tomo logo

$750,000

Beds
4
Baths
3.0
sq ft
2,750

1280 Mahogany Mill Rd Unit 4, Pensacola, FL 32507

1280 Mahogany Mill Rd Unit 4

Pensacola, FL 32507

  • 73 days on market
    • Price drop $40,000↓
Beautiful bay view off Bayou Chico! Entry level welcomes a master suite or guest quarters with a private patio and water view and a second bedroom or flex room. The options are limitless. Use it as a game room, office, den or play room. Second floor has a common bathroom with upgraded vanity and exotic stone quartzite countertops as well as the laundry area. A very large and spacious master bedroom with ensuite. Master bedroom has wood floors and Cat 5 rated high impact hurricane windows and sliding doors. From the second floor master suite you are able to step out to a private deck and enjoy all the marine views of the Bayou Chico. The third floor boasts a completely updated open floor plan kitchen with island, quartzite countertops, backsplash, custom fixtures and high end appliances. The natural light and high ceilings of the third floor provide a very large living room with wood floors, custom built ins, custom built in desk, Cat 5 rated high impact windows and a sliding door that leads to the third floor deck with astonishing views. So many updates and upgrades: Samsung Washer and dryer 2023, Samsung dishwasher 2023, Custom hand cut exotic stone quartzite counters throughout 2021, wall oven 2021, roof reinforcement with ALL NEW bolts completed in 2020, Cat 5 high impact hurricane windows 2021, Lifetime warranty and Cat 5 rated siding to entire home 2022! **** Buyer to verify all information, features and dimensions ****

Details

Property type

Single Family Residence

Est. home value

$591,992

Lot size

3,484.8 sq ft

Price per sq ft

$273

Year built

1997

HOA

No

Price History

11/05/2024
Pensacola

Pensacola #653743

Price change
$750,000
-5.06%
10/11/2024
Pensacola

Pensacola #653743

Listed
$790,000
+81.61%
08/15/2019
Pensacola

Pensacola #551443

Sold
$435,000

Schools & Community

Elementary school: 

Warrington Elementary

Middle school: 

Warrington

High school: 

Escambia

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

$330,709
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$359,291
Cash to seller
$330,709

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2021

Original loan amount

$388,000

Est. remaining balance

$359,291

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Gregg Anthony Valenzuela and Maryellen Valenzuela

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: 12/23/2024 at 9:30 PM

Listing updated: 11/15/2024 at 1:25 PM

Listed by: Rodney Cantrell, Gulf Real Estate Group, LLC Phone #: (850) 944-3233

MLS: Pensacola #653743

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