NOT LISTED FOR SALE

504 Terrace Ridge Cir Unit 5 Davenport, FL 33896

Estimated Value: $258,000 - $284,000

4 Beds
2 Baths
1,688 Sq Ft
$505/mo HOA Fee

Last Sold August 26, 2021

Last sale price $224,900 $133 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,198/month

3 Days on Market

Highlights

  • Gated Community
  • Walk-In Closet
  • Sliding Doors
  • Community Pool
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2021

Your Search Stops Here! This is YOUR chance to own this unfurnished BEAUTIFUL 4 BR/ 2 BA, first floor condo in the popular gated Terrace Ridge community in sunny FLORIDA. This unit would make a GREAT investment property or a lovely place to call home. The living area with laminate floors is bright and sunny with lots of space for lounging or just entertaining guests. There is a spacious dining area, as well, also with laminate floors and sliding glass doors that open to a screened lanai. Located in the dining area is a built-in desk which would make a great place for catching up on your daily E-mails. The large workable kitchen has nicely updated appliances, plenty of cabinet space including a full-size pantry or storage closet and opens conveniently to the inside laundry room (washer and dryer also included). The condo's SPLIT FLOOR PLAN offers an elegant master suite with laminate floors, walk-in closet, as well as, an ensuite bath with large walk-in shower and double sinks. Your family and friends will enjoy the additional secondary bedrooms and the privacy of their own full bath. The building is well maintained by the COA with new roof and exterior painting completed within the last 3 years. Included in the COA are water, valet trash, basic cable and high-speed internet meaning that your only other monthly bill is electric - perfect for managing your budget and keeping your running costs low. Terrace Ridge is a GATED community that offers guests and owners use of its facilities which include a heated swimming pool and Jacuzzi with large pool area, spa, fitness center, volleyball court, game room and a clubhouse. It is ideally located just minutes to Disney, Universal, entertainment, shopping and dining with easy access to I-4 and SR429. Make your appointment today. You won't be disappointed.

Last Agent to Sell the Property

Mary Purkiser

CHARLES RUTENBERG REALTY INC License #3206661 Listed on: 07/26/2021

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Schamir Belhomme

AVENIR REAL ESTATE BROKERS LLC License #3405236

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 2005

Lot Details

  • East Facing Home
  • Irrigation
  • Condo Land Included

HOA Fees

  • $505 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,688 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include internet, maintenance structure, ground maintenance, trash, water
  • Terrace Ridge At Town Center East Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,965

Year Built

Built in 2005

Lot Details

0

HOA Fees

$505 per month

Listing Details

  • HOA Fee Includes: Internet, Maintenance Structure, Maintenance Grounds, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1688
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 683
  • Directions to Property: Take exit 58 off I-4 to exit 58 Champions Gate Blvd/Osceola Polk Line Road. Make a left at the traffic light then a right onto Lake Wilson Road, Left on Town Center Blvd. Go left through the gate to Terrace Ridge Circle to building 5.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3320250?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3320250?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.07146
  • Price per Sq Ft: 133.23
  • Close to Original List Price Ratio: 1.07146
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 504
  • Room Count: 8

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Lighting, Sliding Doors
  • 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
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Pool
  • Association: No
  • Senior Community: No
  • Condo Fees: 505
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 505
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 6060
  • Total Monthly Fees: 505

Lot Info

  • Parcel Number: 27-26-02-701011-003110
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1964.98
  • Tax Book Number: 6192/1845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Aug 26, 2021
Sold by
Mahoney Lorraine L
Bought by
Jarvis Stephen and Jarvis Assunta
Seller's Agent
Mary Purkiser
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Schamir Belhomme
AVENIR REAL ESTATE BROKERS LLC
List Price
$209,900
Sold Price
$224,900
Premium/Discount to List
$15,000
7.15%
Current Estimated Value
$272,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,526
Avg. Annual Appreciation
4.69%
Original Mortgage
$161,440
Outstanding Balance
$146,898
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$125,528

Purchase Details

Closed on
Apr 27, 2018
Sold by
Madsen Guy A and Madsen Patricia A
Bought by
Mahoney Lorraine L

Purchase Details

Closed on
Apr 19, 2007
Sold by
Crull Dennis A and Crull Peggy R
Bought by
Madsen Guy A and Madsen Patricia A

Purchase Details

Closed on
Aug 24, 2005
Sold by
D R Horton Inc
Bought by
Crull Dennis A and Crull Peggy R
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
Jarvis Stephen $224,900 Mti Title Insurance Agcy Inc
Mahoney Lorraine L $148,000 Sunbelt Title Agency
Madsen Guy A $210,000 Polk Professional Title Serv
Crull Dennis A $296,000 Brokers Title Of Orlando Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jarvis Stephen $161,440
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2021 08/26/21 Sold $224,900 +7.1% $133 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $209,900 -- $124 / 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 $3,180 $218,500 $100 $218,400
2024 $3,032 $230,000 $100 $229,900
2023 $3,032 $212,300 $0 $0
2022 $2,748 $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 2021

    Mary Purkiser

    CHARLES RUTENBERG REALTY INC

    (813) 469-4679

    4 in this area

    94 Total Sales

    Mary Purkiser
    Section Image
  • Schamir Belhomme

    Buyer's Agent in 2021

    Schamir Belhomme

    AVENIR REAL ESTATE BROKERS LLC

    (407) 403-1519

    1 in this area

    12 Total Sales

    Schamir Belhomme
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3320250

Stellar MLS

APN: 27-26-02-701011-003110

Florida Polk County Davenport 33896

504 Terrace Ridge Cir Unit 5, Davenport, FL

This home is located at 504 Terrace Ridge Cir Unit 5, Davenport, FL 33896 since 26 July 2021 and is currently estimated at $272,426, approximately $161 per square foot. This property was built in 2005. 504 Terrace Ridge Cir Unit 5 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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