tomo logo

$524,900

Beds
3
Baths
2.0
sq ft
1,700

1320 E Lee St, Pensacola, FL 32503

1320 E Lee St

Pensacola, FL 32503

  • 28 days on market
***BACK ON THE MARKET - NO FAULT OF SELLER***Updated charming East Hill cottage with 26 gauge Tuff Ribbed metal roof with ridge vent installed 2021. This home is turnkey completely remodeled with on-demand water heater (2017), New HVAC (2023), beautiful hardwood floors, open concept floor plan with lots of natural light. Both bathrooms updated with luxurious finishes. Large kitchen with beautiful island perfectly centered for entertaining. This homes has lots of character with exposed brick accents, high ceilings and period archway. Inviting front entry with large porch with Trex decking allows adequate room to add a porch swing and chairs to enjoy evenings with friends. Enjoy the easy access to the large fenced backyard with ample space for a pool. Extra cute 238 square foot building with metal roof and hardie siding could be a pool house, office, garage or ADU offering many possibilities. Additional features include full yard sprinkler system, Sentricon Termite Bait system, brick paver driveway, fully fenced backyard. Centrally located, five minutes to the interstate, downtown Pensacola, hospitals, International airport and 15 minutes from beautiful sandy, white beaches. A quick stroll to neighborhood shops and restaurants.

Details

Property type

Single Family Residence

Est. home value

$523,420

Lot size

Unknown

Price per sq ft

$309

Year built

1918

HOA

No

Price History

09/06/2024
Pensacola

Pensacola #651078

Listed
$524,900
08/31/2024
Pensacola

Pensacola #651078

Pending
$524,900
08/22/2024
Pensacola

Pensacola #651078

Listed
$524,900
+208.76%

Schools & Community

Neighborhood: 

Goulding

Elementary school: 

Oj Semmes

Middle school: 

Workman

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

$203,669
Asking price
$524,900
Closing costs (~8% of asking)
-$41,992
Est. remaining loan balance
-$279,239
Cash to seller
$203,669

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

May 2021

Original loan amount

$320,000

Est. remaining balance

$279,239

Interest rate

3.05%

Loan type

New Conventional, 20 year

Seller

Melissa Haas

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: 09/19/2024 at 11:45 AM

Listing updated: 09/06/2024 at 1:43 PM

Listed by: Louise Myslak, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #651078

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