NOT LISTED FOR SALE

Estimated Value: $738,000 - $1,114,000

0.28 Acre
$3,353,150 Price per Acre
12,197 Sq Ft Lot

Last Sold August 31, 2013

Last sale price $85,000

Est. 1,005% increase in value since last sale

Current estimated payment $5,594/month

79 Days on Market

Highlights

  • Boat Dock
  • Boat Slip
  • Interior Lot
  • Beach
  • Wooded Lot

About This Lot

As of August 2013

WALK TO YOUR BOAT MOORED IN YOUR EXCLUSIVE BOAT SLIP IN JUST 2 MINUTES FROM YOUR LOVELY INTERIOR LOT WICH CONVEYS WITH EXCLUSIVE RIGHTS TO THE DEEP WATER BOAT SLIP ON THE BEAUTIFUL INTERCOASTAL WATERWAY. LOT HAS LOVELY OAKS AND ASSORTED TREES..ALL UTILITIES INCLUDING ELECTRIC,COUNTY/CITY SEWER AND WATER ARE PLUMBED TO THE FRONT OF THE LOT. THE SUBDIVISION IS LOCATED ON ONE OF THE HIGHEST PARTS OF INNERARITY POINT AND IS NOT IN A FLOOD ZONE (FLOOD ZONE X) SO HOME CONSTRUCTION COULD BE CONVENTIONAL AND WOULD NOT HAVE TO BE ON PILINGS UNLESS DESIRED.. THE LOT PRICE INCLUDES BOATSLIP AND USE OF A COMMON PIER AREA AND COVERED BOAT HOUSE FOR SITTING, ENJOYING THE COOL BREEZES OR FISHING. THIS IS A VERY UNIQUE SUBDIVISION IN THE INNERARITY AREA WITH THESE KIND OF AMMENITIES WHERE FOR THIS INCREDIBLE PRICE OF ONLY $89,900..NOT ONLY DO YOU GET A BEAUTIFUL PIECE OF PROPERTY TO BUILD YOUR DREAM HOME ON BUT YOU GET THE FULL ENJOYMENT OF THE INTRA-COASTAL WATERWAY INCLUDING HAVING YOUR OWN BOAT MOORED JUST A SHORT WALK INSIDE THE SUBDV. FROM YOUR LOT.............SEE PLAT OF SUBDIVISION AND THIS PROPERTIES LOCATION AND THE BOAT SLIP LOCATION (SLIP 13)IN THE PHOTOS SECTION OF THIS LISTING IN PDF FORMAT (BOTTOM 2 ATTACHMENTS)

Last Agent to Sell the Property

Lance Durrance

Coastal Paradise Real Estate, LLC Listed on: 05/18/2013

Last Buyer's Agent

Lance Durrance

Coastal Paradise Real Estate, LLC Listed on: 05/18/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,716

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions: 125
  • Property fronts a county road
  • Interior Lot
  • Wooded Lot

Schools

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

Utilities

  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 153S321002030001

Community Details

Overview

  • Oaks By The Sea Subdivision

Recreation

  • Boat Dock
  • Fishing Pier
  • Beach
  • Boat Slip
  • Docks
  • Dock Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$4,716

Lot Details

0

Listing Details

  • Parcel Number: 153S321002030001
  • Property Type: Land
  • Electric: Underground
  • Topography: High/Dry
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.28
  • Lot Size: 125 X 100
  • Road Frontage Type: County Road
  • Subdivision Name: Oaks By The Sea
  • Directions: INNERARITY PT RD APPROX 2.5 MILES ON LEFT; LOOK FOR OAKS BY THE SEA ENTRANCE SIGN
  • Special Features: None

Exterior Features

  • Lot Features: Wooded, Interior Lot, No Improvements
  • Waterfront Features: Beach Access
  • Waterfront: Yes
  • Exterior Features: Boat Slip, Dock, Dock With Utilities

Utilities

  • Sewer: Public Sewer
  • Electricity On Property: Yes
  • Utilities: Natural Gas Connected, Electricity Connected, Phone Connected, Cable Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Dock, Fishing

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: 12196.8
  • Zoning Description: Deed Restrictions,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2013
Closed on
Aug 23, 2013
Sold by
Webster Christopher W
Bought by
Gibson Blake Stephen and Gibson Cheryl Darlene
Seller's Agent
Lance Durrance
Coastal Paradise Real Estate, LLC
Buyer's Agent
Lance Durrance
Coastal Paradise Real Estate, LLC
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
$938,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$853,882
Avg. Annual Appreciation
22.29%
Original Mortgage
$68,050
Interest Rate
4.39%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Gibson Blake Stephen $85,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Blake Stephen $50,000
Open Gibson Blace Stephen $215,000
Closed Gibson Blake Stephen $215,000
Closed Gibson Blake Stephen $68,050
Previous Owner Webster Christopher W $117,136
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2013 08/31/13 Sold $85,000 -5.5% --
08/01/2013 08/01/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $89,900 -- --
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 $4,716 $398,017 -- --
2023 $4,716 $386,425 $0 $0
2022 $4,614 $375,170 $0 $0
2021 $4,618 $364,243 $0 $0
2020 $4,434 $355,472 $0 $0
2019 $4,363 $347,480 $0 $0
2018 $847 $59,375 $0 $0
2017 $866 $59,375 $0 $0
2016 $880 $59,375 $0 $0
2015 $892 $59,375 $0 $0
2014 $903 $59,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 444418

Pensacola Association of REALTORS®

APN: 15-3S-32-1002-030-001