NOT LISTED FOR SALE

4502 Coconut Cove Place Valrico, FL 33596

Estimated Value: $404,000 - $547,000

3 Beds
2 Baths
1,650 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 16, 2023

Last sale price $515,000 $312 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,015/month

93 Days on Market

Highlights

  • 95 Feet of Riverfront
  • Boat Ramp
  • 0.83 Acre Lot
  • Lithia Springs Elementary School Rated A-
  • Oak Trees
  • Open Floorplan

About This Home

As of August 2023

Embrace the serene and picturesque Alafia River at this one-of-a-kind property! This home is being offered as a fully furnished, turn-key, cash-flowing short-term rental (i.e. AirBnB) property, but it would make a perfect primary residence or second home as well. Set on nearly an acre over two parcels, this 3-bedroom, 2-bathroom home with a loft offers luxurious custom upgrades, unparalleled waterfront views, and no HOA or CDD fees.

Upon arrival, you are greeted by a canopy of mature oak trees leading to an open-concept living area with vaulted ceilings, a fireplace, and floor-to-ceiling windows showcasing the breathtaking river view. The well-equipped kitchen boasts upgraded cabinets, Cambria quartz countertops, tile backsplash, and a center island with a cooktop.

Two spacious bedrooms, each with private balconies, share a beautifully renovated bathroom with a deep jetted tub, custom tile, and heated towel bar. The master suite features a bay window, a built-in safe, and an ensuite bathroom with a steam shower, massage jets, teak bench seating, and skylights.

The loft, currently utilized as an additional living and sleeping area, offers an even space for entertainment. Outdoors, enjoy the wrap-around composite wood deck with electrical setup for a hot tub, a paver patio with a firepit, grill, benches, and a gazebo overlooking the river. Bring your river toys and take advantage of the boat ramp.

With ample space for parking, the property accommodates RVs and boats, featuring an RV parking pad with electric, water, and sewage hookups, a 3-car garage, workshop, and a covered carport.

Experience life off the grid in this tranquil riverside sanctuary with easy access to great Fishhawk area schools, shopping, dining, and highways. Schedule your private showing today and don't miss the opportunity to own this riverside paradise!

Last Agent to Sell the Property

MATT GARDNER

EXP REALTY LLC License #3426679 Listed on: 03/19/2023

EXP REALTY LLC

Last Buyer's Agent

Jennie Restrepo

LPT REALTY, LLC License #3282264

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,149

Year Built

  • Built in 1981

Lot Details

  • 0.83 Acre Lot
  • 95 Feet of Riverfront
  • River Front
  • Street terminates at a dead end
  • Unincorporated Location
  • Northeast Facing Home
  • Dog Run
  • Chain Link Fence
  • Oversized Lot
  • Irregular Lot
  • Irrigation
  • Oak Trees
  • Wooded Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned AS-1

Parking

  • 3 Car Attached Garage
  • 2 Carport Spaces
  • Split Garage
  • Parking Pad
  • Workshop in Garage
  • Ground Level Parking
  • Side Facing Garage
  • Driveway
  • Guest Parking
  • Open Parking

Property Views

  • River
  • Woods

Home Design

  • Elevated Home
  • Tri-Level Property
  • Turnkey
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Pile Dwellings

Interior Spaces

  • 1,650 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Insulated Windows
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • En-Suite Bathroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • River Access
  • Boat Ramp
  • Balcony
  • Deck
  • Patio
  • Rain Gutters
  • Wrap Around Porch

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Schools

  • Lithia Springs Elementary School
  • Randall Middle School
  • Newsome High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • 1 Water Well
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • Unplatted Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,149

Year Built

Built in 1981

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 1650
  • Lot Size Acres: 0.83
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 2964
  • Lot Size Sq Ft: 36155
  • Number Of Lots: 2
  • Directions to Property: From Lithia Pinecrest Rd, turn south onto Coconut Cove Pl; Destination will be on the right at the end of the road. A wooden post with 4502 marked on it is the beginning of the driveway.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Santa Rosa Beach
  • Escrow Postal Code: 32459
  • Escrow State: FL
  • Escrow Street Name: Spires Ln, Suite 9A
  • Escrow Street Number: 90
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 312.12
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 1
  • Water Access YN: 1
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Fireplace Features: Gas, Living Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Kitchen/Family Room Combo, Master Bedroom Upstairs, Open Floorplan, Solid Wood Cabinets, Stone Counters, Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Softener
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Spa Yn: No
  • Window Features: Impact Glass/Storm Windows, Insulated Windows, Window Treatments
  • Street Number Modifier: 4502
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Loft
  • Living Area Meters: 153.29
  • Room Count: 8

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Balcony, Dog Run, French Doors, Irrigation System, Rain Gutters
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Trees/Woods, Water
  • Water Body Name: ALAFIA RIVER
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch, Patio, Porch, Rear Porch, Wrap Around
  • Road Surface Type: Asphalt, Paved
  • Disclosures: Seller Property Disclosure
  • Water Access: River
  • Water Extras: Boat Ramp - Private
  • Water Extras YN: 1
  • Water View: River
  • Water View YN: 1
  • Waterfront Feet Total: 95
  • Water Frontage Feet River: 95

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Garage Faces Side, Ground Level, Guest, Open, Oversized, Parking Pad, Split Garage, Workshop in Garage

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Security: Security System, Smoke Detector(s)
  • 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: Lithia Springs-HB
  • High School: Newsome-HB
  • Middle Or Junior School: Randall-HB

