NOT LISTED FOR SALE

8280 Kause Rd Pensacola, FL 32506

Estimated Value: $115,000 - $148,000

2 Beds
1 Bath
868 Sq Ft
$149/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $46,000 $53 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $757/month

76 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Tile Flooring
  • Cottage
  • Storage
  • Central Heating and Cooling System

About This Home

As of November 2018

Great opportunity for owner occupants and investors. This 2 bedroom, 1 bath townhome offers open living space, inside laundry, and private parking. Previously rented for $625/mo, it is now available for purchase at the low price of $55,000. That is an 11% CAP rate for investors or a mortgage payment of less than $450/mo including taxes and insurance for owner occupants. Owner will accept cash or conventional financing. The adjacent townhome is also available for purchase, see MLS #540719.

Last Agent to Sell the Property

Regina Palmer

RE/MAX HORIZONS REALTY Listed on: 08/09/2018

RE/MAX HORIZONS REALTY

Last Buyer's Agent

Tonya Toomey

LEGENDARY SALES, INC.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $977

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions: 31
  • Back Yard Fenced
  • Chain Link Fence

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 868 Sq Ft Home
  • 1-Story Property
  • Storage
  • Inside Utility
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Insulation

Schools

  • Myrtle Grove Elementary School
  • Bailey Middle School
  • Escambia High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cinnamon Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 192S311407000015

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$977

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 192S311407000015
  • Property Type: Residential Attached
  • Year Built: 1983
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Res Attached
  • Horses: No
  • Lot Size: 31.5x170
  • Road Surface Type: Paved
  • Subdivision Name: Cinnamon Ridge
  • Directions: From Hwy 98 head North on West Fairfield, left onto Kause Rd, property is on the right.
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulated Walls, Ridge Vent
  • Property Attached Yn: Yes
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Interior Amenities: Storage, High Speed Internet
  • Living Area: 868
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Eat-in Kitchen
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 13
  • Room Kitchen Features: Not Updated
  • Room Master Bedroom Area: 143

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Covered
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Laundry Features: Inside, W/D Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Myrtle Grove
  • High School: Escambia
  • Middle Or Junior School: Bailey

Lot Info

  • Zoning Description: Mixed Residential Subdiv
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2004
Sold by
Roe William A
Bought by
Thomas David J and Thomas Meriam R
Current Estimated Value
$129,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,192
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Thomas David J $43,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Thomas David J $37,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $46,000 -16.4% $53 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $55,000 -- $63 / 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 $977 $93,985 $5,000 $88,985
2023 $977 $56,838 $0 $0
2022 $893 $65,996 $4,500 $61,496
2021 $808 $52,587 $0 $0
2020 $707 $42,704 $0 $0
2019 $686 $40,835 $0 $0
2018 $691 $43,759 $0 $0
2017 $614 $34,125 $0 $0
2016 $597 $32,387 $0 $0
2015 $580 $32,387 $0 $0
2014 $572 $32,387 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 540715

Pensacola Association of REALTORS®

APN: 19-2S-31-1407-000-015