Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

14512 Thornfield Ct Tampa, FL 33624

4 Beds 3 Baths 2,497 sqft Built 1987

$450,000

List Price

$2,290

$2.1K - $2.5K

Rent Est.

PROPERTY INFO

November 16, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $180.22
  • 7 Days on Market
  • MLS # : T3276359
  • Updated Date : 11/19/2020 at 07:22
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,497 sqft
  • Baths : 3 full
Listing Agent

Bhhs Florida Properties Group

Listing Agent's Description

Welcome to 14512 Thornfield Court! This move-in ready POOL home is located on a quiet cul-de-sac in the highly sought after Carrollwood Village! This home includes 4 bedrooms + a loft and 3 full bathrooms. It boasts tons of natural light, high vaulted ceilings and an open floor plan perfect for entertaining with friends and family. Enjoy cozying up to the fireplace in the family room which flows effortlessly into the kitchen and eating space. The kitchen area includes French doors that lead out to the expansive pool lanai and fully fenced in backyard. The master suite is located on the first floor and features high ceilings, ample natural light, a walk-in closet, and french doors that walk out to the beautiful pool. The ensuite master bathroom has a large tub, double sink vanities and walk in shower. Upstairs you will find an overly spacious loft area that can be used as a 2nd family room, office or flex space. Recent improvements include: wood and tile flooring, interior paint, granite, newly installed smart light bulbs, switches and thermostat, newly installed outdoor deck lighting, outdoor security cameras and is set up for ADT Security. You will fall in love with Carrollwood Village! There is a community park with playgrounds, a dog park, splash pad, pavilions, trails, outdoor exercise stations, fishing, and covered picnic areas. You will also find shopping, dining, entertainment, a premier members-only country club and a championship golf course. It is conveniently located to highways and is only 15 minutes to Tampa International Airport and 20 minutes to downtown Tampa. Schedule your showing today! This home is priced to sell and designed to inspire! Offering a 1 year home warranty to buyer!

SEE MORE

MARKET HIGHLIGHTS

  • Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)
  • Headquarters to several Fortune 1000 companies: Publix Super Markets, Tech Data, Jabil Circuit, WellCare Health Plans, Raymond James Financial, Bloomin’ Brands, HSN, and TECO Energy (Fortune, 2018)
  • #8 in America's Fastest Growing Cities (Forbes, 2018)
  • Tampa metro employment growth is at 2.6% and predicted to grow at 2.1% in 2019 (USMayors.org, 2018)
  • One of the best cost-friendly American cities to do business (KPMG)
  • Tampa metro contributes to 15.4% of Florida state economy i.e. Gross State Product (USMayors.org, 2018)
  • #2 in Homebuilding Prospects #10 in Overall Real Estate Prospects (Emerging Trends in Real Estate 2019, PWC)
  • 2nd Best City for Young Entrepreneurs (Forbes)
  • Florida state ranks 4th most favorable in the country in State Business Tax Climate Index (Tax Foundation, 2019). Tampa inherits the rank being part of Florida.

PRICE & RENT TRENDS

Neighborhood: Carrollwood Village

NeighborhoodNIR Market*CityMarket2010Year20002019100k120k140k160k180k200k220k240k260k280k300k320k340k360k380kPrice in $85k382k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Carrollwood Village

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2100012001400160018002000220024002600Rent in $9052651

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Carrollwood Elementary School Primary Regular 796 63 6
Adams Middle School Middle Regular 1,017 75 2
Chamberlain High School High Regular 1,772 98 4

Carrollwood Elementary School

  • Education Level: Primary
  • # of students: 796
  • # of teachers: 63
6
GreatSchools Rating

Adams Middle School

  • Education Level: Middle
  • # of students: 1,017
  • # of teachers: 75
2
GreatSchools Rating

Chamberlain High School

  • Education Level: High
  • # of students: 1,772
  • # of teachers: 98
4
GreatSchools Rating
 

$405,000$495,000$450,000

PURCHASE PRICE

$2,061$2,519$2,290

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,290
EXPENSES Loan Payment -$1,660
Property Tax -$553
Property Insurance -$181
HOA -$55
Property Management Fees -$80
CASH FLOW
-$239

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.

$450,000

PROJECTED PRICE

$2,290

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 4.27%
Appreciation Year (1-5) 5.3%
Maintenance Year (1-5) 8.00%
Vacancy 5.26%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k$15k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$125,000

INVESTMENT

$125,000

Down Payment
$112,500
Rehab Estimate
$5,750
Closing Costs
$6,750

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,660

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $112,500
Loan Amount $337,500
See What Happens When You Reinvest Cash Flow

3.5

YEARS SAVED

$16,394

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,290

    LIST RENT
  • $0.92

    LIST RENT PER SQFT
  • $2,235

    COMP ESTIMATED VALUE
  • $0.9

    COMP AVG. RENT PER SQFT
Comps Range
$1,950
1$1,9502$2,0003$2,0954$2,1505$2,290
$2,290
RENT COMPS ANALYSIS
  • 14512 Thornfield Ct Tampa, FL 5
    • 4 beds 3 baths ∙ 2,497 Sqft ∙ Built 1987 4 beds 3 baths ∙ 2,497 Sqft ∙ Built 1987
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,290
    • $0.92
    •  
  • 15303 Lake Bella Vista Dr Tampa, FL 1
    • 4 beds 3 baths ∙ 2,216 Sqft ∙ Built 2003 4 beds 3 baths ∙ 2,216 Sqft ∙ Built 2003
    property image
    LEASED 09/04/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,950
    • $0.88
    •  
  • 14011 Wolcott Dr Tampa, FL 2
    • 4 beds 2 baths ∙ 2,316 Sqft ∙ Built 1981 4 beds 2 baths ∙ 2,316 Sqft ∙ Built 1981
    property image
    LEASED 01/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,000
    • $0.86
    •  
  • 4104 Woodacre Ln Tampa, FL 3
    • 3 beds 2 baths ∙ 2,295 Sqft ∙ Built 2004 3 beds 2 baths ∙ 2,295 Sqft ∙ Built 2004
    property image
    LEASED 01/02/20
    • Rent
    • Rent Per SQFT
    •  
    • $2,095
    • $0.91
    •  
  • 14164 Fennsbury Dr Tampa, FL 4
    • 3 beds 2 baths ∙ 2,307 Sqft ∙ Built 1984 3 beds 2 baths ∙ 2,307 Sqft ∙ Built 1984
    property image
    LEASED 09/09/19
    • Rent
    • Rent Per SQFT
    •  
    • $2,150
    • $0.93
    •  
PROPERTY LISTING DETAILS
Alex Andrews
1.813.541.3626
Bhhs Florida Properties Group
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: T3276359
Last Updated: 11/19/2020
BESbswy