NOT LISTED FOR SALE
-- Beds
-- Baths
1,105 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: October 11, 2022

Last sale price $515,000 $466 Per Sq Ft

72 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • Central Air
  • Corner Lot
  • Shed
  • Ceiling Fan

About This Home

As of October 2022

**INVESTORS!** Fantastic Investment Opportunity in East Hill! This delightful 2 bed/1 bath cottage has TWO INCOME PRODUCING UNITS in a detached complex! ALL are GREAT RENTALS! The main house has lots of upgrades while keeping the original charm - including new cabinets, counters, and appliances. Conveniently, there is a large driveway and carport and fenced yard. The two apartments, to the rear of the house, consist of a studio on the bottom floor (Unit A) and a 1 bed/1 bath unit upstairs (Unit B). Both units had new mini-splits installed this year. Both the house and the apartment building received new metal roofs THIS YEAR! Yearly Gross Revenue of all 3 units: $46,080!!

Last Agent to Sell the Property

Neal Grossheider

Levin Rinke Realty Listed on: 07/12/2022

Levin Rinke Realty

Last Buyer's Agent

Jonathan Connell

EXP Realty, LLC

EXP Realty, LLC
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 55x137.5
  • Back Yard Fenced
  • Corner Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Off Grade Structure
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Fireplace
  • Microwave
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Outdoor Features

  • Shed

Schools

  • Oj Semmes Elementary School
  • Workman Middle School
  • Washington High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Community Details

  • 3 Units
  • Lakeview Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009040027039

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Stories: 1
  • Parcel Number: 000S009040027039
  • Property Type: Residential Income
  • Year Built: 1928
  • Electric: Circuit Breakers
  • Property Sub Type: Other
  • Horses: No
  • Lot Size: 55X137.5
  • Subdivision Name: Lakeview
  • Directions: From E. Cervantes, head North on 17th Ave. Turn Right onto E. Jordan St. The property is on the corner of E. Jordan St. and N. 20th Ave.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Microwave, Refrigerator
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Bookcases, Ceiling Fan(s)

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Lot Features: Corner Lot
  • Construction Type: Brick, Frame
  • Foundation Details: Off Grade, Slab
  • Other Structures: Yard Building
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Natural Gas, Wall/Window Unit(s), Fireplace(s)
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Oj Semmes
  • High School: Washington
  • Middle Or Junior School: Workman

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Oct 11, 2022
Sold by
Kelly Timothy P and Kelly Allyson R
Bought by
Seller's Agent
Neal Grossheider
Levin Rinke Realty
Buyer's Agent
Jonathan Connell
EXP Realty, LLC
List Price
$539,000
Sold Price
$515,000
Premium/Discount to List
-$24,000
-4.45%
Views
8

Purchase Details

Listed on
Jan 9, 2018
Closed on
Apr 30, 2018
Sold by
Odom Wesley
Bought by
Kelly Timothy P and Kelly Allyson R
Seller's Agent
Allison Brandt
Levin Rinke Realty
Buyer's Agent
Edmond English
National Land Realty
List Price
$335,000
Sold Price
$280,000
Premium/Discount to List
-$55,000
-16.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%
Original Mortgage
$359,771
Interest Rate
4.44%
Mortgage Type
VA

Purchase Details

Closed on
Apr 1, 2017
Bought by
Franks Ernestine K Trustee For

Purchase Details

Closed on
Mar 23, 2004
Sold by
Franks Ernestine K
Bought by
Franks Ernestine K and The Franks Family Credit Shelter Trust

Purchase Details

Closed on
Sep 12, 2000
Sold by
Franks Ernestine K and Franks Charles W
Bought by
Franks Charles W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$515,000 Surety Land Title
Kelly Timothy P $280,000 Attorney
Franks Ernestine K Trustee For $100 --
Franks Ernestine K -- --
Franks Charles W -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $3,650,496
Previous Owner Kelly Timothy P $359,771
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2022 10/11/22 Sold $515,000 -4.5% $466 / Sq Ft
07/12/2022 07/12/22 For Sale $539,000 +92.5% $488 / Sq Ft
04/30/2018 04/30/18 Sold $280,000 -16.4% $142 / Sq Ft View Prior Sale
01/08/2018 01/08/18 For Sale $335,000 -- $170 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,234 $320,864 $158,067 $162,797
2024 $5,142 $310,046 $149,747 $160,299
2023 $5,142 $300,631 $149,747 $150,884
2022 $4,248 $254,913 $124,790 $130,123
2021 $3,899 $219,609 $0 $0
2020 $2,925 $207,525 $0 $0
2019 $2,874 $202,860 $0 $0
2018 $2,743 $178,066 $0 $0
2017 $2,591 $168,069 $0 $0
2016 $2,381 $150,148 $0 $0
2015 $2,124 $125,303 $0 $0
2014 $1,807 $93,365 $0 $0
Source: Public Records

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 612489

Pensacola Association of REALTORS®

APN: 00-0S-00-9040-027-039

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