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$400,000

Beds
2
Baths
1.0
sq ft
870

420 40th St N, Saint Petersburg, FL 33713

420 40th St N

SAINT PETERSBURG, FL 33713

  • 1 day on market
Charming 1927 Bungalow in Central Oak Park - A Perfect Blend of Comfort and Convenience! Welcome to this delightful 2-bedroom, 1-bath bungalow, located in the heart of Central Oak Park – one of St. Petersburg's most sought-after neighborhoods! Nestled in one of the highest areas of the city, this home is not in a flood zone and offers a fantastic combination of character, modern updates, and outdoor living space. Key Features Include: Cozy & Spacious Floorplan: With hardwood flooring throughout, this home feels both open and inviting. Renovations Done Right: Major updates were completed in 2018, including a metal roof, concrete board siding, new windows, electrical, and plumbing, ensuring you have peace of mind for years to come. Updated HVAC (2024) for added comfort, along with an Ecobee smart thermostat and surge protector to protect your appliances. Outdoor Living: Step outside and enjoy the large front porch with a swing – perfect for sipping morning coffee or curling up with a good book. The back deck is ideal for entertaining, with a covered pergola for those relaxing evenings. The completely fenced-in yard offers a double lot, giving you ample space for a future pool, expansion, or even a pet-friendly paradise! Plus, there’s side alley access with parking space for added convenience. Modern Kitchen & Appliances: The kitchen is a standout feature with custom soft-close cabinetry, granite countertops, and Samsung stainless steel appliances. A stackable washer/dryer adds to the functionality, making laundry a breeze. Convenience at Your Doorstep: The location is unbeatable! Just 10 minutes to the stunning beaches of St. Pete and a short distance to the vibrant, artsy downtown area filled with restaurants, shops, and cultural events. Central Oak Park, right across the street, offers a playground, and you’re within walking distance to local favorites like Bean Wandering Coffee and Bright Ice. Plus, public transport options are easily accessible, including the SunRunner bus for quick access to both the beach and downtown. Extras to Love: Ring doorbell & security camera for added peace of mind Large shed for storage with tools and extra fence planks All outdoor furniture on the front and back porch can stay if desired Bonus: Fire pit, lawnmower, hurricane shutters & more! This home truly has it all – from the charming details to the modern updates, to the prime location. Don’t miss out on this amazing opportunity to live in one of the most desirable areas in St. Petersburg! Ready to make it yours? Schedule a tour today!

Details

Property type

Single Family Residence

Est. home value

$376,216

Lot size

6,351 sq ft

Price per sq ft

$460

Year built

1927

Annual property taxes

$3,420.74

HOA

No

Price History

12/24/2024
StellarMLS

StellarMLS #TB8332643

Listed
$400,000
+66.67%
10/23/2020
StellarMLS

StellarMLS #U8096998

Sold
$240,000
+33.33%
03/16/2018
StellarMLS

StellarMLS #U7851862

Sold
$180,000

Schools & Community

Neighborhood: 

Central Oak Park

Elementary school: 

Woodlawn Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

St. Petersburg 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

$171,924
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$196,076
Cash to seller
$171,924

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

Seller’s Loan History

Lender

First Federal Bank

Loan start date

October 2020

Original loan amount

$216,000

Est. remaining balance

$196,076

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Catherine J Gerber and Gregory A Gerber

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: 12/24/2024 at 11:35 PM

Listing updated: 12/24/2024 at 3:24 PM

Listed by: BEBE Ocano, RE/MAX REALTY UNLIMITED Phone #: (727) 280-9996

MLS: StellarMLS #TB8332643

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