NOT LISTED FOR SALE

7364 Lagoon Rd Spring Hill, FL 34606

Estimated Value: $480,000 - $577,000

4 Beds
3 Baths
4,107 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $3,250 $1 Per Sq Ft

Est. 15,450% increase in value since last sale

Current estimated payment $3,280/month

127 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating
  • Cooling Available
  • Guest Parking

About This Home

As of November 2024

This is a fantastic opportunity. Former license ALF (assisted living facility). Was recently a 6 bed facility in a great location. The fire protection system in installed. The electrical backup system is place as well. New generator is required. (2) Two big items that will give the tenant a head start in getting the ALF up and running. Fully ADA compliant property so this is another item to get a running start on updates. This property can be easily relicensed thru the City and AHCA to get up and running. Needs a little TLC, but the big things have been updated. Don't miss this opportunity to be a business owner. No furnishings are included. Prior tenant removed anything that is not a part of the structure. All appliances are there as well.

Last Agent to Sell the Property

Leticia Renteria Factor

Conch Real Estate Group, LLC. License #3522494 Listed on: 07/01/2024

Last Buyer's Agent

Leticia Renteria Factor

Conch Real Estate Group, LLC. License #3522494 Listed on: 07/01/2024

Home Details

Home Type

  • Single Family

Lot Details

  • 0.43

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • Common or Shared Parking
  • Guest Parking
  • On-Street Parking
  • Open Parking

Utilities

  • Cooling Available
  • Central Heating
  • 200+ Amp Service

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Business Opportunity
  • Property Sub Type: Single Family Residence
  • Business Type: Business
  • Horses: No
  • Inclusions: Other Sale Includes
  • New Construction: No
  • Road Frontage Type: City Street
  • Structure Type: Free Standing, House
  • ResoPropertyType: BusinessOpportunity
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Floor
  • Possible Use: Investment

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: formerly the palms assist lvg.
  • Open Parking: Yes
  • Parking Features: Common, Guest, On Street
  • Total Parking Spaces: 4

Utilities

  • Water Source: Public
  • Cooling: Central Building A/C
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Heating: Central Electric, Central Building A/C
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: single family
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7461

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2006
Sold by
Britton David J and Traubert Charles
Bought by
Williams Janet D
Current Estimated Value
$505,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$172,901
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$343,921

Purchase Details

Closed on
Mar 23, 2006
Sold by
Mercedes Homes Inc
Bought by
Britton David J and Traubert Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,112
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 2004
Sold by
Luecke Billy J and Luecke Mary A
Bought by
Mercedes Homes Inc

Purchase Details

Closed on
Jun 1, 2000
Sold by
Rorke Cheryl Giangiulio and Giangiulio Cheryl
Bought by
Luecke Billy J and Luecke Mary A
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
Williams Janet D $330,000 Alday Donalson Title Agencie
Britton David J $265,200 B D R Title Corporation
Mercedes Homes Inc $28,000 B D R Title Corporation
Luecke Billy J $8,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Janet D $264,000
Previous Owner Britton David J $212,112
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2024 11/07/24 Sold $3,250 -27.8% $1 / Sq Ft
07/23/2024 07/23/24 Price Changed $4,500 -13.5% $1 / Sq Ft
07/02/2024 07/02/24 For Sale $5,200 -- $1 / Sq Ft
Source: MIAMI REALTORS® 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
2025 $7,874 $460,567 -- --
2024 $7,461 $418,697 -- --
2023 $7,461 $380,634 $0 $0
2022 $6,999 $346,031 $0 $0
2021 $5,971 $354,347 $13,890 $340,457
2020 $5,225 $325,306 $12,576 $312,730
2019 $4,990 $304,508 $12,013 $292,495
2018 $3,759 $256,278 $8,634 $247,644
2017 $3,772 $227,021 $10,699 $216,322
2016 $3,346 $195,325 $0 $0
2015 $3,212 $183,435 $0 $0
2014 $3,004 $172,233 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11617329

MIAMI REALTORS® MLS

APN: R32-323-17-5030-0142-0010