NOT LISTED FOR SALE

703 Terrace Ridge Cir Unit 417 Davenport, FL 33896

Estimated Value: $221,362 - $237,000

2 Beds
2 Baths
1,261 Sq Ft
$502/mo HOA Fee

Last Sold July 10, 2024

Last sale price $238,000 $189 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,928/month

191 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Private Lot
  • Gated Community
  • Clubhouse
  • Florida Architecture

About This Home

As of July 2024

This is a great opportunity to own this beautiful condo in pristine condition. Terrace Ridge community is located near Champion's Gate, Disney World, Celebration, restaurants, shopping nearby and close to I4. This condo is located on the ground floor for easy access. It has two spacious bedrooms and two bathrooms. The master bedroom has an ensuite with a large walk in shower along with a separate tub and a large walk in closet. The second bedroom also has its own bathroom with a Queen sized bed. The living and dining room are open to the kitchen. The kitchen has newer appliances and comes fully equipped making it ready to move in. There is a separate laundry room which includes washer and dryer with pedestals. The flooring consists of ceramic tile throughout with carpeting in the bedrooms. Additionally, the hot water tank has been replaced as well as a wifi thermostat so you can set the temperature wherever you are with your phone. The windows have been upgraded to double pane. The patio is tiled and screened with a door to the outside. The unit is fully furnished-ready to move in. Residents and guests have full access to the heated pool, hot tub, exercise room, games room and clubhouse. Included in your condo fees are wifi, cable, valet trash removal and water. This community is gated and well maintained. All condo buildings are of full concrete block construction. The community only allows electric grills and one dog up to 25 pounds. One cat is also allowed. FULLY FURNISHED - ZONED FOR SHORT AND LONG TERM RENTAL. READY AND WAITING FOR YOU!!

Last Agent to Sell the Property

Nolvia Gaspar

VIVA ORLANDO REALTY INC. Brokerage Phone: 407-922-4620 License #509262 Listed on: 11/30/2023

Last Buyer's Agent

Cesar Arteaga

MORE HOMES LLC License #3521717

MORE HOMES LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 2005

Lot Details

  • West Facing Home
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $502 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,261 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • Common or Shared Parking
  • On-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Private Mailbox

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, pool, internet, maintenance structure, ground maintenance, pest control, sewer, trash, water
  • Terrace Ridge Condo Association/Alfred Alicea Association, Phone Number (407) 644-0010
  • Terrace Ridge At Town Center East Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse
  • Elevator
  • Community Mailbox

Recreation

  • Fitness Center
  • Community Pool
  • Dog Park

Pet Policy

  • Pets up to 25 lbs
  • Pet Size Limit
  • 2 Pets Allowed
  • Dogs and Cats Allowed

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,951

Year Built

Built in 2005

Lot Details

0

HOA Fees

$502 per month

Listing Details

  • HOA Fee Includes: Cable TV, Pool, Internet, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Florida
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1261
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1341
  • Lot Size Sq Ft: 683
  • Directions to Property: From I4 exit 58, go East on Championsgate Blvd, to Right on Old Wilson Rd, to Left on Town Center then Left on Terrace Ridge.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Celebration
  • Escrow Postal Code: 34747
  • Escrow State: FL
  • Escrow Street Name: Celebration Ave, Suite 150
  • Escrow Street Number: 720
  • Floor Number: 1
  • List Office Head Office Key Nume: 160133437
  • Minimum Lease: 1-7 Days
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 188.74
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 1
  • AG Exemption YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-922-4620
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 3
  • Window Features: Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Low Emissivity Windows, Window Treatments
  • Street Number Modifier: 703
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility,Storage Rooms
  • Living Area Meters: 117.15
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Private Mailbox, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2016-12-22

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Common, On Street

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Community Mailbox, Deed Restrictions, Dog Park, Fitness Center, Gated Community - No Guard, Pool, Sidewalks
  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Maintenance, Pool
  • Association Fee: 501.91
  • Association Fee Frequency: Monthly
  • Association Name: Terrace Ridge Condo Association/Alfred Alicea
  • Phone: 407-644-0010
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Walk pet with a leash, clean up after your pet.
  • Association Fee Requirement: Required
  • Building Name Number: 7
  • Condo Fees: 0
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: alfred.alicea@fsresidential.c
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 6022.92
  • Total Monthly Fees: 501.91
  • Monthly HOA Amount: 501.91

Lot Info

  • Zoning: RES
  • Parcel Number: 27-26-02-701011-004170
  • Additional Parcels: No
  • Lot Features: In County, Landscaped, Sidewalk, Paved, Private
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 63
  • Zoning Compatible YN: 1

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1951
  • Tax Block: 004
  • Tax Book Number: 6192/1845
  • Tax Lot: 170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2023
Closed on
Jul 10, 2024
Sold by
Martinson Arnold and Martinson Linda
Bought by
Cruz Santos and Escorbores Neidy Carmilia
Seller's Agent
Nolvia Gaspar
VIVA ORLANDO REALTY INC.
Buyer's Agent
Cesar Arteaga
MORE HOMES LLC
List Price
$252,000
Sold Price
$238,000
Premium/Discount to List
-$14,000
-5.56%
Views
311
Current Estimated Value
$226,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,974
Avg. Annual Appreciation
-4.88%
Original Mortgage
$178,500
Outstanding Balance
$176,697
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$48,894

Purchase Details

Closed on
Jul 12, 2010
Sold by
Hinchman Martin
Bought by
Martinson Arnold and Martinson Linda

Purchase Details

Closed on
Dec 6, 2005
Sold by
D R Horton Inc
Bought by
Hinchman Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,040
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cruz Santos $238,000 Stewart Title
Cruz Santos $238,000 Stewart Title
Martinson Arnold $68,000 Florida Title & Abstract
Hinchman Martin $219,000 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz Santos $178,500
Closed Cruz Santos $178,500
Previous Owner Hinchman Martin $208,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $238,000 0.0% $189 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $238,000 -1.7% $189 / Sq Ft
04/30/2024 04/30/24 Price Changed $242,000 -1.4% $192 / Sq Ft
03/22/2024 03/22/24 Price Changed $245,500 -1.3% $195 / Sq Ft
01/02/2024 01/02/24 Price Changed $248,800 -1.3% $197 / Sq Ft
11/30/2023 11/30/23 For Sale $252,000 -- $200 / 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
2023 $2,272 $127,095 $0 $0
2022 $1,951 $115,541 $0 $0
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

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: S5095572

Stellar MLS

APN: 27-26-02-701011-004170