$420,000
SOLD MAY 24, 2025
0.26 Acre
$1,589,103 Price per Acre
11,513 Sq Ft Lot

Recently Sold

3% Below List Price

87 Days on Market

About This Lot

As of May 2025

Own a slice of paradise with this beautiful waterfront lot on the Intracoastal Waterway in the gated island community of Russell Bayou where you will enjoy gorgeous water views, sunrises and sunsets! Russell Bayou offers an Old Florida Lifestyle feel with amenities such as swimming pool, tennis court, underground utilities, nature trail, bent oaks and mature natural foliage perfectly placed amongst a very peaceful and serene island community of higher end homes. The lot is perfectly placed near the end of a cul-de-sac with very little traffic! Located just north of Perdido Key a few minutes to the gulf by boat. This is a special opportunity to own one of the best lots in Russell Bayou. The lot is generally cleared and ready to build a home with no hindering wetlands. Make sure to drive by the community pool at 16293 Narwhal Drive. The Pool is on a waterfront lot and has a pool and pool house overlooking the bayou at the end of the cul-de-sac.

Last Agent to Sell the Property

Kenneth Payne

RE/MAX HORIZONS REALTY Listed on: 01/15/2025

Last Buyer's Agent

Melody Webb

Haus Realty & Management LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions: 80
  • Waterfront

Schools

  • Hellen Caro Elementary School
  • Bailey Middle School
  • Escambia High School

Community Details

  • Property has a Home Owners Association
  • Russell Bayou Subdivision

Listing and Financial Details

  • Assessor Parcel Number 153S323000440008

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Parcel Number: 153S323000440008
  • Property Type: Land
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.2643
  • Lot Size: 80 x 143
  • Subdivision Name: Russell Bayou
  • Directions: Innerarity Pt Rd to left on Boca Ciega left on Narwhal, right on Tarpon Drive
  • Special Features: VirtualTour

Exterior Features

  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: Hellen Caro
  • High School: Escambia
  • Middle Or Junior School: BAILEY

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 11512.908
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
May 20, 2025
Sold by
Sweat Robert H and Sweat Sherri F
Bought by
Seymour Chris and Seymour Angela
Seller's Agent
Kenneth Payne
RE/MAX HORIZONS REALTY
Buyer's Agent
Melody Webb
Haus Realty & Management LLC
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Views
44
Current Estimated Value
$424,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,715
Avg. Annual Appreciation
1.91%
Original Mortgage
$270,000
Outstanding Balance
$266,780
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$157,935

Purchase Details

Listed on
Aug 16, 2021
Closed on
Mar 15, 2022
Sold by
Powell Terry J and Powell Pamela D
Bought by
Sweat Robert H and Sweat Sherri F
Seller's Agent
Jayne Ward
Jayne Ward Realty, LLC
Buyer's Agent
Kenneth Payne
RE/MAX HORIZONS REALTY
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 29, 2020
Sold by
Conwell James A and Conwell Megan M
Bought by
Powell Terry J and Powell Pamela D
Seller's Agent
Sally Grace
REAL ESTATE COUNSELORS
Buyer's Agent
Jayne Ward
Jayne Ward Realty, LLC
List Price
$299,000
Sold Price
$252,500
Premium/Discount to List
-$46,500
-15.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%
Original Mortgage
$189,375
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Martin Terence K
Bought by
Conwell James A and Conwell Megan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,650
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Russell Bayou Corp
Bought by
Martin T Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $420,000 None Listed On Document
Warranty Deed $420,000 None Listed On Document
Warranty Deed $325,000 Emmanuel Sheppard & Condon Pa
Warranty Deed $252,500 Attorney
Warranty Deed $369,000 Southland Acquire Land Title
Interfamily Deed Transfer $326,900 Southland Acquire Land Title
Warranty Deed $219,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Closed $270,000 New Conventional
Previous Owner $189,375 New Conventional
Previous Owner $313,650 Purchase Money Mortgage
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2025 05/24/25 Sold $420,000 -3.4% --
01/15/2025 01/15/25 For Sale $435,000 +33.8% --
03/15/2022 03/15/22 Sold $325,000 0.0% -- View Prior Sale
03/01/2022 03/01/22 Pending -- -- --
10/15/2021 10/15/21 Price Changed $325,000 -7.1% --
09/07/2021 09/07/21 Price Changed $350,000 -6.7% --
08/15/2021 08/15/21 For Sale $375,000 +48.5% --
07/29/2020 07/29/20 Sold $252,500 0.0% -- View Prior Sale
11/17/2019 11/17/19 Off Market $252,500 -- --
11/15/2018 11/15/18 Price Changed $279,000 -6.7% --
12/05/2017 12/05/17 For Sale $299,000 +18.4% --
11/17/2017 11/17/17 Off Market $252,500 -- --
05/16/2016 05/16/16 For Sale $285,000 -- --
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 $4,030 $265,000 $265,000 --
2023 $4,030 $265,000 $265,000 $0
2022 $3,302 $215,000 $215,000 $0
2021 $3,123 $185,000 $0 $0
2020 $2,182 $185,000 $0 $0
2019 $2,077 $165,000 $0 $0
2018 $2,035 $165,000 $0 $0
2017 $1,939 $155,000 $0 $0
2016 $1,491 $95,000 $0 $0
2015 $1,890 $120,650 $0 $0
2014 $1,914 $120,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 657646

Pensacola Association of REALTORS®

APN: 15-3S-32-3000-440-008