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$389,000

Beds
2
Baths
1.5
sq ft
1,130

56 W Park St, Tarpon Springs, FL 34689

56 W Park St

TARPON SPRINGS, FL 34689

  • 4 days on market
    • Open house Nov 24
Nestled in the heart of the Tarpon Springs historic district, this timeless 1920 bungalow exudes character and charm. With 2 bedrooms, 1 full bath, and 1 half bath, this home seamlessly blends original details with thoughtful modern updates. The primary bedroom showcases plush carpeting over the original pine flooring, while the living and dining rooms feature stunning solid oak floors installed in 2005. A classic built-in bookcase divider adds vintage charm between the living and dining areas. Updates include new electrical wiring and panel (2019), and hurricane-resistant double-pane windows. The appliances are all brand new. The roof and the A/C were replaced in 2013, and the water heater in 2019. The original wood siding has been upgraded to Hardie Plank Board, with R-30 insulation added for energy efficiency. The inviting front porch retains its original tile, perfect for enjoying the neighborhood's historic ambiance. The beautifully landscaped lot boasts a bougainvillea, mature greenery, and a fully fenced backyard with multiple storage units. This home is ideally located just 0.4 miles from Spring Bayou, a favorite winter gathering spot for Florida’s manatees. A short 0.5-mile stroll takes you to the iconic Tarpon Springs Sponge Docks, known for its unique shops and restaurants. Historic downtown is also nearby, offering delightful dining, shopping, and access to the Pinellas Trail for biking, walking, or jogging. Plus, the area’s stunning beaches are just a short drive away. Discover the charm of this historic gem—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$287,070

Lot size

5,005 sq ft

Price per sq ft

$345

Year built

1920

Annual property taxes

$4,403.28

HOA

No

Price History

11/19/2024
StellarMLS

StellarMLS #TB8321882

Listed
$389,000
+47.91%
05/31/2023
StellarMLS

StellarMLS #T3431143

Sold
$263,000

Schools & Community

Elementary school: 

Tarpon Springs Elementary-PN

Middle school: 

Tarpon Springs Middle-PN

High school: 

Tarpon Springs 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

$103,971
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$253,909
Cash to seller
$103,971

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

Seller’s Loan History

Lender

The Mortgage Firm Inc

Loan start date

May 2023

Original loan amount

$258,236

Est. remaining balance

$253,909

Interest rate

6.27%

Loan type

FHA, 30 year

Seller

Eric Michael Stob and Gabrielle Lesniak

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: 11/23/2024 at 1:50 AM

Listing updated: 11/19/2024 at 1:09 PM

Listed by: Sylvia Haddad, REDFIN CORPORATION Phone #: (617) 458-2883

MLS: StellarMLS #TB8321882

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