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1222 Fordham Terrace

1222 Fordham Terrace, Inverness, FL 34452
House in Inverness
Sold May 06, 2022
$200,000
$202,020 by Success Mortgage Partners Inc
Mortgage Due Jun 01, 2052
Sold Dec 07, 2021
$172,000
$154,800 by Mortgage Research Center Llc
Mortgage Due Jan 01, 2052
Local assessors in Inverness, FL have categorized 1222 Fordham Terrace as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 2004. The property's lot size has been calculated to be 9,602 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown 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, 3 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 is one full bathroom. There is also a partial bathroom. 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 1222 Fordham Terrace has a total of 1,058 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 240 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 masonry 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 - C. The building has a gable style roof that was made of fiberglass. Lots of concrete were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. 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, 1222 Fordham Terrace sold most recently in May 4, 2022 for a total of $200,000. If you work out the math, that's approximately a cost of $154.08 per sqft. Before that, the property was also sold for $172,000 in Dec 6, 2021. 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 $2,342 in taxes each year. 1222 Fordham Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $145,367. If we break it down further, the land itself was valued at $6,400. Improvements to the property, however, were assessed at a total of $138,967. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.

Building Features

Exterior

Block Exterior
Concrete Exterior
Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Unknown
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,602
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,298
  • Gross Building Area: 1,488
  • Building Area: 1,058
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,058
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INVERNESS HIGHLANDS SOUTH
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: INVERNESS HGLDS SOUTH PB 3 PG 51 LOTS 28 & 29 BLK 249

Ownership

  • Current Owner : ZAKOS HAILEY KRISTEN
  • Previous Owner : GIBBONS RONDA M
  • Previous Owner 2: GIBBONS RONALD L
  • Owner Before Previous Owner: MORRIS WILLIAM G
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Citrus County School District
  • School Tax School District: 000X
  • Census Tract: 451103

Zoning

  • Zoning: MDR

Geography

  • Account Number: 2007745
  • Parcel: 20E-19S-21-0020-02490-0280
  • Block: 249
  • Lot: 28,29
  • Meridian: SEC 20 TWN 19S RNG 20E
  • Municipality: WITHLACOOCHEE RIVER BASIN
  • Latitude: 28.8153
  • Longitude: -82.3245

    Address

  • Full Address: 1222 Fordham Ter
  • Address - House Number: 1222
  • Address - Street Name: Fordham
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Inverness
  • Carrier Code: R008
  • 4-Digit Zip Code: 6715
  • Zip Code: 34452

Valuation

    Tax

  • Total Area: 1,350
  • Tax Year: 2023
  • Tax Amount: $2,342
  • Tax Rate Code Area: 000X

    Appraisal Valuation

  • Standard Deviation: 0.26
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 63
  • Final Value: 206,384
  • High Value: 260,044
  • Low Value: 152,724

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $202,120
  • First Open Lien Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Open Lien Mortgage Recording Date: May 06, 2022
  • First Open Lien Mortgage Loan Amount: $202,020
  • 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, 2052
  • Second Open Lien Mortgage Lender: FLORIDA HOUSING FINANCE CORP
  • Second Open Lien Mortgage Recording Date: May 06, 2022
  • Second Open Lien Mortgage Loan Amount: $100
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $145,367
  • Market Land Value: $6,400
  • Market Improvement Value: $138,967

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,367
  • Assessed Land Value: $6,400
  • Assessed Improvements Value: $138,967

    Sales

  • Current Sale Contract Date: May 04, 2022
  • Current Sale Recording Date: May 06, 2022
  • Current Sale Transaction ID: 11887881260
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 32705
  • Previous Sale Recording Date: Dec 07, 2021
  • Previous Sale Contract Date: Dec 06, 2021
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • First Mortgage Transaction Date: May 06, 2022
  • First Mortgage Loan Amount: $202,020
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052
  • Second Mortgage Lender: FLORIDA HOUSING FINANCE CORP
  • Second Mortgage Transaction Date: May 06, 2022
  • Second Mortgage Loan Amount: $100

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • Previous Mortgage Transaction Date: Dec 07, 2021
  • Previous Mortgage Loan Amount: $154,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2052

About Inverness Highlands South



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Frequently Asked Questions

What neighborhood is 1222 Fordham Terrace located in?
The 1222 Fordham Terrace is a house located in the neighborhood of Inverness in Inverness Highlands South, Inverness.
What is the average sales price for listings in 1222 Fordham Terrace?
The average sales price for units in 1222 Fordham Terrace is $172,000 , or $163/sqft. currently.

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