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$245,000

Beds
3
Baths
1.0
sq ft
882

5018 Chancellor St NE, Saint Petersburg, FL 33703

5018 Chancellor St NE

ST PETERSBURG, FL 33703

  • 38 days on market
    • Price drop $5,000↓
Investment opportunity! This home is being sold as-is; cash buyers only as it was flooded by Hurricane Helene and is ready to renovate, raise, or rebuild. This home had never flooded before Hurricane Helene and is just a few minutes from Denver Park, the new Shore Acres Recreation Center, Whole Foods, Publix, and many restaurants. It's only a 10-minute drive to downtown St. Pete or I-275. Many new construction homes in the neighborhood are selling for $1.3-2.5 million.

Details

Property type

Single Family Residence

Est. home value

$318,289

Lot size

5,275 sq ft

Price per sq ft

$278

Year built

1957

Annual property taxes

$2,047.44

HOA

No

Price History

11/29/2024
StellarMLS

StellarMLS #TB8319829

Price change
$245,000
-2%
11/15/2024
StellarMLS

StellarMLS #TB8319829

Listed
$250,000
+31.79%
07/17/2020
StellarMLS

StellarMLS #T3239394

Sold
$189,700
+146.36%

Schools & Community

Neighborhood: 

Shore Acres

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast 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

$53,715
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$171,685
Cash to seller
$53,715

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

Seller’s Loan History

Lender

Usaa Fsb

Loan start date

July 2020

Original loan amount

$189,700

Est. remaining balance

$171,685

Interest rate

3.15%

Loan type

VA, 30 year

Seller

Toni A Clark

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 7:55 PM

Listing updated: 11/29/2024 at 11:39 AM

Listed by: Allison Mawhinney, NEXTHOME LUXE COASTAL Phone #: (727) 315-0315

MLS: StellarMLS #TB8319829

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