NOT LISTED FOR SALE

517 W Wright St Pensacola, FL 32501

Estimated Value: $493,000 - $771,000

4 Beds
3.5 Baths
2,220 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 06, 2020

Last sale price $485,000 $218 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,528/month

18 Days on Market

Highlights

  • Guest House
  • Craftsman Architecture
  • High Ceiling
  • Pensacola High School Rated A-
  • Deck
  • No HOA

About This Home

As of May 2020

This charming, upscale Craftsman style home features a detached 2 car garage and guest apartment. With three bedrooms and 2.5 baths, the open floor plan is perfect for entertaining as well as daily living. With the high ceilings, recessed lights, 6’ windows with transom accent, and neutral color throughout, it is light, bright and inviting. A covered front porch and 2nd story New Orleans look railed balcony that runs the width of the home create the perfect entrance into a comfortable living area. The adjacent dining area and spacious kitchen add to the value and liveability. The rough hewn wood beams that create a visual separation into the dining area have a timeless look and appeal. The kitchen island is dramatic with an oversized white Carrera quartz countertop and bar seating for 4, with oversized pendant lights as the perfect accent. The kitchen with white subway backsplash, stainless appliances, a breakfast nook and generous cabinet storage in a soft gray has an urban look and feel. Upstairs, the master bedroom has large windows and an ensuite bath with eye-catching large patterned arabesque style tile to add interest and texture. The additional two bedrooms share a full bath with white quartz counter, subway backsplash and combo tub/shower. A large laundry room is conveniently located near the bedrooms. Very attractive, the garage apartment, 1 Bedroom, 1 bath.. open floor plan and space reflects the style of the home and provides an easy lifestyle in a private setting. Convenience, walking to neighborhood Belmont restaurants and galleries and the close proximity to downtown make this home an easy choice! .

Last Agent to Sell the Property

Mark Lee Team

Levin Rinke Realty Listed on: 01/28/2020

Levin Rinke Realty

Last Buyer's Agent

Daniel Elliott

The Realty Vault

The Realty Vault

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,205

Year Built

  • Built in 2018

Lot Details

  • 4,487 Sq Ft Lot
  • Lot Dimensions: 127.5
  • Back Yard Fenced

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,220 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Tankless Water Heater
  • High Speed Internet

Additional Features

  • Energy-Efficient Insulation
  • Guest House

Community Details

  • No Home Owners Association
  • Belmont Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009010028084

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,205

Year Built

Built in 2018

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Parcel Number: 000S009010028084
  • Property Type: Residential
  • Year Built: 2018
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.103
  • Lot Size: 127.5 x 30.99
  • Road Surface Type: Paved
  • Subdivision Name: Belmont Tract
  • Directions: West on Cervantes to South on DeVilliers to West on Wright to house to the South.
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulation, Insulated Walls
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Tankless Water Heater/Gas, Dishwasher, Disposal
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Interior Amenities: Ceiling Fan(s), High Ceilings, High Speed Internet, Recessed Lighting, Guest Room/In Law Suite
  • Living Area: 2220
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Eat-in Kitchen, Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Master Bedroom Master Bedroom Width: 13.333333
  • Master Bedroom Features: Ceiling Fan(s)
  • Room Kitchen Features: Not Updated, Kitchen Island
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 164.444444
  • Room Dining Room Area: 172.833333
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Pool Features: None
  • Construction Type: Frame
  • Exterior Features: Sprinkler
  • Foundation Details: Slab
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Heat Pump, Central
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups, Laundry Room
  • 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: Workman

Lot Info

  • Lot Size Sq Ft: 4486.68
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
May 4, 2020
Sold by
Guld Doc Llc
Bought by
Savacool Karl Eleftherios and Savacool Teresa
Seller's Agent
Mark Lee Team
Levin Rinke Realty
Buyer's Agent
Daniel Elliott
The Realty Vault
List Price
$519,000
Sold Price
$485,000
Premium/Discount to List
-$34,000
-6.55%
Current Estimated Value
$591,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,098
Avg. Annual Appreciation
3.68%
Original Mortgage
$436,500
Outstanding Balance
$388,241
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$202,857

Purchase Details

Listed on
Mar 13, 2018
Closed on
Oct 3, 2018
Sold by
Elder Grove Llc
Bought by
Gulf Doc Llc
Seller's Agent
Christine Landers
Key Impressions LLC
Buyer's Agent
John Ellis
Voyage Real Estate LLC
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.56%
Original Mortgage
$225,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 2017
Sold by
Free Masons Real Estate Invesments Llc
Bought by
Elder Grove Llc

Purchase Details

Closed on
Mar 1, 2016
Bought by
Free Masons Real Estate Invest

Purchase Details

Closed on
Nov 15, 2004
Sold by
Owens Charlie R
Bought by
Cicale Desiree

Purchase Details

Closed on
Sep 4, 2001
Sold by
Hale Henry J
Bought by
Owens Charlie R
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
Savacool Karl Eleftherios $485,000 Attorney
Gulf Doc Llc $370,000 Attorney
Elder Grove Llc $85,000 Attorney
Free Masons Real Estate Invest $600,000 --
Cicale Desiree -- --
Owens Charlie R $8,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savacool Karl Eleftherios $436,500
Previous Owner Gulf Doc Llc $225,000
Closed Owens Charlie R $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2020 05/06/20 Sold $485,000 -2.8% $218 / Sq Ft
02/27/2020 02/27/20 Price Changed $499,000 -3.9% $225 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $519,000 +40.3% $234 / Sq Ft
10/03/2018 10/03/18 Sold $370,000 -6.3% $215 / Sq Ft View Prior Sale
09/16/2018 09/16/18 Pending -- -- --
08/18/2018 08/18/18 Price Changed $395,000 -1.0% $230 / Sq Ft
03/13/2018 03/13/18 For Sale $399,000 -- $232 / 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 $5,205 $386,591 $81,675 $304,916
2023 $5,205 $290,917 $0 $0
2022 $4,751 $305,989 $56,628 $249,361
2021 $4,229 $240,428 $0 $0
2020 $3,276 $188,333 $0 $0
2019 $3,154 $180,048 $0 $0
2018 $569 $30,492 $0 $0
2017 $481 $25,047 $0 $0
2016 $258 $21,780 $0 $0
2015 $146 $6,186 $0 $0
2014 $145 $6,186 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 566817

Pensacola Association of REALTORS®

APN: 00-0S-00-9010-028-084