tomo logo

$799,900

Beds
4
Baths
2.5
sq ft
1,750

1831 Dennison Rd, Odessa, FL 33556

1831 Dennison Rd

ODESSA, FL 33556

  • 123 days on market
Attention institutional investors your next investment opportunity is calling. Located in the heart of "Old Odessa," this property and neighborhood is ripe for redevelopment. Take a look at our location on the map, survey the area, and feast yours eyes on the opportunity before you. Pasco County wants this neighborhood redeveloped and will give their blessing to a wide variety of projects on this land. Neighboring properties are looking to sell, and some have already been snapped up by investors in anticipation of redevelopment. This is your chance to get in on the ground floor of an exciting redevelopment project. Don't let the old key west pink exterior paint job fool you, the interior of this home has been completely renovated with porcelain tile, bamboo floors, hurricane impact windows and doors, LED flush mount lighting, matching granite counter tops in the kitchen and bathrooms, all wood cabinets, brand new A/C (2022), new roof (2022), structured wiring (Cat 6 internet and coaxial cable in every room) and much more. 4 bedrooms, central living room with gorgeous open kitchen and dinette, formal dining room, 2.5 bathrooms, 2 car garage with and a large 2 car carport. Modern floor plan with Master Bedroom on opposing side of home away from bedrooms 2, 3, and 4. Rent the house for income while your development project comes to fruition.

Details

Property type

Single Family Residence

Est. home value

$552,329

Lot size

0.88 acres

Price per sq ft

$458

Year built

1995

Annual property taxes

$5,715.25

HOA

No

Price History

10/18/2024
StellarMLS

StellarMLS #O6226252

Listed
$799,900
09/24/2024
StellarMLS

StellarMLS #O6226252

Removed
$799,900
07/23/2024
StellarMLS

StellarMLS #O6226252

Listed
$799,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

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

$540,361
Asking price
$799,900
Closing costs (~8% of asking)
-$63,992
Est. remaining loan balance
-$195,547
Cash to seller
$540,361

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2022

Original loan amount

$200,000

Est. remaining balance

$195,547

Interest rate

6.7%

Loan type

New Conventional, 30 year

Seller

Katie Dennison and Nikolas H Tzoumas

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: 11/22/2024 at 8:30 PM

Listing updated: 10/18/2024 at 11:39 PM

Listed by: Steven Koleno, BEYCOME OF FLORIDA LLC Phone #: (804) 656-5007

MLS: StellarMLS #O6226252

StellarMLS logo

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