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$220,000

Beds
3
Baths
2.0
sq ft
1,215

2620 Mercado Ave, Pensacola, FL 32507

2620 Mercado Ave

Pensacola, FL 32507

  • 127 days on market
    • Price drop $10,000↓
Welcome to your future Home Sweet Home or a fantastic investment opportunity! Craftsman-style residence combines classic charm with contemporary updates, offering a blend of comfort and style. 3 bedrooms, 2 full baths, and 1,215 sqft of well-designed living space, this home is ideal for a variety of lifestyles. You'll be greeted by an inviting open living room that leads to a private dining room or den—perfect for quiet meals or additional living space. Eat-in kitchen is functional and cozy, with access to the oversized 2-car garage. The living room, hallway, and dining have vinyl hardwood floors throughout. The large screened-in porch off the kitchen provides a space to enjoy your morning coffee or unwind after a long day, all while enjoying a fenced-in .32-acre lot. Roof installed in May 2021. Don’t miss this opportunity to own a charming Craftsman home with modern amenities and a welcoming atmosphere. Call for a showing.

Details

Property type

Single Family Residence

Est. home value

$214,538

Lot size

0.32 acres

Price per sq ft

$182

Year built

1974

HOA

No

Price History

12/04/2024
Pensacola

Pensacola #651042

Price change
$220,000
-4.35%
09/17/2024
Pensacola

Pensacola #651042

Price change
$230,000
-2.13%
08/21/2024
Pensacola

Pensacola #651042

Listed
$235,000
+44.17%

Schools & Community

Elementary school: 

Pleasant Grove

Middle school: 

Bailey

High school: 

Escambia

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

$81,442
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$120,958
Cash to seller
$81,442

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2021

Original loan amount

$130,400

Est. remaining balance

$120,958

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Robert Lee Williams Iii

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: 12/27/2024 at 5:55 AM

Listing updated: 12/04/2024 at 1:42 PM

Listed by: Myriah Greiner, Kuhn Realty Phone #: (850) 266-7557

MLS: Pensacola #651042

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