NOT LISTED FOR SALE

131 Polo Terrace Pensacola, FL 32534

Estimated Value: $311,000 - $410,000

3 Beds
2.5 Baths
1,804 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $315,000 $175 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,146/month

30 Days on Market

Highlights

  • Traditional Architecture
  • Interior Lot
  • Patio
  • Cul-De-Sac
  • Dual Closets
  • Tile Flooring

About This Home

As of February 2024

Beautiful, like-new home in a convenient location! This 2-story home, built in 2022, has a spacious, open-concept kitchen/living/dining area on the first floor as well as a half bathroom and laundry area. Upstairs you will find 3 large bedrooms and 2 full bathrooms. Bedrooms all have ample storage space and the master bedroom has 2 walk-in closets. Outside offers an open patio and privacy fenced yard. This location is convenient to University of West Florida, Navy Federal, Scenic Hills Golf Course, shopping, dining, and is approximately 30 mins from Pensacola Beach.

Last Agent to Sell the Property

Angela Hileman

Levin Rinke Realty Listed on: 12/18/2023

Last Buyer's Agent

Outside Area Selling Agent

PAR Outside Area Listing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 2022

Lot Details

  • 5,663 Sq Ft Lot
  • Cul-De-Sac
  • Privacy Fence
  • Interior Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,804 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets

Outdoor Features

  • Patio

Schools

  • Mcarthur Elementary School
  • Ferry Pass Middle School
  • Pine Forest High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Grinder Pump

Community Details

  • Belmont Downs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111S301102003004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,099

Year Built

Built in 2022

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Stories: 2
  • Parcel Number: 111S301102003004
  • Property Type: Residential
  • Year Built: 2022
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.13
  • Lot Size: 110x50
  • Subdivision Name: Belmont Downs
  • Directions: N on Hwy 29, turn right onto E. Nine Mile Road, travel approximately 1 mile, turn right onto Chemstrand Road, travel approximately 1/2 mile turn right into neighborhood, follow road to the end towards cul de sac, home will be on left
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: NewHome

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Carpet
  • Living Area: 1804
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Master Bedroom Master Bedroom Width: 19
  • Master Bedroom Features: 2 or More Closets
  • Room Kitchen Features: Not Updated
  • Room Living Room Area: 308
  • Room Kitchen Area: 130
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 247
  • Room Dining Room Area: 90

Exterior Features

  • Roof: Shingle
  • Fencing: Privacy
  • Lot Features: Cul-De-Sac, Interior Lot
  • Pool Features: None
  • Construction Type: Frame
  • Foundation Details: Slab
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Grinder Pump, Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association

Schools

  • Elementary School: Mcarthur
  • High School: Pine Forest
  • Middle Or Junior School: Ferry Pass

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Zoning Description: County
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Feb 9, 2024
Sold by
Pillot-Lozada Aleris and Kermarys Marquez
Bought by
Gerhardt Tyler Lee and Gerhardt Julianna
Seller's Agent
Angela Hileman
Levin Rinke Realty
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
22
Current Estimated Value
$341,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,323
Avg. Annual Appreciation
5.31%
Original Mortgage
$315,000
Outstanding Balance
$310,047
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
$31,276
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Gerhardt Tyler Lee $315,000 Emerald Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerhardt Tyler Lee $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $315,000 -3.1% $175 / Sq Ft
12/18/2023 12/18/23 For Sale $325,000 +5.7% $180 / Sq Ft
04/01/2022 04/01/22 Sold $307,400 0.0% $187 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $307,400 0.0% $187 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/10/2022 01/10/22 Price Changed $307,400 +3.4% $187 / Sq Ft
11/15/2021 11/15/21 Price Changed $297,400 +1.7% $180 / Sq Ft
10/07/2021 10/07/21 For Sale $292,400 -- $177 / Sq Ft
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
2024 $3,099 $266,327 -- --
2023 $3,099 $258,570 $0 $0
2022 $482 $25,000 $25,000 $0
2021 $508 $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 637768

Pensacola Association of REALTORS®

APN: 11-1S-30-1102-003-004