NOT LISTED FOR SALE

3715 40th Ave N Saint Petersburg, FL 33714

Estimated Value: $225,000 - $327,505

3 Beds
3 Baths
842 Sq Ft
$322/Sq Ft Est. Value

Last Sold March 20, 2024

Last sale price $235,000 $279 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,700/month

33 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Bungalow
  • St. Petersburg High School Rated A
  • Enclosed Patio or Porch
  • Terrazzo Flooring

About This Home

As of March 2024

Nothing else like this available at this price. Income producing property: FULLY RENTED, money making cow. Current income $2,900 per month or could be more? First unit: 1 bed 1 bath: rental income $1,100 per month. Second Unit: 2 bed 1 bath: rental income $800(low rent - need to raise rent). Third unit: studio/efficiency: rental income $1,000 per month. Single family home been sub-divided into three rental units. New exterior paint. Interior needs update or rent it as-is. Plenty of parkings and room for yard/gardening. Located in the prime location of St. Petersburg, right off 38th Ave N, 3 minutes to I-275, 22 minutes to TPA, 9 minutes to downtown St. Pete, 19 minutes to Madeira Beach, minutes to grocery stores and all other amenities. This is excellent for a monthly passive income. Book your appointment today before it's gone!

Last Agent to Sell the Property

Ty Lamthach

DALTON WADE INC Brokerage Phone: 888-668-8283 License #3445208 Listed on: 01/13/2024

DALTON WADE INC

Last Buyer's Agent

Al Kadury

AFFORDABLE REALTY & PROP MGMT License #3375468

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,300

Year Built

  • Built in 1957

Lot Details

  • 6,987 Sq Ft Lot
  • South Facing Home
  • Board Fence
  • Cleared Lot
  • Fruit Trees
  • Garden
  • Property is zoned R-4

Home Design

  • Bungalow
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 842 Sq Ft Home
  • Terrazzo Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Community Details

  • No Home Owners Association
  • North Midway Sub 1 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,300

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 842
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 1486
  • Lot Size Sq Ft: 6987
  • Status: Sold
  • Street Post Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 279.10
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 888-668-8283
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 3
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 78.22

Exterior Features

  • Direction Faces: South
  • Exterior Features: Garden
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12103C0216G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Wall/Window Unit(s)
  • Heating: None
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-4
  • Parcel Number: 03-31-16-60876-003-0150
  • Additional Parcels: No
  • Fencing: Board
  • Lot Features: Cleared
  • Property Attached Yn: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 3300
  • Tax Block: 3
  • Tax Book Number: 9-82
  • Tax Lot: 15

Multi Family

  • Currency Monthly Rent Amt: 2900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2024
Sold by
Affordable Prop Rlty & Mgmt Inc
Bought by
Kaduri Management Llc
Current Estimated Value
$270,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Outstanding Balance
$284,463
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
-$13,587

Purchase Details

Listed on
Jan 13, 2024
Closed on
Mar 20, 2024
Sold by
Nguyen Nancy Ngan
Bought by
3715 40Th Ave N Land Trust
Seller's Agent
Ty Lamthach
DALTON WADE INC
Buyer's Agent
Al Kadury
AFFORDABLE REALTY & PROP MGMT
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%

Purchase Details

Closed on
Jul 12, 2019
Sold by
Le Quyen Thz
Bought by
Nguyen Nancy Ngan

Purchase Details

Closed on
Feb 9, 2016
Sold by
Royer Marie Marthe V and Royer Micheline
Bought by
Le Quyen Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2000
Sold by
Royer Marie Marthe V
Bought by
Royer Marie Mart
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaduri Management Llc $360,000 Bridge Title
3715 40Th Ave N Land Trust $235,000 Bridge Title
3715 40Th Ave N Land Trust $235,000 Bridge Title
Nguyen Nancy Ngan -- None Available
Le Quyen Thi $60,000 Fidelity Natl Title Of Flori
Royer Marie Mart -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaduri Management Llc $288,000
Previous Owner Le Quyen Thi $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Sold $235,000 -11.3% $279 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $265,000 0.0% $315 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $265,000 -- $315 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,300 $248,719 $130,240 $118,479
2023 $3,300 $202,322 $128,227 $74,095
2022 $2,707 $120,144 $92,948 $27,196
2021 $2,458 $95,162 $0 $0
2020 $2,358 $89,610 $0 $0
2019 $2,036 $78,118 $45,464 $32,654
2018 $1,863 $67,058 $0 $0
2017 $1,498 $52,830 $0 $0
2016 $1,337 $46,961 $0 $0
2015 $1,230 $41,284 $0 $0
2014 $1,201 $42,788 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3497053

Stellar MLS

APN: 03-31-16-60876-003-0150