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$585,000

Beds
2
Baths
2.5
sq ft
1,527

1280 Mahogany Mill Rd Unit 12, Pensacola, FL 32507

1280 Mahogany Mill Rd Unit 12

Pensacola, FL 32507

  • 183 days on market
    • Price drop $4,000↓
SELLER OFFERING $10,000 TOWARDS BUYERS CLOSING COSTS OR TO BUYDOWN THE RATE! Welcome to waterfront living at its finest in the serene Bayou Chico Basin neighborhood! This charming townhome boasts a prime location right on the calm waters of Bayou Chico, offering breathtaking views and a peaceful atmosphere. Downstairs has a versatile office/study space that provides the perfect setting for remote work or quiet relaxation. And also features a one-car garage great for additional storage space. Meanwhile the second floor features a spacious living & dining area that opens seamlessly to a screened patio, ideal for outdoor entertaining or simply soaking in the stunning waterfront views. The second floor also features an updated kitchen with granite countertops and stainless steel appliances. Venture up to the third floor, where you'll find the master bedroom retreat featuring a private porch with tranquil views. The master bathroom has two separate vanities and a spacious tub/shower combo. The additional bedroom has an attached bathroom perfect for visiting guests. The third floor also has a conveniently located laundry closet with a stackable washer/dryer. The outdoor living spaces and amenities of this townhome is really what makes it shine. Enjoy the panoramic views from the porches on all three floors. And with a covered boat lift right at your doorstep, you'll have easy access to endless adventures on the water. Additionally, there are no monthly condo fees or boat slip fees with this townhome. Located just a short drive from downtown Pensacola, this property offers the best of both worlds – a quiet retreat by the water with the convenience of city amenities nearby. This Bayou Chico townhome offers the perfect balance of comfort, convenience, and coastal charm. Don't miss your chance to experience waterfront living at its finest – schedule your showing today!

Details

Property type

Townhouse

Est. home value

$433,047

Lot size

1,093.356 sq ft

Price per sq ft

$384

Year built

1986

Monthly HOA fee

$16.67

Price History

09/18/2024
Pensacola

Pensacola #646161

Price change
$585,000
-0.68%
05/24/2024
Pensacola

Pensacola #646161

Listed
$589,000
05/23/2024
Pensacola

Pensacola #636933

Removed
$589,000

Schools & Community

Elementary school: 

Warrington Elementary

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

-$1,200,011
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$1,738,211
Cash to seller
-$1,200,011

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

Seller’s Loan History

Lender

Colonial Savings Bank

Loan start date

January 2018

Original loan amount

$2,344,520

Est. remaining balance

$1,738,211

Interest rate

3.9%

Loan type

New Conventional, 20 year

Seller

Muriel Ann Gatlin and Muriel Gatlin Family Trust

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 1:55 PM

Listing updated: 09/22/2024 at 1:33 PM

Listed by: A. Randy Bricker, EXIT REALTY N. F. I. Phone #: (850) 475-0077

MLS: Pensacola #646161

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