tomo logo

$865,640Estimated home value

Beds
6
Baths
4.0
sq ft
5,960

14 W Gadsden St, Pensacola, FL 32501

14 W Gadsden St

Pensacola, FL 32501

  • Sold On 10/15/2021
Always dreaming about owning a historic home in Downtown Pensacola? Well now’s your chance! The Finch house has been recorded at the Library of Congress and you can become a part of history! This property has also been featured on the Pensacola Ghost Tours that occur around Halloween each year - but who believes in ghosts?!?!?! The Income potential has endless possibilities - you could start a Bed & Breakfast, you could have residence downstairs, have your office across the foyer from you, rent out the downstairs 1 bedroom apartment and rent out the upstairs 3 bedroom apartment - all at the same time! Yes - the $$$ possibilities are endless. When you arrive, you will notice the wrap around porch - tall ornate front door, you should drive to the back and park where the original carriage house used to be - no - it isn’t there anymore - but there is a ton of parking back there. The main kitchen is HUGE and has not one, but TWO large islands, stainless appliances, gas stoves, wine fridge, and massive refrigerator and freezer. You could feed an army from there! This home has 3 separate kitchens and another kitchenette possibility where your office could be downstairs. There are a lot of stories and history behind it and they are quite interesting. The current owner would love to share them - since there are so many and I am limited on characters to type on here. The rooms in the front of the home have massive tall windows and high ceilings. The downstairs west parlor could be an amazing master suite with 2 large walk in closets. The upstairs 3 bedroom apartment is currently rented and has the access to the “widows peak” where you can see all the way to downtown - seriously amazing view. There is also a balcony on the second floor front of the home. The character and features - a lot of the original wood, "gingerbread" and high ceilings - make this truly a unique find. You just need to see this to really appreciate it and make your dreams a reality.

Details

Property type

Single Family Residence

Est. home value

$865,640

Lot size

0.3786 acres

Price per sq ft

$126

Year built

1900

HOA

No

Price History

12/24/2024
Pensacola

Pensacola #640641

Removed
$949,750
09/03/2024
Pensacola

Pensacola #640641

Price change
$949,750
-5%
04/01/2024
Pensacola

Pensacola #640641

Price change
$999,750
-9.11%

Schools & Community

Neighborhood: 

St. John Coalition

Elementary school: 

Global Learning Academy

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

$276,021
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$413,979
Cash to seller
$276,021

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

October 2021

Original loan amount

$445,000

Est. remaining balance

$413,979

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Donald M Dewey and Catherine Dewey

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?

Similar Homes Nearby

Price drop
Pensacola
$999,999
4 bd
|
3.5 ba
|
4,546 sq ft
|
House

300 W Gonzalez St, Pensacola, FL 32501

Price drop
Pensacola
$985,000
4 bd
|
3.5 ba
|
4,294 sq ft
|
House

20 E Brainerd St, Pensacola, FL 32501

Pensacola
$950,000
4 bd
|
4 ba
|
3,623 sq ft
|
House

1801 N 15th Ave, Pensacola, FL 32503

Status: Off Market

Tomo last checked: 12/24/2024 at 7:25 AM

Listing updated: 08/21/2024 at 4:21 PM

Listed by: Lynn Peters, Re/Max America's Top Realty Phone #: (850) 934-4449

MLS: Pensacola #589213

Pensacola logo

Recently listed in Pensacola

$379,900|4 bd|3.5 ba|House
$379,900|4 bd|3.5 ba|House
$379,900|4 bd|3.5 ba|House
$379,900|4 bd|3.5 ba|House
$314,900|4 bd|2.0 ba|House
$379,900|4 bd|3.5 ba|House
$379,900|4 bd|3.5 ba|House
$294,900|3 bd|2.0 ba|House
$314,900|4 bd|2.0 ba|House