NOT LISTED FOR SALE
2 Beds
2 Baths
962 Sq Ft
1.73 Acre Lot

Sale Details

Date Sold: April 24, 2023

Last sale price $499,900 $520 Per Sq Ft

4 Days on Market

Highlights

  • Creek or Stream View
  • Patio
  • Tile Flooring
  • Interior Lot
  • Storage
  • Home fronts a stream

About This Home

As of April 2023

Turn key property! This 4-plex with an excellent rental and income history is a cash-flowing gem! Great Investor Opportunity to jumpstart or grow your portfolio. All four units are rented with a current annual gross rent of $45,000 and varying lease expiration dates present an opportunity for growth as rents are still below market. Great location, nicely tucked away in a quiet neighborhood. Near shopping on Davis Hwy, close to the university and colleges, medical and professional facilities, with easy access to downtown. This low maintenance 4-plex offers spacious 962 sf, 2 bed 2 bath apartments, each with central heat and air, inside laundry hookups, private patios, outside storage and all appliances, including a dishwasher, which are owned by the landlord and will convey to the buyer. Tenants pay for their own electricity, garbage and water. The units are tiled throughout, the interiors have been updated, the roof was replaced in 2019 and the septic system was just replaced in February of 2023, making it an excellent addition to any rental portfolio. Inside pictures were taken before units were rented.

Last Agent to Sell the Property

Fred Dubuisson

CENTURY 21 AMERISOUTH REALTY Brokerage Phone: 850-478-6800 Listed on: 03/11/2023

CENTURY 21 AMERISOUTH REALTY

Last Buyer's Agent

Andrew Bravomalo

Better Homes And Gardens Real Estate Main Street Properties

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 315x485x129.94x315
  • Home fronts a stream
  • Partially Fenced Property
  • Interior Lot

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Gable Roof Shape
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 962 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Storage
  • Washer and Dryer Hookup
  • Inside Utility
  • Tile Flooring
  • Creek or Stream Views

Kitchen

  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Holm Elementary School
  • Ferry Pass Middle School
  • Washington High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water/sewer
  • Assessor Parcel Number 291S303303000012

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

1.73 Acres

Listing Details

  • Stories: 1
  • Parcel Number: 291S303303000012
  • Property Type: Residential Income
  • Year Built: 1983
  • Electric: Circuit Breakers, Copper Wiring
  • Lease Term: 7 to 12 Months,Month To Month
  • Property Sub Type: Quadruplex
  • Horses: No
  • Lot Size: 315x485x129.94x315
  • Subdivision Name: None
  • Directions: From downtown, go west on Cervantes St. to Davis Hwy. Go north on Davis Hwy to Creighton Rd. (before Universtiy Mall). Turn left on Creighton then turn left at the dead end onto Hilburn Rd. then left again at the Circle K onto East Burgess Rd. Turn right onto Born Dr. The 4-plex will be on the right about 1/6 of a mile down Born Dr.
  • Building Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Attribution Contact: DIRCT: 850-478-6800
  • Special Features: None

Interior Features

  • Appliances: Water Heater, Electric Water Heater, Dishwasher, Refrigerator
  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Storage, Baseboards, Ceiling Fan(s)
  • Living Area: 962
  • Window Features: Some Blinds
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Roof: Shingle, Gable
  • Fencing: Partial
  • Lot Features: Central Access, Interior Lot
  • Pool Features: None
  • View: Creek/Stream
  • View: Yes
  • Waterfront Features: Creek/Stream, Natural
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Frame
  • Exterior Features: Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No

Schools

  • Elementary School: Holm
  • High School: Washington
  • Middle Or Junior School: Ferry Pass

Lot Info

  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Trash Collection, Water/Sewer

Multi Family

  • Number Of Units Total: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Catlett Gunnar
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$518,335
Interest Rate
6.67%
Mortgage Type
VA

Purchase Details

Listed on
Mar 11, 2023
Closed on
Apr 24, 2023
Sold by
Dubose Yong H
Bought by
Catlett Gunnar
Seller's Agent
Fred Dubuisson
CENTURY 21 AMERISOUTH REALTY
Buyer's Agent
Andrew Bravomalo
Better Homes And Gardens Real Estate Main Street Properties
List Price
$499,900
Sold Price
$499,900
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,925
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2018
Closed on
Oct 15, 2018
Sold by
Fitzi Iii Llc
Bought by
Dubose Yong H
Seller's Agent
BEVERLY MALE LINDSAY
ELITE PROPERTIES OF NW FL, INC.
Buyer's Agent
Fred Dubuisson
CENTURY 21 AMERISOUTH REALTY
List Price
$320,000
Sold Price
$275,000
Premium/Discount to List
-$45,000
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%

Purchase Details

Closed on
Oct 20, 2017
Sold by
Lizavenko Igor
Bought by
Stilson Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,661
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2014
Sold by
Mr Fitzgerald Thomas Trust
Bought by
Fitzi Iii Llc

Purchase Details

Closed on
Sep 29, 2005
Sold by
Fitzgerald Thomas
Bought by
Fitzgerald Thomas W and Thomas W Fitzgerald Revocable

Purchase Details

Closed on
Oct 20, 2004
Sold by
Panton Ian B
Bought by
Fitzgerald Thomas

Purchase Details

Closed on
Aug 1, 2003
Sold by
Cheney Frank A
Bought by
Panton Ian B
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 Pensacola Title
Catlett Gunnar $499,900 Pensacola Title
Dubose Yong H $275,000 Surety Land Title Of Flroida
Stilson Sharon $101,500 Attorney
Fitzi Iii Llc -- None Available
Fitzgerald Thomas W -- --
Fitzgerald Thomas $290,000 First American Title Ins Co
Panton Ian B $179,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $525,000
Previous Owner Catlett Gunnar $374,925
Previous Owner Stilson Sharon $99,661
Previous Owner Fitzgerald Thomas W $136,000
Previous Owner Fitzgerald Thomas W $80,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/24/2023 04/24/23 Sold $499,900 0.0% $520 / Sq Ft
03/11/2023 03/11/23 For Sale $499,900 +81.8% $520 / Sq Ft
10/15/2018 10/15/18 Sold $275,000 -13.8% $286 / Sq Ft View Prior Sale
08/11/2018 08/11/18 Pending -- -- --
06/16/2018 06/16/18 Price Changed $319,000 -0.3% $332 / Sq Ft
06/04/2018 06/04/18 For Sale $320,000 -- $333 / Sq Ft
Source: Pensacola Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,252 $398,789 $83,520 $315,269
2024 $3,974 $394,668 $83,520 $311,148
2023 $3,974 $226,823 $0 $0
2022 $3,360 $224,483 $24,795 $199,688
2021 $3,097 $187,458 $0 $0
2020 $2,941 $179,158 $0 $0
2019 $2,784 $166,153 $0 $0
2018 $2,628 $151,732 $0 $0
2017 $2,516 $140,605 $0 $0
2016 $2,386 $129,343 $0 $0
2015 $2,288 $127,498 $0 $0
2014 $2,183 $122,699 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 623717

Pensacola Association of REALTORS®

APN: 29-1S-30-3303-000-012

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