NOT LISTED FOR SALE

5505 State Road 674 Wimauma, FL 33598

Estimated Value: $509,000 - $672,000

4 Beds
1.5 Baths
1,783 Sq Ft
$324/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $340,000 $191 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,194/month

179 Days on Market

Highlights

  • 700 Feet of Waterfront
  • 2.84 Acre Lot
  • Mature Landscaping
  • Lake View
  • No HOA
  • Separate Outdoor Workshop

About This Home

As of January 2020

A RARE 2.84 ACRE fisherman's/boating PARADISE FRONTING on a 15 ACRE FISHING LAKE, next to 70 ACRE LAKE WIMAUMA - see pictures ~ 4 Bedrooms or 3 bedrooms & den (only 2 recorded bedrooms on county web-site), 1.5 Bathrooms, Living room, Kitchen (all stainless steel appliances), Pantry, Dining room, Large covered LANAI with AMAZING LAKE VIEW, Laundry, Front covered patio, Open back patio ~ LARGE SEPARATE WORKSHOP BUILDING WITH HIGH RAFTERS & ENGINE LIFT ~ FENCED-IN DOG RUN & KENNELS ~ Garden sheds ~ Public water & 2 Wells ~ Fishing boats (negotiable) ~ Owners who live around the 15 ACRE LAKE SAY IT HAS THE BEST FISHING ~ the adjacent 70 ACRE LAKE IS PERFECT FOR WATER SPORTS ~ No HOA restrictions - IDEAL PROPERTY FOR A HOME BUSINESS like a CAR REPAIR BUSINESS or a DOG BREEDING OR KENNEL BUSINESS ~ 85% of the property is dry & is in flood-zone X (never flooded) - see listing pictures ~ Currently zoned ASC-1 (one Single Family Home per acre, i.e. a 2ND SINGLE FAMILY HOME CAN BE BUILT HERE) ~ Future zoning is Residential-4 (four units per acre), i.e. 8 OR 9 UNITS COULD BE BUILT HERE = a huge future income potential ~ This property qualifies for a 100% USDA LOAN for the right income client ~ COMMERCIAL CONSIDERATION:- county future use carves out a commercial use for "COMPATIBLE PUBLIC, QUASI-PUBLIC & SPECIAL USES WILL BE ALLOWED" - any privately owned business for public use will not qualify - it would have to be either a county, state or federal venture.

Last Agent to Sell the Property

Smiley Papenfus

HOMETRUST REALTY GROUP EVOLUTION License #3147984 Listed on: 07/22/2019

HOMETRUST REALTY GROUP EVOLUTION

Last Buyer's Agent

Smiley Papenfus

HOMETRUST REALTY GROUP EVOLUTION License #3147984 Listed on: 07/22/2019

HOMETRUST REALTY GROUP EVOLUTION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,667

Year Built

  • Built in 1963

Lot Details

  • 2.84 Acre Lot
  • 700 Feet of Waterfront
  • Lake Front
  • Property fronts a lake that is connected to a chain of lakes
  • North Facing Home
  • Dog Run
  • Mature Landscaping
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned ASC-1

Home Design

  • Patio Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,783 Sq Ft Home
  • Terrazzo Flooring
  • Chain Of Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Access To Chain Of Lakes
  • Access To Lake
  • Screened Patio
  • Separate Outdoor Workshop
  • Shed
  • Front Porch

Schools

  • Wimauma Elementary School
  • Shields Middle School
  • Lennard High School

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Air
  • No Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Unplatted Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Homestead Exemption
  • Visit Down Payment Resource Website
  • Legal Lot and Block 079013 / 3
  • Assessor Parcel Number U-09-32-20-ZZZ-000003-21980.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,667

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Patio
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1783
  • Lot Size Acres: 2.84
  • New Construction: No
  • Year Built: 1963
  • Lot Size Sq Ft: 123710
  • Directions to Property: From Tampa take I-75 South - Sun City exit 93A - go East on 674 through Sun City toward Wimauma - cross 301 - property is about a ¾ mile further on the right-hand side - no sign.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3188185?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3188185?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 10+
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.86076
  • Price per Sq Ft: 190.69
  • Close to Original List Price Ratio: 0.86076
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 5505
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Kennel/Dog Run, Shed(s), Storage, Workshop
  • Exterior Features: Dog Run, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Wimauma
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake, Lake - Chain of Lakes
  • Water Access: Lake, Lake - Chain of Lakes
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0685H
  • Waterfront Frontage: 700
  • Water Frontage Feet Lake: 350
  • Additional Water Information: Cain of lakes - Lake 1 = 15 acres & lake 2 = 70 acres - see listing pictures & aerials
  • Water Frontage Feet Lake Chain: 350

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: None
  • Sewer: Septic Tank
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Wimauma-HB
  • High School: Lennard-HB
  • Middle Or Junior School: Shields-HB

Lot Info

  • Zoning: ASC-1
  • Parcel Number: U-09-32-20-ZZZ-000003-21980.0
  • Additional Parcels: No
  • Lot Features: In County, Oversized Lot, Zoned for Horses
  • Flood Zone Code: A,X
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: No pet restrictions - fenced off kennel & dog run
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1667
  • Tax Block: 3
  • Tax Book Number: SB01-39
  • Tax Lot: 079013

Multi Family

  • Waterfront Features: Lake, Lake - Chain of Lakes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jan 31, 2020
Sold by
Miller Carol
Bought by
South Hills Chruch Inc
Seller's Agent
Smiley Papenfus
HOMETRUST REALTY GROUP EVOLUTION
Buyer's Agent
Smiley Papenfus
HOMETRUST REALTY GROUP EVOLUTION
List Price
$395,000
Sold Price
$340,000
Premium/Discount to List
-$55,000
-13.92%
Total Days on Market
179
Current Estimated Value
$577,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,557
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Oct 22, 2004
Sold by
Baca Michael and Baca Margie
Bought by
Baca Michael and Baca Margie
Source: Public Records

Range of Values:

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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
South Hills Chruch Inc $340,000 North American Title Company
Baca Michael -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $340,000 -13.9% $191 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
07/22/2019 07/22/19 For Sale $395,000 -- $222 / 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 $564 $511,589 $333,460 $178,129
2023 $6,697 $421,133 $256,584 $164,549
2022 $6,065 $378,664 $228,112 $150,552
2021 $5,241 $268,722 $158,774 $109,948
2020 $1,867 $125,423 $0 $0
2019 $1,720 $119,409 $0 $0
2018 $1,667 $117,183 $0 $0
2017 $1,635 $180,125 $0 $0
2016 $1,607 $112,412 $0 $0
2015 $1,599 $111,631 $0 $0
2014 $1,599 $110,745 $0 $0
2013 $1,598 $109,108 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3188185

Stellar MLS

APN: U-09-32-20-ZZZ-000003-21980.0