NOT LISTED FOR SALE

501 E Burgess Rd Unit C5 Pensacola, FL 32504

Estimated Value: $117,000 - $128,000

1 Bed
1 Bath
521 Sq Ft
$234/mo HOA Fee

Last Sold February 12, 2024

Last sale price $130,000 $250 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $992/month

5 Days on Market

Highlights

  • In Ground Pool
  • 3.2 Acre Lot
  • Traditional Architecture
  • Updated Kitchen
  • Vaulted Ceiling
  • Gazebo

About This Home

As of February 2024

The one you've been waiting for! Highly sought-after 1 bedroom/1 bath upper-level unit overlooking the pool at Riverwalk Condos in the heart of Northeast Pensacola, convenient to University of West Florida, Pensacola State College, Pensacola Christian College, West Florida Hospital Ascension Medical Group, and Baptist Hospital. Wonderful retail, restaurants, and coffee shops close by. Be in the center of it all; on a quiet side street, without through traffic. Riverwalk is a 72-unit condominium complex, of smaller lower density buildings of only 2 stories, with a beautiful community pool across from the condo. The interior design of this upper-level condo exudes a vintage chic and contemporary aesthetic, reminiscent of the stylish and modern vibes to maximize storage and functionality in a compact space - think IKEA and Anthropologie! The updated kitchen and bathroom, along with ample storage, and new LVP flooring throughout, create a trendy and inviting atmosphere that is both functional and visually appealing. HOA maintains the building exterior, roof, grounds maintenance, and the beautiful pool which the condo overlooks. Notable features include vaulted ceilings, fireplace, 2022-installed HVAC, Laundry Room off Kitchen with front-loading LG washer and dryer, custom-tiled travertine bath/shower surround, Primary Bedroom with separate walk-in closet, and lanai/porch area with exterior storage closet overlooking the pool. Excellent choice as a primary residence or investment property!

Last Agent to Sell the Property

Rachel Simerly

Compass Florida LLC Listed on: 01/05/2024

Compass Florida LLC

Last Buyer's Agent

WILLIAM MAYBIN

Connell & Company Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1985

Lot Details

  • 3.2

HOA Fees

  • $234 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 521 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Storage
  • Inside Utility

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Microwave
  • Freezer
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Guest Parking
  • On-Street Parking

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Gazebo

Schools

  • Holm Elementary School
  • Ferry Pass Middle School
  • Washington High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 301S307300005003

Community Details

Overview

  • Association fees include ground maintenance, insurance, maintenance, pest control, recreation facility

Amenities

  • Picnic Area

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,246

Year Built

Built in 1985

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Stories: 2
  • Parcel Number: 301S307300005003
  • Property Type: Residential
  • Year Built: 1985
  • Electric: Copper Wiring
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 3.2
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From 1-10, south on N. Davis Parkway - right onto E Burgess to the end of the street - left into Riverwalk - first right - C5 - is second-story unit in C building, right across from the pool.
  • Architectural Style: Traditional
  • Building Name: Riverwalk
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Kitchen Level: Second
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Freezer, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes
  • Interior Amenities: Storage, High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 521
  • Window Features: Some Blinds, Some Drapes
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Breakfast Bar
  • Living Room Living Room Level: Second
  • Master Bedroom Master Bedroom Level: Second
  • Master Bedroom Master Bedroom Width: 10.11
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Room Kitchen Features: Updated, Laminate Counters
  • Room Living Room Area: 187.24
  • Room Kitchen Area: 92.12
  • Room Master Bedroom Area: 128.397

Exterior Features

  • Roof: Composition
  • Lot Features: Interior Lot
  • Pool Features: Gunite, In Ground
  • Construction Type: Frame
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 1 Space/Unit, Guest, On Street
  • Total Parking Spaces: 1

Utilities

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Inside, W/D Hookups, Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool, Community Room, Pavilion/Gazebo, Picnic Area
  • Association Fee: 2808
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes, Size Limit

Fee Information

  • Association Fee Includes: Association, Maintenance Grounds, Insurance, Maintenance, Pest Control, Recreation Facility

Schools

  • Elementary School: Holm
  • High School: Washington
  • Middle Or Junior School: Ferry Pass

Lot Info

  • Lot Size Sq Ft: 139392
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 12, 2024
Sold by
Brown Taylor W and Brown Robert
Bought by
Bissell Andrew K
Seller's Agent
Rachel Simerly
Compass Florida LLC
Buyer's Agent
WILLIAM MAYBIN
Connell & Company Realty Inc.
List Price
$130,000
Sold Price
$130,000
Views
85
Current Estimated Value
$123,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,655
Avg. Annual Appreciation
-3.15%
Original Mortgage
$117,000
Outstanding Balance
$114,932
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$8,413

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 20, 2021
Sold by
Rosas Morgan J and Rosas Kelly
Bought by
Brown Taylor W and Brown Robert
Seller's Agent
Robin Bennett
SOUTHERN SHORES REALTY, INC.
Buyer's Agent
Luker Smith
KELLER WILLIAMS REALTY GULF COAST
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.51%
Original Mortgage
$85,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2003
Sold by
Tan Inv Group Inc
Bought by
Rosas Morgan J and Rosas Jefrery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,800
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2001
Sold by
Dunn Bill R
Bought by
Tan Inv Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
7.14%
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
Bissell Andrew K $130,000 None Listed On Document
Brown Taylor W $90,000 Surety Land Title Of Fl Llc
Rosas Morgan J $38,500 --
Tan Inv Group Inc $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bissell Andrew K $117,000
Previous Owner Brown Taylor W $85,500
Previous Owner Rosas Morgan J $30,800
Previous Owner Tan Inv Group Inc $25,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2024 02/12/24 Sold $130,000 0.0% $250 / Sq Ft
01/05/2024 01/05/24 For Sale $130,000 +44.4% $250 / Sq Ft
07/26/2021 07/26/21 Sold $90,000 +0.1% $173 / Sq Ft View Prior Sale
05/26/2021 05/26/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $89,900 -- $173 / 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 $1,246 $91,175 -- $91,175
2023 $1,246 $80,234 $0 $0
2022 $1,103 $72,940 $0 $72,940
2021 $797 $57,310 $0 $0
2020 $747 $54,705 $0 $0
2019 $710 $52,100 $0 $0
2018 $676 $48,297 $0 $0
2017 $541 $29,000 $0 $0
2016 $548 $29,000 $0 $0
2015 $530 $29,000 $0 $0
2014 $512 $28,396 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 638318

Pensacola Association of REALTORS®

APN: 30-1S-30-7300-005-003