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$339,900

Beds
4
Baths
2.0
sq ft
1,434

1506 N 7th Ave, Pensacola, FL 32503

1506 N 7th Ave

Pensacola, FL 32503

  • 364 days on market
    • Price drop $30,000↓
This 4 bedroom 2 bathroom home has been been completely updated and is move in ready. The kitchen has new cabinets, granite countertops, fixtures and stainless steal appliances. There is a large breakfast bar with tons of countertop space. The living room opens up to the kitchen which is great for entertaining. The entire house has new luxury vinyl flooring throughout and new light fixtures throughout. The bathrooms have new vanities, granite countertops, fixtures and tiled showers. All the bedrooms are very spacious. The lot the house sits on is very large with a single car garage and tool shed. This house sits in a great up and coming area. You will be minutes from downtown, great restaurants, shopping and the beach. This house has everything you could want and a great area to be. House has a new roof, A/C unit, electrical wiring, plumbing and tankless hot water heater.

Details

Property type

Single Family Residence

Est. home value

$229,342

Lot size

0.23 acres

Price per sq ft

$238

Year built

1938

HOA

No

Price History

08/09/2024
Pensacola

Pensacola #636322

Price change
$339,900
-8.11%
11/11/2023
Pensacola

Pensacola #636322

Listed
$369,900

Schools & Community

Neighborhood: 

East Downtown

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

$227,177
Asking price
$339,900
Closing costs (~8% of asking)
-$27,192
Est. remaining loan balance
-$85,531
Cash to seller
$227,177

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

Seller’s Loan History

Lender

Greenlight Loans

Loan start date

May 2015

Original loan amount

$107,600

Est. remaining balance

$85,531

Interest rate

3.78%

Loan type

New Conventional, 30 year

Seller

Deborah E Knight

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: 11/09/2024 at 11:30 AM

Listing updated: 08/09/2024 at 6:44 PM

Listed by: Richard Bankich, COTTON REAL ESTATE Phone #: (850) 994-8080

MLS: Pensacola #636322

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