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4 Banks Dr

Pensacola, FL 32506

2 bd 1 ba 810 sqft Built 1948 Lot 9,339 sqft single_family
Most recent sale
$50,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 13, 2025 Price changed $119,000 EmeraldCoast
Oct 24, 2025 Price changed $125,000 EmeraldCoast
Aug 22, 2025 Price changed $109,000 EmeraldCoast
Aug 16, 2025 Price changed $115,000 EmeraldCoast
Aug 9, 2025 Price changed $119,000 EmeraldCoast
Aug 1, 2025 Listed $125,000 EmeraldCoast
Apr 25, 2022 Sold $50,000 MLS #605510
Mar 18, 2022 Listed $60,000 MLS #605510
Nov 8, 2021 Relisted $59,000 MLS #598489
Oct 23, 2021 Relisted $59,000 MLS #598489
Oct 18, 2021 Listed $59,000 MLS #598489
Dec 2, 2014 Listing removed $29,900 Pensacola
Jun 3, 2014 Listed $29,900 MLS #464006

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $44,731 $750
2020 $33,322 $7,343 $40,665 $679
2019 $32,798 $7,343 $40,141 $677
2018 $30,454 $7,343 $37,797 $655
2017 $27,818 $7,343 $35,161 $629
2016 $26,940 $7,343 $34,283 $625
2015 $25,476 $9,062 $34,538 $612
2014 $34,221 $575
2013 $31,797 $570
2012 $31,797 $577
2011 $33,021 $593
2010 $34,187 $607
2009 $36,642 $645
2008 $38,112 $663

Property facts

Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
810 sqft
Lot size
9,339 sqft
ZIP code
32506
City
Pensacola
Street
Banks Dr
Coordinates
30.41875, -87.27679

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4 Banks Dr last sell?
4 Banks Dr most recently sold on Apr 25, 2022 for $50,000.
What is the current tax assessment for 4 Banks Dr?
The most recent total assessment for 4 Banks Dr (year 2021) is $44,731 with $750 in property tax.
How does 4 Banks Dr's assessment compare to its last sale price?
The current assessment is 10.5% below the last sale price of $50,000.
When was 4 Banks Dr built?
4 Banks Dr was built in 1948.
How does 4 Banks Dr compare to others on Banks Dr?
We do not currently track other properties on Banks Dr.
What are the property facts for 4 Banks Dr?
4 Banks Dr is a 2 bed, 1 bath, 810 sqft, 9,339 sqft lot single_family.
Is 4 Banks Dr a flip candidate?
No — 4 Banks Dr does not appear in our flips dataset.
Is 4 Banks Dr a tax-appeal candidate?
No — 4 Banks Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.9%
Implied 1-yr
-3.7%
2026 Q3
$240K
2026 Q4
$240K
ZIP 32506 — Median Price History + Forecast

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