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551 Terrace Spring Dr; Orlando, FL Property Details

551 Terrace Spring Dr, Orlando, FL is a Townhouse that was built in 2007. This property is currently Financed and is not for sale. Our records show that 551 Terrace Spring Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,727 square feet. The lot size of 551 Terrace Spring Dr is 4,085 square feet.

For Rent
551 Terrace Spring Dr Orlando, FL 32828
$2,400 Listing Price
3 Beds
2 Baths
1,727 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2007
  • Purchase Price: $267,000
  • Est. Equity / %: $357,000 / 100%
  • Gross Yield: 8.054%
  • APN: 31-22-32-9797-01-210
  • Situs County: Orange
  • Length Of Ownership: 6 years, 7 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: 1,727/SqFt
  • Lot: 4,085/SqFt
  • Gross: 2,173/SqFt
  • Garage: 220/SqFt
  • Living: 1,727/SqFt
  • Building: 2,173/SqFt
  • Ground: 1,118/SqFt
  • Garage Finished: 220/SqFt
  • Price Per Square Foot: $154.60

Legal Description

  • Description: WOODLAND TERRACE AT TIMBER SPRINGS 62/64 LOT 121
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: 28.535904 / -81.14928
  • Subdivision: Woodland Terrace At Timber Spgs
  • Property Class: Residential
  • Zoning: P-D
  • County Use Code: 0121

Amenities

  • Heating Fuel Type: Electric
  • Plus Four: 6763
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $345
  • H O A Two: $577
  • H O A Amount: $922
  • H O A One Frequency: Monthly
  • H O A Two 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

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

Taxes

551 Terrace Spring Dr has 10 associated Taxes items

551 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 $323,410. The APN we've located for 551 Terrace Spring Dr is 31-22-32-9797-01-210.

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Taxes
  • Assessed Value:  $323,410
  • Assessed Year:  2026
  • Assessed County:  Orange
  • APN:  31-22-32-9797-01-210
  • Assessed Land Value:  55000
  • Market Land Value:  55000
  • Tax Amount:  5509.73
  • Tax Year:  2025
  • Market Value:  323410
  • Market Year:  2026

Tax History

551 Terrace Spring Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $323,410 Land Value $55,000 Improvement Value $268,410 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $5,509.73 Change Rate +0.070539% Assessed CR Tax Rate
Year 2024 Assessed Value $306,629 Land Value Improvement Value Tax Amount $5,146.69 Change Rate +0.121696% Assessed CR Tax Rate +0.016785%
Year 2023 Assessed Value $307,256 Land Value $55,000 Improvement Value $252,256 Tax Amount $4,588.31 Change Rate +0.119108% Assessed CR Tax Rate +0.014933%
Year 2022 Assessed Value $266,863 Land Value $55,000 Improvement Value $211,863 Tax Amount $4,099.97 Change Rate +0.139295% Assessed CR Tax Rate +0.015364%
Year 2021 Assessed Value $209,432 Land Value $40,000 Improvement Value $169,432 Tax Amount $3,598.69 Change Rate +0.052125% Assessed CR Tax Rate +0.017183%
Year 2020 Assessed Value $196,737 Land Value $26,000 Improvement Value $170,737 Tax Amount $3,420.4 Change Rate +0.004361% Assessed CR Tax Rate +0.017386%
Year 2019 Assessed Value $197,042 Land Value $25,000 Improvement Value $172,042 Tax Amount $3,405.55 Change Rate +0.093096% Assessed CR Tax Rate +0.017283%
Year 2018 Assessed Value $173,446 Land Value $22,000 Improvement Value $151,446 Tax Amount $3,115.51 Change Rate +0.041325% Assessed CR Tax Rate +0.017962%
Year 2017 Assessed Value $164,918 Land Value $17,500 Improvement Value $147,418 Tax Amount $2,991.87 Change Rate -0.055301% Assessed CR Tax Rate +0.018142%
Year 2016 Assessed Value $172,929 Land Value $30,000 Improvement Value $142,929 Tax Amount $3,167.01 Change Rate +0.054177% Assessed CR Tax Rate +0.018314%
Year 2015 Assessed Value $161,612 Land Value $30,000 Improvement Value $131,612 Tax Amount $3,004.25 Change Rate +0.075016% Assessed CR Tax Rate +0.018589%
Year 2014 Assessed Value $143,219 Land Value $30,000 Improvement Value $113,219 Tax Amount $2,794.61 Change Rate Assessed CR Tax Rate +0.019513%