NOT LISTED FOR SALE

203 N Madison Dr Pensacola, FL 32505

Estimated Value: $177,000 - $180,000

3 Beds
1 Bath
1,286 Sq Ft
$138/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $145,000 $113 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,100/month

55 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Family Room Downstairs
  • Tile Flooring
  • Combination Kitchen and Dining Room
  • Remodeled Bathroom

About This Home

As of December 2021

BACK ON THE MARKET! Buyers financing fell through-- Newly remodeled move-in ready 3 bedroom 1 bath home on a quiet street. This home would be great for a first time homebuyer or rental investment property. Along with being freshly painted throughout the home, features include a NEW roof, HVAC, hot water heater, dishwasher, light fixtures, new carpet in all 3 bedrooms and a completely remodeled bathroom. Home has a separate dining room, living room and family room/game room with fireplace. Large fenced in backyard with an oversized storage shed. Washer and dryer included but not warranted. Staged items in the home do not convey.

Last Agent to Sell the Property

Derek Lother

Levin Rinke Realty Listed on: 10/15/2021

Levin Rinke Realty

Last Buyer's Agent

Morgan Hamrick

Octavius Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,943

Year Built

  • Built in 1954

Lot Details

  • 9,583 Sq Ft Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Family Room Downstairs
  • Combination Kitchen and Dining Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Schools

  • Oakcrest Elementary School
  • Bellview Middle School
  • Pensacola High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Mayfair Subdivision

Listing and Financial Details

  • Assessor Parcel Number 152S301000002007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,943

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 152S301000002007
  • Property Type: Residential
  • Year Built: 1954
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.22
  • Road Surface Type: Paved
  • Subdivision Name: Mayfair
  • Directions: North on Mobile Hwy turn right on Edison left on Curtiss Dr and then right on Madison, house is on the right
  • Architectural Style: Ranch
  • 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: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Carpet
  • Living Area: 1286
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 9
  • Room Family Room Area: 220
  • Room Family Room Level: First
  • Room Kitchen Features: Not Updated
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 108
  • Room Dining Room Area: 108

Exterior Features

  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Block
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: 2 Space/Unit

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Oakcrest
  • High School: Pensacola
  • Middle Or Junior School: Bellview

Lot Info

  • Lot Size Sq Ft: 9583.2
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 30, 2021
Sold by
Nola Realty Co Llc
Bought by
Lafollette Tory
Seller's Agent
Derek Lother
Levin Rinke Realty
Buyer's Agent
Morgan Hamrick
Octavius Real Estate
List Price
$141,000
Sold Price
$145,000
Premium/Discount to List
$4,000
2.84%
Current Estimated Value
$178,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,078
Avg. Annual Appreciation
5.51%
Original Mortgage
$142,373
Outstanding Balance
$131,214
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$46,864

Purchase Details

Closed on
May 20, 2021
Sold by
Ignatavich Sharon B
Bought by
Nola Realty Co Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Ignatavich Albert C and Ignatavich Sharon B

Purchase Details

Closed on
May 19, 2009
Sold by
Parker Phillip and Parker Tracy L
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 7, 2009
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 30, 2002
Sold by
Parker Phillip W and Parker Phillip
Bought by
Parker Phillip and Parker Tracy

Purchase Details

Closed on
Dec 27, 2002
Sold by
Parker Phillip and Parker Tracy
Bought by
Parker Phillip and Parker Tracy

Purchase Details

Closed on
Mar 31, 1997
Sold by
Sapp David Wayne and Sapp Cecilia Dawn
Bought by
Parker Phillip W and Parker Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,370
Interest Rate
7.58%
Mortgage Type
VA
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
Lafollette Tory $145,000 Allure Title Company
Nola Realty Co Llc $37,500 Setco Services Llc
Ignatavich Albert C $23,500 New House Title
Wells Fargo Bank Na -- None Available
Federal Home Loan Mortgage Corp -- New House Title Llc
Parker Phillip -- --
Parker Phillip $19,400 --
Parker Phillip W $43,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lafollette Tory $142,373
Previous Owner Nola Realty Co Llc $75,000
Previous Owner Parker Phillip W $44,370
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $145,000 +2.8% $113 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $141,000 -- $110 / 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 $1,943 $152,068 $20,000 $132,068
2023 $1,943 $127,043 $0 $0
2022 $1,705 $115,494 $8,000 $107,494
2021 $676 $46,218 $0 $0
2020 $607 $36,600 $0 $0
2019 $559 $31,225 $0 $0
2018 $535 $29,324 $0 $0
2017 $477 $21,684 $0 $0
2016 $550 $26,475 $0 $0
2015 $572 $29,319 $0 $0
2014 $542 $27,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 598357

Pensacola Association of REALTORS®

APN: 15-2S-30-1000-002-007