NOT LISTED FOR SALE

556 E Romana St Pensacola, FL 32502

Estimated Value: $1,813,000 - $2,110,000

0.13 Acre
$15,117,832 Price per Acre
5,545 Sq Ft Lot

Last Sold December 27, 2019

Last sale price $240,000

Est. 702% increase in value since last sale

Current estimated payment $10,345/month

260 Days on Market

Highlights

  • Gazebo
  • Community Playground
  • 4-minute walk to Admiral Mason Park
  • Interior Lot

About This Lot

As of December 2019

Enjoy downtown living in one of the most desired neighborhoods in Pensacola. The Aragon community built on 21 acres is an amazing collection of beautiful architecturally designed homes from cottages, town homes, row houses, side yard houses and park houses with all benefits of newer construction. This well planned subdivision is a short walk to the Palafox Street in the heart of the downtown area with shops, restaurants, entertainment, YMCA, coffee shops, nearby sporting events and much more! The neighborhood has it’s own playground and the Admiral Mason Park with amazing views of Pensacola Bay is just across from Aragon. In addition to the close proximity to downtown Aragon is near the 110 Interstate for fast access to the airport and our famous white sandy beaches a short drive away. There are very few lots still available here and this lot is one of the last ones located in the heart of Aragon on the coveted private Crescent Park on Romana where only 16 home sites are located - Park Houses are built here. These homes are among the most expensive and lots larger than the others in Aragon — these are the showcase homes here. The street behind provides back entrance access to the garages to these homes. This lot is level and 125’ deep with 39’ in front yard and 48.7 in rear yard. Many of the homes here have courtyards between the main house and garage/guest house. The decorative historic street lights, benches, street signs and the large metal decorative entrance gate at 9th Ave all add to the charm and continuity of this unique community. Aragon is a restricted subdivision to protect the historic feel and property values. Aragon is poised to continue to be a highly desired place to call home as the downtown area continues to develop with more points of interest. Make this special address home while the opportunity to purchase a lot to create your dream home is still available. For more information go to aragonhoa.org

Last Agent to Sell the Property

Keith Harrod

Levin Rinke Realty Listed on: 03/11/2019

Levin Rinke Realty

Last Buyer's Agent

Eric Milstead

Florida's Top Properties, LLC

Property Details

Property Type

  • Land

Lot Details

  • 5,545 Sq Ft Lot
  • Lot Dimensions: 39.16
  • Interior Lot
  • Level Lot

Schools

  • Global Learning Academy Elementary School
  • Workman Middle School
  • Pensacola High School

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 000S009017060010

Community Details

Overview

  • Property has a Home Owners Association
  • Aragon Subdivision

Recreation

  • Community Playground
  • Gazebo

Property Details

Property Type

Land

Lot Details

5,545 Sq Ft Lot

Listing Details

  • Parcel Number: 000S009017060010
  • Property Type: Land
  • Electric: Underground
  • Topography: Level
  • Property Sub Type: Land/Acreage
  • Horses: No
  • Lot Size Acres: 0.1273
  • Lot Size: 39.16 x 125 x 48.72 x 125
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Aragon
  • Directions: South on 9th Ave. to West on Romana St. - lot is on the north side on Romana and on the west side of the Circle area.
  • Special Features: None

Exterior Features

  • Lot Features: Interior Lot, Curb/Gutter, Sidewalk

Utilities

  • Utilities: Natural Gas Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pavilion/Gazebo, Playground
  • Association: Yes

Fee Information

  • Association Fee Includes: Association

Schools

  • Elementary School: Global Learning Academy
  • High School: Pensacola
  • Middle Or Junior School: Workman

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 5545.188
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2019
Closed on
Dec 27, 2019
Sold by
Jackson Ronald E and Jackson Margaret H
Bought by
Lewis Eric Street and Lewis Elisa Norman
Seller's Agent
Keith Harrod
Levin Rinke Realty
Buyer's Agent
Eric Milstead
Florida's Top Properties, LLC
List Price
$265,000
Sold Price
$240,000
Premium/Discount to List
-$25,000
-9.43%
Current Estimated Value
$1,924,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,684,500
Avg. Annual Appreciation
39.75%
Original Mortgage
$236,000
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 31, 2011
Closed on
Jun 25, 2012
Sold by
Booth Rainey C
Bought by
Jackson Ronald E and Jackson Margaret H
Seller's Agent
Scott Jennings
Olde City Realty LLC
Buyer's Agent
GEORGE PEADEN
KELLER WILLIAMS REALTY GULF COAST
List Price
$149,000
Sold Price
$98,000
Premium/Discount to List
-$51,000
-34.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.67%

Purchase Details

Listed on
Mar 31, 2011
Closed on
Jun 19, 2012
Sold by
Revoca Booth Elizabeth Leonard and Revoca Elizabeth Leonard Booth
Bought by
Booth Rainey C
Seller's Agent
Scott Jennings
Olde City Realty LLC
Buyer's Agent
GEORGE PEADEN
KELLER WILLIAMS REALTY GULF COAST
List Price
$149,000
Sold Price
$98,000
Premium/Discount to List
-$51,000
-34.23%

Purchase Details

Closed on
Nov 21, 2005
Sold by
Booth Rainey C
Bought by
Revoca Booth Elizabeth Leonard and Revoca Elizabeth Leonard Booth

Purchase Details

Closed on
Nov 10, 2003
Sold by
Shields Vivian S and Shields Justin L
Bought by
Booth Rainey C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,450
Interest Rate
5.75%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lewis Eric Street $240,000 Attorney
Jackson Ronald E $98,000 None Available
Booth Rainey C -- None Available
Revoca Booth Elizabeth Leonard -- None Available
Booth Rainey C $70,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lewis Eric Street $236,000
Previous Owner Booth Rainey C $63,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2019 12/27/19 Sold $240,000 -9.4% --
03/11/2019 03/11/19 For Sale $265,000 +170.4% --
06/25/2012 06/25/12 Sold $98,000 -34.2% -- View Prior Sale
06/11/2012 06/11/12 Pending -- -- --
03/31/2011 03/31/11 For Sale $149,000 -- --
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 $3,969 $1,313,779 $240,000 $1,073,779
2024 $3,808 $240,000 $240,000 --
2023 $3,808 $223,850 $0 $0
2022 $3,600 $230,000 $230,000 $0
2021 $3,229 $185,000 $0 $0
2020 $3,186 $185,000 $0 $0
2019 $2,591 $180,000 $0 $0
2018 $2,474 $175,000 $0 $0
2017 $2,138 $135,000 $0 $0
2016 $1,818 $100,000 $0 $0
2015 $1,842 $100,000 $0 $0
2014 $1,789 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 550330

Pensacola Association of REALTORS®

APN: 00-0S-00-9017-060-010

Your Personal Tour Guide

Ask me questions while you tour the home.