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$234,900

Beds
3
Baths
1.0
sq ft
984

1858 Mississippi Ave NE, Saint Petersburg, FL 33703

1858 Mississippi Ave NE

ST PETERSBURG, FL 33703

  • 28 days on market
    • Price drop $10,000↓
Bring all reasonable offers. The home was flooded and is now being sold in as is condition. Priced for land value only. Only cash or hard money offers are accepted. This 3 bedroom 1 bath home can be spectacular again. Just bring your vision to life here with this blank canvas. Seller has already prepared the home for your remodeling venture. 3 cars can easily be parked in the driveway with the carport tandem. Perfect amount of back yard for the kids, dogs and entertaining. Purchase the lot next door to have nearly 1/4 acre lot and build your dream home! In July 2022, the City of St. Pete opened the $11 million Shore Acres Recreation Center. No need to join a club when you have a 6-lane swimming pool, indoor gymnasium with leagues and "open gym" hours for basketball, volleyball, and pickleball, a teen room with a projector for movies, rec games (ping pong and pool tables), video games, arcade games for campers to enjoy before and after school and seasonal camps. A Discovery Room for arts and crafts, two multipurpose rooms, a tutoring room, and a conference room for rent to the public. An outdoor playground, multipurpose green space, and basketball court. It is an excellent home and a community of homeowners that know their neighbors. Per Fema, state and local guidelines this home must be remodeled up to code (built up) or torn down for new build.

Details

Property type

Single Family Residence

Est. home value

$368,453

Lot size

5,014 sq ft

Price per sq ft

$239

Year built

1971

Annual property taxes

$1,019.57

HOA

No

Price History

12/16/2024
StellarMLS

StellarMLS #TB8324974

Price change
$234,900
-4.08%
11/25/2024
StellarMLS

StellarMLS #TB8324974

Listed
$244,900
+155.1%
03/30/2011
StellarMLS

StellarMLS #T2448878

Sold
$96,000
+80.79%

Schools & Community

Neighborhood: 

Shore Acres

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

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

$148,777
Asking price
$234,900
Closing costs (~8% of asking)
-$18,792
Est. remaining loan balance
-$67,331
Cash to seller
$148,777

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

Seller’s Loan History

Lender

Security National Mortgage Co

Loan start date

March 2011

Original loan amount

$93,566

Est. remaining balance

$67,331

Interest rate

5.05%

Loan type

FHA, 30 year

Seller

John M Salas and Melissa S Salas

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: 12/23/2024 at 12:50 AM

Listing updated: 12/16/2024 at 12:00 PM

Listed by: Tara May Webster, YOUR NEIGHBORHOOD REALTY ASSOC Phone #: (727) 321-1734

MLS: StellarMLS #TB8324974

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