tomo logo

$360,000

Beds
3
Baths
3.0
sq ft
1,676

1502 W Rio Vista Ave, Tampa, FL 33603

1502 W Rio Vista Ave

TAMPA, FL 33603

  • 2 days on market
Charming Bungalow with Income Potential Near Lowry Park Zoo Discover this inviting 2-bedroom, 2-bathroom bungalow with an unfinished 1-bedroom, 1-bathroom in-law suite and a spacious two-car garage! The detached in-law suite features a completed kitchen, while the bedroom is ready for finishing—offering an excellent opportunity for additional living space or rental income. Situated on a generous lot near the Lowry Park Zoo, this property combines convenience, character, and potential. Whether you choose to finish renovations and make it your own or explore new construction opportunities, this home presents a unique investment. While listed as a fixer-upper, key updates have already been completed, including replumbing, a new roof, a new water heater, an updated kitchen, and beautiful wood floors. The cleared and maintained yard is a blank canvas, perfect for a gardener’s touch. Additionally, a backyard shed provides ample storage for tools and outdoor essentials. This is a fantastic value with endless possibilities. Don’t miss out—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$362,943

Property condition

Fixer

Lot size

8,875 sq ft

Price per sq ft

$215

Year built

1946

Annual property taxes

$4,177

HOA

No

Price History

04/01/2025
StellarMLS

StellarMLS #TB8369147

Listed
$360,000
+380%
05/14/2010
StellarMLS

StellarMLS #T2383251

Sold
$75,000

Schools & Community

Neighborhood: 

Riverbend

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

$290,186
Asking price
$360,000
Closing costs (~8% of asking)
-$28,800
Est. remaining loan balance
-$41,014
Cash to seller
$290,186

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

Seller’s Loan History

Lender

Regions Mortgage

Loan start date

May 2010

Original loan amount

$60,000

Est. remaining balance

$41,014

Interest rate

4.99%

Loan type

New Conventional, 30 year

Seller

Paul Brandon Nelson

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?

Status: Active

Tomo last checked: 04/03/2025 at 5:40 AM

Listing updated: 04/02/2025 at 6:55 AM

Listed by: Monique Caldwell, CAPITAL CALDWELL LLC Phone #: (813) 944-2468

MLS: StellarMLS #TB8369147

StellarMLS logo

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