NOT LISTED FOR SALE

1402 E Dr Martin Luther King jr Blvd Tampa, FL 33603

Seminole Heights Neighborhood

Estimated Value: $105,148

0.17 Acre
$618,518 Price per Acre
7,548 Sq Ft Lot

Last Sold June 02, 2020

Last sale price $65,000

Est. 62% increase in value since last sale

Current estimated payment $678/month

3 Days on Market

Highlights

  • Level Lot
  • Middleton High School Rated A-
  • Heating Available

About This Lot

As of June 2020

Vacant lot (55 frontage x 134 depth) available on a major commercial artery with great exposure. Property is cleared, and currently fenced in. Public water and sewer connected. Given the future trajectory of The Heights, this commercial lot is conveniently located on one of Tampa's main thoroughfares with an ideal location for a professional office, retail or restaurant. Close to shopping malls, hospital, parks, schools, restaurants, super easy interstate access to get to downtown Tampa, airport, beaches and an assortment other amenities. Buyer responsible to verify all information in MLS listing.

Last Agent to Sell the Property

Team Scaglione-Rutemiller

KELLER WILLIAMS SOUTH TAMPA License #3375816 Listed on: 05/08/2020

KELLER WILLIAMS SOUTH TAMPA

Co-Listed By

Jennifer Rutemiller

KELLER WILLIAMS SOUTH TAMPA License #3301904

KELLER WILLIAMS SOUTH TAMPA

Last Buyer's Agent

Jennifer Rutemiller

KELLER WILLIAMS SOUTH TAMPA License #3301904

KELLER WILLIAMS SOUTH TAMPA

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $711

Lot Details

  • 7,548 Sq Ft Lot
  • Lot Dimensions are 55x134
  • Property fronts a private road
  • Chain Link Fence
  • Level Lot
  • Cleared Lot
  • Property is zoned SH-CG

Location

  • City Lot

Community Details

  • Mc Ewens C S Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 2
  • Assessor Parcel Number A-06-29-19-4LX-000002-00005.0

Property Details

Property Type

Land

Est. Annual Taxes

$711

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7548
  • Directions to Property: From downtown N on I275, East on MLK Drive for 0.9 miles to lot on North side of street.
  • Status: Sold
  • Street Direction: E
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.92857
  • Price per Sq Ft: 8.61
  • Close to Original List Price Ratio: 0.92857
  • View: No
  • Co List Office Mls Id: 773203
  • Co List Office Phone: 813-875-3700
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 1402

Exterior Features

  • Road Frontage Type: Private Road, City Street, Main Throrughfare
  • Waterfront: No
  • Water View Y N: No
  • Front Footage: 55
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Land Sales Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Sewer Connected, Sewer Nearby, Water Connected, Water Nearby
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Lot Info

  • Zoning: SH-CG
  • Parcel Number: A-06-29-19-4LX-000002-00005.0
  • Additional Parcels: No
  • Current Use: Commercial
  • Fencing: Chain Link
  • Lot Features: Buildable, Cleared, Compact Soil, Curb and Gutters, City Lot, Level
  • Lot Dimensions: 55x134
  • Price Per Acre: 382353
  • Flood Zone Code: x
  • Current Adjacent Use: Commercial
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 710.59
  • Tax Block: 2
  • Tax Book Number: 3-19
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
May 28, 2020
Sold by
Xo Holdings Of Tampa Llc
Bought by
Law Group Holdings Llc
Seller's Agent
Team Scaglione-Rutemiller
KELLER WILLIAMS SOUTH TAMPA
Buyer's Agent
Jennifer Rutemiller
KELLER WILLIAMS SOUTH TAMPA
List Price
$70,000
Sold Price
$65,000
Premium/Discount to List
-$5,000
-7.14%
Current Estimated Value
$105,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,148
Avg. Annual Appreciation
10.13%
Original Mortgage
$65,000
Interest Rate
3.3%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 20, 2018
Sold by
Bihorel Jean Pierre and Bihorel Jean Claude
Bought by
Xo Holdings Of Tampa Llc
Source: Public Records

Range of Values:

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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
Law Group Holdings Llc $65,000 Hillsborough Title Llc
Xo Holdings Of Tampa Llc $45,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Law Group Holdings Llc $65,150
Closed Law Group Holdings Llc $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2020 06/02/20 Sold $65,000 -7.1% --
05/10/2020 05/10/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $70,000 -- --
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 $1,260 $74,725 $74,725 --
2023 $1,154 $67,932 $67,932 $0
2022 $1,038 $58,497 $58,497 $0
2021 $930 $47,175 $47,175 $0
2020 $783 $40,382 $40,382 $0
2019 $711 $35,476 $35,476 $0
2018 $0 $19,495 $0 $0
2017 $384 $66,707 $0 $0
2016 $361 $38,890 $0 $0
2015 $333 $38,620 $0 $0
2014 $301 $38,313 $0 $0
2013 -- $37,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3241074

Stellar MLS

APN: A-06-29-19-4LX-000002-00005.0