NOT LISTED FOR SALE

406 N C St Pensacola, FL 32501

Estimated Value: $98,000 - $252,000

2 Beds
1 Bath
660 Sq Ft
$260/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $50,872 $77 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $985/month

10 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • Cottage
  • Pensacola High School Rated A-
  • No HOA
  • Breakfast Bar

About This Home

As of April 2019

Investment Opportunity! This cute little cottage home in the heart of Downtown Pensacola can be your next money-maker with a built in tenant. Lease is $775/month through 1/31/2020. Fresh interior and exterior paint and new appliances. Potential cap rate with current income and expenses is 12%. Property next door at 408 C Street is also for sale.

Last Agent to Sell the Property

Patricia Sarfert

Coldwell Banker Realty Listed on: 03/17/2019

Coldwell Banker Realty

Last Buyer's Agent

MARY ADAMS

Sunstate Realty of Greater Pensacola FL, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,029

Year Built

  • Built in 1930

Lot Details

  • 2,492 Sq Ft Lot
  • Back Yard Fenced

Parking

  • On-Street Parking

Home Design

  • Cottage
  • Off Grade Structure
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 660 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • West King Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009060030019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,029

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 000S009060030019
  • Property Type: Residential
  • Year Built: 1930
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.0572
  • Road Surface Type: Paved
  • Subdivision Name: West King Tract
  • Directions: A Street to Belmont to North on C Street. 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, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Wood
  • Living Area: 660
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar
  • Living Room Living Room Level: First
  • Room Kitchen Features: Updated

Exterior Features

  • Roof: Metal
  • Fencing: Back Yard
  • Lot Features: Central Access
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Off Grade
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • 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: Workman

Lot Info

  • Lot Size Sq Ft: 2491.632
  • Zoning Description: City
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2019
Closed on
Apr 30, 2019
Sold by
406 C Llc
Bought by
Agadzi Victor Y and Etherium Investment Trust
Seller's Agent
Patricia Sarfert
Coldwell Banker Realty
Buyer's Agent
MARY ADAMS
Sunstate Realty of Greater Pensacola FL, LLC
List Price
$42,000
Sold Price
$50,872
Premium/Discount to List
$8,872
21.12%
Current Estimated Value
$171,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,946
Avg. Annual Appreciation
20.59%

Purchase Details

Closed on
Mar 12, 2010
Sold by
Goggin Terence A and Adams Audrey
Bought by
406 C Llc

Purchase Details

Closed on
Dec 23, 2009
Sold by
Zagorac Charles E
Bought by
Goggin Terence and Adams Audrey G

Purchase Details

Closed on
Oct 3, 2005
Sold by
Williams Jimmie
Bought by
Zagorac Charles E
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
Agadzi Victor Y $50,900 Attorney
406 C Llc -- None Available
Goggin Terence $25,000 Attorney
Zagorac Charles E $14,000 Lawyers Title Agency Of Nort
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $50,872 +21.1% $77 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $42,000 -- $64 / 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 $1,029 $76,550 $22,410 $54,140
2023 $1,029 $51,539 $0 $0
2022 $933 $66,136 $17,928 $48,208
2021 $814 $49,161 $0 $0
2020 $699 $38,723 $0 $0
2019 $520 $36,473 $0 $0
2018 $411 $21,537 $0 $0
2017 $392 $20,103 $0 $0
2016 $389 $19,626 $0 $0
2015 $393 $19,599 $0 $0
2014 $382 $18,874 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 550697

Pensacola Association of REALTORS®

APN: 00-0S-00-9060-030-019