NOT LISTED FOR SALE

605 N Spring St Pensacola, FL 32501

Estimated Value: $96,000 - $328,000

0.11 Acre
$2,128,727 Price per Acre
4,792 Sq Ft Lot

Last Sold April 25, 2013

Last sale price $45,650 $35 Per Sq Ft

Est. 413% increase in value since last sale

Current estimated payment $1,276/month

354 Days on Market

About This Lot

As of April 2013

Sadly this Quaint bungalow in the heart of Historic North Hill burned in August of this year. The lot is now offered for sale. The lot is wedged between some historic Victorian styled homes. It is our understanding a single-family residence similar in design to the previous improvements would be approved for construction on this site. However, Buyer and/or Buyer?s representative(s) should verify with the City of Pensacola and the North Hill preservation district. A tremendous property located within walking of parks, libraries, other points of interest and Downtown Pensacola at an incredible price under $50,000.

Last Agent to Sell the Property

G. Jeffrey White

Connell & Company Realty Inc. Listed on: 12/30/2012

Last Buyer's Agent

G. Jeffrey White

Connell & Company Realty Inc. Listed on: 12/30/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $596

Lot Details

  • 4,792 Sq Ft Lot
  • Interior Lot

Schools

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

Utilities

  • Natural Gas Connected
  • Gas Available
  • Cable TV Available

Community Details

  • Belmont Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000S009010011124

Property Details

Property Type

Land

Est. Annual Taxes

$596

Lot Details

0

Listing Details

  • Parcel Number: 000S009010011124
  • Property Type: Land
  • Number Of Lots: 1
  • Topography: High/Dry,Level
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.11
  • Lot Size: 47X100
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Belmont Tract
  • Directions: North or south on North Spring property on west side of Sping Street between W. Gadsden & W. Jackson.
  • Special Features: None

Exterior Features

  • Lot Features: Central Access, Interior Lot
  • Waterfront Features: No Waterfront
  • Waterfront: No

Utilities

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

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: 4791.6
  • Additional Parcels: No
  • Zoning Description: Historical
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Payne Brian C and Payne Meghan B
Bought by
Payne Family Revocable Trust and Payne
Current Estimated Value
$234,160

Purchase Details

Closed on
Jan 12, 2023
Sold by
Vickery Larry E and Vickery Ellen W
Bought by
Payne Brian and Payne Meghan

Purchase Details

Listed on
Dec 30, 2012
Closed on
Apr 25, 2013
Sold by
Hammond Penelope I and Hammond Penelope
Bought by
Vickery Larry E and Vickery Ellen W
Seller's Agent
G. Jeffrey White
Connell & Company Realty Inc.
Buyer's Agent
G. Jeffrey White
Connell & Company Realty Inc.
List Price
$49,900
Sold Price
$45,650
Premium/Discount to List
-$4,250
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.95%

Purchase Details

Closed on
Jan 3, 2011
Sold by
Hammond Penelope I
Bought by
Hammond Timothy J

Purchase Details

Closed on
Sep 10, 2001
Sold by
Buffa Robert J
Bought by
Hammond Timothy J and Hammond Penelope I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.97%
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
Payne Family Revocable Trust $100 None Listed On Document
Payne Family Revocable Trust $100 None Listed On Document
Payne Brian $233,000 Allure Title
Vickery Larry E $45,650 Attorney
Hammond Timothy J -- None Available
Hammond Timothy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammond Timothy J $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2013 04/25/13 Sold $45,650 -8.5% $35 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
04/20/2012 04/20/12 For Sale $49,900 -- $39 / 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 $596 $51,700 $51,700 --
2023 $596 $34,342 $0 $0
2022 $564 $37,600 $37,600 $0
2021 $547 $37,600 $0 $0
2020 $486 $32,900 $0 $0
2019 $464 $32,900 $0 $0
2018 $449 $32,900 $0 $0
2017 $437 $32,900 $0 $0
2016 $320 $17,625 $0 $0
2015 $325 $17,625 $0 $0
2014 $397 $17,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 436792

Pensacola Association of REALTORS®

APN: 00-0S-00-9010-180-025