NOT LISTED FOR SALE

Estimated Value: $114,000 - $616,000

0.31 Acre
$1,048,836 Price per Acre
13,290 Sq Ft Lot

Last Sold April 14, 2022

Last sale price $150,000

Est. 113% increase in value since last sale

Current estimated payment $1,860/month

48 Days on Market

Highlights

  • Bay View
  • Waterfront
  • Level Lot

About This Lot

As of April 2022

Build your DREAM HOME HERE - One of the BEST LOCATIONS on Innerarity Island! With beautiful views of Perdido Bay, Intracoastal Waterway and the Alabama coast, you will enjoy the COASTAL LIFESTYLE at a fraction of the cost of WATERFRONT LIVING. The community is GATED for ultimate privacy and truly a one of a kind setting on our GULF COAST! Don't miss your opportunity to own your OWN PIECE OF PARADISE!

Last Agent to Sell the Property

Anabella Owens

POINTE SOUTH Listed on: 02/03/2022

POINTE SOUTH

Last Buyer's Agent

Lori Copelan

EXP Realty, LLC

EXP Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,387

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions: 80.44
  • Waterfront
  • Sawgrass
  • Level Lot

Property Views

  • Bay Views

Schools

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

Utilities

  • Water Tap or Transfer Fee
  • Sewer Tap Fee

Community Details

  • Property has a Home Owners Association
  • Innerarity Island Subdivision

Listing and Financial Details

  • Assessor Parcel Number 153S322001013008

Property Details

Property Type

Land

Est. Annual Taxes

$1,387

Lot Details

0

Listing Details

  • Parcel Number: 153S322001013008
  • Property Type: Land
  • Topography: Level
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.3051
  • Lot Size: 80.44 x 178.34 x 80 x 169.93
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Innerarity Island
  • Directions: Head north toward Innerarity Point Rd. Turn left onto Innerarity Point Rd. and follow Innerarity Point Rd. for 4.2 miles. Turn left onto N Shore Rd. and property will be on your right.
  • Special Features: None

Exterior Features

  • Lot Features: No Improvements
  • View: Bay
  • View: Yes
  • Waterfront Features: Sawgrass, Natural
  • Waterfront: Yes

Utilities

  • Sewer: Tap Fee Due
  • Water Source: Tap Fee Due

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Association

Schools

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

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 13290.156
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Gray Jerri
Bought by
Gray Jerri and Gray Richard
Current Estimated Value
$320,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$818,292
Outstanding Balance
$795,663
Interest Rate
6.42%
Mortgage Type
Construction
Estimated Equity
-$475,663

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 12, 2021
Sold by
Syeda Laraib
Bought by
Grey Contracting Of Greenville Llc
Seller's Agent
Meg Vogt
2 PARADISE REALTY
Buyer's Agent
Susan Carleton
POINTE SOUTH
List Price
$65,000
Sold Price
$65,140
Premium/Discount to List
$140
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.06%

Purchase Details

Closed on
Aug 5, 2014
Sold by
County Of Escambia
Bought by
Laraib

Purchase Details

Closed on
Apr 15, 2005
Sold by
Gilligan Gretchen
Bought by
R & R Investment Opportunities Llc

Purchase Details

Closed on
Mar 25, 2004
Sold by
Innerarity Island Development Corp
Bought by
Gilligan Gretchen
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
Gray Jerri $100 None Listed On Document
Grey Contracting Of Greenville Llc $65,200 First International Ttl Inc
Laraib $9,300 None Available
R & R Investment Opportunities Llc $125,000 H & S Title & Escrow Inc
Gilligan Gretchen $104,800 Southland Acquire Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Jerri $100,000
Open Gray Jerri $818,292
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $150,000 -38.8% --
03/16/2022 03/16/22 Price Changed $245,000 +89.9% --
02/02/2022 02/02/22 For Sale $129,000 +98.0% --
04/12/2021 04/12/21 Sold $65,140 +0.2% --
03/14/2021 03/14/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $65,000 -- --
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 $1,387 $75,000 $75,000 --
2023 $1,387 $75,000 $75,000 $0
2022 $1,062 $50,000 $50,000 $0
2021 $966 $42,000 $0 $0
2020 $459 $35,000 $0 $0
2019 $491 $28,000 $0 $0
2018 $499 $28,000 $0 $0
2017 $508 $28,000 $0 $0
2016 $515 $28,000 $0 $0
2015 $621 $35,000 $0 $0
2014 $627 $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 603220

Pensacola Association of REALTORS®

APN: 15-3S-32-2001-013-008