tomo logo

$600,000

Beds
3
Baths
2.0
sq ft
1,224

4402 W Lancaster St, Tampa, FL 33616

4402 W Lancaster St

TAMPA, FL 33616

  • 36 days on market
    • Price drop $75,000↓
Great Investment opportunity in South Tampa! This Large 0.34 acre property consisting of four lots located on the intersection of Manhattan and Lancaster is Zoned CN, "Commercial Neighborhood". Providing endless opportunity for development in desired South Tampa only minutes away from Mcdill, Dale Mabry, Picnic Island park, Bayshore, Gandy and great local restaurants. The existing 3 Bedroom, 2 Bath home presents a canvas for renovations or total redevelopment. Schedule your private showing today!

Details

Property type

Single Family Residence

Est. home value

$414,290

Property condition

Fixer

Lot size

0.34 acres

Price per sq ft

$491

Year built

1953

Annual property taxes

$6,184

HOA

No

Price History

11/18/2024
StellarMLS

StellarMLS #TB8311198

Price change
$600,000
-11.11%
10/17/2024
StellarMLS

StellarMLS #TB8311198

Listed
$675,000
+311.59%
01/23/2015
StellarMLS

StellarMLS #T2622260

Sold
$164,000
+17.14%

Schools & Community

Neighborhood: 

Gandy-Sun Bay South

Elementary school: 

West Shore-HB

Middle school: 

Madison-HB

High school: 

Robinson-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

$451,498
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$100,502
Cash to seller
$451,498

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

January 2015

Original loan amount

$127,000

Est. remaining balance

$100,502

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Adam Nguyen and Mydung T Phan

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: 11/21/2024 at 11:40 PM

Listing updated: 11/18/2024 at 11:33 AM

Listed by: Chase Reilly, COLDWELL BANKER REALTY Phone #: (813) 286-6563

MLS: StellarMLS #TB8311198

StellarMLS logo

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