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$135,000

Beds
2
Baths
2.0
sq ft
915

5975 Terrace Park Dr N Unit 108, Saint Petersburg, FL 33709

5975 Terrace Park Dr N Unit 108

SAINT PETERSBURG, FL 33709

  • 135 days on market
    • Price drop $5,000↓
MILESTONE inspection has been completed! Enjoy the carefree life in this nicely updated, first floor, two bedroom, two bath, 55+ condo – no more worries about maintaining the yard, painting the exterior, replacing the roof or taking care of the pool! It’s all done for you here. All floors in this unit are either luxury plank vinyl or tile with 5 1/4" baseboards; the A/C was new in 2017 and the electric panel replaced in 2023. The master bathroom has a tiled, walk-in shower and the kitchen has been tastefully updated with newer appliances and a pantry. You even have a screened back porch with a view of your private, landscaped fountain! Condo fees include cable, internet, gas (for heat, hot water & cooking), water, sewer, trash, exterior maintenance and reserves. The Fairview building is at the back of the complex so you have no traffic except the people who live in the building. This conveniently located community has six swimming pools, two clubhouses, tennis courts, shuffleboard, horseshoes and lots of planned groups, dinners and activities. The Fairview building is in a quiet location at the back of the complex so you have no traffic except for those who live in the building. Five Towns is just minutes to the Gulf Beaches, shopping, restaurants, sports, museums, theaters and the Tampa International Airport. This community has 6 pools, 2 clubhouses, tennis, shuffleboard and lots of activities!

Details

Property type

Condominium

Est. home value

$167,812

Lot size

1.14 acres

Price per sq ft

$148

Year built

1980

Annual property taxes

$702.06

Monthly HOA fee

$693.15

Price History

09/27/2024
StellarMLS

StellarMLS #U8247197

Price change
$135,000
-3.57%
08/16/2024
StellarMLS

StellarMLS #U8247197

Price change
$140,000
-3.45%
07/22/2024
StellarMLS

StellarMLS #U8247197

Price change
$145,000
-3.33%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s)

Senior community center: 

Yes

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

$54,829
Asking price
$135,000
Closing costs (~8% of asking)
-$10,800
Est. remaining loan balance
-$69,371
Cash to seller
$54,829

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

Seller’s Loan History

Lender

On Q Financial Inc

Loan start date

September 2021

Original loan amount

$74,500

Est. remaining balance

$69,371

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Robert E Mailhiot and Francine E Mailhiot

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 10:55 AM

Listing updated: 11/04/2024 at 3:51 PM

Listed by: Ted Tomas, COLDWELL BANKER REALTY Phone #: (727) 381-2345

MLS: StellarMLS #U8247197

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