NOT LISTED FOR SALE

2009 Wallace Rd Lutz, FL 33549

Estimated Value: $305,000 - $747,000

1.18 Acres
$390,396 Price per Acre
51,401 Sq Ft Lot

Last Sold July 24, 2023

Last sale price $262,500

Est. 75% increase in value since last sale

Current estimated payment $2,717/month

145 Days on Market

Highlights

  • 165 Feet of Lake Waterfront
  • 1.18 Acre Lot
  • High Speed Internet
  • Lutz K-8 School Rated 9+
  • No HOA
  • Chain Link Fence

About This Lot

As of July 2023

NEW PRICE. SELLER FINANCING CONSIDERED. Beautiful, private, 165’ wide, fenced and gated (locked) 1 AC lakefront homesite. NO DEED RESTRICTIONS. Realize approximately $23,000 CREDITS in county Impact Fees when you build your dream home. The previous residence has been removed. The well, pool shell, and outbuilding remain. Buildable home sites like this in the Lutz community don't come along very often. No HOA dues. No CDD fees. No flood insurance. Zoned ASC-1. This incredible home site is located on a tree canopied street in an area of newer homes and estates. Stand in the center of the property, look out across the lake, and listen to the sounds of silence, and leave the stress of the day behind. Ride, bike, or walk down Wallace Road and experience the feel of living in the country without the long drive to get there. This location is very convenient to USF, VA, Moffit, UCH, Winn Dixie/Publix/Costco, Tampa Premium Outlet Mall, I-75 and I-275 and the Veterans Expressway. Schedule your showing today.

Last Agent to Sell the Property

Bud Mueller

DENNIS REALTY & INV. CORP. License #3100249 Listed on: 12/09/2022

DENNIS REALTY & INV. CORP.

Last Buyer's Agent

Jim Henning

COMPASS FLORIDA LLC License #640404

COMPASS FLORIDA LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,106

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 165x305
  • 165 Feet of Lake Waterfront
  • Lake Front
  • Property fronts a county road
  • Unincorporated Location
  • North Facing Home
  • Chain Link Fence
  • Level Lot
  • Cleared Lot
  • Property is zoned ASC-1

Property Views

  • Lake
  • Pool

Schools

  • Lutz Elementary School
  • Liberty Middle School
  • Freedom High School

Utilities

  • 1 Water Well
  • 1 Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Assessor Parcel Number U-07-27-19-ZZZ-000001-13690.0

Community Details

Overview

  • No Home Owners Association
  • Unplatted Subdivision

Recreation

  • Access To Lake
  • Utility Building

Property Details

Property Type

Land

Est. Annual Taxes

$2,106

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 1.18
  • Lot Size Sq Ft: 47604
  • Number Of Lots: 1
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: LUTZ, FL 33549
  • Escrow State: FL
  • Escrow Street Name: US Hwy 41 N
  • RATIO Current Price By Calculate: 5.51
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • AG Exemption YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: North
  • Other Structures: Utility Building(s)
  • Road Frontage Type: County Road
  • View: Pool, Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Lake
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 165
  • Water Frontage Feet Lake: 165

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Utility Pole
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: Lutz-HB
  • High School: Freedom-HB
  • Middle Or Junior School: Liberty-HB

Lot Info

  • Zoning: ASC-1
  • Parcel Number: U-07-27-19-ZZZ-000001-13690.0
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Chain Link, Fenced
  • Lot Features: Buildable, Cleared, In County, Level, Room For Pool, Paved, Unincorporated
  • Lot Dimensions: 165x305
  • Flood Zone Code: X/AE
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2106.41
  • Tax Block: 1
  • Tax Book Number: 25-10
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2022
Closed on
Jul 24, 2023
Sold by
2009 Wallace Road Trust
Bought by
Guthrie Blake and Guthrie Morgan
Seller's Agent
Bud Mueller
DENNIS REALTY & INV. CORP.
Buyer's Agent
Jim Henning
COMPASS FLORIDA LLC
List Price
$350,000
Sold Price
$262,500
Premium/Discount to List
-$87,500
-25%
Views
186
Current Estimated Value
$460,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,167
Avg. Annual Appreciation
26.16%
Original Mortgage
$850,000
Outstanding Balance
$827,724
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
-$367,057

Purchase Details

Closed on
Jul 22, 2017
Sold by
Manion Amy
Bought by
Manion Tony

Purchase Details

Closed on
Nov 21, 2009
Sold by
Tripp Joseph E and Tripp Debra A
Bought by
Manion Tony L

Purchase Details

Closed on
May 9, 2002
Sold by
Westfall Robert G and Westfall Antonia C
Bought by
Tripp Joseph E and Tripp Debra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.18%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Guthrie Blake $262,500 Meridian Title
Manion Tony -- Attorney
Manion Tony L $102,500 Arrow Title Llc
Tripp Joseph E $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guthrie Blake $850,000
Previous Owner Tripp Joseph E $62,000
Previous Owner Tripp Joseph E $136,000
Previous Owner Tripp Joseph E $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $262,500 -11.9% --
05/04/2023 05/04/23 Pending -- -- --
04/18/2023 04/18/23 Price Changed $298,000 -12.0% --
01/13/2023 01/13/23 Price Changed $338,800 -3.2% --
12/09/2022 12/09/22 For Sale $350,000 -- --
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 $3,644 $210,210 $210,210 --
2023 $2,888 $294,294 $294,294 $0
2022 $2,106 $168,168 $168,168 $0
2021 $1,719 $109,309 $109,309 $0
2020 $1,585 $100,901 $100,901 $0
2019 $1,462 $92,492 $92,492 $0
2018 $1,267 $68,388 $0 $0
2017 $1,509 $68,296 $0 $0
2016 $1,527 $68,304 $0 $0
2015 $1,552 $68,304 $0 $0
2014 $1,837 $68,281 $0 $0
2013 -- $89,672 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bud Mueller

    DENNIS REALTY & INV. CORP.

    (813) 928-2644

    1 in this area

    4 Total Sales

    Bud Mueller
    Section Image
  • Jim Henning

    Buyer's Agent in 2023

    Jim Henning

    COMPASS FLORIDA LLC

    (813) 310-8108

    3 in this area

    106 Total Sales

    Jim Henning
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3417608

Stellar MLS

APN: U-07-27-19-ZZZ-000001-13690.0

Florida Hillsborough County Lutz 33549

2009 Wallace Rd, Lutz, FL

Not Listed for Sale

Lots

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 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.



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

Nearby Homes