tomo logo

$649,000

Beds
3
Baths
1.0
sq ft
1,300

714 Lakewood Rd, Pensacola, FL 32507

714 Lakewood Rd

Pensacola, FL 32507

  • <1 day on market
Waterfront boat living! Rare opportunity to own this waterfront property with a meticulously maintained home and 200-ft pier with multiple boat slips! Dock includes 2 deepwater boat slips, 2 medium-depth slips, plus two boat lifts and additional room for catamarans. Dock also includes water and power (50 amp outlet + two 30 amp outlets + 110v outlet). This vintage property with its 1954 home and backyard canopy of trees and grassy terraces is high and dry and has never flooded. The brick home is easy to maintain and is perfect as a lovely boating home or a rental. The pristine three bedroom, single bathroom home has new luxury vinyl flooring in the living room, dining room, and office, complemented by original oak flooring in the bedroom areas. Plumbing, roof, gas range+oven and water heater have all been recently updated. Professional photographs coming soon!

Details

Property type

Single Family Residence

Est. home value

$355,499

Lot size

0.35 acres

Price per sq ft

$500

Year built

1954

HOA

No

Price History

11/18/2024
Pensacola

Pensacola #655339

Listed
$649,000
+162.22%
08/13/2014
Pensacola

Pensacola #451038

Sold
$247,500

Schools & Community

Elementary school: 

Warrington Elementary

Middle school: 

Warrington

High school: 

Escambia

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

$451,866
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$145,214
Cash to seller
$451,866

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

Seller’s Loan History

Lender

Franklin American Mortgage Co

Loan start date

August 2014

Original loan amount

$184,950

Est. remaining balance

$145,214

Interest rate

4.14%

Loan type

New Conventional, 30 year

Seller

Janet L Plume and Diana M Mancini

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 4:50 AM

Listing updated: 11/18/2024 at 6:55 PM

Listed by: Genevieve Fortner, Levin Rinke Realty Phone #: (850) 916-5050

MLS: Pensacola #655339

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