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$1,450,000

Beds
7
Baths
5.0
sq ft
6,123

6628 1st St N, Saint Petersburg, FL 33702

6628 1st St N

ST PETERSBURG, FL 33702

  • 285 days on market
    • Price drop $145,000↓
This is a fully renovated property that is a must see to be appreciated. The lakefront home is located in the heart of St Pete and has over 6000 sq ft of living space, 8 car garage, a newer roof, upgraded low-e windows, intricate wood flooring, newer AC systems an ELEVATOR as well as 3 fully self contained mother-in-law units. This is the perfect home for a family to live in or someone that wanted to use it as an investment opportunity. On the lower level you have 2 large mother-in-law units with open concept chefs kitchens, one with an island which leads you through to the large living space and then the large bedroom with lake views. There are 8 spaces for your vehicles on the first level where the owner has converted 2 of them for a gym as well as 3 extra rooms that are used for storage. There is an elevator to gain access upstairs or you can use the very wide private staircase. The 2nd level of the home boasts the main living area with a large kitchen with stainless steel appliances, granite counter tops and opens up to the breakfast nook and formal dining room. The split floorplan gives the large master bedroom a lot of privacy where you can enjoy the lakefront views or relax in the large bathroom with walk in shower. There are 2 more bedrooms in this main area as well as a large great room with high, vaulted ceilings. Also on the second level there is another large rental unit with a full bedroom, bath, kitchen and living area which also has its own private entry way. This home is something that needs to be toured to be fully appreciated.

Details

Property type

Single Family Residence

Est. home value

$967,173

Lot size

0.31 acres

Price per sq ft

$237

Year built

1960

Annual property taxes

$8,949

HOA

No

Price History

12/16/2024
StellarMLS

StellarMLS #P4929577

Price change
$1,450,000
-9.09%
10/11/2024
StellarMLS

StellarMLS #P4929577

Removed
$1,595,000
06/26/2024
StellarMLS

StellarMLS #P4929577

Price change
$1,595,000
-6.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$694,479
Asking price
$1,450,000
Closing costs (~8% of asking)
-$116,000
Est. remaining loan balance
-$639,521
Cash to seller
$694,479

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

July 2020

Original loan amount

$704,480

Est. remaining balance

$639,521

Interest rate

3.21%

Loan type

VA, 30 year

Seller

Robert N Davis

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: 12/22/2024 at 10:10 AM

Listing updated: 12/16/2024 at 11:30 AM

Listed by: David Small, KELLER WILLIAMS REALTY SMART 1 Phone #: (863) 508-3000

MLS: StellarMLS #P4929577

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