NOT LISTED FOR SALE

14007 5th St Dade City, FL 33525

Estimated Value: $180,000 - $529,000

2 Beds
3 Baths
3,012 Sq Ft
$115/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $575,000 $191 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $1,952/month

11 Days on Market

Highlights

  • Heated Spa
  • Stone Countertops
  • No HOA
  • Cathedral Ceiling
  • Wine Refrigerator
  • 1 Car Attached Garage

About This Home

As of June 2023

A charming historical home plus a separate apartment located in downtown Dade City, Florida. Location, location, location! A short, easy walk to restaurants, bars, shopping and entertainment. Zoned in the business district as "RIO" (residential, institutional, office). This quarter acre parcel has 2 buildings, 2 addresses and 2 separate utilities each currently being rented out as a short-term rental (Airbnb and VRBO). Sold with all appliances, furnishings, decor, supplies, tools, golf simulator, jacuzzi, 5 smart tv's and more. "The Penny House" is a 1925 bungalow home remodeled throughout with tons of character. Large for "its time" with 1440 sq ft and an additional 360+ sq feet upstairs. Granite and back-splash in kitchen, quartz in large master bath with a subway tiled walk-in shower with double shower-heads. Repainted both the inside and out with wood siding repairs made as needed. Front porch is photo ready and equipped with a 3-person front porch swing to enjoy. Cypress privacy fence replaced 2020. Beautiful backyard paradise with a fish pond, waterfall, hammock, fire pit, grill, garden, palm trees, lights and more. "The Howard" and "The Cave" is in the apartment building in back, in total the 2nd building is 1200 sq ft with 2 full bathrooms. "The Howard" has its own full-bath, kitchen, extra flex room with laundry. "The Cave" is a full size rent-able space with a golf simulator, custom built bar-top, amazing remodeled bathroom, shuffle board table, darts, lights, sitting and more. New HVAC replaced in apartment in 2021 and new water heater replaced in 2022. Both bathrooms remodeled in the apartment. Metal long lasting roof on both buildings! Take over this rental business that has been increasing in gross revenue every year for almost 4 years. Repeat guest, attractions, venues and a growing area that offers a bright future!

Last Agent to Sell the Property

Adamm Oliver

CHARLES RUTENBERG REALTY INC License #3350280 Listed on: 05/09/2023

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Ganna Merritt

ALIGN RIGHT REALTY CARROLLWOOD License #3499736

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,554

Year Built

  • Built in 1925

Lot Details

  • 0.25

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 3,012 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Laundry

  • Dryer
  • Washer

Pool

  • Heated Spa
  • Above Ground Spa

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Rain Gutters
  • 0.25 Acre Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 3,012 Sq Ft Building
  • Acreage & Unrec Subdivision

Building Details

  • Gross Income $83,955

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,554

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 3012
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 3012
  • Lot Size Sq Ft: 10950
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Building Area Total Srch Sq M: 279.82
  • Escrow State: FL
  • RATIO Current Price By Calculate: 190.90
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Master Bedroom Main Floor, Stone Counters
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Crawlspace, Slab
  • Levels: One
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 279.82

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12101C0280F

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer 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

Fee Information

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

Lot Info

  • Zoning: RIO
  • Parcel Number: 21-24-27-000.0-117.00-000.0
  • Additional Parcels: No
  • Flood Zone Code: X

Multi Family

  • Gross Income: 83955
  • Number Of Units Total: 2
  • Total Num Buildings: 2
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3554
  • Tax Block: 0
  • Tax Book Number: 7-6
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2018
Sold by
Strlckland Jason B and Long Deborah Lee
Bought by
Kneser Andrea Wilkinson
Current Estimated Value
$357,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,275
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2016
Sold by
West Justin T
Bought by
Strickland Jason B and Long Deborah Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,427
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2013
Sold by
Denz Inc
Bought by
West Justin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,676
Interest Rate
4.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2013
Sold by
Fremlin Michael J and Jenkins Karen J
Bought by
Denz Inc

Purchase Details

Closed on
Apr 10, 2013
Sold by
Singleton William R and Singleton Mary L
Bought by
As Lily Llc

Purchase Details

Closed on
Mar 12, 2013
Sold by
Fremlin Michael J and Jenkins Karen J
Bought by
Denz Inc

Purchase Details

Closed on
Dec 22, 1998
Sold by
Mira George and Mira Gayle
Bought by
Fremlin Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,400
Interest Rate
6.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kneser Andrea Wilkinson $207,500 Fidelity National Title Of F
Strickland Jason B $189,100 Meridian Title Co Inc
West Justin T $96,000 Meridian Title Company Inc
Denz Inc $75,100 Attorney
As Lily Llc $80,000 Attorney
Denz Inc $75,100 Attorney
Fremlin Michael J $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kneser Andrea Wilkinson $201,275
Previous Owner Strickland Jason B $183,427
Previous Owner West Justin T $159,676
Previous Owner Fremlin Michael J $202,500
Previous Owner Fremlin Michael J $77,111
Previous Owner Fremlin Michael J $66,417
Previous Owner Fremlin Michael J $58,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2023 06/29/23 Sold $575,000 +0.4% $191 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $572,500 +166.3% $190 / Sq Ft
08/19/2019 08/19/19 Sold $215,000 0.0% $149 / Sq Ft View Prior Sale
07/28/2019 07/28/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $215,000 -- $149 / 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
2026 $1,039 $85,570 -- --
2025 $1,039 $85,570 -- --
2024 $1,039 $80,823 -- --
2023 $4,100 $139,640 $0 $0
2022 $3,554 $181,013 $25,134 $155,879
2021 $3,244 $158,511 $15,690 $142,821
2020 $2,789 $115,404 $15,676 $99,728
2019 $2,800 $115,313 $15,676 $99,637
2018 $1,688 $110,912 $0 $0
2017 $1,660 $108,631 $15,676 $92,955
2016 $1,511 $101,704 $0 $0
2015 $1,522 $100,997 $0 $0
2014 $1,444 $100,195 $15,676 $84,519
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3444893

Stellar MLS

APN: 27-24-21-0000-11700-0000