Check Availability

5501 North McKay Avenue

5501 North McKay Avenue, Tampa, FL 33603
House in Riverbend
Sold May 07, 2021
$225,000
$220,924 by My Mortgage Inc
Mortgage Due Jun 01, 2051
Sold Sep 12, 2019
$92,500
Nearby Listings
The property has no active listings. Please see other similar options below.
Unit for sale at 922 W CANDLEWOOD AVENUE, TAMPA, FL 33603

$475,000

  • 3 Beds
  • 2 Baths
  • 1,339 ft²
922 W CANDLEWOOD AVENUE, TAMPA, FL 33603 Listing by Lizbeth Fanfan

Unit for sale at 1504 W BARR DRIVE, TAMPA, FL 33603

$559,900

  • 4 Beds
  • 2 Baths
  • 2,359 ft²
1504 W BARR DRIVE, TAMPA, FL 33603 Listing by Rob Jones

Unit for sale at 1915 W MOHAWK AVENUE, TAMPA, FL 33603

$365,000

  • 4 Beds
  • 2 Baths
  • 1,272 ft²
1915 W MOHAWK AVENUE, TAMPA, FL 33603 Listing by Daniel Abreu

Local assessors in Tampa, FL have categorized 5501 North McKay Avenue as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 5,802 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 442 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5501 North McKay Avenue has a total of 849 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 190 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 good. 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 frame 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 - D. The building has a gable or hip style roof that was made of asphalt. Lots of concrete block 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. 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, 5501 North McKay Avenue sold most recently in May 6, 2021 for a total of $225,000. If you work out the math, that's approximately a cost of $265.02 per sqft. Before that, the property was also sold for $92,500 in Aug 28, 2019. 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 $2,351 in taxes each year. 5501 North McKay Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $159,977. If we break it down further, the land itself was valued at $51,069. Improvements to the property, however, were assessed at a total of $108,908. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Concrete block
  • 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: Carport
  • Garage Square Area: 190
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,802
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 442
  • Total Building Area: 849
  • Gross Building Area: 1,123
  • Building Area: 849
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 849
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERSIDE ESTATES
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVERSIDE ESTATES LOT 13 BLOCK 4

Ownership

  • Current Owner : RUIZ SANDRA CAROLINA HERNANDEZ
  • Previous Owner : SELECTIVE CONSULTING SERVICES INC
  • Owner Before Previous Owner: BORGES MARIA N
  • Owner Before Previous Owner 2: RICOFER MARIA N
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 001400

Zoning

  • Zoning: RS-50

Geography

  • Assessors Map Reference: 80
  • Subdivision Tract Number: 3H3
  • Parcel: 104819-0000
  • Block: 4
  • Lot: 13
  • Meridian: SEC 35 TWN 28S RNG 18E
  • Municipality: TAMPA
  • Latitude: 27.9974
  • Longitude: -82.4737

    Address

  • Full Address: 5501 N Mckay Ave
  • Address - House Number: 5501
  • Street Direction: N
  • Address - Street Name: Mckay
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Tampa
  • Carrier Code: C031
  • 4-Digit Zip Code: 1209
  • Zip Code: 33603

Valuation

    Tax

  • Total Area: 927
  • Tax Year: 2023
  • Tax Amount: $2,351
  • Tax Rate Code Area: TA

    Appraisal Valuation

  • Standard Deviation: 0.2003
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 312,102
  • High Value: 374,643
  • Low Value: 249,562

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,924
  • First Open Lien Mortgage Lender: MY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 07, 2021
  • First Open Lien Mortgage Loan Amount: $220,924
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Market Valuation

  • Market Total Value: $159,977
  • Market Land Value: $51,069
  • Market Improvement Value: $108,908

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,977
  • Assessed Land Value: $51,069
  • Assessed Improvements Value: $108,908

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 06, 2021
  • Current Sale Recording Date: May 07, 2021
  • Current Sale Transaction ID: 11835421232
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021230985
  • Previous Sale Recording Date: Sep 12, 2019
  • Previous Sale Contract Date: Aug 28, 2019
  • Previous Sale Amount: $92,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MY MORTGAGE INC
  • First Mortgage Transaction Date: May 07, 2021
  • First Mortgage Loan Amount: $220,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2051

About Northwest Tampa



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 3416 Oak Trail Court, TAMPA, FL, 33614

$1,595 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,092 ft²
3416 Oak Trail Court, TAMPA, FL, 33614 Listing by Mo Aram Bonyar
Unit for rent at 1521 E 28th Ave, Tampa, FL, 33605

$1,695 /mo

  • 2 Beds
  • 1 Bath
  • 747 ft²
1521 E 28th Ave #1521 E 28th Ave, Tampa, FL, 33605 Listing by Manager

Frequently Asked Questions

What neighborhood is 5501 North McKay Avenue located in?
The 5501 North McKay Avenue is a house located in the neighborhood of Riverbend in Northwest Tampa, Tampa.
What is the average sales price for listings in 5501 North McKay Avenue?
The average sales price for units in 5501 North McKay Avenue is $0 currently.

Quantcast