For SaleRisky Deal112 days on market
1621 SPINNING WHEEL DRIVE
1621 SPINNING WHEEL DRIVE, LUTZ, FL 33559, Lutz, FL 33559
$388,000
Listing Price
1621 SPINNING WHEEL DRIVE, LUTZ, FL 33559
Loc: Lutz, FL
Days Listed
112
Tax Assessed
$324k
Lot Size
6,688 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Denham Oaks Elementary School
PK-5
0.2 mi away
6
Cypress Creek Middle School
6-8
8.1 mi away
5
Cypress Creek High School
9-12
8.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
suburbanstucco exteriortwo-storyattached garageconcrete drivewaygable roofarched windowresidentialsingle-family homevinyl fencingfront lawncontemporary style
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.97%
Total ROI
88.7%
Cash Flow
$-82/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-82/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Lutz
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-12 | Listed for sale | $388,000 | $232 |
| 2026-07-08 | Contingent | $367,500 | $220 |
| 2026-06-06 | Pending sale | $367,500 | $220 |
| 2026-06-04 | Listed for sale | $367,500 | $220 |
| 2023-07-06 | Sold | $435,000 | $260 |
| 2023-05-16 | Pending sale | $450,000 | $269 |
| 2023-04-27 | Listed for sale | $450,000 | $269 |
| 2018-04-30 | Sold | $260,000 | $156 |
| 2017-12-19 | Sold | $128,000 | $77 |
| 2016-12-22 | Listing removed | $119,973 | $72 |
| 2016-05-09 | Pending sale | $119,973 | $72 |
| 2016-05-09 | Listed for sale | $119,973 | $72 |
| 2015-04-16 | Listing removed | $129,973 | $78 |
| 2015-04-11 | Pending sale | $129,973 | $78 |
| 2015-04-02 | Listed for sale | $129,973 | $78 |
| 2014-06-13 | Listing removed | $106,892 | $64 |
| 2014-06-09 | Listed for sale | $106,892 | $64 |
| 2014-03-01 | Listing removed | $106,892 | $64 |
| 2013-09-19 | Price change | $106,892 | $64 |
| 2013-08-22 | Price change | $167,991 | $100 |
| 2013-08-21 | Listed for sale | $169,945 | $102 |
| 2003-11-03 | Sold | $160,000 | $96 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,963.49 | $323,847 |
| 2024 | $5,078.19 | $328,456 |
| 2023 | $2,917.56 | $323,219 |
| 2022 | $2,615.47 | $201,810 |
| 2021 | $2,561.54 | $190,240 |
| 2020 | $2,517.75 | $187,620 |
| 2019 | $2,470.87 | $183,405 |
| 2018 | $2,470.87 | $172,850 |
| 2017 | $2,305.81 | $162,144 |
| 2016 | $2,752.62 | $139,764 |
| 2015 | $2,414.9 | $134,243 |
| 2014 | $1,244.52 | $122,777 |
| 2013 | $0 | $105,320 |
| 2012 | $0 | $106,957 |
| 2011 | $0 | $119,973 |
| 2010 | $0 | $123,264 |
| 2009 | $0 | $141,063 |
| 2008 | $0 | $182,093 |
| 2007 | $0 | $204,852 |
| 2006 | $0 | $196,150 |
| 2005 | $0 | $144,950 |
| 2004 | $0 | $114,401 |
| 2003 | $0 | $114,622 |
| 2002 | $0 | $112,918 |
| 2000 | $0 | $93,840 |
| 1999 | $0 | $89,728 |
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