NOT LISTED FOR SALE

1139 Pearson Rd Milton, FL 32583

Estimated Value: $813,000

0.8 Acre
$1,016,250 Price per Acre
34,848 Sq Ft Lot

Last Sold May 02, 2016

Last sale price $109,500

Est. 642% increase in value since last sale

Current estimated payment $4,414/month

421 Days on Market

Highlights

  • Beach Access
  • 0.8 Acre Lot
  • No HOA
  • Property Fronts a Bay or Harbor

About This Lot

As of May 2016

Very nice sunset lot on Escambia Bay. Ready to build, no wetlands, rip-rap seawall, flood zone A. Nice quiet street, lots of wildlife in the area. Must build on pilings, sewer available. Very convenient to I 10 and area beaches.

Last Agent to Sell the Property

Scott Green

WaterFrontCity Realty LLC Listed on: 02/05/2015

Last Buyer's Agent

Outside Area Selling Agent

PAR Outside Area Listing Office

Property Details

Property Type

  • Land

Lot Details

  • 0.8 Acre Lot
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Cleared Lot

Property Views

  • Bay Views

Schools

  • Bagdad Elementary School
  • Avalon Middle School
  • Milton High School

Listing and Financial Details

  • Assessor Parcel Number 231S280000004150000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach Access
  • Rip-Rap

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Parcel Number: 231S280000004150000
  • Property Type: Land
  • Topography: High/Dry
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.8
  • Lot Size: 70x450x93x450
  • Road Frontage Type: County Road
  • Subdivision Name: None
  • Directions: South on Avalon, about a mile before toll booth right on Raughton, right on Pearson
  • Special Features: None

Exterior Features

  • Lot Features: Cleared
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay, Waterfront, Beach Access, Rip Rap
  • Waterfront: Yes

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Bagdad
  • High School: Milton
  • Middle Or Junior School: Avalon

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 34848
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2015
Closed on
May 2, 2016
Sold by
Barnes Joanne and Joanne Barnes Revocable Trust
Bought by
Justice Robert Brian
Seller's Agent
Scott Green
WaterFrontCity Realty LLC
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$149,000
Sold Price
$109,500
Premium/Discount to List
-$39,500
-26.51%
Current Estimated Value
$813,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,500
Avg. Annual Appreciation
22.96%
Original Mortgage
$87,600
Interest Rate
3.71%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Justice Robert Brian $109,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Justice Robert Brian $87,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $109,500 -26.5% --
03/24/2016 03/24/16 Pending -- -- --
01/28/2015 01/28/15 For Sale $149,000 -- --
Source: Pensacola Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,945 $241,500 $241,500 --
2022 $1,760 $144,900 $144,900 $0
2021 $1,429 $131,218 $131,218 $0
2020 $1,377 $97,164 $0 $0
2019 $1,382 $97,164 $0 $0
2018 $1,402 $97,164 $0 $0
2017 $1,430 $97,164 $0 $0
2016 $1,287 $90,687 $0 $0
2015 $1,143 $74,523 $0 $0
2014 $1,161 $74,523 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 476109

Pensacola Association of REALTORS®

APN: 23-1S-28-0000-00415-0000