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$514,000

Beds
2
Baths
2.0
sq ft
1,600

2505 Yates Ave, Pensacola, FL 32503

2505 Yates Ave

Pensacola, FL 32503

  • 48 days on market
    • Price drop $11,000↓
    • Open house Jan 26
** OPEN HOUSE Sunday 1/26/25 1:00pm - 4:00pm ** EAST HILL BEAUTY with WATER VIEWS ** This is the one you've been waiting for! From the moment you arrive, the charming front lanai with beautiful water views invites you to relax and enjoy your morning coffee. With curb appeal that sets the tone, this home features an open-concept floor plan that's both spacious and inviting. Original hardwood floors throughout, paired with updated tile in the primary bathroom and updated gourmet kitchen featuring custom solid wood cabinetry, maintains the home's East Hill charm while offering modern comforts. KITCHEN features include Corian countertops, island with gas cooktop and downdraft, plus large windows bringing in natural light to brighten the space. DINING ROOM and LIVING AREA have plantation shutters and crown molding to elevate the decor. BONUS ROOM is bright and airy - perfect for a variety of uses like a guest room, home office, gym, or playroom, with pocket doors for privacy and fantastic water views. PRIMARY BEDROOM is oversized and has walk-in closet and triple slider doors leading out to the back patio with a deck and built-in hot tub. PRIMARY BATHROOM is absolute luxury featuring updated white and blue tile, a Roman walk-in shower, and double vanity bowl sinks with wall-mounted faucets. YOUR OUTDOOR OASIS awaits - two deck areas for relaxing and entertaining, a manicured lawn, plus carport with two storage rooms. OTHER AMENITIES INCUDE: outlets (2) for electric car in the carport; INSIDE LAUNDRY hookups; ROOF 2016; HVAC 2021; VAPOR BARRIER added to the crawl space; TERMITE BOND w/ Arrow Pest Control; GUTTERS; SOLAR LIGHTING on deck caps; PART HOME GENERATOR installed; and HOT TUB (3 years old). With so many thoughtful upgrades and beautiful living spaces, this East Hill beauty will be one of your favorites. Be sure to view the 3D matterport walk through then schedule your showing today and get your offer in!

Details

Property type

Single Family Residence

Est. home value

$437,685

Lot size

9,583.2 sq ft

Price per sq ft

$322

Year built

1954

HOA

No

Price History

01/05/2025
Pensacola

Pensacola #655844

Price change
$514,000
-2.1%
12/06/2024
Pensacola

Pensacola #655844

Listed
$525,000
+90.91%
12/10/2018
Pensacola

Pensacola #543962

Sold
$275,000
+12.24%

Schools & Community

Neighborhood: 

Goulding

Elementary school: 

Oj Semmes

Middle school: 

Workman

High school: 

Washington

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

$303,082
Asking price
$514,000
Closing costs (~8% of asking)
-$41,120
Est. remaining loan balance
-$169,798
Cash to seller
$303,082

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 Inc

Loan start date

June 2020

Original loan amount

$230,200

Est. remaining balance

$169,798

Interest rate

2.8%

Loan type

New Conventional, 15 year

Seller

Lawrence Nichols Jr and Renee S Nichols

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: 01/23/2025 at 9:30 AM

Listing updated: 01/21/2025 at 8:25 PM

Listed by: Kathleen Batterton, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #655844

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