INVESTOR SPECIAL! This 3-bedroom, 1-bath property features 1,620 square feet of living space — significantly larger than many comparable homes—offering strong ARV potential. Ideal for a full renovation, tear down or rebuild. Functional layout provides flexibility to reconfigure and add value. Located on a 0.20-acre lot with convenient access to major roads and shopping. Perfect project for experienced investors looking to maximize returns. Property being sold AS-IS, with no repairs or improvements to be made by seller.
Sold for $50,000
Zestimate®
$50,000
5040 W Fairfield Dr, Pensacola, FL 32506
3beds
1,620sqft
Single Family Residence
Built in 1957
8,942 Square Feet Lot
$50,000 Zestimate®
$31/sqft
$1,489 Estimated rent
Home value
$50,000
$48,000 - $53,000
$1,489/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Ron Zabriskie 240-994-8380,
Levin Rinke Realty
Bought with:
Ron Zabriskie
Levin Rinke Realty
Source: PAR,MLS#: 684236
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Area: 174.03
- Dimensions: 11.67 x 14.92
Bedroom
- Level: First
- Area: 113.72
- Dimensions: 10.42 x 10.92
Bedroom 1
- Level: First
- Area: 123.47
- Dimensions: 10.58 x 11.67
Kitchen
- Level: First
- Area: 113.72
- Dimensions: 10.92 x 10.42
Heating
- Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater, No Water Heater
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 1,620
- Total interior livable area: 1,620 sqft
Property
Parking
- Parking features: Driveway, Front Entrance
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 8,942 Square Feet
- Features: Interior Lot
Details
- Parcel number: 142s307001002002
- Zoning description: Res Single
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Block, Concrete
- Foundation: Slab
- Roof: Composition,Hip
Condition
- Resale
- New construction: No
- Year built: 1957
Utilities & green energy
- Electric: Fuses
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: No Energy Features
Community & HOA
Community
- Subdivision: Sherwood
HOA
- Has HOA: No
Location
- Region: Pensacola
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $104,638
- Annual tax amount: $247
- Price range: $50K - $50K
- Date on market: 6/11/2026
- Cumulative days on market: 37 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Sold | $50,000-33.3%$31/sqft |
Source:  PAR #684236 Report a problem | ||
| 7/28/2026 | Pending sale | $75,000$46/sqft |
Source: PAR #684236 Report a problem | ||
| 7/18/2026 | Contingent | $75,000$46/sqft |
Source: PAR #684236 Report a problem | ||
| 7/10/2026 | Listed for sale | $75,000-40%$46/sqft |
Source: PAR #684236 Report a problem | ||
| 7/8/2026 | Contingent | $125,000$77/sqft |
Source: PAR #684236 Report a problem | ||
| 6/25/2026 | Listed for sale | $125,000$77/sqft |
Source: PAR #684236 Report a problem | ||
| 6/17/2026 | Contingent | $125,000$77/sqft |
Source: PAR #684236 Report a problem | ||
| 6/11/2026 | Listed for sale | $125,000+854.2%$77/sqft |
Source: PAR #684236 Report a problem | ||
| 12/5/2011 | Sold | $13,100$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $247 +0.3% | $104,638 +0.6% |
| 2023 | $246 -7.1% | $104,047 +19.6% |
| 2022 | $265 -0.6% | $86,996 +22.4% |
| 2021 | $267 -1% | $71,047 +11.5% |
| 2020 | $269 +1.5% | $63,721 +5.7% |
| 2019 | $266 | $60,272 +26.4% |
| 2018 | $266 -0.3% | $47,669 +2.1% |
| 2017 | $266 -0.1% | $46,689 +2.1% |
| 2016 | $267 +0.5% | $45,729 +0.7% |
| 2015 | $265 | $45,412 +0.8% |
| 2014 | $265 | $45,052 +1.5% |
| 2013 | -- | $44,387 +1.7% |
| 2012 | -- | $43,646 +3% |
| 2011 | -- | $42,375 +1.5% |
| 2010 | -- | $41,749 +2.7% |
| 2009 | -- | $40,652 +0.1% |
| 2008 | -- | $40,612 +3% |
| 2007 | -- | $39,430 +2.5% |
| 2006 | -- | $38,470 +3% |
| 2005 | -- | $37,350 +3% |
| 2004 | -- | $36,260 +1.9% |
| 2003 | -- | $35,580 +2.4% |
| 2002 | -- | $34,750 +1.6% |
| 2001 | -- | $34,200 +3% |
| 2000 | -- | $33,200 +2.7% |
| 1999 | -- | $32,330 |
Find assessor info on the county website
Neighborhood: 32506
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Nearby schools
GreatSchools rating
- 3/10Sherwood Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 2/10Bellview Middle SchoolGrades: 6-8Distance: 2.5 mi
- 3/10Escambia High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Sherwood
- Middle: BELLVIEW
- High: Escambia
Source: PAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Florida
- Escambia County
- Pensacola
- 32506
- 5040 W Fairfield Dr
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