$135,000
SOLD JUL 10, 2020

3127 W Sligh Ave Unit 304B Tampa, FL 33614

Egypt Lake Neighborhood
2 Beds
2 Baths
1,352 Sq Ft
$495/mo HOA Fee

Recently Sold

$100 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • 18 Feet of Waterfront
  • Boat Ramp
  • Fishing
  • Hillsborough High School Rated A-
  • Dock made with wood
  • Open Floorplan

About This Home

As of September 2021

Incredible investment opportunity with great passive cash flow! Current tenant has a 2 year lease with a great CAP rate of 10%! This beautiful turn key condo features 2 bedrooms and 2 bathrooms with a large loft space that can be used as a third bedroom. Recently updated flooring, kitchen cabinets and granite countertops, updated bathrooms, and two large balconies facing Egypt Lake. The current tenants have been there for over 9 years and have recently signed a 2 year lease. THIS IS AN INCOME PRODUCING PROPERTY SOLD FOR INVESTMENT PURPOSES.

Last Agent to Sell the Property

Michael Notbohm

KELLER WILLIAMS TAMPA CENTRAL License #3331424 Listed on: 06/17/2020

KELLER WILLIAMS TAMPA CENTRAL

Last Buyer's Agent

Michael Notbohm

KELLER WILLIAMS TAMPA CENTRAL License #3331424 Listed on: 06/17/2020

KELLER WILLIAMS TAMPA CENTRAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1986

Lot Details

  • 18 Feet of Waterfront
  • Lake Front
  • End Unit
  • Southwest Facing Home

HOA Fees

  • $495 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,352 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Family Room Off Kitchen

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Water Skiing Allowed
  • Boat Ramp
  • Dock made with wood
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pool maintenance, trash, water
  • Vanguard Property Management Association, Phone Number (813) 930-8036
  • Egypt Lake Beach Club A Condom Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Elevator

Recreation

  • Boat Ramp
  • Community Pool
  • Fishing

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,626

Year Built

Built in 1986

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pool Maintenance, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1352
  • Lot Size Acres: 0.03
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 1441
  • Directions to Property: I-75 SOUTH TO I-275 S TO EXIT 48 SLIGH AVE TURN RIGHT ONTO E SLIGH AVE TO W SLIGH AVE
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3248471?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3248471?w=Customer
  • Floor Number: 3
  • Homestead Y N: No
  • Unit Number Y N: No
  • Property Description: Corner Unit, End Unit
  • Ratio: Close Price\List Price: 0.96429
  • Price per Sq Ft: 99.85
  • Close to Original List Price Ratio: 0.96429
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 3
  • Street Number Modifier: 3127
  • Room Count: 3

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Water Extras: Boat Ramp - Private, Dock - Wood, Skiing Allowed
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12057C0213H
  • Waterfront Frontage: 18
  • Water Frontage Feet Lake: 18

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Deed Restrictions, Fishing, Pool, Sidewalk, Waterfront
  • Association Fee: 495
  • Association Fee Frequency: Monthly
  • Association Name: Vanguard Property Management
  • Phone: (813) 930-8036
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5940
  • Monthly HOA Fee: 495
  • Total Monthly Fees: 495

Lot Info

  • Zoning: RMC-20
  • Parcel Number: U-34-28-18-18D-000304-B0000.0
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28

Rental Info

  • Pets Allowed: Breed Restrictions
  • Minimum Lease: 1-2 Years
  • Approval Process: HOA Application
  • Pet Restrictions: Breed Restrictions, see HOA docs
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: N/A

Tax Info

  • Tax Annual Amount: 1626
  • Tax Block: 304
  • Tax Book Number: CB09-75
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 9, 2021
Sold by
Earlie Group Llc
Bought by
Ghattas James R
Seller's Agent
Paul Mercer
KELLER WILLIAMS TAMPA PROP.
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$200,000
Sold Price
$225,000
Premium/Discount to List
$25,000
12.5%
Current Estimated Value
$222,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,439
Avg. Annual Appreciation
-0.27%
Original Mortgage
$167,800
Outstanding Balance
$153,350
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$69,211

Purchase Details

Listed on
Jun 17, 2020
Closed on
Jul 10, 2020
Sold by
Fast & Easy Offer Llc
Bought by
Earlie Group Llc
Seller's Agent
Michael Notbohm
KELLER WILLIAMS TAMPA CENTRAL
Buyer's Agent
Michael Notbohm
KELLER WILLIAMS TAMPA CENTRAL
List Price
$139,999
Sold Price
$135,000
Premium/Discount to List
-$4,999
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
54.74%

Purchase Details

Closed on
Apr 1, 2020
Sold by
Boza Michael A and Boza Linda J
Bought by
Fast & Easy Offer Llc

Purchase Details

Closed on
May 29, 1998
Sold by
Chang Marcia R and Chang T
Bought by
Boza Michael A and Boza Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,350
Interest Rate
7.11%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $225,000 Star Ttl Partners Of Tampa L
Warranty Deed $135,000 Old Tampa Bay Title Llc
Warranty Deed $105,000 Old Tampa Bay Title Llc
Warranty Deed $93,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $167,800 New Conventional
Previous Owner $121,700 Adjustable Rate Mortgage/ARM
Previous Owner $133,487 Balloon
Previous Owner $117,900 Unknown
Previous Owner $95,000 New Conventional
Previous Owner $88,350 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Rented $2,400 0.0% --
06/28/2023 06/28/23 Under Contract -- -- --
06/21/2023 06/21/23 For Rent $2,400 0.0% --
09/10/2021 09/10/21 Sold $225,000 +12.5% $166 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $200,000 +48.1% $148 / Sq Ft
07/10/2020 07/10/20 Sold $135,000 -3.6% $100 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $139,999 -- $104 / 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 $2,946 $168,278 $100 $168,178
2023 $3,103 $176,811 $100 $176,711
2022 $2,992 $169,400 $100 $169,300
2021 $2,067 $114,061 $100 $113,961
2020 $1,786 $103,039 $100 $102,939
2019 $1,626 $89,959 $100 $89,859
2018 $1,529 $85,645 $0 $0
2017 $1,341 $67,206 $0 $0
2016 $1,362 $66,911 $0 $0
2015 $1,258 $60,828 $0 $0
2014 $1,241 $58,565 $0 $0
2013 -- $53,241 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3248471

Stellar MLS

APN: U-34-28-18-18D-000304-B0000.0