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Spring Hill 34609 Spring Hill
5162 Springwood ROAD
$263,500
● House - Off Market

5162 Springwood ROAD

SPRING HILL, FL 34609
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,062 Ft²
$243,188
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

One or more photo(s) has been virtually staged. Welcome to your new home. Move in ready fully updated home. This beautiful 2 bedroom 2 bathroom home has a lot to offer including a freshly painted interior, tile floors and a large living room with a separate dinning area near the sliding doors at the rear of the property. Bedrooms are located on either side of the property for a split plan..Guest bathroom is located near second bedroom and Master Bath is in the Master Bedroom. The master bedroom  also benefits from a very spacious walk in closet. The fully updated kitchen features granite countertops and  is nestled to the rear of the home with access to the private garage. Perfect home for first time buyers!
Unit Size
1,062 Ft²
Days on Market
45 days
Land Size
0.18 acres
Price per sqft
$226
Property Type
House
Property Taxes
$152
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #T3359989)

Price History

Date / Event Date Event Price
May 5, 2022 Sold
Premium
Sold
Mar 11, 2022 Listed by RE/MAX REALTEC GROUP INC $239,900
Listed by RE/MAX REALTEC GROUP INC
Jul 10, 2017 Sold
Premium
Sold
Feb 18, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 16
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 338
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,460
  • Gross Building Area: 1,460
  • Building Area: 1,062
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,062
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING HILL UNIT 18 1ST REP
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 01
  • Legal Description 1: SPRING HILL UNIT 18 REPLAT BLK 1809 LOT 25

Neighborhood

  • School District Name: Hernando County School District
  • School Tax School District: 1,36,48,99
  • Census Tract: 041006

Geography

  • Assessors Map Reference: MAP: 52C
  • Account Number: 00769957
  • Parcel: R32-323-17-5181-1809-0250
  • Block: 1809
  • Lot: 25
  • Meridian: SEC 32 TWN 23S RNG 17E
  • Municipality: HILLSBOROUGH BASIN EMS
  • Latitude: 28.505
  • Longitude: -82.5151

    Address

  • Full Address: 5162 Springwood Rd
  • Address - House Number: 5162
  • Address - Street Name: Springwood
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Spring Hill
  • Carrier Code: R107
  • 4-Digit Zip Code: 1749
  • Zip Code: 34609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $215,072
  • Tax Rate Code Area: CW-ES

    Appraisal Valuation

  • Standard Deviation: 0.2139
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 233,866
  • High Value: 283,893
  • Low Value: 183,839

    Market Valuation

  • Market Total Value: $130,961
  • Market Land Value: $26,000
  • Market Improvement Value: $104,961

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,961
  • Assessed Land Value: $26,000
  • Assessed Improvements Value: $104,961

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35023
  • Previous Sale Recording Date: Jul 10, 2017
  • Previous Sale Contract Date: Jun 30, 2017
  • Previous Sale Amount: $105,000
  • 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 Spring Hill

Stats & Trends

Median Asking:

$318,444

Sale Price/ft²

$190

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1895 ft²

Average Home Age

27.3 years

Currently For Sale

813 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 10440 Grimes Street, SPRING HILL, FL, 34608

$1,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,392 ft²
10440 Grimes Street, SPRING HILL, FL, 34608 Listing by Pamela Jackson
Unit for rent at 5330 Springwood Road, SPRING HILL, FL, 34609

$1,625 /mo

  • 2 Beds
  • 1 Bath
  • 920 ft²
5330 Springwood Road, SPRING HILL, FL, 34609 Listing by Adele Poston

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Daniel McGraw
RE/MAX REALTEC GROUP INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# T3359989
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 5162 Springwood Road built and last sold?
The property at 5162 Springwood Road was built in 1980 and last sold on Apr 20, 2022 for $259,000.
How much is this home worth?
The estimated value of the home located at 5162 Springwood Road is $0.
What are some comparable homes to 5162 Springwood Road?
There are currently no comparable homes to 5162 Springwood Road.
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