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$599,000

Beds
4
Baths
3.0
sq ft
2,502

5810 Red Cedar St, Pensacola, FL 32507

5810 Red Cedar St

Pensacola, FL 32507

  • 36 days on market
    • Price drop $26,000↓
Nestled in the heart of a beautifully gated community on Innerarity island, this charming craftsman-style home is a true gem waiting to be discovered. With 4 bedrooms, 3 bathrooms and bonus room spread across 2,502 square feet of living space, this all-brick residence offers ample room for comfortable family living and entertaining. The island also offers private beach access, pier, kayak launch and pickleball courts!! Step inside and be greeted by the warm ambiance of luxury vinyl plank flooring in the common areas, while wall-to-wall carpeting in the bedrooms and bonus living area ensures cozy comfort underfoot. The heart of the home, the kitchen, boasts elegant granite countertops, beaded cabinets, and a stylish backsplash. Cooking enthusiasts will appreciate the gas double oven range and stainless steel appliances. The primary bedroom is a serene retreat, complete with an ensuite bathroom featuring a separate shower and garden tub, as well as two walk-in closets for storage. Throughout the home, ceiling fans keep the air circulating, while a gas fireplace adds a touch of warmth and charm to chilly evenings. Outdoor living is a breeze with a screened-in lanai and a wood deck with added ramp, perfect for soaking up the Florida sunshine. The fenced-in yard, adorned with mature trees, provides a tranquil backdrop for relaxation or play. As an added bonus, this corner lot offers extra privacy and curb appeal. Convenience is key in this location, with proximity to the bay for water enthusiasts and easy access to local amenities such as Innerarity Point Park which offers a playground, dock, picnic tables and GEORGOUS views of the Bay!! A short drive away, you'll find the Publix Super Market for all your grocery needs, and for a taste of local flavor, Hub Stacy's At The Point is nearby, serving up delicious cuisine. Additional features include a termite bond, gutters, and front and side irrigation.

Details

Property type

Single Family Residence

Est. home value

$543,577

Lot size

0.33 acres

Price per sq ft

$240

Year built

2018

Monthly HOA fee

$35.83

Price History

12/01/2024
Pensacola

Pensacola #655296

Price change
$599,000
-4.16%
11/16/2024
Pensacola

Pensacola #655296

Listed
$625,000
+140.71%
06/29/2018
Pensacola

Pensacola #531515

Sold
$259,650
+601.76%

Schools & Community

Elementary school: 

Hellen Caro

Middle school: 

Bailey

High school: 

Escambia

Community features: 

Gated

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

$249,657
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$301,423
Cash to seller
$249,657

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

Seller’s Loan History

Lender

Trident Home Loans Llc

Loan start date

July 2021

Original loan amount

$325,000

Est. remaining balance

$301,423

Interest rate

2.96%

Loan type

VA, 30 year

Seller

Terrina Russell and Michael Russell

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: 12/23/2024 at 12:30 PM

Listing updated: 12/20/2024 at 12:40 PM

Listed by: Erica Porcelli, KELLER WILLIAMS REALTY GULF COAST Phone #: (850) 471-5000

MLS: Pensacola #655296

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