NOT LISTED FOR SALE

908 Lake Terrace Ave Pensacola, FL 32505

Estimated Value: $143,000 - $165,000

3 Beds
1 Bath
1,153 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $21,500 $19 Per Sq Ft

Est. 624% increase in value since last sale

Current estimated payment $935/month

7 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Central Heating and Cooling System
  • Pensacola High School Rated A-
  • Separate Outdoor Workshop
  • 1 Car Garage

About This Home

As of October 2017

This home needs extensive repairs and updating but could be great flip, rental or starter home for the right person.

Preferred terms are: Cash - no inspection period - no assignability - close in 20 days or less - using our title company – Earnest money check must be sent with any offer to be considered.

Buyers to verify all measurements and information. Corporate seller that has never occupied the property and has no disclosures. Buyer to perform any inspections and due diligence before making an offer. Seller will allow potential buyers to turn on utilities at potential buyer’s expense. Listing agent has no information or disclosures about this property, all information is gathered thru public records.

Last Agent to Sell the Property

Greg Klesius

GULF COAST FISHING HOMES RLTY License #3297347 Listed on: 09/18/2017

Last Buyer's Agent

Greg Klesius

GULF COAST FISHING HOMES RLTY License #3297347 Listed on: 09/18/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1959

Lot Details

  • 9,209 Sq Ft Lot
  • Property is zoned MDR

Parking

  • 1 Car Garage

Home Design

  • 1,153 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Separate Outdoor Workshop
  • Property is near public transit
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Crescent Lake Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1153
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 1225
  • Lot Size Sq Ft: 9209
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 18.65
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Workshop
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12033C0360G

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: None

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central, Electric

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Lot Info

  • Zoning: MDR
  • Parcel Number: 44-1S-30-1000-023-007
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 992
  • Tax Block: 7
  • Tax Book Number: 4-97
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Sep 26, 2017
Sold by
Morningside Funding Llc
Bought by
Maintenabce Solutions Inc
Seller's Agent
Greg Klesius
GULF COAST FISHING HOMES RLTY
Buyer's Agent
Greg Klesius
GULF COAST FISHING HOMES RLTY
List Price
$30,000
Sold Price
$21,500
Premium/Discount to List
-$8,500
-28.33%
Current Estimated Value
$155,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,137
Avg. Annual Appreciation
27.76%

Purchase Details

Closed on
Oct 28, 2013
Sold by
Federal National Mortgage Association
Bought by
Morningside Funding Llc

Purchase Details

Closed on
Jan 7, 2013
Sold by
U S Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 19, 2012
Sold by
Shane Derrick R
Bought by
U S Bank National Association

Purchase Details

Closed on
May 31, 2007
Sold by
Beck Andrew F
Bought by
Shane Derrick R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,650
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2006
Sold by
Parrat Regina M
Bought by
Beck Andrew F

Purchase Details

Closed on
Nov 15, 2004
Sold by
Wilson Kelley R and Wilson Anita J
Bought by
Beck Andrew F and Beck Regina Watters

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,422
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2004
Sold by
The Bank Of New York Tr Co Of Florida Na
Bought by
Wilson Kelley R and Wilson Anita J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 1998
Sold by
Wilbur Shirley K
Bought by
Sorrells Dabrina Lee and Sorrells Gerald Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,350
Interest Rate
6.65%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Maintenabce Solutions Inc $21,500 Americas Title Corp
Morningside Funding Llc $13,690 Servicelink
Federal National Mortgage Association -- Attorney
U S Bank National Association -- None Available
Shane Derrick R $81,900 Emerald Coast Title Inc
Beck Andrew F -- None Available
Beck Andrew F $69,500 First American Title Ins Co
Wilson Kelley R $45,000 Title & Abstract Agency Of A
Sorrells Dabrina Lee $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shane Derrick R $75,650
Previous Owner Beck Andrew F $62,422
Previous Owner Wilson Kelley R $40,500
Previous Owner Sorrells Dabrina Lee $53,350
Closed Beck Andrew F $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2018 01/02/18 Off Market $21,500 -- --
10/03/2017 10/03/17 Sold $21,500 -28.3% $19 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $30,000 -- $26 / Sq Ft
Source: Stellar MLS

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 $1,400 $115,879 $30,000 $85,879
2023 $1,400 $85,686 $0 $0
2022 $1,296 $92,695 $20,000 $72,695
2021 $1,154 $71,451 $0 $0
2020 $1,047 $64,379 $0 $0
2019 $1,007 $60,919 $0 $0
2018 $976 $57,443 $0 $0
2017 $1,001 $57,968 $0 $0
2016 $992 $56,658 $0 $0
2015 $973 $56,255 $0 $0
2014 $935 $53,914 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: W7633636

Stellar MLS

APN: 44-1S-30-1000-023-007