NOT LISTED FOR SALE

7227 Sharp Reef Rd Unit 2 Pensacola, FL 32507

Perdido Key Neighborhood

Estimated Value: $474,000 - $637,000

2 Beds
2.5 Baths
1,272 Sq Ft
$417/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $160,000 $126 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $3,859/month

2 Days on Market

Highlights

  • Beach
  • Pier or Dock
  • Bay View
  • Pier
  • In Ground Pool
  • A-Frame Home

About This Home

As of April 2019

STUNNING SUNSET views of the GULF and Ono island with this town home located in a protected state park. This is a rare find with a 2/2.5 with 4 balconies, attached 2 car garage and community pool. You have unobstructed view of the INTERCOASTAL WATERWAY and approximately 100 feet to direct access to the BEAUTIFUL WHITE SAND BEACH, also State Park protected from any development. Home has four balconies where you can watch the best sunsets. The kitchen has hardwood floors on the first level, BRAND NEW TV, WASHING MACHINE AND HVAC unit..Plus the whole 5 plex has been completely repainted.

Last Agent to Sell the Property

Carrie Lee

Levin Rinke Realty Listed on: 03/12/2019

Levin Rinke Realty

Last Buyer's Agent

Carrie Lee

Levin Rinke Realty Listed on: 03/12/2019

Levin Rinke Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1981

Lot Details

  • 1,176

HOA Fees

  • $699 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Bay
  • Gulf

Home Design

  • A-Frame Home
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,272 Sq Ft Home
  • 3-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Bonus Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • ENERGY STAR Qualified Dryer
  • Dryer
  • ENERGY STAR Qualified Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Pier
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • ENERGY STAR Qualified Water Heater
  • Cable TV Available

Additional Features

  • ENERGY STAR Qualified Equipment
  • 1,176 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 323S321301010004

Community Details

Overview

  • Association fees include ground maintenance
  • Perdido Key Coves Subdivision

Recreation

  • Pier or Dock
  • Beach
  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,144

Year Built

Built in 1981

Lot Details

0

HOA Fees

$699 per month

Parking

2

Listing Details

  • Stories: 3
  • Parcel Number: 323S321301010004
  • Property Type: Residential Attached
  • Year Built: 1981
  • Electric: Copper Wiring
  • Property Sub Type: Res Attached
  • Horses: No
  • Lot Size Acres: 0.027
  • Lot Size: 16x73
  • Road Surface Type: Paved
  • Subdivision Name: Perdido Key Coves
  • Directions: From Florabama heading W on Perdido Key Drive turn left on Sharp Reef- on Left 4th house down.
  • Architectural Style: A-Frame
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Heat Pump, Appliances
  • Property Attached Yn: Yes
  • Kitchen Level: Second
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Disposal, Microwave, Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Washer, ENERGY STAR Qualified Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Storage, Bonus Room
  • Living Area: 1272
  • Window Features: Double Pane Windows, Blinds, Drapes, Drapery Rods
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Eat-in Kitchen
  • Living Room Living Room Level: Second
  • Master Bedroom Features: Ceiling Fan(s)
  • Room Kitchen Features: Not Updated, Granite Counters, Kitchen Island, Pantry, Desk
  • Room Living Room Area: 239.25
  • Room Kitchen Area: 202.5
  • Master Bathroom Features: Plant Ledges

Exterior Features

  • Roof: Metal
  • Pool Features: In Ground
  • View: Bay, Gulf, Water
  • View: Yes
  • Waterfront Features: Beach Access, Pier
  • Construction Type: Frame
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool, Pier
  • Association Fee: 8388
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Schools

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

Lot Info

  • Lot Size Sq Ft: 1176.12
  • Zoning Description: Deed Restrictions,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 18, 2019
Sold by
Sharp Reef 4T Llc
Bought by
Sharp Reef Properties Llc
Seller's Agent
Carrie Lee
Levin Rinke Realty
Buyer's Agent
Carrie Lee
Levin Rinke Realty
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%
Current Estimated Value
$531,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,016
Avg. Annual Appreciation
20.34%
Original Mortgage
$80,794
Outstanding Balance
$70,888
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$460,128

Purchase Details

Listed on
Mar 12, 2019
Closed on
Mar 18, 2019
Sold by
Hubler Tina Reinschmidt and Reinschmidt Michael Anthony
Bought by
Sharp Reef 4T Llc
Seller's Agent
Carrie Lee
Levin Rinke Realty
Buyer's Agent
Carrie Lee
Levin Rinke Realty
List Price
$150,000
Sold Price
$160,000
Premium/Discount to List
$10,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,794
Outstanding Balance
$70,888
Interest Rate
4.2%
Mortgage Type
Commercial
Estimated Equity
$460,128

Purchase Details

Closed on
Feb 14, 2019
Sold by
Blackwell James T and Irene E Blackwell Revocable Tr
Bought by
Hubler Tina Reinschmidt and Reinschmidt Michael Anthony

Purchase Details

Closed on
Oct 21, 2003
Sold by
Blackwell James T and James T Blackwell Jr Rev Tr Ag
Bought by
Blackwell Irene E and Irene E Blackwell Rev Tr Agreement

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.03%

Purchase Details

Closed on
Jul 17, 2003
Sold by
Blackwell Irene E
Bought by
Blackwell James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1996
Sold by
Blackwell Irene
Bought by
Blackwell Irene E
Source: Public Records

Range of Values:

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Average Value
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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
Sharp Reef Properties Llc $160,000 Attorney
Sharp Reef 4T Llc -- Attorney
Hubler Tina Reinschmidt -- Attorney
Blackwell Irene E -- --
Blackwell James T -- --
Blackwell Irene E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Reef Properties Llc $80,794
Previous Owner Blackwell Irene E $44,000
Previous Owner Blackwell James T $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2019 04/18/19 Sold $160,000 +6.7% $126 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $150,000 -- $118 / 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 $4,144 $363,014 $50,000 $313,014
2023 $4,144 $275,127 $0 $0
2022 $3,793 $310,170 $50,000 $260,170
2021 $3,274 $227,379 $0 $0
2020 $3,009 $211,721 $0 $0
2019 $2,822 $214,058 $0 $0
2018 $2,601 $189,755 $0 $0
2017 $2,285 $150,750 $0 $0
2016 $2,207 $142,819 $0 $0
2015 $2,215 $142,819 $0 $0
2014 $2,188 $140,019 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 550420

Pensacola Association of REALTORS®

APN: 32-3S-32-1301-010-004