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Sun City Center 33573
7302 Somerset Pond DRIVE
$540,000
● House - Off Market

7302 Somerset Pond DRIVE

RUSKIN, FL 33573
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,417 Ft²
$486,477
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Move In Ready!  Beautifully Updated 5 Bedroom Home in Wonderful Cypress Creek Community.  Open Floor Plan with Dining & Family Rooms Leading to Kitchen.  Upscale Finishes show in the Dining Room Chandelier, Oversize Ceiling Fan in the Living Room, Crown Molding Throughout, & Glass Tile Stair Risers.  Large Back Patio Overlooking Pond for Privacy & Relaxing.   Great Location, Stunning Resort-style Pool, Playground, Ball Field, Basketball Court, Dog Park, Outdoor Fitness Stations, & Walking Trails.  Short drive to EG Simmons Park and Little Manatee River State Park.  Beaches, Boating, Golf, Restaurants, & Shopping are nearby.  Located near I-75 and 301 for easy access to Tampa & Sarasota.  This Is Paradise!
Unit Size
3,417 Ft²
Days on Market
48 days
Land Size
0.11 acres
Price per sqft
$140
Property Type
House
Property Taxes
$606
HOA Dues
$57
Year Built
2014

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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 #U8153320)

Price History

Date / Event Date Event Price
Apr 21, 2022 Sold
Premium
Sold
Feb 26, 2022 Listed by FUTURE HOME REALTY INC $479,900
Listed by FUTURE HOME REALTY INC
Dec 28, 2021 Sold
Premium
Sold
Jul 28, 2020 Sold
Premium
Sold
Oct 9, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 21
  • Exterior Walls Type: 24
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 450
  • Total Building Area: 3,858
  • Gross Building Area: 4,196
  • Building Area: 3,417
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,417
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CYPRESS CREEK PHASE 3
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: CYPRESS CREEK PHASE 3 LOT 4 BLOCK 26

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 014007

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: BK 113 PG 292
  • Subdivision Phase Number: 3
  • Subdivision Tract Number: 9D0
  • Parcel: 054246-2626
  • Block: 26
  • Lot: 4
  • Meridian: SEC 35 TWN 31S RNG 19E
  • Municipality: UNICORPORATED
  • Latitude: 27.7452
  • Longitude: -82.3701

    Address

  • Full Address: 7302 Somerset Pond Dr
  • Address - House Number: 7302
  • Address - Street Name: Somerset Pond
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ruskin
  • Carrier Code: R011
  • 4-Digit Zip Code: 0128
  • Zip Code: 33573

Valuation

    Tax

  • Total Area: 3,543
  • Tax Year: 2023
  • Tax Amount: $863,641
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: U

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 520,665
  • High Value: 613,067
  • Low Value: 428,264

    Market Valuation

  • Market Total Value: $377,394
  • Market Land Value: $74,743
  • Market Improvement Value: $302,651

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,394
  • Assessed Land Value: $74,743
  • Assessed Improvements Value: $302,651

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 14, 2022
  • Current Sale Recording Date: Apr 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 206680
  • Previous Sale Recording Date: Dec 28, 2021
  • Previous Sale Contract Date: Dec 20, 2021
  • Previous Sale Amount: $325,400
  • Previous Sale Document Type: 69
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 Sun City Center

Stats & Trends

Median Asking:

$284,900

Sale Price/ft²

$165

Below Asking

0.04%

Average Days on Market

81

Average Home Size

1683 ft²

Average Home Age

31.1 years

Currently For Sale

367 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 8429 Hunters Fork Loop, SUN CITY CENTER, FL, 33573

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,330 ft²
8429 Hunters Fork Loop, SUN CITY CENTER, FL, 33573 Listing by Thomas Joseph

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Connie Beal
FUTURE HOME REALTY INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8153320
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 7302 Somerset Pond Drive built and last sold?
The property at 7302 Somerset Pond Drive was built in 2014 and last sold on Apr 14, 2022 for $540,000.
How much is this home worth?
The estimated value of the home located at 7302 Somerset Pond Drive is $0.
What are some comparable homes to 7302 Somerset Pond Drive?
There are currently no comparable homes to 7302 Somerset Pond Drive.
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