NOT LISTED FOR SALE

1281 Sylvia Ave Spring Hill, FL 34606

Estimated Value: $415,000 - $506,000

8 Beds
4 Baths
3,168 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $481,950 $152 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,965/month

26 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of August 2023

Auction Property. Auction Property. Auction Property. Auction Property. ***Auction will Run April 17th-27th, 2023***.
Come make this your next investment property. This property is a rare opportunity to buy 4 units on Spring Hill. This properties features 4 - 2 bedroom, 1 bathroom units. Current rents are below market and all but 1 tenant is currently month to month allowing you to come in rehab and increase rents right away

*. A buyer's premium of 5% is required. You must preregister on the auction site prior to being approved to bid on the auction online. You may schedule an appointment to view and perform due diligence on the property prior to the auction close. There will be a 5% buyers premium applied to the winning bid. ***All property information to be verified by buyers***

Last Agent to Sell the Property

Tony Kelly

A BETTER LIFE REALTY License #3320960 Listed on: 04/04/2023

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,036

Year Built

  • Built in 1985

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 111x153

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,168 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Spring Hill Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,036

Year Built

Built in 1985

Lot Details

0.39 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Brick, Wood Frame
  • Fireplace: No
  • Living Area: 3168
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 16983
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Bradenton
  • Escrow State: FL
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 152.13
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: 4160

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 294.32

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMC-20
  • Parcel Number: R32-323-17-5030-0145-0280
  • Additional Parcels: No
  • Lot Dimensions: 111x153
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Total Actual Rent: 3194
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Verify with City and County for any rental restrictions
  • Terms Of Lease: Gross Lease

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 6035.77
  • Tax Block: 145
  • Tax Book Number: 7-80
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
Apr 7, 2017
Sold by
Scheuerman Gregory and Scheuermann Katarina
Bought by
Ea Sip Llc
Seller's Agent
Bradley Chais
KELLER WILLIAMS TAMPA CENTRAL
Buyer's Agent
Tony Kelly
A BETTER LIFE REALTY
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%
Current Estimated Value
$454,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,169
Avg. Annual Appreciation
8.45%

Purchase Details

Listed on
Jan 7, 2015
Closed on
Mar 20, 2015
Sold by
Ventrone Natale Paula
Bought by
Scheuermann Gregory and Scheuermann Katarina
Seller's Agent
Linda Mariano
Mariano Real Estate Inc.
Buyer's Agent
PAID RECIPROCAL
Paid Reciprocal Office
List Price
$179,996
Sold Price
$160,000
Premium/Discount to List
-$19,996
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.81%
Original Mortgage
$120,000
Interest Rate
3.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Ea Sip Llc $220,000 Compass Land & Title Llc
Scheuermann Gregory $160,000 Southeast Title Suncoast Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheuermann Gregory $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2023 08/02/23 Sold $481,950 +37.7% $152 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/04/2023 04/04/23 For Sale $350,000 +59.1% $110 / Sq Ft
07/09/2017 07/09/17 Off Market $220,000 -- --
04/07/2017 04/07/17 Sold $220,000 -2.2% $69 / Sq Ft View Prior Sale
03/10/2017 03/10/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $224,900 +40.6% $71 / Sq Ft
03/20/2015 03/20/15 Sold $160,000 -11.1% $51 / Sq Ft View Prior Sale
01/26/2015 01/26/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $179,996 -- $57 / Sq Ft
Source: Stellar MLS

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
2025 $7,533 $342,090 $61,988 $280,102
2024 $6,779 $346,048 $61,988 $284,060
2023 $6,779 $243,695 $0 $0
2022 $6,036 $221,541 $0 $0
2021 $3,306 $201,401 $20,380 $181,021
2020 $4,926 $193,274 $19,530 $173,744
2019 $4,851 $183,372 $16,983 $166,389
2018 $2,840 $184,750 $16,134 $168,616
2017 $3,056 $131,996 $15,285 $116,711
2016 $2,950 $128,505 $0 $0
2015 $2,758 $115,863 $0 $0
2014 -- $112,434 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Kelly

    Seller's Agent in 2023

    Tony Kelly

    A BETTER LIFE REALTY

    (863) 287-4672

    10 in this area

    277 Total Sales

    Tony Kelly
    Section Image
  • Bradley Chais

    Seller's Agent in 2017

    Bradley Chais

    KELLER WILLIAMS TAMPA CENTRAL

    (813) 421-2855

    5 in this area

    212 Total Sales

    Bradley Chais
    Section Image
  • Erika Nunez

    Seller Co-Listing Agent in 2017

    Erika Nunez

    THE SOMERDAY GROUP PL

    (813) 368-9806

    3 in this area

    120 Total Sales

    Erika Nunez
    Section Image

  • L

    Seller's Agent in 2015

    Linda Mariano

    Mariano Real Estate Inc.

    Section Image

  • P

    Buyer's Agent in 2015

    PAID RECIPROCAL

    Paid Reciprocal Office

See All Agents

Map

Source: Stellar MLS

MLS Number: U8196176

Stellar MLS

APN: R32-323-17-5030-0145-0280

Florida Hernando County Spring Hill 34606

1281 Sylvia Ave, Spring Hill, FL

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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