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$330,000

Beds
2
Baths
1.0
sq ft
936

2905 E Lloyd St, Pensacola, FL 32503

2905 E Lloyd St

Pensacola, FL 32503

  • 315 days on market
    • Price drop $20,000↓
East Pensacola Heights cottage with a large lot to add other improvements, such as a detached garage/apartment. Zoned R - 1AA, so generous setbacks to add such a structure. Recent improvements: new HVAC in 2022, new roof in 2021, hurricane rated front door, and new hot water heater in 2017. Custom cedar barn style doors. This cottage just needs a little attention, a renovation to fit your budget, or demo and start new!

Details

Property type

Single Family Residence

Est. home value

$251,037

Lot size

9,147.6 sq ft

Price per sq ft

$353

Year built

1940

HOA

No

Price History

09/05/2024
Pensacola

Pensacola #636134

Listed
$330,000
07/01/2024
Pensacola

Pensacola #636134

Removed
$330,000
01/25/2024
Pensacola

Pensacola #636134

Price change
$330,000
-5.71%

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

$197,634
Asking price
$330,000
Closing costs (~8% of asking)
-$26,400
Est. remaining loan balance
-$105,966
Cash to seller
$197,634

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

November 2017

Original loan amount

$122,735

Est. remaining balance

$105,966

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Cristina Lobo

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: 09/19/2024 at 11:40 AM

Listing updated: 09/05/2024 at 9:43 AM

Listed by: Scott Jennings, Olde City Realty LLC Phone #: (850) 332-7700

MLS: Pensacola #636134

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