tomo logo

$185,000

Beds
2
Baths
1.0
sq ft
768

507 Pelham Rd, Pensacola, FL 32507

507 Pelham Rd

Pensacola, FL 32507

  • 138 days on market
    • Price drop $4,900↓
Step into your next venture in home ownership or investment! This impeccably renovated 2-bedroom, 1-bathroom cottage presents a flexible opportunity that caters to buyers and investors alike. Delve into the character of this residence, which has undergone a meticulous makeover, attending to every detail. Enter a haven where contemporary enhancements harmonize with enduring charm. From the freshly painted walls to the reinforced sub-floor and fully upgraded electrical system, this property assures comfort, ease, and security for all occupants. Whether you envision a snug personal sanctuary or a lucrative addition to your investment portfolio, this cottage offers boundless potential. Strategically situated close to amenities and recreational hubs, such as Bayou Chico at Jaunita Williams Park, this property ensures a lifestyle of convenience and leisure. Seize the chance to claim this adaptable property for yourself—be it as a cherished abode or a savvy investment move. Act now—arrange your exclusive tour today and uncover the possibilities of this captivating cottage!

Details

Property type

Single Family Residence

Est. home value

$95,379

Lot size

9,147.6 sq ft

Price per sq ft

$241

Year built

1952

HOA

No

Price History

06/12/2024
Pensacola

Pensacola #645060

Price change
$185,000
-2.58%
05/16/2024
Pensacola

Pensacola #645060

Price change
$189,900
-4.57%
05/04/2024
Pensacola

Pensacola #645060

Listed
$199,000

Schools & Community

Elementary school: 

Warrington Elementary

Middle school: 

Warrington

High school: 

Pensacola

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Easy Street Capital Investments Llc

Loan start date

January 2023

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.49%

Loan type

Building or Construction Loan, 1 year

Seller

J&M Llc

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 5:20 PM

Listing updated: 09/13/2024 at 10:33 AM

Listed by: Ladonna Braidlow, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #645060

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