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8118 Pelican Reed Cir

Wesley Chapel, FL 33545

4 bd 3 ba 2,260 sqft Built 2019 Lot 4,680 sqft single_family
Most recent sale
$501,000
Apr 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 18, 2024 Sold $406,700 StellarMLS
Mar 20, 2024 Listed $429,900 StellarMLS
Apr 23, 2022 Sold $501,000 MLS #T3361695
Mar 30, 2022 Listed $505,000 MLS #T3361695
Oct 1, 2019 Sold $272,500 Public Record
Apr 5, 2019 Sold $250,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $274,863 $62,057 $336,920 $7,673
2023 $309,544 $39,406 $348,950 $8,283
2022 $269,830 $6,823
2021 $207,112 $38,189 $245,301 $5,983
2020 $198,115 $34,164 $232,279 $5,779
2019 $42,822 $42,822 $2,553
2018 $2,246 $2,246 $36

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,260 sqft
Lot size
4,680 sqft
ZIP code
33545
City
Wesley Chapel
Street
Pelican Reed Cir
Coordinates
28.27353, -82.30141

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,181
Gross rental yield
10.01%
Implied cap rate
6.51%
Trend-extrapolated value

Frequently asked questions

When did 8118 Pelican Reed Cir last sell?
8118 Pelican Reed Cir most recently sold on Apr 23, 2022 for $501,000.
What is the current tax assessment for 8118 Pelican Reed Cir?
The most recent total assessment for 8118 Pelican Reed Cir (year 2025) is $336,920 with $7,673 in property tax.
How does 8118 Pelican Reed Cir's assessment compare to its last sale price?
The current assessment is 32.8% below the last sale price of $501,000.
When was 8118 Pelican Reed Cir built?
8118 Pelican Reed Cir was built in 2019.
How does 8118 Pelican Reed Cir compare to others on Pelican Reed Cir?
We track 8 other properties on Pelican Reed Cir. Browse the list under "Other properties on Pelican Reed Cir" to compare beds, baths, and sale history.
What are the property facts for 8118 Pelican Reed Cir?
8118 Pelican Reed Cir is a 4 bed, 3 bath, 2,260 sqft, 4,680 sqft lot single_family.
Is 8118 Pelican Reed Cir a flip candidate?
No — 8118 Pelican Reed Cir does not appear in our flips dataset.
Is 8118 Pelican Reed Cir a tax-appeal candidate?
No — 8118 Pelican Reed Cir is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.0%
2026 Q3
$522.7K
2026 Q4
$515.6K
ZIP 33545 — Median Price History + Forecast

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