tomo logo

$898,950

Beds
8
Baths
4.0
sq ft
2,658

402 E Emma St, Tampa, FL 33603

402 E Emma St

TAMPA, FL 33603

  • 93 days on market
    • Price drop $50↓
Income potential! Live in main home and rent the other 2 units to pay your mortgage! Lots of possibilities for this renovated Seminole Heights 3/2 bungalow with detached apartments both upstairs AND downstairs in the back building. Multiple living spaces offer a great solution for first floor, multi-generational living OR income potential depending on your needs. Three distinct living spaces are on this large parcel with ample parking for everyone. Currently, the main home has an open concept floor plan with upgraded kitchen and bathrooms, luxury vinyl flooring throughout and a wonderful covered front porch. Oversized Master Suite with his and hers closets, a renovated ensuite bathroom with tub, and room for your home office. Two additional spacious bedrooms are freshly painted, offer lots of natural light and ceiling fans. The spacious kitchen has a breakfast bar, new white shaker cabinets, granite countertops and stainless steel appliances. Laundry closet is just off the kitchen with full size washer/dryer included. Room for future expansion off the back of the house with lots of backyard space ready for addition or backyard scape with endless possibilities (pool, fire pit, patio etc) Do you need a place for an aging parent? Or looking for additional income? The detached duplex offers two renovated apartments for both scenarios. Back building, first floor unit is a spacious 3 bedroom/1 bathroom with a brand new AC installed 2024. Back building, second floor is a 2 bedroom/1 bathroom. Both units have been upgraded offering luxury vinyl, renovated kitchens and bathrooms. Both apartments are turn-key…either move-in or rental ready. And on such a large parcel they offer privacy and independence. How you use the space is up to you! This highly desirable location is just very close to downtown Tampa and all it has to offer including: Armature Works, 12 miles of Riverwalk, Amalie Arena, the Straz Performing Arts Center, Tampa General, USF and a short ride to Tampa International. Easy access to Hwy 275 and a short ride to Uptown and St Petersburg. Discover the charm of Old Seminole Heights today.

Details

Property type

Single Family Residence

Est. home value

$902,088

Lot size

9,800 sq ft

Price per sq ft

$339

Year built

1918

Annual property taxes

$8,238

HOA

No

Price History

11/29/2024
StellarMLS

StellarMLS #TB8304793

Price change
$898,950
-0.01%
09/20/2024
StellarMLS

StellarMLS #TB8304793

Listed
$899,000
-0.06%
02/08/2024
StellarMLS

StellarMLS #T3474017

Removed
$899,499

Schools & Community

Neighborhood: 

South Seminole Heights

Elementary school: 

Broward-HB

Middle school: 

Memorial-HB

High school: 

Hillsborough-HB

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

$320,815
Asking price
$898,950
Closing costs (~8% of asking)
-$71,916
Est. remaining loan balance
-$506,219
Cash to seller
$320,815

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

Seller’s Loan History

Lender

Equity Prime Mortgage Llc

Loan start date

February 2022

Original loan amount

$538,400

Est. remaining balance

$506,219

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

One Hour House Solutions 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: 12/22/2024 at 11:15 AM

Listing updated: 11/29/2024 at 12:39 PM

Listed by: Celeste Hunter, SMITH & ASSOCIATES REAL ESTATE Phone #: (813) 839-3800

MLS: StellarMLS #TB8304793

StellarMLS logo

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