NOT LISTED FOR SALE

5040 Terrace Palms Cir Unit 101 Tampa, FL 33617

Estimated Value: $145,000 - $159,000

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

Last Sold June 08, 2020

Last sale price $85,000 $97 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,262/month

59 Days on Market

Highlights

  • Community Pool
  • Walk-In Closet
  • Sliding Doors
  • King High School Rated A-
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2020

LOCATION! LOCATION! LOCATION! 2 bedroom/2 bathroom condominium conveniently located across from USF, and in close proximity to major highways, shopping, restaurants and hospitals. Split bedroom plan. Perfect for college student or first time home buyer.

Last Agent to Sell the Property

Bob Piccirilli

UNIVERSITY REALTY OF TAMPA License #153239 Listed on: 03/25/2020

Last Buyer's Agent

Brian Bernhard

COLDWELL BANKER REALTY License #562194

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,145

Year Built

  • Built in 1983

Lot Details

  • North Facing Home

HOA Fees

  • $290 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Steel Frame
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 879 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Pizzo Elementary School
  • Greco Middle School
  • King High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, pool maintenance, sewer, trash, water
  • Wise Property Management Association, Phone Number (813) 968-5665
  • Terrace Palms Condo Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,145

Year Built

Built in 1983

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Metal Frame, Stucco, Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 879
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 874
  • Directions to Property: From I-275 and Fowler Avenue, east on Fowler Avenue to North on 50th Street, to right on Terrace Palms Circle, to left on Terrace Palms Circle, to right on Terrace Palms Circle to unit on right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3233772?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3233772?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94549
  • Price per Sq Ft: 96.7
  • Close to Original List Price Ratio: 0.89474
  • 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), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5040
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: 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

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Connected, 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: Pool
  • Association Name: Wise Property Management
  • Phone: 813-968-5665
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 290
  • Condo Fees Term: Monthly
  • Association Email: kmartin@wisepropertymanagement.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 290
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

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

Schools

  • Elementary School: Pizzo-HB
  • High School: King-HB
  • Middle Or Junior School: Greco-HB

Lot Info

  • Zoning: SPI-UC-3
  • Parcel Number: U-10-28-19-1HB-000000-00B14.0
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 8-12 Months
  • Approval Process: Contact property manager for leasing restrictions and approval process 813-968-5665.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact property manager for leasing restrictions and approval process 813-968-5665.

Tax Info

  • Tax Annual Amount: 1145.01
  • Tax Block: 0
  • Tax Book Number: CB05-46
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Brown Yukie and Chb Enterprises Llc
Bought by
Florida Home Buyers Llc
Current Estimated Value
$151,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,676,745
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$1,525,429

Purchase Details

Listed on
Mar 25, 2020
Closed on
Jun 8, 2020
Sold by
Rudre Property Investments Inc
Bought by
Brown Yukie
Seller's Agent
Bob Piccirilli
UNIVERSITY REALTY OF TAMPA
Buyer's Agent
Brian Bernhard
COLDWELL BANKER REALTY
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%

Purchase Details

Closed on
Mar 29, 2016
Sold by
Perkins Paul T and Perkins Denise J
Bought by
Rudre Property Investments Inc

Purchase Details

Closed on
Jun 26, 2008
Sold by
Sanguedolce Rocky
Bought by
Perkins Paul T and Perkins Denise J
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
Florida Home Buyers Llc $1,800,000 Viking Title
Brown Yukie $85,000 Fidelity Natl Ttl Of Fl Inc
Rudre Property Investments Inc $53,500 None Available
Perkins Paul T $75,000 Greater Bay Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Florida Home Buyers Llc $1,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2020 06/08/20 Sold $85,000 -5.5% $97 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/08/2020 05/08/20 Price Changed $89,900 -5.4% $102 / Sq Ft
03/25/2020 03/25/20 For Sale $95,000 -- $108 / 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 $1,681 $109,864 $100 $109,764
2022 $1,531 $98,262 $100 $98,162
2021 $1,333 $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

  • B

    Seller's Agent in 2020

    Bob Piccirilli

    UNIVERSITY REALTY OF TAMPA

    (813) 310-7595

    38 in this area

    101 Total Sales

    Bob Piccirilli
    Section Image
  • Brian Bernhard

    Buyer's Agent in 2020

    Brian Bernhard

    COLDWELL BANKER REALTY

    (813) 962-0631

    33 Total Sales

    Brian Bernhard
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3233772

Stellar MLS

APN: U-10-28-19-1HB-000000-00B14.0

Florida Hillsborough County Tampa 33617

5040 Terrace Palms Cir Unit 101, Tampa, FL

This home is located at 5040 Terrace Palms Cir Unit 101, Tampa, FL 33617 since 25 March 2020 and is currently estimated at $151,316, approximately $172 per square foot. This property was built in 1983. 5040 Terrace Palms Cir Unit 101 is a home located in Hillsborough County with nearby schools including Pizzo Elementary School, Greco Middle School, and King High School.

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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