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1220 Timber Trace Drive

1220 Timber Trace Drive, Wesley Chapel, FL 33543
Property in Meadow Point
Sold Oct 14, 2021
$360,000
$342,000 by Home Point Financial Corporati
Mortgage Due Nov 01, 2051
Sold Sep 02, 2009
$195,000
$191,468 by United Wholesale Mortgage
Mortgage Due Sep 01, 2039
1220 Timber Trace Drive in Wesley Chapel, FL was first built in 1994 and is 30 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1220 Timber Trace Drive has 1,810 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 6,930 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 418 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 B. The condition of the building has been evaluated as good. The exterior walls of the home are made of materials we are unsure of. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1220 Timber Trace Drive sold most recently in Oct 8, 2021 for a total of $360,000. If you work out the math, that's approximately a cost of $161.58 per sqft. Before that, the property was also sold for $195,000 in Aug 7, 2009. 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 $5,792 in taxes each year. 1220 Timber Trace Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $301,581. If we break it down further, the land itself was valued at $63,758. Improvements to the property, however, were assessed at a total of $237,823. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1994
  • Effective Year Built: 1994
  • 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
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,930
  • Total Building Area: 2,228
  • Gross Building Area: 2,228
  • Building Area: 1,810
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,810
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOW POINTE PARCEL 7
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MEADOW POINTE PARCEL 7 UNIT 2 PB 31 PGS 76-80 LOT 25 BLOCK 2

Ownership

  • Current Owner : GUNABALAN DHANASEKAR
  • Previous Owner : WILLIAMS DEBORAH A
  • Previous Owner 2: ADELL DEBORAH A
  • Owner Before Previous Owner: MCARDLE STEPHEN
  • Owner Before Previous Owner 2: MCARDLE JAMIE N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 43
  • Subdivision Tract Number: 20
  • Parcel: 32-26-20-0020-00200-0250
  • Block: 2
  • Lot: 25
  • Meridian: SEC 32 TWN 26S RNG 20E
  • Municipality: MEADOW POINTE I COMM DEV DIST
  • Latitude: 28.175
  • Longitude: -82.3362

    Address

  • Full Address: 1220 Timber Trace Dr
  • Legal Unit: 2
  • Address - House Number: 1220
  • 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: 2,016
  • Tax Year: 2022
  • Tax Amount: $5,792
  • Tax Rate Code Area: 36MP

    Appraisal Valuation

  • Standard Deviation: 0.2055
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 421,096
  • High Value: 507,671
  • Low Value: 334,522

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $342,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Oct 14, 2021
  • First Open Lien Mortgage Loan Amount: $342,000
  • 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: $301,581
  • Market Land Value: $63,758
  • Market Improvement Value: $237,823

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $301,581
  • Assessed Land Value: $63,758
  • Assessed Improvements Value: $237,823

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 14, 2021
  • Current Sale Transaction ID: 11860545198
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021220146
  • Previous Sale Recording Date: Sep 02, 2009
  • Previous Sale Contract Date: Aug 07, 2009
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Oct 14, 2021
  • First Mortgage Loan Amount: $342,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Sep 02, 2009
  • Previous Mortgage Loan Amount: $191,468
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2039

About Meadow Point



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Frequently Asked Questions

What neighborhood is 1220 Timber Trace Drive located in?
The 1220 Timber Trace Drive is a located in the neighborhood of Meadow Point in Meadow Point, Wesley Chapel.
What is the average sales price for listings in 1220 Timber Trace Drive?
The average sales price for units in 1220 Timber Trace Drive is $0 currently.

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