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534 Terrace Spring Drive

534 Terrace Spring Drive, Orlando, FL 32828
Sold Dec 17, 2019
$255,000
$242,250 by Fairway Independent Mortgage C
Mortgage Due Jan 01, 2050
Sold May 16, 2012
$127,000
Local assessors in Orlando, FL have categorized 534 Terrace Spring Drive as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 2,519 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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 are 2 full bathrooms. There are also 2 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 534 Terrace Spring Drive has a total of 1,874 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 220 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 fair. 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 - E. 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. The property was last sold in Dec 13, 2019 for $255,000. That's $107.69 per sqft. Prior to that sales transaction, the property was also sold in May 4, 2012 for $127,000. 534 Terrace Spring Drive was last assessed in 2023. The total value of the property was assessed at $289,686. 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 $4,191. 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
Stucco Exterior

Parking

Carport
Garage Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Building Quality: E
  • Building Style: Townhouse
  • 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: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,519
  • Total Building Area: 2,368
  • Gross Building Area: 2,368
  • Building Area: 1,874
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,874
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND TERRACE AT TIMBER SPGS
  • Land Acres: 0.58
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: WOODLAND TERRACE AT TIMBER SPRINGS 62/64 LOT 45

Ownership

  • Current Owner : ALEXANDER CHRISTOPHER RAY
  • Current Owner 2: BEAL DEIRDRE EILEEN
  • Previous Owner : YEH KEVIN R
  • Previous Owner 2: YEH FONDA R
  • Owner Before Previous Owner: BROOKS LISA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0336 3491
  • Census Tract: 016750

Zoning

  • Zoning: P-D

Geography

  • Subdivision Tract Number: 9797
  • Parcel: 31-22-32-9797-00-450
  • Lot: 45
  • Meridian: SEC 31 TWN 22S RNG 32E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5363
  • Longitude: -81.1489

    Address

  • Full Address: 534 Terrace Spring Dr
  • Address - House Number: 534
  • Address - Street Name: Terrace Spring
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: H028
  • 4-Digit Zip Code: 6764
  • Zip Code: 32828

Valuation

    Tax

  • Total Area: 2,022
  • Tax Year: 2023
  • Tax Amount: $4,191
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 81
  • Final Value: 426,296
  • High Value: 491,982
  • Low Value: 360,611

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $242,250
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 17, 2019
  • First Open Lien Mortgage Loan Amount: $242,250
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $324,391
  • Market Land Value: $55,000
  • Market Improvement Value: $269,391

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,686

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 13, 2019
  • Current Sale Recording Date: Dec 17, 2019
  • Current Sale Transaction ID: 11712379711
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190786796
  • Previous Sale Recording Date: May 16, 2012
  • Previous Sale Contract Date: May 04, 2012
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 17, 2019
  • First Mortgage Loan Amount: $242,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Woodland Terrace at Timber Springs



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Frequently Asked Questions

What neighborhood is 534 Terrace Spring Drive located in?
The 534 Terrace Spring Drive is a townhouse located in the neighborhood of Woodland Terrace at Timber Springs in Woodland Terrace at Timber Springs, Orlando.
What is the average sales price for listings in 534 Terrace Spring Drive?
The average sales price for units in 534 Terrace Spring Drive is $0 currently.

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