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$389,900

Beds
3
Baths
2.0
sq ft
1,300

401 W Gadsden St, Pensacola, FL 32501

401 W Gadsden St

Pensacola, FL 32501

  • 80 days on market
    • Price drop $20,100↓
Want to live in Downtown Pensacola without the Downtown price? This adorable 3 bedroom, 2 bathroom home is within minutes of everything you need. You will be within a short walk to pick up organic produce at the Palafox Market, fresh seafood at Joe Patti's, catch a Wahoo's ballgame, or enjoy dozens of excellent restaurants. Prefer to stay in? This home makes the most of every inch with its spacious living area, and the luxury vinyl plank flooring is throughout for easy maintenance. Plus, the tankless gas water heater and gas stove are extremely energy-efficient. By the way, the gas grill is connected to the natural gas line saving the hassle of swapping out tanks. You will love the low electric bills, because this home is very well insulated. The metal roof means no need to worry about replacing shingles every few years. The corner lot allows for easy access to the backyard through the double gate. Speaking of the backyard, enjoy the evening grilling dinner on the gas grill under the shade of the pergola. It's the perfect space for entertaining! Looking for a vacation home or rental? No HOA means no rental restrictions!

Details

Property type

Single Family Residence

Est. home value

$342,413

Lot size

4,356 sq ft

Price per sq ft

$300

Year built

2017

HOA

No

Price History

10/31/2024
Pensacola

Pensacola #653427

Price change
$389,900
-4.9%
10/04/2024
Pensacola

Pensacola #653427

Listed
$410,000
+118.09%
08/04/2017
Pensacola

Pensacola #522232

Sold
$188,000

Schools & Community

Neighborhood: 

St. John Coalition

Elementary school: 

Global Learning Academy

Middle school: 

Workman

High school: 

Pensacola

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

$230,707
Asking price
$389,900
Closing costs (~8% of asking)
-$31,192
Est. remaining loan balance
-$128,001
Cash to seller
$230,707

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

Seller’s Loan History

Lender

Mortgage Trust Inc

Loan start date

August 2017

Original loan amount

$150,400

Est. remaining balance

$128,001

Interest rate

3.91%

Loan type

New Conventional, 30 year

Seller

Douglas L Kjos and Christy L Kjos

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 8:45 AM

Listing updated: 12/02/2024 at 1:40 PM

Listed by: Craig Brown, Better Homes And Gardens Real Estate Main Street Properties Phone #: (850) 912-4123

MLS: Pensacola #653427

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