NOT LISTED FOR SALE

8723 Elmwood Ln Tampa, FL 33615

Estimated Value: $513,000 - $653,000

2 Beds
2 Baths
1,406 Sq Ft
$406/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $340,000 $242 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,727/month

46 Days on Market

Highlights

  • 15 Feet of Waterfront
  • Boat Ramp
  • Wood Flooring
  • Alonso High School Rated A
  • Canal View
  • Main Floor Primary Bedroom

About This Home

As of November 2018

You’ll love this charming, updated ranch style home on the water with your own private boat dock leading to Old Tampa Bay. This 2 bedroom, 2 bathroom home with a 2-car attached carport will give you 1,406 sq ft of bright and open space to move about and a worry free lifestyle due to all the recent upgrades done. The roof was replaced in 2013, screened in lanai added & new composite wood dock in 2017, reinforced sea wall installed in 2016. Recently remodeled kitchen & bathrooms including travertine tile, granite, 42” real wood cabinets and stainless steel appliances. Situated in a friendly community just minutes off the Veterans Expressway for easy access to Tampa, St. Petersburg and Clearwater- this central location is sure to be convenient for any lifestyle. Wake up each morning to awe-inspiring sunrises in the East and drift off to sleep each night with the tranquil sounds of the water. If you’re looking for a home that feels like an escape, we’d love to invite you to schedule a private tour today!

Last Agent to Sell the Property

Jinelsa Bonilla

FUTURE HOME REALTY INC License #3339423 Listed on: 09/13/2018

FUTURE HOME REALTY INC

Last Buyer's Agent

Martha Hernandez

TAMPA BAY ELITE HOMES, LLC License #3280070

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,275

Year Built

  • Built in 1963

Lot Details

  • 7,425 Sq Ft Lot
  • 15 Feet of Waterfront
  • Property fronts a saltwater canal
  • Fenced
  • Mature Landscaping
  • Property is zoned RSC-6

HOA Fees

  • HOA YN

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,406 Sq Ft Home
  • Ceiling Fan
  • Shades
  • Blinds
  • Sliding Doors
  • Canal Views
  • Attic

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Dock made with Composite Material
  • Covered Patio or Porch
  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Water Softener
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Bay Crest Park Unit 06 Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,275

Year Built

Built in 1963

Lot Details

0

HOA Fees

$1 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1406
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 2446
  • Lot Size Sq Ft: 7425
  • Directions to Property: From Memorial Highway turn left onto Bay Crest Drive, turn right onto Elmwood Lane and house will be on the right hand side.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3130328&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3130328&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97171
  • Price per Sq Ft: 241.82
  • Close to Original List Price Ratio: 0.90667
  • Ratio: Current Price\Building Area Total: 139
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Travertine, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Shades
  • Street Number Modifier: 8723
  • Room Count: 3
  • Additional Rooms: Attic
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Lighting, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Composite, Dock w/Electric, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12057C0327H
  • Waterfront Frontage: 15
  • Water Frontage Feet Canal Salt: 15
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp
  • Association Fee: 10
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 10
  • Monthly HOA Fee: 0.83
  • Total Monthly Fees: 0.83

Lot Info

  • Zoning: RSC-6
  • Parcel Number: U-02-29-17-0EV-A00000-00117.0
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 2275
  • Tax Block: A
  • Tax Book Number: 38-86
  • Tax Lot: 117

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Nov 30, 2018
Sold by
Olson Terry
Bought by
Salvador David S and Salvador Amanda R
Seller's Agent
Jinelsa Bonilla
FUTURE HOME REALTY INC
Buyer's Agent
Martha Hernandez
TAMPA BAY ELITE HOMES, LLC
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Current Estimated Value
$570,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,233
Avg. Annual Appreciation
7.90%
Original Mortgage
$323,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Olson Terry L and Roberts Laura L
Bought by
Olson Terry and Roberts Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.01%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Salvador David S $340,000 Brokers Title Of Tampa Llc
Olson Terry $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salvador David S $322,000
Closed Salvador David S $323,000
Previous Owner Olson Terry $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $340,000 -2.8% $242 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
10/12/2018 10/12/18 Price Changed $349,900 -2.8% $249 / Sq Ft
10/03/2018 10/03/18 Price Changed $359,900 -4.0% $256 / Sq Ft
09/13/2018 09/13/18 For Sale $375,000 -- $267 / 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 $8,260 $435,277 $236,250 $199,027
2023 $7,864 $413,485 $219,375 $194,110
2022 $4,693 $277,471 $0 $0
2021 $4,636 $269,389 $0 $0
2020 $4,514 $265,670 $0 $0
2019 $4,393 $259,697 $0 $0
2018 $2,352 $147,800 $0 $0
2017 $2,275 $232,082 $0 $0
2016 $2,242 $139,760 $0 $0
2015 $2,265 $138,788 $0 $0
2014 $2,240 $137,687 $0 $0
2013 -- $135,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3130328

Stellar MLS

APN: U-02-29-17-0EV-A00000-00117.0