NOT LISTED FOR SALE

7196 Sharp Reef Rd Unit 1 Pensacola, FL 32507

Perdido Key Neighborhood

Estimated Value: $703,300 - $792,000

3 Beds
2.5 Baths
1,547 Sq Ft
$474/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $575,000 $372 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,663/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Lift
  • Home fronts a canal
  • Community Beach Access
  • Gulf View
  • 1 Fireplace

About This Home

As of June 2021

Rare Corner Unit and a True Waterfront Paradise! 2 BOAT SLIPS and Deeded Gulf Access across the street! This Townhome (meaning you OWN the waterfront property unlike a condo) is a true gem has unobstructed breathtaking views of Old River yet offers the protected waters of the Perdido Key Coves Boat Basin. Enjoy overlooking your BOATS while watching dolphins play in the water directly in front of you! The PERFECT place for not only boating but fabulous Paddle Boarding, Kayaking, Swimming and Fishing. This darling property is an absolute show stopper from the moment you walk in the door, views abound but the home is newly decorated as the Ultimate Happy Place! In addition to the main living area there is a separate Waterfront Apartment on the first level that is well...A Mini Happy Place where your guests will beg to stay! The waterfront decks feature the ultimate New Stainless Steel Wire Railing for optimum view and very chic decks. This home will not last long with the totally updated interior and decks, and the view from this River and Gulf view corner unit that are truly Million Dollar Views, not to mention that it has TWO PRIVATE BOAT SLIPS, INCLUDING ONE BOAT LIFT (could add another boat lift or use the other slip for sailboat or various water toys!) Will be available to show on April 3, 2021!

Last Agent to Sell the Property

Lauren Moore

Levin Rinke Realty Listed on: 04/03/2021

Levin Rinke Realty

Last Buyer's Agent

Lauren Moore

Levin Rinke Realty Listed on: 04/03/2021

Levin Rinke Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1983

Lot Details

  • Home fronts a canal

HOA Fees

  • $134 Monthly HOA Fees

Property Views

  • Gulf
  • River
  • Canal

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,547 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • On-Street Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean
  • Boat Lift
  • Outdoor Storage
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 323S321301010012

Community Details

Overview

  • Association fees include management, common area maintenance, recreational facilities, trash
  • Pelican Cove Community
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,871

Year Built

Built in 1983

Lot Details

0

HOA Fees

$134 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Intersecting Street: Perdido Key Drive
  • Property Amenities: Storage-Out, Porch-Back
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Town Home
  • View: Direct Gulf-Across Rd, Indirect River Side, Canal
  • Owners Association: Yes
  • Parcel Id Tax Id: 323S321301010012
  • Year Built: 1983
  • Geo Subdivision: FL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator, Washer
  • Estimated Living Area: 1547
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 15x12, On Level: 2
  • Bedroom 3: Dimensions: 14x10, On Level: Lower Level
  • Bedrooms: 3
  • Floors: Carpet, Laminate
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 13x12, On Level: 2
  • Living Dining: Dimensions: 22x13, On Level: 2
  • Master Bed: Dimensions: 16x14, On Level: 3
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 371.69
  • Property Interior Stories: 3

Exterior Features

  • Boat Facilities: Assigned Slip, Boat Dock, Boat Lift
  • Body Of Water: Canal To Old River
  • Exterior Finish: Wood
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Canal Front - Building, Deeded Access, Gulf Accs (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Single Garage, On Street

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Underground Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 134
  • Association Fees Include: Association Management, Common Area Maintenance, Recreational Facilities, Trash
  • Community Amenities: Pets - Allowed, Tennis/Racquetball, Water Access-Deeded
  • Condo Complex: Pelican Cove

Schools

  • Elementary School: Not Baldwin County
  • High School: Not Baldwin County

Lot Info

  • Lot Description: Less Than 1 Acre, Water View, Waterfront, Boat Lift, Subdivision
  • Lot Size: .67

Rental Info

  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 3871.00
  • Assessor Parcel Number: 104598456

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
Jun 3, 2021
Sold by
Smith Susan Lynn
Bought by
Fowler Matthew C and Fowler Katrina J
Seller's Agent
Lauren Moore
Levin Rinke Realty
Buyer's Agent
Lauren Moore
Levin Rinke Realty
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$733,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,325
Avg. Annual Appreciation
5.74%
Original Mortgage
$460,000
Outstanding Balance
$416,473
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$316,852

Purchase Details

Closed on
Jul 23, 2008
Sold by
Tonsmeire Arthur C
Bought by
Smith Susan Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1997
Sold by
Pfister Richard
Bought by
Tonsmeire Arthur C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.97%
Source: Public Records

Range of Values:

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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
Fowler Matthew C $575,000 Attorney
Smith Susan Lynn $250,000 Attorney
Tonsmeire Arthur C $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Matthew C $460,000
Previous Owner Smith Susan Lynn $250,000
Previous Owner Tonsmeire Arthur C $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $575,000 0.0% $372 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $575,000 -- $372 / Sq Ft
Source: Baldwin 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 $7,688 $606,014 $100,000 $506,014
2023 $7,688 $567,505 $0 $0
2022 $7,037 $515,914 $100,000 $415,914
2021 $4,337 $379,858 $0 $0
2020 $3,996 $355,995 $0 $0
2019 $3,031 $211,537 $0 $0
2018 $3,127 $232,298 $0 $0
2017 $2,718 $181,000 $0 $0
2016 $2,649 $173,199 $0 $0
2015 $2,665 $173,199 $0 $0
2014 $2,709 $174,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Moore

    Seller's Agent in 2021

    Lauren Moore

    Levin Rinke Realty

    (850) 572-1837

    25 in this area

    47 Total Sales

    Lauren Moore
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Map

Source: Baldwin REALTORS®

MLS Number: 311856

Baldwin REALTORS®

APN: 32-3S-32-1301-010-012

Florida Escambia County Pensacola 32507 Perdido Key

7196 Sharp Reef Rd Unit 1, Pensacola, FL

This home is located at 7196 Sharp Reef Rd Unit 1, Pensacola, FL 32507 since 03 April 2021 and is currently estimated at $733,325, approximately $474 per square foot. This property was built in 1983. 7196 Sharp Reef Rd Unit 1 is a home located in Escambia County with nearby schools including Hellen Caro Elementary School, Jim C. Bailey Middle School, and Escambia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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