Valrico › Diamond Hill

1438 Emerald Hill Way

Valrico, FL 33594
$475,000
5 bed3 bath2,704 sqftSingle-family home · built 2005

Listed at $179 per sq ft. Median for single-family homes with 5 or more bedrooms in Valrico sold in the last 12 months: $196 per sq ft.

56 sales · Stellar MLS, credited below

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 77% of single-family homes sold in Valrico
1,171 single-family home sales · Jan 2024 - Oct 2026
Price
Listed 18% below the typical price for a single-family home its size in Valrico
1,171 single-family home sales · Jan 2024 - Oct 2026
Standout feature
A garage for 3 or more cars: 33% of single-family homes listed in Valrico have one
482 single-family home listings · Sep 2006 - Oct 2026
Age
Newer than 49% of single-family homes in Diamond Hill
64 homes · Oct 2023 - Oct 2026
Compared against 40 similar homes sold within 1.41 mi.

About this property

WELCOME SPECTACULAR SUNSETS OVER THE DIAMOND HILL GOLF COURSE from your 500-SF backyard lanai and most of the other rooms in this 2,700-SF home updated from top to bottom during the last 2 years! Yes, after a new roof and water heater installed in 2024, these owners added 2025 luxury vinyl plank floors and carpet, upgraded ceiling fans, lighting, fresh paint and more. Now they're moving because of employment, so here's YOUR chance to enhance this lovely location. It overlooks the 4th fairway at Diamond Hill Golf Club, a security-gated community with its own clubhouse pool, fitness center, playground park and basketball court. You get 4 bedrooms and 3 full baths in a 3-way split for flexible living, plus a 1,000-SF upstairs bonus useful as another bedroom, office, game or media room that also includes a storage space so large it actually IS used as a kid's bedroom hideaway right now. This second story and all secondary bedrooms are newly carpeted, while the entire downstairs features the new LVP except for the tiled owner's suite bathroom with dual sinks, garden tub and separate shower. The owner's suite, living room, family room, and kitchen cafe open through 4 sets of sliders to that big lanai for great entertaining or private relaxation -- all of it screened AND roof-sheltered for all-weather enjoyment. A 3-car garage and driveway facing more neighborhood green space complete the picture here. Now all it needs is you!

Property details

Year built2005
Lot size0.17 ac
HOA fee$294/qtr
Parking3-car
Days on market51
MLS#TB8542145
SidewalkCeiling fansEat-in kitchenLiving/dining comboSolid surface countersSolid wood cabinets
All features →
  • Sidewalk
  • Ceiling fans
  • Eat-in kitchen
  • Living/dining combo
  • Solid surface counters
  • Solid wood cabinets
  • Split bedroom
  • Thermostat
  • Walk-in closets
  • Dishwasher
  • Disposal
  • Electric water heater
  • Ice maker
  • Microwave
  • Range
  • Refrigerator
  • Carpet flooring
  • Concrete flooring
  • Tile flooring
  • Golf course view
  • Central air conditioning
  • Central heating
  • Electric heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Single story
  • Inside laundry
  • Laundry room
  • Broadband internet available
  • Electricity connected
  • Public utilities
  • Sewer connected
  • Underground utilities
  • Water connected
  • Garage

The market for homes like this

Single-family homes with 5 or more bedrooms in Valrico
i
Median sold price$627,50056 sales · last 12 months
Median price per sq ft$19656 sales · last 12 months
Median rent$2,792/mo82 leases · last 12 months
Median days to lease2982 leases · last 12 months

Valrico, as its listings describe it

What agents stated on listings, 2006 – 2026i
Community pool49%of 344 listings
HOA fee, median$73/moof 371 listings
Has an association76%of 588 listings
Pets allowed93%of 726 listings
Minimum lease, most commonNo Minimum48% of 468 listings · next: 1–2 Years
Lease restrictions45%of 471 listings
Association approval required26%of 401 listings
Private pool37%of 803 listings
Gated37%of 344 listings
Public water · sewer92% · 81%of 531 · 549 listings
Flood zone (A or V)3%of 542 listings
55+ communityNo100% of 590 listings · next: Yes
Homestead share Diamond Hill75%of 444 homes · county tax roll
Also stated: waterfront 1% of 594 listings; CDD 3% of 497.

Price and time on market

This listing against homes like iti
Price per sq ft
Listed at $179 per sq ft, 9% below the $196 median for 5+ bedroom single-family homes in Valrico sold in the last 12 months
56 sales · last 12 months
Time on market
On the market 38 days; 5+ bedroom single-family homes in Valrico took a median of 29 days to sell in the last 12 months
56 sales · last 12 months
Price history
Listed at $500,000 originally; now $485,000, 3.0% lower after at least one price reduction. The most recent: down $15,000 on Sept. 20, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$9,043 for 2025 on the listing; about $6,259 on the 2026 roll
The listing and the county roll disagree materially; both are shown
Estimated taxes at this price
i
About $6,100/yr homesteaded, $6,900/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$166/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$98/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in Valrico

unincorporated Hillsborough County · Hillsborough County · ZIP 33594 · Valrico (census-designated place) · Flood zone X
Explore Valrico →
Homes12,353residential parcels
Median sold price$440,000469 sales · last 12 months
Vs. the prior year-0.8%469 sales this year · 438 sales the prior year
Median rent$2,300/mo117 leases · last 12 months
Homes that changed hands4%469 sales of 12,353 homes
Homestead share78%of 12,353 homes · county tax roll
Single-family homes in Valrico, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months440$454,950$2,792/mo82 leases
2 bed8Not enough sales yet to report on their own
3 bed154$372,250—
4 bed222$499,000$2,850/mo43 leases
5+ bed · this home56$627,500—
All single-family homes · 24 months847$455,000$2,600/mo185 leases
Median price

Valrico homes sold for a median of $440,000 in the 12 months to Oct. 11, 2026.

469 sales
Price trend

That's 0.8% below the median for the 12 months before, $443,755.

469 sales this year · 438 sales the prior year
What's selling

Single-family detached homes made up 440 of the 469 sales in the same 12 months, at a median of $454,950.

440 of 469 sales

Location

1438 EMERALD HILL WAY, VALRICO, FL 33594

Nearby homes for sale in Valrico

Based on information from Stellar MLS® for the period September 6, 2006 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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