We buy sinkhole homes! Call 813-239-2158

2550 3rd Avenue North; St Petersburg, Fl. 33713
 


Pinellas County Property for Sale!
$125,000 Firm
 

See a map of this property!
 

·        3 Br 1 Bath 1356 sqft +/-

·        Total Remodel Needed!

·        Frame Bungalow

·        2 Car Garage!

·        Built 1932

·        Site 50' x 127'

 

   

Estimated Sale Price  

 

$209,000.00

 
 

Purchase price of property 

 

($125,000.00)

  
 

Estimate of closing cost

  

($1,299.00)

  
 

Estimate of repair cost      

 

($28,000.00)

  
 

Total purchase & costs      

 

($154,299.00)

  
 

Equity Available-Cash Deal

  

$54,701.00

 
         

Can I finance a portion of this purchase?    YES!!!
Hard money loan-based on 5 points, 18% interest only, (LTV 69%)
Credit score needed 650
     
  Available Funding for this property  

$144,210.00

 
  Loan fees & additional closing cost 

$10,816.00

 
  The monthly payment on this loan

$2,163.00

 
  Cash needed to complete this home

$25,805.00

 
     

How will borrowing affect my equity position?     

$38,985.00

 
Click Pictures to
Enlarge!

COMPS IN THE AREA

1. 2328 DARTMOUTH 3-BED 2-BATH 1,412 SQ.FT. BUILT IN 1925 SOLD FOR $214,000 ON 03/04/04
2. 2651 2ND AVE N 2-BED 1-BATH 1,302 SQ.FT. BUILT IN 1925 SOLD FOR $206,000 ON 06/03/04
3. 432 22ND ST N. 2-BED 2-BATH 1,235 SQ.FT. BUILT IN 1925 SOLD FOR $204,000 ON 05/25/04
4. 3044 3RD AVE N 2-BED 2-BATH 1,129 SQ.FT. SOLD FOR $191,000 ON 07/22/04
 
 
 
 
#1  Call our office NOW!!!
#2  Sign our contract and give us $2,500.00 deposit. 
#3  Close in 10 -14 days, if not sooner!
 
Quality Homes and this website owner assume no responsibility for the information provided here on this site.  Please confirm any and all info you feel relevant.
Quality Homes Inc.
      
Email  zzzz  
 

Call Louis Dias on his cell phone  941-875-8532

07/16/2010
 


 

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