NOT LISTED FOR SALE

1009 Lake Terrace Ave Pensacola, FL 32505

Estimated Value: $125,000 - $156,000

2 Beds
1.5 Baths
910 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 14, 2016

Last sale price $52,000 $57 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $799/month

10 Days on Market

Highlights

  • Updated Kitchen
  • Contemporary Architecture
  • Wood Flooring
  • Pensacola High School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of September 2016

Investor Alert! This CHARMING 2 bedroom 1 1⁄2 bath contemporary bungalow is in GREAT condition and ready to go. Fresh paint inside and out, new carpet in bedrooms, new toilets in bathrooms etc. All that is needed are your tenants. All appliances in galley kitchen convey. There is a formal dining room and large great room featuring large windows with lots of natural lighting. Original wood, tile and brick flooring. Oversize carport with lots of storage and w/d hookups. Property is located on a lush tropical lot and is close to shopping, schools, military bases and beaches. Note: This is an AS IS SALE. Owner will not contribute to any repairs, however it appears to be in good condition. Priced Right! Don’t miss out on this one.

Last Agent to Sell the Property

RONALD WESTLAKE

Levin Rinke Realty Brokerage Phone: 850-432-5300 Listed on: 08/12/2016

Levin Rinke Realty

Last Buyer's Agent

DAWN FALLON

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $525

Year Built

  • Built in 1960

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions: 58
  • Back Yard Fenced
  • Chain Link Fence
  • Interior Lot

Home Design

  • Contemporary Architecture
  • Off Grade Structure
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 910 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Doors
  • Formal Dining Room
  • Washer

Kitchen

  • Updated Kitchen
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Schools

  • Montclair Elementary School
  • Woodham Middle School
  • Pensacola High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Porch

Community Details

  • No Home Owners Association
  • Crescent Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 441S301000007010

Home Details

Home Type

Single Family

Est. Annual Taxes

$525

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 441S301000007010
  • Property Type: Residential
  • Year Built: 1960
  • Electric: Copper Wiring, Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.18
  • Lot Size: 58 x 70
  • Road Surface Type: Paved
  • Subdivision Name: Crescent Lake
  • Directions: Michigan Ave to East Shore Dr. Rt on Lake Terrace Ave
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation, Insulated Walls
  • Property Attached Yn: No
  • Kitchen Level: First
  • Attribution Contact: OFC: 850-432-5300
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Washer, Built In Microwave, Dishwasher, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Flooring: Brick, Hardwood, Tile, Carpet
  • Interior Amenities: Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Vaulted Ceiling(s)
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 10
  • Master Bedroom Features: Ceiling Fan(s)
  • Room Kitchen Features: Remodeled, Laminate Counters, Pantry
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 130
  • Room Dining Room Area: 104.5
  • Master Bathroom Features: Laminate Counters

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Chain Link
  • Lot Features: Central Access, Interior Lot
  • Pool Features: None
  • Construction Type: Block
  • Foundation Details: Off Grade
  • Patio And Porch Features: Porch
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: 2 Car Carport, Front Entrance
  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Montclair
  • High School: Pensacola
  • Middle Or Junior School: Woodham

Lot Info

  • Lot Size Sq Ft: 7840.8
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2016
Closed on
Sep 13, 2016
Sold by
Sarver Askley Elizabeth and Sarver David K
Bought by
Watkinsone Stephanle
Seller's Agent
RONALD WESTLAKE
Levin Rinke Realty
Buyer's Agent
DAWN FALLON
Coldwell Banker Realty
List Price
$52,500
Sold Price
$52,000
Premium/Discount to List
-$500
-0.95%
Current Estimated Value
$143,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,593
Avg. Annual Appreciation
11.77%

Purchase Details

Closed on
Apr 22, 2008
Sold by
Sarver Jennifer J and Jones Jennifer J
Bought by
Butler Ashley Sarver and Sarver David K

Purchase Details

Closed on
Aug 19, 2003
Sold by
Oshaw Scott and Oshaw Belinda
Bought by
Sarver Jennifer J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,400
Interest Rate
5.72%

Purchase Details

Closed on
Aug 17, 1998
Sold by
Weeks William J and Weeks Sadie J
Bought by
Oshaw Scott A and Oshaw Belinda P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,000
Interest Rate
6.97%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watkinsone Stephanle $52,000 Surety Land Title Of Florida
Butler Ashley Sarver $43,700 Lawyers Title
Sarver Jennifer J $61,900 --
Oshaw Scott A $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarver Jennifer J $46,400
Previous Owner Oshaw Scott A $33,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2016 09/14/16 Sold $52,000 -1.0% $57 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $52,500 -- $58 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $525 $58,796 -- --
2023 $525 $57,084 $0 $0
2022 $538 $55,422 $0 $0
2021 $538 $53,808 $0 $0
2020 $529 $53,066 $0 $0
2019 $525 $51,873 $0 $0
2018 $526 $50,906 $0 $0
2017 $527 $49,859 $0 $0
2016 $901 $50,388 $0 $0
2015 $855 $48,275 $0 $0
2014 $819 $46,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 504537

Pensacola Association of REALTORS®

APN: 44-1S-30-1000-007-010