tomo logo

$205,000

Beds
4
Baths
2.0
sq ft
1,200

1014 W Cervantes St, Pensacola, FL 32501

1014 W Cervantes St

Pensacola, FL 32501

  • 40 days on market
    • Price drop $5,000↓
This four bedroom 2 bath home has been extensively updated over the last five years. The updates begin with a brand-new roof in November 2024, as well as beautiful luxury vinyl plank flooring was installed throughout the home. In 2021, numerous upgrades were completed to alleviate any maintenance concerns. The HVAC system and water heater were replaced with a 40-gallon Rheem electric water heater, ensuring efficiency and reliability. The kitchen was completely revamped with new cabinets, stainless steel appliances (including a refrigerator, electric stove/oven, and sink), and new flooring. Additionally, all interior doors and hardware were replaced, along with new carpet in the bedrooms. The walls were painted in soothing light tones, creating a serene atmosphere throughout the home. The living room features a charming wooden accent wall, adding a touch of elegance and contrast to the space. The open concept design allows for seamless flow between the living room and eat-in kitchen, providing a spacious common area for entertaining and relaxation. The laundry room comes equipped with a convenient stackable washer/dryer.Outside, the well-sized backyard is fenced, offering a safe and secure environment for pets and children to play. This home is an exceptional value for families in need of multiple bedrooms and modern amenities.

Details

Property type

Single Family Residence

Est. home value

$205,699

Lot size

8,581.32 sq ft

Price per sq ft

$171

Year built

1960

HOA

No

Price History

12/16/2024
Pensacola

Pensacola #655110

Price change
$205,000
-2.38%
11/13/2024
Pensacola

Pensacola #655110

Listed
$210,000
+32.08%
01/21/2022
Pensacola

Pensacola #598806

Sold
$159,000
+421.31%

Schools & Community

Neighborhood: 

St. John Coalition

Elementary school: 

Global Learning Academy

Middle school: 

Warrington

High school: 

Pensacola

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$82,701
Asking price
$205,000
Closing costs (~8% of asking)
-$16,400
Est. remaining loan balance
-$105,899
Cash to seller
$82,701

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Horizon Bank

Loan start date

January 2022

Original loan amount

$127,200

Est. remaining balance

$105,899

Interest rate

2.39%

Loan type

New Conventional, 15 year

Seller

Timothy Le

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/24/2024 at 8:05 AM

Listing updated: 12/16/2024 at 11:00 AM

Listed by: Bill Chavis, RE/MAX HORIZONS REALTY Phone #: (850) 476-6000

MLS: Pensacola #655110

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