5902 S Sherwood Ave Tampa, FL 33611

3 beds · 2 baths · 1,200 sq ft · Lot Size: 7,400 sq ft · Single Family Home · South of Gandy
Est. Property Value: $543,237

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5902 S Sherwood Ave is in the South of Gandy neighborhood of Tampa, FL. It is located in Hillsborough County and ZIP code 33611. This Single Family Home was built in 1983 and is approximately 42 years old. The single family home spans 1200 sq ft with 3 bedrooms and 2 bathrooms and sits on a 7400 sq ft lot. According to public records, it was last sold in 2023 for $452,000 and has a tax-assessed value of $365,019, which is $453 per sq ft. The South of Gandy area of Tampa has 729 residential homes with an average size of 1505 sq ft. Analyze and compare real estate investment strategies for properties like this home at 5902 S Sherwood Ave Tampa, FL 33611 with Property Intel by Whitepages.

5902 S Sherwood Ave

Tampa, FL 33611

Neighborhood

Owners & Occupancy for 5902 S Sherwood Ave

No contact information is available.

Occupancy

Resident 1****************** age 77
Resident 2***************** age 47
Resident 3************* age 77
Resident 4*************** age 48

Property Financials for 5902 S Sherwood Ave

5902 S Sherwood Ave, Tampa, FL has a mortgage from Cmg Hm Lns (orig. May 24, 2024). The Hillsborough county assessment for 2024 values it at $365,019, with annual taxes of $6,238.

Mortgage & Equity Information

Loan Amount$******
LenderCmg Hm Lns
Origination DateMay 24, 2024
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateSeptember 29, 2023
Property Tax Amount$6,238 in 2024
Purchase Price$452,000
Assessed Value$365,019 on 2024

Investment Potential for 5902 S Sherwood Ave

The property has a current estimated value of $543,237, which is 7% above the neighborhood median, based on public records. It last sold on September 29, 2023 for $452K. Projected long-term
is $28,800 annually ($2,400 per month) with a 89% occupancy rate.

Discover more Single Family Homes in South of Gandy.

Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
89%in 33611 zip code
 
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Property Details for 5902 S Sherwood Ave

Property Details

Property Sq Ft

Living Area

1,200 sq ft

20% below market

Lot Size

7,400 sq ft

3% above market

Price Per Sq Ft

Living Area

$453 / sq ft

27% above market

Lot Size Area

$73 / sq ft

1% below market

Property condition, age, exterior, etc. for 5902 S She…
Longitude: -82.499981 Latitude: 27.881747 Parcel Number (APN): 133048-0000…

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Market Benchmarks

Compare data for 5902 S Sherwood Ave in Hillsborough County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$543,237
$349,875
$193,362 (55%)
$447,083
$294,800 (66%)
YoY Price Change
1.8%
439%
Year Built
1983
1990
-7 years
Living Space
1,200 sq ft
1,630 sq ft
-430 (-26%)
$ Per Living Sq Ft
$453
$213
$240 (113%)
Lot Size
7,400 sq ft
9,599 sq ft
-2199 (-23%)
$ Per Lot Sq Ft
$73
$38
$36 (95%)

Net Operating Income
$19,792
-$5,018 (-25%)
Annual Revenue
$28,800
$29,400
-$600 (-2%)
$9,768
$4,258 (44%)
Net Operating Income
$19,792
-$5,018 (-25%)
Cap Rate
5.75%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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