tomo logo

$949,750

Beds
6
Baths
3.5
sq ft
5,960

14 W Gadsden St, Pensacola, FL 32501

14 W Gadsden St

Pensacola, FL 32501

  • 257 days on market
    • Price drop $50,000↓
Sellers are offering a $15k in concessions towards buyers closing costs! This home recently appraised for $1,250,000! This gorgeous 6 bedroom 4 bathroom Queen Anne home is listed below appraised value with fresh sod and newly landscaped with grass lighting and front and back irrigation, newly installed front yard decorative aluminum privacy fence & a termite bond. In the heart of the historic district, T W Finch House is a piece of Pensacola history. This home has been beautifully restored to offer many modern amenities while keeping its historic beauty. Some of the updates include new house paint & trim, remodeled bedrooms, privacy fence to name a few. When you walk into the home, you are greeted with a 30' long entrance way of magnificent one of a kind wood artwork, 13' ceilings, and wainscot finished & arched walls. From the stained heart of pine wood floors, to the bead board wood walls, soaring ceilings, large hand detailed trim, and the craftsmanship in this home is a MUST SEE! Some of the unique amenities include: formal sitting room, original stained glass windows and doors, skylights, decorative coal fireplaces, multiple porches, sun room, hidden alcoves, bay windows, and a spiral roof. Located in the heart of downtown this property is a staple in Pensacola and has been the envy of homeowners for over a century. This home has 3 kitchens & a butler's pantry. From the Widow's Peak on the 3rd floor you can catch a view of the bay or gaze at the stars. Built on three lots, the spacious, fenced backyard provides for lots of parking and the deck in the back and wrap large porches in the front allow for lots of outdoor living space. The home has been featured many times in magazines and newspapers for its unique Queen Anne style and documentation of this home is archived with the Library of Congress. Enjoy all the modern conveniences while relaxing in this beautifully partially restored mansion!!

Details

Property type

Single Family Residence

Est. home value

$865,640

Lot size

0.3786 acres

Price per sq ft

$160

Year built

1900

HOA

No

Price History

09/03/2024
Pensacola

Pensacola #640641

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

Pensacola #640641

Price change
$999,750
-9.11%
02/21/2024
Pensacola

Pensacola #640641

Listed
$1,100,000
+58.27%

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

$458,087
Asking price
$949,750
Closing costs (~8% of asking)
-$75,980
Est. remaining loan balance
-$415,683
Cash to seller
$458,087

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

$415,683

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?

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Status: Active

Tomo last checked: 11/05/2024 at 4:15 AM

Listing updated: 10/21/2024 at 10:00 AM

Listed by: Justin Creel, KELLER WILLIAMS REALTY GULF COAST Phone #: (850) 471-5000

MLS: Pensacola #640641

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