NOT LISTED FOR SALE

9409 Grandfield Rd Thonotosassa, FL 33592

8 Beds
4 Baths
2,268 Sq Ft
0.33 Acres

Last Sold December 29, 2022

Last sale price $500,000 $220 Per Sq Ft

137 Days on Market

Highlights

  • No HOA
  • Outdoor Storage
  • High Speed Internet
  • Mini Split Air Conditioners
  • Ceiling Fan
  • Heating System Mounted To A Wall or Window

About This Home

As of December 2022

2 INCOME PRODUCING DUPLEXES. This excellent property, located in an opportunity zone, features 2 duplex units. Each duplex contains two, 2 bedroom, 1 bathroom apartments at 567 sq ft each. This property is turnkey and fully occupied. This is being sold together with MLS #T3385626. Listing price does not include both listings. Average rents for #T3385684 & T3385626 must be sold as group, average rents of all 8 units is $1,205. This is a great opportunity to own an investment property with a healthy CAP rate! 3 of the 4 units have be renovated with new flooring, updated kitchens & bathrooms. Mini-splits recently installed in 3 of the 4 units. Rental rates have room to be increased, see attached Rentometer. See attachments for offering memorandum, expenses, return rates, surveys, etc.

Last Agent to Sell the Property

Amanda Fidler

CHARLES RUTENBERG REALTY INC License #3464842 Listed on: 07/14/2022

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Alan Thompson

LPT REALTY, LLC License #444146

LPT REALTY, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1972

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 101x141

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,268 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Mini Split Air Conditioners
  • Heating System Mounted To A Wall or Window
  • Well
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Terrace Highlands Subdivision

Building Details

  • Gross Income $60,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,372

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2268
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1972
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 14241
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3385684?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3385684?w=Customer
  • Unit Count: 4
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.86957
  • Price per Sq Ft: 220.46
  • Close to Original List Price Ratio: 0.5814
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available
  • Cooling: Mini-Split Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RDC-12
  • Parcel Number: U-18-28-20-25F-000031-00001.0
  • Additional Parcels: No
  • Lot Dimensions: 101x141
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 4840

Multi Family

  • Gross Income: 60060
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3371.79
  • Tax Block: 31
  • Tax Book Number: 22-67
  • Tax Lot: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2022 12/29/22 Sold $500,000 -13.0% $220 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
11/26/2022 11/26/22 Price Changed $575,000 +9.5% $254 / Sq Ft
11/25/2022 11/25/22 Price Changed $525,000 -19.2% $231 / Sq Ft
10/14/2022 10/14/22 Price Changed $650,000 -20.2% $287 / Sq Ft
08/23/2022 08/23/22 Price Changed $815,000 -5.2% $359 / Sq Ft
07/14/2022 07/14/22 For Sale $860,000 +152.9% $379 / Sq Ft
07/07/2021 07/07/21 Sold $340,000 -1.4% $150 / Sq Ft View Prior Sale
05/28/2021 05/28/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $345,000 -- $152 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Amanda Fidler

    CHARLES RUTENBERG REALTY INC

    (813) 469-0289

    2 in this area

    16 Total Sales

    Amanda Fidler
    Section Image
  • Alan Thompson

    Buyer's Agent in 2022

    Alan Thompson

    LPT REALTY, LLC

    (813) 684-9500

    2 in this area

    13 Total Sales

    Alan Thompson
    Section Image

  • T

    Seller's Agent in 2021

    Tanika Lynn

    Section Image

  • C

    Buyer's Agent in 2021

    Chant Karajian

    10 STARS PROPERTY MANAGEMENT LLC

    (866) 580-6402

    2 in this area

    56 Total Sales

    Chant Karajian
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3385684

Stellar MLS

APN: U18282025F000031000010

Florida Hillsborough County Thonotosassa 33592

9409 Grandfield Rd, Thonotosassa, FL

Not Listed for Sale

MultiFamily

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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