NOT LISTED FOR SALE

3500 W Cervantes St Pensacola, FL 32505

West Pensacola Neighborhood

Estimated Value: $136,000 - $172,340

3 Beds
2 Baths
1,105 Sq Ft
$139/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $45,000 $41 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $969/month

129 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • No HOA
  • Pensacola High School Rated A-
  • Corner Lot
  • Double Pane Windows

About This Home

As of November 2017

NEW PRICE!! FRESH EXTERIOR PAINT! EXCELLENT INVESTMENT OPPORTUNITY! Charming, cottage-style home on a corner lot, that has been a consistently-occupied rental property for the past 10 years. The main house previously rented for up to $850/mo. This 3 bedroom/2 bath home on a large, corner lot, was updated in 2008 with new kitchen cabinets, exterior & interior doors, electrical, roof, HVAC Unit, double-pane windows, and hot water heater. A separate building in the rear of the home houses 2 storage areas and a full bath. A new buyer could turn this building into another income producing unit! Call today for your showing appointment of this home. Motivated seller. Will consider all reasonable offers. Owner financing considered with $10,000 down. Buyer to verify all information.

Last Agent to Sell the Property

Allison Brandt

Levin Rinke Realty Listed on: 06/30/2017

Levin Rinke Realty

Last Buyer's Agent

James Gilbert

KELLER WILLIAMS REALTY GULF COAST

KELLER WILLIAMS REALTY GULF COAST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1979

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions: 90
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Off Grade Structure
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,105 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Mulworth Subdivision

Listing and Financial Details

  • Assessor Parcel Number 332S303300091265

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,579

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Stories: 2
  • Parcel Number: 332S303300091265
  • Property Type: Residential
  • Year Built: 1979
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.23
  • Lot Size: 90 x 110
  • Subdivision Name: Mulworth
  • Directions: From W. Cervantes St (downtown area), head west. Stay on Cervantes St. The road will turn into Mobile Highway at W. V St. Head west on Mobile Highway. Turn left (south) onto Grandview St. Turn right onto W. Cervantes St. Home is on the NW corner of Grandview and Cervantes Streets.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Heat Pump
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Carpet
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Living/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 10
  • Room Kitchen Features: Updated, Pantry, Tile Counters
  • Room Living Room Area: 100
  • Room Kitchen Area: 100
  • Room Master Bedroom Area: 100

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Off Grade
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Heating: Heat Pump, Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Nov 30, 2017
Sold by
Toner Charles H
Bought by
Long Meng Y
Seller's Agent
Allison Brandt
Levin Rinke Realty
Buyer's Agent
James Gilbert
KELLER WILLIAMS REALTY GULF COAST
List Price
$58,800
Sold Price
$45,000
Premium/Discount to List
-$13,800
-23.47%
Current Estimated Value
$153,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,835
Avg. Annual Appreciation
17.21%

Purchase Details

Closed on
Jun 1, 2017
Bought by
Nekrasov Boris Est Of

Purchase Details

Closed on
Jan 7, 2010
Sold by
Nekrasov Boris
Bought by
Bhatti Herdeypal Singh and Kaur Ipinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 13, 2007
Sold by
88 Inc
Bought by
Nekrasov Boris

Purchase Details

Closed on
Feb 15, 2007
Sold by
Sasser John P and Sasser Stephanie K
Bought by
88 Inc

Purchase Details

Closed on
Mar 16, 2004
Sold by
Jones James A and Jones Cherry D
Bought by
Sasser John P and Sasser Stephanie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1999
Sold by
Cecil Michael W
Bought by
Jones James A and Jones Cherry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,800
Interest Rate
7.7%

Purchase Details

Closed on
Jul 23, 1999
Sold by
Kim Bok Hee Lee and Cecil Chong O
Bought by
Jones James A and Jones Cherry D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,800
Interest Rate
7.7%
Source: Public Records

Range of Values:

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Average Value
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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
Long Meng Y $45,000 Surety Land Title Of Florida
Nekrasov Boris Est Of $100 --
Bhatti Herdeypal Singh $75,000 First American Title
Nekrasov Boris $30,000 Attorney
88 Inc $10,000 First American Title Ins Co
Sasser John P $11,800 Logan Title
Jones James A $22,000 --
Jones James A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhatti Herdeypal Singh $70,000
Previous Owner Sasser John P $12,500
Previous Owner Jones James A $19,800
Previous Owner Jones James A $19,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $45,000 -9.8% $41 / Sq Ft
11/01/2017 11/01/17 Price Changed $49,900 -15.1% $45 / Sq Ft
06/30/2017 06/30/17 For Sale $58,800 -- $53 / 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 $1,579 $134,069 $17,041 $117,028
2023 $1,579 $102,180 $0 $0
2022 $1,455 $108,989 $10,328 $98,661
2021 $1,300 $85,351 $0 $0
2020 $1,171 $76,770 $0 $0
2019 $1,157 $75,132 $0 $0
2018 $1,126 $71,375 $0 $0
2017 $0 $62,146 $0 $0
2016 $1,008 $60,567 $0 $0
2015 $967 $58,547 $0 $0
2014 $929 $56,163 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allison Brandt

    Seller's Agent in 2017

    Allison Brandt

    Levin Rinke Realty

    (850) 530-1916

    6 in this area

    138 Total Sales

    Allison Brandt
    Section Image
  • James Gilbert

    Buyer's Agent in 2017

    James Gilbert

    KELLER WILLIAMS REALTY GULF COAST

    (850) 607-5531

    5 in this area

    58 Total Sales

    James Gilbert
    Section Image
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 520241

Pensacola Association of REALTORS®

APN: 33-2S-30-3300-091-265

Florida Escambia County Pensacola 32505 West Pensacola

3500 W Cervantes St, Pensacola, FL

This home is located at 3500 W Cervantes St, Pensacola, FL 32505 since 30 June 2017 and is currently estimated at $153,835, approximately $139 per square foot. This property was built in 1979. 3500 W Cervantes St is a home located in Escambia County with nearby schools including Warrington Middle School, Pensacola High School, and Dixon Christian School of the Arts.

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