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$395,000

Beds
3
Baths
2.0
sq ft
1,611

1900 62nd Ave NE, Saint Petersburg, FL 33702

1900 62nd Ave NE

SAINT PETERSBURG, FL 33702

  • 86 days on market
    • Price drop $4,900↓
INVESTOR OPPORTUNITY! This home, which is s situated on a large, corner lot in Northeast St Petersburg offers a number of opportunities. It can be renovated for a homeowner looking for a project or an investor seeking to renovate and sell. The lot itself presents the perfect opportuninty to tear down and build a home that is designed for all of your wants and needs. Property incurrred water damage during Hurricane Helene and is being sold As-Is. Cash offers only.

Details

Property type

Single Family Residence

Est. home value

$598,636

Lot size

8,124 sq ft

Price per sq ft

$246

Year built

1974

Annual property taxes

$4,419.86

HOA

No

Price History

11/18/2024
StellarMLS

StellarMLS #U8254464

Price change
$395,000
-1.23%
11/04/2024
StellarMLS

StellarMLS #U8254464

Price change
$399,900
-5.91%
10/29/2024
StellarMLS

StellarMLS #U8254464

Price change
$425,000
-25.96%

Schools & Community

Neighborhood: 

Shore Acres

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Unknown

High school: 

St. Petersburg 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

$110,082
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$253,318
Cash to seller
$110,082

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

Seller’s Loan History

Lender

Blueleaf Lending Llc

Loan start date

July 2021

Original loan amount

$273,000

Est. remaining balance

$253,318

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Michael L Hinson and Sarah Hinson

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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6108 Pershing St NE, Saint Petersburg, FL 33703

Status: Active

Tomo last checked: 11/22/2024 at 8:00 PM

Listing updated: 11/18/2024 at 2:30 PM

Listed by: Kevin Cottrill, KELLER WILLIAMS ST PETE REALTY Phone #: (727) 894-1600

MLS: StellarMLS #U8254464

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