NOT LISTED FOR SALE

1640 Workman Ln Pensacola, FL 32534

Estimated Value: $215,000 - $294,000

3 Beds
2 Baths
1,696 Sq Ft
$154/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $164,900 $97 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,601/month

28 Days on Market

Highlights

  • 0.49 Acre Lot
  • Vaulted Ceiling
  • Fireplace
  • Contemporary Architecture
  • Great Room
  • 2 Car Attached Garage

About This Home

As of August 2023

Built in 1991 and resting on approximately 1/2 acre, this 3 bedroom 2 bath REO home is one to see. Split bedroom design, this home has vaulted ceilings in the Great room, separate dining area, large kitchen, and fireplace in the living room. Enclosed room off the back of the home adds extra living space. Home has brick siding with some vinyl, partially fenced back yard and storage buildings outside. Close to NWFL, shopping, and churches, this home has tons of potential. Home is located on a private dirt road and due to condition only cash or rehab loans are accepted.

Last Agent to Sell the Property

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 07/14/2023

Last Buyer's Agent

Cosmo Spellings

Assurance Realty of NWFL LLC License #3113695 Listed on: 07/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,791

Year Built

  • Built in 1991

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 110x195
  • Property fronts a private road
  • Back Yard Fenced
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Composition Shingle Roof
  • Vinyl Siding
  • Vinyl Trim

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Fireplace
  • Great Room
  • Painted or Stained Flooring
  • Exterior Washer Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Schools

  • Lincoln Park Elementary School
  • Woodham Middle School
  • Tate High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 101S301101134006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,791

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.49
  • Lot Size: 110x195
  • Road Frontage Type: Private Road
  • Subdivision Name: None
  • Directions: 9 mile Rd East from Hwy 29, turn Right (South) onto Cove Ave. Turn right onto Workman Ln. Home will be first on the right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1991
  • Remarks Misc:Remarks: Built in 1991 and resting on approximately 1/2 acre, this 3 bedroom 2 bath REO home is one to see. Split bedroom design, this home has vaulted ceilings in the Great room, separate dining area, large kitchen, and fireplace in the living room. Enclosed room off the back of the home adds extra living space. Home has brick siding with some vinyl, partially fenced back yard and storage buildings outside. Close to NWFL, shopping, and churches, this home has tons of potential. Home is located on a private dirt road and due to condition only cash or rehab loans are accepted.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Great Room: Yes
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Vaulted, Fireplace, Split Bedroom, Washer/Dryer Hookup, Woodwork Painted
  • Interior:WasherDryer Hookup: Yes
  • Interior:Split Bedroom: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Woodwork Painted: Yes
  • Interior:Fireplace: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick, Roof Composite Shngl, Vinyl Siding, Slab, Trim Vinyl
  • Exterior Features: Fenced Back Yard, Fenced Lot-Part, Fenced Privacy, Yard Building
  • Property Condition: Construction Complete
  • Lot Features:Level: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Siding Vinyl: Yes
  • ConstructionSiding:Slab: Yes
  • Exterior:Fenced Lot-Part: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Schools

  • Elementary School: Lincoln Park
  • High School: Tate
  • Middle Or Junior School: Woodham

Lot Info

  • Lot Size Sq Ft: 21344.4
  • Parcel #: 101S301101134006
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Aug 23, 2023
Sold by
Rcf 2 Acquisition Trust
Bought by
Wagoner Lorna
Seller's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
Buyer's Agent
Cosmo Spellings
Assurance Realty of NWFL LLC
List Price
$184,900
Sold Price
$164,900
Premium/Discount to List
-$20,000
-10.82%
Views
562
Current Estimated Value
$260,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,010
Avg. Annual Appreciation
22.73%

Purchase Details

Closed on
Jun 6, 2023
Sold by
Lindon Sharon
Bought by
Rcf 2 Acquisition Trust

Purchase Details

Closed on
Sep 14, 2005
Sold by
Smith Otis W
Bought by
Smith Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,800
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wagoner Lorna $164,900 None Listed On Document
Rcf 2 Acquisition Trust $132,300 --
Rcf 2 Acquisition Trust $132,300 --
Smith Sharon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Sharon $101,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $164,900 -10.8% $97 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $184,900 -- $109 / Sq Ft
Source: Emerald Coast 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 $2,791 $223,934 $17,640 $206,294
2023 $2,791 $191,672 $0 $0
2022 $2,562 $193,674 $16,758 $176,916
2021 $2,319 $158,408 $0 $0
2020 $1,130 $112,852 $0 $0
2019 $1,277 $113,746 $0 $0
2018 $1,273 $111,626 $0 $0
2017 $1,266 $109,331 $0 $0
2016 $1,254 $107,083 $0 $0
2015 $1,212 $106,339 $0 $0
2014 $1,187 $105,496 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 927631

Emerald Coast Association of REALTORS®

APN: 10-1S-30-1101-134-006