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487 Severn Avenue

487 Severn Avenue, Tampa, FL 33606
Property in Davis Islands
Sold Dec 29, 2023
$1,324,000
$250,000 by Bank Of America, N.a.
Mortgage Due Feb 12, 2054
Sold Mar 06, 2023
$1,650,000
487 Severn Avenue has been categorized by the local assessors in Tampa, FL as a residential type of property. The building on the property was first built in 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 2003. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 487 Severn Avenue has 2,503 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 1,380 ft and across the front of the lot is 1,166 ft. The area measurement of the land has been determined as 16,494 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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 480 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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 C by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of masonry. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 487 Severn Avenue was last sold in Dec 29, 2023 for $1,324,000. According to our calculations, that's $443.85 per sqft. Prior to that sales transaction, the property was sold for $1,650,000 in Mar 3, 2023. Current property owners are expected to pay $10,292 in taxes per year. The property on 487 Severn Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $564,259. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,494
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 1,166
  • Total Building Area: 2,983
  • Gross Building Area: 2,997
  • Building Area: 2,503
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,503
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BYARS THOMPSON ADDITION DAVIS ISLAND
  • Land Acres: 0.379
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BYARS THOMPSON ADDITION DAVIS ISLAND NLY 38 FT OF LOT 5 ALL LOT 6 AND SLY 8 FT OF LOT 7 BLOCK 3

Ownership

  • Current Owner : RONEY BRIAN
  • Current Owner 2: RONEY HANNA
  • Previous Owner : PFG PROPERTIES LTD
  • Owner Before Previous Owner: WILLOUGHBY JOHN P
  • Owner Before Previous Owner 2: WILLOUGHBY LAURAN A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 005401

Zoning

  • Zoning: RS-75

Geography

  • Assessors Map Reference: 98
  • Subdivision Tract Number: 50I
  • Parcel: 196413-0000
  • Block: 3
  • Lot: 5
  • Meridian: SEC 36 TWN 29S RNG 18E
  • Municipality: TAMPA
  • Latitude: 27.9162
  • Longitude: -82.457

    Address

  • Full Address: 487 Severn Ave
  • Address - House Number: 487
  • Address - Street Name: Severn
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Tampa
  • Carrier Code: C037
  • 4-Digit Zip Code: 3826
  • Zip Code: 33606

Valuation

    Tax

  • Total Area: 2,747
  • Tax Year: 2023
  • Tax Amount: $10,292
  • Tax Rate Code Area: TA

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,485,310
  • High Value: 1,742,989
  • Low Value: 1,227,631

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: Feb 22, 2024
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Feb 12, 2054

    Market Valuation

  • Market Total Value: $1,155,477
  • Market Land Value: $844,120
  • Market Improvement Value: $311,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $564,259

    Sales

  • Current Sale Contract Date: Dec 29, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Transaction ID: 11918804932
  • Current Sale Price: $1,324,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 588343
  • Previous Sale Recording Date: Mar 06, 2023
  • Previous Sale Contract Date: Mar 03, 2023
  • Previous Sale Amount: $1,650,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 487 Severn Avenue located in?
The 487 Severn Avenue is a located in the neighborhood of Davis Islands in Davis Islands, Tampa.
What is the average sales price for listings in 487 Severn Avenue?
The average sales price for units in 487 Severn Avenue is $0 currently.

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