NOT LISTED FOR SALE
-- Bed
-- Bath
2,040 Sq Ft
0.26 Acres

Last Sold June 30, 2020

Last sale price $525,000 $257 Per Sq Ft

45 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Cooling System Mounted To A Wall/Window
  • St. Petersburg High School Rated A
  • Built-In Features
  • Inside Utility

About This Home

As of June 2020

You’ve not seen a property like this one in St Pete! Yearly income from this property could reach $58,000 - two out of three units already rented! Live in one house and rent out the others, rent all three for serious income potential (8-9% CAP rate) or use for multi-generational living. Here’s an incredible property in Magnolia Heights neighborhood. The incredible, large garden grounds include mature fruit plants; a cocktail tree (which produces 5 citrus fruits), pineapple, banana, mango, along with many orchids and aloe, all of which are easily maintained using the well supplied irrigation system and various garden areas. An arborist’s dream! Two structures have been completely updated with new roofs, new appliances, new floors, new cabinets, new bathrooms, and more. The 1/1 apartment, with new mini-split systems, has an over-sized two garage space and is currently rented for $1500. The 2/1 on the front right is currently occupied with lease expiring in August. The back left house can be rented for $1800 but is currently unoccupied in case a new owner wants to take occupancy. This listing is for two side-by-side lots containing 3 structures. The Tax ID for the 2nd property is 12-31-16-94428-001-0080. SALE PRICE INCLUDES ADJOINING PROPERTY-1517 35th Ave N. Don’t miss out on this truly unique property in the heart of St Pete!

Last Agent to Sell the Property

Eric Wilson

LPT REALTY, LLC License #3344513 Listed on: 03/27/2020

LPT REALTY, LLC

Last Buyer's Agent

Bradley Chais

KELLER WILLIAMS TAMPA CENTRAL License #3135765

KELLER WILLIAMS TAMPA CENTRAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,351

Year Built

  • Built in 1949

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 42x135
  • Fenced
  • Well Sprinkler System
  • Additional Parcels

Parking

  • 2 Car Attached Garage

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,040 Sq Ft Home
  • Built-In Features
  • Inside Utility
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry in Garage
  • Laundry in Kitchen
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Virginia Heights Subdivision

Building Details

  • Gross Income $57,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,351

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 2040
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1949
  • Lot Size Sq Ft: 11479
  • Number Of Lots: 2
  • Directions to Property: From I275, take the 38th Ave N exit and head east to 16th Street and turn right, at 35th Ave turn left and the property is on the left.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8080102?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8080102?w=Customer
  • Unit Count: 3
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00962
  • Price per Sq Ft: 257.35
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Interior Amenities: Built in Features
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Street Number Modifier: 1511
  • Additional Rooms: Inside Utility
  • Number Of Buildings: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Fenced, Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Public, Sewer Connected, Sprinkler Well
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Laundry Features: In Garage, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Parcel Number: 12-31-16-94428-001-0090
  • Additional Parcels: Yes
  • Lot Dimensions: 42x135
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 57600
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1351.06
  • Tax Block: 1
  • Tax Book Number: 12-42
  • Tax Lot: 9

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $525,000 +1.0% $257 / Sq Ft
05/11/2020 05/11/20 Pending -- -- --
05/03/2020 05/03/20 Price Changed $520,000 -0.6% $255 / Sq Ft
04/26/2020 04/26/20 Price Changed $523,000 -0.2% $256 / Sq Ft
04/11/2020 04/11/20 Price Changed $524,000 -0.2% $257 / Sq Ft
03/27/2020 03/27/20 For Sale $525,000 +43.8% $257 / Sq Ft
01/17/2020 01/17/20 Sold $365,000 +1.4% $179 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $360,000 -- $176 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: U8080102

Stellar MLS

APN: 12-31-16-94428-001-0090