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504 Channel Drive

504 Channel Drive, Tampa, FL 33606
Property in Davis Islands
Sold Dec 01, 2003
$325,000
$230,700 by Quicken Loans Llc
Mortgage Due Jan 01, 2036
Sold Nov 08, 1995
$120,000
$114,000 by North American Mortgage Co
Mortgage
504 Channel Drive 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 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 2004. The home has a total of 6 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 504 Channel Drive has 2,792 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 500 ft. The area measurement of the land has been determined as 5,370 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mansion 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 carport for those who require parking. The garage measured 252 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. 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 wood 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 metal. 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. 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, 504 Channel Drive sold most recently in Nov 24, 2003 for a total of $325,000. If you work out the math, that's approximately a cost of $116.40 per sqft. Before that, the property was also sold for $120,000 in Jan 1, 1970. 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 $5,505 in taxes each year. 504 Channel Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $320,771. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1962
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Wood
  • Building Style: Mansion
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,370
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,792
  • Gross Building Area: 3,288
  • Building Area: 2,792
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAVIS ISLANDS PB10 PG52 TO 57 AND PB17 P
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DAVIS ISLANDS PB10 PG52 TO 57 AND PB17 PG5 TO 9 LOT 14 BLOCK 109

Ownership

  • Current Owner : NELSON WILLIAM W
  • Current Owner 2: NELSON MICHELLE
  • Previous Owner : RICE JULIAN I
  • Owner Before Previous Owner: SHANK VICTOR C
  • Owner Before Previous Owner 2: SHANK S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RS-60

Geography

  • Assessors Map Reference: 112
  • Subdivision Tract Number: 509
  • Parcel: 196262-0000
  • Block: 109
  • Lot: 14
  • Meridian: SEC 30 TWN 29S RNG 19E
  • Municipality: TAMPA
  • Latitude: 27.9237
  • Longitude: -82.4501

    Address

  • Full Address: 504 Channel Dr
  • Address - House Number: 504
  • Address - Street Name: Channel
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Tampa
  • Carrier Code: C046
  • 4-Digit Zip Code: 3908
  • Zip Code: 33606

Valuation

    Tax

  • Total Area: 2,744
  • Tax Year: 2023
  • Tax Amount: $5,505
  • Tax Rate Code Area: TA

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 1,222,843
  • High Value: 1,444,764
  • Low Value: 1,000,922

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,700
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Dec 28, 2020
  • First Open Lien Mortgage Loan Amount: $230,700
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $828,079
  • Market Land Value: $524,400
  • Market Improvement Value: $303,679

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,771

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 24, 2003
  • Current Sale Recording Date: Dec 01, 2003
  • Current Sale Transaction ID: 1031624479
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2003502671
  • Previous Sale Recording Date: Nov 08, 1995
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • First Mortgage Transaction Date: Dec 01, 2003
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Dec 01, 2033
  • Second Mortgage Loan Amount: $48,750

    Previous Mortgages

  • Previous Mortgage Lender: NORTH AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 08, 1995
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $114,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Davis Islands



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Frequently Asked Questions

What neighborhood is 504 Channel Drive located in?
The 504 Channel Drive is a located in the neighborhood of Davis Islands in Davis Islands, Tampa.
What is the average sales price for listings in 504 Channel Drive?
The average sales price for units in 504 Channel Drive is $0 currently.

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