$70,000
SOLD JUN 27, 2025
2 Beds
1 Bath
1,008 Sq Ft
0.26 Acres

Recently Sold

$69 Per Sq Ft

44% Below List Price

68 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating and Cooling System
  • Pensacola High School Rated A-
  • Cottage
  • 1-Story Property

About This Home

As of June 2025

Step back in time with this vintage 1948 home, ready for your creative vision! Nestled in a well-established neighborhood, this property offers a unique opportunity to restore and personalize a classic home. This house is a perfect canvas for those looking to bring their dream home to life. The large yard provides plenty of space for gardening, outdoor entertaining, or expansion possibilities. While this home does require repairs and updates. Conveniently located near local amenities, and parks, this property is brimming with potential. Come see the possibilities and make this home your own!

Last Agent to Sell the Property

Cindy Lukehart

EXP Realty, LLC Listed on: 03/14/2025

EXP Realty, LLC

Last Buyer's Agent

Troy Hammock

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,217

Year Built

  • Built in 1948

Lot Details

  • 0.26 Acre Lot

Parking

  • Driveway

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Warrington Elementary School
  • Warrington Middle School
  • Pensacola High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 592S301000007007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,217

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 592S301000007007
  • Property Type: Residential
  • Year Built: 1948
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.26
  • Road Surface Type: Paved
  • Subdivision Name: Lakewood
  • Directions: South Pace Blvd at Barancas travel West. Cross over Bayou Chico Bridge . Turn North on Lakewood, Turn Left on Alba Plena, Turn Righ on Hermey. Home is on the right.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: No Energy Features
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Vinyl
  • Living Area: 1008
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: None
  • Room Kitchen Features: Not Updated
  • Room Kitchen Area: 110

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Warrington Elementary
  • High School: Pensacola
  • Middle Or Junior School: WARRINGTON

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Zoning Description: County,Res Single

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Jun 27, 2025
Sold by
Sorrells Jeffrey Trey Owens
Bought by
Martins Acquisitions Llc
Seller's Agent
Cindy Lukehart
EXP Realty, LLC
Buyer's Agent
Troy Hammock
Coldwell Banker Realty
List Price
$125,000
Sold Price
$70,000
Premium/Discount to List
-$55,000
-44%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1524.07%
Original Mortgage
$129,500
Outstanding Balance
$108,224
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$1,120

Purchase Details

Closed on
Oct 6, 2024
Sold by
Owens Robert Willie
Bought by
Sorrells Jeffrey Trey Owens

Purchase Details

Closed on
Nov 29, 2017
Sold by
Owens Gunger Ann
Bought by
Willie Robert

Purchase Details

Closed on
Dec 30, 2016
Sold by
Futral Wanda Kay
Bought by
Owens Robert Willie

Purchase Details

Closed on
Dec 1, 2016
Bought by
Owens Ginger Ann and Owens Rober

Purchase Details

Closed on
Apr 1, 2016
Sold by
Gulsby Pamela Suzanne and Bores Pamela Suzanne
Bought by
Owens Robert Willie
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 Absolute Title
Warranty Deed $70,000 Absolute Title
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed -- Attorney
Quit Claim Deed -- Attorney
Deed $100 --
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,500 Construction
Closed $129,500 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $70,000 -22.2% $69 / Sq Ft
05/21/2025 05/21/25 Pending -- -- --
05/02/2025 05/02/25 Price Changed $90,000 -10.0% $89 / Sq Ft
04/18/2025 04/18/25 Price Changed $100,000 -9.1% $99 / Sq Ft
04/06/2025 04/06/25 Price Changed $110,000 -12.0% $109 / Sq Ft
03/14/2025 03/14/25 For Sale $125,000 -- $124 / Sq Ft
Source: Pensacola 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 $1,217 $120,822 $35,000 $85,822
2023 $1,217 $67,098 $0 $0
2022 $1,072 $85,559 $12,000 $73,559
2021 $953 $66,009 $0 $0
2020 $866 $59,555 $0 $0
2019 $755 $45,830 $0 $0
2018 $730 $43,098 $0 $0
2017 $700 $40,092 $0 $0
2016 $695 $39,090 $0 $0
2015 $654 $37,421 $0 $0
2014 $739 $43,532 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 660799

Pensacola Association of REALTORS®

APN: 59-2S-30-1000-007-007