1407 N Osceola Ave, Clearwater, FL 33755

3 beds, 2 baths, 1,293 sqft
Sold: $75,000
Sold on 06/18/13
Zestimate®: $77,328
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THIS IS AN INVESTOR'S DREAM!!! 1930 Craftsman Bungalow with 2 bed, 1 bath, @1,000 sf and detached 1 car garage/workshop with 1 bed, 1 bath @350 sf apartment above. Property is zoned as a multi-family/ single family w/more than 1 home per parcel. Property is in need of rehab/restoration and there is SERIOUS INCOME POTENTIAL here! Restored bungalow 2 doors down sold 3/21/13 for $164.37/sf without garage or apt and almost identical restored property w/ garage apt on Engman sold for $218,000 in late 2012. These are only two of recently sold comparables! Most of the demo has been done, and some construction has been started but not completed. There is currently an open construction permit and some inspections have been completed. Main house has original windows with distorted glass, original wood flooring, original baseboards and molding, original doors with glass knobs, and wood burning fireplace. Property has been deemed uninhabitable by the City of Clearwater due to disputes with the previous owner over maintenance of the property, not because of the structural condition of the house. HURRY AND MAKE YOUR CASH ONLY OFFER!!! WITH THE SHORTAGE OF INVESTMENT PROPERTIES CURRENTLY ON THE MARKET, THIS DEAL WILL NOT LAST LONG!!!!  MoreLess
 
Facts
  • Lot: 6,100 sqft
  • Single Family
  • Built in 1930
  • Last sold: Jun 2013 for $75,000
  • Price/sqft: $58
Features
  • Flooring: Hardwood
  • Parking: Garage - Attached, 1 space, 180 sqft
Construction
  • Construction quality: 4.0
  • Roof type: Other
  • # Stories: 1.0
  • Structure type: Other
Other
  • Floor size: 1,293 sqft
  • Last remodel year: 1966
  • Lot depth: 122
  • Lot width: 50
  • Parcel #: 092915127260000070
  • Zillow Home ID: 81398551
Home Values
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$77,328
-$29,619 Last 30 daysd
$66K
$93K
Zestimate range
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$1,132/mo
+$31 Last 30 daysd
$894
$1.3K
Zestimate range
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Neighborhood for 1407 N Osceola Avenue

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Zillow predicts 33755 home values will rise 3.2% next year, compared to a 3.3% increase for Clearwater as a whole. Among 33755 homes, this home is valued 37.4% less than the midpoint (median) home, and is valued 37.6% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In the 33755 market, the number of foreclosures waiting to be sold decreased 69.6% in the last year. The number of unsold foreclosures is 47.9% higher than in Clearwater, and 111.9% greater than the national average. This higher local number may prevent 33755 home values from rising as quickly as other regions in Clearwater.

Learn more about forecast calculations or 33755 home values.
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