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5403 Oak Terrace Drive

5403 Oak Terrace Drive, Orlando, FL 32839
Property in Legacy
Sold Oct 12, 2022
$970,000
$647,200 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2052
Sold Apr 08, 2011
$495,000
$396,000 by Fbc Mortgage Llc
Mortgage Due Apr 01, 2041
5403 Oak Terrace Drive has been categorized by the local assessors in Orlando, FL as a residential type of property. The building on the property was first built in 2010 and is 14 years old. The home has a total of 5 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5403 Oak Terrace Drive has 2,833 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,944 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 684 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of tile. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. The property was last sold in Oct 7, 2022 for $970,000. That's $222.99 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 2011 for $495,000. 5403 Oak Terrace Drive was last assessed in 2023. The total value of the property was assessed at $780,294. Specifically, the land the property is located on was valued at $235,000. While improvements on the property were assessed at a total of $545,294. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $13,829. 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. 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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 684
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,944
  • Total Building Area: 4,350
  • Gross Building Area: 4,350
  • Building Area: 2,833
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,833
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEGACY
  • Land Acres: 0.366
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LEGACY 62/76 LOT 15

Ownership

  • Current Owner : LITTRELL LANCE R
  • Current Owner 2: LITTRELL EMILY F
  • Previous Owner : HORVATH KAROLY
  • Previous Owner 2: HORVATH MARIA
  • Owner Before Previous Owner: BEAZER HOME CORP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0350
  • Census Tract: 014301

Zoning

  • Zoning: PD

Geography

  • Subdivision Tract Number: 4989
  • Parcel: 14-23-29-4989-00-150
  • Lot: 15
  • Meridian: SEC 14 TWN 23S RNG 29E
  • Municipality: EDGEWOOD
  • Latitude: 28.4859
  • Longitude: -81.3897

    Address

  • Full Address: 5403 Oak Terrace Dr
  • Address - House Number: 5403
  • Address - Street Name: Oak Terrace
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C010
  • 4-Digit Zip Code: 2083
  • Zip Code: 32839

Valuation

    Tax

  • Total Area: 3,305
  • Tax Year: 2023
  • Tax Amount: $13,829
  • Tax Rate Code Area: 87-EDG

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 94
  • Final Value: 1,067,092
  • High Value: 1,152,141
  • Low Value: 982,043

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $872,900
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 12, 2022
  • First Open Lien Mortgage Loan Amount: $647,200
  • 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: Nov 01, 2052
  • Second Open Lien Mortgage Lender: GTE FCU
  • Second Open Lien Mortgage Recording Date: Oct 12, 2022
  • Second Open Lien Mortgage Loan Amount: $225,700
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $780,294
  • Market Land Value: $235,000
  • Market Improvement Value: $545,294

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $780,294
  • Assessed Land Value: $235,000
  • Assessed Improvements Value: $545,294

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 12, 2022
  • Current Sale Transaction ID: 11897859997
  • Current Sale Price: $970,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 618435
  • Previous Sale Recording Date: Apr 08, 2011
  • Previous Sale Contract Date: Mar 25, 2011
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 12, 2022
  • First Mortgage Loan Amount: $647,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052
  • Second Mortgage Lender: GTE FCU
  • Second Mortgage Transaction Date: Oct 12, 2022
  • Second Mortgage Loan Amount: $225,700

    Previous Mortgages

  • Previous Mortgage Lender: FBC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Apr 08, 2011
  • Previous Mortgage Loan Amount: $396,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2041

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Frequently Asked Questions

What neighborhood is 5403 Oak Terrace Drive located in?
The 5403 Oak Terrace Drive is a located in the neighborhood of Legacy in Edgewood, Orlando.
What is the average sales price for listings in 5403 Oak Terrace Drive?
The average sales price for units in 5403 Oak Terrace Drive is $0 currently.

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