Seller's Agent in 2025
Kenneth Payne
RE/MAX
(850) 380-2777
7 in this area
120 Total Sales
16159 Tarpon Dr Pensacola, FL 32507
Southwest Pensacola NeighborhoodEstimated Value: $404,000 - $434,000
0.26
Acre
$1,582,796
Price per Acre
11,513
Sq Ft Lot
About This Lot
As of May 2025Own 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.
Property Details
Property Type
- Land
Lot Details
- 11,513 Sq Ft Lot
- Lot Dimensions are 80 x 143
- 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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,667
Avg. Annual Appreciation
-0.41%
Original Mortgage
$270,000
Outstanding Balance
$266,780
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$151,553
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
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Seymour Chris | $420,000 | None Listed On Document | |
| Seymour Chris | $420,000 | None Listed On Document | |
| Sweat Robert H | $325,000 | Emmanuel Sheppard & Condon Pa | |
| Powell Terry J | $252,500 | Attorney | |
| Conwell James A | $369,000 | Southland Acquire Land Title | |
| Martin Terence K | $326,900 | Southland Acquire Land Title | |
| Martin T Todd | $219,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Seymour Chris | $270,000 | |
| Closed | Seymour Chris | $270,000 | |
| Previous Owner | Powell Terry J | $189,375 | |
| Previous Owner | Conwell James A | $313,650 | |
| Previous Owner | Martin T Todd | $200,000 |
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
| 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 | $3,943 | $330,000 | $330,000 | -- |
| 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
-
Kenneth Payne
-
Melody Webb
Buyer's Agent in 2025
Melody Webb
Haus Realty & Management LLC
(850) 824-4401
3 in this area
32 Total Sales
-
Jayne Ward
Seller's Agent in 2022
Jayne Ward
Jayne Ward Realty, LLC
(850) 261-6000
25 in this area
60 Total Sales
-
Sally Grace
Seller's Agent in 2020
Sally Grace
REAL ESTATE COUNSELORS
(850) 292-8458
4 in this area
35 Total Sales
Map
Source: Pensacola Association of REALTORS®
MLS Number: 657646
APN: 15-3S-32-3000-440-008
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