NOT LISTED FOR SALE

604 Terrace Ridge Cir Unit 116 Davenport, FL 33896

Estimated Value: $204,536 - $217,000

2 Beds
2 Baths
1,261 Sq Ft
871 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $145,000 $115 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,277/month

56 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Walk-In Closet
  • Senior Community
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of January 2021

PRICE TO SELL This beautiful fully Furnished 2 bedrooms 2 bathrooms home on the First Floor with maple Laminate Flooring throughout. Huge master bedroom and bathroom with double vanity sinks, separate Garden Tub and Shower. Save on utility cost all year round with double pane energy efficient windows throughout. This is a split floor plan unit with both bedrooms having private bathrooms and huge walk in closets. Lots of closet storage spaces. The unit also comes with a screened in patio for relaxation.
The property has multi uses as a Primary Residence, Vacation home or an Investment property.
Located behind the gates of Terrace Ridge community featuring a Fitness Center, Pool and Sand Volley ball court
Conveniently located in the heart of Champions Gate with easy access to the Interstate 4 and within minutes to Disney, Sea World and the Premium Outlet Shopping Mall.
The monthly HOA fees of $380.82 includes Water, Cable, Internet and Low Property Taxes $1531.00

Last Agent to Sell the Property

Wayne Myers

EMPIRE NETWORK REALTY License #3048694 Listed on: 09/25/2020

EMPIRE NETWORK REALTY

Last Buyer's Agent

Wayne Myers

EMPIRE NETWORK REALTY License #3048694 Listed on: 09/25/2020

EMPIRE NETWORK REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 2005

Lot Details

  • 871

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,261 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Schools

  • Loughman Oaks Elementary School
  • Shelley S. Boone Middle School
  • Ridge Community Senior High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 27-26-02-701011-001160

Community Details

Overview

  • Senior Community
  • Property has a Home Owners Association
  • Association fees include cable TV, community pool
  • First Service Residential Services /Alfred Alicea Association, Phone Number (407) 644-0010
  • Association Approval Required

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed
  • Pets up to 10 lbs

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,531

Year Built

Built in 2005

Lot Details

0

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Living Area: 1261.00
  • Lot Size Acres: 0.02
  • Year Built: 2005
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5895080?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5895080?w=Customer
  • Lot Size Sq Ft: 683
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5895080?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 6
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Floor Number: 1
  • Levels: One
  • Stories: 1
  • Living Area Meters: 117.15

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community
  • Building Name Number: 6
  • Condo Fees: 381
  • Condo Fees Term: Monthly
  • Condo Land Included: Yes
  • Max Pet Weight: 10
  • Monthly Condo Fee Amount: 381
  • Association Approval Required: Yes
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: First Service Residential Services /Alfred Alicea
  • Phone: 407-644-0010
  • Association: Yes
  • Senior Community: Yes
  • Association Email: alfred.alicea@fsresidential.com
  • Association Website: http://frssouth.com

Fee Information

  • Total Annual Fees: 4572.00
  • Total Monthly Fees: 381.00

Schools

  • Elementary School: Loughman Oaks Elem
  • Middle School: Shelley S. Boone Middle
  • High School: Ridge Community Senior High
  • Elementary School: Loughman Oaks Elem
  • High School: Ridge Community Senior High
  • Middle Or Junior School: Shelley S. Boone Middle

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Parcel Number: 27-26-02-701011-001160
  • Lot Size Square Meters: 63

Rental Info

  • Minimum Lease: 8-12 Months
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Lender's Pre-Approval

Tax Info

  • Tax Annual Amount: 1531.00
  • Tax Book Number: 116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Jan 15, 2021
Sold by
Gervasi Bruno and Gervasi Palma
Bought by
Nunez Aracelis and Nunez Julian
Seller's Agent
Wayne Myers
EMPIRE NETWORK REALTY
Buyer's Agent
Wayne Myers
EMPIRE NETWORK REALTY
List Price
$158,900
Sold Price
$145,000
Premium/Discount to List
-$13,900
-8.75%
Current Estimated Value
$212,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,634
Avg. Annual Appreciation
8.66%
Original Mortgage
$108,750
Outstanding Balance
$97,282
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$115,352

Purchase Details

Closed on
Aug 25, 2010
Sold by
The Bank Of New York Mellon
Bought by
Gervasi Bruno and Gervasi Palma

Purchase Details

Closed on
Jan 21, 2010
Sold by
Garcia Estervina
Bought by
The Bank Of New York

Purchase Details

Closed on
Sep 22, 2009
Sold by
Garcia Estervina
Bought by
The Bank Of New York

Purchase Details

Closed on
Sep 30, 2005
Sold by
D R Horton Inc
Bought by
Garcia Estervina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,091
Interest Rate
5.84%
Mortgage Type
Balloon
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
Nunez Aracelis $145,000 First American Title Ins Co
Gervasi Bruno $57,000 Attorney
The Bank Of New York -- Attorney
The Bank Of New York -- Attorney
Garcia Estervina -- Dhi Title Of Florida Inc
Garcia Estervina $229,000 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Aracelis $108,750
Previous Owner Garcia Estervina $206,091
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $145,000 -3.3% $115 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
10/29/2020 10/29/20 Price Changed $149,900 -3.3% $119 / Sq Ft
10/23/2020 10/23/20 Price Changed $155,000 -2.5% $123 / Sq Ft
09/25/2020 09/25/20 For Sale $158,900 -- $126 / 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 $1,426 $167,092 -- --
2023 $1,426 $162,225 $0 $0
2022 $1,374 $157,500 $100 $157,400
2021 $1,710 $105,037 $0 $0
2020 $1,594 $111,000 $100 $110,900
2018 $1,396 $96,000 $100 $95,900
2017 $1,284 $71,741 $0 $0
2016 $1,284 $65,219 $0 $0
2015 $943 $59,290 $0 $0
2014 $1,020 $53,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5895080

Stellar MLS

APN: 27-26-02-701011-001160