tomo logo

$600,000

Beds
3
Baths
3.0
sq ft
2,520

5440 113th St, Seminole, FL 33772

5440 113th St

SEMINOLE, FL 33772

  • 148 days on market
    • Price drop $70,000↓
Are you looking for a single family home with an In-Law suite or an Incredible Income Producing Property in Unincorporated Seminole with NO Rental Restrictions? If so this is the house for you! Option 1: Live in the entire house with plenty of room for a large family. Option 2: Live upstairs and let the in-laws have their own private space downstairs. Option 3: Rent the downstairs apartment while you live upstairs. Option 4: Rent out the 2 units separately. The options are yours. The current owner has the house divided into 2 living spaces that he has very successfully rented out through Air BnB. Just 2 miles to the beautiful beaches of Madeira Beach, centrally located to shopping, restaurants, and a short 30 minute drive to Tampa International Airport. The home is equipped with 2 kitchens, one upstairs and one for the downstairs unit. So the property includes 2 refrigerators, 2 microwaves, 2 electric ovens, 2 garbage disposals, 1 dishwasher, 1 washer and dryer. Upon entering the house you will be greeted in the living room with a fireplace to enjoy on our chilly December nights and delighted with the open feeling as the ceiling extends to the second level. The upper level has a sunny family room, dining room and kitchen with an eat in bar. Across the house are the primary bedroom and guest bedroom with a private ensuite bath and a full hall bath. The lower level of the house has a full kitchen with a breakfast bar, living room, a full bathroom, nice sized bedroom and a bonus room with a huge storage space. This bonus room is used as another sleeping room and it is completely private. The garage is a large 2 car garage with laundry area and a 10x6' storage room. There are 2 compressors, one 3.5 ton unit replaced in 2019 and a 1.5 ton unit replaced in 2018. The water heater was new in 2018 and has a warranty until Nov. 6, 2024. The shingle roof was new in 2018. So whether you are looking for a home for your family, need an apartment for your in-laws or to rent out, or you are looking for an income producing property this is the house for you!

Details

Property type

Single Family Residence

Est. home value

$661,762

Lot size

7,536 sq ft

Price per sq ft

$239

Year built

1972

Annual property taxes

$7,501.42

Price History

05/01/2024
StellarMLS

StellarMLS #U8240296

Price change
$600,000
-10.45%
04/25/2024
StellarMLS

StellarMLS #U8240296

Listed
$670,000
-0.74%
01/19/2024
StellarMLS

StellarMLS #U8217675

Removed
$675,000

Schools & Community

Elementary school: 

Seminole Elementary-PN

Middle school: 

Seminole Middle-PN

High school: 

Seminole 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

$299,629
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$252,371
Cash to seller
$299,629

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

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

September 2019

Original loan amount

$351,500

Est. remaining balance

$252,371

Interest rate

3.18%

Loan type

New Conventional, 15 year

Seller

Shawn A Cismowski

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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11913 67th Ave, Seminole, FL 33772

Status: Active

Tomo last checked: 09/19/2024 at 8:05 PM

Listing updated: 09/10/2024 at 3:35 PM

Listed by: Chris Price, KELLER WILLIAMS ST PETE REALTY Phone #: (727) 894-1600

MLS: StellarMLS #U8240296

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