NOT LISTED FOR SALE

7428 Mead Dr Spring Hill, FL 34606

Estimated Value: $327,000 - $372,000

4 Beds
4 Baths
2,126 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $300,000 $141 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,282/month

14 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Combination Dining and Living Room
  • 2 Car Attached Garage

About This Home

As of October 2023

Are you looking for an Investment Opportunity in Spring Hill? This Duplex, located near the US-19 and Suncoast Parkway, is an opportunity to start or grow your income producing portfolio. This Duplex is located near Spring Hill Drive, which gives great access to Shopping, Healthcare and Activities. Nearby Hernando Beach also offers great boating, fishing and leisure activities. With each side of the Duplex having 2 Bedrooms, 2 Bathrooms, Combined Living and Dining Space with the attached Single Garage, this is an excellent opportunity for the budding or experienced Investor. Alternatively, this could be an opportunity to purchase, have your own home, and have an income producing opportunity right next door! Grow the potential in this Duplex and schedule your opportunity to view - Residents of the property are not to be disturbed.

Last Agent to Sell the Property

Paul Sturdgess-Hayes

DENNIS REALTY & INVESTMENT COR Brokerage Phone: 352-606-3911 License #3526915 Listed on: 09/14/2023

DENNIS REALTY & INVESTMENT COR

Last Buyer's Agent

Francis Ritchie

PEOPLE'S TRUST REALTY License #3493647

PEOPLE'S TRUST REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,005

Year Built

  • Built in 2002

Lot Details

  • 10,000

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,126 Sq Ft Home
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Private Mailbox

Additional Features

  • 10,000 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,822 Sq Ft Building
  • Spring Hill Un 3 Subdivision

Building Details

  • Gross Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,005

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2126
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 2822
  • Lot Size Sq Ft: 10000
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 262.17
  • Escrow City: Lutz
  • Escrow State: FL
  • Escrow Street Name: Land O' Lakes Blvd Suite 102
  • RATIO Current Price By Calculate: 141.11
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Living Room/Dining Room Combo
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Spa Yn: No
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 197.51

Exterior Features

  • Exterior Features: Lighting, Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12053C0303E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: PDP MF
  • Parcel Number: R32-323-17-5030-0153-0040
  • Additional Parcels: No
  • Flood Zone Code: X

Multi Family

  • Gross Income: 15600
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 4005
  • Tax Block: 153
  • Tax Book Number: 7-80
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 16, 2023
Sold by
Madison Exchange Llc
Bought by
Kamagra Abodes Fl Llc
Seller's Agent
Paul Sturdgess-Hayes
DENNIS REALTY & INVESTMENT COR
Buyer's Agent
Francis Ritchie
PEOPLE'S TRUST REALTY
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%
Views
37
Current Estimated Value
$346,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,461
Avg. Annual Appreciation
6.70%

Purchase Details

Closed on
Jan 14, 2005
Sold by
Rmk Realty Llc
Bought by
Kruses Rose M

Purchase Details

Closed on
Nov 16, 2001
Sold by
Cirrone Philip A and Cirrone Susan R
Bought by
Demarco Wayne O and Demarco Barbara M
Source: Public Records
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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
Kamagra Abodes Fl Llc $300,000 Arrow Title
Kruses Rose M -- --
Rmk Realty Llc $190,000 Alday Donalson Title Agencie
Demarco Wayne O $7,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold $300,000 -11.5% $141 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $339,000 -- $159 / 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
2025 $5,662 $302,450 $36,500 $265,950
2024 $4,584 $305,796 $36,500 $269,296
2023 $4,584 $172,409 $0 $0
2022 $4,005 $156,735 $0 $0
2021 $2,675 $192,012 $12,000 $180,012
2020 $3,295 $179,382 $11,500 $167,882
2019 $3,060 $148,866 $10,000 $138,866
2018 $1,906 $148,188 $9,500 $138,688
2017 $2,044 $97,320 $9,000 $88,320
2016 $1,951 $92,869 $0 $0
2015 $1,823 $84,426 $0 $0
2014 $1,816 $85,288 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8211343

Stellar MLS

APN: R32-323-17-5030-0153-0040