NOT LISTED FOR SALE

Estimated Value: $732,149 - $774,000

4 Beds
3 Baths
2,070 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $590,000 $285 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,886/month

14 Days on Market

Highlights

  • No HOA
  • Formal Dining Room
  • Eat-In Kitchen
  • Grady Elementary School Rated A
  • Oversized Parking
  • 1-minute walk to Charles B Williams Park

About This Home

As of July 2021

Multiple offers, Highest and best due June 8th, 5PM ET. ATTENTION ALL SOUTH TAMPA INVESTORS! Great opportunity in the high demand 33609 zip code with so much potential and upside. Currently on the lot sits a newly remodeled block home that is split into an income producing 3/2 and 1/1, both are tenant occupied providing diverse income streams. The spacious chic 1 bed/1 bath is fully furnished and operating as a 5 STAR short term rental (see financials). The new owner can keep operating as a short-term rental, long term rental to offset their mortgage or simply move in! The main home is on an annual lease providing stable income and cash flowing. (see financials) The 3/2 home has been completely remodeled and transformed featuring White solid wood cabinets with soft close features, Quartz countertops, stainless steel gallery appliances and 24x24 white tile and LED lighting through the entire home. The 3/2 has a Newer HVAC to keep the home nice and cool during those hot summer months! The entire home has a brand-new roof permitted in 2020. The in-law suite/guest house was remodeled featuring grey solid wood cabinets that are soft close as well. The back yard is open ready to enjoy with solid block shed spacious enough to keep all your tools and lawn equipment. This current diverse income producing property has an estimated Net operating income (NOI) of $40K! Also, there is tremendous upside for future development/ new construction once rezoned would allow for 3-4 unit townhome development opportunity! Imagine rezoning this lot while collecting passive income! A true Win-Win for Builders/investors. Take a drive down the street and you will see the transformation and surrounding new development in progress. Ideal location close to West shore business district, Midtown, fine dining, shops, airport, and all South Tampa has to offer. Zoned for top rated school district of Coleman, Grady and Plant. Schedule an appointment today before this investment opportunity is gone! Shown by appointment only. Do not disturb or approach tenants please.

Last Agent to Sell the Property

Ben Mitrano

LPT REALTY, LLC License #3453922 Listed on: 05/27/2021

LPT REALTY, LLC

Co-Listed By

Sammy Haji

IMPACT REALTY TAMPA BAY License #3281283

Last Buyer's Agent

Feven Abraham

REDFIN CORPORATION License #3270007

REDFIN CORPORATION

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,765

Year Built

  • Built in 1960

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Fenced
  • Irrigation

Home Design

  • Duplex
  • Split Level Home
  • Slab Foundation
  • Membrane Roofing
  • Built-Up Roof
  • Block Exterior

Interior Spaces

  • 2,070 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer

Parking

  • 2 Carport Spaces
  • Oversized Parking
  • Common or Shared Parking
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Schools

  • Grady Elementary School
  • Coleman Middle School
  • Plant City High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • 2,574 Sq Ft Building
  • Hanan Estates Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,765

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2070
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 2574
  • Lot Size Sq Ft: 7800
  • Directions to Property: Follow N Lois Ave and W North B St to N Hubert Ave
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8124710?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8124710?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9916
  • Price per Sq Ft: 285.02
  • Close to Original List Price Ratio: 0.9916
  • Ratio: Current Price\Building Area Total: 229.22
  • View: No
  • Co List Office Mls Id: 260000779
  • Co List Office Phone: 866-580-6402
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: Multi/Split
  • Street Number Modifier: 208
  • Additional Rooms: Family Room, Formal Dining Room Separate
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Fenced, Irrigation System, Lighting, Other, Sidewalk
  • Roof: Built-Up, Membrane
  • 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: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Common, Covered, Curb Parking, Driveway, Off Street, On Street, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Sewer Connected, Sprinkler Meter, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, In Kitchen, Laundry Room
  • 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

Schools

  • Elementary School: Grady-HB
  • High School: Plant City-HB
  • Middle Or Junior School: Coleman-HB

Lot Info

  • Zoning: RM-24
  • Parcel Number: A-21-29-18-3LJ-000004-00000.1
  • Additional Parcels: No
  • Lot Dimensions: 60x130
  • Flood Zone Code: X

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3764.64
  • Tax Block: 4
  • Tax Book Number: 14-43
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 29, 2021
Sold by
Kareka Steven
Bought by
Nailu Solomon Akmseged
Seller's Agent
Ben Mitrano
LPT REALTY, LLC
Buyer's Agent
Feven Abraham
REDFIN CORPORATION
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Current Estimated Value
$751,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,287
Avg. Annual Appreciation
5.63%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Jun 29, 2020
Closed on
Nov 3, 2020
Sold by
Wojciechowski Michelle and Ghaeenzadeh Amir
Bought by
Kareka Steven
Seller's Agent
Clarence Fields
LUXURY & BEACH REALTY INC
Buyer's Agent
Ben Mitrano
LPT REALTY, LLC
List Price
$499,999
Sold Price
$480,000
Premium/Discount to List
-$19,999
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.66%
Original Mortgage
$456,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2019
Sold by
Henriquez Sharon M and Derwort Darryl J
Bought by
Wojciechowski Michelle and Ghaeenzadeh Amir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,765
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 2018
Sold by
Serwort Margaret P
Bought by
Henriquez Sharon M and Henriquez Darryl J

Purchase Details

Closed on
May 10, 2000
Sold by
Derwort Herman J and Derwort P
Bought by
Derwort Margaret P
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
Nailu Solomon Akmseged $590,000 Veterans Escrow & Ttl Svcs L
Kareka Steven $480,000 Vintage Title Company Inc
Wojciechowski Michelle $289,000 Vintage Title Company Inc
Henriquez Sharon M -- Attorney
Derwort Margaret P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hailu Solomon Alemseged $426,767
Closed Nailu Solomon Akmseged $400,000
Previous Owner Kareka Steven $456,000
Previous Owner Wojciechowski Michelle $283,765
Previous Owner Dewort Margaret P $78,000
Previous Owner Derwort Margaret P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $590,000 -0.8% $285 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $595,000 +24.0% $287 / Sq Ft
11/06/2020 11/06/20 Sold $480,000 -4.0% $242 / Sq Ft
09/28/2020 09/28/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $499,999 0.0% $252 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $499,999 -- $252 / 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 $10,597 $541,481 $138,996 $402,485
2023 $9,779 $494,554 $131,274 $363,280
2022 $10,330 $520,126 $123,552 $396,574
2021 $8,209 $402,022 $100,386 $301,636
2020 $3,922 $226,292 $100,386 $125,906
2019 $787 $96,918 $0 $0
2018 $777 $95,111 $0 $0
2017 $760 $166,570 $0 $0
2016 $753 $91,239 $0 $0
2015 $696 $90,605 $0 $0
2014 $621 $89,886 $0 $0
2013 -- $88,558 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8124710

Stellar MLS

APN: A-21-29-18-3LJ-000004-00000.1