Lucia
Seller's Agent
Kathy Carlson
IMAGINATION REALTY, INC
Buyer's Agent
Jose Piedrahita
OLYMPUS EXECUTIVE REALTY INC
List Price
$140,000
Sold Price
$137,500
Premium/Discount to List
-$2,500
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Apr 19, 2010
Sold by
The Bank Of New York Mellon
Bought by
Madsen Guy A and Madsen Patricia A

Purchase Details

Closed on
Jun 17, 2009
Sold by
Dye Renny and Venturini Gianni
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 31, 2005
Sold by
D R Horton Inc
Bought by
Dye Renny and Venturini Gianni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,950
Interest Rate
6.87%
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
Valcarcel Julio Diaz $170,000 Integrity First Title
Jaramillo Aramburo Esteban Jaramillo $137,500 Attorney
Madsen Guy A $90,000 Attorney
The Bank Of New York Mellon -- None Available
Dye Renny $255,900 Brokers Title Of Orlando Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valcarcel Julio Diaz $164,750
Previous Owner Dye Renny $191,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2020 06/15/20 Sold $170,000 -2.9% $101 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $175,000 +27.3% $104 / Sq Ft
05/11/2018 05/11/18 Sold $137,500 -1.8% $81 / Sq Ft View Prior Sale
04/13/2018 04/13/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $140,000 -- $83 / 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 $2,339 $210,692 -- --
2024 $2,281 $204,754 -- --
2023 $2,281 $198,790 $0 $0
2022 $2,222 $193,000 $100 $192,900
2021 $2,102 $139,000 $100 $138,900
2020 $1,965 $130,000 $100 $129,900
2018 $1,565 $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

  • M

    Seller's Agent in 2020

    Monica Fonseca

    LA ROSA REALTY CENTRAL FLORIDA

    (407) 362-6290

    2 in this area

    9 Total Sales

    Monica Fonseca
    Section Image

  • O

    Seller Co-Listing Agent in 2020

    Oscar Fonseca

    JEMCO REALTY & PROPERTY MANAGEMENT

    (407) 508-2149

    4 in this area

    21 Total Sales

    Oscar Fonseca
    Section Image
  • Kathy Carlson

    Seller's Agent in 2018

    Kathy Carlson

    IMAGINATION REALTY, INC

    (321) 939-1300

    1 in this area

    233 Total Sales

    Kathy Carlson
    Section Image
  • Jose Piedrahita

    Buyer's Agent in 2018

    Jose Piedrahita

    OLYMPUS EXECUTIVE REALTY INC

    (407) 906-7253

    1 Total Sale

    Jose Piedrahita
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5834540

Stellar MLS

APN: 27-26-02-701011-003130

Florida Polk County Davenport 33896

503 Terrace Ridge Cir Unit 313, Davenport, FL

This home is located at 503 Terrace Ridge Cir Unit 313, Davenport, FL 33896 since 06 January 2020 and is currently estimated at $249,954, approximately $148 per square foot. This property was built in 2005. 503 Terrace Ridge Cir Unit 313 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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