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505 South Delaware Avenue

505 South Delaware Avenue, Tampa, FL 33606
Sold Mar 04, 2022
$611,000
$560,000 by New Silver Lending Llc
Mortgage Due May 31, 2024
Sold Dec 02, 2004
$220,000
$176,000 by The Mortgage Center Of Smith &
Mortgage Due Dec 01, 2034
Local assessors in Tampa, FL have categorized 505 South Delaware Avenue as a residential type of property. The home was built in 1919 and is 105 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 3,178 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 505 South Delaware Avenue has a total of 1,659 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of asphalt. Lots of masonry were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 505 South Delaware Avenue was last sold in Feb 25, 2022 for $611,000. According to our calculations, that's $389.42 per sqft. Prior to that sales transaction, the property was sold for $220,000 in Nov 24, 2004. Current property owners are expected to pay $6,405 in taxes per year. The property on 505 South Delaware Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $329,688. To break that down further, the land itself was valued at $156,960. While improvements to the property were assessed at a total of $172,728. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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.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: 1919
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 2
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,178
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,569
  • Gross Building Area: 1,944
  • Building Area: 1,659
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,659
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYWOOD
  • Land Acres: 0.073
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: BAYWOOD N 40 FT OF E 80 FT OF S 1/2 OF BLOCK C

Ownership

  • Current Owner : WILLOW STREET PROPERTIES LLC
  • Previous Owner : ENSMINGER DIANE R
  • Previous Owner 2: ENSMINGER KEVIN
  • Owner Before Previous Owner: DUNCAN EDWARD
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 005500

Zoning

  • Zoning: RM-16

Geography

  • Assessors Map Reference: 84
  • Subdivision Tract Number: 4SW
  • Parcel: 185015-0000
  • Block: C
  • Lot: 6
  • Meridian: SEC 23 TWN 29S RNG 18E
  • Municipality: TAMPA
  • Latitude: 27.9393
  • Longitude: -82.4708

    Address

  • Full Address: 505 S Delaware Ave
  • Address - House Number: 505
  • Street Direction: S
  • Address - Street Name: Delaware
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Tampa
  • Carrier Code: C045
  • 4-Digit Zip Code: 2608
  • Zip Code: 33606

Valuation

    Tax

  • Total Area: 1,684
  • Tax Year: 2023
  • Tax Amount: $6,405
  • Tax Rate Code Area: TA

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 431,953
  • High Value: 620,640
  • Low Value: 243,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: NEW SILVER LENDING LLC
  • First Open Lien Mortgage Recording Date: Jun 08, 2023
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $560,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 31, 2024

    Market Valuation

  • Market Total Value: $329,688
  • Market Land Value: $156,960
  • Market Improvement Value: $172,728

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,688
  • Assessed Land Value: $156,960
  • Assessed Improvements Value: $172,728

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Transaction ID: 11882377128
  • Current Sale Price: $611,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 115589
  • Previous Sale Recording Date: Dec 02, 2004
  • Previous Sale Contract Date: Nov 24, 2004
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW SILVER LENDING LLC
  • First Mortgage Transaction Date: Mar 04, 2022
  • First Mortgage Loan Amount: $729,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 25, 2023

    Previous Mortgages

  • Previous Mortgage Lender: THE MORTGAGE CENTER OF SMITH &
  • Previous Mortgage Transaction Date: Dec 02, 2004
  • Previous Mortgage Loan Amount: $176,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Dec 01, 2034

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Frequently Asked Questions

What neighborhood is 505 South Delaware Avenue located in?
The 505 South Delaware Avenue is a located in the neighborhood of Historic Hyde Park North in Southwest Tampa, Tampa.
What is the average sales price for listings in 505 South Delaware Avenue?
The average sales price for units in 505 South Delaware Avenue is $0 currently.

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