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747 Terra Lago Street

747 Terra Lago Street, Davenport, FL 33897
Sold Sep 01, 2016
Transfer
$87,718 by The Mortgage Firm Inc
Mortgage Due May 01, 2041
Sold May 25, 2011
$90,000
$87,718 by The Mortgage Firm Inc
Mortgage Due May 01, 2041
747 Terra Lago Street 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 4 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, 747 Terra Lago Street has 1,492 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 1,856 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 concrete block 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. Before that, the property was also sold for $90,000 in Apr 27, 2011. 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 $2,430 in taxes each year. 747 Terra Lago Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $123,717. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Concrete block
  • Building Style: Unknown
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,856
  • Total Building Area: 1,492
  • Gross Building Area: 1,492
  • Building Area: 1,492
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,492
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REGAL PALMS AT HIGHLAND RESERVE PHASE 3
  • Land Acres: 0.043
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: REGAL PALMS AT HIGHLAND RESERVE, PHASE 3 PLAT BOOK 129 PGS 24 & 25 LOT 284

Ownership

  • Current Owner : SOMMERVIL ISLANDE
  • Owner Before Previous Owner: JNE INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 012412

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Phase Number: 3
  • Subdivision Tract Number: 999954
  • Parcel: 26-25-14-999954-002840
  • Lot: 284
  • Meridian: SEC 14 TWN 25S RNG 26E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 28.3119
  • Longitude: -81.677

    Address

  • Full Address: 747 Terra Lago St
  • Address - House Number: 747
  • Address - Street Name: Terra Lago
  • Address - Suffix Type: St
  • State: FL
  • City Name: Davenport
  • Carrier Code: R023
  • 4-Digit Zip Code: 6969
  • Zip Code: 33897

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,430
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 317,905
  • High Value: 382,000
  • Low Value: 253,810

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,718
  • First Open Lien Mortgage Lender: THE MORTGAGE FIRM INC
  • First Open Lien Mortgage Recording Date: May 25, 2011
  • First Open Lien Mortgage Loan Amount: $87,718
  • 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: May 01, 2041

    Market Valuation

  • Market Total Value: $218,000
  • Market Land Value: $100
  • Market Improvement Value: $217,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $123,717

    Sales

  • Current Sale Contract Date: Sep 01, 2016
  • Current Sale Recording Date: Sep 01, 2016
  • Current Sale Transaction ID: 11549691828
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 25, 2011
  • Previous Sale Contract Date: Apr 27, 2011
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: THE MORTGAGE FIRM INC
  • Previous Mortgage Transaction Date: May 25, 2011
  • Previous Mortgage Loan Amount: $87,718
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2041

About Highlands Reserve



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Frequently Asked Questions

What neighborhood is 747 Terra Lago Street located in?
The 747 Terra Lago Street is a located in the neighborhood of Regal Palms at Highland Reserve in Highlands Reserve, Davenport.
What is the average sales price for listings in 747 Terra Lago Street?
The average sales price for units in 747 Terra Lago Street is $0 currently.

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