tomo logo

$525,000

Beds
5
Baths
4.5
sq ft
2,343

3404 N 12th St, Tampa, FL 33605

3404 N 12th St

TAMPA, FL 33605

  • 263 days on market
    • Price drop $150,000↓
Investment Property $60,000 Net Annual Rental Income Great investment opportunity for a savvy investor! This property is located in Ybor City, a vibrant and historic neighborhood in Tampa, Florida. It is in excellent condition and is currently rented, generating a steady stream of income. With a net annual rental income of $60,000, this property is great for a cash investor starting out or to add to the portfolio. Call today to schedule a viewing! Don't miss out on this amazing investment opportunity!

Details

Property type

Single Family Residence

Est. home value

$715,020

Lot size

0.26 acres

Price per sq ft

$225

Year built

1950

Annual property taxes

$6,772.65

Price History

03/19/2024
StellarMLS

StellarMLS #O6149703

Price change
$525,000
-22.22%
02/21/2024
StellarMLS

StellarMLS #O6149703

Listed
$675,000
02/12/2024
StellarMLS

StellarMLS #O6149703

Pending
$675,000

Schools & Community

Neighborhood: 

Ybor City

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

$379,143
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$103,857
Cash to seller
$379,143

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2017

Original loan amount

$120,000

Est. remaining balance

$103,857

Interest rate

3.86%

Loan type

New Conventional, 30 year

Seller

Dennys Milan Figueroa and Yeni Milan Figueroa

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: 03/19/2024 at 2:00 PM

Listed by: Mauricio Toro, MTRE GROUPE LLC Phone #: (786) 282-9992

MLS: StellarMLS #O6149703

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