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$415,000

Beds
4
Baths
3.0
sq ft
2,268

1318 Wilson Ave, Pensacola, FL 32507

1318 Wilson Ave

Pensacola, FL 32507

  • 4 days on market
Charming DUAL-INCOME Residence ideal for Empty-Nesters, Investors, and first-time homeowners. A rare find, situated on a spacious double lot (0.52 acre). This property features two detached houses (main 3/2 and guesthouse 1/1 w attached garage). The main cottage house boasts original hardwood floors, vintage detailing such as architectural niches, orig door hardware, crown molding, and elegant arched entryways. You'll be welcomed home by the distinctive arched front door and the front porch wrought-iron railing. The recently remodeled cottage offers an extra-large living room, w/ an original fireplace and mantal, 3 large bedrooms w/ walk-in closets, a modern kitchen with SS appliances, new cabinets/open shelving and granite tops, a separate sun filled bay window dining room, and adjacent Sunroom doubles as a laundry room and home office space with rear yard access door. The detached guest house is a perfect income rental property boasting a comfortable living / dining area, a full-size kitchen w/ full-size appliances: refrigerator, stove, dishwasher and ample counter space, a full-size bathroom w/ a tub, rear yard access and a garage w/ washer & dryer and additional storage. Both residences currently generate rental income. Both homes feature separate extra-large fenced backyards for privacy, providing ample outdoor space for relaxation and enjoyment. Don’t miss out on this fantastic opportunity to own 2 properties in a prime location near Downtown & NAS!

Details

Property type

Single Family Residence

Est. home value

$255,737

Lot size

0.52 acres

Price per sq ft

$183

Year built

1938

HOA

No

Price History

01/18/2025
Pensacola

Pensacola #657798

Listed
$415,000
+107.5%
04/13/2021
Pensacola

Pensacola #585760

Sold
$200,000
+100.2%
06/24/2016
Pensacola

Pensacola #488319

Sold
$99,900

Schools & Community

Elementary school: 

Warrington Elementary

Middle school: 

Warrington

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

$244,100
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$137,700
Cash to seller
$244,100

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 Home Bank

Loan start date

April 2021

Original loan amount

$150,000

Est. remaining balance

$137,700

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Patricia L Delmas and Luz F Antonetti

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?

Status: Active

Tomo last checked: 01/23/2025 at 7:15 AM

Listing updated: 01/18/2025 at 4:40 PM

Listed by: Lucy Antonetti, Antonetti Investment Realty LLC Phone #: (850) 966-2913

MLS: Pensacola #657798

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