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2607 W Watrous Avenue
Tampa, FL 33629
$2,150,000
Conventional
Property
Bedroom
4
Bathroom
5
Property Type
Conventional
Square ft
3220
Property Description
Under contract-accepting backup offers. Nestled in one of the most coveted neighborhoods in South Tampa, New Suburb Beautiful which includes five picturesque streets with stunning oak canopies. Situated on an oversized lot, this Dutch Colonial home is timeless, historically preserved (Tampa Preservation, Inc), and has only had TWO loving owners in the past 45 years! This property is a rare find as it has never been available on the open market until now! Prime, Palma Ceia location, walkability, and A-rated schools (Mitchell, Wilson, Plant) and NOT in a flood zone. The stately façade and meticulous landscaping create an inviting curb appeal, setting the tone for the elegance found within. As you step inside, you will immediately notice original oak flooring, expansive windows with beams of natural light, and elegant fixtures that highlight the thoughtful design that went into every detail of the home. The heart of this home is its updated kitchen, where custom cabinets and state-of-the-art appliances meet modern conveniences. Whether you're a seasoned chef or simply love to entertain, this kitchen will delight you with its functionality and style. Ideally situated at the rear of the home, it features custom 42” cabinetry, quartz countertops, and stainless-steel built-in appliances (WOLF, SUB-ZERO, BOSCH) including THREE ovens, a 36” gas cooktop, warming drawer, ice machine, wine fridge, wet bar, and a beautiful breakfast island for more informal gatherings. Pristine views from French doors off the kitchen overlook a tropical oasis with custom pool, spa, firepit, and covered lanai. The outdoor kitchen/bar area is the perfect setting for evening soirees and weekend get-togethers which boasts granite countertops, a Big Green Egg, built in gas grill, and kegerator. Small, bonus room off the living room which is ideal as a home office, playroom, or homework space. As you head upstairs, you are greeted by three, spacious bedrooms, two of which have en suite bathrooms. The master bathroom includes custom Carrara tile, a claw foot bathtub, and double vanities. Sip your morning coffee from your private, outdoor balcony overlooking the pool area below. Renovated guest quarters are located behind the main home. Just look for the gorgeous, custom, red mahogany, arched garage doors! Versatile, first floor space could be a dedicated game room, theater room, or “man cave”. The possibilities are endless with the 4th bedroom upstairs which can also be utilized as a mother-in-law suite, college student home for the holidays, and/or your private studio space. Addt’l exterior features: an 18X10 workout room that could easily double as storage if desired, lush landscaping, and heated, saltwater pool. Other notable interior features: Crown Molding, Custom Cabinetry, Custom Tiles in wet areas, Custom Light Fixtures/Hardware, and Wood Plantation Shutters throughout. Clear 4-Point inspection (2023), termite fumigation (2022), tankless water heater (2013), and Captura UV Purifier for HVAC (2021). The best part is that your new home is located right in the heart of S. Tampa and within walking distance of some of Tampa's best restaurants, Hyde Park Village, Palma Ceia Golf & Country Club, Bayshore Boulevard, and Downtown Tampa. Convenient to International Mall & Tampa International Airport (15 mins) and easy access to gulf beaches (45 minutes). Welcome home to NSB...where pride of ownership is evident in the meticulous details, maintained by the same owners for the last 20+ years. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1939
MLS Number
T3519930
Location
Address
2607 W WATROUS AVENUE
City
TAMPA
State
FL
Zip Code
33629
County
HILLSBOROUGH (SOUTH)
Listing
Provider
Pierson Property Group, original listing
Name
Pierson Property Group
Phone
(813) 340-4087
Office Name
PIERSON PROPERTY GROUP
Office Phone
(813) 340-4087
Agent Name
Rachel Patterson

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.