Lot Info

  • Zoning: AS-1
  • Parcel Number: U-16-30-21-ZZZ-000004-35600.0
  • Additional Parcels Description: U-16-30-21-ZZZ-000004-35890.1
  • Additional Parcels: Yes
  • Fencing: Chain Link
  • Lot Features: Flood Insurance Required, FloodZone, Irregular Lot, Oversized Lot, Street Dead-End, Paved, Unincorporated
  • Lot Dimensions: Irregular
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 3359
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Turnkey
  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 7149
  • Tax Block: 4
  • Tax Book Number: 001/001
  • Tax Lot: 0

Multi Family

  • Waterfront Features: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2023
Closed on
Aug 16, 2023
Sold by
Bowen Jared Jeffery and Bowen Stephanie Marie
Bought by
Mcfadden Thomas and Mcfadden Mckayla
Seller's Agent
MATT GARDNER
EXP REALTY LLC
Buyer's Agent
Jennie Restrepo
LPT REALTY, LLC
List Price
$517,000
Sold Price
$515,000
Premium/Discount to List
-$2,000
-0.39%
Views
129
Current Estimated Value
$478,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,588
Avg. Annual Appreciation
-3.35%
Original Mortgage
$515,000
Outstanding Balance
$503,589
Interest Rate
6.96%
Mortgage Type
VA
Estimated Equity
-$25,177

Purchase Details

Listed on
Dec 18, 2020
Closed on
Feb 4, 2021
Sold by
Ellerman Jennifer M and Irvin Ellerman Robert
Bought by
Wihler Melody
Seller's Agent
Stacy Dunn
LPT REALTY, LLC
Buyer's Agent
Estrella Alvarado
THE SOMERDAY GROUP PL
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%
Original Mortgage
$342,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 5, 2021
Sold by
Cullen Jennifer M and Ellerman Robert Irvin
Bought by
Ellerman Jennifer M and Ellerman Robert Irvin
Seller's Agent
Stacy Dunn
LPT REALTY, LLC
Buyer's Agent
Estrella Alvarado
THE SOMERDAY GROUP PL
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 16, 2018
Closed on
Jan 9, 2019
Sold by
Pennenga Timothy S and Pennenga Julie M
Bought by
Cullen Jennifer M
Seller's Agent
Lisa Anderson
SIGNATURE REALTY ASSOCIATES
Buyer's Agent
Robert Mitchell II
LPT REALTY, LLC
List Price
$339,000
Sold Price
$339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$328,830
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2003
Sold by
Hope William H and Hope Sindy S
Bought by
Pennenga Timothy S and Pennenga Julie Logozzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,200
Interest Rate
5.97%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 2002
Sold by
Dorsey Robert W
Bought by
Hope William H and Hope Sindy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,050
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 1998
Sold by
Payne Richard A and Payne S
Bought by
Dorsey Robert W and Dorsey David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1995
Sold by
Tarnok Jeffrey P and Tarnok Sangworn
Bought by
Payne Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.55%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mcfadden Thomas $515,000 Insured Title
Wihler Melody $375,000 All American Title
Ellerman Jennifer M -- Navy Federal Tite Svcs Llc
Cullen Jennifer M $339,000 Attorney
Pennenga Timothy S $178,000 Fidelity National Title Insu
Hope William H $99,000 --
Dorsey Robert W $88,000 --
Payne Richard A $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfadden Thomas $515,000
Previous Owner Ellerman Jennifer M $342,000
Previous Owner Cullen Jennifer M $328,830
Previous Owner Pennenga Timothy S $160,200
Previous Owner Payne Richard A $94,050
Previous Owner Payne Richard A $70,400
Previous Owner Payne Richard A $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2023 08/16/23 Sold $515,000 -0.4% $312 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
06/16/2023 06/16/23 For Sale $517,000 0.0% $313 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/06/2023 06/06/23 Price Changed $517,000 -1.5% $313 / Sq Ft
06/06/2023 06/06/23 For Sale $524,900 0.0% $318 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
04/23/2023 04/23/23 Price Changed $524,900 -1.9% $318 / Sq Ft
03/19/2023 03/19/23 For Sale $535,000 +4.4% $324 / Sq Ft
04/01/2022 04/01/22 Sold $512,500 +2.5% $303 / Sq Ft View Prior Sale
03/05/2022 03/05/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $499,900 +33.3% $295 / Sq Ft
02/04/2021 02/04/21 Sold $375,000 -6.0% $221 / Sq Ft View Prior Sale
01/15/2021 01/15/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $399,000 +17.7% $236 / Sq Ft
01/09/2019 01/09/19 Sold $339,000 0.0% $191 / Sq Ft View Prior Sale
12/07/2018 12/07/18 Pending -- -- --
11/16/2018 11/16/18 For Sale $339,000 -- $191 / 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 $5,752 $343,719 -- --
2023 $6,000 $317,111 $94,752 $222,359
2022 $7,149 $385,652 $94,752 $290,900
2021 $3,649 $223,595 $0 $0
2020 $2,133 $141,567 $31,584 $109,983
2019 $2,378 $115,343 $31,584 $83,759
2018 $2,396 $116,931 $0 $0
2017 $2,512 $121,758 $0 $0
2016 $2,395 $113,760 $0 $0
2015 $841 $68,212 $0 $0
2014 $843 $67,671 $0 $0
2013 -- $66,671 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8193121

Stellar MLS

APN: U-16-30-21-ZZZ-000004-35600.0