tomo logo

$625,000

Beds
4
Baths
2.0
sq ft
2,202

1003 W River Heights Ave, Tampa, FL 33603

1003 W River Heights Ave

TAMPA, FL 33603

  • 18 days on market
For sale is a beautiful and one-of-a-kind, 4-bedroom, 2-bath, 2,202 sq ft two-story ranch-style home built in 1952. This home features a pool, an office, a large downstairs recreation room, a laundry room, and a 1-car garage. Originally built as a stilt home in the 1950s by the first family to own it, the downstairs and upstairs porch were enclosed in the 1970s, creating the two-story layout present today. Situated on a .3-acre corner lot on a dead-end street near Reed Park and the Hillsborough River, the home’s first level is constructed of concrete block, with a wood-frame second level covered in stucco with a brick pattern. Over the past five years, extensive updates have enhanced this unique home, while preserving its original mid-century charm. Updates include: HVAC replaced in 2020, downstairs bathroom remodel in 2020, back porch roof replacement in 2021. Original hardwood floors upstairs, original tile downstairs, and the original hand-made cocktail bar. The home is tenant occupied until 12/28/2024

Details

Property type

Single Family Residence

Est. home value

$665,387

Lot size

0.3 acres

Price per sq ft

$284

Year built

1952

Annual property taxes

$8,601.09

HOA

No

Price History

11/04/2024
StellarMLS

StellarMLS #TB8315681

Listed
$625,000
+5.93%
02/11/2022
StellarMLS

StellarMLS #O5984309

Sold
$590,000
+145.83%
03/30/2017
StellarMLS

StellarMLS #T2821589

Sold
$240,000

Schools & Community

Neighborhood: 

South Seminole Heights

Elementary school: 

Broward-HB

Middle school: 

Memorial-HB

High school: 

Hillsborough-HB

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$104,245
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$470,755
Cash to seller
$104,245

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

February 2022

Original loan amount

$500,000

Est. remaining balance

$470,755

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Sarah M Wagner and Brenton Antaya Rhein

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 12:35 AM

Listing updated: 11/05/2024 at 9:00 AM

Listed by: Kayla Faye Rhodes, WRIGHT DAVIS REAL ESTATE Phone #: (813) 251-0001

MLS: StellarMLS #TB8315681

StellarMLS logo

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