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540 South 1st Street

540 South 1st Street, Pensacola, FL 32507
Property in New Warrington
Sold Dec 04, 2023
$120,000
Buyer
$140,000 by Abl Rpc Resid Cr Acquisition L
Mortgage Due Mar 01, 2025
Sold Aug 20, 2013
$36,800
$32,945 by M D French Etal
Mortgage
540 South 1st Street 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 1943 and is 81 years old. However, we must point out that the home was most recently renovated and altered in 1990. 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, 540 South 1st Street has 1,001 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 6,098 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. For the features and amenities located on the property. There is a carport for those who require parking. 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 C by the local assessor. The building has a hip 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. The property was last sold in Nov 30, 2023 for $120,000. That's $119.88 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2013 for $36,800. 540 South 1st Street was last assessed in 2022. The total value of the property was assessed at $106,308. Specifically, the land the property is located on was valued at $23,000. While improvements on the property were assessed at a total of $83,308. 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 $1,257. The initial tax year of delinquency was in 2022. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1943
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Combination
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,001
  • Gross Building Area: 1,001
  • Building Area: 1,001
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,001
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW WARRINGTON 2ND ADDN
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 49 BLK 37 2ND ADDN TO NEW WARRINGTON PB 1 P 35 OR 7062 P 1723 OR 8854 P 1089 CA 213

Ownership

  • Current Owner : SWG LLC
  • Previous Owner : CUMMINGS ROBIN
  • Owner Before Previous Owner: FRENCH M D
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 002300

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: CA213
  • Account Number: 83323000
  • Parcel: 51-2S-30-7062-490-037
  • Block: 37
  • Lot: 49
  • Meridian: SEC 51 TWN 02S RNG 30W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.3773
  • Longitude: -87.275

    Address

  • Full Address: 540 S 1st St
  • Address - House Number: 540
  • Street Direction: S
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C006
  • 4-Digit Zip Code: 3308
  • Zip Code: 32507

Valuation

    Tax

  • Total Area: 1,001
  • Tax Year: 2022
  • Tax Amount: $1,257
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.2777
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 194,733
  • High Value: 248,823
  • Low Value: 140,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,000
  • First Open Lien Mortgage Lender: ABL RPC RESID CR ACQUISITION L
  • First Open Lien Mortgage Recording Date: Feb 14, 2024
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2025

    Market Valuation

  • Market Total Value: $106,308
  • Market Land Value: $23,000
  • Market Improvement Value: $83,308

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,308
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $83,308

    Sales

  • Current Sale Contract Date: Nov 30, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Transaction ID: 11918266971
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 95240
  • Previous Sale Recording Date: Aug 20, 2013
  • Previous Sale Contract Date: Aug 15, 2013
  • Previous Sale Amount: $36,800
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: M D FRENCH ETAL
  • Previous Mortgage Transaction Date: Aug 20, 2013
  • Previous Mortgage Loan Amount: $32,945
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Seller take-back

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Frequently Asked Questions

What neighborhood is 540 South 1st Street located in?
The 540 South 1st Street is a located in the neighborhood of New Warrington in Southwest Pensacola, Pensacola.
What is the average sales price for listings in 540 South 1st Street?
The average sales price for units in 540 South 1st Street is $0 currently.

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