NOT LISTED FOR SALE

3221 Montecito Blvd Milton, FL 32583

Estimated Value: $359,000

12 Beds
6 Baths
3,900 Sq Ft
$92/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $300,000 $77 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,991/month

43 Days on Market

Highlights

  • Interior Lot
  • Heating System Mounted To A Wall or Window
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2021

Just hitting the market, property for sale at 3221 Montecito Boulevard, Milton, FL 32583 7 Block units ready for your personal touch to make it rent ready and enjoy high return and instant equity. Centrally located with an easy commute to Milton, Pace, and Pensacola. All units are separately electric metered. Some needs work and upgrades unit are vacant on a lockbox The sale is not coming with the whole Lot only lots number 6-17

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida, LLC Listed on: 07/05/2021

Last Buyer's Agent

Outside Area Selling Agent

PAR Outside Area Listing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1961

Lot Details

  • Interior Lot

Home Design

  • Wood Roof
  • Block Exterior

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property

Schools

  • Bennett C Russell Elementary School
  • Avalon Middle School
  • Milton High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • 7 Units
  • Avalon Beach Subdivision

Listing and Financial Details

  • Tenant pays for electricity, water/sewer
  • Assessor Parcel Number 401N280090715000010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$931

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 401N280090715000010
  • Property Type: Residential Income
  • Year Built: 1961
  • Electric: Circuit Breakers
  • Property Sub Type: Other
  • Horses: No
  • Subdivision Name: Avalon Beach
  • Directions: Turn right onto FL-281 N/Avalon Blvd Turn left onto Del Monte St Turn right onto N 14th Ave Continue onto Montecito Blvd
  • Building Name: None
  • Unit Levels: One
  • New Construction: No
  • Special Features: None

Exterior Features

  • Roof: Wood
  • Lot Features: Interior Lot
  • Pool Features: None
  • Construction Type: Block
  • Property Condition: Resale

Utilities

  • Heating: Wall/Window Unit(s)
  • Cooling: Wall/Window Unit(s)
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Bennett C Russell
  • High School: Milton
  • Middle Or Junior School: Avalon

Lot Info

  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water/Sewer

Multi Family

  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Sep 30, 2021
Sold by
K & D Capital Group Llc
Bought by
Estate Of Mine Investors Llc
Seller's Agent
Steven Koleno
Beycome of Florida, LLC
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,000
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Jul 2, 2021
Sold by
Zlc Properties Llc
Bought by
K & D Capital Group Llc

Purchase Details

Closed on
Aug 21, 2008
Sold by
Cotton David R and Cotton Kathy B
Bought by
Zlc Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 2002
Sold by
Wiginton Norman Alvis and Wiginton Mary Ann
Bought by
Cotton David R and Cotton Kathy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.52%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Estate Of Mine Investors Llc $300,000 Title America Re Closings
K & D Capital Group Llc $210,000 Title America Real Closing I
Zlc Properties Llc $93,000 Attorney
Cotton David R $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zlc Properties Llc $150,000
Previous Owner Cotton David R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $300,000 -2.9% $77 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/20/2021 07/20/21 Price Changed $309,000 -3.4% $79 / Sq Ft
07/05/2021 07/05/21 For Sale $320,000 -- $82 / 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
2024 $931 $98,000 $98,000 --
2023 $931 $68,600 $68,600 $0
2022 $939 $68,600 $68,600 $0
2021 $471 $171,971 $37,200 $134,771
2020 $1,568 $110,787 $0 $0
2019 $1,428 $100,412 $0 $0
2018 $1,436 $99,523 $0 $0
2017 $1,359 $92,389 $0 $0
2016 $1,362 $90,942 $0 $0
2015 $1,261 $94,542 $0 $0
2014 $1,488 $95,514 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Koleno

    Seller's Agent in 2021

    Steven Koleno

    Beycome of Florida, LLC

    (312) 300-6768

    17 in this area

    11,489 Total Sales

    Steven Koleno
    Section Image

  • O

    Buyer's Agent in 2021

    Outside Area Selling Agent

    PAR Outside Area Listing Office

See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 592672

Pensacola Association of REALTORS®

APN: 40-1N-28-0090-71500-0010

Florida Santa Rosa County Milton 32583

3221 Montecito Blvd, Milton, FL

This home is located at 3221 Montecito Blvd, Milton, FL 32583 since 05 July 2021 and is currently estimated at $359,000, approximately $92 per square foot. This property was built in 1961. 3221 Montecito Blvd is a home located in Santa Rosa County with nearby schools including Bennett C. Russell Elementary School, Avalon Middle School, and Milton High School.

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