NOT LISTED FOR SALE

7196 Sharp Reef Rd Unit 3 Pensacola, FL 32507

Perdido Key Neighborhood

Estimated Value: $687,319 - $750,000

2 Beds
2.5 Baths
1,570 Sq Ft
$455/Sq Ft Est. Value

Last Sold December 27, 2019

Last sale price $435,000 $277 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,257/month

29 Days on Market

Highlights

  • Views of a Sound
  • Boat Lift
  • Boat Slip
  • Boat Dock
  • Home fronts a sound
  • Home fronts a lagoon or estuary

About This Home

As of December 2019

Spectacularly located waterfront jewel with 2 boat slips, one boatlift and just steps to 2 miles of pristine Perdido Key State Park Beaches! Fully furnished and ready to enjoy, the main level includes a sizeable island/bar and highly functional kitchen, a family room with an electric fireplace a convenient half-bath and large balcony.Upstairs are 2 roomy bedrooms, one on the waterfront with a balcony of its own. A shared hall bath with linen storage. A spiral staircase leads to the ground-level "hang-out" space for "just off the boat" relaxing. Tile floors for easy clean up, a full bath provide comfort and convenience for long days of outdoor/indoor fun ! There is a one-car garage; perfect for storing toys, and a full sized washer and dryer. Investment, second home or primary residence opportunity! There are no rental restrictions here! Bring your boat and beach umbrella!

Last Agent to Sell the Property

Alison Davenport

Better Homes And Gardens Real Estate Main Street Properties Listed on: 10/25/2019

Better Homes And Gardens Real Estate Main Street Properties

Last Buyer's Agent

Beth Stage

Smart RE Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,051

Year Built

  • Built in 1983

Lot Details

  • Home fronts a lagoon or estuary
  • Home fronts a sound
  • River Front

HOA Fees

  • $133 Monthly HOA Fees

Property Views

  • Views of a Sound
  • River
  • Lagoon

Home Design

  • Cottage
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,570 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Blinds
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Garage Door Opener
  • Parking Lot

Outdoor Features

  • Property near a lagoon
  • Boat Lift
  • Boat Slip
  • Docks
  • Covered Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 323S321301030012

Community Details

Overview

  • Pelican Cove Subdivision

Recreation

  • Boat Dock

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,051

Year Built

Built in 1983

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Stories: 3
  • Parcel Number: 323S321301030012
  • Property Type: Residential Attached
  • Year Built: 1983
  • Electric: Circuit Breakers
  • Property Sub Type: Res Attached
  • Horses: No
  • Lot Size: 18X48
  • Subdivision Name: Pelican Cove
  • Directions: Hwy 292 to Sharp Reef ( East of Eden Condominiums and west of the Perdido Key Fire Station) Yellow townhouses are straight ahead,
  • Architectural Style: Cottage
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Kitchen Level: Second
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Built In Microwave, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Bonus Room
  • Living Area: 1570
  • Window Features: Double Pane Windows, Blinds
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Breakfast Bar
  • Living Room Living Room Level: Second
  • Master Bedroom Master Bedroom Level: Third
  • Master Bedroom Master Bedroom Width: 13
  • Room Kitchen Features: Updated, Granite Counters, Kitchen Island
  • Room Living Room Area: 216
  • Room Kitchen Area: 168
  • Room Master Bedroom Area: 195

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • View: Lagoon, River, Sound, Water
  • View: Yes
  • Waterfront Features: Lagoon, River Front, Sound, Waterfront, Boat Lift
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Dock, Boat Slip, Boat Slip Utilities
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Covered Deck
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Carport, Parking Lot, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Dock
  • Association Fee: 1600
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association

Schools

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

Lot Info

  • Zoning Description: County
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Dec 27, 2019
Sold by
Bamber Llc
Bought by
Smith Parrish and Smith Esther Kathan
Seller's Agent
Alison Davenport
Better Homes And Gardens Real Estate Main Street Properties
Buyer's Agent
Beth Stage
Smart RE Corp
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%
Current Estimated Value
$714,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,080
Avg. Annual Appreciation
8.94%
Original Mortgage
$348,000
Outstanding Balance
$308,063
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$406,017

Purchase Details

Closed on
Nov 25, 2009
Sold by
Meichner Robert H and Meichner Jasmine
Bought by
Bamber Llc

Purchase Details

Closed on
Oct 1, 2008
Sold by
Potter Nancy Knapp
Bought by
Meichner Robert H and Meichner Jasmine

Purchase Details

Closed on
Mar 18, 1998
Sold by
Potter Nancy Knapp
Bought by
Potter Nancy Knapp
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
Smith Parrish $435,000 Attorney
Bamber Llc -- None Available
Meichner Robert H $216,000 Surety Land Title Of Fl Llc
Potter Nancy Knapp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Parrish $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2019 12/27/19 Sold $435,000 -3.3% $277 / Sq Ft
10/24/2019 10/24/19 For Sale $450,000 -- $287 / 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 $4,051 $346,383 -- --
2023 $4,051 $336,295 $0 $0
2022 $3,961 $326,500 $0 $0
2021 $3,964 $316,991 $0 $0
2020 $3,850 $312,615 $0 $0
2019 $2,986 $214,551 $0 $0
2018 $2,733 $187,410 $0 $0
2017 $2,532 $168,000 $0 $0
2016 $2,467 $160,703 $0 $0
2015 $2,480 $160,703 $0 $0
2014 $2,519 $162,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 562803

Pensacola Association of REALTORS®

APN: 32-3S-32-1301-030-012