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8114 North Otis Avenue

8114 North Otis Avenue, Tampa, FL 33604
Sold Feb 15, 2021
$240,000
$235,653 by Homeowners Financial Group Usa
Mortgage Due Mar 01, 2051
Sold Feb 27, 2015
$136,900
$136,900 by Usaa Fsb
Mortgage Due Mar 01, 2045
8114 North Otis Avenue has been categorized by the local assessors in Tampa, FL as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2001. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8114 North Otis Avenue has 1,345 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 10,648 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mansion style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 120 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of asbestos shingle. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8114 North Otis Avenue sold most recently in Feb 11, 2021 for a total of $240,000. If you work out the math, that's approximately a cost of $178.44 per sqft. Before that, the property was also sold for $136,900 in Feb 20, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,074 in taxes each year. 8114 North Otis Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $246,229. If we break it down further, the land itself was valued at $84,840. Improvements to the property, however, were assessed at a total of $161,389. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Mansion
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 120
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,648
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,345
  • Gross Building Area: 1,475
  • Building Area: 1,345
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,345
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PURITY SPRINGS HEIGHTS NO 1
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PURITY SPRINGS HEIGHTS NO 1 LOT 26 BLOCK 2

Ownership

  • Current Owner : HIGGINS AUSTIN LLOYD
  • Previous Owner : ALVARISI JORGE LUIS
  • Previous Owner 2: ALVARISI MICHAEL
  • Owner Before Previous Owner: A+ PROPERTIES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 001300

Zoning

  • Zoning: RS-60

Geography

  • Assessors Map Reference: 91
  • Subdivision Tract Number: 3ES
  • Parcel: 100762-0000
  • Block: 2
  • Lot: 26
  • Meridian: SEC 25 TWN 28S RNG 18E
  • Municipality: TAMPA
  • Latitude: 28.0235
  • Longitude: -82.4662

    Address

  • Full Address: 8114 N Otis Ave
  • Address - House Number: 8114
  • Street Direction: N
  • Address - Street Name: Otis
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Tampa
  • Carrier Code: C032
  • 4-Digit Zip Code: 2906
  • Zip Code: 33604

Valuation

    Tax

  • Total Area: 1,377
  • Tax Year: 2023
  • Tax Amount: $4,074
  • Tax Rate Code Area: TA

    Appraisal Valuation

  • Standard Deviation: 0.1897
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 350,431
  • High Value: 416,916
  • Low Value: 283,945

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,653
  • First Open Lien Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • First Open Lien Mortgage Recording Date: Feb 15, 2021
  • First Open Lien Mortgage Loan Amount: $235,653
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $246,229
  • Market Land Value: $84,840
  • Market Improvement Value: $161,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $246,229
  • Assessed Land Value: $84,840
  • Assessed Improvements Value: $161,389

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 11, 2021
  • Current Sale Recording Date: Feb 15, 2021
  • Current Sale Transaction ID: 11820244873
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021075524
  • Previous Sale Recording Date: Feb 27, 2015
  • Previous Sale Contract Date: Feb 20, 2015
  • Previous Sale Amount: $136,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEOWNERS FINANCIAL GROUP USA
  • First Mortgage Transaction Date: Feb 15, 2021
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: USAA FSB
  • Previous Mortgage Transaction Date: Feb 27, 2015
  • Previous Mortgage Loan Amount: $136,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Mar 01, 2045

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Frequently Asked Questions

What neighborhood is 8114 North Otis Avenue located in?
The 8114 North Otis Avenue is a located in the neighborhood of Lowry Park Central in Northwest Tampa, Tampa.
What is the average sales price for listings in 8114 North Otis Avenue?
The average sales price for units in 8114 North Otis Avenue is $0 currently.

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