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$400,000

Beds
4
Baths
2.5
sq ft
3,450

985 Farmington Rd, Pensacola, FL 32504

985 Farmington Rd

Pensacola, FL 32504

  • 90 days on market
    • Price drop $20,000↓
One of the most unique and captivating homes the Pensacola area has to offer! At this price per sq foot, this home beats out ANYTHING in Broadview Farms. This A-frame 4 Bedroom 2.5 Bathroom house boasts nearly 3500 sq Ft of living space on a corner lot and has charm and versatility unlike anything in the area. The ground floor has all of the common areas including a tasteful and large living room fitted with a woodburning fireplace and brick chimney. There is a formal dining room just of the spacious kitchen. Kitchen features include tons of cabinets and counter space with everything one could expect! Stainless appliances, drop in range on the kitchen island, and built in pantry space. The downstairs also has an office with a closet that could even shift into a 5th bedroom and a half bath (which the seller has a bid for improving to a full bath that could be included in the sale with negotiation) . The second floor features 2 ensuite bedrooms with tons of closet space as well and 2 fully remodeled bathrooms while the 3rd floor has the 2 remaining guest bedrooms. Spacious and well maintained exterior has a recently updated open patio area with covered grilling space. New roof 2022 on this house specifically saves the buyer thousands! 2 newer HVAC systems replaced in 2021 and 2022 as well! Call today for more info or a tour!

Details

Property type

Single Family Residence

Est. home value

$495,235

Lot size

0.3376 acres

Price per sq ft

$116

Year built

1979

HOA

No

Price History

10/09/2024
Pensacola

Pensacola #650229

Price change
$400,000
-4.76%
08/06/2024
Pensacola

Pensacola #650229

Listed
$420,000
-1.18%
06/25/2024
Pensacola

Pensacola #633780

Removed
$425,000

Schools & Community

Neighborhood: 

Walden

Elementary school: 

Holm

Middle school: 

Workman

High school: 

Washington

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

$96,592
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$271,408
Cash to seller
$96,592

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

Seller’s Loan History

Lender

Primary Residential Mortgage Inc

Loan start date

June 2022

Original loan amount

$281,250

Est. remaining balance

$271,408

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Chia Chin Hsu and Fang Chen Hsu

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: 11/05/2024 at 8:40 AM

Listing updated: 10/09/2024 at 10:38 AM

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

MLS: Pensacola #650229

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