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506 Terrace Spring Dr; Orlando, FL Property Details

506 Terrace Spring Dr, Orlando, FL is a Townhouse that was built in 2006. This property is currently a cash purchase and is not for sale. Our records show that 506 Terrace Spring Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,651 square feet. The lot size of 506 Terrace Spring Dr is 3,903 square feet.

Off market
506 Terrace Spring Dr Orlando, FL 32828
$350,000 Listing Price
3 Beds
2 Baths
1,651 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2006
  • Purchase Price: $350,000
  • Est. Equity / %: $372,000 / 100%
  • Gross Yield: 8.339%
  • APN: 31-22-32-9797-00-520
  • Situs County: Orange
  • Length Of Ownership: 11 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Concrete Block
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Fair
  • Building Quality: E
  • Roof Type: Gable Or Hip
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,651/SqFt
  • Lot: 3,903/SqFt
  • Gross: 2,135/SqFt
  • Garage: 275/SqFt
  • Living: 1,651/SqFt
  • Building: 2,135/SqFt
  • Ground: 1,040/SqFt
  • Garage Finished: 275/SqFt
  • Price Per Square Foot: $211.99

Legal Description

  • Description: WOODLAND TERRACE AT TIMBER SPRINGS 62/64 LOT 52
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Orange County School District
  • Lat / Lon: 28.53632 / -81.14828
  • Subdivision: Woodland Terrace At Timber Spgs
  • Property Class: Residential
  • Zoning: P-D
  • County Use Code: 0121

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 6764
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $537
  • H O A Amount: $537
  • H O A One Frequency: Monthly
  • H O A One Name: Timber Springs Homeowners Association, Inc.
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Woodland Terrace At Timber Springs Homeowners Association, Inc.
  • H O A Two Type: Condo Owner Association

Ownership Info

506 Terrace Spring Dr has no associated ownership info
506 Terrace Spring Dr has no associated ownership info.

Taxes

506 Terrace Spring Dr has 10 associated Taxes items

506 Terrace Spring Dr, Orlando, FL pays taxes in Orange County, FL. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $313,550. The APN we've located for 506 Terrace Spring Dr is 31-22-32-9797-00-520.

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Taxes
  • Assessed Value:  $313,550
  • Assessed Year:  2026
  • Assessed County:  Orange
  • APN:  31-22-32-9797-00-520
  • Assessed Land Value:  55000
  • Market Land Value:  55000
  • Tax Amount:  5358.64
  • Tax Year:  2025
  • Market Value:  313550
  • Market Year:  2026

Tax History

506 Terrace Spring Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $313,550 Land Value $55,000 Improvement Value $258,550 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,358.64 Change Rate +0.070968% Assessed CR Tax Rate
Year 2024 Assessed Value $297,630 Land Value Improvement Value Tax Amount $5,003.55 Change Rate +0.121334% Assessed CR Tax Rate +0.016811%
Year 2023 Assessed Value $298,075 Land Value $55,000 Improvement Value $243,075 Tax Amount $4,462.14 Change Rate +0.118614% Assessed CR Tax Rate +0.01497%
Year 2022 Assessed Value $259,164 Land Value $55,000 Improvement Value $204,164 Tax Amount $3,988.99 Change Rate +0.13923% Assessed CR Tax Rate +0.015392%
Year 2021 Assessed Value $203,285 Land Value $40,000 Improvement Value $163,285 Tax Amount $3,501.48 Change Rate +0.054085% Assessed CR Tax Rate +0.017224%
Year 2020 Assessed Value $190,553 Land Value $26,000 Improvement Value $164,553 Tax Amount $3,321.82 Change Rate +0.004612% Assessed CR Tax Rate +0.017433%
Year 2019 Assessed Value $190,820 Land Value $25,000 Improvement Value $165,820 Tax Amount $3,306.57 Change Rate +0.092814% Assessed CR Tax Rate +0.017328%
Year 2018 Assessed Value $167,976 Land Value $22,000 Improvement Value $145,976 Tax Amount $3,025.74 Change Rate +0.04204% Assessed CR Tax Rate +0.018013%
Year 2017 Assessed Value $159,604 Land Value $17,500 Improvement Value $142,104 Tax Amount $2,903.67 Change Rate -0.057167% Assessed CR Tax Rate +0.018193%
Year 2016 Assessed Value $167,782 Land Value $30,000 Improvement Value $137,782 Tax Amount $3,079.73 Change Rate +0.048119% Assessed CR Tax Rate +0.018356%
Year 2015 Assessed Value $158,394 Land Value $30,000 Improvement Value $128,394 Tax Amount $2,938.34 Change Rate +0.0781% Assessed CR Tax Rate +0.018551%
Year 2014 Assessed Value $139,302 Land Value $30,000 Improvement Value $109,302 Tax Amount $2,725.48 Change Rate Assessed CR Tax Rate +0.019565%