tomo logo

$425,000

Beds
4
Baths
2.0
sq ft
1,878

5700 Bayou Grande Blvd NE, Saint Petersburg, FL 33703

5700 Bayou Grande Blvd NE

ST PETERSBURG, FL 33703

  • 36 days on market
    • Price drop $75,000↓
Amazing investment opportunity!! CASH ONLY NO ASSIGNMENTS! Shore Acres home being sold AS IS! This home was flooded by hurricane Helene and has been remediated and is ready to renovate or rebuild! This is an open split floor plan with 4 bedrooms and 2 baths. A screened pool and outdoor entertaining area. A spacious 2 car garage allows plenty of space for cars and recreational toys! This neighborhood is minutes from downtown and offers a recreational center, Denver Park is within walking distance. Minutes to Publix, Whole Foods, Trader Joe's, and Mariner's Market. Many new construction homes are already being built in this neighborhood and selling for $1.5 million and up! Rebuild or Renovate! This home is ready!

Details

Property type

Single Family Residence

Est. home value

$692,786

Property condition

Fixer

Lot size

0.23 acres

Price per sq ft

$227

Year built

1970

Annual property taxes

$941,317

HOA

No

Price History

11/08/2024
StellarMLS

StellarMLS #TB8310509

Listed
$425,000
10/25/2024
StellarMLS

StellarMLS #TB8310509

Pending
$425,000
10/23/2024
StellarMLS

StellarMLS #TB8310509

Price change
$425,000
-15%

Schools & Community

Neighborhood: 

Mangrove Bayou

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

Community features: 

Park, Playground

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

-$41,029
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$432,029
Cash to seller
-$41,029

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

Seller’s Loan History

Lender

Regions Bank

Loan start date

March 2021

Original loan amount

$479,750

Est. remaining balance

$432,029

Interest rate

2.73%

Loan type

New Conventional, 26 year

Seller

Austin G Bonner and Kerri Peterson

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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Pending
StellarMLS
$425,000
4 bd
|
2 ba
|
1,966 sq ft
|
House

5301 Venetian Blvd NE, Saint Petersburg, FL 33703

Status: Active

Tomo last checked: 11/19/2024 at 8:35 AM

Listing updated: 11/08/2024 at 5:03 PM

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

MLS: StellarMLS #TB8310509

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