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5540 Mayfair Drive

5540 Mayfair Drive, Pensacola, FL 32506
Property in Forest Park
Sold Mar 26, 2021
$77,300
$74,932 by Everett Financial Inc
Mortgage Due Apr 01, 2051
Sold Dec 22, 2004
$55,000
$49,500 by Abn Amro Mortgage Group Inc
Mortgage Due Jan 01, 2035
Local assessors in Pensacola, FL have categorized 5540 Mayfair Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 9,278 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 5540 Mayfair Drive has a total of 1,192 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. 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 materials that we aren't sure of. 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 plaster. As for flooring, was the material of choice during construction. Residents rely on a wall air conditioning unit for their cooling system. The home's floor/wall heating system is the primary heating source. The property was last sold in Mar 23, 2021 for $77,300. That's $64.85 per sqft. Prior to that sales transaction, the property was also sold in Dec 9, 2004 for $55,000. 5540 Mayfair Drive was last assessed in 2022. The total value of the property was assessed at $71,950. Specifically, the land the property is located on was valued at $7,000. While improvements on the property were assessed at a total of $64,950. 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 $1,089. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1955
  • Effective Year Built: 1955
  • 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: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,278
  • Total Building Area: 1,192
  • Gross Building Area: 1,192
  • Building Area: 1,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Floor/wall
  • Heated Square Feet: 1,192
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST PARK
  • Land Acres: 0.213
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 12 BLK D 1ST ADDN TO FOREST PARK PB 3 P 10/43/92 OR 8493 P 1225

Ownership

  • Current Owner : MUTH LORENZ NANCY L
  • Previous Owner : LAMAR CODY L
  • Owner Before Previous Owner: COLEMAN DAVID P
  • Owner Before Previous Owner 2: COLEMAN VIRGINIA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Escambia County School District
  • Census Tract: 002803

Zoning

  • Zoning: MDR

Geography

  • Assessors Map Reference: 36-2S-30
  • Account Number: 73358000
  • Parcel: 36-2S-30-1500-012-004
  • Block: D 1
  • Lot: 12
  • Meridian: SEC 36 TWN 02S RNG 30W
  • Municipality: ESCAMBIA COUNTY
  • Latitude: 30.4141
  • Longitude: -87.2905

    Address

  • Full Address: 5540 Mayfair Dr
  • Address - House Number: 5540
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Pensacola
  • Carrier Code: C011
  • 4-Digit Zip Code: 5392
  • Zip Code: 32506

Valuation

    Tax

  • Total Area: 1,192
  • Tax Year: 2022
  • Tax Amount: $1,089
  • Tax Rate Code Area: MSTU

    Appraisal Valuation

  • Standard Deviation: 0.2753
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 60
  • Final Value: 139,824
  • High Value: 178,330
  • Low Value: 101,317

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $74,932
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Loan Amount: $74,932
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $71,950
  • Market Land Value: $7,000
  • Market Improvement Value: $64,950

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,950
  • Assessed Land Value: $7,000
  • Assessed Improvements Value: $64,950

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11828917078
  • Current Sale Price: $77,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021032565
  • Previous Sale Recording Date: Dec 22, 2004
  • Previous Sale Contract Date: Dec 09, 2004
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $74,932
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Dec 22, 2004
  • Previous Mortgage Loan Amount: $49,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2035

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Frequently Asked Questions

What neighborhood is 5540 Mayfair Drive located in?
The 5540 Mayfair Drive is a located in the neighborhood of Forest Park in West Pensacola, Pensacola.
What is the average sales price for listings in 5540 Mayfair Drive?
The average sales price for units in 5540 Mayfair Drive is $0 currently.

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