tomo logo

$4,200,000

Beds
5
Baths
6.5
sq ft
6,880

3005 W Fair Oaks Ave, Tampa, FL 33611

3005 W Fair Oaks Ave

TAMPA, FL 33611

  • 132 days on market
    • Price drop $150,000↓
Do you desire a supremely luxurious custom home with five primary suites, a dream-worthy theater, an attached guest apartment, and an outdoor poolside oasis? Look no further! Beautifully tucked away in an exclusive area just moments from scenic Bayshore Boulevard, this 5BR/6.5BA, 6800+sqft residence immediately captivates the imagination with attractive custom architecture, a half-circle paver driveway, lush tropical landscaping, and towering mature trees, all sitting on a large double lot. Immaculately styled for the most discerning homeowner, the interior impresses with gorgeous oak hardwood floors with Brazilian cherry inlays, 12’ ceilings throughout the home, an openly flowing traditional layout, plantation shutters, thick crown molding, stunning wainscoting, living room with a fireplace, an elegant formal dining room, an exquisite mahogany-paneled home library/office, and a lovely music room, suitable for a baby grand piano. Catering to both foodies and gourmets, the Tuscan-inspired chef’s kitchen delights with premium stainless-steel appliances, custom wood cabinetry, granite countertops, gas range, center island, butler’s pantry, breakfast bar peninsula, and a breakfast nook. Unparalleled entertaining is discovered in the fully enclosed backyard featuring a sparkling pool, soothing spa, screened-in full outdoor kitchen, putting green, and a sprawling terrace. Indoor gatherings may also be enjoyed with the game/billiard room or the state-of-the-art home theater, which both enjoy wet bars. Bliss is found in the main primary bedroom boasting a romantic fireplace, two custom walk-in closets, and an en suite with stately columns, soaking tub, oversized multi-head shower with an attached steam shower room, and dual vanities. Multigenerational needs are satisfied with a guest/in-law suite featuring a full kitchen and full bathroom. Additional amenities include four garage parking spaces, laundry room with double washers/dryers, guest bedrooms with full bathrooms and walk-in closets, and so much more! Get all the advantages, and live your best life in one of Tampa’s most coveted areas. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).

Details

Property type

Single Family Residence

Est. home value

$3,716,468

Lot size

0.32 acres

Price per sq ft

$611

Year built

2007

Annual property taxes

$29,471.01

Price History

05/01/2024
StellarMLS

StellarMLS #U8229803

Price change
$4,200,000
-3.45%
04/01/2024
StellarMLS

StellarMLS #U8229803

Price change
$4,350,000
-2.25%
02/22/2024
StellarMLS

StellarMLS #U8229803

Listed
$4,450,000
+160.23%

Schools & Community

Neighborhood: 

Bayshore Beautiful

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

$3,031,164
Asking price
$4,200,000
Closing costs (~8% of asking)
-$336,000
Est. remaining loan balance
-$832,836
Cash to seller
$3,031,164

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

April 2020

Original loan amount

$912,000

Est. remaining balance

$832,836

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

Jose A Ferreira and Jose Andres Ferreira

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: 07/03/2024 at 12:15 PM

Listing updated: 05/01/2024 at 7:45 AM

Listed by: Khang Ngo, RE/MAX ACTION FIRST OF FLORIDA Phone #: (813) 749-0875

MLS: StellarMLS #U8229803

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