NOT LISTED FOR SALE

1479 Pearson Rd Milton, FL 32583

Estimated Value: $380,000 - $550,000

3.42 Acres
$131,788 Price per Acre
148,975 Sq Ft Lot

Last Sold February 21, 2012

Last sale price $63,500

Est. 610% increase in value since last sale

Current estimated payment $2,692/month

327 Days on Market

Highlights

  • Beach Access
  • Home fronts a pond
  • Level Lot
  • Property Fronts a Bay or Harbor
  • 3.42 Acre Lot

About This Lot

As of February 2012

Bank Owned vacant bay front land. This parcel measures approx. 3.42 acres w/ approx. 95 ft. of water frontage. The Seller has no knowledge of wetlands and Buyers are advised to perform their own due diligence to their satisfaction as to building restrictions, insurance costs, etc. Acreage to the north adjacent to this parcel available to add to this land to encompass the access road on to this property.

Last Agent to Sell the Property

TONYA MCDONALD

HOOK & LADDER Listed on: 02/27/2011

Last Buyer's Agent

TONYA MCDONALD

HOOK & LADDER Listed on: 02/27/2011

Property Details

Property Type

  • Land

Lot Details

  • 3.42 Acre Lot
  • Home fronts a pond
  • Property Fronts a Bay or Harbor
  • Property fronts a county road
  • Level Lot
  • Cleared Lot

Schools

  • Bennett C Russell Elementary School
  • Avalon Middle School
  • Milton High School

Additional Features

  • Beach Access
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 171S280000029010000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Parcel Number: 171S280000029010000
  • Property Type: Land
  • Topography: Level
  • Property Sub Type: Land/Acreage
  • Horses: No
  • Lot Size Acres: 3.42
  • Road Frontage Type: County Road, Graded/Maint
  • Co List Office Mls Id: HOOK01
  • Co List Office Phone: 850-725-2452
  • Subdivision Name: None
  • Directions: From I-10, South on Avalon Blvd. (Hwy 281) for 4.35 miles (about 5 mins. drive time), turn Rt on Raughton Rd., continue on Raughton to Rt. on Pearson, continue on Pearson for 1 mile, lot is on the right, look for sign.
  • Special Features: None

Exterior Features

  • Lot Features: Central Access, Cleared, Pond
  • Waterfront Features: Bay, Pond, Beach Access, Natural
  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Water Source: Public

Schools

  • Elementary School: Bennett C Russell
  • High School: Milton
  • Middle Or Junior School: Avalon

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 148975.2
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2011
Closed on
Feb 17, 2012
Sold by
Regions Bank
Bought by
Smith Keith D and Smith Kirsten G
Seller's Agent
TONYA MCDONALD
HOOK & LADDER
Buyer's Agent
TONYA MCDONALD
HOOK & LADDER
List Price
$139,900
Sold Price
$63,500
Premium/Discount to List
-$76,400
-54.61%
Current Estimated Value
$450,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,214
Avg. Annual Appreciation
15.14%
Original Mortgage
$56,500
Outstanding Balance
$45,846
Interest Rate
8.5%
Mortgage Type
Seller Take Back
Estimated Equity
$404,868

Purchase Details

Closed on
Jan 24, 2011
Sold by
Scully Robert W
Bought by
Regions Bank
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
Smith Keith D $63,500 Attorneys
Regions Bank $101,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Keith D $56,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2012 02/21/12 Sold $63,500 -54.6% --
01/20/2012 01/20/12 Pending -- -- --
02/27/2011 02/27/11 For Sale $139,900 -- --
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 $4,015 $370,245 $160,698 $209,547
2024 $4,152 $348,389 $142,078 $206,311
2023 $4,152 $353,443 $148,644 $204,799
2022 $3,657 $293,380 $99,373 $194,007
2021 $3,240 $236,692 $73,674 $163,018
2020 $2,922 $206,123 $0 $0
2019 $2,797 $196,723 $0 $0
2018 $2,768 $191,877 $0 $0
2017 $2,647 $184,821 $0 $0
2016 $2,394 $159,922 $0 $0
2015 $716 $53,724 $0 $0
2014 -- $53,724 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 404550

Pensacola Association of REALTORS®

APN: 17-1S-28-0000-02901-0000