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Temple Terrace 33617
8615 Grandview DRIVE
$320,000
● House - Off Market

8615 Grandview DRIVE

TEMPLE TERRACE, FL 33617
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,562 Ft²
$1,858
Est. Monthly
9.81%
Cap Rate

About This Property

A great opportunity to buy this well-kept 4 Bed/2 Bath, single-family home in Temple Terrace with over 1,500 sqft! New interior and exterior paint! Roof is approx 10 years and AC 5 years. Spacious kitchen with ample cabinetry and countertops. Nice floorplan with good-sized rooms. New LVT flooring in the main living areas. Large lot with plenty of room for enjoyment. Many bonus features such as 2 main living areas, mature landscaping, and ceiling fans to send you a cool breeze. Great location with easy access to everything you need. Don't make a decision without seeing this home first!
Unit Size
1,562 Ft²
Days on Market
41 days
Land Size
0.20 acres
Price per sqft
$205
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1955

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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 #T3535941)

Price History

Date / Event Date Event Price
Aug 1, 2024 Sold
Premium
Sold
Jul 8, 2024 In contract -
In contract
Jun 21, 2024 Listed by STRESS FREE PROPERT MGMT. INC. $319,500
Listed by STRESS FREE PROPERT MGMT. INC.
Jul 13, 2005 Sold
Premium
Sold
Oct 20, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 18
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 14
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,688
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,562
  • Gross Building Area: 1,670
  • Building Area: 1,562
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,562
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRANDVIEW ACRES UNIT NO 1
  • Land Acres: 0000000199
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: GRANDVIEW ACRES UNIT NO 1 LOT 5 BLOCK 2

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 010600

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 144
  • Subdivision Tract Number: 55Q
  • Parcel: 201371-0000
  • Block: 2
  • Lot: 5
  • Meridian: SEC 22 TWN 28S RNG 19E
  • Municipality: TEMPLE TEARRACE
  • Latitude: 28.028
  • Longitude: -82.3947

    Address

  • Full Address: 8615 Grandview Dr
  • Legal Unit: 1
  • Address - House Number: 8615
  • Address - Street Name: Grandview
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Temple Terrace
  • Carrier Code: C013
  • 4-Digit Zip Code: 7171
  • Zip Code: 33617

Valuation

    Tax

  • Total Area: 1,610
  • Tax Year: 2023
  • Tax Amount: $346,098
  • Tax Rate Code Area: TT

    Appraisal Valuation

  • Standard Deviation: 0.1936
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 321,812
  • High Value: 384,143
  • Low Value: 259,482

    Market Valuation

  • Market Total Value: $183,251
  • Market Land Value: $53,449
  • Market Improvement Value: $129,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,251
  • Assessed Land Value: $53,449
  • Assessed Improvements Value: $129,802

    Sales

  • Current Sale Contract Date: Jun 30, 2005
  • Current Sale Recording Date: Jul 13, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005306539
  • Previous Sale Recording Date: Oct 20, 2004
  • Previous Sale Contract Date: Oct 15, 2004
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Temple Terrace

Stats & Trends

Median Asking:

$385,000

Sale Price/ft²

$218

Below Asking

0.04%

Average Days on Market

76

Average Home Size

1650 ft²

Average Home Age

41.8 years

Currently For Sale

93 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 303 Saint Augustine Avenue, TEMPLE TERRACE, FL, 33617

$3,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,739 ft²
303 Saint Augustine Avenue, TEMPLE TERRACE, FL, 33617 Listing by Kylie Parks
Unit for rent at 3717 E Clifton Street, TAMPA, FL, 33610

$2,750 /mo

  • 3 Beds
  • 2 Baths
  • 1,611 ft²
3717 E Clifton Street, TAMPA, FL, 33610 Listing by Rina Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Jason Welch
STRESS FREE PROPERT MGMT. INC.
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# T3535941
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 8615 Grandview Drive built and last sold?
The property at 8615 Grandview Drive was built in 1955 and last sold on Jun 30, 2005 for $167,000.
How much is this home worth?
The estimated value of the home located at 8615 Grandview Drive is $323,723.
What are some comparable homes to 8615 Grandview Drive?
There are currently no comparable homes to 8615 Grandview Drive.
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