NOT LISTED FOR SALE

4831 E Olive Rd Unit 2B Pensacola, FL 32514

Estimated Value: $180,000 - $184,000

3 Beds
2 Baths
1,319 Sq Ft
$367/ mo HOA Fee

Last Sold March 14, 2024

Last sale price $186,000 $141 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,494/month

15 Days on Market

Highlights

  • 1.24 Acre Lot
  • Traditional Architecture
  • Fireplace
  • Deck
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of March 2024

Wonderfully maintained condo in Pensacola! Just off Scenic Hwy and E Olive Rd in the Mill Ridge complex, this property is conveniently located to access everything the Greater Pensacola Area has to offer! This 3 bedroom, 2 bathroom home is a perfect option for first time home buyers or anyone looking for low maintenance living. Inside features over 1,300 square feet including an open living room and dining area, plus an eat-in kitchen. The living room has a gas fireplace with a stone surround, and views out the windows of the beautiful balcony. From the dining room is access to the kitchen which has a breakfast nook and sliding doors to the deck. Down the hall are all three bedrooms. The two guest rooms share a hall bath that has a recently updated tub/shower combo with contemporary tile, and the primary bedroom features a walk-in closet and a large ensuite bathroom. Outside is a great deck area that is surrounded by mature trees covered in Spanish moss, creating a serene landscape in the city. Mill Ridge is a great place to call home with all units offering a garage and interior entrances, making it safe and convenient for its tenants.

Last Agent to Sell the Property

Sandy Blanton

TEAM SANDY BLANTON REALTY, INC Brokerage Phone: 850-990-3475 Listed on: 12/21/2023

Co-Listed By

Thong 'Tommy' Huynh

TEAM SANDY BLANTON REALTY, INC Brokerage Phone: 850-990-3475

Last Buyer's Agent

Thong 'Tommy' Huynh

TEAM SANDY BLANTON REALTY, INC Brokerage Phone: 850-990-3475

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1982

Lot Details

  • 1.24

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,319 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Combination Dining and Living Room
  • Inside Utility
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop

Outdoor Features

  • Deck

Schools

  • Ferry Pass Elementary And Middle School
  • Washington High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Mill Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051S291009002002

Property Details

Home Type

Condominium

Year Built

Built in 1982

Lot Details

1.24 Acres

HOA Fees

$367 per month

Parking

1

Listing Details

  • Stories: 2
  • Parcel Number: 051S291009002002
  • Property Type: Residential
  • Year Built: 1982
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 1.24
  • Road Surface Type: Paved
  • Co List Office Mls Id: TSBR01
  • Co List Office Phone: 850-990-3475
  • Subdivision Name: Mill Ridge
  • Directions: Head northwest on US-90 E. Turn left onto E. Olive Rd. Turn left into Mill Ridge Condominiums.
  • Architectural Style: Traditional
  • Building Name: Mill Ridge Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Heat Pump
  • Attribution Contact: CELL: 850-990-3475
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Walk-In Closet(s)
  • Living Area: 1319
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Room/Nook, Living/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 11
  • Master Bedroom Features: Ceiling Fan(s), Walk-In Closet(s)
  • Room Kitchen Features: Not Updated, Pantry
  • Room Master Bedroom Area: 165
  • Master Bathroom Features: Tile

Exterior Features

  • Roof: Composition
  • Pool Features: None
  • Construction Type: Brick, Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Garage
  • Total Parking Spaces: 1

Utilities

  • Heating: Heat Pump
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Inside, W/D Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4400
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Maintenance Grounds

Schools

  • Elementary School: Ferry Pass
  • High School: Washington
  • Middle Or Junior School: Ferry Pass

Lot Info

  • Lot Size Sq Ft: 54014.4
  • Zoning Description: Deed Restrictions,Res Multi
  • ResoLotSizeUnits: Acres

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Mar 8, 2024
Sold by
Hatley Jean C
Bought by
Roy Charles
Seller's Agent
Sandy Blanton
TEAM SANDY BLANTON REALTY, INC
Buyer's Agent
Thong 'Tommy' Huynh
TEAM SANDY BLANTON REALTY, INC
List Price
$185,000
Sold Price
$186,000
Premium/Discount to List
$1,000
0.54%
Views
137
Current Estimated Value
$182,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,979
Avg. Annual Appreciation
-1.07%
Original Mortgage
$126,364
Outstanding Balance
$123,891
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$58,130
Source: Public Records
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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
Roy Charles $186,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Charles $126,364
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2024 03/14/24 Sold $186,000 +0.5% $141 / Sq Ft
12/21/2023 12/21/23 For Sale $185,000 -- $140 / Sq Ft
Source: Pensacola Association of REALTORS®

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
2025 $2,155 $156,961 -- $156,961
2024 $2,137 $156,961 -- $156,961
2023 $2,137 $151,685 $0 $151,685
2022 $537 $64,536 $0 $0
2021 $543 $62,657 $0 $0
2020 $536 $61,792 $0 $0
2019 $532 $60,403 $0 $0
2018 $535 $59,277 $0 $0
2017 $537 $58,058 $0 $0
2016 $537 $56,864 $0 $0
2015 $516 $56,469 $0 $0
2014 $505 $56,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 637905

Pensacola Association of REALTORS®

APN: 05-1S-29-1009-002-002

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