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8141 124th Terrace

8141 124th Terrace, Largo, FL 33773
Property in Somerset Lakes
Sold Mar 02, 2000
$21,700
$70,000 by Crossland Mtg Corp
Mortgage
Sold Aug 10, 1994
$100,000
$70,000 by Crossland Mtg Corp
Mortgage
8141 124th Terrace has been categorized by the local assessors in Largo, FL as a residential type of property. The building on the property was first built in 1989 and is 35 years old. However, we must point out that the home was most recently renovated and altered in 1993. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8141 124th Terrace has 1,798 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 7,135 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 520 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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 gable or hip style roof made of materials that we aren't sure of. The exterior walls of the building are made of brick. While the interior walls have been made of a material which is produced from two or more constituent materials. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 8141 124th Terrace sold most recently in Jan 1, 1970 for a total of $21,700. If you work out the math, that's approximately a cost of $8.55 per sqft. Before that, the property was also sold for $100,000 in Jul 21, 1994. 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 $1,982 in taxes each year. 8141 124th Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $143,975. 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.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: 1989
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,135
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,537
  • Gross Building Area: 2,537
  • Building Area: 1,798
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,798
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERSET LAKES UNIT FOUR
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOMERSET LAKES UNIT FOUR LOT 78

Ownership

  • Current Owner : SMITH MARJORIE
  • Current Owner 2: SMITH STEVEN
  • Previous Owner : SMITH MARJORIE
  • Previous Owner 2: SMITH STEVEN
  • Owner Before Previous Owner: CORAL GABLES FED SAV & LOAN ASSN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0011, L243
  • Census Tract: 025021

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 143
  • Account Number: R132368
  • District: STF
  • Subdivision Tract Number: 83917
  • Parcel: 12-30-15-83917-000-0780
  • Lot: 78
  • Meridian: SEC 12 TWN 30S RNG 15E
  • Municipality: SEMINOLE FIRE
  • Latitude: 27.8854
  • Longitude: -82.7517

    Address

  • Full Address: 8141 124th Ter
  • Address - House Number: 8141
  • Address - Street Name: 124th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Largo
  • Carrier Code: R011
  • 4-Digit Zip Code: 2924
  • Zip Code: 33773

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,982
  • Tax Rate Code Area: STF

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 487,548
  • High Value: 580,907
  • Low Value: 394,190

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: CROSSLAND MTG CORP
  • First Open Lien Mortgage Recording Date: Aug 10, 1994
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $312,837
  • Market Land Value: $155,414
  • Market Improvement Value: $157,423

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $143,975

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Mar 02, 2000
  • Current Sale Transaction ID: 1163161021
  • Current Sale Price: $21,700
  • Current Sale Document Type: Quit Claim Deed
  • Previous Sale Recording Date: Aug 10, 1994
  • Previous Sale Contract Date: Jul 21, 1994
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: CROSSLAND MTG CORP
  • Previous Mortgage Transaction Date: Aug 10, 1994
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $70,000
  • Previous Mortgage Term: 360

About Somerset Lakes



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Frequently Asked Questions

What neighborhood is 8141 124th Terrace located in?
The 8141 124th Terrace is a located in the neighborhood of Somerset Lakes in Somerset Lakes, Largo.
What is the average sales price for listings in 8141 124th Terrace?
The average sales price for units in 8141 124th Terrace is $0 currently.

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