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Under contract-accepting backup offers. 109 W Adalee is a delightful 2 bedroom/1 bathroom home nestled in the vibrant Tampa Heights, mere minutes from Downtown Tampa. The property spans a generous 75-foot by 144-foot lot (10, 640 square feet), offering ample privacy and the potential for expansion. The roof was replaced in 2013, and the AC unit around 2020. In 2024, the original wood flooring was meticulously restored, and the interior received a fresh coat of paint. Upon entering, you'll find a spacious living room adjacent to an equally roomy dining area. Two bedrooms share a beautifully updated bathroom. The kitchen retains its vintage appeal and is bathed in natural light. Adjacent to the kitchen is an extra room, ideal for a secondary living space. Despite its 952 square feet, the home includes an additional 500 square feet ready for conversion, currently housing a utility room and a stunning Florida room with wood-paneled walls, wood ceilings, and restored wood floors. Additionally, there's a large detached shed in the backyard equipped with electricity, perfect for storage or as a small workshop. The street itself adds to the home's charm with its historic brick paving and a mix of new builds and restored historic houses. Located just 5 minutes from Armature Works, Downtown Tampa, and the Riverwalk, this home is a rare find. This home has been immaculately cared for over the last two decades, with the following updates all done with permits: In 2021, the HVAC system and ductwork (BTR-21-0522039) and the plumbing water line (BTR-20-0520018) were replaced. In 2014, the electric system (wiring) was updated (BTR-14-0418752). In 2013, the wastewater piping (BTR-13-0401072), driveway enlargement, and master bathroom remodel (BLD-13-0400001), as well as the roof (BTR-13-0399983) were updated. In 2012, the 40-gallon water heater was replaced (BTR-12-0379265).
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William Raveis Real Estate
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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** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $27 | $27 | $27 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,896 | $1,971 | $2,511 |
Total Monthly Payment | $1,998 | $2,073 | $2,613 |
* 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.