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Old Northeast Market Update – Part 2

Southwest Quadrant of Old Northeast

Old Northeast Quadrant 1

As we said in yesterday’s introductory post, the Old Northeast neighborhood has very distinct sections. To start with our individual analyses, we’re looking at the area from 4th Street N east to 1st Street N, and from 5th Avenue N north to 22nd Avenue N. It’s not the “sexiest” part of the neighborhood, but it’s often where you can get “more bang for your buck.”

The homes in this area tend to be a bit smaller, with a vast majority being the cute bungalow style. Particularly as you get closer to busy 4th Street, there are not as many homes that have been remodeled as in other parts of the neighborhood, which contributes to a lower average sale price (currently $327,359 for 2013 year-to-date, 29% lower than the Old Northeast as a whole, and 38% lower than the quadrant east of 1st Street).  Read the rest of this entry »

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Characteristics of a historic St Petersburg bungalow

Historic bungalow in downtown St Petersburg

There are few single family homes in the heART of downtown St Petersburg Florida – this one is actually zoned as an office building. Note the hexagonal blocks in the walkway leading up to the house. The tiled steps and porch would normally be wood. This is typical of the 1910s buildings, but was built in 1923.

Note these characteristics of a historic bungalow

Wide roof overhangs
Exposed roof raftersFront porch extending the width of the house
Dormer with gable roof
Crenelated block foundation and/or piers
Tapered columns (usually square – these are round)
Asphalt shingle roof
Small cottage look and feel

The downtown historic district of St Petersburg was established in April 2004.

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