tomo logo

$410,000

Beds
3
Baths
2.0
sq ft
1,408

1200 N 7th Ave, Pensacola, FL 32503

1200 N 7th Ave

Pensacola, FL 32503

  • 88 days on market
    • Price drop $5,000↓
Looking for a great location, spacious floor plan, and turnkey ready? This is it! This 1944 cottage features a spacious floor plan with many updates and a positive short-term rental history, and being sold fully furnished. Upon entering the house, you are greeted with wood luxury vinyl plank flooring throughout. The living room, dining room, kitchen combo is spacious and inviting. Just off the back of the kitchen, there is a foyer with a laundry room leading back to the master bedroom and master bath, complete with a spacious walk-in closet. The master bedroom also offers rear access to the back patio and the detached garage, which is secured with a sliding gate off E. Brainerd St., providing added security and closure to the property, a nice touch compared to most downtown parking options. Off the main living space, there are two bedrooms with a Jack and Jill shared bathroom. The bathroom has been updated with a new vanity and fixtures. The master bath features updates such as a fully tiled, walk-in shower with a glass door, new fixtures, and a large double vanity. The kitchen is equipped with new cabinetry, quartz countertops, and updated appliances. This shotgun floor plan is a must-see - very spacious! The fully fenced-in property offers privacy for you and your pets. The detached garage is ideal for rear side parking, a workshop, or additional storage. This property is centrally located in Pensacola, very convenient to downtown Pensacola, Pensacola Beach, Pensacola International Airport, shopping centers, and much more.

Details

Property type

Single Family Residence

Est. home value

$405,250

Lot size

3,920.4 sq ft

Price per sq ft

$292

Year built

1944

HOA

No

Price History

10/14/2024
Pensacola

Pensacola #651322

Price change
$410,000
-1.2%
08/26/2024
Pensacola

Pensacola #651322

Listed
$415,000
+12.19%
10/21/2021
Pensacola

Pensacola #593090

Sold
$369,900
+72.05%

Schools & Community

Neighborhood: 

East Downtown

Elementary school: 

Oj Semmes

Middle school: 

Workman

High school: 

Pensacola

Community features: 

Sidewalks

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

$101,342
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$275,858
Cash to seller
$101,342

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

October 2021

Original loan amount

$295,920

Est. remaining balance

$275,858

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Colin Bryce Lucas

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: 11/23/2024 at 10:40 AM

Listing updated: 10/14/2024 at 3:29 PM

Listed by: Russell Gillis, aDoor Real Estate LLC Phone #: (850) 549-9456

MLS: Pensacola #651322

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