NOT LISTED FOR SALE

1347 Markham Ave Spring Hill, FL 34606

Estimated Value: $333,000 - $361,000

4 Beds
4 Baths
2,100 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $250,000 $119 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,234/month

108 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Vinyl Flooring
  • 1 Car Attached Garage
  • Ceiling Fan

About This Home

As of October 2021

CASH ONLY!! Attention Investors!! This is a great opportunity to own an income producing property! Back on the market due to buyers financing falling through. Each unit has 2 bedrooms and 2 bathrooms. Both have been recently updated with fresh paint, vinyl planking throughout, kitchen cabinets resurfaced, new sinks and showers. Both units have tenants in place (Leases active until October/November 2021) . Roof replaced in 2011/ Electrical Panels replaced 9/2021. Conveniently located in the heart of Spring Hill. Close to restaurants, shopping, and much more. Call for your showing today!

Last Agent to Sell the Property

Jennifer Verge

RE/MAX ALLIANCE GROUP License #3410516 Listed on: 06/15/2021

RE/MAX ALLIANCE GROUP

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

  • $2,942

Year Built

  • Built in 1980

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 115x125

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Vinyl Flooring
  • Laundry in Garage

Kitchen

  • Cooktop
  • Dishwasher

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Building Details

  • Gross Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,942

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2100
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1980
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 14375
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7834797?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7834797?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89318
  • Price per Sq Ft: 119.05
  • Close to Original List Price Ratio: 0.89318
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Cooktop, Dishwasher, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Rain Gutters
  • 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
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • 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

  • Zoning: RESI
  • Parcel Number: R32-323-17-5030-0155-0260
  • Additional Parcels: No
  • Lot Dimensions: 115x125
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 1825
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 21900
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2942.16
  • Tax Block: 155
  • Tax Book Number: 7-80
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Oct 6, 2021
Sold by
Churney Martin F and Thomas Churney Mary
Bought by
Palakkat Manoj and Palakkat Roopa
Seller's Agent
Jennifer Verge
RE/MAX ALLIANCE GROUP
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%
Current Estimated Value
$344,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,293
Avg. Annual Appreciation
8.20%
Original Mortgage
$187,500
Outstanding Balance
$170,983
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$173,310

Purchase Details

Closed on
Jun 13, 2012
Sold by
Churney Martin E and Thomas Churney Mary A
Bought by
Churney Martin E and Thomas Churney Mary A
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
Palakkat Manoj $270,000 Capital Title Solutions
Churney Martin E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palakkat Manoj $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2021 10/07/21 Sold $250,000 -10.7% $119 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $279,900 0.0% $133 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/14/2021 06/14/21 For Sale $279,900 -- $133 / 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 $5,173 $268,380 -- --
2023 $5,173 $243,982 $0 $0
2022 $4,515 $221,802 $25,156 $196,646
2021 $3,277 $159,311 $17,250 $142,061
2020 $2,942 $149,872 $16,531 $133,341
2019 $2,747 $125,014 $14,375 $110,639
2018 $1,621 $124,609 $13,656 $110,953
2017 $1,826 $83,614 $12,938 $70,676
2016 $1,744 $80,104 $0 $0
2015 $1,635 $72,822 $0 $0
2014 $1,638 $72,751 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7834797

Stellar MLS

APN: R32-323-17-5030-0155-0260

Florida Hernando County Spring Hill 34606

1347 Markham Ave, Spring Hill, FL

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

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