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$399,000

Beds
2
Baths
2.0
sq ft
1,576

2902 E Gadsden St, Pensacola, FL 32503

2902 E Gadsden St

Pensacola, FL 32503

  • 31 days on market
Nestled in the picturesque neighborhood of East Pensacola Heights, this charming 2-bedroom cottage is surrounded by majestic oak trees adorned with Spanish moss. The cottage boasts a durable metal roof and classic shutters, adding to its timeless appeal. Inside, you'll find recently updated kitchen and bathrooms, ensuring modern comfort and style. The home is bathed in natural light, creating a warm and inviting atmosphere. It also features a large front porch with a pergola, perfect for enjoying the serene surroundings. Two yard buildings provide ample storage space or potential for a workshop. Located within walking distance to local favorites like Jerry's Drive In and the New Yorker Deli, you'll enjoy the convenience of nearby dining options. This cottage is centrally located, offering easy access to Downtown Pensacola, Pensacola Beach, and various shopping destinations. Don't miss the opportunity to own this idyllic home in a prime location!

Details

Property type

Single Family Residence

Est. home value

$421,990

Lot size

0.241 acres

Price per sq ft

$254

Year built

1948

HOA

No

Price History

09/04/2024
Pensacola

Pensacola #650249

Listed
$399,000
08/29/2024
Pensacola

Pensacola #650249

Pending
$399,000
08/18/2024
Pensacola

Pensacola #650249

Listed
$399,000
+126.7%

Schools & Community

Neighborhood: 

Cervello

Elementary school: 

A.K. Suter

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

$179,929
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$187,151
Cash to seller
$179,929

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

Seller’s Loan History

Lender

Primelending

Loan start date

November 2019

Original loan amount

$207,120

Est. remaining balance

$187,151

Interest rate

3.57%

Loan type

New Conventional, 30 year

Seller

Randolph Quan and Patricia Quan

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: 09/18/2024 at 7:45 PM

Listing updated: 09/04/2024 at 8:03 PM

Listed by: Jon Shell, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #650249

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