Neighborhood
7123 Spikerush Ct, Lakewood Ranch, FL 34202
3 beds · 3 baths · 2,042 sq ft · Lot: 8,808 sq ft · Single Family Home · Last Sold: $332K in 2016 · Built: 2000
Est. Value:
$452K
Est. Rent:
$3.5K/month

7123 Spikerush Ct Lakewood Ranch, FL 34202

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3 beds · 3 baths · 2,042 sq ft · Lot Size: 8,808 sq ft · Single Family Home · Riverwalk
Est. Property Value: $451,571

Owned for 5 - 10 YearsOwner Age 45 - 55

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7123 Spikerush Ct is in the Riverwalk neighborhood of Lakewood Ranch, FL. It is located in Manatee County and ZIP code 34202. This Single Family Home was built in 2000 and is approximately 25 years old. The single family home spans 2042 sq ft with 3 bedrooms and 3 bathrooms and sits on a 8808 sq ft lot. According to public records, it was last sold in 2016 for $332,000 and has a tax-assessed value of $457,765, which is $221 per sq ft. The Riverwalk area of Lakewood Ranch has 189 residential homes with an average size of 2029 sq ft. Analyze and compare real estate investment strategies for properties like this home at 7123 Spikerush Ct Lakewood Ranch, FL 34202 with Property Intel by Whitepages.

Investment Potential for 7123 Spikerush Ct

The property has a current estimated value of $451,571, which is 8% above the neighborhood median, based on public records. It last sold on May 16, 2016 for $332K. Projected long-term
is $42,000 annually ($3,500 per month) with a 81% occupancy rate.

Discover more Single Family Homes in Riverwalk.
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Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
81%in 34202 zip code
 
View Rental Potential

Owners & Occupancy for 7123 Spikerush Ct

This property is owned by Jeremy Q Heer. Owner contact information includes 7 phone numbers and 5 email addresses.

Property Owners

Cell Phone(614) ***-****View Cell Phone
Residence******************
Landline(620) 223-5838
Distance from Property**********
Email Address*************@hotmail.comView Email

OccupationMedical Scribe, Nuance Communications
Cell Phone(614) ***-****View Cell Phone
Residence******************
Landline(940) 682-4519
Distance from Property**********
Email Address******@gmail.comView Email
View All Owner Info

Property Ownership Information

Purchase DateMay 16, 2016
Property Tax Amount$7,667 in 2024
Purchase Price$332,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1*********** age 25
Resident 2************* age 53
Resident 3************** age 57
Resident 4************** age 55
Resident 5******************** age 55

Property Details for 7123 Spikerush Ct

Property Details

Property Sq Ft

Living Area

2,042 sq ft

1% above market

Lot Size

8,808 sq ft

5% above market

Price Per Sq Ft

Living Area

$221 / sq ft

7% above market

Lot Size Area

$51 / sq ft

3% below market

Property condition, age, exterior, etc. for 7123 Spike…
Longitude: -82.424966 Latitude: 27.414067 Parcel Number (APN): 5872-0505-9…
Mortgage originated on through lender: Amerisave Mtg Corp for$******View Mortgage Details
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Market Benchmarks

Compare data for 7123 Spikerush Ct in Manatee County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$451,571
$352,849
$98,722 (28%)
$******
$469,783
$163,313 (35%)
YoY Price Change
****%
1.8%
-189%
Year Built
2000
1990
10 years
Living Space
2,042 sq ft
1,630 sq ft
412 (25%)
$ Per Living Sq Ft
$221
$217
$4 (2%)
Lot Size
8,808 sq ft
9,599 sq ft
-791 (-8%)
$ Per Lot Sq Ft
$51
$40
$11 (27%)

Net Operating Income
$*****
$19,987
$5,434 (27%)
Annual Revenue
$42,000
$29,400
$12,600 (43%)
$*****
$9,588
$6,991 (73%)
Net Operating Income
$*****
$19,987
$5,434 (27%)
Cap Rate
****%
5.67%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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