3002 E Elm STREET, Tampa, FL, 33610 | $375,000

PLEASE DO NOT MISS THIS GREAT OPPORTUNITY! This charming mid-century ranch-style property, built in 1957, offers a unique opportunity for investors to create value with a modern upgrade while preserving its charming original features. Nestled on a corner lot, in a well-established neighborhood, the property features 3 bedrooms and 1 and half bathrooms, with approximately 1, 472 square feet of living space on a spacious lot. The home boasts large picture windows for natural light, a spacious living room and original Terrazzo floors may be throughout under carpeting which can be enhanced to appeal to today’s buyers or tenants. The kitchen includes updated cabinets and stone countertops. Structural bones are sound, but updates could increase property value and appeal. This is an Ideal home for the first-time buyer and owner-occupied buyer of home in need of improvements. The renovation loan allows the buyer to purchase this home “as is” and the buyer make the improvements to meet the buyer’s idea of their dream home. Contact your lender about an FHA 203K Renovation Program, or a Fannie Mae “Homestyle Renovation” or a VA Renovation Program. This property offers a generous backyard and large screened patio to enjoy family gathering or delight in a cup of morning coffee. This property is located close to parks, schools, and shopping. Whether you’re looking to flip, rent, or hold, this property promises a strong rate on your return in a desirable area with appreciating values. Do not wait, schedule an appointment to view your next property!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 71 x 100
  • Laundry: Laundry Room
  • Style: Contemporary
  • Year Built: 1957
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,472
  • Acreage: 0.16
  • Lot Size: 71 x 100
  • Est. Taxes: $3,014
  • Lot Desc: Corner Lot
  • Elem. School: Sheehy-HB
  • Middle School: Sligh-HB
  • High School: Hillsborough-HB
  • Appliances: Microwave, Range, Refrigerator
  • MLS#: TB8314059
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/TB8314059/3002eelmstreet_tampa_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/14/2024 10:37:15 AM)
Listing courtesy of CHARLES RUTENBERG REALTY INC   Phone: 727-538-9200

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3002 E Elm STREET, Tampa, FL, 33610

$375,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $300,000 $300,000 $300,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment $251 $251 $251
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,047 $1,994 $2,530
Total Monthly Payment $2,373 $2,320 $2,856

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.