NOT LISTED FOR SALE

5048 Terrace Palms Cir Unit 201 Tampa, FL 33617

Estimated Value: $142,926 - $167,000

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

Last Sold September 28, 2018

Last sale price $84,000 $96 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,253/month

4 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Guest Parking
  • King High School Rated A-
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of September 2018

Amazing oppotrunity to own close to USF- 2/2 Condo with fresh paint and brand new carpet!!! Unit is located in front of the complex for easy access into the community. The complex is located nearby to the University of South Florida, Busch Gardens, MOSI, Florida/Moffitt and VA Hospitals and both I-75 and I-275 for easy commutes to everywhere.

Last Agent to Sell the Property

John Simone

BAY AREA REAL ESTATE & RENTALS License #539751 Listed on: 08/24/2018

Co-Listed By

Megan Leavitt

BAY AREA REAL ESTATE & RENTALS License #3304417

Last Buyer's Agent

Becky Scott

KELLER WILLIAMS TAMPA PROP. License #3086953

KELLER WILLIAMS TAMPA PROP.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $903

Year Built

  • Built in 1983

Lot Details

  • 436

HOA Fees

  • $290 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 879 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range with Range Hood
  • Freezer
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance, pool maintenance, sewer, trash, water
  • Terrace Palms Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Pet Size Limit
  • 1 Pet Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$903

Year Built

Built in 1983

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Siding, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 879
  • New Construction: No
  • Year Built: 1983
  • Directions to Property: From Fowler, head north on 50th Street to Terrace Palms community, turn right into community, make immediate left and it is building 5048 on your right
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3126572&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3126572&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97788
  • Price per Sq Ft: 95.56
  • Close to Original List Price Ratio: 0.97788
  • View: No
  • Co List Office Mls Id: 697600
  • Co List Office Phone: 813-988-7355
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Freezer, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 5048
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0217H
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 290
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • 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-000000-00A24.0
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Pet Size: Very Small (Under 15 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 8-12 Months
  • Approval Process: Buyer to verify all lease restrictions with HOA
  • Num Timesper Year: 1
  • Pet Restrictions: Buyer to verify all pet restrictions with HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to verify all lease restrictions with HOA

Tax Info

  • Tax Annual Amount: 903
  • Tax Block: 0
  • Tax Book Number: CB05-46
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Netra Khanal
Bought by
Khanal Netra and Khanal Januka Dhungel
Current Estimated Value
$154,732

Purchase Details

Listed on
Aug 24, 2018
Closed on
Sep 28, 2018
Sold by
Groh Robin M
Bought by
Khanal Netra
Seller's Agent
John Simone
BAY AREA REAL ESTATE & RENTALS
Buyer's Agent
Becky Scott
KELLER WILLIAMS TAMPA PROP.
List Price
$85,900
Sold Price
$84,000
Premium/Discount to List
-$1,900
-2.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.04%
Original Mortgage
$58,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2004
Sold by
Evans David M
Bought by
Groh Robin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.65%
Mortgage Type
New Conventional
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
Khanal Netra -- None Listed On Document
Khanal Netra $84,000 Fidelity National Title Of F
Groh Robin M $50,000 Americas Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khanal Netra $58,800
Previous Owner Groh Robin M $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $84,000 -2.2% $96 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/23/2018 08/23/18 For Sale $85,900 -- $98 / 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 $1,710 $115,935 $100 $115,835
2023 $1,586 $109,864 $100 $109,764
2022 $1,445 $98,262 $100 $98,162
2021 $1,253 $73,014 $100 $72,914
2020 $1,181 $60,406 $100 $60,306
2019 $1,176 $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 $719 $33,146 $0 $0
2013 -- $30,133 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Simone

    BAY AREA REAL ESTATE & RENTALS

    (813) 988-7355

    12 in this area

    47 Total Sales

    John Simone
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Megan Leavitt

    BAY AREA REAL ESTATE & RENTALS

    (813) 988-7355

    1 Total Sale

    Megan Leavitt
    Section Image
  • Becky Scott

    Buyer's Agent in 2018

    Becky Scott

    KELLER WILLIAMS TAMPA PROP.

    (813) 833-8881

    2 in this area

    55 Total Sales

    Becky Scott
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3126572

Stellar MLS

APN: U-10-28-19-1HB-000000-00A24.0

Florida Hillsborough County Tampa 33617

5048 Terrace Palms Cir Unit 201, Tampa, FL

This home is located at 5048 Terrace Palms Cir Unit 201, Tampa, FL 33617 since 24 August 2018 and is currently estimated at $154,732, approximately $176 per square foot. This property was built in 1983. 5048 Terrace Palms Cir Unit 201 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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