Seller's Agent in 2021
Ed Cole
FLORIDA EXECUTIVE REALTY
(813) 520-9894
16 in this area
34 Total Sales
501 S Riverhills Dr Temple Terrace, FL 33617
Estimated Value: $858,000 - $1,383,143
5
Beds
4.5
Baths
5,356
Sq Ft
$211/Sq Ft
Est. Value
Highlights
- Public Boat Ramp
- Water Access
- Oak Trees
- King High School Rated A-
- Fitness Center
- 5-minute walk to Biltmore Park
About This Home
As of May 2021No HOA or CCD fees for this custom built 5 bedroom 4.5 bath home that offers modern living on the historic Hillsborough River. The 5,300+sf home resides on a estate lot of over 2 acres which provides your own waterfront oasis. The backyard has been transformed into your personal nature retreat featuring waterfalls feeding lily and fishponds, gazebo, putting green, and a multi-tiered deck leading down to the banks of the Hillsborough River. With close to 200ft of river frontage, you can jump onto your boat by taking advantage of the deep water access from your newly decked 40ft dock. Though the house was constructed in 1969, it was completely rebuilt in 2005 with all new electrical, plumbing, and 3 HVAC systems. Additional modern upgrades include a metal roof, windows, doors, high impact sliders and 2 gas instant hot water heaters. The kitchen is perfect for a master chef as it features a Jade commercial gas range, 2 (TWO) dishwashers, an abundance of cabinetry, granite countertops, walk-in pantry and a wine cooler which holds 400+ bottles of your favorite vino. You will enjoy unobstructed views of the backyard from the kitchen, dining room, family room, two secondary bedrooms as well as master bedroom. Speaking of the master bedroom, the master suite delivers a high-end spa like experience normally only found at 5-Star resorts. Additionally, two of the other bedrooms feature en-suite baths for family and/or guests. Just down the road is the historic TempleTerrace Golf and Country Club. As a new homeowner to the area and buyer of this home, you will receive a free 3-month family social membership to the TTGCC. TempleTerrace is a golf cart friendly community which means you can use your personal cart to go shopping or to make a trip to the TempleTerrace Rec Center. This home is an ideal location as Niche.com ranks TempleTerrace at #23 (out of 327) for best suburb to live in the state of Florida AND you are only minutes away from USF, Busch Gardens, Amalie Arena, and Raymond James Field. Call to schedule a showing!
Last Agent to Sell the Property
FLORIDA EXECUTIVE REALTY License #3271711 Listed on: 09/01/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,073
Year Built
- Built in 1969
Lot Details
- 2.02 Acre Lot
- Lot Dimensions are 128x200
- River Front
- West Facing Home
- Mature Landscaping
- Corner Lot
- Irregular Lot
- Metered Sprinkler System
- Oak Trees
- Property is zoned R-10
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Circular Driveway
Home Design
- Traditional Architecture
- Split Level Home
- Slab Foundation
- Metal Roof
- Cement Siding
Interior Spaces
- 5,356 Sq Ft Home
- 2-Story Property
- Wet Bar
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Low Emissivity Windows
- Shutters
- Drapes & Rods
- Sliding Doors
- Storage Room
- Laundry Room
- Utility Room
- Water Views
Kitchen
- Eat-In Kitchen
- Range with Range Hood
- Dishwasher
- Wine Refrigerator
- Solid Wood Cabinet
Flooring
- Wood
- Carpet
- Porcelain Tile
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
Home Security
- Security System Owned
- Security Fence, Lighting or Alarms
- Fire and Smoke Detector
Outdoor Features
- Water Access
- Balcony
- Exterior Lighting
- Gazebo
- Outdoor Grill
- Front Porch
Location
- Flood Zone Lot
- Property is near a golf course
- City Lot
Utilities
- Central Air
- Heating Available
- Thermostat
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 957100 / 5
- Assessor Parcel Number T-26-28-19-ZZZ-000005-95710.0
Community Details
Overview
- Unplatted Subdivision
- The community has rules related to allowable golf cart usage in the community
Recreation
- Public Boat Ramp
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
- Park
Security
- Gated Community
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 1, 2020
Closed on
Apr 29, 2021
Sold by
Mcphillips William H and Mcphillips Hollace W
Bought by
Wright Christopher S and Wright Jennifer E
Seller's Agent
Ed Cole
FLORIDA EXECUTIVE REALTY
Buyer's Agent
Tracy Truitt
REAL ESTATE FIRM OF FLORIDA, LLC
List Price
$1,125,000
Sold Price
$953,500
Premium/Discount to List
-$171,500
-15.24%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,036
Avg. Annual Appreciation
3.80%
Original Mortgage
$450,000
Outstanding Balance
$340,049
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$789,487
Purchase Details
Closed on
Jan 26, 2005
Sold by
Weyand Esta E
Bought by
Mcphillips William H and Mcphillips Hollace W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
5.66%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wright Christopher S | $953,500 | Attorney | |
| Mcphillips William H | $640,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wright Christopher S | $450,000 | |
| Previous Owner | Mcphillips William H | $640,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/03/2021 05/03/21 | Sold | $953,500 | -7.0% | $178 / Sq Ft |
| 02/27/2021 02/27/21 | Pending | -- | -- | -- |
| 01/29/2021 01/29/21 | Price Changed | $1,025,000 | -2.3% | $191 / Sq Ft |
| 11/23/2020 11/23/20 | Price Changed | $1,049,000 | -6.8% | $196 / Sq Ft |
| 09/01/2020 09/01/20 | For Sale | $1,125,000 | -- | $210 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $16,049 | $899,542 | -- | -- |
| 2023 | $15,685 | $873,342 | $0 | $0 |
| 2022 | $15,299 | $847,905 | $0 | $0 |
| 2021 | $7,132 | $408,222 | $0 | $0 |
| 2020 | $7,073 | $402,586 | $0 | $0 |
| 2019 | $6,962 | $393,535 | $0 | $0 |
| 2018 | $6,928 | $386,197 | $0 | $0 |
| 2017 | $6,974 | $479,366 | $0 | $0 |
| 2016 | $7,011 | $370,474 | $0 | $0 |
| 2015 | $7,002 | $367,899 | $0 | $0 |
| 2014 | $6,780 | $364,979 | $0 | $0 |
| 2013 | -- | $359,585 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Cole
-
Tracy Truitt
Buyer's Agent in 2021
Tracy Truitt
RE/MAX
(813) 453-2932
1 in this area
27 Total Sales
Map
Source: Stellar MLS
MLS Number: T3260025
APN: T-26-28-19-ZZZ-000005-95710.0
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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