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$199,000

Beds
1
Baths
1.0
sq ft
975

2950 Owen Bell Ln, Pensacola, FL 32507

2950 Owen Bell Ln

Pensacola, FL 32507

  • 541 days on market
    • Price drop $100,000↓
Waterfront 0.60 acres on open water of Bayou Grande, all under $200,000! Inconceivable! Uncover the hidden potential of this 975 square foot bayou-side home, offering a unique lifestyle awaiting your transformative touch. Priced to allow a full remodel scenario. Nestled by the bayou waters, this property serves as your canvas to craft your bayou sanctuary. Vision required. Imagine enjoying direct access to bayou activities like canoeing and birdwatching. Elevate both your quality of life and property value by crafting your vision into reality! Seize this opportunity to breathe life into your dreams and make this a canvas for your waterfront cottage vision. Act now to transform this hidden gem into your bayou paradise!

Details

Property type

Single Family Residence

Est. home value

$290,662

Lot size

0.6 acres

Price per sq ft

$205

Year built

1955

HOA

No

Price History

07/12/2024
Pensacola

Pensacola #629455

Price change
$199,000
-33.44%
04/12/2024
Pensacola

Pensacola #629455

Listed
$299,000
04/06/2024
Pensacola

Pensacola #629455

Removed
$299,000

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

$87,825
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$95,255
Cash to seller
$87,825

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

June 2019

Original loan amount

$106,250

Est. remaining balance

$95,255

Interest rate

4.17%

Loan type

New Conventional, 30 year

Seller

Brendan Wilken and Julie Wilken

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: 12/24/2024 at 1:25 PM

Listing updated: 07/28/2024 at 4:24 PM

Listed by: Leane Gonzalez, Hurd Real Estate & Company LLC Phone #: (850) 565-0018

MLS: Pensacola #629455

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