Seller's Agent in 2023
Tom Elkins
EXP Realty, LLC
(850) 497-4398
9 in this area
23 Total Sales
524 Pelham Rd Pensacola, FL 32507
Estimated Value: $159,000 - $190,000
2
Beds
1
Bath
805
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- Parking available for a boat
- Updated Kitchen
- Cottage
- Pensacola High School Rated A-
- No HOA
- Interior Lot
About This Home
As of June 2023Fully Furnished Turnkey Opportunity! This well appointed small two bedroom home is right off of Navy Blvd with easy access to downtown, NAS, and Corry Station. Has been operating for 2 years as Short Term Rental on Airbnb. Gross Receipts over 40K Annual. Excellent return for the investment dollar or you can move right in to an affordable housing situation under 200k without having to do major renovations. Really cute and low maintenance/upkeep. Brand New Waterproof Laminate Flooring installed 2023. Home was fully updated in 2020 - new roof/hvac/floors/paint/kitchen etc. Both Bedrooms feature Queen Beds. Compact but very functional layout. Laundry & Storage off back door/covered carport. Large front and back yards with mature trees. Plenty of space for parking and no HOA restrictions. Neighborhood features a nice park in walking distance with water access to bayou. Close to boat launches and convenient to beaches/freeway. MDR Zoning allows for an additional accessory dwelling so you can expand in this location if you choose. Quality furnishings all convey as-is. Seller can help transition you into running the rental if you'd like.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,207
Year Built
- Built in 1952
Lot Details
- 9,662 Sq Ft Lot
- Back Yard Fenced
- Interior Lot
Home Design
- Cottage
- Slab Foundation
- Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 805 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Combination Dining and Living Room
- Vinyl Flooring
- Updated Kitchen
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 1 Parking Space
- 1 Carport Space
- Guest Parking
- Parking available for a boat
- RV Access or Parking
Schools
- Warrington Elementary School
- Warrington Middle School
- Pensacola High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Edgewater Subdivision
Listing and Financial Details
- Assessor Parcel Number 372S301001017008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2020
Closed on
Nov 24, 2020
Sold by
Brantley Pamela K and Pamela Keen Living Trust
Bought by
Elkins Thomas Hahn and Elkins Jennifer J
Seller's Agent
Pamela Keen Brantley
REALTY MASTERS
Buyer's Agent
Tom Elkins
EXP Realty, LLC
List Price
$85,000
Sold Price
$88,000
Premium/Discount to List
$3,000
3.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,472
Avg. Annual Appreciation
14.89%
Original Mortgage
$85,360
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 14, 2019
Sold by
Baker Bennie R and Baker Bennie R
Bought by
Brantley Pamela K and Pamela Keen Living Trust
Purchase Details
Closed on
Sep 4, 2015
Sold by
Baker Benni
Bought by
Caldwell Samuel Delma
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Elkins Thomas Hahn | $88,000 | Attorney | |
| Brantley Pamela K | $20,000 | Clear Ttl Of Northwest Fl Ll | |
| Baker Bennie R | -- | Clear Ttl Of Northwest Fl Ll | |
| Caldwell Samuel Delma | $10,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Elkins Thomas Hahn | $85,360 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/19/2023 06/19/23 | Sold | $180,000 | -2.7% | $224 / Sq Ft | |
| 05/22/2023 05/22/23 | Price Changed | $185,000 | -3.1% | $230 / Sq Ft | |
| 03/31/2023 03/31/23 | Price Changed | $191,000 | -1.0% | $237 / Sq Ft | |
| 03/01/2023 03/01/23 | Price Changed | $193,000 | -1.0% | $240 / Sq Ft | |
| 01/16/2023 01/16/23 | Price Changed | $195,000 | +11.4% | $242 / Sq Ft | |
| 12/20/2022 12/20/22 | For Sale | $175,000 | +98.9% | $217 / Sq Ft | |
| 11/24/2020 11/24/20 | Sold | $88,000 | +3.5% | $109 / Sq Ft | View Prior Sale |
| 09/09/2020 09/09/20 | For Sale | $85,000 | -- | $106 / Sq Ft |
Source: Pensacola Association of REALTORS®
Tax History Compared to Growth
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 | $1,207 | $106,224 | $15,000 | $91,224 |
| 2023 | $1,207 | $96,175 | $15,000 | $81,175 |
| 2022 | $1,048 | $73,695 | $8,000 | $65,695 |
| 2021 | $952 | $59,724 | $0 | $0 |
| 2020 | $820 | $50,983 | $0 | $0 |
| 2019 | $235 | $8,000 | $0 | $0 |
| 2018 | $237 | $8,001 | $0 | $0 |
| 2017 | $240 | $8,001 | $0 | $0 |
| 2016 | $242 | $8,001 | $0 | $0 |
| 2015 | $219 | $8,001 | $0 | $0 |
| 2014 | $285 | $13,301 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Elkins
-
Sarah Kaiser
S
Buyer's Agent in 2023
Sarah Kaiser
Key Impressions LLC
(850) 221-6193
6 in this area
57 Total Sales
-
P
Seller's Agent in 2020
Pamela Keen Brantley
REALTY MASTERS
Map
Source: Pensacola Association of REALTORS®
MLS Number: 620196
APN: 37-2S-30-1001-017-008
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