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692 Ternberry Forest Drive

692 Ternberry Forest Drive, The Villages, FL 32162
House in Wildwood
Sold Aug 14, 2018
$1,095,000
$750,000 by Bank Of America Na
Mortgage Due Aug 01, 2048
Sold Dec 27, 2016
$1,040,000
$832,000 by First Tennessee Bank Na
Mortgage Due Dec 15, 2046
692 Ternberry Forest Drive in The Villages, FL was first built in 2006 and is 18 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. 692 Ternberry Forest Drive has 3,686 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 21,811 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a both a pool and a spa on the property. For those who need parking, there is a attached garage. The garage is 756 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of block. 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, 692 Ternberry Forest Drive sold most recently in Jul 30, 2018 for a total of $1,095,000. If you work out the math, that's approximately a cost of $246.51 per sqft. Before that, the property was also sold for $1,040,000 in Dec 16, 2016. 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 $12,369 in taxes each year. 692 Ternberry Forest Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $932,980. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Block
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 756
  • Parking Space Count: 4
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 21,811
  • Total Building Area: 4,442
  • Gross Building Area: 5,747
  • Building Area: 3,686
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,686
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE VILLAGES OF SUMTER
  • Land Acres: 0.501
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 156 THE VILLAGES OF SUMTER UNIT NO. 105 PB 7 PGS 32-32H

Ownership

  • Current Owner : COVELLA PETER
  • Current Owner 2: COVELLA LILLIAN
  • Previous Owner : BERGSTRON RYTAN TODD
  • Owner Before Previous Owner: BECK ANGELA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 911205

Geography

  • Parcel: D23A156
  • Lot: 156
  • Meridian: SEC 23 TWN 18S RNG 23E
  • Municipality: SUMTER COUNTY
  • Latitude: 28.9167
  • Longitude: -81.982

    Address

  • Full Address: 692 Ternberry Forest Dr
  • Address - House Number: 692
  • Address - Street Name: Ternberry Forest
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: The Villages
  • Carrier Code: R044
  • 4-Digit Zip Code: 6446
  • Zip Code: 32162

Valuation

    Tax

  • Total Area: 4,770
  • Tax Year: 2023
  • Tax Amount: $12,369
  • Tax Rate Code Area: 5010

    Appraisal Valuation

  • Standard Deviation: 0.4557
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 1,393,322
  • High Value: 2,028,384
  • Low Value: 758,259

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $750,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 14, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $750,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $1,314,850
  • Market Land Value: $305,350
  • Market Improvement Value: $1,009,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $932,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2018
  • Current Sale Recording Date: Aug 14, 2018
  • Current Sale Transaction ID: 11493548339
  • Current Sale Price: $1,095,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201860029002
  • Previous Sale Recording Date: Dec 27, 2016
  • Previous Sale Contract Date: Dec 16, 2016
  • Previous Sale Amount: $1,040,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 14, 2018
  • First Mortgage Loan Amount: $750,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST TENNESSEE BANK NA
  • Previous Mortgage Transaction Date: Dec 27, 2016
  • Previous Mortgage Loan Amount: $832,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 15, 2046

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Frequently Asked Questions

What neighborhood is 692 Ternberry Forest Drive located in?
The 692 Ternberry Forest Drive is a house located in the neighborhood of Wildwood in The Villages, The Villages.
What is the average sales price for listings in 692 Ternberry Forest Drive?
The average sales price for units in 692 Ternberry Forest Drive is $0 currently.

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