tomo logo

$469,000

Beds
3
Baths
2.5
sq ft
1,801

87 1st Ave NW, Lutz, FL 33548

87 1st Ave NW

LUTZ, FL 33548

  • 46 days on market
    • Price drop $16,000↓
Tucked away on the peaceful shores of Lutz Lake, this .59-acre property sits at the end of a dead-end street in downtown Lutz. This two-story home offers 1,801 sq ft of living space, featuring 3 bedrooms, 2.5 baths, a loft, and a 2-car garage. As you approach, an extensive walkway leads to the driveway and side entry 2-car garage. The front exterior boasts Hardy board siding with a brick façade welcoming you to the front porch and covered entrance. Inside, the foyer opens to a sunken living room with soaring ceilings, a wood-burning fireplace surrounded by tile and a ceiling fan. The primary suite is located just off the foyer and features glass doors leading out to the screen-enclosed rear porch area, along with an ensuite bath that includes two side by side vanities, a walk-in closet, an additional closet, a linen closet, and a tiled shower with contrasting Listello pattern and bench seat. A large picture window in the primary bath offers a view of the private walled garden outside. The spacious kitchen updated in 2013 offers wood cabinetry, granite countertops, an under-cabinet wine rack, and a full suite of appliances. A walk-in pantry which extends way back under the staircase offers ample storage space. Adjacent to the kitchen is the dining area complete with French doors leading to the screened rear deck. A convenient half bath is also located on the main floor. Upstairs, a skylight illuminates the staircase, which leads to a large loft area, two additional generously sized bedrooms-one with a walk-in closet-and a secondary bath. The lush backyard features a park-like setting with an extended property line and a walkway along the water, perfect for launching a kayak or Johnboat to explore the beauty of Lutz Lake. Recent upgrades to this home include a water heater 2019, a roof replacement in 2018, A/C installation in 2014, new flooring 2014, French doors added in 2012, and bathroom remodels completed between 2014-15. Easy access to US41, I-275, Suncoast Expressway, shopping, dining and entertainment, Tampa Premium Outlet Mall. Don’t delay, schedule your appointment today.

Details

Property type

Single Family Residence

Est. home value

$454,556

Lot size

0.59 acres

Price per sq ft

$261

Year built

1988

Annual property taxes

$2,778.66

HOA

No

Price History

10/23/2024
StellarMLS

StellarMLS #TB8305274

Price change
$469,000
-3.3%
09/20/2024
StellarMLS

StellarMLS #TB8305274

Listed
$485,000
+542.38%
11/05/2010
StellarMLS

StellarMLS #T2422914

Sold
$75,500

Schools & Community

Elementary school: 

Lutz-HB

Middle school: 

Buchanan-HB

High school: 

Steinbrenner High School

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

Reverse Mortgage Funding Llc

Loan start date

June 2017

Original loan amount

$412,500

Est. remaining balance

Not provided

Interest rate

4.48%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 76 year

Seller

James D Wimbish and Donna J Wimbish

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?

Similar Homes Nearby

Price drop
StellarMLS
$419,900
3 bd
|
2.5 ba
|
1,950 sq ft
|
House

18410 Sterling Silver Cir, Lutz, FL 33549

StellarMLS
$524,900
3 bd
|
2.5 ba
|
2,143 sq ft
|
House

1949 Parterre Ave, Lutz, FL 33558

StellarMLS
$410,000
3 bd
|
2.5 ba
|
2,172 sq ft
|
Townhouse

122 Grande Villa Dr, Lutz, FL 33548

Status: Active

Tomo last checked: 11/05/2024 at 2:30 PM

Listing updated: 10/23/2024 at 11:54 AM

Listed by: Jennifer Dobbs, MIHARA & ASSOCIATES INC. Phone #: (813) 960-2300

MLS: StellarMLS #TB8305274

StellarMLS logo

Recently listed in LUTZ

$685,000|3 bd|2.0 ba|House
$759,905|5 bd|4.5 ba|House
$725,000|5 bd|4.0 ba|House
$625,000|3 bd|2.0 ba|House
$865,000|5 bd|3.0 ba|House
$415,000|3 bd|2.0 ba|House
$399,900|4 bd|2.0 ba|House
$799,000|4 bd|3.0 ba|House
$759,900|5 bd|4.5 ba|House
$409,900|3 bd|2.0 ba|House