NOT LISTED FOR SALE

8836 Cove Ave Pensacola, FL 32534

Estimated Value: $247,000 - $506,838

2 Beds
1 Bath
1,062 Sq Ft
$317/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $125,000 $118 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,165/month

357 Days on Market

Highlights

  • 4.75 Acre Lot
  • Eat-In Kitchen
  • Vinyl Flooring
  • No HOA
  • Interior Lot
  • No Heating

About This Home

As of June 2020

4.75 ACRES, APPROXIMATELY 5 MILES FROM THE NEW NAVY FEDERAL CREDIT UNION. VERY CONVENIENT AREA OFF NINE MILE. MINUTES TO SHOPPING AND INTERSTATE. MANY ESTABLISHED MATURE LIVE OAKS. HOUSE HAS BEEN VACANT FOR YEARS. IT IS IN POOR SHAPE AND HAS LITTLE OR NO VALUE. POSSIBLY REHAB LOAN WOULD WORK. ZONED MDR SO MULTI FAMILY UNITS CAN BE BUILT.

Last Agent to Sell the Property

Beverly Bullard

Alliance Real Estate Listed on: 05/07/2019

Last Buyer's Agent

Beverly Bullard

Alliance Real Estate Listed on: 05/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,786

Year Built

  • Built in 1956

Lot Details

  • 4.75 Acre Lot
  • Lot Dimensions: 319.1
  • Interior Lot

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Composition Roof
  • Block Exterior

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lincoln Park Elementary School
  • Beulah Middle School
  • Tate High School

Utilities

  • No Cooling
  • No Heating
  • No Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 101S301101010007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,786

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 101S301101010007
  • Property Type: Residential
  • Year Built: 1956
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 4.75
  • Lot Size: 319.1 X 641.3 X 323.1 X 643.1
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Nine mile to Cove Ave. South on Cove. Property will be on 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: No Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Living Area: 1062
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Eat-in Kitchen
  • Living Room Living Room Level: First
  • Room Kitchen Features: Not Updated

Exterior Features

  • Roof: Composition
  • Lot Features: Interior Lot
  • Pool Features: None
  • Construction Type: Block
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: None
  • Cooling: None
  • Sewer: Septic Tank
  • Cooling Y N: No
  • Heating Yn: No
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lincoln Park
  • High School: Tate
  • Middle Or Junior School: Beulah

Lot Info

  • Lot Size Sq Ft: 206910
  • Zoning Description: Res Multi
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 4, 2020
Sold by
Emerald Coast Constructors Inc
Bought by
Holmes Lance Ray
Seller's Agent
Beverly Bullard
Alliance Real Estate
Buyer's Agent
Beverly Bullard
Alliance Real Estate
List Price
$195,000
Sold Price
$125,000
Premium/Discount to List
-$70,000
-35.9%
Current Estimated Value
$336,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,710
Avg. Annual Appreciation
19.78%
Original Mortgage
$238,800
Outstanding Balance
$214,197
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$122,513

Purchase Details

Listed on
Sep 7, 2016
Closed on
Dec 13, 2016
Sold by
Whitworth Patricia H and Harlan Michael Sean
Bought by
Emerald Coast Construction Inc
Seller's Agent
Paul Benzler
Better Homes And Gardens Real Estate Main Street Properties
Buyer's Agent
Beverly Bullard
Alliance Real Estate
List Price
$135,000
Sold Price
$115,000
Premium/Discount to List
-$20,000
-14.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Apr 1, 2016
Bought by
Emerald Coast Constructors Inc

Purchase Details

Listed on
Apr 18, 2014
Closed on
May 8, 2014
Sold by
Whitworth Patricia H and Harlan Michael Sean
Bought by
Lynn Tonya F
Seller's Agent
Meg Vogt
2 PARADISE REALTY
Buyer's Agent
HAROLD VOGT
2 PARADISE REALTY
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$85,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 14, 2014
Sold by
Whitworth Patricia H and Estate Of William Carl Smith
Bought by
Whitworth Patricia H and Harlan Michael Sean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Holmes Lance Ray $125,000 Knight Barry Title Sln Inc
Emerald Coast Construction Inc $115,000 Attorney
Emerald Coast Constructors Inc $10,600 --
Lynn Tonya F $110,000 Attorney
Whitworth Patricia H -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holmes Lance Ray $238,800
Previous Owner Lynn Tonya F $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2020 06/04/20 Sold $125,000 -35.9% $118 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
05/07/2019 05/07/19 For Sale $195,000 +69.6% $184 / Sq Ft
12/15/2016 12/15/16 Sold $115,000 -14.8% $108 / Sq Ft View Prior Sale
11/16/2016 11/16/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $135,000 +22.7% $127 / Sq Ft
05/08/2014 05/08/14 Sold $110,000 0.0% $104 / Sq Ft View Prior Sale
04/22/2014 04/22/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $110,000 -- $104 / 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 $4,786 $377,052 $120,150 $256,902
2023 $4,786 $351,352 $105,688 $245,664
2022 $4,508 $327,111 $105,688 $221,423
2021 $1,479 $105,688 $0 $0
2020 $1,565 $105,688 $0 $0
2019 $1,577 $105,688 $0 $0
2018 $1,607 $105,688 $0 $0
2017 $1,640 $105,688 $0 $0
2016 $1,577 $137,783 $0 $0
2015 $1,564 $136,826 $0 $0
2014 $2,114 $135,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 553655

Pensacola Association of REALTORS®

APN: 10-1S-30-1101-010-007