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$285,000

Beds
3
Baths
2.0
sq ft
2,055

7213 Velma Dr, Pensacola, FL 32526

7213 Velma Dr

Pensacola, FL 32526

  • 40 days on market
    • Price drop $14,000↓
Gorgeous 2,055 sqft home with 1,000 sqft garage/shop that is to die for. The home was completely remodeled in 2021 to include: kitchen, bathrooms, Florida room, HVAC & lighting throughout. If you want to entertain family and friends the kitchen, dining and living room have been completely transformed into an expansive open planned space or curl up and soak in the atmosphere near the wood burning stove on chilly days. The master suite contains a large walk-in closet and bath that will impress. The heated and cooled Florida room offers a fantastic space and includes energy efficient 1” insulated tinted glass. The garage has a large storage space that would make a great she shed or man cave. Home roof & garage/shop roof replaced 2023.

Details

Property type

Single Family Residence

Est. home value

$169,365

Lot size

0.49 acres

Price per sq ft

$139

Year built

1969

HOA

No

Price History

02/20/2025
Pensacola

Pensacola #657092

Price change
$285,000
-4.68%
01/29/2025
Pensacola

Pensacola #657092

Price change
$299,000
-3.55%
01/13/2025
Pensacola

Pensacola #657092

Listed
$310,000
+187.04%

Schools & Community

Elementary school: 

Sherwood

Middle school: 

Bellview

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

$72,868
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$189,332
Cash to seller
$72,868

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

Seller’s Loan History

Lender

Griffin Funding Inc

Loan start date

March 2022

Original loan amount

$200,850

Est. remaining balance

$189,332

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Annette Walters

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: 02/23/2025 at 8:25 AM

Listing updated: 02/20/2025 at 9:20 AM

Listed by: Erik Petrovich, EXP Realty, LLC Phone #: (888) 883-8509

MLS: Pensacola #657092

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