NOT LISTED FOR SALE

605 Terrace Ridge Cir Unit 113 Davenport, FL 33896

Estimated Value: $205,000 - $225,000

2 Beds
2 Baths
1,261 Sq Ft
$381/mo HOA Fee

Last Sold December 17, 2020

Last sale price $160,000 $127 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,688/month

39 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Gated Community
  • Florida Architecture
  • Recreation Facilities

About This Home

As of December 2020

FLORIDA VACATION RETREAT! This is YOUR chance to own a BEAUTIFUL FULLY FURNISHED Condo, 2 BR/ 2 BA, first floor condo in the popular gated Terrace Ridge community in sunny FLORIDA. This unit would make a GREAT turn-key investment property or a lovely place to call home. 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.The living area is bright with a comfortable sofa and love seat for lounging, spacious dining area with sliding doors that open to a screened patio and a built-in desk area for catching up on screen time. New double pained energy efficient tinted windows have also been installed, along with a newer hot water heater. The spacious fully equipped kitchen (all housewares included) 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 PLAN offers an elegant master suite with walk-in closets as well as a bathroom offering walk-in shower and a tub shower - ideal when everybody is trying to get ready at the same time! The second bedroom has its own private hallway as well as full second bath so is ideally positioned for either additional family members or roommates to have their own separate space. The building is well maintained by the COA with new roof and exterior painting completed within the last 2 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 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: 09/10/2020

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Susan Brown

COLDWELL BANKER REALTY License #3422276

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,449

Year Built

  • Built in 2005

Lot Details

  • East Facing Home
  • Irrigation

HOA Fees

  • $381 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,261 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, manager, pool maintenance, private road, recreational facilities, sewer, water
  • Fresidential Association, Phone Number (407) 644-0010
  • Terrace Ridge At Town Center East Condo Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,449

Year Built

Built in 2005

Lot Details

0

HOA Fees

$381 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities, Sewer, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1261
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 683
  • Directions to Property: Go west on I-4 to Champions Gate Blvd/Osceola Polk Line Road. (exit 58). 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 6.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3263924?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3263924?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99071
  • Price per Sq Ft: 126.88
  • Close to Original List Price Ratio: 0.99071
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • 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: 2
  • Levels: One
  • Stories: 3
  • Street Number Modifier: 605
  • Room Count: 5

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Front Porch
  • 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, 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: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Pool, Sidewalk
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Recreation Facilities, Spa/Hot Tub
  • Association Fee: 381
  • Association Fee Frequency: Monthly
  • Association Name: fresidential
  • Phone: 407-644-0010 ext
  • Association: Yes
  • Senior Community: No
  • Association Email: alfred.alicea@fresidential.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 4572
  • Monthly HOA Fee: 381
  • Total Monthly Fees: 381

Lot Info

  • Parcel Number: 27-26-02-701011-001130
  • 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
  • Approval Process: SEE HOA
  • Pet Restrictions: SEE HOA. One domesticated cat allowed
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: SEE HOA

Tax Info

  • Tax Annual Amount: 1449.26
  • Tax Book Number: 6192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Dec 16, 2020
Sold by
Young Daniel C and Young Mary Olivia
Bought by
Hettrick Celeste Monique and Williems Nadine
Seller's Agent
Mary Purkiser
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Susan Brown
COLDWELL BANKER REALTY
List Price
$161,500
Sold Price
$160,000
Premium/Discount to List
-$1,500
-0.93%
Current Estimated Value
$210,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,325
Avg. Annual Appreciation
5.78%
Original Mortgage
$152,000
Outstanding Balance
$135,325
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$75,000

Purchase Details

Closed on
Feb 3, 2010
Sold by
Miller Angela
Bought by
Young Daniel C and Young Mary Olivia

Purchase Details

Closed on
Dec 13, 2005
Sold by
Pearson Neil and Pearson Deborah
Bought by
Miller Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2005
Sold by
D R Horton Inc
Bought by
Pearson Neil and Pearson Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,192
Interest Rate
6.25%
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
Hettrick Celeste Monique $160,000 Mti Title Insurance Agcy Inc
Young Daniel C $75,000 Watson Title Services Inc
Miller Angela $230,000 Stewart Title Of Four Corner
Pearson Neil $189,000 Brokers Title Of Orlando Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hettrick Celeste Monique $152,000
Previous Owner Miller Angela $149,000
Previous Owner Pearson Neil $151,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $160,000 -0.9% $127 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $161,500 -- $128 / 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 $2,453 $173,496 -- --
2024 $2,397 $157,724 -- --
2023 $2,397 $143,385 $0 $0
2022 $2,066 $130,350 $0 $0
2021 $1,818 $118,500 $100 $118,400
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: T3263924

Stellar MLS

APN: 27-26-02-701011-001130