tomo logo

$639,000

Beds
6
Baths
4.0
sq ft
2,746

1515 E 31st Ave, Tampa, FL 33610

1515 E 31st Ave

TAMPA, FL 33610

  • 115 days on market
    • Price drop $40,000↓
HUGE PRICE ADJUSTMENT, REDUCED by 40K!!!!!Amazing Rare Investment opportunity!!!!!!! MULTIPLE UNITS!!! This Single family house is a 3/2 with an attached full studio, and detached 2/1. Live in the main house and rent out the other two units.!!! Or rent all 3!!!! Welcome to this charming bungalow located in the heart of Tampa. This fully renovated home features a beautifully updated kitchen, perfect for hosting family and friends. The detached in-law suite and attached studio apartment provide flexibility for guests or additional rental income. Step outside to your own private oasis with a swim spa and putting green, ideal for relaxing after a long day or entertaining guests. With the potential to generate income from the separate living spaces, this property offers endless possibilities. Enjoy the convenience of being just minutes away from popular spots like Armature Works and other local attractions. Don't miss out on this unique opportunity to own a piece of paradise in an unbeatable location. Schedule your showing today! Room sizes not confirmed and must be confirmed by buyer. Reach out to listing agent Via phone or text to schedule. Will Consider Creative Financing

Details

Property type

Single Family Residence

Est. home value

$596,059

Lot size

7,074 sq ft

Price per sq ft

$233

Year built

1930

HOA

No

Price History

11/23/2024
StellarMLS

StellarMLS #T3552122

Price change
$639,000
-5.89%
10/16/2024
StellarMLS

StellarMLS #T3552122

Price change
$679,000
-6.86%
09/26/2024
StellarMLS

StellarMLS #T3552122

Price change
$729,000
-2.67%

Schools & Community

Neighborhood: 

East Tampa

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

$261,162
Asking price
$639,000
Closing costs (~8% of asking)
-$51,120
Est. remaining loan balance
-$326,718
Cash to seller
$261,162

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

Seller’s Loan History

Lender

Capital Partners Mortgage Llc

Loan start date

July 2020

Original loan amount

$361,000

Est. remaining balance

$326,718

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Justin C Gibson

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 4:55 PM

Listing updated: 11/23/2024 at 12:06 PM

Listed by: Stephen Maggio, IMPACT REALTY TAMPA BAY Phone #: (813) 321-1200

MLS: StellarMLS #T3552122

StellarMLS logo

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