NOT LISTED FOR SALE

42 E Olive Rd Pensacola, FL 32514

Estimated Value: $108,000 - $223,000

3 Beds
2 Baths
1,620 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 24, 2023

Last sale price $95,000 $59 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $941/month

39 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Vinyl Flooring
  • Eat-In Kitchen
  • Floor Furnace
  • 1-Story Property

About This Home

As of April 2023

Great investment opportunity! Zoned for HC/LI or SFR. In the heart of Old Palafox and mixed between commercial and industrial properties. Prefect location for a business or fix up the home to enjoy. Home is a 3br/2ba and has an enclosed carport that was converted to an additional bedroom with a separate entrance. Lot is a great size and has mature trees. New roof in 2012. No central HVAC system.

Last Agent to Sell the Property

Kalab Hoover

KELLER WILLIAMS REALTY GULF COAST Listed on: 03/01/2023

KELLER WILLIAMS REALTY GULF COAST

Last Buyer's Agent

Thong 'Tommy' Huynh

TEAM SANDY BLANTON REALTY, INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.3 Acre Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Off Grade Structure
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Schools

  • Ensley Elementary School
  • Ferry Pass Middle School
  • Pine Forest High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 211S301101006041

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 211S301101006041
  • Property Type: Residential
  • Year Built: 1970
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2965
  • Subdivision Name: None
  • Directions: From Nine Mile Rd turn on Old N Palafox Rd for approx. 1.5 miles and turn left on to E Olive Rd. House is on the left.
  • 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: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Living Area: 1620
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Eat-in Kitchen
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 12.5
  • Room Kitchen Features: Not Updated
  • Room Master Bedroom Area: 150
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Shingle, Metal
  • Lot Features: Central Access
  • Pool Features: None
  • Construction Type: Block, Brick, Frame
  • Foundation Details: Off Grade, Slab
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Floor Furnace, Wall/Window Unit(s)
  • Cooling: Wall/Window Unit(s)
  • 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: Ensley
  • High School: Pine Forest
  • Middle Or Junior School: Ferry Pass

Lot Info

  • Lot Size Sq Ft: 12915.54
  • Zoning Description: Commercial,Industrial,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 24, 2023
Sold by
Gimlin Living Trust
Bought by
Nguyen Doan
Seller's Agent
Kalab Hoover
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Thong 'Tommy' Huynh
TEAM SANDY BLANTON REALTY, INC
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%
Views
189
Current Estimated Value
$158,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,987
Avg. Annual Appreciation
21.18%

Purchase Details

Closed on
Nov 11, 2010
Sold by
Gimlin Robert Earl
Bought by
Gimlin Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Doan $95,000 Genesis Land & Title
Gimlin Living Trust $100 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $95,000 -13.6% $59 / Sq Ft
04/07/2023 04/07/23 Price Changed $110,000 -12.0% $68 / Sq Ft
03/01/2023 03/01/23 For Sale $125,000 -- $77 / 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 $1,300 $94,764 $25,500 $69,264
2023 $1,300 $88,591 $25,500 $63,091
2022 $535 $64,104 $0 $0
2021 $541 $62,237 $0 $0
2020 $533 $61,378 $0 $0
2019 $529 $59,999 $0 $0
2018 $532 $58,881 $0 $0
2017 $534 $57,670 $0 $0
2016 $534 $56,484 $0 $0
2015 $514 $56,092 $0 $0
2014 $502 $55,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 623151

Pensacola Association of REALTORS®

APN: 21-1S-30-1101-006-041