NOT LISTED FOR SALE

4337 Azora Rd Spring Hill, FL 34608

Estimated Value: $262,000 - $368,000

4 Beds
2 Baths
2,064 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $185,000 $90 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,922/month

28 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • 1-Story Property
  • Central Heating and Cooling System
  • Carpet

About This Home

As of August 2021

Investment Opportunity. Full-rented duplex with long-term tenant history. 2 bedroom and 1 bathroom units are located in convenient Spring Hill location. Easy access to all of the local shopping, places of business, and more. City water and sewer. Financials are available for qualified buyers with serious interest only. Sale is subject to leases and Property Management Agreement, available for review with qualified offer. DO NOT WALK UP TO OR AROUND THE UNITS. THEY ARE OCCUPIED. YOU WILL HAVE TRESPASSED IF CAUGHT AND THE OWNER WILL PRESS CHARGES.

Last Agent to Sell the Property

John Maisel

Active Agent Realty LLC License #3347003 Listed on: 06/24/2021

Co-Listed By

David Bramblett

Active Agent Realty LLC License #3026035

Last Buyer's Agent

John Maisel

Active Agent Realty LLC License #3347003 Listed on: 06/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1986

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 125x80
  • Property fronts a county road
  • Rectangular Lot

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,064 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Parking

  • Private Parking
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Spring Hill Subdivision

Building Details

  • Insurance Expense $1,575
  • Operating Expense $6,286
  • Gross Income $16,650
  • Net Operating Income $10,364

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,612

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Architectural Style: One Story
  • CapRate: 0.06
  • Co List Office Phone: (352) 228-8910
  • Directions: 19/Commercial Way to East on Northcliffe Blvd to RIGHT on Azora Road. Duplex is on Right.
  • Unit Levels: One
  • Lot Size Acres: 0.23
  • Lot Size: 125x80
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Spring Hill
  • Year Built: 1986
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Electric Range, Refrigerator
  • Flooring: Carpet, Vinyl
  • Interior Amenities: First Floor Entry
  • Living Area: 2064.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Block, Slab
  • Lot Features: Rectangular
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Private

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 10000.0
  • Zoning: PDRP
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 16650.0
  • Insurance Expense: 1575.0
  • Property Net Operating Income: 10364.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 6286.0

Tax Info

  • Tax Annual Amount: 2612.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2024
Sold by
Motakef Allen A
Bought by
Southsea Capital Llc
Current Estimated Value
$296,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,263,100
Outstanding Balance
$1,246,503
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
-$940,833

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 20, 2021
Sold by
Pensco Trust Company Llc
Bought by
Motakef Allen A
Seller's Agent
John Maisel
Active Agent Realty LLC
Buyer's Agent
John Maisel
Active Agent Realty LLC
List Price
$195,000
Sold Price
$185,000
Premium/Discount to List
-$10,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.06%

Purchase Details

Closed on
Dec 31, 2015
Sold by
Aremanda Anil K
Bought by
Pensco Trust Company and Thomas R Dorman Jr Ira

Purchase Details

Closed on
Jan 29, 2010
Sold by
Forbes Raymond A and Forbes Sandra A
Bought by
Aremanda Anil K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,125
Interest Rate
4.94%
Mortgage Type
New Conventional
Source: Public Records

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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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
Southsea Capital Llc $100 None Listed On Document
Southsea Capital Llc $100 None Listed On Document
Southsea Capital Llc $100 None Listed On Document
Motakef Allen A $185,000 Title Usa Llc
Pensco Trust Company $195,000 Attorney
Aremanda Anil K -- North American Title Company
Aremanda Anil K $101,500 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southsea Capital Llc $1,263,100
Closed Southsea Capital Llc $1,263,100
Previous Owner Aremanda Anil K $76,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2021 08/20/21 Sold $185,000 -5.1% $90 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $195,000 +100.0% $94 / Sq Ft
11/07/2016 11/07/16 Sold $97,500 -11.3% $39 / Sq Ft View Prior Sale
10/08/2016 10/08/16 Pending -- -- --
09/28/2016 09/28/16 For Sale $109,900 -- $44 / Sq Ft
Source: REALTORS® Association of Citrus County

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
2025 $4,465 $218,595 $41,300 $177,295
2024 $4,389 $206,361 $41,300 $165,061
2023 $4,389 $196,825 $0 $0
2022 $3,843 $178,932 $23,400 $155,532
2021 $1,864 $124,820 $16,000 $108,820
2020 $2,612 $119,152 $13,800 $105,352
2019 $2,515 $109,865 $11,600 $98,265
2018 $1,220 $79,385 $11,000 $68,385
2017 $1,732 $77,692 $10,500 $67,192
2016 $1,414 $59,336 $0 $0
2015 $1,429 $60,024 $0 $0
2014 $1,449 $61,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 802857

REALTORS® Association of Citrus County

APN: R32-323-17-5170-1151-0060