NOT LISTED FOR SALE

521 W Lutz Lake Fern Rd Lutz, FL 33548

Estimated Value: $404,233 - $483,000

3 Beds
2 Baths
1,848 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $375,000 $203 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,787/month

Highlights

  • Park or Greenbelt View
  • Corner Lot
  • Front Porch
  • Lutz K-8 School Rated 9+
  • No HOA
  • Oversized Parking

About This Home

As of April 2022

Zoned for Steinbrenner High School! This charming 3-bedroom, 2-bathroom ranch-style home is situated on a HUGE CORNER LOT, off a dead-end private street in the heart of Lutz, overlooking the Lutz ballfields and sports complex. No HOA/CDD fees! This concrete block home has been updated with NEWER windows & doors, AC 2018, Roof, electrical, and water heater 2013. As you approach the house from the wide driveway, you'll notice plenty of parking, including a large 2-car carport (can be easily converted into a garage) and a welcoming, covered front porch. As you enter the home, you are invited into a light and bright formal dining/sitting area with a beautiful front window allowing plenty of natural light in, crown molding, hardwood floors, and a pocket sliding door leading to the kitchen. The farm-style kitchen installed in 2013 comes equipped with genuine wood cabinets, tile backsplash, a large farm sink, plenty of storage space with custom pull-out shelves. Kitchen appliances included: refrigerator, electric cooktop range, dishwasher, and NEW microwave. Just off the kitchen is a spacious family room with a chair railing and plenty of natural light. Down the hall, the secondary bathroom boasts beautiful wainscoting/chair railing, tile flooring, single vanity, and tub/shower combo. The master en-suite is spacious and comfortable with hardwood floors, abundant lighting, and plenty of closet space. The master bathroom includes a large walk-in shower and genuine wood-style vanity. Both secondary bedrooms are a generous size with ample closet space. The laundry room is spacious and comes equipped with a utility sink, washer/dryer included (Samsung), plenty of storage space, and access to the backyard and master bathroom. Enjoy the fully fenced LARGE BACKYARD with a screened-in lanai, mature oak trees, and plenty of space for storage. Playground equipment and rubber sheds. Conveniently located minutes from US-41 with easy access to North Dale Mabry, I-75, and I-275. Plenty of shopping and dining nearby.

Last Agent to Rent the Property

Keith Lucombe

REALTY ONE GROUP ADVANTAGE License #3362499 Listed on: 03/12/2022

REALTY ONE GROUP ADVANTAGE

Last Renter's Agent

Keith Lucombe

REALTY ONE GROUP ADVANTAGE License #3362499 Listed on: 03/12/2022

REALTY ONE GROUP ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,248

Year Built

  • Built in 1966

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 121x125
  • Fenced
  • Corner Lot

Interior Spaces

  • 1,848 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Combination Dining and Living Room
  • Park or Greenbelt Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Oversized Parking
  • Driveway

Outdoor Features

  • Screened Patio
  • Shed
  • Front Porch

Schools

  • Lutz Elementary School
  • Buchanan Middle School
  • Steinbrenner High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • There Is Non Association
  • Unplatted Subdivision

Listing and Financial Details

  • Residential Lease
  • Property Available on 3/11/22
  • The owner pays for sewer, water
  • 12-Month Minimum Lease Term
  • Long Term Lease
  • $75 Application Fee
  • Assessor Parcel Number U-11-27-18-ZZZ-000000-51990.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,248

Year Built

Built in 1966

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Yes
  • Lease Fee: 200
  • Long Term Y N: Yes
  • Minimum Lease: No Minimum
  • Application Fee: 75
  • Available Date: 2022-03-11

Listing Details

  • Property Type: Residential Lease
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 1848
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 2520
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 15125
  • Owner Pays: Sewer, Water
  • Directions to Property: From US-41 S turn R onto W Lutz Lake Fern Rd. Home will be on the right, across from the Lutz Football Field.
  • Status: Leased
  • Street Direction: W
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 1.52
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 1.11
  • View: Yes
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 521
  • Room Count: 4

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Storage
  • Pool Private: No
  • View: Park
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Other

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Driveway, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: There is NON
  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Lutz-HB
  • High School: Steinbrenner High School
  • Middle Or Junior School: Buchanan-HB

Lot Info

  • Parcel Number: U-11-27-18-ZZZ-000000-51990.0
  • Lot Features: Corner Lot
  • Lot Dimensions: 121x125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2022
Sold by
Ogbekhilu Eddy T and Ogbekhilu Mathurine
Bought by
Ejakhe Properties Group Llc
Current Estimated Value
$448,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Outstanding Balance
$208,730
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$239,328

Purchase Details

Listed on
Mar 12, 2022
Closed on
Mar 8, 2022
Sold by
Eric Fundersol
Bought by
Ogbekhilu Eddy T and Ogbekhilu Mathurine
Seller's Agent
Keith Lucombe
REALTY ONE GROUP ADVANTAGE
Buyer's Agent
Keith Lucombe
REALTY ONE GROUP ADVANTAGE
Sold Price
$2,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$200,000
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 25, 2013
Sold by
Us Bank Na
Bought by
Funderso Eric and Heflin Erica

Purchase Details

Closed on
Jan 31, 2005
Sold by
521 Lutz Lake Fern Land Trust
Bought by
Young Tommy J and Young Belinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,365
Interest Rate
8.1%
Mortgage Type
Unknown

Purchase Details

Closed on
May 27, 2004
Sold by
Roberts John
Bought by
521 Lutz Lake Fern Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 2, 2002
Sold by
Dedmon Ryan R and Dedmon I
Bought by
Roberts John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2000
Sold by
Robert and Robert Dedmon C
Bought by
Dedmon Ryan R and Dedmon Patricia I
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
Ejakhe Properties Group Llc -- First American Title
Ogbekhilu Eddy T $375,000 Masterpiece Title
Funderso Eric $116,000 Genesis Title Company
Young Tommy J $166,700 Genesis Title Company
521 Lutz Lake Fern Land Trust $141,200 Fairview Title Company
Roberts John $175,000 --
Dedmon Ryan R $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ejakhe Properties Group Llc $218,000
Previous Owner Ogbekhilu Eddy T $200,000
Previous Owner Young Tommy J $158,365
Previous Owner 521 Lutz Lake Fern Land Trust $140,000
Previous Owner Dedmon Ryan R $157,500
Previous Owner Dedmon Ryan R $84,000
Previous Owner Dedmon Ryan R $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2022 04/17/22 Rented $2,800 0.0% --
03/12/2022 03/12/22 For Rent $2,800 0.0% --
03/08/2022 03/08/22 Sold $375,000 +7.1% $203 / Sq Ft View Prior Sale
02/06/2022 02/06/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $350,000 -- $189 / 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 $5,248 $276,049 $70,719 $205,330
2023 $4,753 $243,186 $61,643 $181,543
2022 $4,034 $295,856 $56,726 $239,130
2021 $3,318 $185,811 $38,947 $146,864
2020 $3,075 $178,991 $38,947 $140,044
2019 $2,826 $166,565 $38,947 $127,618
2018 $2,579 $148,790 $0 $0
2017 $2,298 $121,134 $0 $0
2016 $2,015 $92,295 $0 $0
2015 $2,162 $98,125 $0 $0
2014 $2,038 $92,034 $0 $0
2013 -- $99,365 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8155003

Stellar MLS

APN: U-11-27-18-ZZZ-000000-51990.0