NOT LISTED FOR SALE

16 E Belmont St Pensacola, FL 32501

Estimated Value: $527,000 - $730,000

0.06 Acre
$10,524,258 Price per Acre
2,701 Sq Ft Lot

Last Sold March 24, 2021

Last sale price $169,900

Est. 284% increase in value since last sale

Current estimated payment $3,585/month

1,462 Days on Market

About This Lot

As of March 2021

This parcel in the Galveztown development offers unparalleled access to the modern, downtown lifestyle. Be a part of this developing community by purchasing one of only five remaining lots. Four residences currently under construction. Homes to be a minimum of 1,700 square feet. Rear entry garages. Underground utilities. Quality construction required, please see attached architectural guidelines. One block from the Palafox Market and Polonza restaurant. Palafox Street was named one of the "10 Great Streets in America" by the American Planning Association. These parcels are high and dry, in flood zone X and had no issues during Hurricane Sally. Contact agent for more details or to set up a personal tour of the property.

Last Agent to Sell the Property

Fred Gunther

GUNTHER PROPERTIES, LLC Listed on: 02/24/2017

Last Buyer's Agent

Nancy Grogan

Berkshire Hathaway Home Services PenFed Realty

Berkshire Hathaway Home Services PenFed Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,037

Lot Details

  • 2,701 Sq Ft Lot
  • Lot Dimensions: 27

Schools

  • Global Learning Academy Elementary School
  • Workman Middle School
  • Pensacola High School

Community Details

  • No Home Owners Association
  • Belmont Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009010006010

Property Details

Property Type

Land

Est. Annual Taxes

$2,037

Lot Details

0

Listing Details

  • Parcel Number: 000S009010006010
  • Property Type: Land
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.062
  • Lot Size: 27' x 100'
  • Subdivision Name: Belmont Tract
  • Directions: North on Palafox Street from Garden Street. Parcel is at the NE corner of Palafox and Belmont.
  • Special Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 2700.72
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Mar 24, 2021
Sold by
Galveztown Llc
Bought by
Danos James C and Fandt Patricia M
Seller's Agent
Fred Gunther
GUNTHER PROPERTIES, LLC
Buyer's Agent
Nancy Grogan
Berkshire Hathaway Home Services PenFed Realty
List Price
$210,000
Sold Price
$169,900
Premium/Discount to List
-$40,100
-19.1%
Current Estimated Value
$652,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,604
Avg. Annual Appreciation
33.98%
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
Danos James C $169,900 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2021 03/24/21 Sold $169,900 0.0% --
02/25/2021 02/25/21 Pending -- -- --
10/21/2019 10/21/19 Price Changed $169,900 +9.7% --
01/06/2019 01/06/19 Price Changed $154,900 -8.8% --
08/30/2018 08/30/18 Price Changed $169,900 -2.9% --
01/12/2018 01/12/18 Price Changed $175,000 -16.7% --
02/24/2017 02/24/17 For Sale $210,000 -- --
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
2024 $2,037 $334,756 -- --
2023 $2,037 $120,750 $120,750 $0
2022 $2,053 $120,750 $120,750 $0
2021 $956 $54,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fred Gunther

    Seller's Agent in 2021

    Fred Gunther

    GUNTHER PROPERTIES, LLC

    (850) 748-4152

    12 in this area

    21 Total Sales

    Fred Gunther
    Section Image
  • Nancy Grogan

    Buyer's Agent in 2021

    Nancy Grogan

    BHHS PenFed (actual)

    (850) 377-7578

    14 in this area

    105 Total Sales

    Nancy Grogan
    Section Image
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 513396

Pensacola Association of REALTORS®

APN: 00-0S-00-9010-031-010

Florida Escambia County Pensacola 32501

16 E Belmont St, Pensacola, FL

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