NOT LISTED FOR SALE

10637 Lithia Pinecrest Rd Lithia, FL 33547

Estimated Value: $857,047

10 Beds
5 Baths
4,468 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 09, 2019

Last sale price $850,000 $190 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,449/month

56 Days on Market

Highlights

  • Parking available for a boat
  • 5 Acre Lot
  • Attic
  • Durant High School Rated A-
  • Deck
  • Furnished

About This Home

As of July 2019

Motivated Sellers! Updated, 16 Beds MONEY MAKING ALF operated by The Same Owner for 23 Years. Reliable Annual Income Received is Approximately 25% Below Market Rent (Market Rent Increase Would Generate Over 22% Cap Rate.) This Well Established ALF Sits on 5 Commercial Acres (Can Modify Existing Building to 24 Beds.) Can Expand beyond 24 Beds (on 5 Acres Commercial Property) and Could be Perfect to Include Lucrative Memory Care Units.
Seller Will Also Consider an Attractive Lease with Two Acres.
In Addition, Seller Has a Fully Operating Recently Renovated, Profitable 6 Beds ALF Available(nearby) on 1 Commercial Acre for Only an Additional $325,000. A Great Opportunity to Include Lucrative Memory Care Units. Sold Separately or Package Deal.
Seller is Religious and Under Charges Some of the Residents as a Way of Giving Back to the Community. If New Residents Were Charged the Going Rate, it Would Increase the Bottom Line Significantly!
The Seller and Her Team Would be Willing to Stay up to a Year to Help With the Transition.
The Sellers are Committed to Helping New Buyers Succeed and Will be Available to Help Throughout the Transition.
The ALF's are located in Hillsborough County. According to the 2010 census, population was 1,229,226, making it the fourth most populous county in Florida. Please call or email If you are interested in further information about this golden opportunity.
dimensions approximate, buyers to verify. Information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Alfred DiPierro

GLOBAL NETWORK REALTY & ASSOC. License #0434834 Listed on: 04/05/2018

Last Buyer's Agent

Alfred DiPierro

GLOBAL NETWORK REALTY & ASSOC. License #0434834 Listed on: 04/05/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,535

Year Built

  • Built in 1974

Lot Details

  • 5 Acre Lot
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned AR

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 4,468 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Blinds
  • Laminate Flooring
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Guest Parking
  • Open Parking
  • Parking available for a boat

Accessible Home Design

  • Customized Wheelchair Accessible
  • Handicap Modified

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Zzz | Unplatted Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,535

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 4468
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 1974
  • Accessibility Features: Customized Wheelchair Accessible, Handicap Modified
  • Lot Size Sq Ft: 4468
  • Directions to Property: E on Hwy 60 S on Hwy 39 to E on Keysville Rd to Lithia Pinecrest Road, left to address.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4215524&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4215524&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.74236
  • Price per Sq Ft: 190.24
  • Close to Original List Price Ratio: 0.74236
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 5
  • Interior Amenities: Attic, Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Microwave Hood, Oven, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 10
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 10637
  • Room Count: 14
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Outdoor Grill
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • 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: Boat, Guest, None, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: AR
  • Parcel Number: U223022ZZZ000005219600
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 7535
  • Tax Block: 5
  • Tax Book Number: 87-41
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Level Up Investment Group Inc
Bought by
Zenith Staffing Llc
Current Estimated Value
$857,047

Purchase Details

Listed on
Apr 5, 2018
Closed on
Jul 9, 2019
Sold by
Slabach Patricia M
Bought by
Level Up Investment Group Inc
Seller's Agent
Alfred DiPierro
GLOBAL NETWORK REALTY & ASSOC.
Buyer's Agent
Alfred DiPierro
GLOBAL NETWORK REALTY & ASSOC.
List Price
$1,145,000
Sold Price
$850,000
Premium/Discount to List
-$295,000
-25.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.15%
Original Mortgage
$795,000
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 13, 1995
Sold by
Taylor Carl C and Taylor Maude E
Bought by
Slabach Patricia L
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
Zenith Staffing Llc $850,000 Closing Team
Level Up Investment Group Inc $600,000 Attorney
Slabach Patricia L $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Level Up Investment Group Inc $795,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $850,000 -25.8% $190 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $1,145,000 -- $256 / 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 $11,072 $597,800 $196,065 $401,735
2023 $10,316 $560,000 $178,240 $381,760
2022 $9,499 $510,100 $148,534 $361,566
2021 $9,667 $509,700 $120,807 $388,893
2020 $9,674 $508,900 $114,866 $394,034
2019 $7,861 $449,769 $0 $0
2018 $7,536 $446,978 $0 $0
2017 $7,223 $496,000 $0 $0
2016 $6,982 $368,042 $0 $0
2015 $6,825 $343,338 $0 $0
2014 $6,306 $320,717 $0 $0
2013 -- $299,382 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alfred DiPierro

    Seller's Agent in 2019

    Alfred DiPierro

    GLOBAL NETWORK REALTY & ASSOC.

    (941) 456-9999

    9 Total Sales

    Alfred DiPierro
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Map

Source: Stellar MLS

MLS Number: A4215524

Stellar MLS

APN: U-22-30-22-ZZZ-000005-21960.0

Florida Hillsborough County Lithia 33547

10637 Lithia Pinecrest Rd, Lithia, FL

This home is located at 10637 Lithia Pinecrest Rd, Lithia, FL 33547 since 05 April 2018 and is currently estimated at $857,047, approximately $191 per square foot. This property was built in 1974. 10637 Lithia Pinecrest Rd is a home located in Hillsborough County with nearby schools including Pinecrest Elementary School, Turkey Creek Middle School, and Durant 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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