NOT LISTED FOR SALE

1909 E Cervantes St Pensacola, FL 32501

Estimated Value: $395,000 - $479,000

0.24 Acre
$1,773,744 Price per Acre
10,598 Sq Ft Lot

Last Sold June 26, 2023

Last sale price $160,000 $209 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,504/month

48 Days on Market

About This Lot

As of June 2023

RARE INVESTMENT OPPORTUNITY in the heart of EAST HILL! This LARGE, almost a quarter acre of CLEARED land is within walking distance to restaurants and parks. Minutes from downtown and the sugary-white sands of Pensacola Beach. Peek through across the street to water views that border Bayview Park. With this oversized property, the home design possibilities are endless. Check it out today before this investment opportunity is gone. More photos coming soon!

Last Agent to Sell the Property

Travis Mattair

Innerscope Realty Listed on: 02/24/2023

Last Buyer's Agent

Holly Baker

DANLEY REALTY, INC.

Property Details

Property Type

  • Land

Lot Details

  • 10,598 Sq Ft Lot
  • Lot Dimensions: 5

Property Views

  • Views of a Sound

Schools

  • Suter Elementary School
  • Workman Middle School
  • Pensacola High School

Community Details

  • No Home Owners Association
  • New City Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009025050097

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Parcel Number: 000S009025050097
  • Property Type: Land
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.2433
  • Lot Size: 80x132.5
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: New City Tract
  • Directions: Head east on E Cervantes Street, Lot will be on the right before the Bayou bridge.
  • Special Features: None

Exterior Features

  • Lot Features: Central Access
  • View: Sound
  • View: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Suter
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 10598.148
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Apr 22, 2022
Sold by
Donegan Properties Of Nw Fl Llc
Bought by
Gulf States Property Investors Llc
Seller's Agent
Andrew Bravomalo
Better Homes And Gardens Real Estate Main Street Properties
Buyer's Agent
Andrew Bravomalo
Better Homes And Gardens Real Estate Main Street Properties
List Price
$98,900
Sold Price
$98,900
Current Estimated Value
$431,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,652
Avg. Annual Appreciation
48.59%

Purchase Details

Listed on
Jul 31, 2019
Closed on
Aug 11, 2020
Sold by
Overdyke Frank Ryan and Overdyke Nancilee
Bought by
Donegan Properties Of Nw Fl Llc
Seller's Agent
Erik Hansen
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Erik Hansen
KELLER WILLIAMS REALTY GULF COAST
List Price
$175,000
Sold Price
$85,000
Premium/Discount to List
-$90,000
-51.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%

Purchase Details

Closed on
Apr 29, 2020
Sold by
Overdyke Frank Ryan and Overdyke Nancilee Esther
Bought by
Rollins James W and Rollins Violet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2014
Sold by
Overdyke Frank and Overdyke Frances
Bought by
Overdyke Frank Ryan

Purchase Details

Closed on
Sep 11, 2013
Sold by
Fannie Mae
Bought by
Overdyke Frank and Overdyke Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2012
Sold by
Wells Fargo Bank Na
Bought by
Fannie Mae
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
Gulf States Property Investors Llc $98,900 --
Donegan Properties Of Nw Fl Llc $85,000 Surety Land Title Of Fl Llc
Rollins James W $290,000 Surety Land Title Of Fl Llc
Overdyke Frank Ryan -- None Available
Overdyke Frank $134,000 Stewart Title Company
Fannie Mae -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rollins James W $140,000
Previous Owner Overdyke Frank $120,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2023 06/26/23 Sold $160,000 -5.8% $209 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/09/2023 03/09/23 Price Changed $169,900 -5.6% $222 / Sq Ft
02/24/2023 02/24/23 For Sale $179,900 +81.9% $235 / Sq Ft
04/22/2022 04/22/22 Sold $98,900 0.0% $129 / Sq Ft View Prior Sale
04/07/2022 04/07/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $98,900 +16.4% $129 / Sq Ft
08/11/2020 08/11/20 Sold $85,000 0.0% $111 / Sq Ft View Prior Sale
02/10/2020 02/10/20 Off Market $85,000 -- --
02/05/2020 02/05/20 Price Changed $125,000 -16.7% $163 / Sq Ft
10/02/2019 10/02/19 Price Changed $150,000 -3.2% $196 / Sq Ft
08/27/2019 08/27/19 Price Changed $155,000 -8.8% $203 / Sq Ft
08/05/2019 08/05/19 Price Changed $170,000 -2.9% $222 / Sq Ft
07/31/2019 07/31/19 For Sale $175,000 -- $229 / Sq Ft
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 $3,005 $223,372 -- --
2024 $2,920 $217,077 -- --
2023 $2,920 $210,755 $0 $0
2022 $2,841 $204,617 $0 $0
2021 $2,812 $198,658 $0 $0
2020 $2,433 $178,428 $0 $0
2019 $2,381 $174,417 $0 $0
2018 $2,366 $171,165 $0 $0
2017 $2,348 $167,645 $0 $0
2016 $2,320 $164,197 $0 $0
2015 $2,332 $163,056 $0 $0
2014 $3,038 $159,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 622966

Pensacola Association of REALTORS®

APN: 00-0S-00-9025-040-097