NOT LISTED FOR SALE

122 Velma Dr W Largo, FL 33770

Estimated Value: $397,000 - $504,000

3 Beds
2 Baths
1,329 Sq Ft
$345/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $500,000 $376 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,173/month

10 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Inside Utility
  • Largo High School Rated A-
  • Eat-In Kitchen
  • Ceramic Tile Flooring

About This Home

As of October 2022

Incredible family home or picture-perfect Airbnb!! Beautiful updated 3/2 home on great lot (80x142) only 2.4 miles away from the sugary sand beach of Belleair! Features a 20x24 detached two-car garage with entry from the adjacent street. The huge backyard would accommodate boat parking with easy access and features a large sun deck. The home features a great open concept with a split floor plan, all new paint (inside and out), inside laundry, new LVP flooring, brand new roof, and two brand new AC units (one for main part of home/one for the master suite). The Kitchen includes new shaker cabinets, quartz tops, and stainless steel appliances. Incredible opportunity to grab parking and storage all while short-term leasing the main home! Make sure to view the virtual tour!

Last Agent to Sell the Property

Scott Bugna

ARGO GROUP PROPERTIES LLC License #3287796 Listed on: 08/19/2022

Last Buyer's Agent

Roberto Jose Ramirez Santiago, PA

REALTY ONE GROUP MAGIC CITY License #3336500

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,111

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80x142
  • East Facing Home
  • Chain Link Fence

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,329 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Inside Utility
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Velma Manor Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,111

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1329
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1957
  • Lot Size Sq Ft: 11360
  • Directions to Property: West Bay Drive to North on Velma Dr West. Home is on the left side (West) of the road.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3397122?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3397122?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 376.22
  • Close to Original List Price Ratio: 0.95238
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Split Bedroom
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Range, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 122
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced, Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 33-29-15-93780-001-0020
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Dimensions: 80x142
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Please refer to https://www.largo.com/connect/living_in_largo/permits_and_planning/short_term_rentals.php#:~:text=The%20City%20of%20Largo%20recently%20adopted%20new%20regulations,your%20property%20is%20considered%20a%20short%20term%20rental.

Tax Info

  • Tax Annual Amount: 1110.71
  • Tax Block: A
  • Tax Book Number: 41-72
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Oct 4, 2022
Sold by
Bugna Scott and Bugna Lindsey
Bought by
Wooten Kenneth and Wooten Julie Inez
Seller's Agent
Scott Bugna
ARGO GROUP PROPERTIES LLC
Buyer's Agent
Roberto Jose Ramirez Santiago, PA
REALTY ONE GROUP MAGIC CITY
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
16
Current Estimated Value
$458,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,485
Avg. Annual Appreciation
-2.48%
Original Mortgage
$425,000
Outstanding Balance
$410,207
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$55,312

Purchase Details

Listed on
May 11, 2022
Closed on
Jun 13, 2022
Sold by
Carol Olmstead
Bought by
Bugna Scott and Bugna Lindsey
Seller's Agent
Melody Hunter
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Scott Bugna
ARGO GROUP PROPERTIES LLC
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
216.00%

Purchase Details

Closed on
Sep 23, 1993
Sold by
Hopkin Audrey A
Bought by
Mcdade Donnie W and Mcdade Dorothy
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
Wooten Kenneth $500,000 Old Tampa Bay Title
Bugna Scott $350,000 Taylor Mary Mcmanus
Mcdade Donnie W -- --
Mcdade Donnie W $60,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooten Kenneth $425,000
Previous Owner Mcdade Dorothy $33,000
Previous Owner Mcdade Dorothy $21,022
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $500,000 0.0% $376 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/28/2022 08/28/22 Price Changed $500,000 -4.8% $376 / Sq Ft
08/19/2022 08/19/22 For Sale $525,000 +50.0% $395 / Sq Ft
06/13/2022 06/13/22 Sold $350,000 -12.3% $263 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $399,000 0.0% $300 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $399,000 -- $300 / 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 $7,692 $414,653 $192,753 $221,900
2023 $7,692 $406,754 $202,819 $203,935
2022 $4,134 $217,270 $176,037 $41,233
2021 $1,111 $105,250 $0 $0
2020 $1,100 $103,797 $0 $0
2019 $1,065 $101,463 $0 $0
2018 $1,041 $99,571 $0 $0
2017 $1,019 $97,523 $0 $0
2016 $991 $95,517 $0 $0
2015 $1,009 $94,853 $0 $0
2014 -- $94,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3397122

Stellar MLS

APN: 33-29-15-93780-001-0020