NOT LISTED FOR SALE

5685 Nicholas Ln Pensacola, FL 32526

Estimated Value: $129,000 - $150,815

2 Beds
1.5 Baths
1,255 Sq Ft
$115/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $135,000 $108 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $863/month

133 Days on Market

Highlights

  • Country Style Home
  • Separate Outdoor Workshop
  • Double Pane Windows
  • No HOA
  • 1 Car Detached Garage
  • Central Heating and Cooling System

About This Home

As of December 2022

INVESTOR SPECIAL! This is a great investment opportunity that you dont want to miss. This is a very petite country style home with 2 bedrooms, 1 full bathroom, and 1 half bath. A lot of yard space on the outside perfect for gardening or landscaping. There is a spacious living room attached to the kitchen, it is an open space great for family time. Porch that leads to the main entrance of the home, and a slab of concrete on the side of the home that is under a car port. Whether its to renovate and rent out or fix and flip, this property is ready for it. This home has a roof & HVAC that was replaced in 2009. Home could use new flooring or a full carpet cleaning, as well as electrical repairs, and plumbing work. Kitchen could use some work, far right set of cabinets could be tore down to have the stove, that comes with property, in place of it. Restrooms are in fair condition but with the right renovations could be in tippity top shape. Property comes equipped with a detached garage that needs ceiling work, and can be used as a workshop or for a vehicle. Washer and dryer hook up inside of the storage room in front of the carport. If you see the potential in this property, then its perfect for the right investor. Rental income of roughly $10k+ per year with renovations. This is an excellent opportunity for seasoned and new investors, start your portfolio right! Home is being sold AS IS, stove does convey with property. Please no assignable contracts!

Last Agent to Sell the Property

GABRIEL BOLAR

LPT Realty Listed on: 06/01/2022

LPT Realty

Last Buyer's Agent

SUMMER MANDEL

Better Homes And Gardens Real Estate Main Street Properties

Better Homes And Gardens Real Estate Main Street Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $944

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • The property's road front is unimproved
  • Chain Link Fence

Home Design

  • Country Style Home
  • Gable Roof Shape
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,255 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Open Floorplan
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Schools

  • Bellview Elementary And Middle School
  • Pine Forest High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Satellite Dish

Additional Features

  • Energy-Efficient Insulation
  • Separate Outdoor Workshop

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 022S314103000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$944

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 022S314103000000
  • Property Type: Residential
  • Year Built: 1964
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.3
  • Road Surface Type: Unimproved
  • Subdivision Name: None
  • Directions: Off of Mobile Hwy take Saufley Field, then Left on Muldoon Rd, then Right on Nicholas Lane, property on the left hand side
  • Architectural Style: Country
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulated Walls
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Living Area: 1255
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Kitchen/Dining Combo, Living/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 14
  • Room Kitchen Features: Not Updated
  • Room Living Room Area: 165
  • Room Kitchen Area: 110
  • Room Master Bedroom Area: 140

Exterior Features

  • Roof: Composition, Gable
  • Fencing: Chain Link
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Slab
  • Other Structures: Workshop/Storage
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport, Detached
  • Total Parking Spaces: 1

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer, Septic Tank
  • Laundry Features: W/D Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Bellview
  • High School: Pine Forest
  • Middle Or Junior School: Bellview

Lot Info

  • Lot Size Sq Ft: 13068
  • Zoning Description: Unrestricted
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Dec 13, 2022
Sold by
Commercial Homes And Residential Investm
Bought by
Berglund Adam G and Coley Amber D
Seller's Agent
GABRIEL BOLAR
LPT Realty
Buyer's Agent
SUMMER MANDEL
Better Homes And Gardens Real Estate Main Street Properties
List Price
$125,000
Sold Price
$135,000
Premium/Discount to List
$10,000
8%
Views
40
Current Estimated Value
$143,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,954
Avg. Annual Appreciation
2.41%
Original Mortgage
$130,950
Outstanding Balance
$127,281
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$16,673

Purchase Details

Closed on
Dec 31, 2020
Sold by
Donley Theresa Ann
Bought by
Commercial Homes & Res Investments Sln L

Purchase Details

Closed on
Dec 29, 1998
Sold by
Nobles Rufu B and Nobles Mary Edith
Bought by
Board Of County Commissioners Escambia C
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
Berglund Adam G $135,000 Springdale Title
Commercial Homes & Res Investments Sln L $41,000 Clear Ttl Of Northwest Fl Ll
Board Of County Commissioners Escambia C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berglund Adam G $130,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $135,000 +8.0% $108 / Sq Ft
10/05/2022 10/05/22 For Sale $125,000 -7.4% $100 / Sq Ft
10/02/2022 10/02/22 Off Market $135,000 -- --
08/02/2022 08/02/22 Price Changed $125,000 -7.4% $100 / Sq Ft
06/28/2022 06/28/22 Price Changed $135,000 -6.9% $108 / Sq Ft
05/31/2022 05/31/22 For Sale $145,000 -- $116 / 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 $944 $105,057 -- --
2023 $944 $101,998 $12,800 $89,198
2022 $706 $45,515 $9,120 $36,395
2021 $653 $38,132 $0 $0
2020 $915 $57,979 $0 $0
2019 $879 $54,834 $0 $0
2018 $850 $51,687 $0 $0
2017 $2,213 $136,964 $0 $0
2016 $2,332 $142,827 $0 $0
2015 $2,220 $136,375 $0 $0
2014 $1,173 $131,073 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 609853

Pensacola Association of REALTORS®

APN: 02-2S-31-4103-000-000