NOT LISTED FOR SALE

5794 Red Cedar St Pensacola, FL 32507

Southwest Pensacola Neighborhood

Estimated Value: $1,100,000 - $1,180,000

4 Beds
3 Baths
2,661 Sq Ft
$427/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $1,150,000 $432 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,857/month

92 Days on Market

Highlights

  • Boathouse
  • Boat Lift
  • Updated Kitchen
  • Docks
  • Property Fronts a Bay or Harbor
  • Deck

About This Home

As of May 2023

Welcome home to this Perdido Bay waterfront paradise. This 4 bedroom 3 bath home is located in a quiet cul-de-sac of the Innerarity Island private gated community. Overlooking Perdido Bay and Ono Island, the large back deck is perfect for coffee in the mornings and watching the sunset in the evenings. You'll enjoy the spacious kitchen and breakfast nook that looks out onto the water. This home features many updates including new hardwood flooring, granite countertops, a Tesla wall charging station, and a new 32 foot boathouse with a lift for a 16,000 lb boat. Schedule a showing today or drop by our open house on 1/14 11AM - 2PM.

Last Agent to Sell the Property

ROBIN SCOTT

Gulf Real Estate Group, LLC Listed on: 11/29/2022

Last Buyer's Agent

Chuck Barnes

HomeSmart Sunshine Realty

HomeSmart Sunshine Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,280

Year Built

  • Built in 1989

Lot Details

  • 0.31 Acre Lot
  • Property Fronts a Bay or Harbor
  • Interior Lot

HOA Fees

  • $36 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Floor Insulation
  • Shingle Roof

Interior Spaces

  • 2,661 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Insulated Doors
  • Formal Dining Room
  • Wood Flooring
  • Bay Views

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Boat Lift
  • Boathouse
  • Docks
  • Deck

Schools

  • Hellen Caro Elementary School
  • Bailey Middle School
  • Escambia High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Grinder Pump

Community Details

  • The Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 153S321103006003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,280

Year Built

Built in 1989

Lot Details

0

HOA Fees

$36 per month

Parking

2

Listing Details

  • Stories: 2
  • Parcel Number: 153S321103006003
  • Property Type: Residential
  • Year Built: 1989
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.31
  • Subdivision Name: The Cove
  • Directions: West on Innerarity Point Rd then South on Red Cedar St the second left and house is at the end of the road in the left cul-de-sac.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Insulation, Insulated Floors, Insulated Walls
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: High Ceilings
  • Living Area: 2661
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Breakfast Room/Nook, Formal Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 154
  • Master Bedroom Master Bedroom Width: 13
  • Room Bedroom2 Level: Second
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Room Kitchen Features: Updated, Granite Counters, Kitchen Island, Pantry
  • Room Living Room Area: 272
  • Room Kitchen Area: 140
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 195
  • Room Dining Room Area: 154
  • Master Bathroom Features: Double Vanity, Separate Shower, Solid Surface Countertops

Exterior Features

  • Roof: Shingle
  • Lot Features: Interior Lot
  • Pool Features: None
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay, Waterfront, Boat Lift, Natural
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Dock
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Boat House
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air
  • Sewer: Grinder Pump, Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 430
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: Bailey

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2022
Closed on
Apr 28, 2023
Sold by
Gimenez Federico and Gimenez Lilliam
Bought by
Vicini Edward and Vicini Virginia
Seller's Agent
ROBIN SCOTT
Gulf Real Estate Group, LLC
Buyer's Agent
Chuck Barnes
HomeSmart Sunshine Realty
List Price
$1,300,000
Sold Price
$1,150,000
Premium/Discount to List
-$150,000
-11.54%
Views
125
Current Estimated Value
$1,137,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,773
Avg. Annual Appreciation
-0.45%
Original Mortgage
$750,000
Outstanding Balance
$726,596
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$410,631

Purchase Details

Closed on
Mar 16, 2022
Sold by
Gimenez Properties Llc
Bought by
Gimenez Federico and Gimenez Lilliam

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 31, 2021
Sold by
Johnson Catherine N and Catherine N Johnson Living Tru
Bought by
Gimenez Properties Llc
Seller's Agent
John Alumbaugh
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
ROBIN SCOTT
Gulf Real Estate Group, LLC
List Price
$800,000
Sold Price
$800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$600,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 10, 2019
Sold by
Johnson Catherine N
Bought by
Rlt Johnosn Catherine N and Catherine N Johnson Rlt
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
Vicini Edward $1,150,000 Coastal Land Title
Gimenez Federico $100 Schultz Law Group Pllc
Gimenez Properties Llc $800,000 Setco Services Llc
Rlt Johnosn Catherine N -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vicini Edward $750,000
Previous Owner Gimenez Properties Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2023 05/01/23 Sold $1,150,000 -4.2% $432 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/11/2023 02/11/23 Price Changed $1,199,999 -4.0% $451 / Sq Ft
01/13/2023 01/13/23 Price Changed $1,250,000 -3.8% $470 / Sq Ft
11/29/2022 11/29/22 For Sale $1,300,000 +62.5% $489 / Sq Ft
09/17/2021 09/17/21 Sold $800,000 0.0% $301 / Sq Ft View Prior Sale
06/26/2021 06/26/21 For Sale $800,000 -- $301 / 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 $10,280 $742,709 $300,000 $442,709
2023 $10,280 $697,265 $300,000 $397,265
2022 $8,460 $554,483 $200,000 $354,483
2021 $3,179 $186,992 $0 $0
2020 $2,802 $236,161 $0 $0
2019 $2,846 $230,852 $0 $0
2018 $2,843 $226,548 $0 $0
2017 $0 $221,889 $0 $0
2016 $2,820 $217,326 $0 $0
2015 -- $215,816 $0 $0
2014 -- $214,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    ROBIN SCOTT

    Gulf Real Estate Group, LLC

    (850) 253-5528

    3 in this area

    9 Total Sales

    ROBIN SCOTT
    Section Image
  • Chuck Barnes

    Buyer's Agent in 2023

    Chuck Barnes

    HomeSmart Sunshine Realty

    (251) 609-4242

    4 in this area

    25 Total Sales

    Chuck Barnes
    Section Image
  • John Alumbaugh

    Seller's Agent in 2021

    John Alumbaugh

    KELLER WILLIAMS REALTY GULF COAST

    (850) 777-7347

    13 in this area

    210 Total Sales

    John Alumbaugh
    Section Image
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 619386

Pensacola Association of REALTORS®

APN: 15-3S-32-1103-006-003

Florida Escambia County Pensacola 32507 Southwest Pensacola

5794 Red Cedar St, Pensacola, FL

This home is located at 5794 Red Cedar St, Pensacola, FL 32507 since 29 November 2022 and is currently estimated at $1,137,227, approximately $427 per square foot. This property was built in 1989. 5794 Red Cedar St is a home located in Escambia County with nearby schools including Hellen Caro Elementary School, Jim C. Bailey Middle School, and Escambia High School.

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