tomo logo

$1,775,000

Beds
4
Baths
4.5
sq ft
3,492

1616 S Arrawana Ave, Tampa, FL 33629

1616 S Arrawana Ave

TAMPA, FL 33629

  • 58 days on market
    • Price drop $24,999↓
Welcome to your new home in Palma Ceia! Built in 2019 by New Legacy Homes, this charming 4-bedroom, 4.5-bathroom residence offers a harmonious blend of comfort and style in a quiet neighborhood. The open-concept living area is filled with natural light, perfect for entertaining or relaxing with loved ones. The modern kitchen boasts sleek stainless-steel appliances and quartz countertops, complemented by a cozy dining space. The first floor offers a den, guest bedroom and 1.5 bathrooms. Upstairs the spacious master suite features 2 walk-in closets and an en-suite bathroom for added privacy and convenience. On the upper floor you'll also find a large bonus room, screened-in balcony perfect for watching the sunrise through the trees, 2 other bedrooms and bathrooms. Outside, the fully fenced backyard with artificial turf offers ample space for outdoor activities, along with a delightful patio for al fresco dining. There's also room for a pool! With a two-car garage, a dedicated upstairs laundry room with dog washing station, and central air conditioning, this home has everything you need. Conveniently located near schools, parks, shopping, and major highways, walk to SoHo, Bayshore and Hyde Park! NOT in a flood zone, no flood insurance required. Schedule your visit today and see why this house should be your next home!

Details

Property type

Single Family Residence

Est. home value

$1,609,312

Lot size

5,000 sq ft

Price per sq ft

$509

Year built

2019

Annual property taxes

$20,820

Price History

06/04/2024
StellarMLS

StellarMLS #T3524357

Price change
$1,775,000
-1.39%
05/14/2024
StellarMLS

StellarMLS #T3524357

Price change
$1,799,999
-2.7%
05/06/2024
StellarMLS

StellarMLS #T3524357

Listed
$1,850,000
+27.59%

Schools & Community

Neighborhood: 

Palma Ceia

Elementary school: 

Mitchell-HB

Middle school: 

Wilson-HB

High school: 

Plant-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

$959,619
Asking price
$1,775,000
Closing costs (~8% of asking)
-$142,000
Est. remaining loan balance
-$673,381
Cash to seller
$959,619

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

May 2022

Original loan amount

$700,000

Est. remaining balance

$673,381

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Matthew Koontz and Carly Yingying Lee

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: 07/03/2024 at 11:25 AM

Listing updated: 06/04/2024 at 12:24 PM

Listed by: Diana Pomarico PA, PALERMO REAL ESTATE PROF.INC. Phone #: (813) 637-0117

MLS: StellarMLS #T3524357

StellarMLS logo

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