NOT LISTED FOR SALE

300 State St E Oldsmar, FL 34677

Oldsmar Area

Estimated Value: $226,000 - $311,000

Studio
-- Bath
1,422 Sq Ft
1 Acre Lot

Sale Details

Date Sold: August 27, 2021

Last sale price $2,108,865 $1,483 Per Sq Ft

Current estimated payment $6,140 / mo

Highlights

  • 1 Acre Lot
  • Balcony
  • Central Heating and Cooling System
  • East Lake High School Rated A

About This Home

As of August 2021

A Pinellas County Portfolio of (9-Units 2-Bdrm-2.5-Bath) Residential Condominium offered For Sale at a 7.5% CAP RATE return with absolute triple net deal (NNN). Offered by Healthier Stay Oldsmar LLC. Seller will execute a 2-year lease back agreement with an option to extend beyond 2 years, paying $158,165 in annual rents that guarantees a 7.5% return, plus they pay for all taxes, condo fees, utilities, maintenance, etc. During this lease period, Buyer has No tenant issues, No maintenance issues/costs, No vacancy issues and No collection issues! A true passive real estate investment.

Last Agent to Sell the Property

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE Listed on: 08/27/2021

STELLAR NON-MEMBER OFFICE

Last Buyer's Agent

Mark Ganier

RE/MAX REALTEC GROUP INC License #201

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,743

Year Built

  • Built in 2007

Lot Details

  • 1

HOA Fees

  • $4,211 Monthly HOA Fees

Home Design

  • 1,422 Sq Ft Home
  • Slab Foundation
  • Built-Up Roof
  • Block Exterior

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Assessor Parcel Number 24-28-16-63922-000-2010

Community Details

Overview

  • 9 Units
  • Oldsmar Galleria Condo Subdivision
  • Rental Restrictions

Pet Policy

  • 1 Pet Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,743

Year Built

Built in 2007

Lot Details

1 Acres

HOA Fees

$4,211 per month

Listing Details

  • Property Type: Residential Income
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1422
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 1422
  • Number Of Lots: 9
  • Status: Sold
  • Street Post Direction: E
  • Unit Count: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1483.03
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 1483.03
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Balcony
  • Roof: Built-Up
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 4211
  • Condo Fees Term: Monthly
  • Monthly Condo Fee Amount: 4211
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 50532
  • Total Monthly Fees: 4211

Lot Info

  • Parcel Number: 24-28-16-63922-000-2010
  • Additional Parcels: Yes
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: Yes

Multi Family

  • Number Of Units Total: 9

Tax Info

  • Tax Annual Amount: 2742.91
  • Tax Block: 000
  • Tax Book Number: 153-8
  • Tax Lot: 000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Aug 26, 2021
Sold by
Bought by
Seller's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
Buyer's Agent
Mark Ganier
RE/MAX REALTEC GROUP INC
List Price
$2,108,865
Sold Price
$2,108,865
Current Estimated Value
$281,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,827,258
Avg. Annual Appreciation
-33.53%
Original Mortgage
$1,370,762
Outstanding Balance
$1,217,573
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$935,966

Purchase Details

Closed on
Apr 17, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 23, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Oldsmar, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,108,865 Republic Land And Title Inc
$1,360,000 Attorney
$1,300,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,370,762
Previous Owner $2,040,000
Previous Owner $700,000
Previous Owner $700,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $2,108,865 0.0% $1,483 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $2,108,865 -- $1,483 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,571 $292,950 $292,950
2024 $4,205 $270,717 $270,717
2023 $4,205 $241,093 $0 $241,093
2022 $4,035 $229,837 $0 $229,837
2021 $2,769 $150,349 $0 $0
2020 $2,743 $146,823 $0 $0
2019 $2,764 $146,610 $0 $146,610
2018 $2,541 $133,658 $0 $0
2017 $2,518 $130,372 $0 $0
2016 $2,365 $123,321 $0 $0
2015 $2,170 $108,136 $0 $0
2014 $2,739 $135,912 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: J933510

Stellar MLS

APN: 24-28-16-63922-000-2020

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