NOT LISTED FOR SALE

701 N Palafox St Pensacola, FL 32501

Estimated Value: $520,309 - $761,000

6 Beds
4 Baths
5,000 Sq Ft
$129/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $369,000 $74 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,772/month

97 Days on Market

Highlights

  • Spa
  • Traditional Architecture
  • Jetted Tub in Primary Bathroom
  • Pensacola High School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2021

Built in 1900 atop the hill on the corner of Palafox and Gadsden St overlooking Downtown Pensacola, this was the home of Admiral Austin Doyle who served as Commanding Officer of the Aircraft Carrier U.S.S. HORNET. There are many possibilities with this property. Zoned for commercial or residential use and with 6 bedrooms and 4 full bathrooms, this property would make an excellent home for a large family, as an income producing property, as an office, or a bed and breakfast. Walk a few blocks south for entertainment, dining, and shopping on Palafox St, designated as one of the ten great streets in America by the American Planning Association. Call today to schedule a private showing or tour the the home from the comfort of yours, with a 3D Virtual Tour.

Last Agent to Sell the Property

Jon Shell

Levin Rinke Realty Listed on: 02/07/2020

Levin Rinke Realty

Last Buyer's Agent

Jack Broomes

KELLER WILLIAMS REALTY GULF COAST

KELLER WILLIAMS REALTY GULF COAST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,809

Year Built

  • Built in 1900

Lot Details

  • 0.36 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Off Grade Structure
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Home Office
  • Storage
  • Laundry Room

Kitchen

  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Spa Bath
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Spa

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • North Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009010141032

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,809

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Stories: 3
  • Parcel Number: 000S009010141032
  • Property Type: Residential
  • Year Built: 1900
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.36
  • Subdivision Name: North Hill
  • Directions: Heading West on Cervantes, turn right onto N Palafox. Home will be on the right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Spa Features: Bath
  • Private Spa: Yes
  • Appliances: Electric Water Heater, Dishwasher, Disposal, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Two or More
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Storage, Ceiling Fan(s), High Ceilings, Office/Study
  • Living Area: 5000
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Formal Dining Room, Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Master Bedroom Master Bedroom Width: 17
  • Master Bedroom Features: High Ceilings, Walk-In Closet(s)
  • Room Kitchen Features: Not Updated, Solid Surface Countertops
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 238
  • Room Dining Room Area: 270
  • Master Bathroom Features: Jetted Tub, Separate Shower, Walk-In Closet(s)

Exterior Features

  • Roof: Composition
  • Fencing: Back Yard, Privacy
  • Lot Features: Corner Lot
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Off Grade
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Multi Units, Central
  • Cooling: Multi Units, Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • Lot Size Sq Ft: 15681.6
  • Zoning Description: Commercial,Res Single
  • ResoLotSizeUnits: Acres

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Jan 21, 2021
Sold by
Edwards Evan B
Bought by
Holloway Raven
Seller's Agent
Jon Shell
Levin Rinke Realty
Buyer's Agent
Jack Broomes
KELLER WILLIAMS REALTY GULF COAST
List Price
$399,000
Sold Price
$369,000
Premium/Discount to List
-$30,000
-7.52%
Current Estimated Value
$644,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,077
Avg. Annual Appreciation
12.39%
Original Mortgage
$165,000
Outstanding Balance
$147,263
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$496,814
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
Holloway Raven $369,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holloway Raven $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2021 01/21/21 Sold $369,000 0.0% $74 / Sq Ft
03/18/2020 03/18/20 Off Market $369,000 -- --
02/26/2020 02/26/20 Price Changed $375,000 -6.0% $75 / Sq Ft
02/07/2020 02/07/20 For Sale $399,000 -- $80 / 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 $4,809 $332,390 -- --
2023 $4,809 $322,709 $0 $0
2022 $4,689 $313,310 $0 $0
2021 $3,901 $266,071 $0 $0
2020 $3,793 $262,398 $0 $0
2019 $3,717 $256,499 $0 $0
2018 $3,697 $251,717 $0 $0
2017 $3,673 $246,540 $0 $0
2016 $3,634 $241,470 $0 $0
2015 $3,653 $239,792 $0 $0
2014 $3,658 $237,889 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jon Shell

    Seller's Agent in 2021

    Jon Shell

    Levin Rinke Realty

    (850) 572-0488

    49 in this area

    132 Total Sales

    Jon Shell
    Section Image
  • Jack Broomes

    Buyer's Agent in 2021

    Jack Broomes

    KELLER WILLIAMS REALTY GULF COAST

    (850) 748-7518

    16 in this area

    119 Total Sales

    Jack Broomes
    Section Image
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 567408

Pensacola Association of REALTORS®

APN: 00-0S-00-9010-141-032

Florida Escambia County Pensacola 32501

701 N Palafox St, Pensacola, FL

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