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1202 Timber Trace Drive

1202 Timber Trace Drive, Wesley Chapel, FL 33543
Sold Oct 19, 2021
$373,000
$233,000 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2051
Sold Dec 21, 2009
$147,000
$150,160 by Franklin American Mortgage Co
Mortgage Due Jan 01, 2040
Local assessors in Wesley Chapel, FL have categorized 1202 Timber Trace Drive as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 6,600 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1202 Timber Trace Drive has a total of 1,890 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 418 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of asphalt. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. The property was last sold in Oct 12, 2021 for $373,000. That's $161.61 per sqft. Prior to that sales transaction, the property was also sold in Dec 9, 2009 for $147,000. 1202 Timber Trace Drive was last assessed in 2022. The total value of the property was assessed at $279,552. Specifically, the land the property is located on was valued at $60,720. While improvements on the property were assessed at a total of $218,832. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,800. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Block Exterior
Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,600
  • Total Building Area: 2,308
  • Gross Building Area: 2,308
  • Building Area: 1,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,890
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW POINTE PARCEL 7
  • Land Acres: 0.152
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEADOW POINTE PARCEL 7 UNIT 2 PB 31 PGS 76-80 LOT 35 BLOCK 2

Ownership

  • Current Owner : DEVARGAS JUAN F
  • Current Owner 2: DEVARGAS MARIA
  • Previous Owner : LEFAND SUSAN
  • Owner Before Previous Owner: MOSES KELVIN D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Pasco County School District
  • Census Tract: 032112

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 43
  • Subdivision Tract Number: 20
  • Parcel: 32-26-20-0020-00200-0350
  • Block: 2
  • Lot: 35
  • Meridian: SEC 32 TWN 26S RNG 20E
  • Municipality: MEADOW POINTE I COMM DEV DIST
  • Latitude: 28.1744
  • Longitude: -82.3349

    Address

  • Full Address: 1202 Timber Trace Dr
  • Legal Unit: 2
  • Address - House Number: 1202
  • Address - Street Name: Timber Trace
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Wesley Chapel
  • Carrier Code: R027
  • 4-Digit Zip Code: 6468
  • Zip Code: 33543

Valuation

    Tax

  • Total Area: 1,946
  • Tax Year: 2022
  • Tax Amount: $4,800
  • Tax Rate Code Area: 36MP

    Appraisal Valuation

  • Standard Deviation: 0.2055
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 421,970
  • High Value: 508,724
  • Low Value: 335,216

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $233,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 19, 2021
  • First Open Lien Mortgage Loan Amount: $233,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $279,552
  • Market Land Value: $60,720
  • Market Improvement Value: $218,832

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $279,552
  • Assessed Land Value: $60,720
  • Assessed Improvements Value: $218,832

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Transaction ID: 11860413407
  • Current Sale Price: $373,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021221847
  • Previous Sale Recording Date: Dec 21, 2009
  • Previous Sale Contract Date: Dec 09, 2009
  • Previous Sale Amount: $147,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 19, 2021
  • First Mortgage Loan Amount: $233,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Dec 21, 2009
  • Previous Mortgage Loan Amount: $150,160
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jan 01, 2040

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Frequently Asked Questions

What neighborhood is 1202 Timber Trace Drive located in?
The 1202 Timber Trace Drive is a house located in the neighborhood of Meadow Point in Meadow Point, Wesley Chapel.
What is the average sales price for listings in 1202 Timber Trace Drive?
The average sales price for units in 1202 Timber Trace Drive is $0 currently.

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