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703 Terrace Ridge Circle

703 Terrace Ridge Circle, Davenport, FL 33896
1 Units For Sale
Unit for sale at 703 TERRACE RIDGE CIRCLE, DAVENPORT, FL 33896

$252,000

  • 2 Beds
  • 2 Baths
  • 1,261 ft²
703 TERRACE RIDGE CIRCLE #417, DAVENPORT, FL 33896 Listing by Nolvia Gaspar

703 Terrace Ridge Circle has been categorized by the local assessors in Davenport, FL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 703 Terrace Ridge Circle has 1,261 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 683 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 hip style roof made of materials that we aren't sure of. The exterior walls of the building are made of stucco. 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. 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, 703 Terrace Ridge Circle sold most recently in Jul 12, 2010 for a total of $68,000. If you work out the math, that's approximately a cost of $53.93 per sqft. Before that, the property was also sold for $219,000 in Dec 6, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,951 in taxes each year. 703 Terrace Ridge Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $115,541. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.

Building Features

Exterior

Block Exterior
Stucco Exterior

Pet Policy

Cats Allowed
Dogs Allowed
Dogs Allowed / Cats Allowed

Accessibility

Elevators

Facilities

Fitness Center

Parking

Public Parking
On-Street Parking

Outdoor Space

Screened-In Porch
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Condo
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 683
  • Total Building Area: 1,261
  • Gross Building Area: 1,261
  • Building Area: 1,261
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,261
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TERRACE RIDGE AT TOWN CENTER EAST A COND
  • Land Acres: 0.016
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TERRACE RIDGE AT TOWN CENTER EAST, A CONDOMINIUM OR 6192 PGS 1845 THRU 1901 UNIT 417 & AN UNDIVIDED INTEREST IN THE COMMON ELEMENTS AS PER CONDO DECLARATION

Ownership

  • Current Owner : MARTINSON ARNOLD
  • Current Owner 2: MARTINSON LINDA
  • Previous Owner : HINCHMAN MARTIN
  • Owner Before Previous Owner: D R HORTON INC

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 012506

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 701011
  • Parcel: 27-26-02-701011-004170
  • Meridian: SEC 02 TWN 26S RNG 27E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 28.2513
  • Longitude: -81.5848

    Address

  • Full Address: 703 Terrace Ridge Cir
  • Legal Unit: 417
  • Address - House Number: 703
  • Address - Street Name: Terrace Ridge
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Davenport
  • Carrier Code: R035
  • 4-Digit Zip Code: 5267
  • Zip Code: 33896

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,951
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.0965
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 91
  • Final Value: 249,237
  • High Value: 273,304
  • Low Value: 225,170

    Market Valuation

  • Market Total Value: $157,500
  • Market Land Value: $100
  • Market Improvement Value: $157,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,541

    Sales

  • Current Sale Contract Date: Jul 12, 2010
  • Current Sale Recording Date: Aug 06, 2010
  • Current Sale Transaction ID: 1070054749
  • Current Sale Price: $68,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010123483
  • Previous Sale Recording Date: Dec 15, 2005
  • Previous Sale Contract Date: Dec 06, 2005
  • Previous Sale Amount: $219,000
  • Previous Sale Document Type: Corporation Deed

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: Dec 15, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $208,040
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

About Loughman



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Frequently Asked Questions

What neighborhood is 703 Terrace Ridge Circle located in?
The 703 Terrace Ridge Circle is a located in the neighborhood of Terrace Ridge at Town Center East Condominiums in Loughman, Davenport.
How many listings are currently for sale in 703 Terrace Ridge Circle?
There is a listing currently on the market for sale.
What is the average sales price for listings in 703 Terrace Ridge Circle?
The average sales price for units in 703 Terrace Ridge Circle is $252,000 , or $200/sqft. currently.

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