NOT LISTED FOR SALE

7228 Sharp Reef Rd Pensacola, FL 32507

Perdido Key Neighborhood

Estimated Value: $1,557,098 - $1,745,000

4 Beds
4.5 Baths
2,614 Sq Ft
$629/Sq Ft Est. Value

Last Sold September 20, 2018

Last sale price $925,000 $354 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $9,758/month

15 Days on Market

Highlights

  • Docks
  • Boat Lift
  • Updated Kitchen
  • Home fronts a seawall
  • Gulf View
  • Covered Deck

About This Home

As of September 2018

Boat & Beach - truly have it all! Fresh, open, up-to-the-minute coastal modern design makes this 4BR/4.5 BA with additional 660' guest 1BR/1BA apartment "the whole package"! Steps to 2 mi. stretch of "Gold Award" winning Perdido Key state park, dock, 12K# boatlift, outdoor shower, loads of decks/porches for grilling and gathering(2200 sf Trek/1700 sf concrete), your family/friends or vacation rentals will not want to leave! Board & batten Hardee plank with metal roof & worlds of wind rated windows, this completely updated home is ready to enjoy. Enter the great room that flows seamlessly to the spacious dining and kitchen areas. Windows wrap the space with stunning gulf/Ole River & lagoon views. Updated kitchen has granite countertops, stainless backsplash, under-mounted double stainless sinks, Frigidaire Professional Series stainless appliances and is accented with over/under counter LED lighting. Downstairs master features large walk-in closet and built-in birth-style bunks. Master bath is an oasis featuring the 72" copper/zinc soaking tub, separate shower/water closet & his/her vanities that feature agate granite sinks. Custom tile accents the walls, and natural light floods the space. Elevator shaft is wire, and now fitted for storage. Cubby under stairs is perfect kids hide-away for, and also storage. Stained oak stairs have nautical cleats & ships lines as spindles, and a driftwood wall-mounted handrail. Upstairs are 3 spacious bedrooms w/private bathrooms & walk-in closets including a waterfront second master. French doors lead to private deck that spans width of the home, and spiral staircase leads to a sunning/stargazing roof-level deck. On the ground floor is the 1BR/1BA apartment with full kitchen and living area perfect for summer cooking and entertaining, overflow guests, adult children or an AIRBNB. Oversized 2-car garage has painted floors and loads of storage. Carrier 4.5 heatpump upstairs '17,1.5 down '08. Furnished w/exceptions.

Last Agent to Sell the Property

Alison Davenport

Better Homes And Gardens Real Estate Main Street Properties Listed on: 07/21/2018

Better Homes And Gardens Real Estate Main Street Properties

Last Buyer's Agent

Stephen Harrison

RE/MAX OF GULF SHORES

RE/MAX OF GULF SHORES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,152

Year Built

  • Built in 2006

Lot Details

  • 0.29 Acre Lot
  • Home fronts a seawall
  • Home fronts a canal

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Gulf
  • Lagoon
  • Canal

Home Design

  • Saltbox Architecture
  • Cottage
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,614 Sq Ft Home
  • 3-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Storage
  • Inside Utility

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Built-In Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Softwood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Separate Shower

Laundry

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

Home Security

  • High Impact Windows
  • Fire and Smoke Detector

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Boat Lift
  • Docks
  • Balcony
  • Covered Deck

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Perdido Key Coves Subdivision

Listing and Financial Details

  • Assessor Parcel Number 323S321100000063

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,152

Year Built

Built in 2006

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Stories: 3
  • Parcel Number: 323S321100000063
  • Property Type: Residential
  • Year Built: 2006
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2887
  • Subdivision Name: Perdido Key Coves
  • Directions: From Pensacola - Perdido Key Drive (292) west past River Road, 4th street past fire station second house on the right. From Alabama, pass Flora-Bama , Eden, first street on the left, second house on the right.
  • Architectural Style: Cottage, Salt Box
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Heat Pump, Appliances
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater, Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Disposal, Refrigerator, Self Cleaning Oven, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Dryer, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Tile, Simulated Wood
  • Interior Amenities: Storage, Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Recessed Lighting, Walk-In Closet(s), Guest Room/In Law Suite
  • Living Area: 2614
  • Window Features: Double Pane Windows, Blinds, Impact Resistant Windows
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Breakfast Bar, Living/Dining Combo
  • Master Bedroom Master Bedroom Level: Second
  • Room Bedroom2 Area: 144
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: Third
  • Master Bedroom Features: Ceiling Fan(s), High Ceilings, Walk-In Closet(s)
  • Room Kitchen Features: Updated, Granite Counters
  • Room Master Bedroom Area: 144
  • Master Bathroom Features: Double Vanity, Granite Counters, Separate Shower, Water Closet

