tomo logo

$325,000

Beds
3
Baths
2.0
sq ft
1,195

204 Payne Rd, Pensacola, FL 32507

204 Payne Rd

Pensacola, FL 32507

  • 111 days on market
    • Price drop $17,900↓
Welcome to this Fully Renovated charming cottage, a Navy Point Treasure! It has been lovingly updated from top to bottom. This delightful home is as Cute as a Button! It features solid surface flooring throughout, a spacious master bedroom with a walk-in closet, and a detached converted garage that offers endless possibilities as an office, playroom, art studio, she shed, or man cave. Enjoy the inviting open floor plan filled with natural light from numerous windows. Gather around the cozy fireplace or step outside onto the circular brick patio, perfect for outdoor entertaining. Several years ago, this home underwent a complete transformation, including updates to the electrical, plumbing, HVAC system, roof, and windows. The bathrooms have new cabinetry, and granite countertops. The interior upgrades also include new sheetrock, lighting, doors, and trim, as well as an updated water heater. 2023 Updates include New blown in insulation, New Front Door ^ New Gutters. Your fenced in Backyard features a detached office/playroom is a versatile space, equipped with heating and cooling, sheetrock walls, windows for natural light, wood look flooring, granite countertops, and additional storage. There is also a large concrete pad which could be used for an outdoor kitchen, seating area or additional parking. Another notable feature is that there is No HOA here! Located in Navy Point, this home provides access to neighborhood amenities such as a boat launch, waterfront walking trails, and a playground. There are also activities including an annual Neighborhood Art Show, Garage Sale, Christmas Parade & Picnics in the Park where a Food Truck visits! This home is conveniently situated just minutes away from NAS Pensacola and the VA Hospital, with downtown, shopping, restaurants, and beaches all within a short drive and you can watch the Blue Angels practice over the bayou on practice days! Don’t miss out on this completely updated Navy Point gem—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$264,231

Lot size

6,969.6 sq ft

Price per sq ft

$272

Year built

1944

HOA

No

Price History

09/17/2024
Pensacola

Pensacola #648883

Price change
$325,000
-5.22%
08/14/2024
Pensacola

Pensacola #648883

Price change
$342,900
-2.03%
07/20/2024
Pensacola

Pensacola #648883

Listed
$350,000
+87.17%

Schools & Community

Elementary school: 

Navy Point

Middle school: 

Bailey

High school: 

Pensacola

Community features: 

Playground, 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

$132,350
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$166,650
Cash to seller
$132,350

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

January 2021

Original loan amount

$182,190

Est. remaining balance

$166,650

Interest rate

2.71%

Loan type

VA, 30 year

Seller

Alexander Reyes Jr and Jean Reyes

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: 11/08/2024 at 7:35 AM

Listing updated: 10/10/2024 at 6:30 PM

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

MLS: Pensacola #648883

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