$69,000
SOLD DEC 21, 2015

1407 Laurel Ave Spring Hill, FL 34606

4 Beds
2 Baths
1,535 Sq Ft
0.25 Acres

Recently Sold

$45 Per Sq Ft

19% Below List Price

148 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of September 2017

Unrepaired sinkhole. This is a great opportunity to own an established income producing property. This 4 bedroom home is currently rented as a vacation rental with 100% occupancy with weekly tenants. Current monthly income is $2,125 with monthly expenses of $610 for an monthly net income of $1,515. This is a great deal for anyone looking for a positive cash flowing property. Call today to schedule your personal showing! Please do not disturb tenants. Appointment only.

Last Agent to Sell the Property

James Tacy

Tropic Shores Realty LLC License #BK3057599 Listed on: 06/29/2015

Tropic Shores Realty LLC

Last Buyer's Agent

Margarit Dowling

Horizon Palm Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 2004

Lot Details

  • 0.25 Acre Lot
  • Property is zoned PDP, Planned Development Project

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Concrete Siding
  • Block Exterior
  • Stucco Exterior

Interior Spaces

  • 1,535 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

  • Deltona Elementary School
  • Fox Chapel Middle School
  • Weeki Wachee High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Spring Hill Unit 1 Subdivision

Listing and Financial Details

  • Legal Lot and Block 0150 / 0038
  • Assessor Parcel Number R3231732501000380150

Home Details

Home Type

Single Family

Est. Annual Taxes

$855

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Directions: From US Hwy 19 turn east onto Spring Hill Dr; turn north onto Laurel Dr; Property is on the right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Spring Hill Unit 1
  • Unit Levels: One
  • Year Built: 2004
  • Building Stories: 1
  • Lot Size Acres: 0.25
  • Road Surface Type: Paved
  • NAV29_Unit_1_Appliances: Dishwasher, Electric Oven
  • Co List Office Phone: 352-684-7371
  • MLS Status: Closed
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Master Plan Zoning: PDP
  • Location Tax and Legal Elementary School: Deltona
  • Location Tax and Legal High School: Weeki Wachee
  • General Property Information Building Area Total3: 1975.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Carport YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information:Pool Private YN: No
  • Cooling:Central Air: Yes
  • Road Surface Type:Paved: Yes
  • Water Source:Public: Yes
  • Location Tax and Legal Parcel Number2: R3231732501000380150
  • Location Tax and Legal:Tax Annual Amount: 855.0
  • Location Tax and Legal Zoning Description2: Planned Development Project
  • Location Tax and Legal Tax Year2: 2015
  • Location Tax and Legal Tax Lot2: 0150
  • General Property Information New Construction YN: No
  • Levels:One: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • Architectural Style:Contemporary: Yes
  • Flooring:Tile: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Interior Amenities: Split Plan
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Split Plan: Yes

Exterior Features

  • Waterfront: No
  • Pool Private: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Deltona
  • High School: Weeki Wachee
  • Middle Or Junior School: Fox Chapel

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: R3231732501000380150
  • Zoning Description: Planned Development Project
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 855.0
  • Tax Block: 0038
  • Tax Lot: 0150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2017
Closed on
Sep 1, 2017
Sold by
Cortez Investments Group Inc
Bought by
Hernandez Benjamin and Hernandez Kimberly
Seller's Agent
Wendy O'Brien
Spirit Realty of Florida
Buyer's Agent
PAID RECIPROCAL
Paid Reciprocal Office
List Price
$145,000
Sold Price
$142,500
Premium/Discount to List
-$2,500
-1.72%
Current Estimated Value
$303,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,803
Avg. Annual Appreciation
9.50%
Original Mortgage
$139,918
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 29, 2015
Closed on
Dec 21, 2015
Sold by
Pereira Antonio and Pereira Jeanette
Bought by
Cortez Investments Group Inc
Seller's Agent
James Tacy
Tropic Shores Realty LLC
Buyer's Agent
Margarit Dowling
Horizon Palm Realty Group
List Price
$85,000
Sold Price
$69,000
Premium/Discount to List
-$16,000
-18.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.21%

Purchase Details

Closed on
Jan 7, 2011
Sold by
Colarte Felix and Colarte Mercedes
Bought by
Pereira Antonio and Pereira Jeanette

Purchase Details

Closed on
Oct 26, 2010
Sold by
Barbara Colarte
Bought by
Felix Colarte

Purchase Details

Closed on
Aug 25, 2003
Sold by
Dawson Wallace H
Bought by
Maronda Homes Inc Fl

Purchase Details

Closed on
Aug 5, 2003
Sold by
Dawson Wallace H
Bought by
Maronda Homes Inc Fl
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 Type Sale Price Title Company
Warranty Deed $142,500 Home-Land Title Inc
Warranty Deed $69,000 Home-Land Title Inc
Warranty Deed $35,000 Attorney
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- --
Warranty Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $135,075 FHA
Closed $135,183 FHA
Closed $139,918 FHA
Previous Owner $38,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2017 09/01/17 Sold $142,500 -1.7% $93 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $145,000 +110.1% $94 / Sq Ft
12/21/2015 12/21/15 Sold $69,000 -18.8% $45 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $85,000 -- $55 / Sq Ft
Source: Hernando County Association of REALTORS®

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 $1,320 $128,697 -- --
2023 $1,921 $124,949 $0 $0
2022 $1,208 $121,310 $0 $0
2021 $1,282 $117,777 $0 $0
2020 $1,697 $116,151 $0 $0
2019 $1,691 $113,540 $9,445 $104,095
2018 $1,461 $95,058 $6,850 $88,208
2017 $1,170 $58,582 $5,823 $52,759
2016 $1,051 $50,018 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hernando County Association of REALTORS®

MLS Number: 2162742

Hernando County Association of REALTORS®

APN: R32-323-17-5010-0038-0150