tomo logo

$265,000

Beds
2
Baths
1.5
sq ft
1,088

1740 W Powhatan Ave, Tampa, FL 33603

1740 W Powhatan Ave

TAMPA, FL 33603

  • 20 days on market
WELCOME TO YOUR NEXT FIX AND FLIP! This property has great bones and plenty of potential while being centrally located in Tampa near Beautiful Seminole Heights. Great location! Just a short drive to Raymond James Stadium and with a new roof and a bit of TLC you will have your next wealth building investment property or a new renovated listing ready to sell to a wonderful and profitable new end buyer. Owner ready to sell, come take a look at this 2 bedroom 1.5 bath as soon as possible. Property also includes a den that can be converted to a 3rd bedroom and separate laundry/utility room. As well as a backshed that can be fixed up to original condition or taken down to make the large backyard even larger. Owner is willing to accept multiple types of financing options.

Details

Property type

Single Family Residence

Est. home value

$614,316

Property condition

Fixer

Lot size

6,242 sq ft

Price per sq ft

$244

Year built

1948

Annual property taxes

$592

Price History

06/13/2024
StellarMLS

StellarMLS #T3533424

Listed
$265,000
+51.43%
06/26/2023
StellarMLS

StellarMLS #U8198916

Sold
$175,000

Schools & Community

Neighborhood: 

Riverbend

Elementary school: 

Mendenhall-HB

Middle school: 

Memorial-HB

High school: 

Hillsborough-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

-$32,970
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$276,770
Cash to seller
-$32,970

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

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

June 2023

Original loan amount

$279,990

Est. remaining balance

$276,770

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Sarbjit Singh

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 10:10 AM

Listing updated: 06/14/2024 at 6:55 AM

Listed by: Tiffany Hamilton, HAMILTON REALTY ADVISORS LLC Phone #: (850) 366-8433

MLS: StellarMLS #T3533424

StellarMLS logo

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