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203 North Madison Drive

203 North Madison Drive, Pensacola, FL 32505
Property in Mayfair
Sold Dec 30, 2021
$145,000
$142,373 by Das Acquisition
Mortgage Due Feb 01, 2052
Sold May 26, 2021
$37,500
$75,000 by Cash Flow Company Llc
Mortgage
203 North Madison Drive has been categorized by the local assessors in Pensacola, FL as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 2000. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 203 North Madison Drive has 1,286 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,771 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of materials that we aren't sure of. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Dec 30, 2021 for $145,000. That's $112.75 per sqft. Prior to that sales transaction, the property was also sold in May 20, 2021 for $37,500. 203 North Madison Drive was last assessed in 2022. The total value of the property was assessed at $115,494. Specifically, the land the property is located on was valued at $8,000. While improvements on the property were assessed at a total of $107,494. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,705. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,771
  • Total Building Area: 1,286
  • Gross Building Area: 1,286
  • Building Area: 1,286
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,286
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAYFAIR
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 2 BLK 6 MAYFAIR PB 3 P 54 OR 8694 P 924

Ownership

  • Current Owner : LAFOLLETTE TORY
  • Previous Owner : NOLA REALTY CO LLC
  • Owner Before Previous Owner: IGNATAVICH SHARON B
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 003001

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: 15-2S-30-1
  • Account Number: 54896000
  • Parcel: 15-2S-30-1000-002-007
  • Block: 6
  • Lot: 2
  • Meridian: SEC 15 TWN 02S RNG 30W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.4445
  • Longitude: -87.2794

    Address

  • Full Address: 203 N Madison Dr
  • Address - House Number: 203
  • Street Direction: N
  • Address - Street Name: Madison
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C028
  • 4-Digit Zip Code: 3619
  • Zip Code: 32505

Valuation

    Tax

  • Total Area: 1,236
  • Tax Year: 2022
  • Tax Amount: $1,705
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.4825
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 3
  • Final Value: 134,565
  • High Value: 199,492
  • Low Value: 69,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $142,373
  • First Open Lien Mortgage Lender: DAS ACQUISITION
  • First Open Lien Mortgage Recording Date: Dec 30, 2021
  • First Open Lien Mortgage Loan Amount: $142,373
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $115,494
  • Market Land Value: $8,000
  • Market Improvement Value: $107,494

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,494
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $107,494

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Transaction ID: 11876638223
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021141797
  • Previous Sale Recording Date: May 26, 2021
  • Previous Sale Contract Date: May 20, 2021
  • Previous Sale Amount: $37,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAS ACQUISITION
  • First Mortgage Transaction Date: Dec 30, 2021
  • First Mortgage Loan Amount: $142,373
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CASH FLOW COMPANY LLC
  • Previous Mortgage Transaction Date: May 26, 2021
  • Previous Mortgage Loan Amount: $75,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 203 North Madison Drive located in?
The 203 North Madison Drive is a located in the neighborhood of Mayfair in Northwest Pensacola, Pensacola.
What is the average sales price for listings in 203 North Madison Drive?
The average sales price for units in 203 North Madison Drive is $0 currently.

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