NOT LISTED FOR SALE

505 S Riverhills Dr Temple Terrace, FL 33617

Estimated Value: $1,069,000 - $1,313,450

5 Beds
4.5 Baths
4,785 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $845,000 $177 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,490/month

31 Days on Market

Highlights

  • 108 Feet of Waterfront
  • Boat Dock
  • River View
  • King High School Rated A-
  • River Access
  • 4-minute walk to Biltmore Park

About This Home

As of January 2019

Built for grandeur living, this luxurious 2 story estate home is perfect for complete serenity & for entertaining your beloved family & friends. The custom wrought Iron electric gates welcome you to your private oasis w/manicured landscaping & lead you to the exquisite main arched entryway. Custom Etched Glass entry doors open to a majestic foyer where this 5 bedrooms plus a Den, 4.5 baths, 2 car garage, 4,785 sq ft with Barrel Tiled Roof starts unveiling itself to you. Natural light makes its way through the large windows throughout the home & reveals magnificent water views from many of the spacious rooms – with soaring vaulted ceilings throughout, the spacious family room presents a cozy wood burning fireplace perfect for gatherings or reading a book. The large gourmet kitchen welcomes everyone with its luxurious granite countertops, large island, Dacor 6 burner gas stove, Thermadore Refrigerator, Bosche D/W, & an abundance of storage. First floor offers 3 bedrooms, a completely private guest/in-law bedroom and a large laundry room. The sweeping grand staircase leads you to the second floor where the spacious and light filled master suite with 2 oversized walk-in closets, his/hers vanities, walk-in shower & private screened in balcony overlooking the water! Second floor is completed with an additional bedroom and an executive office. This entire oasis is complete with a private boardwalk & your own gradiose gazebo right on the river as your own slice of romantic Heaven. No Flood Insurance Required!

Last Agent to Sell the Property

Jonae Peck

KELLER WILLIAMS SOUTH TAMPA License #620295 Listed on: 10/07/2018

KELLER WILLIAMS SOUTH TAMPA

Last Buyer's Agent

Khaled Elfallah

FUTURE HOME REALTY INC License #3161015

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,799

Year Built

  • Built in 1990

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 150x246
  • 108 Feet of Waterfront
  • River Front
  • Fenced
  • Mature Landscaping
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned R-10

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • River
  • Canal

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 4,785 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • River Access
  • Access to Freshwater Canal
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Temple Terrace Elementary School
  • Greco Middle School
  • King High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Orange River Estates Unit 02 A Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,799

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Spanish/Mediterranean
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 4785
  • Lot Size Acres: 0.85
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 6238
  • Lot Size Sq Ft: 36900
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3134984&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3134984&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.93889
  • Price per Sq Ft: 176.59
  • Close to Original List Price Ratio: 0.93889
  • Ratio: Current Price\Building Area Total: 135.46
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 2
  • Window Features: Blinds
  • Room Count: 9
  • Additional Rooms: Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Interior In-Law Suite
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Fenced, Lighting
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Hillsborough River
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened
  • Water View: Canal, River
  • Water Access: Canal - Freshwater, River
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Waterfront Frontage: 108
  • Water Frontage Feet River: 108

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Gas, Public
  • Cooling: Central Air
  • Heating: Central, Electric, Propane
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Amenities: Boat Dock
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Temple Terrace-HB
  • High School: King-HB
  • Middle Or Junior School: Greco-HB

Lot Info

  • Zoning: R-10
  • Parcel Number: T-26-28-19-ZZZ-000005-95670.0
  • Additional Parcels: No
  • Lot Features: Oversized Lot
  • Lot Dimensions: 150x246
  • Flood Zone Code: R-10
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 12799
  • Tax Block: 5
  • Tax Book Number: 51-28
  • Tax Lot: 0

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 21, 2020
Sold by
Ahmed Syed Elias and Ahmed Fouzia
Bought by
Ahmed Syed Elias and Ahmed Revocable Trust
Current Estimated Value
$1,180,863

Purchase Details

Listed on
Oct 7, 2018
Closed on
Jan 11, 2019
Sold by
Sperry Zaccaria and Pavesi Carol Lynn
Bought by
Ahmed Syed Elias
Seller's Agent
Jonae Peck
KELLER WILLIAMS SOUTH TAMPA
Buyer's Agent
Khaled Elfallah
FUTURE HOME REALTY INC
List Price
$900,000
Sold Price
$845,000
Premium/Discount to List
-$55,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$484,000
Outstanding Balance
$426,394
Interest Rate
4.7%
Mortgage Type
Unknown
Estimated Equity
$754,469

Purchase Details

Closed on
Nov 18, 2015
Sold by
Dalton William S and Dalton Karen J
Bought by
Sperry Zaccaria and Pavesi Carol Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 13, 2003
Sold by
Viren Michael A and Strozier Anne L
Bought by
Dalton William S and Dalton Karen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,000
Interest Rate
6.1%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Peter and Baker Jan
Bought by
Viren Michael A and Strozier Anne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Ahmed Syed Elias -- None Available
Ahmed Syed Elias $845,000 Attorney
Sperry Zaccaria $770,000 Hillsborough Title Llc
Dalton William S $810,000 Enterprise Title Partners Of
Viren Michael A $680,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Syed Elias $484,000
Previous Owner Sperry Zaccaria $326,000
Previous Owner Viren Michael A $648,000
Previous Owner Dalton William S $648,000
Previous Owner Viren Michael A $544,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2019 01/11/19 Sold $845,000 -6.1% $177 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/06/2018 10/06/18 For Sale $900,000 -- $188 / 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 $15,207 $854,568 -- --
2023 $14,860 $829,678 $0 $0
2022 $14,494 $805,513 $0 $0
2021 $14,422 $782,051 $0 $0
2020 $16,266 $828,296 $159,600 $668,696
2019 $12,752 $685,658 $0 $0
2018 $12,699 $672,873 $0 $0
2017 $12,799 $689,783 $0 $0
2016 $12,880 $645,478 $0 $0
2015 $10,996 $553,998 $0 $0
2014 $10,646 $549,601 $0 $0
2013 -- $541,479 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3134984

Stellar MLS

APN: T-26-28-19-ZZZ-000005-95670.0