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1516 South Madison Avenue

1516 South Madison Avenue, Clearwater, FL 33756
House in Clearwater
Sold Nov 29, 2021
$260,000
$252,200 by Caliber Home Loans Inc
Mortgage Due Dec 01, 2041
Sold Feb 11, 2021
$129,000
$96,750 by Primary Residential Mortgage I
Mortgage Due Mar 01, 2051
1516 South Madison Avenue has been categorized by the local assessors in Clearwater, FL as a residential type of property. The building on the property was first built in 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 1971. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1516 South Madison Avenue has 932 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 1,040 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,188 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 detached garage for those who require parking. The garage measured 624 sqft. 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 frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D 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 alum/vinyl siding. While the interior walls have been made of materials we are unsure of. 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. 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, 1516 South Madison Avenue sold most recently in Nov 22, 2021 for a total of $260,000. If you work out the math, that's approximately a cost of $154.21 per sqft. Before that, the property was also sold for $129,000 in Feb 10, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,888 in taxes each year. 1516 South Madison Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $191,249. If we break it down further, the land itself was valued at $91,315. Improvements to the property, however, were assessed at a total of $99,934. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Wood Exterior

Driveway

Driveway

Parking

Garage Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Custom
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Other
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 624
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,188
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,686
  • Gross Building Area: 1,686
  • Building Area: 932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAROLINA TERRACE
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAROLINA TERRACE BLK A, LOT 5

Ownership

  • Current Owner : LATIMER RASHAWN
  • Current Owner 2: MAYS ERIN
  • Previous Owner : BORSICK LAURA E
  • Previous Owner 2: BORSICK MATTHEW A
  • Owner Before Previous Owner: GOODEN ERIK K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 025800

Geography

  • Assessors Map Reference: 107
  • Account Number: R237200
  • District: CW
  • Subdivision Tract Number: 13662
  • Parcel: 22-29-15-13662-001-0050
  • Block: A
  • Lot: 5
  • Meridian: SEC 22 TWN 29S RNG 15E
  • Municipality: CLEARWATER
  • Latitude: 27.9419
  • Longitude: -82.7893

    Address

  • Full Address: 1516 S Madison Ave
  • Address - House Number: 1516
  • Street Direction: S
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Clearwater
  • Carrier Code: C001
  • 4-Digit Zip Code: 2130
  • Zip Code: 33756

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,888
  • Tax Rate Code Area: CW

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 311,366
  • High Value: 376,124
  • Low Value: 246,607

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $252,200
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Nov 29, 2021
  • First Open Lien Mortgage Loan Amount: $252,200
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2041

    Market Valuation

  • Market Total Value: $191,249
  • Market Land Value: $91,315
  • Market Improvement Value: $99,934

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $191,249
  • Assessed Land Value: $91,315
  • Assessed Improvements Value: $99,934

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Transaction ID: 11872638136
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021384261
  • Previous Sale Recording Date: Feb 11, 2021
  • Previous Sale Contract Date: Feb 10, 2021
  • Previous Sale Amount: $129,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Nov 29, 2021
  • First Mortgage Loan Amount: $252,200
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Feb 11, 2021
  • Previous Mortgage Loan Amount: $96,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Clearwater



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Frequently Asked Questions

What neighborhood is 1516 South Madison Avenue located in?
The 1516 South Madison Avenue is a house located in the neighborhood of Clearwater in Clearwater, Clearwater.
What is the average sales price for listings in 1516 South Madison Avenue?
The average sales price for units in 1516 South Madison Avenue is $0 currently.

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