NOT LISTED FOR SALE

513 Waycross Ave Pensacola, FL 32507

Warrington Neighborhood

Estimated Value: $302,525

-- Bed
1 Bath
567 Sq Ft
$534/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $280,000 $494 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,905/month

110 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • 1-Story Property

About This Home

As of December 2022

11 pad Mobile home park in a gentrifying area with brand new homes built directly across the street. There are 10 park owned homes and one empty pad. 9 of the homes are currently rented bringing rental revenue. There are a few things that could be fixed to really bring rents up to market value. The park sits on 1.4 acres. Tenants are all paid up to date. Owner currently pays for water, trash, and lawn cutting. This is a very good deal for the right investor. It’s definitely priced to sell with so much value add to push rents higher.

Last Agent to Sell the Property

Cliff Glansen

Flatfee.com Inc. Listed on: 08/22/2022

Flatfee.com Inc.

Last Buyer's Agent

Outside Area Selling Agent

PAR Outside Area Listing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,225

Year Built

  • Built in 1964

Lot Details

  • 1.39

Home Design

  • Metal Roof

Interior Spaces

  • 567 Sq Ft Home
  • 1-Story Property

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 11 Units

Listing and Financial Details

  • Assessor Parcel Number 332S311000002026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,225

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 332S311000002026
  • Property Type: Residential Income
  • Year Built: 1964
  • Electric: Aluminum Wiring, Circuit Breakers
  • Property Sub Type: Other
  • Horses: No
  • Lot Size: 180x337
  • Subdivision Name: None
  • Directions: Head southwest on FL-292 W toward Tifton Ave Turn right onto Waycross Ave
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Exterior Features

  • Roof: Metal
  • Property Condition: Resale

Utilities

  • Heating: Wall/Window Unit(s)
  • Cooling: None, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 11
  • Vacancy Allowance Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Dec 13, 2022
Sold by
Waycross 513 Land Trust
Bought by
Southern Lion Llc Tr
Seller's Agent
Cliff Glansen
Flatfee.com Inc.
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$305,000
Sold Price
$280,000
Premium/Discount to List
-$25,000
-8.2%
Views
51
Current Estimated Value
$302,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,525
Avg. Annual Appreciation
2.86%

Purchase Details

Closed on
Nov 25, 2013
Sold by
Rice Marlene K and Davis Evelyn C
Bought by
Dixon Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,684
Interest Rate
4.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 19, 2002
Sold by
Doege Evelyn C
Bought by
Doege Evelyn C and Rise Marlene K
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Southern Lion Llc Tr $280,000 Southtrust Law & Title
Dixon Joseph D $75,000 Southern Guaranty Title Co
Doege Evelyn C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dixon Joseph D $73,684
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $280,000 -5.1% $494 / Sq Ft
08/31/2022 08/31/22 Price Changed $295,000 -3.3% $520 / Sq Ft
08/22/2022 08/22/22 For Sale $305,000 +10.9% $538 / Sq Ft
10/04/2021 10/04/21 Sold $275,000 -8.3% $18 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $300,000 -- $20 / 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 $3,225 $155,277 $56,295 $98,982
2023 $3,225 $139,169 $41,700 $97,469
2022 $3,204 $136,280 $41,700 $94,580
2021 $2,863 $124,935 $0 $0
2020 $2,554 $86,311 $0 $0
2019 $2,481 $80,282 $0 $0
2018 $2,488 $79,118 $0 $0
2017 $2,493 $77,809 $0 $0
2016 $2,517 $78,102 $0 $0
2015 $2,256 $78,077 $0 $0
2014 $2,106 $77,935 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cliff Glansen

    Seller's Agent in 2022

    Cliff Glansen

    LoKation Real Estate

    (954) 965-3990

    9 in this area

    5,841 Total Sales

    Cliff Glansen
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Area Selling Agent

    PAR Outside Area Listing Office

  • Stacey Rising

    Seller's Agent in 2021

    Stacey Rising

    Better Homes and Gardens Real Estate Main Street Properties

    (850) 206-9563

    7 in this area

    323 Total Sales

    Stacey Rising
    Section Image
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 614802

Pensacola Association of REALTORS®

APN: 33-2S-31-1000-002-026

Florida Escambia County Pensacola 32507 Warrington

513 Waycross Ave, Pensacola, FL

This home is located at 513 Waycross Ave, Pensacola, FL 32507 since 22 August 2022 and is currently estimated at $302,525, approximately $533 per square foot. This property was built in 1964. 513 Waycross Ave is a home located in Escambia County with nearby schools including Pleasant Grove Elementary School, Jim C. Bailey Middle School, and Escambia High School.

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