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$356,234Estimated home value

Beds
3
Baths
2.0
sq ft
1,428

2315 W Spruce St, Tampa, FL 33607

2315 W Spruce St

TAMPA, FL 33607

  • Off market
    • Price drop $25,000↓
Seller may consider buyer concessions if made in an offer. CASH ONLY!! NO LOANS!! ATTENTION INVESTORS AND FLIPPERS! PRIME OPPORTUNITY IN TAMPA! Welcome to 2315 W Spruce, a 3-bedroom, 2-bathroom home located minutes from Downtown Tampa, Armature Works, Curtis Hixon Park, Julian Lane Park, and the Riverwalk. This property features a fully fenced yard and has been recently updated with new stainless steel appliances, a washer/dryer, new fans, light fixtures, and white shaker cabinets in the kitchen. The bright living space includes an adjacent dining area. The master suite has a private bathroom, and there is a versatile "Florida room" suitable for a game room or office. A one-car carport is also available. IMPORTANT: The home requires structural repairs in the crawlspace foundation, with quotes ranging from $15,000 to $20,000. The property now sits on a 50' x 95' parcel. THIS PROPERTY OFFERS SIGNIFICANT POTENTIAL FOR INVESTORS AND FLIPPERS LOOKING TO CUSTOMIZE AND ADD VALUE. Contact us today for more information and to schedule a viewing.

Details

Property type

Single Family Residence

Est. home value

$356,234

Lot size

4,750 sq ft

Price per sq ft

$158

Year built

1996

Annual property taxes

$4,160.97

Price History

08/08/2024
StellarMLS

StellarMLS #T3543717

Removed
$225,000
08/06/2024
StellarMLS

StellarMLS #T3543717

Price change
$225,000
-10%
08/01/2024
StellarMLS

StellarMLS #T3543717

Removed
$250,000

Schools & Community

Neighborhood: 

Old West Tampa

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

$27,896
Asking price
$225,000
Closing costs (~8% of asking)
-$18,000
Est. remaining loan balance
-$179,104
Cash to seller
$27,896

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

Seller’s Loan History

Lender

Lendus Llc

Loan start date

August 2021

Original loan amount

$192,000

Est. remaining balance

$179,104

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Asad Shaikh

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?

Status: Off Market

Tomo last checked: 09/07/2024 at 4:45 AM

Listing updated: 08/06/2024 at 5:17 PM

Listed by: Asad Shaikh, LOMBARDO TEAM REAL ESTATE LLC Phone #: (813) 321-0437

MLS: StellarMLS #T3543717

StellarMLS logo

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