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36327 Terra Court

36327 Terra Court, Grand Island, FL 32735
Sold Jul 22, 2019
$120,000
$180,200 by Imperium Lending Llc
Mortgage Due Feb 01, 2054
Sold Jul 08, 2005
$135,000
$135,000 by Taylor Bean & Whitaker Mortgag
Mortgage Due Jul 01, 2035
Local assessors in Grand Island, FL have categorized 36327 Terra Court 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 2019. The property's lot size has been calculated to be 13,004 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, 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 36327 Terra Court has a total of 999 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 297 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. 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 frame control joints. The building has a roof that is made of asphalt. Lots of concrete block were used in the construction of the exterior walls of the home. 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 Jul 18, 2019 for $120,000. That's $92.59 per sqft. Prior to that sales transaction, the property was also sold in Jun 29, 2005 for $135,000. 36327 Terra Court was last assessed in 2023. The total value of the property was assessed at $145,520. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,008. 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! 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

Parking

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

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 297
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,004
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 999
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 999
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAND TERRACE SUB
  • Land Acres: 0.299
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRAND TERRACE SUB LOT 38 PB 29 PG 35 ORB 5313 PG 1347

Ownership

  • Current Owner : SMITH SHAUN MICHAEL
  • Current Owner 2: SMITH MICHELLE ANN
  • Previous Owner : CRANE DAVID
  • Owner Before Previous Owner: WRIGHT ROBERT LEE
  • Owner Before Previous Owner 2: WRIGHT REBECCA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030211

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: 25
  • Account Number: 3032306
  • Subdivision Tract Number: 0275
  • Parcel: 32-18-26-0275-000-03800
  • Lot: 38
  • Meridian: SEC 32 TWN 18S RNG 26E
  • Municipality: UNINCORPORATED
  • Latitude: 28.8787
  • Longitude: -81.7368

    Address

  • Full Address: 36327 Terra Ct
  • Address - House Number: 36327
  • Address - Street Name: Terra
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Grand Island
  • Carrier Code: R004
  • 4-Digit Zip Code: 9612
  • Zip Code: 32735

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,008
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 245,844
  • High Value: 286,286
  • Low Value: 205,402

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,200
  • First Open Lien Mortgage Lender: IMPERIUM LENDING LLC
  • First Open Lien Mortgage Recording Date: Feb 01, 2024
  • First Open Lien Mortgage Loan Amount: $180,200
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $165,968
  • Market Land Value: $31,875
  • Market Improvement Value: $134,093

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 18, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Transaction ID: 11625737886
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019081648
  • Previous Sale Recording Date: Jul 08, 2005
  • Previous Sale Contract Date: Jun 29, 2005
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE FINANCIAL GROUP INC
  • First Mortgage Transaction Date: Jul 22, 2019
  • First Mortgage Loan Amount: $121,212
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • Previous Mortgage Transaction Date: Jul 08, 2005
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Grand Terrace



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Frequently Asked Questions

What neighborhood is 36327 Terra Court located in?
The 36327 Terra Court is a house located in the neighborhood of Grand Terrace in Grand Terrace, Grand Island.
What is the average sales price for listings in 36327 Terra Court?
The average sales price for units in 36327 Terra Court is $0 currently.

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