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2990 Michael Drive

2990 Michael Drive, Pensacola, FL 32505
Sold Sep 16, 2014
$43,000
$42,200 by Quicken Loans Inc
Mortgage Due Oct 01, 2044
Sold Nov 02, 2005
$7,600
$50,000 by Centex Home Equity Company Llc
Mortgage Due Oct 01, 2035
Local assessors in Pensacola, FL have categorized 2990 Michael Drive as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 11,935 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2990 Michael Drive has a total of 1,524 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 264 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2990 Michael Drive sold most recently in Sep 12, 2014 for a total of $43,000. If you work out the math, that's approximately a cost of $28.22 per sqft. Before that, the property was also sold for $7,600 in Sep 22, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $505 in taxes each year. 2990 Michael Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $58,536. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,935
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,524
  • Gross Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBDIVISION NUMBER: 0700
  • Land Acres: 0.274
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BEG AT NW COR OF LT 7 SLY ALG W LI 299 FT E AT RT ANG 783 FT FOR POB CONTINUE E 90 FT N 133 FT W 90 FT S 133 FT TO POB S/D OF SECTION OR 7227 P 1966

Ownership

  • Current Owner : SCOTT CAROLYN JEAN
  • Previous Owner : J & J RENTAL PROPERTIES OF PENSACOLA LLC
  • Owner Before Previous Owner: OTEY JEWEL A
  • Owner Before Previous Owner 2: OTEY GLORIA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 001700

Zoning

  • Zoning: HDMU

Geography

  • Assessors Map Reference: 09-2S-30-3
  • Account Number: 52327000
  • Parcel: 09-2S-30-0700-180-003
  • Block: 3
  • Lot: 7
  • Meridian: SEC 09 TWN 02S RNG 30W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.4486
  • Longitude: -87.2516

    Address

  • Full Address: 2990 Michael Dr
  • Address - House Number: 2990
  • Address - Street Name: Michael
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C015
  • 4-Digit Zip Code: 3999
  • Zip Code: 32505

Valuation

    Tax

  • Total Area: 1,524
  • Tax Year: 2022
  • Tax Amount: $505
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 65
  • Final Value: 143,793
  • High Value: 178,694
  • Low Value: 108,891

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $42,200
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 16, 2014
  • First Open Lien Mortgage Loan Amount: $42,200
  • 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: Oct 01, 2044

    Market Valuation

  • Market Total Value: $88,932
  • Market Land Value: $5,974
  • Market Improvement Value: $82,958

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,536

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 12, 2014
  • Current Sale Recording Date: Sep 16, 2014
  • Current Sale Transaction ID: 1135707646
  • Current Sale Price: $43,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2014067998
  • Previous Sale Recording Date: Nov 02, 2005
  • Previous Sale Contract Date: Sep 22, 2005
  • Previous Sale Amount: $7,600
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Sep 16, 2014
  • First Mortgage Loan Amount: $42,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: CENTEX HOME EQUITY COMPANY LLC
  • Previous Mortgage Transaction Date: Nov 02, 2005
  • Previous Mortgage Loan Amount: $50,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Oct 01, 2035

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Frequently Asked Questions

What neighborhood is 2990 Michael Drive located in?
The 2990 Michael Drive is a located in the neighborhood of Northwest Pensacola in Northwest Pensacola, Pensacola.
What is the average sales price for listings in 2990 Michael Drive?
The average sales price for units in 2990 Michael Drive is $0 currently.

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