NOT LISTED FOR SALE

7225 W Fairfield Dr Unit B7 Pensacola, FL 32506

Myrtle Grove Neighborhood

Estimated Value: $119,205 - $129,000

2 Beds
2 Baths
1,026 Sq Ft
$250/mo HOA Fee

Last Sold January 09, 2023

Last sale price $135,900 $132 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $999/month

4 Days on Market

Highlights

  • 4.94 Acre Lot
  • Corner Lot
  • Fireplace
  • Traditional Architecture
  • Balcony
  • Double Pane Windows

About This Home

As of January 2023

Newly updated and FULLY FURNISHED 2nd floor Coastal Condo with 2 bedrooms and 2 two bathes (1026 sq ft). Perfect investment property or a place to call your new home in this westside condo development of Oak Meadows. Owners will enjoy a spacious open concept living area that overlooks the balcony, a kitchen pull up bar area, spacious bedrooms, lots of storage, and in-unit laundry area. Notable features include New AC, New roof, New appliances (convection oven, Refrigerator with icemaker, dishwasher, garbage disposal) Newly renovated primary bathroom, New vinyl wood plank flooring throughout, ceiling fans throughout, vaulted ceiling, fireplace, Newly painted, New hot water heater,and New sunset awning over balcony. HOA includes: Trash pick-up, outdoor landscape, common area repairs, and insurance. Rentals must be 30+ days. Rent estimate $1500/Mo. This is a must see condo that is conveniently located 20 minutes from the sugar white beaches of the Gulf of Mexico, 15 minutes from the Lillian Boat launch, 10 minutes from vibrant downtown Pensacola, and minutes from the Navy Air Station, and the Navel hospital of Pensacola. This is a must see pristine property.

Last Agent to Sell the Property

Gwen Vigon

Gwen Vigon Realty LLC Listed on: 11/18/2022

Last Buyer's Agent

Wayne Peacock

Levin Rinke Realty

Levin Rinke Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $503

Year Built

  • Built in 1983

Lot Details

  • 4.94

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,026 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room
  • Open Floorplan
  • Storage
  • Inside Utility
  • Vinyl Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Sherwood Elementary School
  • Bailey Middle School
  • Escambia High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 112S312300007002

Community Details

Overview

  • Association fees include ground maintenance, insurance, maintenance, trash
  • Oak Meadows Subdivision

Amenities

  • Picnic Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$503

Year Built

Built in 1983

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Stories: 2
  • Parcel Number: 112S312300007002
  • Property Type: Residential
  • Year Built: 1983
  • Electric: Aluminum Wiring, Copper Wiring
  • Property Sub Type: Condo
  • Horses: No
  • Lot Size Acres: 4.94
  • Subdivision Name: Oak Meadows
  • Directions: Take US-98 to Lillian Hwy to W Fairfield Dr.
  • Architectural Style: Traditional
  • Building Name: Oak Meadow Condo
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dryer, Washer, Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Storage, Ceiling Fan(s), Walk-In Closet(s)
  • Living Area: 1026
  • Window Features: Double Pane Windows, Blinds, Drapes, Drapery Rods, Some Blinds, Some Drapes
  • Bedroom/Bathroom Features: Remodeled
  • Dining Room Features: Kitchen/Dining Combo, Living/Dining Combo
  • Master Bedroom Master Bedroom Level: Second
  • Master Bedroom Master Bedroom Width: 14
  • Room Family Room Area: 204
  • Room Family Room Level: Second
  • Room Kitchen Features: Not Updated
  • Room Master Bedroom Area: 196

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot
  • Pool Features: None
  • Construction Type: Frame
  • Exterior Features: Balcony
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: 2 Space/Unit

Utilities

  • Heating: Central, Fireplace(s)
  • 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

Condo/Co-op/Association

  • Community Features: Picnic Area, Sidewalks
  • Association Fee: 3000
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Maintenance Grounds, Insurance, Maintenance, Trash

Schools

  • Elementary School: Sherwood
  • High School: Escambia
  • Middle Or Junior School: Bailey

Lot Info

  • Lot Size Sq Ft: 215186.4
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Jan 9, 2023
Sold by
Pellerin Arthur F
Bought by
Hill Devin R
Seller's Agent
Gwen Vigon
Gwen Vigon Realty LLC
Buyer's Agent
Wayne Peacock
Levin Rinke Realty
List Price
$135,400
Sold Price
$135,900
Premium/Discount to List
$500
0.37%
Views
30
Current Estimated Value
$128,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,846
Avg. Annual Appreciation
-2.37%
Original Mortgage
$139,025
Outstanding Balance
$133,376
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$5,640

Purchase Details

Listed on
Oct 6, 2019
Closed on
Feb 14, 2020
Sold by
Hoard Lindsay and Wilkinson Lindsay
Bought by
Pellerin Arthur F
Seller's Agent
LINDSAY HOARD
Engel & Volkers Pensacola
Buyer's Agent
TAMMY HUNTER
RE/MAX INFINITY
List Price
$65,000
Sold Price
$61,500
Premium/Discount to List
-$3,500
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.44%

Purchase Details

Closed on
Aug 30, 2006
Sold by
Buechler Francine Brett
Bought by
Wilkinson Lindsay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.73%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hill Devin R $135,900 --
Pellerin Arthur F $61,500 Surety Land Title Of Fl Llc
Wilkinson Lindsay $76,900 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Devin R $139,025
Previous Owner Wilkinson Lindsay $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $135,900 +0.4% $132 / Sq Ft
11/22/2022 11/22/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $135,400 +120.2% $132 / Sq Ft
02/14/2020 02/14/20 Sold $61,500 -5.4% $60 / Sq Ft
02/02/2020 02/02/20 Pending -- -- --
10/06/2019 10/06/19 For Sale $65,000 -- $63 / 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 $503 $87,210 -- $87,210
2023 $503 $71,820 $0 $71,820
2022 $917 $66,690 $0 $66,690
2021 $807 $49,248 $0 $0
2020 $630 $44,118 $0 $0
2019 $520 $28,728 $0 $0
2018 $586 $36,013 $0 $0
2017 $519 $27,500 $0 $0
2016 $509 $27,500 $0 $0
2015 $441 $23,000 $0 $0
2014 $414 $22,574 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gwen Vigon

    Seller's Agent in 2023

    Gwen Vigon

    Gwen Vigon Realty LLC

    (310) 795-1389

    3 in this area

    367 Total Sales

    Section Image
  • Wayne Peacock

    Buyer's Agent in 2023

    Wayne Peacock

    Levin Rinke Realty

    (850) 380-6874

    16 in this area

    195 Total Sales

    Section Image
  • LINDSAY HOARD

    Seller's Agent in 2020

    LINDSAY HOARD

    Engel & Volkers Pensacola

    (850) 516-7677

    13 Total Sales

    Section Image
  • TAMMY HUNTER

    Buyer's Agent in 2020

    TAMMY HUNTER

    RE/MAX

    (850) 206-4971

    2 in this area

    57 Total Sales

    Section Image
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 619054

Pensacola Association of REALTORS®

APN: 11-2S-31-2300-007-002

Florida Escambia County Pensacola 32506 Myrtle Grove

7225 W Fairfield Dr Unit B7, Pensacola, FL

This home is located at 7225 W Fairfield Dr Unit B7, Pensacola, FL 32506 since 18 November 2022 and is currently estimated at $125,051, approximately $121 per square foot. This property was built in 1983. 7225 W Fairfield Dr Unit B7 is a home located in Escambia County with nearby schools including Myrtle Grove Elementary School, Warrington Middle School, and Escambia High School.

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