tomo logo

$190,000

Beds
2
Baths
1.0
sq ft
667

507 Summit St, Largo, FL 33770

507 Summit St

LARGO, FL 33770

  • 86 days on market
    • Price drop $9,900↓
CASH ONLY! Fabulous Downtown Largo Re-development area with some beautifully new-built craftsman bungalows along cobblestone streets in this rustic, low-traffic neighborhood, surrounded by majestic oakwood trees, walking distance to downtown Largo stores, school, restaurants and bars. No flood, no evacuation zone. Cute 1934-built 2-bedroom 1-bath 667 htd. sqft. frame home features newer windows, doors & "Goodman" A/C in 2015, Hot Water Heater in 2014, 125-Amp Cutler-Hammer Electric Panel Box with copper wiring in 2008, Modified Bitumen Roof in 2012, & a quaint screened front entry porch. Home will need remodeling inside (i.e. bathroom, bedroom carpets) & improved landscape outside. It will also need new plumbing. CASH ONLY! All fenced in 49 x 59 lot with storage shed in most desirable area with lots of character. Property was treated for drywood termites and is strictly sold AS IS - CASH ONLY. See Wind Mitigation and 4-Point Insurance Inspection reports, Turner Pest Control Information in MLS attachments.

Details

Property type

Single Family Residence

Est. home value

$210,387

Lot size

2,945 sq ft

Price per sq ft

$285

Year built

1934

Annual property taxes

$459.94

HOA

No

Price History

10/31/2024
StellarMLS

StellarMLS #U8253454

Price change
$190,000
-4.95%
10/28/2024
StellarMLS

StellarMLS #U8253454

Pending
$199,900
10/16/2024
StellarMLS

StellarMLS #U8253454

Price change
$199,900
-0.05%

Schools & Community

Elementary school: 

Mildred Helms Elementary-PN

Middle school: 

Largo Middle-PN

High school: 

Largo 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

$130,420
Asking price
$190,000
Closing costs (~8% of asking)
-$15,200
Est. remaining loan balance
-$44,380
Cash to seller
$130,420

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

Seller’s Loan History

Lender

Grow Financial Fcu

Loan start date

May 2015

Original loan amount

$55,900

Est. remaining balance

$44,380

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Roberta Benson

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: 11/08/2024 at 6:00 AM

Listing updated: 10/31/2024 at 2:40 PM

Listed by: Lucy Scheuringer, REALTY CONCEPTS OF PINELLAS Phone #: (727) 804-5104

MLS: StellarMLS #U8253454

StellarMLS logo

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