NOT LISTED FOR SALE

1601 W 9 & Half Mile Rd Cantonment, FL 32533

Estimated Value: $663,000 - $1,690,376

2 Acres
$528,295 Price per Acre
87,329 Sq Ft Lot

Last Sold March 13, 2019

Last sale price $165,000

Est. 542% increase in value since last sale

Current estimated payment $5,749/month

128 Days on Market

About This Lot

As of March 2019

Great opportunity to build your dream home on one of the few remaining estate lots in the upscale Paddocks at Milestone! This 2+ acre lot is level and ready for you to enjoy beautiful sunsets from your creation. Bonus - the lot backs into Milestone walking trail, which leads to the park. Convenient Location between I-10 and Highway 29. Once roadwork has been completed your commute to downtown will be a breeze. New development in the planning stages just west of exit 5 could bring exciting new options for the area. Shopping? Entertainment? Explore this lot and the area today!

Last Agent to Sell the Property

Omar Nagi

Alliance Real Estate Listed on: 10/29/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,541

Lot Details

  • 2 Acre Lot
  • Lot Dimensions: 151

Schools

  • Pine Meadow Elementary School
  • Woodham Middle School
  • Tate High School

Community Details

  • Property has a Home Owners Association
  • Milestone Subdivision

Listing and Financial Details

  • Assessor Parcel Number 011S310100000240

Property Details

Property Type

Land

Est. Annual Taxes

$1,541

Lot Details

0

Listing Details

  • Parcel Number: 011S310100000240
  • Property Type: Land
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 2.0048
  • Lot Size: 151' x 580'
  • Subdivision Name: Milestone
  • Directions: From W 9 Mile Rd, West on Stefani to W 9 & Half Mile Rd. Take Left and lot is situated approx .25 miles on the left.
  • Special Features: None

Utilities

  • Sewer: See Remarks
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Pine Meadow
  • High School: Tate
  • Middle Or Junior School: Woodham

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 87329.088
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Mar 13, 2019
Sold by
Patel Mick S and Patel Sangita B
Bought by
Chavez Fernando
Seller's Agent
Omar Nagi
Alliance Real Estate
List Price
$185,000
Sold Price
$165,000
Premium/Discount to List
-$20,000
-10.81%
Current Estimated Value
$1,059,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$894,125
Avg. Annual Appreciation
32.54%
Original Mortgage
$115,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2016
Sold by
Thompson Brian K
Bought by
Patel Mick S and Patel Sangita B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
3.61%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 17, 2009
Sold by
Thompson Melissa
Bought by
Thompson Brian Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2007
Sold by
Young Charles and Young Shaunda
Bought by
Thompson Brian Keith and Thompson Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,209
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2006
Sold by
Nobles Family Partnership
Bought by
Young Charles and Young Shaunda
Source: Public Records

Range of Values:

Collateral Analytics

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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
Chavez Fernando $165,000 Attorney
Patel Mick S $140,000 Southern Guaranty Title Co
Thompson Brian Keith -- Old Town Title Of Pensacola
Thompson Brian Keith $154,000 Gulf Title Company
Young Charles $140,000 Baybridge Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Chavez Fernando $115,000
Previous Owner Patel Mick S $105,000
Previous Owner Thompson Brian Keith $105,000
Previous Owner Thompson Brian Keith $132,209
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2019 03/13/19 Sold $165,000 -6.0% --
02/15/2019 02/15/19 Price Changed $175,500 -3.8% --
01/15/2019 01/15/19 Price Changed $182,500 -1.4% --
10/29/2018 10/29/18 For Sale $185,000 -- --
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 $1,541 $1,307,256 $115,000 $1,192,256
2023 $1,541 $115,000 $115,000 $0
2022 $1,556 $115,000 $115,000 $0
2021 $1,608 $115,000 $0 $0
2020 $1,581 $115,000 $0 $0
2019 $1,581 $114,000 $0 $0
2018 $1,613 $114,000 $0 $0
2017 $1,648 $114,000 $0 $0
2016 $1,676 $114,000 $0 $0
2015 $1,701 $114,000 $0 $0
2014 $1,724 $114,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2019

    Omar Nagi

    Alliance Real Estate

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 544430

Pensacola Association of REALTORS®

APN: 01-1S-31-0100-000-240

Florida Escambia County Cantonment 32533

1601 W 9 & Half Mile Rd, Cantonment, FL

This home is located at 1601 W 9 & Half Mile Rd, Cantonment, FL 32533 since 29 October 2018 and is currently estimated at $1,059,125. 1601 W 9 & Half Mile Rd is a home located in Escambia County with nearby schools including Pine Meadow Elementary School, Beulah Middle School, and J.M. Tate Senior High School.

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