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$425,000

Beds
2
Baths
2.0
sq ft
1,254

6400 Bayou Grande Blvd NE, Saint Petersburg, FL 33702

6400 Bayou Grande Blvd NE

ST PETERSBURG, FL 33703

  • 18 days on market
**THIS PROPERTY HAS FLOOD DAMAGE FROM HURRICANE HELENE** This mid-century modern family home is offered AS IS. Nestled in Tanglewood, a fantastic location that provides a suburban residential setting with local parks and schools while still having easy access to Downtown St. Petersburg. The home is currently set up as a 2-bedroom home as the owners did not need the original 3rd bedroom and wanted to maximize the living area. However, it can easily be changed back to a 3-bedroom home. The post-hurricane repair and clean-up have already been completed, giving the next owner a blank canvas to work with. The backyard is a true tropical oasis, with a beach style, walk-in pool, and plenty of palms; it's an area made for relaxing. Home is offered at a fraction of its full market value comparative market analysis, giving you plenty of meat on the bone for a savvy buyer or investor to bring the home back to its former glory. Alternatively, the lot can comfortably accommodate a larger, new-construction single-family house if this avenue is more appealing to the next owner.

Details

Property type

Single Family Residence

Est. home value

$669,960

Lot size

9,248 sq ft

Price per sq ft

$339

Year built

1969

Annual property taxes

$7,476

HOA

No

Price History

10/18/2024
StellarMLS

StellarMLS #TB8312556

Listed
$425,000

Schools & Community

Neighborhood: 

Tanglewood

Elementary school: 

Shore Acres Elementary-PN

Middle school: 

Meadowlawn Middle-PN

High school: 

Northeast High-PN

Community features: 

None

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

$14,212
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$376,788
Cash to seller
$14,212

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

Seller’s Loan History

Lender

Go Mortgage Llc

Loan start date

January 2022

Original loan amount

$400,000

Est. remaining balance

$376,788

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

David Kuoch and Amy Gayheart

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: 11/05/2024 at 3:35 AM

Listing updated: 10/19/2024 at 6:55 AM

Listed by: James Silver, COMPASS FLORIDA LLC Phone #: (727) 339-7902

MLS: StellarMLS #TB8312556

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