tomo logo

$249,000

Beds
4
Baths
2.0
sq ft
1,396

709 E Lotus Ave, Tampa, FL 33612

709 E Lotus Ave

TAMPA, FL 33612

  • 3 days on market
Attention Opportunity Seekers! Don’t miss this chance to restore and capitalize on a great property. This 4-bed, 2-bath home (1,396 sqft) with a DETACHED 1 bed, 1 bath IN LAW suite (400 sqft) offers a prime FIXER UPPER opportunity on an OVERSIZED lot, perfect for those ready to roll up their sleeves and unlock its full potential. The main house, renovated in 2022 with crawlspace repairs by LRE, plumbing updates, and new sub-flooring and laminate flooring, is in need of significant repairs due to tenant damage. The in-law suite was last leased in 2023 for $1,005/mo, and the main house was leased for $1,950/mo in 2024. Both units share one meter and a flat fee for utilities was baked into these rates. All offers must include attached disclosures and proof of funds. Schedule your showing today and don’t miss out on this opportunity to bring this property back to life! SOLD AS-IS, CASH ONLY, NO SIGHT UNSEEN offers will be considered.

Details

Property type

Single Family Residence

Est. home value

$299,265

Property condition

Fixer

Lot size

0.24 acres

Price per sq ft

$179

Year built

1953

Annual property taxes

$3,404.91

HOA

No

Price History

12/19/2024
StellarMLS

StellarMLS #TB8331807

Listed
$249,000
+977.92%
05/29/2009
StellarMLS

StellarMLS #T2357958

Sold
$23,100
-84.07%
10/25/2005
StellarMLS

StellarMLS #T2109028

Sold
$145,000

Schools & Community

Neighborhood: 

North Tampa

Elementary school: 

Forest Hills-HB

Middle school: 

Memorial-HB

High school: 

Chamberlain-HB

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Visio Financial Services Inc

Loan start date

January 2020

Original loan amount

$145,340

Est. remaining balance

Not provided

Interest rate

7.22%

Loan type

New Conventional, 30 year

Seller

Wininc Llc

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?

Status: Active

Tomo last checked: 12/22/2024 at 4:05 AM

Listing updated: 12/20/2024 at 6:54 AM

Listed by: Carey Lewis, LPT REALTY Phone #: (877) 366-2213

MLS: StellarMLS #TB8331807

StellarMLS logo

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