tomo logo

$224,000

Beds
2
Baths
2.0
sq ft
1,261

422 Terrace Ridge Cir Unit 422, Davenport, FL 33896

422 Terrace Ridge Cir Unit 422

DAVENPORT, FL 33896

  • 50 days on market
    • Price drop $3,000↓
Discover the convenience of a turnkey living solution with this fully furnished 2-bedroom, 2-bathroom condo at 422 Terrace Ridge Cir in Davenport, Florida. Spanning 1261 sqft., this modern condo features an open floor plan that emphasizes space and natural light, making it perfect for both relaxing and entertaining. This property is sold turnkey, equipped with everything you need from stylish furnishings to essential appliances, ensuring you or your renters can move in immediately without the hassle of setting up a home. Enjoy access to top community amenities including a heated pool, a modern fitness center, and a luxurious clubhouse, all designed to enhance your living experience. Situated near Sun Retreats Orlando ChampionsGate, the condo offers abundant outdoor activities. Its proximity to Davenport High School and major transportation routes enhances its rental appeal and makes commuting easy. Whether you’re an investor seeking a profitable rental opportunity or looking for a comfortable and stylish personal residence, this turnkey condo at 422 Terrace Ridge Cir offers the best of both worlds. Positioned in the thriving Davenport real estate market, this property represents a prime opportunity to own a fully equipped home that blends lifestyle amenities with excellent potential for appreciation and income. Don’t miss out on this attractive investment in one of Florida’s most dynamic communities.

Details

Property type

Condominium

Est. home value

$220,936

Lot size

684 sq ft

Price per sq ft

$178

Year built

2005

Annual property taxes

$2,857.18

HOA

No

Price History

09/15/2024
StellarMLS

StellarMLS #O6228746

Price change
$224,000
-1.32%
08/01/2024
StellarMLS

StellarMLS #O6228746

Listed
$227,000
+2.71%
12/15/2022
StellarMLS

StellarMLS #S5076508

Sold
$221,000

Schools & Community

Elementary school: 

Loughman Oaks Elem

Middle school: 

Boone Middle

High school: 

Unknown

Community features: 

Clubhouse, Fitness Center, Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$43,310
Asking price
$224,000
Closing costs (~8% of asking)
-$17,920
Est. remaining loan balance
-$162,770
Cash to seller
$43,310

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Amerifirst Financial Corp

Loan start date

December 2022

Original loan amount

$165,750

Est. remaining balance

$162,770

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Kevin Forster and Connie Forster

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/20/2024 at 8:45 AM

Listing updated: 09/14/2024 at 8:50 PM

Listed by: Will LaValle, RE/MAX 200 REALTY Phone #: (407) 629-6330

MLS: StellarMLS #O6228746

StellarMLS logo

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