NOT LISTED FOR SALE

7309 and 7311 N Hutton Place Tampa, FL 33604

Temple Crest Neighborhood
-- Bed
-- Bath
6,496 Sq Ft
5,900 Sq Ft Lot

Last Sold May 21, 2018

Last sale price $590,000 $91 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • Central Heating and Cooling System
  • Tankless Water Heater
  • Ceramic Tile Flooring
  • Garage

About This Home

As of May 2018

Excellent income opportunity, two adjacent quadplex buildings (7309 & 7311 Hutton Place) for a total of 8 units (all 2 bed / 1 bath), being sold as package. Units have ceramic tile floors throughout. Private parking for 2 cars per unit.

4 of the units are rented to Section 8 tenants with rents ranging from $840-$925/month. The remaining 4 units are rented to long-term tenants with rents at $700/month. Current contract gross income of $76,404/year for all 8 units. Attainable gross rents of $87,204/year. This affords a cap rate of 10.50% at a pro forma net annual income of $68,340 for the 8 units.

DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Rachel Phillips

UNKNOWN FIRM License #3304970 Listed on: 03/14/2018

Last Buyer's Agent

Ling Han

FUTURE HOME REALTY INC License #3323818

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1981

Lot Details

  • 5,900 Sq Ft Lot
  • Lot Dimensions are 50x118
  • Landscaped with Trees
  • Additional Parcels

Parking

  • Garage

Home Design

  • Quadruplex
  • Bi-Level Home
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,496 Sq Ft Home
  • Ceramic Tile Flooring
  • Range
  • Laundry in unit

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Temple Crest Unit 03 Subdivision

Building Details

  • Gross Income $76,404

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,388

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco
  • Living Area: 6496
  • Lot Size Acres: 0.14
  • New Construction: No
  • Year Built: 1981
  • Lease Term: 24 Months
  • Lot Size Sq Ft: 5900
  • Number Of Lots: 2
  • Directions to Property: From 275 & Busch Blvd go East on Busch, turn left or South on N 40th Street, turn right or West on Pine Tree Place, make 1st left or South on N Hutton Place, Property is on Left or East side.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2934511&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2934511&cview=true&show_results=true&customer_portal=true
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.90769
  • Price per Sq Ft: 90.83
  • Close to Original List Price Ratio: 1.81538
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Appliances Included: Range, Refrigerator, Tankless Water Heater
  • Levels: Two
  • Street Number Modifier: 7309 and 7311
  • Room Count: 1
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0218H

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: In Garage, None
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: Yes
  • Association Fee Requirement: None

Lot Info

  • Zoning: RM-24
  • Parcel Number: A-28-28-19-46B-000046-00008.0
  • Additional Parcels Description: A-28-28-19-46B-000046-00007.0
  • Additional Parcels: Yes
  • Lot Dimensions: 50x118
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 6367

Multi Family

  • Gross Income: 76404
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2388
  • Tax Block: 46
  • Tax Book Number: 10-63
  • Tax Lot: 8

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $590,000 -9.2% $91 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
03/19/2018 03/19/18 Price Changed $650,000 +100.0% $100 / Sq Ft
03/14/2018 03/14/18 For Sale $325,000 -- $50 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rachel Phillips

    UNKNOWN FIRM

    (239) 560-4235

    5 Total Sales

    Section Image
  • Ling Han

    Buyer's Agent in 2018

    Ling Han

    FUTURE HOME REALTY INC

    (727) 465-6925

    21 Total Sales

    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T2934511

Stellar MLS

Florida Hillsborough County Tampa 33604 Temple Crest

7309 and 7311 N Hutton Place, Tampa, FL

This home is located at 7309 and 7311 N Hutton Place, Tampa, FL 33604 since 14 March 2018. This property was built in 1981. 7309 and 7311 N Hutton Place is a home located in Hillsborough County with nearby schools including Kimbell Elementary School, Sligh Middle School, and Wharton High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes