NOT LISTED FOR SALE

7196 Sharp Reef Rd Unit 1 Pensacola, FL 32507

Perdido Key Neighborhood

Estimated Value: $608,000 - $850,000

3 Beds
2.5 Baths
1,547 Sq Ft
$484/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2021

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

Est. 30% increase in value since last sale

Current estimated payment $4,912 / mo

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • River View
  • 1 Fireplace
  • Boat Lift
  • Waterfront
  • Rear Porch

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 Brokerage Phone: 850-572-1837 License #52013-1 Listed on: 04/03/2021

Levin Rinke Realty

Last Buyer's Agent

Lauren Moore

Levin Rinke Realty Brokerage Phone: 850-572-1837 License #52013-1 Listed on: 04/03/2021

Levin Rinke Realty

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1983

Lot Details

  • Waterfront

HOA Fees

  • $134 Monthly HOA Fees

Property Views

  • River
  • Canal

Home Design

  • Metal Roof

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
  • Boat Lift
  • Outdoor Storage
  • Rear Porch

Utilities

  • Heating Available
  • Underground Utilities

Community Details

  • Association fees include trash, recreation facilities, management, common area maintenance

Listing and Financial Details

  • Assessor Parcel Number 323S321301010012

Townhouse Details

Home Type

Townhome

Year Built

Built in 1983

Lot Details

0 Sq Ft Lot

HOA Fees

$134 per month

Listing Details

  • Property Type: Residential
  • View: Canal, Indirect River Side, Direct Gulf Across Road
  • Parcel Number: 323S321301010012
  • Year Built: 1983
  • Property Sub-Type: Residential Attached
  • ResoCommunityFeatures: Pets Allowed, Tennis Racquetball, Water Access Deeded
  • ResoLotFeatures: Waterfront, Boat Lift, Water View, Subdivision, Less Than 1 Acre
  • Water Body Name: Canal To Old River
  • Attribution Contact: PHONE: 850-572-1837
  • Co List Office Phone: 850-916-5050
  • MLS Status: Closed
  • Subdivision Name: Pelican Cove
  • Architectural Style: Single Story
  • Living Area: 1547
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Washer, Disposal, Microwave, Dishwasher, Refrigerator, Electric Range
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Stories: 3

Exterior Features

  • Roof: Metal
  • View: Yes
  • Waterfront Features: Deeded Access, Canal Front Building, Gulf Access Less Than Or Equal To Quarter Mile, Beach Access Less Than Or Equal To Quarter Mile
  • Exterior Features: Storage
  • Patio And Porch Features: Rear Porch

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: On Street, Single Garage

Utilities

  • Utilities: Underground Utilities
  • Heating: Electric
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 134
  • Association Fee Frequency: Monthly
  • Phone: 850-529-8463
  • Association: Yes

Fee Information

  • Association Fee Includes: Trash, Recreation Facilities, Association Management, Common Area Maintenance

Green Features

Multi Family

Tax Info

MLS Schools

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

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

Listed on
Apr 3, 2021
Closed on
Jun 3, 2021
Sold by
Bought by
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
$749,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,185
Avg. Annual Appreciation
5.25%
Original Mortgage
$460,000
Outstanding Balance
$407,291
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$341,894

Purchase Details

Closed on
Jul 23, 2008
Sold by
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
$250,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$575,000 None Listed On Document
$250,000 Attorney
$135,000 --
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 $460,000
Closed $460,000
Previous Owner $250,000
Previous Owner $42,000
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
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

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 $7,963 $650,130 $150,000 $500,130
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

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Map

Source: Baldwin REALTORS®

MLS Number: 311856

Baldwin REALTORS®

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

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