Home for Sale at 14 W Gadsden St, Pensacola, FL 32501

14 W Gadsden St
Pensacola, FL 32501

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Property Details

List Price:	$999,750
Beds:	6
Baths:	4
Status:	Active
SqFt:	5960
Agency:	Florida Investment Group LLC dba Keller Williams R

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Description/Comments

Lot Size:	--
Property Type:	Residential
Year Built:	1900
Notes:	This home recently appraised for $1,250,000! This gorgeous 6 bedroom 4 bathroom Queen Anne home is listed below appraised value with fresh sod and newly landscaped with grass lighting and front and back irrigation, newly installed front yard decorative aluminum privacy fence and a termite bond. In the heart of the historic district, T W Finch House is a piece of Pensacola history. This home has been beautifully restored to offer many modern amenities while keeping its historic beauty. Some of the updates include new house paint & trim, remodeled bedrooms, new storage unit, privacy fence to name a few. When you walk into the home, you are greeted with a 30' long entrance way of magnificent one of a kind wood artwork, 13' ceilings, and wainscot finished and arched walls. From the stained heart of pine wood floors, to the bead board wood walls, soaring ceilings, large hand detailed trim, and the craftsmanship in this home is a MUST SEE! Some of the unique amenities include: formal sitting room, original stained glass windows and doors, skylights, decorative coal fireplaces, multiple porches, sun room, hidden alcoves, bay windows, and a spiral roof. Located in the heart of downtown this property is a staple in Pensacola and has been the envy of homeowners for over a century. This home has 3 kitchens and a butler's pantry. From the Widow's Peak on the 3rd floor you can catch a view of the bay or gaze at the stars. Built on three lots, the spacious, fenced backyard provides for lots of parking and the deck in the back and wrap large porches in the front allow for lots of outdoor living space. The home has been featured many times in magazines and newspapers for its unique Queen Anne style and documentation of this home is archived with the Library of Congress. Enjoy all the modern conveniences while relaxing in this beautifully partially restored mansion!! The Roof is 2013, 4 HVAC units: 9/2022, 2017, 2020, 2017, 2 water heaters 2021 & 2014.
MlsNumber:	640641

Listing Provided By:	Florida Investment Group LLC dba Keller Williams R, original listing
Name:	Florida Investment Group LLC dba Keller Williams R
Phone:	(850) 471-5000
Office Name:	KELLER WILLIAMS REALTY GULF COAST
Office Phone:	(850) 471-5000
Agent Name:	Justin Creel
Disclaimer:	Copyright Â© 2024 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

USHUD.com is a private company not affiliated or associated with or endorsed, authorized, approved, sponsored
or licensed by the US Department of Housing and Urban Development

USHUD.com is an Equal Housing Opportunity

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