1266 Malone Ave Spring Hill, FL 34606
4
Beds
4
Baths
2,030
Sq Ft
10,000
Sq Ft Lot
Highlights
- No HOA
- Tile Flooring
- Ceiling Fan
- 1 Car Attached Garage
- Central Heating and Cooling System
About This Home
As of November 2024This well-maintained duplex in the heart of Spring Hill is an outstanding income-producing property, ready for its next owner! Each
unit features 2 bedrooms, 2 bathrooms, and a spacious open floor plan with durable tile and laminate flooring throughout—no carpet,
making it easy to maintain. Both units are currently tenant-occupied, offering immediate rental income from day one, with leases in
place until December 2025. Each unit also includes its own screened-in back patio, perfect for enjoying the outdoors in comfort and
privacy. The property is situated on a large lot with mature landscaping and ample parking. Conveniently located in a desirable
Spring Hill neighborhood, this duplex is close to parks, schools, shopping, and dining. Easy access to major highways makes
commuting a breeze, whether heading to Tampa or exploring the Nature Coast. This turnkey investment opportunity comes with
reliable tenants in place and room for potential rent growth. Don’t miss your chance to add this steady income-producing property to
your portfolio!
Last Agent to Sell the Property
RE/MAX ALLIANCE GROUP Brokerage Phone: 727-845-4321 License #3408525 Listed on: 09/03/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,807
Year Built
- Built in 1995
Lot Details
- 10,000 Sq Ft Lot
- Lot Dimensions are 80x125
Parking
- 1 Car Attached Garage
- 1 Parking Garage Space
- Driveway
Home Design
- Duplex
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,030 Sq Ft Home
- Ceiling Fan
- Blinds
- Laundry in Garage
Kitchen
- Range
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Schools
- Deltona Elementary School
- Fox Chapel Middle School
- Weeki Wachee High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for electricity, sewer, trash collection, water
- No Minimum Lease Term
- Legal Lot and Block 7 / 154
- Assessor Parcel Number R32-323-17-5030-0154-0070
Community Details
Overview
- No Home Owners Association
- 3,094 Sq Ft Building
- Spring Hill Subdivision
Pet Policy
- No limit on the number of pets
- Extra large pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2024
Closed on
Nov 6, 2024
Sold by
Layton Lisa and Maynard Jason
Bought by
Lmc Property Management Llc
Seller's Agent
Tanya Shiner
RE/MAX ALLIANCE GROUP
Buyer's Agent
Carolina Aguiar
EXP REALTY LLC
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%
Total Days on Market
28
Views
41
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$272
Avg. Annual Appreciation
-0.14%
Original Mortgage
$280,000
Outstanding Balance
$278,624
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$71,104
Purchase Details
Closed on
Sep 11, 2020
Sold by
Lampasso Patrick and Stoll William
Bought by
Layton Lisa and Maynard Jason
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2019
Sold by
Lampasso Patrick
Bought by
Stoll William
Purchase Details
Closed on
Jan 26, 2018
Sold by
Bambauer Douglas S and Bambauer Lisa
Bought by
Lampasso Patrick
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Total Title Solutions | |
| Warranty Deed | $350,000 | Total Title Solutions | |
| Warranty Deed | $195,000 | Southeast Title Of Suncoast | |
| Warranty Deed | $70,445 | Attorney | |
| Warranty Deed | $142,500 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional | |
| Closed | $280,000 | New Conventional | |
| Previous Owner | $136,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/06/2024 11/06/24 | Sold | $350,000 | -5.4% | $172 / Sq Ft |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | For Sale | $370,000 | 0.0% | $182 / Sq Ft |
| 11/19/2020 11/19/20 | Rented | $1,050 | 0.0% | -- |
| 11/17/2020 11/17/20 | For Rent | $1,050 | -- | -- |
Source: Stellar MLS
Tax History Compared to Growth
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 | $4,807 | $234,890 | -- | -- |
| 2023 | $4,807 | $213,536 | $0 | $0 |
| 2022 | $4,223 | $194,124 | $0 | $0 |
| 2021 | $3,915 | $176,476 | $12,000 | $164,476 |
| 2020 | $3,398 | $165,343 | $11,500 | $153,843 |
| 2019 | $3,150 | $135,160 | $10,000 | $125,160 |
| 2018 | $1,786 | $138,847 | $9,500 | $129,347 |
| 2017 | $1,946 | $91,178 | $9,000 | $82,178 |
| 2016 | $1,877 | $88,256 | $0 | $0 |
| 2015 | $1,755 | $80,233 | $0 | $0 |
| 2014 | $1,749 | $81,125 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tanya Shiner
Seller's Agent in 2024
Tanya Shiner
RE/MAX
(727) 808-0234
15 in this area
83 Total Sales
-
Carolina Aguiar
Buyer's Agent in 2024
Carolina Aguiar
EXP REALTY LLC
(813) 401-5196
6 in this area
46 Total Sales
-
Dawn Melancon
Seller's Agent in 2020
Dawn Melancon
NEXTHOME LUXURY REAL ESTATE
(813) 368-9594
4 in this area
30 Total Sales
Map
Source: Stellar MLS
MLS Number: U8255829
APN: R32-323-17-5030-0154-0070
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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