NOT LISTED FOR SALE
-- Bed
-- Bath
2,540 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: November 7, 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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • Lot Dimensions are 70x150
  • 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

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

Closed on
Dec 17, 2024
Sold by
Bought by

Purchase Details

Closed on
Aug 25, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,781
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 9, 2016
Closed on
Nov 15, 2016
Sold by
Bought by
Seller's Agent
Sam Rogers
Connell & Company Realty Inc.
Buyer's Agent
Jack Williams
Stirling Properties of Louisiana
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%

Purchase Details

Closed on
Apr 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Nov 4, 2005
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Pensacola, FL

See All Agents

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
$100 None Listed On Document
-- Attorney
$245,000 Emerald Coast Title Inc
-- None Available
$190,000 Lawyers Title Ins
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 $153,781
Previous Owner $95,000
Previous Owner $75,000
Previous Owner $97,500
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
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

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 $6,282 $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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 499423

Pensacola Association of REALTORS®

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

Your Personal Tour Guide

Ask me questions while you tour the home.