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1011 Cormorant Terrace

1011 Cormorant Terrace, The Villages, FL 32162
Property in Wildwood
Sold May 22, 2020
$369,000
$177,000 by Citizens First Bank Inc
Mortgage Due Jun 01, 2050
Sold Jul 11, 2014
$312,600
1011 Cormorant Terrace in The Villages, FL was first built in 2010 and is 14 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. 1011 Cormorant Terrace has 1,433 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,205 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a attached garage. The garage is 382 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of block. The property was last sold in May 15, 2020 for $369,000. That's $203.31 per sqft. Prior to that sales transaction, the property was also sold in Jul 7, 2014 for $312,600. 1011 Cormorant Terrace was last assessed in 2023. The total value of the property was assessed at $248,830. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,703. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Bungalow
  • Exterior Walls Type: Block
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 382
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,205
  • Total Building Area: 1,815
  • Gross Building Area: 1,941
  • Building Area: 1,433
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,433
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE VILLAGES OF SUMTER EDGEWATER BUNGALO
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 74 THE VILLAGES OF SUMTER EDGEWATER BUNGALOWS PB 12 PGS 18-18D

Ownership

  • Current Owner : SPARKS CHRISTY
  • Previous Owner : LANGENBACH PAUL
  • Owner Before Previous Owner: BRAUN MICHAEL D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 911205

Geography

  • Parcel: D23F074
  • Lot: 74
  • Meridian: SEC 23 TWN 18S RNG 23E
  • Municipality: SUMTER COUNTY
  • Latitude: 28.9089
  • Longitude: -81.9809

    Address

  • Full Address: 1011 Cormorant Ter
  • Address - House Number: 1011
  • Address - Street Name: Cormorant
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: The Villages
  • Carrier Code: H077
  • 4-Digit Zip Code: 1746
  • Zip Code: 32162

Valuation

    Tax

  • Total Area: 1,744
  • Tax Year: 2023
  • Tax Amount: $2,703
  • Tax Rate Code Area: 5010

    Appraisal Valuation

  • Standard Deviation: 0.1529
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 494,295
  • High Value: 569,886
  • Low Value: 418,704

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $177,000
  • First Open Lien Mortgage Lender: CITIZENS FIRST BANK INC
  • First Open Lien Mortgage Recording Date: May 22, 2020
  • First Open Lien Mortgage Loan Amount: $177,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $386,750
  • Market Land Value: $75,690
  • Market Improvement Value: $311,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,830

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 22, 2020
  • Current Sale Transaction ID: 11762794665
  • Current Sale Price: $369,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202060022189
  • Previous Sale Recording Date: Jul 11, 2014
  • Previous Sale Contract Date: Jul 07, 2014
  • Previous Sale Amount: $312,600
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS FIRST BANK INC
  • First Mortgage Transaction Date: May 22, 2020
  • First Mortgage Loan Amount: $177,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

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Frequently Asked Questions

What neighborhood is 1011 Cormorant Terrace located in?
The 1011 Cormorant Terrace is a located in the neighborhood of Wildwood in The Villages, The Villages.
What is the average sales price for listings in 1011 Cormorant Terrace?
The average sales price for units in 1011 Cormorant Terrace is $0 currently.

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