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1461 Terra Verde Way

1461 Terra Verde Way, Ocoee, FL 34761
Sold Feb 03, 2022
$525,000
Buyer
Seller
$367,500 by Amwest Funding Corp
Mortgage Due Mar 01, 2052
Sold May 20, 2019
$380,000
$100,000 by Metro City Bank
Mortgage
Local assessors in Ocoee, FL have categorized 1461 Terra Verde Way as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 7,461 square feet. 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, 4 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 3 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 1461 Terra Verde Way has a total of 2,677 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 450 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a gable or hip style roof that was made of composition shingle. Lots of concrete block 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1461 Terra Verde Way was last sold in Feb 2, 2022 for $525,000. According to our calculations, that's $142.05 per sqft. Prior to that sales transaction, the property was sold for $380,000 in May 16, 2019. Current property owners are expected to pay $8,411 in taxes per year. The property on 1461 Terra Verde Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $479,384. To break that down further, the land itself was valued at $95,000. While improvements to the property were assessed at a total of $384,384. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 450
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,461
  • Total Building Area: 3,696
  • Gross Building Area: 3,696
  • Building Area: 2,677
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,677
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARDEN PK SOUTH
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ARDEN PARK SOUTH 79/41 LOT 69

Ownership

  • Current Owner : CHENG QIFENG
  • Previous Owner : FUJUN DU
  • Owner Before Previous Owner: STANDARD PACIFIC OF FLORIDA
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5300 5310 5330
  • Census Tract: 015002

Zoning

  • Zoning: PUD-LD

Geography

  • Subdivision Tract Number: 160
  • Parcel: 04-22-28-0160-00-690
  • Lot: 69
  • Meridian: SEC 04 TWN 22S RNG 28E
  • Municipality: OCOEE
  • Latitude: 28.6052
  • Longitude: -81.5209

    Address

  • Full Address: 1461 Terra Verde Way
  • Address - House Number: 1461
  • Address - Street Name: Terra Verde
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Ocoee
  • Carrier Code: R007
  • 4-Digit Zip Code: 8467
  • Zip Code: 34761

Valuation

    Tax

  • Total Area: 2,966
  • Tax Year: 2023
  • Tax Amount: $8,411
  • Tax Rate Code Area: 65-OCO

    Appraisal Valuation

  • Standard Deviation: 0.168
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 577,086
  • High Value: 674,073
  • Low Value: 480,099

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $367,500
  • First Open Lien Mortgage Lender: AMWEST FUNDING CORP
  • First Open Lien Mortgage Recording Date: Feb 03, 2022
  • First Open Lien Mortgage Loan Amount: $367,500
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $479,384
  • Market Land Value: $95,000
  • Market Improvement Value: $384,384

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,384
  • Assessed Land Value: $95,000
  • Assessed Improvements Value: $384,384

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Transaction ID: 11879531347
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 81461
  • Previous Sale Recording Date: May 20, 2019
  • Previous Sale Contract Date: May 16, 2019
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMWEST FUNDING CORP
  • First Mortgage Transaction Date: Feb 03, 2022
  • First Mortgage Loan Amount: $367,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: METRO CITY BANK
  • Previous Mortgage Transaction Date: May 20, 2019
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Ocoee



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Frequently Asked Questions

What neighborhood is 1461 Terra Verde Way located in?
The 1461 Terra Verde Way is a located in the neighborhood of Winter Garden-Ocoee in Ocoee, Ocoee.
What is the average sales price for listings in 1461 Terra Verde Way?
The average sales price for units in 1461 Terra Verde Way is $0 currently.

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