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Lutz 33548 Lutz
408 Loch Devon DRIVE
$450,000
● House - Off Market

408 Loch Devon DRIVE

LUTZ, FL 33548
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,325 Ft²
$520,019
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

*OPEN TO ALL OFFERS - This home is a MUST SEE! From the second you drive up, you will feel at ease with the large, shaded lot and privacy fence. Once you walk in, you'll appreciate the open layout with the wide joining living rooms and centered kitchen, bringing everyone together. The living room features a beautiful ceramic tile fireplace and vaulted ceilings. The well-equipped kitchen has plenty of cabinets and two counter bars - perfect for cooking up a feast! And if that's not enough, this home comes complete with a $6000 Kinetica water system. You'll love spending time on the large screened lanai overlooking the oversized backyard - perfect for entertainment! Schedule your showing today! Check out our REAL FEEL 3D VIRTUAL TOUR HERE:

https://my.matterport.com/show/?m=39JPQzdPQEU&mls=1
Unit Size
2,325 Ft²
Days on Market
73 days
Land Size
0.49 acres
Price per sqft
$215
Property Type
House
Property Taxes
$351
HOA Dues
$25
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #U8169591)

Price History

Date / Event Date Event Price
Oct 3, 2022 Sold
Premium
Sold
Jul 11, 2022 Listed by REALTY ONE GROUP ADVANTAGE $500,000
Listed by REALTY ONE GROUP ADVANTAGE
Sep 13, 2017 Sold
Premium
Sold
Dec 6, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 24
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,903
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,220
  • Total Building Area: 2,766
  • Gross Building Area: 3,248
  • Building Area: 2,325
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,325
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOCH DEVON ESTATES
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOCH DEVON ESTATES LOT 12

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 011103

Zoning

  • Zoning: RSC-6

Geography

  • Assessors Map Reference: 72D
  • Subdivision Tract Number: JE
  • Parcel: 013716-9974
  • Lot: 12
  • Meridian: SEC 12 TWN 27S RNG 18E
  • Municipality: UNICORPORATED
  • Latitude: 28.1536
  • Longitude: -82.4659

    Address

  • Full Address: 408 Loch Devon Dr
  • Address - House Number: 408
  • Address - Street Name: Loch Devon
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Lutz
  • Carrier Code: R031
  • 4-Digit Zip Code: 4200
  • Zip Code: 33548

Valuation

    Tax

  • Total Area: 2,687
  • Tax Year: 2023
  • Tax Amount: $636,922
  • Tax Rate Code Area: U

    Appraisal Valuation

  • Standard Deviation: 0.1791
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 549,323
  • High Value: 647,709
  • Low Value: 450,937

    Market Valuation

  • Market Total Value: $370,861
  • Market Land Value: $105,682
  • Market Improvement Value: $265,179

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,861
  • Assessed Land Value: $105,682
  • Assessed Improvements Value: $265,179

    Sales

  • Current Sale Contract Date: Sep 22, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 466504
  • Previous Sale Recording Date: Sep 13, 2017
  • Previous Sale Contract Date: Aug 31, 2017
  • Previous Sale Amount: $283,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lutz

Stats & Trends

Median Asking:

$675,000

Sale Price/ft²

$276

Below Asking

0.03%

Average Days on Market

75

Average Home Size

3375 ft²

Average Home Age

27.5 years

Currently For Sale

73 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 19803 Reading Road, LUTZ, FL, 33558

$3,350 /mo

  • 2 Beds
  • 3 Baths
  • 1,664 ft²
19803 Reading Road, LUTZ, FL, 33558 Listing by Becky Slocum

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Austin Rankin
REALTY ONE GROUP ADVANTAGE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8169591
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 408 Loch Devon Drive built and last sold?
The property at 408 Loch Devon Drive was built in 1991 and last sold on Sep 22, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 408 Loch Devon Drive is $0.
What are some comparable homes to 408 Loch Devon Drive?
There are currently no comparable homes to 408 Loch Devon Drive.
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