Exterior Features

  • Roof: Metal
  • Pool Features: None
  • View: Canal, Gulf, Lagoon, Water
  • View: Yes
  • Waterfront Features: Canal Front, Waterfront, Block/Seawall, Boat Lift
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony, Dock
  • Foundation Details: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Covered, Deck, Covered Deck
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Heating: Multi Units, Heat Pump, Central, ENERGY STAR Qualified Heat Pump
  • Cooling: Multi Units, Heat Pump, Central Air, Ceiling Fan(s), ENERGY STAR Qualified Equipment
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association

Schools

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

Lot Info

  • Lot Size Sq Ft: 12575.772
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2018
Closed on
Sep 20, 2018
Sold by
Ready Randall D and Haldeman Andrea S
Bought by
Bailey Eric D and Bailey Jennifer C
Seller's Agent
Alison Davenport
Better Homes And Gardens Real Estate Main Street Properties
Buyer's Agent
Stephen Harrison
RE/MAX OF GULF SHORES
List Price
$995,000,000
Sold Price
$925,000
Premium/Discount to List
-$994,075,000
-99.91%
Current Estimated Value
$1,643,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$718,275
Avg. Annual Appreciation
8.48%
Original Mortgage
$647,500
Outstanding Balance
$398,715
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,244,560

Purchase Details

Listed on
May 27, 2014
Closed on
Jan 28, 2016
Sold by
Scenic Homes Llc
Bought by
Ready Randall D and Haldeman Andrea S
Seller's Agent
ABIGAIL PANAYIOTOU
PERDIDO REALTY
Buyer's Agent
Damon Hitt
Ridings Realty Gulf coast
List Price
$799,000
Sold Price
$625,000
Premium/Discount to List
-$174,000
-21.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.94%

Purchase Details

Closed on
Jun 15, 2006
Sold by
Tonsmeire Arthur C
Bought by
Tonsmeiere Properties Llc

Purchase Details

Closed on
Sep 10, 2003
Sold by
Cleveland Crawford H and Cleveland Phyllis M
Bought by
Tonsmeire Arthur C

Purchase Details

Closed on
Jan 31, 2003
Sold by
Hansard Stonewall and Hansard Barbara Anne
Bought by
Cleveland Crawford H and Cleveland Phyllis M
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
Bailey Eric D $925,000 Coastal Land Title Llc
Ready Randall D $625,000 Coastal Land Title Llc
Tonsmeiere Properties Llc -- None Available
Tonsmeire Arthur C $190,000 --
Cleveland Crawford H $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Eric D $647,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2018 09/20/18 Sold $925,000 -7.0% $354 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
07/22/2018 07/22/18 Price Changed $995,000 -99.9% $381 / Sq Ft
07/21/2018 07/21/18 For Sale $995,000,000 +159100.0% $380,643 / Sq Ft
01/28/2016 01/28/16 Sold $625,000 -21.8% $201 / Sq Ft View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
05/26/2014 05/26/14 For Sale $799,000 -- $257 / 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 $12,152 $1,091,017 $300,000 $791,017
2023 $12,152 $844,691 $0 $0
2022 $11,247 $926,007 $255,000 $671,007
2021 $9,792 $698,092 $0 $0
2020 $8,960 $648,698 $0 $0
2019 $9,177 $658,967 $0 $0
2018 $6,411 $487,069 $0 $0
2017 $6,409 $477,051 $0 $0
2016 $7,057 $475,624 $0 $0
2015 $6,686 $444,646 $0 $0
2014 $6,695 $440,003 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alison Davenport

    Seller's Agent in 2018

    Alison Davenport

    Better Homes and Gardens Real Estate Main Street Properties

    (850) 982-2083

    34 in this area

    79 Total Sales

    Alison Davenport
    Section Image

  • S

    Buyer's Agent in 2018

    Stephen Harrison

    RE/MAX

    Section Image

  • A

    Seller's Agent in 2016

    ABIGAIL PANAYIOTOU

    PERDIDO REALTY

  • V

    Seller Co-Listing Agent in 2016

    Valerie Hawkins

    POINTE SOUTH

    (850) 232-7524

    2 in this area

    3 Total Sales

    Valerie Hawkins
    Section Image
  • Damon Hitt

    Buyer's Agent in 2016

    Damon Hitt

    Ridings Realty Gulf coast

    (850) 255-9163

    8 in this area

    79 Total Sales

    Damon Hitt
    Section Image
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 539681

Pensacola Association of REALTORS®

APN: 32-3S-32-1100-000-063

Florida Escambia County Pensacola 32507 Perdido Key

7228 Sharp Reef Rd, Pensacola, FL

This home is located at 7228 Sharp Reef Rd, Pensacola, FL 32507 since 21 July 2018 and is currently estimated at $1,643,275, approximately $628 per square foot. This property was built in 2006. 7228 Sharp Reef Rd is a home located in Escambia County with nearby schools including Hellen Caro Elementary School, Jim C. Bailey Middle School, and Escambia High School.

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