Mulrennan Groves North Unit 02
Homes for Sale in Valrico, FL

Community in Valrico · Hillsborough County
234 homesBuilt 1985–1996
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Built fromLive Stellar MLS data12 years of closingsFL DOR public recordsUpdated twice daily
Live · Mulrennan Groves North Unit 02 Housing Pulse Stellar MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 8,500+ transactions · Top 1% in Florida (RealTrends)
Tempo
1
Sold · last 12 mo
10-yr average: about 2 a year
Ownership and context
70%
Owner-occupied · Mulrennan Groves North Unit 02
164 of 234 parcels homesteaded (FL DOR 2025)
30%
Non-owner-occupied · Mulrennan Groves North Unit 02
incl. 13% trust or LLC-held · 12% out-of-state
9%
Cash buyers · Mulrennan Groves North Unit 02
1 of 11 sales, 12 mo ending June 2019
234
Homes in the community
234 residential parcels (FL DOR 2025)
Track record · 12 years of records
Est. 1985
Community established
homes built 1985-1996, median 1987 (FL DOR 2025)
0
Failed listings · 2017
peaked at 2 in 2017
0.4%/yr
Turnover rate
about 1 of 234 homes trade a year
Jon Brooks, founder of Momentum Realty
Jon's Current Read

This is a mature, mid-1980s to mid-1990s subdivision in Valrico, and price here is driven by condition and updates rather than by square footage. With a median living area around 1,565 square feet and homes built between 1985 and 1995, the stock is consistent enough that a renovated interior or dated one is what separates one closing from the next. Expect a wide spread on price that tracks how much work a given house needs.

With 181 homes and roughly 69% carrying a homestead exemption, this is a settled, owner-occupied pocket where turnover is measured, not frantic. That means fewer listings at any given time and less day-to-day noise in the comps. Sellers should price to recent, genuinely comparable condition; buyers should be ready to move when a well-kept home appears, because the next one may not come quickly.

Best for

  • Buyers seeking a long-term hold in an established Valrico neighborhood with modest, manageable square footage
  • Renovation-minded buyers willing to take on a dated home and build equity through updates
  • Buyers who value a stable, low-turnover street over a high-inventory, fast-moving one

Probably not for

  • Buyers set on new construction or homes built in the last two decades
  • Buyers who need a large floor plan well above the mid-1,500-square-foot range
  • Buyers who want a wide selection of listings on the market at once

The market around Mulrennan Groves North Unit 02

Mulrennan Groves North Unit 02 is a small community — 2 recorded sales on file, most recently in 2017 — too few for its own price trend. Here is the market around it.

Across Hillsborough County, 5,970 homes are active and 2,046 pending (26% under contract).

Homes here are single family residence.

ZIP and county figures describe the wider market, not Mulrennan Groves North Unit 02 specifically. Momentum Research analysis of MLS records.

If we were buying in Mulrennan Groves North Unit 02 today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Mulrennan Groves North Unit 02.

Best Buy
Buyers who want an established Valrico neighborhood with practical layouts and are comfortable evaluating a home on its updates.
Biggest Risk
1980s-to-1990s stock means aging systems; the condition spread is real and easy to underestimate.
Sweet Spot
An already-updated home with roof and HVAC handled, priced against genuinely comparable condition.
Avoid If
You need new construction, a large floor plan, or a deep menu of listings to choose from.

A condition-driven market in a settled pocket

The housing here dates to 1985 through 1995, with a median build year of 1986, so most homes are approaching or past the point where roofs, HVAC, and systems have needed at least one replacement. That works in a buyer's favor when a seller has already handled those items, and against them when they haven't. The median living area near 1,565 square feet points to practical, single-family layouts rather than sprawling floor plans.

The high homestead share, just under 70%, tells you this is a hold-and-live neighborhood, not an investor churn zone. Inventory tends to be thin and steady, which keeps the market from swinging hard in either direction but also limits choice. Judge value by comparing genuinely similar homes on updates, not just by matching square footage.

The location and the amenities are priced into every listing in Mulrennan Groves North Unit 02. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a neighborhood this consistent, the value gap between an updated home and a dated one is the whole ballgame, and we underwrite that gap house by house rather than leaning on averages. We'll tell a seller exactly which improvements the recent comps rewarded, and we'll tell a buyer when a lower-priced home is actually carrying deferred cost. With thin inventory, timing and a clear read on condition are what get deals done here.

Mulrennan Groves North Unit 02 in 15 seconds.

Best forBuyers who want an established Valrico neighborhood with practical layouts and are comfortable evaluating a home on its updates.
Biggest advantageA settled, owner-occupied pocket with consistent floor plans that make comparisons straightforward.
Biggest risk1980s-to-1990s stock means aging systems; the condition spread is real and easy to underestimate.
Sweet spotAn already-updated home with roof and HVAC handled, priced against genuinely comparable condition.
Avoid ifYou need new construction, a large floor plan, or a deep menu of listings to choose from.

HOA, CDD & Fees

In short
  • Mandatory HOA — confirm current dues
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Mulrennan Groves North Unit 02 sales matched to your home.

What is your Mulrennan Groves North Unit 02 home worth?

Get a no-obligation home value based on real comparable sales in Mulrennan Groves North Unit 02, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in Mulrennan Groves North Unit 02 on the map →

Real comps, not an automated estimate.

Frequently Asked Questions

How many homes are in Mulrennan Groves North Unit 02?
The Florida DOR 2025 assessment roll shows 234 homes in Mulrennan Groves North Unit 02 (public records).
What share of Mulrennan Groves North Unit 02 is owner-occupied?
70% of Mulrennan Groves North Unit 02 parcels carry a homestead exemption on the 2025 Florida DOR roll, the owner-occupancy proxy in public records.
When were the homes in Mulrennan Groves North Unit 02 built?
Homes in Mulrennan Groves North Unit 02 were built between 1985 and 1996, with a median year built of 1987.0 (FL DOR 2025 roll).
Do cash buyers compete in Mulrennan Groves North Unit 02?
Cash buyers took 9% of Mulrennan Groves North Unit 02 sales in the 12 months ending June 2019 (1 of 11 closings, Stellar MLS).
Who is the best real estate agent for Mulrennan Groves North Unit 02?
The best agent for Mulrennan Groves North Unit 02 is one who actively works Valrico and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Mulrennan Groves North Unit 02.
How do I find a top Valrico real estate agent who knows Mulrennan Groves North Unit 02?
Share a few details in the form on this page. Momentum Realty has 280+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Mulrennan Groves North Unit 02 and the wider Valrico area.
Can Momentum Realty connect me with an agent for Mulrennan Groves North Unit 02?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Mulrennan Groves North Unit 02 purchase or sale - no call center and no pressure.
Buyers seeking a long-term hold in an established Valrico neighborhood with modest, manageable square footageExcellent fit
Renovation-minded buyers willing to take on a dated home and build equity through updatesExcellent fit
Buyers who value a stable, low-turnover street over a high-inventory, fast-moving oneExcellent fit
Buyers set on new construction or homes built in the last two decadesProbably not
Buyers who need a large floor plan well above the mid-1,500-square-foot rangeProbably not
Buyers who want a wide selection of listings on the market at onceProbably not

Data sources & freshness

Housing stock & ownershipFlorida DOR 2025 assessment roll (street-list match (5 streets, ZIP 33594))
Under-contract sharesStellar MLS records, as of 2026-07-12
Historical depthClosed-sale records back to 2014 (34 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of Stellar MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the Stellar MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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