NOT LISTED FOR SALE

2801 Velor Rd Mc David, FL 32568

Estimated Value: $583,242

72.98 Acres
$7,992 Price per Acre
3,179,009 Sq Ft Lot

Last Sold April 17, 2015

Last sale price $260,000

Est. 124% increase in value since last sale

Current estimated payment $3,025/month

80 Days on Market

Highlights

  • Barn
  • 72.98 Acre Lot
  • No HOA
  • Horses Allowed On Property
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of April 2015

LOCATED AT END OF VELOR RD THIS TRACT CONTAINS 48 ACRES CURRENTLY UNDER LEASE FOR ROW CROPS. THE OTHER 25 ACRES IS IN 11 YEAR OLD PLANTED PINES. THIS PROPERTY HAS VALUE AS TILLABLE FARMLAND AND IN MUCH DEMAND RECREATIONAL LAND SURROUNDED BY HEAVILY WOODED TIMBER WITH PLENTIFUL DEER AND TURKEY POPULATION... PROPERTY HAS SEVERAL PLOTS AVAILABLE.

Last Agent to Sell the Property

Johnny Russell

Johnny Lamar Russell Listed on: 12/21/2014

Last Buyer's Agent

Johnny Russell

Johnny Lamar Russell Listed on: 12/21/2014

Property Details

Property Type

  • Land

Lot Details

  • 72.98 Acre Lot
  • Property fronts a county road
  • Cul-De-Sac
  • Fenced
  • Cleared Lot
  • Wooded Lot

Schools

  • Bratt Elementary School
  • Ernest Ward Middle School
  • Northview High School

Farming

  • Barn
  • Agricultural

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • 220 Volts
  • Propane
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 114N3213020000002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Utility Building

Property Details

Property Type

Land

Lot Details

72.98 Acres

Listing Details

  • Parcel Number: 114N3213020000002
  • Property Type: Farm
  • Electric: 220 Volts
  • Topography: High/Dry,Level
  • Property Sub Type: Farm/Ranch
  • Horses: Yes
  • Lot Size Acres: 72.98
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: HWY 29 N TO HWY 164, TURN WEST ON VELOR RD, CONTINUE TO END OF VELOR RD. PROPERTY BEGINS AT DOUBLE GATE NEXT TO CATTLE PENS AND HAY BARN
  • Special Features: None

Exterior Features

  • Fencing: Fenced, Fenced Pasture
  • Lot Features: Wooded, Cul-De-Sac, Cleared
  • Waterfront Features: No Waterfront, No Waterfront Features
  • Waterfront: No
  • Other Structures: Barn(s), Utility Building

Utilities

  • Sewer: Septic Tank
  • Electricity On Property: Yes
  • Utilities: Propane, Electricity Connected, Internet, Phone Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Bratt
  • High School: Northview
  • Middle Or Junior School: Ernest Ward

Lot Info

  • Current Use: Agricultural, See Remarks
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 3179008.8
  • Zoning Description: Agricultural,County,Horses Allowed,Mobile Homes,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2014
Closed on
Apr 16, 2015
Sold by
Hall Anne B
Bought by
Cheney Frank A
Seller's Agent
Johnny Russell
Johnny Lamar Russell
Buyer's Agent
Johnny Russell
Johnny Lamar Russell
List Price
$312,000
Sold Price
$260,000
Premium/Discount to List
-$52,000
-16.67%
Current Estimated Value
$583,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,242
Avg. Annual Appreciation
7.74%
Original Mortgage
$190,000
Outstanding Balance
$145,532
Interest Rate
3.84%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$437,710

Purchase Details

Closed on
Oct 15, 2004
Sold by
Key Glynn C and Glynn C Key Jr Trust
Bought by
County Of Escambia

Purchase Details

Closed on
Oct 20, 2000
Sold by
Key Glynn C and Key Ann Cile H
Bought by
Key Glynn C

Purchase Details

Closed on
Nov 10, 1999
Sold by
Key Glynn C and Key Ann Cile H
Bought by
Escambia Cty
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Cheney Frank A $260,000 Surety Land Title Of Fl Llc
County Of Escambia -- --
Key Glynn C -- --
Escambia Cty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheney Frank A $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $260,000 -16.7% --
01/19/2015 01/19/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $312,000 -- --
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 $251 $16,203 -- --
2024 $257 $18,103 -- --
2023 $257 $18,103 $0 $0
2022 $256 $17,799 $0 $0
2021 $264 $17,799 $0 $0
2020 $260 $17,799 $0 $0
2019 $262 $17,799 $0 $0
2018 $243 $16,084 $0 $0
2017 $248 $16,084 $0 $0
2016 $275 $17,708 $14,203 $3,505
2015 $259 $16,503 $12,998 $3,505
2014 $400 $20,123 $15,473 $4,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 473832

Pensacola Association of REALTORS®

APN: 11-4N-32-1302-000-002

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