NOT LISTED FOR SALE

2900 W Granfield Ave Plant City, FL 33563

Estimated Value: $467,000 - $544,000

16 Beds
8 Baths
1,560 Sq Ft
$324/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $1,030,000 $660 Per Sq Ft

Current estimated payment $3,650/month

21 Days on Market

Highlights

  • City View
  • No HOA
  • Laundry Room
  • 0.45 Acre Lot
  • Front Porch
  • Central Heating and Cooling System

About This Home

As of July 2024

Excellent Investment Opportunity for 4 duplexes - 8 total units on .45 acre property - 1 parcel. Each unit is 2 bedrooms, 1 bath units with exterior storage rooms that have full size washer & dryer hookups - 762 sf heated space in each unit. The roofs were replaced in 2020 & central AC systems. 2 units remodeled in 2024 with new cabinets, bathrooms, vinyl plank flooring and appliances. Most recent unit rented at $1295/m within 1 week. All tenants have been background checked and pay on time with no issues with long term leases. Tenant pays utilites, City Water, city trash collection, City Sewer all paid by tenants individually. Good location, central to everything and minutes from major highways. Lots of potential for rent improvement. Cap rate around 8% for a very good solid investment with easy potential to increase returns. HUD website shows fair market rent for 2 bedrooms in 33563 zip code at $1570/m if new owner chooses to allow section 8 rentals. Owner pays for Lawn Maintenance at $200/m. Turn key investment. Please do not disturb tenants. No HOA or lease restrictions with the city.

Last Agent to Sell the Property

Angie Inzerillo

BLUE SUN REALTY LLC License #3225079 Listed on: 03/14/2024

Last Buyer's Agent

Angie Inzerillo

BLUE SUN REALTY LLC License #3225079 Listed on: 03/14/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,343

Year Built

  • Built in 1979

Lot Details

  • 0.45 Acre Lot
  • Additional Parcels

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • Ceiling Fan
  • City Views

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Front Porch

Schools

  • Bryan Plant City Elementary School
  • Tomlin Middle School
  • Plant City High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 3
  • Assessor Parcel Number P-30-28-22-58T-000003-00006.0

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 8 Units
  • West Pinecrest Subdivision

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Water Meters
  • Gross Income $98,340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,343

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1560
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 1979
  • Lot Size Sq Ft: 19470
  • Number Of Lots: 4
  • Directions to Property: From Alexander Street, East on Reynolds St, South on Cassel St to address
  • Status: Sold
  • Street Direction: W
  • Ownership: Fee Simple
  • Available for Lease YN: 1
  • Escrow City: Brandon
  • Escrow Postal Code: 33511
  • Escrow State: FL
  • Escrow Street Name: Brandon Blvd
  • Escrow Street Number: 2020
  • List Office Head Office Key Nume: 687845636
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 660.26
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Total Bedrooms: 16
  • Street Number Modifier: 2900
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 144.93

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12057C0269H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Schools

  • Elementary School: Bryan Plant City-HB
  • High School: Plant City-HB
  • Middle Or Junior School: Tomlin-HB

Lot Info

  • Zoning: C-1A
  • Parcel Number: P-30-28-22-58T-000003-00006.0
  • Additional Parcels Description: 0
  • Additional Parcels: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1809

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0
  • Terms Of Lease: Net Lease

Multi Family

  • Gross Income: 98340
  • Number Of Units Total: 8
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Water Meters: 8
  • Total Num Buildings: 4
  • Unit Count: 3
  • Total Monthly Expenses: 200

Tax Info

  • Tax Annual Amount: 10343
  • Tax Block: 3
  • Tax Book Number: 15-10
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
Jun 7, 2024
Sold by
Westwood Properties Llc and Florida Llc
Bought by
Bay Area Drywall Inc
Seller's Agent
Angie Inzerillo
BLUE SUN REALTY LLC
Buyer's Agent
Angie Inzerillo
BLUE SUN REALTY LLC
List Price
$1,100,000
Sold Price
$1,030,000
Premium/Discount to List
-$70,000
-6.36%
Views
34
Current Estimated Value
$505,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$524,500
Avg. Annual Appreciation
-47.79%
Original Mortgage
$720,000
Outstanding Balance
$713,594
Interest Rate
7.22%
Mortgage Type
Balloon
Estimated Equity
-$222,594

Purchase Details

Closed on
Aug 3, 2017
Sold by
Westwood Properties Llc
Bought by
Solano Armiro and Laris Cacrmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,600
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Griffin Herman E and Griffin Alice Lee
Bought by
Westwood Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Bay Area Drywall Inc $450,000 Hillsborough Title
Solano Armiro $507,000 Executive Title Of Florida I
Westwood Properties Llc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bay Area Drywall Inc $720,000
Previous Owner Westwood Properties Llc $500,000
Previous Owner Solano Armiro $405,600
Previous Owner Westwood Properties Llc $275,000
Previous Owner Westwood Properties Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $1,030,000 -6.4% $660 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $1,100,000 0.0% $705 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $1,100,000 -- $705 / 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 $10,752 $617,900 $139,210 $478,690
2023 $10,121 $610,000 $126,555 $483,445
2022 $9,327 $566,100 $107,085 $459,015
2021 $8,367 $460,706 $81,774 $378,932
2020 $8,172 $446,613 $74,960 $371,653
2019 $7,618 $412,211 $68,145 $344,066
2018 $7,054 $375,404 $0 $0
2017 $11,048 $581,296 $0 $0
2016 $10,940 $596,191 $0 $0
2015 $10,516 $561,810 $0 $0
2014 $10,197 $540,873 $0 $0
2013 -- $530,545 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2024

    Angie Inzerillo

    BLUE SUN REALTY LLC

    (813) 365-3370

    21 in this area

    89 Total Sales

    Angie Inzerillo
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3511494

Stellar MLS

APN: P-30-28-22-58T-000003-00001.0

Florida Hillsborough County Plant City 33563

2900 W Granfield Ave, Plant City, FL

This home is located at 2900 W Granfield Ave, Plant City, FL 33563 since 14 March 2024 and is currently estimated at $505,500, approximately $324 per square foot. This property was built in 1979. 2900 W Granfield Ave is a home located in Hillsborough County with nearby schools including Bryan Elementary School, Tomlin Middle School, and Plant City High School.

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

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