tomo logo

$250,000

Beds
1
Baths
1.0
sq ft
727

2805 58th Pl N, Saint Petersburg, FL 33714

2805 58th Pl N

SAINT PETERSBURG, FL 33714

  • 115 days on market
    • Price drop $15,000↓
INVESTOR ALERT!!! This property is like a blank canvas for an experienced investor to complete the interior transformation. The original layout was a 1 BR 1 Bathroom with a bonus den/office. Located in Pinellas Unicorporated, once completed, you have the option to occupy, use as a long term rental or as a short term rental investment. CASH OR HARD MONEY ONLY. Seller financing may be an option with a significant down payment.

Details

Property type

Single Family Residence

Est. home value

$204,960

Property condition

Fixer

Lot size

6,848 sq ft

Price per sq ft

$344

Year built

1925

Annual property taxes

$3,651.22

HOA

No

Price History

08/24/2024
StellarMLS

StellarMLS #U8251416

Price change
$250,000
-5.66%
07/27/2024
StellarMLS

StellarMLS #U8251416

Listed
$265,000
+60.61%
04/13/2023
StellarMLS

StellarMLS #U8186754

Sold
$165,000
+103.7%

Schools & Community

Elementary school: 

Lealman Avenue 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

$108,482
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$121,518
Cash to seller
$108,482

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

Seller’s Loan History

Lender

Castle Mortgage Corp

Loan start date

April 2023

Original loan amount

$123,750

Est. remaining balance

$121,518

Interest rate

6.5%

Loan type

New Conventional, 30 year

Seller

Bobson Llc

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: 11/19/2024 at 10:25 AM

Listing updated: 10/20/2024 at 8:33 PM

Listed by: Tou Lee Yang PA, DALTON WADE INC Phone #: (888) 668-8283

MLS: StellarMLS #U8251416

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