NOT LISTED FOR SALE

7445 S 12th Ave Tampa, FL 33619

Great Palm River Point Neighborhood

Estimated Value: $526,426

-- Bed
-- Bath
3,807 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $335,000 $88 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,325/month

135 Days on Market

Highlights

  • 1.11 Acre Lot
  • Corner Lot
  • Awning
  • Bloomingdale High School Rated A
  • No HOA
  • Central Heating and Cooling System

About This Home

As of December 2020

INCREDIBLE Investment opportunity with this multi functional property located in a rapidly growing area of south Tampa! Zoned as multifamily property for up to 6 units, the opportunities are limitless for potential expansion! The property was previously used as a daycare and is still setup as one, with multiple classrooms, an enormous play area, large circular driveway, and wonderful classroom space! Aside from the main building, there is also an additional building at the rear of the property for added living space, as well as several storage buildings throughout. There is also great potential for commercial zoning, to even further open up the opportunities! With over 1 acre of land, this is a rare find in the area, so schedule your private showing today!

Last Agent to Sell the Property

Adam Smith

REMAX EXPERTS License #3330278 Listed on: 07/03/2020

REMAX EXPERTS

Last Buyer's Agent

Johnny Redondo

JOHNNY N. REDONDO & ASSOC.LLC. License #545569

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1958

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 100x483
  • Fenced
  • Corner Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,807 Sq Ft Home
  • Awning

Parking

  • Open Parking
  • Off-Street Parking

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 4,479 Sq Ft Building
  • South Tampa Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,258

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3807
  • Lot Size Acres: 1.11
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 4479
  • Lot Size Sq Ft: 48352
  • Number Of Lots: 1
  • Status: Sold
  • Street Post Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4916670?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4916670?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95742
  • Price per Sq Ft: 88
  • Close to Original List Price Ratio: 0.85919
  • Ratio: Current Price\Building Area Total: 74.79
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Levels: One
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Awning(s), Fenced, Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12057C0386
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Off Street, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: RMC-6
  • Parcel Number: U-26-29-19-663-000001-54620.0
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot
  • Lot Dimensions: 100x483
  • Flood Zone Code: X
  • Flood Zone Date: 2013-09-27

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3258
  • Tax Block: 1
  • Tax Book Number: 6-3
  • Tax Lot: 546200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Dec 23, 2020
Sold by
A Circle Of Children Inc
Bought by
Hernandez Rafael and Ramirez Yvette
Seller's Agent
Adam Smith
REMAX EXPERTS
Buyer's Agent
Johnny Redondo
JOHNNY N. REDONDO & ASSOC.LLC.
List Price
$389,900
Sold Price
$335,000
Premium/Discount to List
-$54,900
-14.08%
Current Estimated Value
$526,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,426
Avg. Annual Appreciation
9.68%
Original Mortgage
$67,000
Outstanding Balance
$59,787
Interest Rate
2.7%
Estimated Equity
$464,582

Purchase Details

Closed on
Dec 28, 2016
Sold by
Champlons For Chiders Inc
Bought by
A Circle Of Chridlers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,700
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 8, 1999
Sold by
Davidson Charles T and Davidson M
Bought by
Child Abuse Councile Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$856,000
Interest Rate
6.9%
Mortgage Type
Commercial
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
Hernandez Rafael $335,000 Sunbelt Title Agency
A Circle Of Chridlers Inc $175,000 Bay National Title Co
Child Abuse Councile Inc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Rafael $67,000
Open Hernandez Rafael $280,060
Previous Owner A Circle Of Chridlers Inc $277,700
Previous Owner Child Abuse Councile Inc $856,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $335,000 -4.3% $88 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/01/2020 10/01/20 Price Changed $349,900 -7.9% $92 / Sq Ft
08/04/2020 08/04/20 Price Changed $379,900 -2.6% $100 / Sq Ft
07/03/2020 07/03/20 For Sale $389,900 -- $102 / 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 $6,839 $397,800 $73,260 $324,540
2023 $6,323 $375,353 $66,600 $308,753
2022 $5,774 $339,505 $54,945 $284,560
2021 $5,285 $288,877 $46,065 $242,812
2020 $3,172 $169,523 $42,735 $126,788
2019 $3,258 $172,581 $38,850 $133,731
2018 $3,157 $162,966 $0 $0
2017 $3,041 $155,685 $0 $0
2016 $103 $142,954 $0 $0
2015 $118 $134,197 $0 $0
2014 $59 $129,266 $0 $0
2013 -- $129,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Smith

    Seller's Agent in 2020

    Adam Smith

    RE/MAX

    (863) 781-5075

    1 in this area

    189 Total Sales

    Adam Smith
    Section Image

  • J

    Buyer's Agent in 2020

    Johnny Redondo

    JOHNNY N. REDONDO & ASSOC.LLC.

    (813) 215-3996

    1 in this area

    19 Total Sales

    Johnny Redondo
    Section Image
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Map

Source: Stellar MLS

MLS Number: L4916670

Stellar MLS

APN: U-26-29-19-663-000001-54620.0

Florida Hillsborough County Tampa 33619 Great Palm River Point

7445 S 12th Ave, Tampa, FL

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

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