NOT LISTED FOR SALE

8601 Old Lakeland Hwy Zephyrhills, FL 33540

Estimated Value: $163,960 - $213,000

3 Beds
1 Bath
1,104 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $64,000 $58 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,144/month

55 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Bungalow
  • No HOA
  • Separate Outdoor Workshop
  • Ceramic Tile Flooring

About This Home

As of March 2018

Income producing investment home with established rental income stream. Stable tenant is eager and willing to continue their tenancy. Currently the home generates $10,200 in annual gross revenue. Excellent return on investment rate. 3bed/1bath on .30 acre lot WITH AN ADDITIONAL LOT .13 ACRE LOT INCLUDED!. County documents on file verifying 2nd lot is buildable. 2nd lot would make a great site to install a 2nd home or a manufactured home. Existing lease in force until 8/25/2018. Both parcels are currently zoned C2 commercial with excellent future potential for convenient store site.

Last Agent to Sell the Property

Robert Welbourn

KELLER WILLIAMS RLTY NEW TAMPA License #3039822 Listed on: 01/17/2018

KELLER WILLIAMS RLTY NEW TAMPA

Last Buyer's Agent

Chris Young

KING & ASSOCIATES REAL ESTATE LLC License #3343311

KING & ASSOCIATES REAL ESTATE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $971

Year Built

  • Built in 1946

Lot Details

  • 0.43 Acre Lot
  • 2 Lots in the community
  • Additional Parcels
  • Land Lease expires 8/26/18
  • Property is zoned C2

Parking

  • Workshop in Garage

Home Design

  • Bungalow
  • Wood Frame Construction
  • Shingle Roof
  • Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Crawl Space
  • Range with Range Hood

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Richland Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$971

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1104
  • Lot Size Acres: 0.43
  • New Construction: No
  • Year Built: 1946
  • Building Area Total: 1104
  • Lot Size Sq Ft: 12949
  • Number Of Lots: 2
  • Directions to Property: Highway 98 to Right on Old Lakeland Rd to address.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=E2205646&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=E2205646&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.801
  • Price per Sq Ft: 57.97
  • Close to Original List Price Ratio: 0.801
  • Ratio: Current Price\Building Area Total: 57.97
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 8601
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Workshop
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12101C0295F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: C2
  • Parcel Number: 30-25-22-0010-00402-0040
  • Additional Parcels Description: 30-25-22-0010-00402-0010
  • Additional Parcels: Yes
  • Lot Features: In County
  • Flood Zone Code: X
  • Flood Zone Date: 2014-09-26
  • Zoning Compatible Y N: No
  • Land Lease Expiration Date: 2018-08-26
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Currency Monthly Rent Amt: 850

Tax Info

  • Tax Annual Amount: 971
  • Tax Block: 4
  • Tax Book Number: 1-19
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2012
Sold by
Kitchens Penny F
Bought by
Kitchens Penny F and The Revocable Living Trust Of Penny F Ki
Current Estimated Value
$196,320
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
Kitchens Penny F -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $64,000 -19.9% $58 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $79,900 -- $72 / 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 $1,240 $68,294 $49,186 $19,108
2024 $1,240 $66,522 $46,898 $19,624
2023 $1,086 $52,804 $33,396 $19,408
2022 $992 $51,269 $33,396 $17,873
2021 $977 $49,960 $33,396 $16,564
2020 $967 $49,706 $33,368 $16,338
2019 $974 $50,059 $33,368 $16,691
2018 $965 $49,698 $33,368 $16,330
2017 $971 $49,116 $33,368 $15,748
2016 $937 $48,837 $33,368 $15,469
2015 $952 $48,726 $33,368 $15,358
2014 $918 $48,137 $33,368 $14,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: E2205646

Stellar MLS

APN: 30-25-22-0010-00402-0040