NOT LISTED FOR SALE

778 Terrace Spring Dr Orlando, FL 32828

Timber Springs Neighborhood

Estimated Value: $367,064 - $401,000

4 Beds
2.5 Baths
1,682 Sq Ft
$225/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $240,000 $143 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,421/month

44 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Property is near public transit
  • Timber Lakes Elementary School Rated A-
  • Open Floorplan
  • Attic

About This Home

As of June 2018

Come see this immaculate 4 bedroom 2 1/2 bath Townhouse in the lovely and private gated community of Woodland Terrace at Timber Springs. This townhouse is very well maintained and ready to be called home. It offers a practical floor plan. Master Bedroom on the first floor along with 1/2 a bath. 3 bedrooms 1 bathroom and a loft upstairs. This home is waiting on you to put the finishing touches to make this your dream home. This corner unit is down the street from community pool. Close to it all, amazing schools, shopping and sought after Avalon Park!

Last Agent to Sell the Property

Italo Rojas

RE/MAX INNOVATION License #3070223 Listed on: 03/06/2018

Last Buyer's Agent

Deanna Armel

ARMEL REAL ESTATE INC License #3187180

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 2013

Lot Details

  • 4,028 Sq Ft Lot
  • Mature Landscaping
  • Irrigation
  • Zero Lot Line
  • Land Lease expires 6/30/18

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,682 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Loft
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool
  • Auto Pool Cleaner

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • Timber Lakes Elementary School
  • Avalon Middle School
  • Timber Creek High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance, recreational facilities
  • $100 Other Monthly Fees
  • Woodland Ter/Timber Spgs A G Subdivision

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,788

Year Built

Built in 2013

Lot Details

0

HOA Fees

$198 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1682
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 2013
  • Building Area Total: 2099
  • Lot Size Sq Ft: 4028
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5564859&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5564859&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Other Fees Amount: 100
  • Ratio: Close Price\List Price: 0.97601
  • Price per Sq Ft: 142.69
  • Close to Original List Price Ratio: 0.97601
  • Ratio: Current Price\Building Area Total: 114.34
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Window Features: Blinds
  • Room Count: 7
  • Additional Rooms: Attic, Loft
  • ResoLivingAreaSource: Owner

Exterior Features

  • Pool Features: Auto Cleaner, Gunite, In Ground
  • Exterior Features: Irrigation System, Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0295F
  • Disclosures: HOA/PUD/Condo Disclosure, Other

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Playground, Pool, Tennis Courts
  • Association Amenities: Gated, Playground, Recreation Facilities, Tennis Court(s)
  • Association Fee: 198
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Other Fees Term: Quarterly
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2776
  • Monthly HOA Fee: 198
  • Total Monthly Fees: 231.33

Schools

  • Elementary School: Timber Lakes Elementary
  • High School: Timber Creek High
  • Middle Or Junior School: Avalon Middle

Lot Info

  • Zoning: P-D
  • Parcel Number: 31-22-32-9797-00-010
  • Additional Parcels: No
  • Lot Features: Corner Lot, Near Public Transit, Sidewalk, Zero Lot Line
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Land Lease Expiration Date: 2018-06-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1800
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 2788
  • Tax Block: 0000
  • Tax Book Number: 62-64
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2018
Closed on
Jun 26, 2018
Sold by
Damery Eric
Bought by
Alterio Timothy and Alterio Stella
Seller's Agent
Italo Rojas
RE/MAX INNOVATION
Buyer's Agent
Deanna Armel
ARMEL REAL ESTATE INC
List Price
$245,900
Sold Price
$240,000
Premium/Discount to List
-$5,900
-2.4%
Current Estimated Value
$378,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,516
Avg. Annual Appreciation
6.24%
Original Mortgage
$216,000
Outstanding Balance
$187,610
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$190,906

Purchase Details

Closed on
Jun 3, 2016
Sold by
Seher Sally
Bought by
Damery Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2013
Sold by
Equity Woodland Llc
Bought by
Seher Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,289
Interest Rate
3.43%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alterio Timothy $240,000 Security National Title And
Damery Eric $195,000 Oliver Title Law
Damery Eric $195,000 Oliver Title Law
Seher Sally $183,052 Universal Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alterio Timothy $216,000
Previous Owner Damery Eric $146,250
Previous Owner Seher Sally $137,289
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2018 06/26/18 Sold $240,000 -2.4% $143 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $245,900 -- $146 / 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 $2,950 $213,885 -- --
2024 $2,745 $207,857 -- --
2023 $2,745 $196,116 $0 $0
2022 $2,630 $190,404 $0 $0
2021 $2,588 $184,858 $0 $0
2020 $2,462 $182,306 $26,000 $156,306
2019 $2,593 $182,448 $25,000 $157,448
2018 $2,909 $160,863 $22,000 $138,863
2017 $2,788 $152,626 $17,500 $135,126
2016 $2,007 $160,960 $30,000 $130,960
2015 $2,037 $151,995 $30,000 $121,995
2014 $2,082 $141,348 $30,000 $111,348
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2018

    Italo Rojas

    RE/MAX

  • Deanna Armel

    Buyer's Agent in 2018

    Deanna Armel

    ARMEL REAL ESTATE INC

    (407) 509-3812

    178 Total Sales

    Deanna Armel
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Map

Source: Stellar MLS

MLS Number: O5564859

Stellar MLS

APN: 31-2232-9797-00-010

Florida Orange County Orlando 32828 Timber Springs

778 Terrace Spring Dr, Orlando, FL

Not Listed for Sale

Townhouses

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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