NOT LISTED FOR SALE

Lakeside Crossing 701 S Madison Ave Unit 502 Clearwater, FL 33756

Prospect Towers Neighborhood

Estimated Value: $147,336 - $210,000

2 Beds
2 Baths
1,206 Sq Ft
$400/mo HOA Fee

Last Sold January 28, 2022

Last sale price $132,000 $109 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,549/month

1 Day on Market

Highlights

  • Fitness Center
  • 5.31 Acre Lot
  • Elevator
  • In Ground Pool
  • Bamboo Flooring
  • Central Heating and Cooling System

About This Home

As of January 2022

Nice contemporary condo with granite kitchen and bamboo wood floors. Large bedroom with a walk-in-closet and bathroom. In unit washer/dryer. Unit is maintained in very good condition. Complex has a common room, gym, and pool next to a small lake. Great location close to downtown Clearwater and approximately 10 minutes away from the #1 rated Clearwater Beach. Unit has a very reliable long-term tenant that would like to stay. This would make a great investment property.

Last Agent to Sell the Property

Angelica Gomez

HIGH POINT REALTY INC License #3473759 Listed on: 10/29/2021

Co-Listed By

David Kerr

HIGH POINT REALTY INC License #3235605

Last Buyer's Agent

David Kerr

HIGH POINT REALTY INC License #3235605

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1985

Lot Details

  • West Facing Home

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 1,206 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Cooktop with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, escrow reserves fund, maintenance structure, ground maintenance, manager, pool maintenance, sewer, trash, water
  • Frank Coastal Association
  • Lakeside Crossing Condo Subdivision

Amenities

  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets up to 60 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,218

Year Built

Built in 1985

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • HOA Fee Includes: Community Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds, Manager, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1206
  • Lot Size Acres: 5.31
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 231483
  • Directions to Property: Druid to Madison
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8141631?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8141631?w=Customer
  • Floor Number: 5
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.88268
  • Price per Sq Ft: 109.45
  • Close to Original List Price Ratio: 0.88268
  • View: No
  • Co List Office Mls Id: 260010834
  • Co List Office Phone: 727-466-6697
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 701
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Lighting
  • Roof: Built-Up
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Fitness, Pool
  • Association Fee Frequency: Monthly
  • Association Name: Frank Coastal
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 400
  • Condo Fees Term: Monthly
  • Association Email: frank@franklycoastal.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 400
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 4800
  • Total Monthly Fees: 400

Lot Info

  • Parcel Number: 15-29-15-48662-000-5020
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 60
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 1225
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 2217.76
  • Tax Block: 000
  • Tax Book Number: 145-15
  • Tax Lot: 0502

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2021
Closed on
Jan 28, 2022
Sold by
Woodside Estates Mansfield Llc
Bought by
Time Is Gold Llc
Seller's Agent
Angelica Gomez
HIGH POINT REALTY INC
Buyer's Agent
David Kerr
HIGH POINT REALTY INC
List Price
$149,544
Sold Price
$132,000
Premium/Discount to List
-$17,544
-11.73%
Current Estimated Value
$171,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,334
Avg. Annual Appreciation
6.57%
Original Mortgage
$85,800
Outstanding Balance
$79,833
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$86,586

Purchase Details

Closed on
Mar 29, 2008
Sold by
Madison Glen Real Estate Llc
Bought by
Presidio Properties Inc
Source: Public Records

Range of Values:

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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
Time Is Gold Llc $132,000 Equity National Title
Presidio Properties Inc $5,982,900 Royal Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Time Is Gold Llc $85,800
Previous Owner Presidio Properties Inc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $132,000 -11.7% $109 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $149,544 -- $124 / 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 $2,831 $175,987 -- $175,987
2023 $2,831 $146,840 $0 $146,840
2022 $2,316 $136,235 $0 $136,235
2021 $2,069 $101,804 $0 $0
2020 $2,218 $107,727 $0 $0
2019 $1,681 $85,336 $0 $85,336
2018 $1,501 $71,757 $0 $0
2017 $1,823 $89,886 $0 $0
2016 $1,677 $80,984 $0 $0
2015 $1,636 $83,750 $0 $0
2014 $1,841 $120,387 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Angelica Gomez

    Seller's Agent in 2022

    Angelica Gomez

    HIGH POINT REALTY INC

    (520) 265-7401

    43 in this area

    66 Total Sales

    Angelica Gomez
    Section Image
  • David Kerr

    Seller Co-Listing Agent in 2022

    David Kerr

    HIGH POINT REALTY INC

    (727) 466-6697

    53 in this area

    110 Total Sales

    David Kerr
    Section Image
See All Agents

About Lakeside Crossing

Map

Source: Stellar MLS

MLS Number: U8141631

Stellar MLS

APN: 15-29-15-48662-000-5020

Florida Pinellas County Clearwater 33756 Prospect Towers

701 S Madison Ave Unit 502, Clearwater, FL

This home is located at 701 S Madison Ave Unit 502, Clearwater, FL 33756 since 29 October 2021 and is currently estimated at $171,334, approximately $142 per square foot. This property was built in 1985. 701 S Madison Ave Unit 502 is a home located in Pinellas County with nearby schools including Belleair Elementary School, Oak Grove Middle School, and Clearwater High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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