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$1,149,900

Beds
5
Baths
3.5
sq ft
2,478

1020 38th Ave N, Saint Petersburg, FL 33704

1020 38th Ave N

SAINT PETERSBURG, FL 33704

  • 102 days on market
    • Price drop $50,000↓
Beautiful Spanish style castle on a huge double lot with a heated pool and in ground hot tub! This amazing home is gorgeous inside and out, with three bedrooms and two bathrooms on the second floor as well as two additional bedrooms and 1.5 bathrooms on the first floor that could also be used as an in law apartment. This home was renovated in 2016 with new windows, doors, a spectacular kitchen and new roof. Solar panels added in 2019 and are paid off. Pavers were added around the pool deck in 2021. This is a giant double lot with a large fenced in side yard and separate fenced in back yard with pool and hot tub. Areca palms throughout the front yard provide privacy and the back yard has beautiful tropical landscaping. The property is zoned NTM-1 and the city of St. Pete said it could be developed for 11 townhomes.

Details

Property type

Single Family Residence

Est. home value

$861,548

Lot size

0.39 acres

Price per sq ft

$465

Year built

1925

Annual property taxes

$11,609.55

HOA

No

Price History

12/05/2024
StellarMLS

StellarMLS #TB8303073

Price change
$1,149,900
-4.17%
09/12/2024
StellarMLS

StellarMLS #TB8303073

Listed
$1,199,900
+233.31%
08/21/2017
StellarMLS

StellarMLS #U7805888

Sold
$360,000
+54.84%

Schools & Community

Neighborhood: 

Allendale Terrace

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$744,924
Asking price
$1,149,900
Closing costs (~8% of asking)
-$91,992
Est. remaining loan balance
-$312,984
Cash to seller
$744,924

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2020

Original loan amount

$345,000

Est. remaining balance

$312,984

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Sarah E Mckenna and John Jay Fortunato

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: 12/22/2024 at 11:50 PM

Listing updated: 12/06/2024 at 1:03 PM

Listed by: Jay Fortunato, CHARLES RUTENBERG REALTY INC Phone #: (727) 538-9200

MLS: StellarMLS #TB8303073

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