NOT LISTED FOR SALE

5040 Sunridge Palms Dr Tampa, FL 33617

Estimated Value: $236,000 - $267,000

3 Beds
4 Baths
2,075 Sq Ft
$122/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $160,000 $77 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,170/month

9 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Central Heating and Cooling System
  • King High School Rated A-
  • Sliding Doors

About This Home

As of June 2021

Excellent investment opportunity. Located directly across the street from USF campus, this 3 bedroom 3.5 bath condo is perfect for roommates The living area and kitchen are on the first floor. There is a 1/2 bath on the first floor for all guests. Floor #2 has 2 bedroom each with its own private bathroom. Floor #3 has a large master size bedroom, walk in closet and private bathroom. . This condo also features a large utility room for extra storage and a dedicated laundry area. Bedrooms have balconies and the main living area, have sliding glass doors to the exterior Community Pool. Steps away from USF. Call to schedule your showing today!

Last Agent to Sell the Property

Lori Moses

EXIT BAYSHORE REALTY License #3174800 Listed on: 04/23/2021

Last Buyer's Agent

Lori Moses

EXIT BAYSHORE REALTY License #3174800 Listed on: 04/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,604

Year Built

  • Built in 1998

Lot Details

  • 718 Sq Ft Lot
  • Additional Parcels

HOA Fees

  • $474 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Cement Siding
  • Block Exterior

Interior Spaces

  • 2,075 Sq Ft Home
  • Sliding Doors

Additional Features

  • Reclaimed Water Irrigation System
  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • 20 Buildings
  • 4 Units
  • Scott Thurman Association, Phone Number (813) 386-2565
  • Sunridge Of Tampa Bay A Condom Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • 1 Pet Allowed
  • Large pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,604

Year Built

Built in 1998

Lot Details

0

HOA Fees

$474 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Cement Siding, Concrete, Wood Frame
  • Fireplace: No
  • Living Area: 2075
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1998
  • Lot Size Sq Ft: 718
  • Number Of Lots: 4
  • Directions to Property: Fowler to north on 50, development on the right
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3302928?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3302928?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91429
  • Price per Sq Ft: 77.11
  • Close to Original List Price Ratio: 0.91429
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Street Number Modifier: 5040
  • Number Of Buildings: 20

Exterior Features

  • Exterior Features: Balcony, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0217H
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Irrigation-Reclaimed Water, Pool, Sidewalk
  • Association Fee: 474
  • Association Fee Frequency: Monthly
  • Association Name: Scott Thurman
  • Phone: 813-386-2565
  • Association: Yes
  • Senior Community: No
  • Association Email: sthurman@associagulfcoast.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5688
  • Monthly HOA Fee: 474
  • Total Monthly Fees: 474

Lot Info

  • Zoning: PD
  • Parcel Number: U-10-28-19-92Z-012411-00513.0
  • Additional Parcels: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Approval Process: BOD yet approve $75/person background check. Copy of sales contract and lease must accompany
  • Pet Restrictions: check with HOA
  • Lease Restrictions Y N: Yes

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2604
  • Tax Block: 012411
  • Tax Book Number: 21-166
  • Tax Lot: 00513

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 16, 2021
Sold by
Soltau Robert F
Bought by
D & D Condo Holdings Llc
Seller's Agent
Lori Moses
EXIT BAYSHORE REALTY
Buyer's Agent
Lori Moses
EXIT BAYSHORE REALTY
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$252,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,713
Avg. Annual Appreciation
11.38%

Purchase Details

Closed on
Jul 19, 2011
Sold by
Bedell Melvin and Bedell Karen
Bought by
Soltau Robert F

Purchase Details

Closed on
Nov 30, 2007
Sold by
21 Century Pt Llc
Bought by
Bedell Melvin and Bedell Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,291
Interest Rate
6.22%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
D & D Condo Holdings Llc $160,000 Old Tampa Bay Title Llc
Soltau Robert F $70,000 Masterpiece Title
Bedell Melvin $207,000 Smith & Associates Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bedell Melvin $186,291
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $160,000 -8.6% $77 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $175,000 -- $84 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $3,866 $222,770 $100 $222,670
2023 $3,565 $209,375 $100 $209,275
2022 $3,220 $182,430 $100 $182,330
2021 $2,759 $158,757 $100 $158,657
2020 $2,604 $145,581 $100 $145,481
2019 $2,501 $148,984 $100 $148,884
2018 $2,292 $131,647 $0 $0
2017 $2,062 $111,906 $0 $0
2016 $1,849 $92,983 $0 $0
2015 $1,750 $85,400 $0 $0
2014 $1,614 $77,636 $0 $0
2013 -- $70,578 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3302928

Stellar MLS

APN: U-10-28-19-92Z-012411-00513.0