NOT LISTED FOR SALE

1002 Center Lake Burrell Dr Lutz, FL 33549

Estimated Value: $338,000 - $420,034

2 Beds
2 Baths
1,252 Sq Ft
$301/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $250,000 $200 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,421/month

80 Days on Market

Highlights

  • 175 Feet of Waterfront
  • Oak Trees
  • Bonus Room
  • Chiles Elementary School Rated A
  • Lake View
  • No HOA

About This Home

As of January 2022

*BACK ON MARKET* PRICE REDUCTION! The buyer backed out due to a lack of financing.
Lakefront Property on one and a quarter acres! In a well-established, tucked away neighborhood, off of Nebraska Ave and just North of Bearss Ave, you'll find a hidden jewel of a location. Filled with mature oak trees and a beautiful lakefront view, this little bungalow feels MILES away from it all but is only 6 miles from USF and Busch Gardens. With two bedrooms and two 3/4 baths and a spacious screened patio, this 1252 sq ft home needs some love, but it's full of character and charm. An investor could easily turn this space into an Old Tampa-style cottage Air BNB, or they could parcel out the acreage to make the most out of this property. Even though it is located so close to Tampa, it is a Lutz address and there are plenty of opportunities for work and activities north of the property as there is south. It is perfectly located for someone who might work in the Lutz area but spend their nights in Tampa. The property has its own driveway and is situated behind another property.

Last Agent to Sell the Property

Randall Gross

License #3479811 Listed on: 10/19/2021

Last Buyer's Agent

Tina Jolly

THE WILKINS WAY LLC License #3441718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,565

Year Built

  • Built in 1952

Lot Details

  • 1.27 Acre Lot
  • 175 Feet of Waterfront
  • Lake Front
  • South Facing Home
  • Mature Landscaping
  • Oak Trees
  • Property is zoned RSC-4

Parking

  • 1 Carport Space

Property Views

  • Lake
  • Woods

Home Design

  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,252 Sq Ft Home
  • Ceiling Fan
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Shed
  • Rain Gutters
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Apex Lake Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,565

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1252
  • Lot Size Acres: 1.27
  • New Construction: No
  • Year Built: 1952
  • Lot Size Sq Ft: 55473
  • Directions to Property: North of Bearss on Hwy 41, Turn on W Lake Burrell Drive and cross over tracks. Make a left, continuing on W Lake Burrell Dive to Center Lake Burrell Drive. Second driveway on the left. The driveway is hidden and is to the left of the mailboxes, but to the right of the fence. The property is behind the house.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5980647?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5980647?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.84746
  • Price per Sq Ft: 199.68
  • Close to Original List Price Ratio: 0.83333
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Thermostat
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Street Number Modifier: 1002
  • Additional Rooms: Bonus Room

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Screened
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0205H
  • Waterfront Frontage: 175
  • Water Frontage Feet Lake: 175

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSC-4
  • Parcel Number: U-31-27-19-1CY-000000-00017.0
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3565
  • Tax Block: 000000
  • Tax Book Number: 30-31
  • Tax Lot: 17

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2022
Sold by
Edward Corlew Lewis and Vassallo Julianne
Bought by
Quintana Christen Taylor and Quintana Nicholas
Current Estimated Value
$377,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Outstanding Balance
$312,164
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$67,325

Purchase Details

Closed on
Aug 28, 2018
Sold by
Jennison Neal C
Bought by
Jennison Neal C and Jennison Deborah A

Purchase Details

Closed on
May 9, 2017
Sold by
Franek Abbey
Bought by
Nucompass Mobility Services Inc

Purchase Details

Closed on
Nov 17, 2006
Sold by
Jennison Stephen R
Bought by
Jennison Neal C and Jennison Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 20, 2004
Sold by
Jennison Stephen R
Bought by
Covais Holly and Covais Toby
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
Quintana Christen Taylor $400,000 --
Jennison Neal C -- Attorney
Nucompass Mobility Services Inc $171,000 Attorney
Jennison Neal C $60,000 Attorney
Covais Holly -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Covais Holly $200,000
Open Quintana Christen Taylor $320,000
Previous Owner Covais Holly $112,645
Previous Owner Jennison Neal C $60,000
Previous Owner Covais Toby $131,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $250,000 -15.3% $200 / Sq Ft
12/31/2021 12/31/21 Pending -- -- --
12/16/2021 12/16/21 Price Changed $295,000 -1.7% $236 / Sq Ft
12/16/2021 12/16/21 For Sale $300,000 0.0% $240 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $300,000 -- $240 / 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 $4,392 $263,022 -- --
2023 $4,230 $255,361 $165,363 $89,998
2022 $4,022 $227,366 $162,438 $64,928
2021 $3,955 $208,543 $135,012 $73,531
2020 $3,565 $184,054 $116,191 $67,863
2019 $3,204 $160,387 $98,546 $61,841
2018 $3,145 $156,599 $0 $0
2017 $2,995 $147,137 $0 $0
2016 $2,999 $145,196 $0 $0
2015 $2,912 $137,973 $0 $0
2014 $2,780 $131,262 $0 $0
2013 -- $128,784 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5980647

Stellar MLS

APN: U-31-27-19-1CY-000000-00017.0