NOT LISTED FOR SALE

701 Terrace Ridge Cir Unit 701 Davenport, FL 33896

Estimated Value: $215,000 - $234,000

3 Beds
2 Baths
1,542 Sq Ft
$455/mo HOA Fee

Last Sold October 05, 2018

Last sale price $135,000 $88 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,859/month

2 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Main Floor Primary Bedroom
  • Heated In Ground Pool
  • Open Floorplan
  • End Unit

About This Home

As of October 2018

Beautifully presented three bedroom, two bathroom, ground floor condo being sold fully furnished and turn key ready. Currently set up as a vacation home this home is ready to turn an income or be used as your own personal home. The master bedroom has a good sized walk in closet and other bedrooms have good closet space. Monthly fee includes water and basic cable. From this condo there is easy access to the community pool and community buildings. With the up and coming Downtown Champions Gate area featuring new shops and restaurants just a few minutes drive and the Disney parks and Orlando attractions being an easy 15 minute drive away then location, location, location are the words for this home.

Last Agent to Sell the Property

Nick Flint

CHAMPION HOMES License #3242956 Listed on: 09/06/2018

Last Buyer's Agent

Joshua Gorsuch

REAL BROKER, LLC License #3341231

REAL BROKER, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 2005

Lot Details

  • End Unit

HOA Fees

  • $455 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,542 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Open Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, pool maintenance
  • Terrace Ridge At Town Center East Condo Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, no truck, recreational vehicles, or motorcycle parking

Amenities

  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Breed Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,378

Year Built

Built in 2005

Lot Details

0

HOA Fees

$455 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1542
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1612
  • Lot Size Sq Ft: 683
  • Directions to Property: From I4 exit 58 Champions Gate take 532 East. At turn signal turn right at Old Lake Wilson Rd, 0.5 mile left on Town Center, left into Terrace Ridge Gate, left at circle, Block 7 is second building on right
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5731387&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5731387&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 87.55
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 83.75
  • View: No
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 701
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Heated, In Ground
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0125H
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Guest, Off Street, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, No Truck/RV/Motorcycle Parking, Pool, Sidewalk, Special Community Restrictions
  • Association Fee: 454.57
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5454.84
  • Monthly HOA Fee: 454.57
  • Total Monthly Fees: 454.57

Lot Info

  • Zoning: RES
  • Parcel Number: 27-26-02-701011-004180
  • Additional Parcels: No
  • Lot Features: In County, Level
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 25
  • Minimum Lease: No Minimum
  • Pet Restrictions: The HOA has specific pet restrictions and these restrictions should be confirmed with the HOA
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1378
  • Tax Book Number: 6192/1845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 5, 2018
Sold by
Richardson Peter and Richardson Carole
Bought by
Rohan Monique
Seller's Agent
Nick Flint
CHAMPION HOMES
Buyer's Agent
Joshua Gorsuch
REAL BROKER, LLC
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$225,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,554
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Jan 13, 2017
Sold by
Thompson Emma
Bought by
Richardson Peter and Richardson Carole

Purchase Details

Closed on
Sep 23, 2013
Sold by
Thompson Gary and Thompson Emma
Bought by
Thompson Emma

Purchase Details

Closed on
Mar 30, 2011
Sold by
Bankunited
Bought by
Thompson Gary and Thompson Emma

Purchase Details

Closed on
Dec 9, 2010
Sold by
Leigh Dye Renny
Bought by
Bankunited

Purchase Details

Closed on
Dec 13, 2005
Sold by
D R Horton Inc
Bought by
Dye Renny Leigh and Venturini Gianni Elliott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,750
Interest Rate
7%
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
Rohan Monique $135,000 North American Title Company
Richardson Peter $118,000 North American Title Company
Thompson Emma -- Attorney
Thompson Gary $77,100 Lsi Title Agency Inc
Bankunited -- None Available
Dye Renny Leigh $236,000 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dye Renny Leigh $188,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $135,000 0.0% $88 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $135,000 -- $88 / 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 $2,649 $189,558 -- --
2024 $2,538 $172,325 -- --
2023 $2,538 $156,659 $0 $0
2022 $2,229 $142,417 $0 $0
2021 $1,976 $129,470 $0 $0
2020 $1,838 $122,000 $100 $121,900
2018 $1,553 $97,000 $100 $96,900
2017 $1,378 $75,402 $0 $0
2016 $1,372 $68,547 $0 $0
2015 $1,178 $62,315 $0 $0
2014 $1,200 $56,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5731387

Stellar MLS

APN: 27-26-02-701011-004180