NOT LISTED FOR SALE

1305 Dr Martin Luther King jr Dr Pensacola, FL 32503

Southeast Pensacola Neighborhood

Estimated Value: $223,192 - $372,000

2 Beds
2 Baths
1,610 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 26, 2016

Last sale price $28,500 $18 Per Sq Ft

Est. 890% increase in value since last sale

Current estimated payment $1,699/month

81 Days on Market

Highlights

  • Victorian Architecture
  • High Ceiling
  • Formal Dining Room
  • Pensacola High School Rated A-
  • No HOA
  • Porch

About This Home

As of May 2016

Looking for something close to downtown and minutes to everything this wonderful city has to offer. This Victorian style home could be beautiful with a little TLC. Built in 1928 you can see the character in this house. Three fireplace mantels, high ceilings, wide molding and the bay windows in the front room make this home worth restoring to its original elegance. Sit on the front porch and enjoy!

Last Agent to Sell the Property

Cynthia Lambert

KELLER WILLIAMS REALTY GULF COAST Listed on: 02/26/2016

KELLER WILLIAMS REALTY GULF COAST

Last Buyer's Agent

JAKE JENSEN

XCELLENCE REALTY, INC.

XCELLENCE REALTY, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1928

Lot Details

  • 9,653 Sq Ft Lot
  • Lot Dimensions: 5
  • Partially Fenced Property
  • Chain Link Fence

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Off Grade Structure
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,610 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Formal Dining Room
  • Inside Utility

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Global Learning Academy Elementary School
  • Workman Middle School
  • Pensacola High School

Utilities

  • No Cooling
  • No Heating
  • ENERGY STAR Qualified Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • East King Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009020021040

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 000S009020021040
  • Property Type: Residential
  • Year Built: 1928
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2216
  • Lot Size: 55x175.5
  • Subdivision Name: East King Tract
  • Directions: south on Dr Martin Luther King Jr(oneway) Dr 5th house on the right past Lee St. corner of MLK and Lloyd st
  • Architectural Style: Victorian
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: No Energy Features
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, ENERGY STAR Qualified Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Crown Molding, High Ceilings
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Formal Dining Room
  • Living Room Living Room Level: First
  • Room Kitchen Features: Not Updated
  • Room Living Room Area: 100
  • Room Kitchen Area: 64
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 81

Exterior Features

  • Roof: Composition
  • Fencing: Chain Link, Partial
  • Lot Features: Central Access
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Off Grade
  • Patio And Porch Features: Porch
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Heating: None
  • Cooling: None
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Cooling Y N: No
  • Heating Yn: No
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • Lot Size Sq Ft: 9652.896
  • Zoning Description: City,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
May 26, 2016
Sold by
Dotter Richard and Dotter Nikki
Bought by
Boline Mark A
Seller's Agent
Cynthia Lambert
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
JAKE JENSEN
XCELLENCE REALTY, INC.
List Price
$35,000
Sold Price
$28,500
Premium/Discount to List
-$6,500
-18.57%
Current Estimated Value
$282,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,548
Avg. Annual Appreciation
28.95%
Original Mortgage
$30,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2014
Sold by
Blocker Johnnie and Nationstar Mortgage Llc
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 4, 2008
Sold by
Blocker Johnnie and Blocker Zennie M
Bought by
Blocker Johnnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3.48%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 13, 1998
Sold by
Davis Mary Ella Mcmillan
Bought by
Blocker Johnnie and Blocker Zennie M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Boline Mark A $28,500 First International Title In
U S Bank National Association $5,600 None Available
Blocker Johnnie $35,700 Lenders First Choice
Blocker Johnnie -- --
Blocker Johnnie $14,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Boline Mark A $30,000
Previous Owner Blocker Johnnie $232,500
Previous Owner Blocker Johnnie $72,000
Previous Owner Blocker Johnnie $50,000
Previous Owner Blocker Johnnie $39,750
Previous Owner Blocker Johnnie $17,878
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2016 05/26/16 Sold $28,500 -18.6% $18 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $35,000 +62.8% $22 / Sq Ft
05/29/2015 05/29/15 Sold $21,500 0.0% $13 / Sq Ft
04/08/2015 04/08/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $21,500 -- $13 / 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 $1,940 $131,726 $40,014 $91,712
2023 $1,940 $103,015 $0 $0
2022 $1,798 $117,478 $40,014 $77,464
2021 $1,563 $85,380 $0 $0
2020 $1,405 $77,398 $0 $0
2019 $1,349 $73,642 $0 $0
2018 $762 $69,885 $0 $0
2017 $401 $18,341 $0 $0
2016 $406 $18,341 $0 $0
2015 $1,045 $52,828 $0 $0
2014 $508 $48,576 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 495422

Pensacola Association of REALTORS®

APN: 00-0S-00-9020-021-040