tomo logo

$329,900

Beds
3
Baths
2.0
sq ft
1,500

521 Gerhardt Dr, Pensacola, FL 32503

521 Gerhardt Dr

Pensacola, FL 32503

  • <1 day on market
Popular Cordova Park Home on a Corner Lot and in Lovely Move-In Condition. Large lot with a nice elevation. Beautiful hardwood floors in much of the home. Open living, dining, and kitchen area with bar seating and flexibility for a large dining table. Features include a gas stove, dishwasher, disposal, refrigerator, and built-in microwave. Laundry is conveniently located just outside on the covered back porch in the laundry room. The remodeled main bedroom is a dream and includes an adjoining private deck. Its spacious layout allows for a sitting area or a computer/office nook. The oversized closet, double vanities, double shower heads in a tiled bath, and an extra-large linen closet with additional counter space add to the luxury. Bedrooms 2 and 3 share a hall bath with a tub and shower, and there are additional storage closets in the hallway. The fenced backyard offers plenty of space for a pool while still leaving room for a play area. There is a triple covered carport, plus plenty of paved driveway space for guests and extra cars. Off the carport, you'll find another room heated and cooled with potential for an office or additional storage. A storage shed in the backyard is also included. The roof was replaced in 2018. This home's location is ideal, just minutes from Pensacola Airport, Cordova Mall, hospitals, groceries, churches, and schools. It's a 15-20 minute drive to Pensacola Beach and only 10 minutes to vibrant downtown. Cordova Park is a fantastic walking and biking neighborhood, with many great restaurants nearby.

Details

Property type

Single Family Residence

Est. home value

$308,528

Lot size

0.29 acres

Price per sq ft

$220

Year built

1956

HOA

No

Price History

11/18/2024
Pensacola

Pensacola #655348

Listed
$329,900
+9.97%
04/28/2023
EmeraldCoast

EmeraldCoast #919013

Sold
$300,000
+156.08%
12/31/2013
Pensacola

Pensacola #443577

Sold
$117,150

Schools & Community

Neighborhood: 

Woodland Heights

Elementary school: 

Cordova Park

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

$131,364
Asking price
$329,900
Closing costs (~8% of asking)
-$26,392
Est. remaining loan balance
-$172,144
Cash to seller
$131,364

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

Seller’s Loan History

Lender

Truist Bank

Loan start date

April 2023

Original loan amount

$175,000

Est. remaining balance

$172,144

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Ruena Hall Thompson

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?

Status: Active

Tomo last checked: 11/19/2024 at 2:20 AM

Listing updated: 11/18/2024 at 4:55 PM

Listed by: Bobbi Godwin, Connell & Company Realty Inc. Phone #: (850) 478-4141

MLS: Pensacola #655348

Pensacola logo

Recently listed in Pensacola

$339,900|3 bd|2.5 ba|House
$205,000|3 bd|2.0 ba|House
$155,500|2 bd|2.0 ba|House
$329,900|3 bd|2.0 ba|House
$649,000|3 bd|1.0 ba|House
$289,000|3 bd|2.0 ba|House
$360,000|3 bd|2.0 ba|House