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$245,000

Beds
3
Baths
1.0
sq ft
1,104

1800 Patton Ave S, Saint Petersburg, FL 33712

1800 Patton Ave S

SAINT PETERSBURG, FL 33712

  • 49 days on market
Welcome to this well-maintained 3-bedroom, 1-bath home that is tenant occupied, making it an attractive investment opportunity! Located in a great neighborhood, this property has no history of flood damage from recent hurricanes, providing peace of mind to both owner and tenants. Currently leased to great, reliable tenants who have kept the home in excellent condition, the property generates a steady monthly income of $1,650. With the potential for rent increases through government housing programs, this home offers a valuable opportunity for consistent rental income. Don’t miss out on this low-maintenance investment in a solid location!

Details

Property type

Single Family Residence

Est. home value

$218,760

Lot size

5,567 sq ft

Price per sq ft

$222

Year built

1950

Annual property taxes

$2,538.18

HOA

No

Price History

11/04/2024
StellarMLS

StellarMLS #TB8316827

Listed
$245,000
+124.77%
09/04/2020
StellarMLS

StellarMLS #U8089112

Sold
$109,000
+354.17%
04/13/2010
StellarMLS

StellarMLS #U7458796

Sold
$24,000

Schools & Community

Neighborhood: 

Melrose Mercy - Pine Acres

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

$146,353
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$79,047
Cash to seller
$146,353

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 Bank

Loan start date

September 2020

Original loan amount

$87,200

Est. remaining balance

$79,047

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Donald Preston Hipps Jr

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 11:10 PM

Listing updated: 11/05/2024 at 6:54 AM

Listed by: Amy Copeland, COLDWELL BANKER REALTY Phone #: (727) 781-3700

MLS: StellarMLS #TB8316827

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