NOT LISTED FOR SALE

212 W Wright St Pensacola, FL 32501

-- Bed
-- Bath
2,540 Sq Ft
10,454 Sq Ft

Last Sold November 07, 2016

Last sale price $245,000 $96 Per Sq Ft

114 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Inside Utility
  • High Ceiling
  • Patio
  • Guest Parking

About This Home

As of November 2016

Cap rate 10.2% after current expenses! This is a beautiful home with many updates. Transformed to apartments years ago. 3 apartments in main house and 1 apartment in detached building. Square foot is estimate based on county property appraiser and includes detached apartment. Beautiful pine floors, new roof 2005, 2 water heaters new in 2006, 3 separate central AC units new in 2006, 3 refrigerators and 3 ranges new in 2006, new ceiling fans in 2006, new front porch decking 2007, new blown insulation in attic 2006. Survey is attached as well as plans for 2 townhomes that owner was considering building on rear of the property. The upstairs apartment is 3 bedrooms and the others are all 1 bedroom. In my opinion the rents are too low. He rents them instantly when they come available. Owner pays all utilities too. 3 bedroom unit $875. 1 bedroom unit $850 1 bedroom unit $850. Detached apartment $565.

Last Agent to Sell the Property

Sam Rogers

Connell & Company Realty Inc. Listed on: 05/09/2016

Co-Listed By

Pat Boudreaux

Connell & Company Realty Inc.

Last Buyer's Agent

Jack Williams

Stirling Properties of Louisiana

Stirling Properties of Louisiana

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • Partially Fenced Property

Parking

  • Guest Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,540 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Inside Utility
  • Wood Flooring

Outdoor Features

  • Patio
  • Porch

Schools

  • Global Learning Academy Elementary School
  • Workman Middle School
  • Pensacola High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 4 Units
  • Belmont Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009010230006

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Stories: 2
  • Parcel Number: 000S009010230006
  • Property Type: Residential Income
  • Year Built: 1911
  • Electric: Circuit Breakers
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: 70x150
  • Co List Office Mls Id: C&M001
  • Co List Office Phone: 850-478-4141
  • Subdivision Name: Belmont Tract
  • Directions: South on Palafox to right on Wright St (Christ Episcopal Church) house is on the right side of street.
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), High Ceilings, High Speed Internet

Exterior Features

  • Roof: Composition
  • Fencing: Partial
  • Lot Features: Central Access
  • Pool Features: None
  • Construction Type: Frame
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Guest

Utilities

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

Schools

  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • Zoning Description: Commercial,Res Multi
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 28180
  • Annual Operating Expense: 9500
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2016 11/07/16 Sold $245,000 -10.9% $96 / Sq Ft
08/30/2016 08/30/16 Pending -- -- --
05/08/2016 05/08/16 For Sale $275,000 -- $108 / 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 $5,710 $359,694 $126,000 $233,694
2024 $5,559 $335,385 $105,000 $230,385
2023 $5,559 $323,083 $105,000 $218,083
2022 $5,242 $301,949 $105,000 $196,949
2021 $4,193 $239,069 $0 $0
2020 $3,706 $210,949 $0 $0
2019 $3,578 $202,164 $0 $0
2018 $3,498 $194,379 $0 $0
2017 $3,370 $183,917 $0 $0
2016 $1,650 $127,351 $0 $0
2015 -- $126,466 $0 $0
2014 -- $125,463 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 499423

Pensacola Association of REALTORS®

APN: 00-0S-00-9010-230-006

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