tomo logo

$499,900

Beds
4
Baths
3.0
sq ft
1,872

5931 Hurst Hammock Rd, Pensacola, FL 32526

5931 Hurst Hammock Rd

Pensacola, FL 32526

  • 48 days on market
    • Price drop $25,100↓
We've all heard the cliche "You just have to see this Property", Well if there were ever a more true statement, the photos do this beauty no justice! This property sits with about 15 other waterfront homes in the same neighborhood and beyond that, there is nothing built on the water for miles around, making this mouth of the Perdido River that opens into the Perdido Bay your very own slice of peace, quiet and tranquility! Located at the dead end of Beulah Rd where it turns into Hurst Hammock and runs into the Perdido River Nature Reserve. Approximately 3 year old 190 ft dock with multiple boat ties, automatic lift, small craft slip and rooftop observation/fishing deck is another "see to believe" masterpiece. The boat lift currently holds an 18ft center console, and is believed to be able to hold up to 23ft craft. This meticulously maintained home has upgrades in all the right places and a versatile floorplan with 4 bedrooms and 3 full bathrooms will meet any family's needs. Spacious master suite features a walk in closet and ensuite bathroom with his and hers vanities and updated tile shower. The master also has an additional office space with it's own egress to the back yard. The kitchen is spacious and features all stainless appliances, real wood cabinets and a breakfast bar. Double pane windows for energy efficiency. New HVAC 2020 and New Roof 2021! Exterior in the back is fitted with a covered and 240 sq ft fully screened porch with Hot Tub Hook Up (Hot Tub not included at asking price), planter boxes and additional covered space for BBQ as well as fresh rip rap for erosion control have been added as well. The front elevation of the home has a wrap around porch and circle drive way with a fully fenced lot.

Details

Property type

Single Family Residence

Est. home value

$325,313

Lot size

0.435 acres

Price per sq ft

$268

Year built

1950

HOA

No

Price History

08/22/2024
Pensacola

Pensacola #650091

Price change
$499,900
-4.78%
08/02/2024
Pensacola

Pensacola #650091

Listed
$525,000
+77.97%
09/03/2021
Pensacola

Pensacola #591451

Sold
$295,000

Schools & Community

Elementary school: 

Beulah

Middle school: 

Beulah

High school: 

Pine Forest

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

$239,432
Asking price
$499,900
Closing costs (~8% of asking)
-$39,992
Est. remaining loan balance
-$220,476
Cash to seller
$239,432

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

September 2021

Original loan amount

$236,000

Est. remaining balance

$220,476

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Justin Bailey and Stephanie Bailey

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 5:45 PM

Listing updated: 08/29/2024 at 4:37 PM

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

MLS: Pensacola #650091

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