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625 Terrace Spring Drive

625 Terrace Spring Drive, Orlando, FL 32828
Sold Jan 28, 2021
$280,500
$224,400 by Loandepot.com Llc
Mortgage Due Feb 01, 2051
Sold Jul 08, 2019
$265,000
$212,000 by United Wholesale Mortgage
Mortgage Due Jul 01, 2049
625 Terrace Spring 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 2009 and is 15 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 625 Terrace Spring Drive has 1,727 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 2,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

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 220 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of E by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of concrete block. 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. 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, 625 Terrace Spring Drive sold most recently in Jan 4, 2021 for a total of $280,500. If you work out the math, that's approximately a cost of $129.08 per sqft. Before that, the property was also sold for $265,000 in Jun 10, 2019. 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 $3,850 in taxes each year. 625 Terrace Spring Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $267,658. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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
Stone Exterior
Stucco Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 2,500
  • Total Building Area: 2,173
  • Gross Building Area: 2,173
  • Building Area: 1,727
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,727
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAND TERRACE AT TIMBER SPGS
  • Land Acres: 0.57
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: WOODLAND TERRACE AT TIMBER SPRINGS 62/64 LOT 116

Ownership

  • Current Owner : DURAN RAUL JOSE
  • Previous Owner : LLOYD AND KDSTIN LATHROP LIVING TRUST
  • Owner Before Previous Owner: KOMOROWSKI ANDREA L
  • Is Owner Occupied: Owner-occupied property

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: 31-22-32-9797-01-160
  • Block: 1
  • Lot: 116
  • Meridian: SEC 31 TWN 22S RNG 32E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5357
  • Longitude: -81.1495

    Address

  • Full Address: 625 Terrace Spring Dr
  • Address - House Number: 625
  • Address - Street Name: Terrace Spring
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: H028
  • 4-Digit Zip Code: 6761
  • Zip Code: 32828

Valuation

    Tax

  • Total Area: 1,875
  • Tax Year: 2023
  • Tax Amount: $3,850
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 404,303
  • High Value: 472,785
  • Low Value: 335,820

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $224,400
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Loan Amount: $224,400
  • 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, 2051

    Market Valuation

  • Market Total Value: $308,714
  • Market Land Value: $55,000
  • Market Improvement Value: $253,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $267,658

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Jan 28, 2021
  • Current Sale Transaction ID: 11816052305
  • Current Sale Price: $280,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210053755
  • Previous Sale Recording Date: Jul 08, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Jan 28, 2021
  • First Mortgage Loan Amount: $224,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Jul 08, 2019
  • Previous Mortgage Loan Amount: $212,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2049

About Woodland Terrace at Timber Springs



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Frequently Asked Questions

What neighborhood is 625 Terrace Spring Drive located in?
The 625 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 625 Terrace Spring Drive?
The average sales price for units in 625 Terrace Spring Drive is $0 currently.

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