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$403,499Estimated home value

Beds
3
Baths
2.0
sq ft
1,290

1048 Madison St, Largo, FL 33770

1048 Madison St

LARGO, FL 33770

  • Sold On 8/30/2024
Welcome to your next investment opportunity! This immaculate home at 1048 Madison Street in Largo, Florida, is just a short 12-minute drive from the beautiful Indian Rocks Beach and only 15 minutes away from the world-renowned Clearwater Beach. Whether you're looking to host vacationers or enjoy the coastal lifestyle yourself, this property is perfectly situated for both. You will appreciate the consistency of this recently updated home, starting with the expansive gourmet kitchen. This space is perfect for entertaining, featuring a stunning 10x5 ft granite island, vaulted ceilings, exposed painted beams, and lots of natural light that creates an inviting atmosphere. The attention to detail continues throughout the house with wood grain tile laid on a slant, adding elegance and cohesion to every room. Granite countertops are also featured in both beautifully remodeled bathrooms. The main gathering space is the heart of the home, featuring a cozy wood-burning fireplace and plenty of room for a large dining table or pool table. There's also ample space for an oversized couch and a perfect TV viewing area, making it ideal for both entertaining and relaxing. The owner's suite boasts a luxurious walk-in shower with seamless glass, creating a spa-like experience. The home offers ample in-home storage with lots of built-ins and a convenient indoor laundry space. Enjoy the screened-in lanai, perfect for relaxing evenings, along with a completely fenced-in yard, cozy fire pit, and an above-ground pool to cool off in the Florida heat. The seller is taking care of all the high-ticket items, including a brand new HVAC system installed in July 2024. Additionally, a new roof will be put on within a week of closing, ensuring peace of mind for the new owners. With no HOA restrictions and a wide driveway for extra parking, this property is ideal for use as an Airbnb. For outdoor enthusiasts, this location is a dream! Jump on your bikes and you're less than a mile from the Pinellas Trail, which runs from St. Petersburg to Tarpon Springs. If you're up for a stroll, John Taylor Park is nearby, offering beautiful walks around a serene lake and abundant wildlife. You're also just minutes away from the East Bay Golf Course and the charming downtown Largo area. Don't miss out on this fantastic opportunity to own a versatile property in a prime location!

Details

Property type

Single Family Residence

Est. home value

$403,499

Lot size

7,139 sq ft

Price per sq ft

$330

Year built

1958

Annual property taxes

$5,367.01

Price History

08/29/2024
StellarMLS

StellarMLS #T3542521

Sold
$425,500
+0.12%
07/28/2024
StellarMLS

StellarMLS #T3542521

Pending
$425,000
07/26/2024
StellarMLS

StellarMLS #T3542521

Listed
$425,000
+82.4%

Schools & Community

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

$218,030
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$172,970
Cash to seller
$218,030

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2021

Original loan amount

$185,300

Est. remaining balance

$172,970

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Timothy Mccoy

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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1023 Madison St, Largo, FL 33770

Status: Off Market

Tomo last checked: 09/08/2024 at 5:10 AM

Listing updated: 08/30/2024 at 9:05 PM

Listed by: Brenda McGlothin, RE/MAX REALTY UNLIMITED Phone #: (813) 684-0016

MLS: StellarMLS #T3542521

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