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7001 40th Terrace North

7001 40th Terrace North, Saint Petersburg, FL 33709
Property in St. Petersburg
Sold Apr 12, 2012
$75,000
$73,098 by Cbc National Bank
Mortgage Due Apr 01, 2042
Sold Dec 06, 2006
$174,000
$139,200 by New Century Mortgage Corp
Mortgage Due Dec 01, 2036
7001 40th Terrace North has been categorized by the local assessors in Saint Petersburg, FL as a residential type of property. The building on the property was first built in 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1988. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7001 40th Terrace North has 1,062 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 970 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 6,016 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom 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 338 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. 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 concrete block. While the interior walls have been made of a material which is produced from two or more constituent materials. 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 central heating system. The property was last sold in Apr 4, 2012 for $75,000. That's $47.44 per sqft. Prior to that sales transaction, the property was also sold in Nov 30, 2006 for $174,000. 7001 40th Terrace North was last assessed in 2022. The total value of the property was assessed at $79,805. 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 $910. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 338
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,016
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,581
  • Gross Building Area: 1,581
  • Building Area: 1,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAUK SUB
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HAUK SUB BLK 2, LOT 15

Ownership

  • Current Owner : GRIMALDI MARIAN C
  • Current Owner 2: GRIMALDI MICHAEL C
  • Previous Owner : BIZZEL DALE
  • Owner Before Previous Owner: SCHULTZ JAMES J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0011
  • Census Tract: 025018

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 220
  • Account Number: R63773
  • District: LETF
  • Subdivision Tract Number: 37728
  • Parcel: 06-31-16-37728-002-0150
  • Block: 2
  • Lot: 15
  • Meridian: SEC 6 TWN 31S RNG 16E
  • Municipality: LEALMAN FIRE
  • Latitude: 27.8091
  • Longitude: -82.7357

    Address

  • Full Address: 7001 40th Ter N
  • Address - House Number: 7001
  • Street Segment Direction: N
  • Address - Street Name: 40th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Saint Petersburg
  • Carrier Code: C058
  • 4-Digit Zip Code: 4615
  • Zip Code: 33709

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $910
  • Tax Rate Code Area: LETF

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 327,556
  • High Value: 401,066
  • Low Value: 254,045

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,098
  • First Open Lien Mortgage Lender: CBC NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Apr 12, 2012
  • First Open Lien Mortgage Loan Amount: $73,098
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2042

    Market Valuation

  • Market Total Value: $197,879
  • Market Land Value: $117,774
  • Market Improvement Value: $80,105

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,805

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2012
  • Current Sale Recording Date: Apr 12, 2012
  • Current Sale Transaction ID: 1162872198
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012104913
  • Previous Sale Recording Date: Dec 06, 2006
  • Previous Sale Contract Date: Nov 30, 2006
  • Previous Sale Amount: $174,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CBC NATIONAL BANK
  • First Mortgage Transaction Date: Apr 12, 2012
  • First Mortgage Loan Amount: $73,098
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: NEW CENTURY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Dec 06, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $139,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2036

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Frequently Asked Questions

What neighborhood is 7001 40th Terrace North located in?
The 7001 40th Terrace North is a located in the neighborhood of St. Petersburg in West Lealman, Saint Petersburg.
What is the average sales price for listings in 7001 40th Terrace North?
The average sales price for units in 7001 40th Terrace North is $0 currently.

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