NOT LISTED FOR SALE

7225 W Fairfield Dr Pensacola, FL 32506

Myrtle Grove Neighborhood

Estimated Value: $119,000 - $126,000

2 Beds
2 Baths
1,026 Sq Ft
$200/mo HOA Fee

Last Sold May 15, 2013

Last sale price $30,000 $29 Per Sq Ft

Est. 305% increase in value since last sale

Current estimated payment $925/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Interior Lot
  • Inside Utility
  • Fireplace
  • Double Pane Windows
  • Guest Parking

About This Home

As of May 2013

INVESTOR 2/2 UNIT IN OAK MEADOW CONDO. UNIT IS IN GOOD CONDITION. RENT ARE FROM $625-650. COMPLEX IS AT CLOSE TO FULL OCCUPANCY AND WELL MAINTAINED.

Last Agent to Sell the Property

Billy Lovelace

One Palafox Properties, LLC Listed on: 04/19/2013

Last Buyer's Agent

Lys St. Aubin, LLC

KELLER WILLIAMS REALTY GULF COAST

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $991

Year Built

  • Built in 1983

Lot Details

  • 4.94

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,026 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • Guest Parking
  • Parking Lot

Schools

  • Myrtle Grove Elementary School
  • Warrington Middle School
  • Escambia High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 112S312300007003

Property Details

Home Type

Condominium

Est. Annual Taxes

$991

Year Built

Built in 1983

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Stories: 2
  • Parcel Number: 112S312300007003
  • Property Type: Residential
  • Year Built: 1983
  • Electric: Circuit Breakers
  • Property Sub Type: Condo
  • Horses: No
  • Subdivision Name: None
  • Directions: NORTH ON FAIRFIELD FROM LILLIAN HWY. RIGHT INTO OAK MEADOW COMPLEX. THIRD BUILDING ON RIGHT IS C BUILDING. UNIT IS UPSTAIRS RIGHT AS YOU FACE BUILDING.
  • Architectural Style: Traditional
  • Building Name: Oak Meadow Condo
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Living/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 12
  • Room Kitchen Features: Not Updated
  • Room Living Room Area: 255
  • Room Kitchen Area: 80
  • Room Master Bedroom Area: 192

Exterior Features

  • Roof: Composition
  • Lot Features: Interior Lot
  • Pool Features: None
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Guest, Parking Lot

Utilities

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2400
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association

Schools

  • Elementary School: Myrtle Grove
  • High School: Escambia
  • Middle Or Junior School: Warrington

Lot Info

  • Zoning Description: County
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
C & L Investment Group Inc
Bought by
Coleman Jason P and Coleman Jessica R
Current Estimated Value
$121,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,020
Outstanding Balance
$36,094
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$84,701

Purchase Details

Closed on
Nov 12, 2015
Sold by
Emerald Coast Real Estate Investors Llc
Bought by
C & L Investment Group Inc

Purchase Details

Closed on
Oct 27, 2015
Sold by
Hollinger Jason T and Hollinger Lyndsay K
Bought by
Emerald Coast Real Estate Investors Llc

Purchase Details

Listed on
Apr 19, 2013
Closed on
May 15, 2013
Sold by
Branch Banking & Trust Company
Bought by
Hollinger Jason T and Hollinger Lyndsay K
Seller's Agent
Billy Lovelace
One Palafox Properties, LLC
Buyer's Agent
Lys St. Aubin, LLC
KELLER WILLIAMS REALTY GULF COAST
List Price
$24,900
Sold Price
$30,000
Premium/Discount to List
$5,100
20.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.93%

Purchase Details

Closed on
Jun 30, 2006
Sold by
Bennett William F and Bennett Doris A
Bought by
Mercer Cathy Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,600
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2003
Sold by
Akridge William E
Bought by
Bennett William F and Bennett Doris A

Purchase Details

Closed on
May 30, 1997
Sold by
Fontecchio Lori Plagg and Plag Lori
Bought by
Akridge William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,350
Interest Rate
8.13%
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
Coleman Jason P $58,600 First International Ttl Inc
C & L Investment Group Inc $30,000 Attorney
Emerald Coast Real Estate Investors Llc $15,200 Attorney
Hollinger Jason T $30,000 Surety Land Title
Mercer Cathy Jo $79,900 Gulf Coast Title Partners Ll
Bennett William F $46,000 --
Akridge William E $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coleman Jason P $41,020
Previous Owner Mercer Cathy Jo $76,600
Previous Owner Akridge William E $43,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2013 05/15/13 Sold $30,000 +20.5% $29 / Sq Ft
04/19/2013 04/19/13 For Sale $24,900 -- $24 / 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 $991 $91,630 -- $91,630
2023 $991 $58,825 $0 $0
2022 $929 $70,070 $0 $70,070
2021 $810 $50,666 $0 $0
2020 $727 $44,198 $0 $0
2019 $540 $30,184 $0 $0
2018 $610 $37,838 $0 $0
2017 $541 $29,000 $0 $0
2016 $548 $29,000 $0 $0
2015 $100 $24,500 $0 $0
2014 $446 $24,005 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Billy Lovelace

    Seller's Agent in 2013

    Billy Lovelace

    One Palafox Properties, LLC

    (850) 433-2845

    34 Total Sales

    Billy Lovelace
    Section Image

  • L

    Buyer's Agent in 2013

    Lys St. Aubin, LLC

    KELLER WILLIAMS REALTY GULF COAST

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 442732

Pensacola Association of REALTORS®

APN: 11-2S-31-2300-007-003

Florida Escambia County Pensacola 32506 Myrtle Grove

7225 W Fairfield Dr, Pensacola, FL

This home is located at 7225 W Fairfield Dr, Pensacola, FL 32506 since 19 April 2013 and is currently estimated at $121,485, approximately $118 per square foot. This property was built in 1983. 7225 W Fairfield Dr 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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