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Key Details
Sold Price $330,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,154 sqft
Price per Sqft $153
Subdivision Unplatted
MLS Listing ID A4550442
Sold Date 11/28/22
Bedrooms 5
Full Baths 2
Half Baths 1
Construction Status Financing
HOA Y/N No
Originating Board Stellar MLS
Year Built 1963
Annual Tax Amount $4,445
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 100x150
Property Description
MULTIPLE OFFERS received on this wonderful opportunity! If you could find a large fenced-in property with a MOTHER IN LAW SUITE and income potential in the Tampa area, with NO HOA or CDD, and a DOUBLE WIDE LOT, with plenty of room to add on to the property, and make your updates and changes the way you want, would you invest in it? Or you can build another home on the other side of the lot, and utilize the current fenced in compound for privacy for you and your family, make it a primary residence, homestead it, and save a ton of money on your taxes! Here's your chance! Priced below similar sized neighborhood SOLD newer properties ($415K-$430K), Zestimate, and below appraised value, you can get into this Tampa area home for sale in Lutz with a detached mother in law suite / accessory dwelling unit without breaking the bank, and leaving plenty of money leftover for you to put on your finishing cosmetic touches throughout the property (estimates for updating kitchen, bathrooms, windows, and painting range from $35-$40K or do it yourself for less). Two neighbors sold SMALLER size 3 bedroom 2 bathroom homes, 1,100-1,600 square feet, with NO mother in law suite, NOT on double wide frontage lots, and NOT updated, for $350K-$356K. Neighborhood has new construction homes without double lot and mother in law suite being built ($415K-$430K+) and there are many updated homes nearby, which are all strong signs to add value to the area in the coming years for your LONG TERM INVESTMENT, appreciation, and cash flowing potential. Others properties on Airbnb nearby are currently generating in the range of $50-$100 per day for cottages and guest houses. So you have plenty of upsides potential with just renting your mother in law suite to cover your expenses for the entire property, or rent the entire property and build on the additional land, to generate even more income! Minimize out of pocket expenses while putting on your finishing cosmetic touches inside and out of the home, including activating the above ground POOL again that you can keep with some attention, or remove and give away. We can share several local reasonable vendors to assist you with your goals, without breaking the bank. The home has beautiful NEWER high end commercial grade tile floor (2022), NEWER air conditioning and ducts (2022), NEWER well pump (Dec 2021), NEWER septic and drain field (2022), roof with plenty of life and up to 10+ years more on it (2013), with stainless appliances staying included in the purchase such as washer, dryer, refrigerator, dishwasher, water heater, and a MASSIVE 320 square foot SCREENED PORCH for enjoying the perfect weather we are currently having through the fall and warm Florida winters. Call or text now to schedule your tour and submit your offers as soon as possible before this amazing opportunity goes to a new owner as we approach season and many folks are looking to come to Florida to move into a home and rental as soon as possible! The property is centrally located to the Tampa Bay region and approximately 12-30 miles to Downtown Tampa, Tampa International Airport, and some of the nicest beaches in the country including Clearwater Beach! Buyer and Buyer agents to verify all information and room dimensions which may be reliable but not guaranteed.
Location
State FL
County Hillsborough
Community Unplatted
Zoning RSC-6
Interior
Interior Features Ceiling Fans(s), Master Bedroom Main Floor
Heating Central, Electric
Cooling Central Air
Flooring Tile, Wood
Fireplace false
Appliance Built-In Oven, Dishwasher, Dryer, Refrigerator, Washer
Exterior
Exterior Feature Fence
Utilities Available Electricity Connected, Water Connected
Roof Type Shingle
Attached Garage false
Garage false
Private Pool No
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Well
Structure Type Block
New Construction false
Construction Status Financing
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with LPT REALTY