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$450,000

Beds
4
Baths
2.0
sq ft
2,062

3953 Arkansas Ave NE, Saint Petersburg, FL 33703

3953 Arkansas Ave NE

SAINT PETERSBURG, FL 33703

  • 6 days on market
**THIS PROPERTY HAS FLOOD DAMAGE FROM HURRICANE HELENE ON THE FIRST FLOOR** Being sold AS-IS. The second floor of this home is completely intact with no damage from the hurricane. You could remodel the first floor, tear the home down, or raise the home up. The sellers were given a ballpark of $150,000 to raise the home and another $40,000 - $50,000 to redo the mechanicals. Many of the photos are what the home looked like prior to Hurricane Helene. This stunning Dutch Colonial home was built in 1924 along with a handful of other historic homes from the 1920s in the neighborhood. While this home is celebrating turning 100 this year, it has all the modern amenities and updates you’ve come to expect. Much of the original character has been preserved. Upon walking up to the home, you are greeted with wood columns flanking the brick front porch along with a curved beadboard ceiling. Step inside to the luxurious and welcoming entryway. Off the back of the home is a Florida room that could also be used as a great office. There is an indoor laundry closet attached to the first-floor bathroom. Walking up the wide stairs to the second floor you will notice the original steps, railing, and wood banisters. There are three generously sized bedrooms upstairs along with a smaller fourth bedroom/nursery/office. Upstairs you’ll notice the original hardwood flooring, crown molding, framed-out windows/doors, and high baseboards. The primary bedroom has its own door that connects to the one full bathroom on the second floor. The bathroom has a newer vanity, charming hexagon tile flooring, wainscoting, and a tub with subway tile. All the additional upgrades are as follows: roof (2020), hurricane-rated impact windows (2018), new hurricane-rated steel front door w/ side lights (2024), crawlspace completely encapsulated by LRE Foundation & Repair(2022, and second-floor A/C system (2017). Step outside to the outdoor oasis complete with a newer in-ground pool, large brick paver patio, mature landscaping, and a fully fenced-in yard. There is plenty of parking out front with the half-circle driveway. Off the kitchen is an enclosed mud room/storage room that also has access to the rear yard.

Details

Property type

Single Family Residence

Est. home value

$711,447

Property condition

Fixer

Lot size

6,477 sq ft

Price per sq ft

$219

Year built

1924

Annual property taxes

$8,516

HOA

No

Price History

12/28/2024
StellarMLS

StellarMLS #TB8333309

Listed
$450,000
-42.68%
06/03/2024
StellarMLS

StellarMLS #U8237373

Removed
$785,000
05/15/2024
StellarMLS

StellarMLS #U8237373

Price change
$785,000
-1.88%

Schools & Community

Neighborhood: 

Shore Acres

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

-$138,520
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$552,520
Cash to seller
-$138,520

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

February 2022

Original loan amount

$588,000

Est. remaining balance

$552,520

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Rebecca L Tyner and Andrew J Tyner

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: Active

Tomo last checked: 01/03/2025 at 2:35 AM

Listing updated: 01/02/2025 at 9:40 AM

Listed by: Kyle Hickey, CORCORAN DWELLINGS Phone #: (727) 888-4663

MLS: StellarMLS #TB8333309

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