tomo logo

$850,000

Beds
3
Baths
2.0
sq ft
1,372

507 E Davis Blvd, Tampa, FL 33606

507 E Davis Blvd

TAMPA, FL 33606

  • 58 days on market
    • Price drop $100,000↓
It doesn't get better than living 2 blocks from Downtown Davis Islands! Known for it's charming blend of residential living and recreational activities, this unique island neighborhood features tree-lined streets adorned with beautiful homes and a tranquil lifestyle. The area is perfect for outdoor enthusiasts, offering a variety of activities such as sailing, fishing and jogging along scenic waterfront paths. Residents can take advantage of the top rated schools and community amenities, including playgrounds and sports facilities. Located within 5 minutes of Downtown Tampa, Davis Islands offers a peaceful lifestyle within a larger, urban setting. This home is being sold as-is due to flooding from Hurricane Helene. Choose to renovate or tear down to build your dream home in a great location!

Details

Property type

Single Family Residence

Est. home value

$799,377

Property condition

Fixer

Lot size

5,500 sq ft

Price per sq ft

$620

Year built

1972

Annual property taxes

$3,503

HOA

No

Price History

11/01/2024
StellarMLS

StellarMLS #TB8314559

Price change
$850,000
-10.53%
10/25/2024
StellarMLS

StellarMLS #TB8314559

Listed
$950,000
+160.27%
06/16/2006
StellarMLS

StellarMLS #T2162357

Sold
$365,000

Schools & Community

Neighborhood: 

Davis Island

Elementary school: 

Gorrie-HB

Middle school: 

Wilson-HB

High school: 

Plant-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

$485,189
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$296,811
Cash to seller
$485,189

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

Seller’s Loan History

Lender

Suncoast Cu

Loan start date

October 2019

Original loan amount

$332,000

Est. remaining balance

$296,811

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Thomas Gordon Griggs and Anna M Griggs

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?

Similar Homes Nearby

Pending
StellarMLS
$899,000
3 bd
|
2 ba
|
1,526 sq ft
|
House

456 Marmora Ave, Tampa, FL 33606

Price drop
StellarMLS
$850,000
3 bd
|
2 ba
|
1,376 sq ft
|
House

509 E Davis Blvd, Tampa, FL 33606

StellarMLS
$829,000
3 bd
|
2 ba
|
1,521 sq ft
|
Townhouse

760 Coral Reef Dr, Tampa, FL 33602

Status: Active

Tomo last checked: 12/22/2024 at 6:25 AM

Listing updated: 11/01/2024 at 4:51 PM

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

MLS: StellarMLS #TB8314559

StellarMLS logo

Recently listed in TAMPA

$319,000|3 bd|2.0 ba|House
$439,900|3 bd|2.0 ba|House
$425,000|3 bd|2.0 ba|House
$385,000|3 bd|1.0 ba|House
$825,000|3 bd|1.0 ba|House
$160,000|2 bd|2.0 ba|Manufactured
$649,900|4 bd|3.0 ba|House
$549,900|4 bd|2.0 ba|House