See Home Value
$963,502*
House - Off Market

508 MADRID DRIVE

TIERRA VERDE, FL 33715
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2376 Sqft
$842,000 - $1,028,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
Sold Mar 02, 2023
$820,000
$550,000 by Cardinal Financial Company, Li
Mortgage Due Mar 01, 2053
Sold Aug 16, 2011
$365,000
$292,000 by Suntrust Mortgage Inc
Mortgage Due Sep 01, 2041

About This Property

Come live the island lifestyle on Tierra Verde in this beautiful pool home that is situated on a quiet street with a cul-de-sac. Modern split floor plan with volume ceilings.  Living areas and master bedroom have views of the screened lanai and pool area.  The open kitchen features granite counters a dinette and is open to the family room with a pool view. The 3rd and 4th bedrooms are very private and would be ideal for a home office or out of town guests. Many restaurants, marinas and a hotel are all on the island. Close to amazing beaches and kayaking at Ft Desoto Park.  Quick access to the Gulf beaches of St Pete Beach and only a 15 minute drive to vibrant downtown St Petersburg.  St Pete Clearwater and Tampa airport are just a short drive away.  Bradenton /Sarasota are just a short drive South over the Sunshine Skyway bridge

The manager has listed the unit size as 2376 square feet.
Unit Size
2,376Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$394
Property Type
House
Property Taxes
$510
HOA Dues
$192
Year Built
1997

Price History

Date / Event Date Event Price
Mar 2, 2023 No longer available -
No longer available
Mar 2, 2023 Sold to Elizabeth Demayo, Jeffrey D... $820,000
Sold to Elizabeth Demayo, Jeffrey D...
Jan 29, 2023 In contract -
In contract
Jan 14, 2023 Price Decreased $935,000
↓ $50K (5.1%)
Price Decreased
Dec 23, 2022 Price Decreased $985,000
↓ $40K (3.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: B
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Other
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,997
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,155
  • Gross Building Area: 3,155
  • Building Area: 2,376
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,376
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIERRA VERDE UNIT 1
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TIERRA VERDE UNIT 1 4TH REP BLK C, LOT 8

Ownership

  • Current Owner : DEMAYO JEFFREY
  • Current Owner 2: DEMAYO ELIZABETH
  • Previous Owner : MIRLENBRINK BRIAN K
  • Previous Owner 2: MIRLENBRINK MARY S
  • Owner Before Previous Owner: BRAVERMAN SUZANNE I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0011
  • Census Tract: 020106

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 297C
  • Account Number: R214706
  • District: TVF
  • Subdivision Tract Number: 90900
  • Parcel: 19-32-16-90900-003-0080
  • Block: C
  • Lot: 8
  • Meridian: SEC 19 TWN 32S RNG 16E
  • Municipality: TIERRA VERDE FIRE
  • Latitude: 27.6848
  • Longitude: -82.7269

    Address

  • Full Address: 508 Madrid Dr
  • Address - House Number: 508
  • Address - Street Name: Madrid
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Saint Petersburg
  • Carrier Code: C053
  • 4-Digit Zip Code: 2028
  • Zip Code: 33715

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,005
  • Tax Rate Code Area: TVF

    Appraisal Valuation

  • Standard Deviation: 0.2019
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 1,026,861
  • High Value: 1,234,279
  • Low Value: 819,444

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $550,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY, LI
  • First Open Lien Mortgage Recording Date: Mar 02, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $550,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $698,394
  • Market Land Value: $333,951
  • Market Improvement Value: $364,443

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $383,631

    Sales

  • Current Sale Contract Date: Feb 23, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Transaction ID: 11903248074
  • Current Sale Price: $820,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54321
  • Previous Sale Recording Date: Aug 16, 2011
  • Previous Sale Contract Date: Aug 02, 2011
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY, LI
  • First Mortgage Transaction Date: Mar 02, 2023
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 16, 2011
  • Previous Mortgage Loan Amount: $292,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2041



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,187 ft²
$480/ft²
$1,049,000 Sep 23, 2022
-
$474/mo
House
3 Beds
2 Baths
1,587 ft²
$614/ft²
$975,000 Aug 11, 2022
-
$372/mo
Townhouse
3 Beds
3 Baths
2,213 ft²
$370/ft²
$819,900 Nov 21, 2022
-
$1,129/mo
Townhouse
3 Beds
3 Baths
1,585 ft²
$536/ft²
$849,000 Nov 16, 2022
-
$1,597/mo
Townhouse
3 Beds
2 Baths
1,375 ft²
$549/ft²
$755,000 Dec 15, 2022
-
$383/mo
Condo
2 Beds
2.5 Baths
1,625 ft²
$553/ft²
$899,000 Jan 11, 2023
-
$2,175/mo

About Tierra Verde


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Frequently Asked Questions

When was property at 508 Madrid Drive built and last sold?
The property at 508 Madrid Drive was built in 1997 and last sold on Feb 23, 2023 for $820,000.
How much is this home worth?
The estimated value of the home located at 508 Madrid Drive is $1,097,029.
What are some comparable homes to 508 Madrid Drive?
Homes that are comparable to 508 Madrid Drive include a house property at 297 Monte Cristo Boulevard, a townhouse property at 385 8th Avenue North, 295 Madeira Circle.

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