tomo logo

$487,500

Beds
4
Baths
3.0
sq ft
3,028

5897 Arch Ave, Pensacola, FL 32526

5897 Arch Ave

Pensacola, FL 32526

  • 53 days on market
    • Price drop $7,500↓
Welcome to this stunning 4-bedroom, 3-bath residence in a secure gated community, where comfort and convenience meet! Spanning an impressive 3,028 square feet, this home features an inviting open floor plan that is perfect for both entertainment and everyday living. The fully equipped kitchen is a chef's delight, boasting solid surface countertops, stainless steel appliances, a pantry, and a central island with additional sink - perfect for casual meals or gatherings. The open floorplan allows you to be in the kitchen while actively involved in conversation in the family room - enjoying the beauty of the fireplace. Retreat to the luxurious master suite, where you'll find a tranquil haven featuring an enormous walk-in closet, ceiling fan, double vanity, garden tub, and separate shower. Three additional bedrooms offer ample space for family or guests, ensuring everyone has their own cozy retreat. You'll also enjoy a spacious media/flex/game room adjoining all three bedrooms. Enjoy the ease of indoor laundry and take advantage of the extra gas line hookup for your patio grill—ideal for weekend barbecues! The privacy-fenced backyard provides a serene outdoor space to relax or entertain. This energy efficient home has an almost new (2022) Rheem HVAC 2-stage 5-ton central air system with built-in dehumidification, newer roof (2021) and natural gas tankless water heater, generator transfer switch, and underground lawn sprinkling system. Nestled in a community with a walking trail, this home is conveniently located near Publix, shopping centers, Navy Federal, and a middle school. Plus, with easy access to the interstate and just minutes from Alabama, your commute couldn’t be simpler. Don’t miss your chance to own this exceptional home in Beulah!

Details

Property type

Single Family Residence

Est. home value

$450,352

Lot size

0.2487 acres

Price per sq ft

$161

Year built

2009

Monthly HOA fee

$56.25

Price History

11/11/2024
Pensacola

Pensacola #653165

Price change
$487,500
-1.52%
10/17/2024
Pensacola

Pensacola #653165

Price change
$495,000
-3.88%
10/01/2024
Pensacola

Pensacola #653165

Listed
$515,000
+28.75%

Schools & Community

Elementary school: 

Kingsfield Elementary

Middle school: 

Beulah

High school: 

Tate

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

$198,117
Asking price
$487,500
Closing costs (~8% of asking)
-$39,000
Est. remaining loan balance
-$250,383
Cash to seller
$198,117

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

Seller’s Loan History

Lender

Southeast Mortgage Of Georgia

Loan start date

July 2021

Original loan amount

$270,000

Est. remaining balance

$250,383

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

John Pierre F Erar and Deborah J Erar

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: 11/23/2024 at 11:40 AM

Listing updated: 11/10/2024 at 11:30 PM

Listed by: Scott Porter, OLD SOUTH PROPERTIES INC Phone #: (850) 478-6363

MLS: Pensacola #653165

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