tomo logo

$550,000

Beds
3
Baths
2.0
sq ft
1,368

2131 W Cypress St, Tampa, FL 33606

2131 W Cypress St

TAMPA, FL 33606

  • 160 days on market
    • Price drop $29,000↓
Welcome to the bungalow of your dreams! This beautifully restored bungalow features 3-bedrooms, 2-bathrooms offers an unparalleled combination of comfort, style, and convenience. Perfectly situated near Downtown, the University of Tampa, the scenic Riverwalk, and the vibrant Hyde Park Village, this property places you at the center of all that Tampa has to offer. The home has been fully renovated in 2023 with permits. Updates include; Kitchen with top of line stainless steel appliances and gas range, Full electrical rewire in the home, Full plumbing repipe, NEW HVAC, NEW ROOF with foam insulation and beautifully the original wood flooring has been gorgeously refinished. Furnishing can be negotiated. The home is a fully functioning short-term rental with airbnb and VRBO. Financials available.

Details

Property type

Single Family Residence

Est. home value

$364,329

Lot size

4,750 sq ft

Price per sq ft

$403

Year built

1926

Annual property taxes

$4,637.88

Price History

08/06/2024
StellarMLS

StellarMLS #T3528803

Price change
$550,000
-5.01%
07/09/2024
StellarMLS

StellarMLS #T3528803

Price change
$579,000
-3.48%
05/29/2024
StellarMLS

StellarMLS #T3528803

Listed
$599,900
+160.83%

Schools & Community

Neighborhood: 

North Hyde Park

Elementary school: 

West Tampa-HB

Middle school: 

Madison-HB

High school: 

Jefferson

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

$117,065
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$388,935
Cash to seller
$117,065

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

Seller’s Loan History

Lender

Preferred Lending Services Llc

Loan start date

November 2022

Original loan amount

$399,000

Est. remaining balance

$388,935

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Jessica Jimenez and Andres Fernando Orjuela Bernal

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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Price drop
StellarMLS
$559,900
3 bd
|
2 ba
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|
House

1902 W State St, Tampa, FL 33606

Status: Active

Tomo last checked: 11/05/2024 at 2:30 PM

Listing updated: 09/10/2024 at 5:08 PM

Listed by: Jessica Jimenez, BHHS FLORIDA PROPERTIES GROUP Phone #: (813) 908-8788

MLS: StellarMLS #T3528803

StellarMLS logo

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