NOT LISTED FOR SALE

1118 E Gadsden St Pensacola, FL 32501

Estimated Value: $571,000 - $799,000

5 Beds
3 Baths
3,105 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $499,900 $161 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,967/month

2 Days on Market

Highlights

  • Community Boat Dock
  • Deck
  • High Ceiling
  • RV or Boat Parking
  • Wood Flooring
  • Tennis Courts

About This Home

As of July 2021

East Hill Pensacola Victorian, two-story duplex. Unique to find an original residential duplex investment property built in 1905. Beautifully updated preserving old world charm and style. The first level unit contains approximately 1,957 SF and is vacant and tenant ready, or owner occupancy. There are 3 bedrooms and 2 full baths. There is a bonus room, with an exterior door, that might serve as an additional bedroom or in-home office to receive clients without disturbing the residents. One advantage to the design of these stately homes are the rooms are interchangeable allowing the flexibility to use the space how it best serves the occupant. Both units are complete with high ceilings, decorative fireplaces, pocket doors, beautiful hardwood floors, picture molding, and butted door casings. The bathrooms have been updated maintaining their original character. The kitchen is modern with newer cabinetry, farmhouse sink, granite countertops, double ovens, and gas cook top. There is a brick fireplace in the kitchen adding additional charm. Indoor laundry adjoins the kitchen. The second level unit contains approximately1,148 SF consisting of two bedrooms and one full bath, family room with decorative fireplace with mantle & mirror and a large walk-in closet. The finishes in this unit are quite similar to the first level unit. An added feature in this unit is an indoor laundry area designed to accommodate full size washer & dryer. New architectural shingle roof installed 2021. Many more features and updates mentioned in the document section of this listing. This property is in the East Hill area of Pensacola. Walk to the neighborhood grocery store. More shops, restaurants, parks, and entertainment are close by.

Last Agent to Sell the Property

G. Jeffrey White

Connell & Company Realty Inc. Listed on: 05/16/2021

Last Buyer's Agent

Jenna Griffin

Voyage Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions: 5
  • Back Yard Fenced
  • Interior Lot

Parking

  • RV or Boat Parking

Home Design

  • Duplex
  • Off Grade Structure
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,105 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Blinds
  • Storage

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Suter Elementary School
  • Workman Middle School
  • Pensacola High School

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 000S009025015104

Community Details

Overview

  • 2 Units
  • New City Tract Subdivision

Amenities

  • Picnic Area

Recreation

  • Community Boat Dock
  • Fishing Pier
  • Tennis Courts
  • Community Playground

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

10,585 Sq Ft Lot

Listing Details

  • Stories: 2
  • Parcel Number: 000S009025015104
  • Property Type: Residential Income
  • Year Built: 1905
  • Electric: Circuit Breakers, Copper Wiring
  • Lease Term: 7 to 12 Months
  • Property Sub Type: Duplex
  • Horses: No
  • Lot Size: 80X132.5
  • Subdivision Name: New City Tract
  • Directions: South on 111th Avenue from Cervantes Street to East on E. Gadsden Street to 1118 E. Gadsden
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Hardwood, Tile
  • Interior Amenities: Storage, Baseboards, High Ceilings
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Lot Features: Central Access, Interior Lot
  • Home Warranty: No
  • Construction Type: Frame
  • Foundation Details: Off Grade
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Parking Features: RV/Boat Parking

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Picnic Area, Playground, Tennis Court(s)

Schools

  • Elementary School: Suter
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Jul 16, 2021
Sold by
Gibson Erik A and Gibson Lesa
Bought by
Borges Allison L
Seller's Agent
G. Jeffrey White
Connell & Company Realty Inc.
Buyer's Agent
Jenna Griffin
Voyage Real Estate LLC
List Price
$499,900
Sold Price
$499,900
Current Estimated Value
$694,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,492
Avg. Annual Appreciation
7.29%
Original Mortgage
$260,000
Outstanding Balance
$234,597
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$459,795

Purchase Details

Listed on
Feb 6, 2017
Closed on
Nov 16, 2017
Sold by
Kirchharr Kimberly Ann and Vititow Jeffrey Scott
Bought by
Gibson Erik A and Gibson Lesa
Seller's Agent
Kathy Short
Coldwell Banker Realty
Buyer's Agent
G. Jeffrey White
Connell & Company Realty Inc.
List Price
$450,000
Sold Price
$334,000
Premium/Discount to List
-$116,000
-25.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.82%
Original Mortgage
$317,300
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2017
Bought by
Kirchharr Kimberly Ann and Kirchharr Vitit

Purchase Details

Closed on
Nov 1, 2016
Bought by
Kirchharr Kimberly Ann and Kirchharr Vitit

Purchase Details

Closed on
Aug 7, 2009
Sold by
Vititow Bobby L and Vititow Barbara J
Bought by
Vititow Bobby L and Vititow Barbara J

Purchase Details

Closed on
Jun 13, 2007
Sold by
Vititow Bobby L and Vititow Barbara J
Bought by
Vititow Bobby L and Vititow Barbara J
Source: Public Records
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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
Borges Allison L $499,900 Attorney
Borges Allison L $499,900 Attorney
Gibson Erik A $334,000 Attorney
Gibson Erik A $334,000 Attorney
Kirchharr Kimberly Ann $100 --
Kirchharr Kimberly Ann $100 --
Kirchharr Kimberly Ann $100 --
Kirchharr Kimberly Ann $100 --
Vititow Bobby L -- Attorney
Vititow Bobby L -- Attorney
Vititow Bobby L -- Attorney
Vititow Bobby L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borges Allison L $260,000
Previous Owner Gibson Erik A $317,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/16/2021 07/16/21 Sold $499,900 0.0% $161 / Sq Ft
05/15/2021 05/15/21 For Sale $499,900 +49.7% $161 / Sq Ft
12/08/2017 12/08/17 Sold $334,000 -10.9% $98 / Sq Ft View Prior Sale
09/01/2017 09/01/17 Pending -- -- --
08/18/2017 08/18/17 Price Changed $375,000 -6.2% $110 / Sq Ft
05/30/2017 05/30/17 Price Changed $399,999 -11.1% $118 / Sq Ft
02/06/2017 02/06/17 For Sale $450,000 -- $132 / Sq Ft
Source: Pensacola Association of REALTORS®

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
2025 $4,252 $496,494 -- --
2024 $4,155 $292,470 -- --
2023 $4,155 $283,952 $190,800 $93,152
2022 $8,161 $475,289 $180,200 $295,089
2021 $6,906 $391,339 $0 $0
2020 $5,210 $339,702 $0 $0
2019 $5,115 $332,065 $0 $0
2018 $5,092 $325,874 $0 $0
2017 $4,771 $262,029 $0 $0
2016 $673 $79,101 $0 $0
2015 $675 $78,552 $0 $0
2014 $669 $77,929 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 589810

Pensacola Association of REALTORS®

APN: 00-0S-00-9025-015-104

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