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1206 Tropic Terrace

1206 Tropic Terrace, North Fort Myers, FL 33903
Property in Hancock
Sold Mar 19, 2021
$83,000
$78,850 by United Wholesale Mortgage
Mortgage Due Apr 01, 2051
Sold Apr 06, 2018
$76,000
$72,200 by Everett Financial Inc
Mortgage Due Apr 01, 2048
Local assessors in North Fort Myers, FL have categorized 1206 Tropic Terrace as a residential type of property. The home was built in 1965 and is 59 years old. The property's lot size has been calculated to be 10,216 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1206 Tropic Terrace has a total of 930 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 carport for those who need a place to park their vehicle. 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - D. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1206 Tropic Terrace sold most recently in Mar 5, 2021 for a total of $83,000. If you work out the math, that's approximately a cost of $89.25 per sqft. Before that, the property was also sold for $76,000 in Mar 28, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,409 in taxes each year. 1206 Tropic Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $85,092. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,216
  • Total Building Area: 930
  • Gross Building Area: 930
  • Building Area: 930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 930
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH FM HANCOCK BRIDGE
  • Land Acres: 0.235
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TROPIC TER UNITS 11 + 12 COND BLDG 12 OR 322 PG 713 APT 1206

Ownership

  • Current Owner : CHADD BAN
  • Current Owner 2: CHADD BAN LYNN
  • Previous Owner : ARREDONDO LIZETTE SARDINAS
  • Owner Before Previous Owner: VICKERS DWIGHT
  • Owner Before Previous Owner 2: VICKERS DIANE

Neighborhood

  • School District Name: Lee County School District
  • Census Tract: 020700

Geography

  • Assessors Map Reference: 15-9
  • Account Number: 10159879
  • Subdivision Tract Number: 21
  • Parcel: 09-44-24-21-01206.0000
  • Block: 1206
  • Meridian: SEC 09 TWN 44S RNG 24E
  • Municipality: NORTH FORT MYERS FIRE
  • Latitude: 26.6552
  • Longitude: -81.9143

    Address

  • Full Address: 1206 Tropic Ter
  • Legal Unit: 11
  • Address - House Number: 1206
  • Address - Street Name: Tropic
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: North Fort Myers
  • Carrier Code: C059
  • 4-Digit Zip Code: 5267
  • Zip Code: 33903

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,409
  • Tax Rate Code Area: 039

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 131,926
  • High Value: 159,568
  • Low Value: 104,284

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,850
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 19, 2021
  • First Open Lien Mortgage Loan Amount: $78,850
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $112,683
  • Market Improvement Value: $100,461

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,092

    Sales

  • Current Sale Contract Date: Mar 05, 2021
  • Current Sale Recording Date: Mar 19, 2021
  • Current Sale Transaction ID: 11825905961
  • Current Sale Price: $83,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021000087056
  • Previous Sale Recording Date: Apr 06, 2018
  • Previous Sale Contract Date: Mar 28, 2018
  • Previous Sale Amount: $76,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Mar 19, 2021
  • First Mortgage Loan Amount: $78,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: Apr 06, 2018
  • Previous Mortgage Loan Amount: $72,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2048

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Frequently Asked Questions

What neighborhood is 1206 Tropic Terrace located in?
The 1206 Tropic Terrace is a located in the neighborhood of Hancock in Hancock, North Fort Myers.
What is the average sales price for listings in 1206 Tropic Terrace?
The average sales price for units in 1206 Tropic Terrace is $0 currently.

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