NOT LISTED FOR SALE

7533 Petersen Pt Rd Milton, FL 32570

Estimated Value: $735,321 - $836,000

6.43 Acres
$122,244 Price per Acre
279,960 Sq Ft Lot

Last Sold April 30, 2024

Last sale price $750,000

Est. 5% increase in value since last sale

Current estimated payment $4,542/month

1,736 Days on Market

About This Lot

As of April 2024

Experience breath taking Florida Sunsets on this majestic piece of waterfront property! Located on the mouth of Blackwater Bay, with over 350 feet of waterfront. This one of a kind property is a true family heirloom, dating back to 1876. Enter through the gate and down the paved driveway into a serene park like atmosphere. The entire property is cleared and has been meticulously maintained, with Beautiful Heritage Oaks, Magnolia trees, and Gorgeous Green Grass. Water access is available through out the property, and even at the shore line, Ready and available for a new dock. May include additional acreage not listed that was reclaimed due to dredging. Don't miss this very rare opportunity to own one of the most beautiful pieces of waterfront land in Santa Rosa County.

Last Agent to Sell the Property

Taria White

Levin Rinke Realty Listed on: 05/22/2019

Last Buyer's Agent

Levi Fortner

LPT Realty

LPT Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,525

Lot Details

  • 6.43 Acre Lot
  • Property Fronts a Bay or Harbor
  • Cleared Lot

Property Views

  • Bay Views

Schools

  • East Milton Elementary School
  • R. Hobbs Middle School
  • Milton High School

Community Details

  • No Home Owners Association
  • Association fees include water/sewer

Listing and Financial Details

  • Assessor Parcel Number 241N280000002000000

Property Details

Property Type

Land

Est. Annual Taxes

$3,525

Lot Details

0

Listing Details

  • Parcel Number: 241N280000002000000
  • Property Type: Land
  • Property Sub Type: Land/Acreage
  • Horses: No
  • Lot Size Acres: 6.427
  • Lot Size: 350x800
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: From Pensacola: I-10 E to Ward Basin Rd. Take exit 28 from I-10 E, Drive to Petersen Point Rd
  • Special Features: None

Exterior Features

  • Lot Features: Cleared
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay, Waterfront
  • Waterfront: Yes

Utilities

  • Electricity On Property: Yes
  • Utilities: Sewer Available, Electricity Connected, Phone Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Water/Sewer

Schools

  • Elementary School: East Milton
  • High School: Milton
  • Middle Or Junior School: R. Hobbs

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 279960.12
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Apr 30, 2024
Sold by
Dees Ralph Eugene and Dees Karen Edward
Bought by
Blackwater Ranch Estates Llc
Seller's Agent
Taria White
Levin Rinke Realty
Buyer's Agent
Levi Fortner
LPT Realty
List Price
$885,000
Sold Price
$750,000
Premium/Discount to List
-$135,000
-15.25%
Current Estimated Value
$785,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,661
Avg. Annual Appreciation
2.46%
Original Mortgage
$525,000
Outstanding Balance
$501,033
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$274,218

Purchase Details

Closed on
May 4, 2016
Sold by
Morgan Patricia A and Threlkeld Patricia A
Bought by
Labossiere Huston A

Purchase Details

Closed on
Mar 30, 2009
Sold by
Dees Ralph Eugene and Dees Ralph Eugene
Bought by
Dees Ralph Eugene and Dees Karen Edward

Purchase Details

Closed on
Mar 9, 2009
Sold by
Dees Ralph Eugene and Estate Of Bernice Louise Dees
Bought by
Dees Ralph Eugene and Dees Ralph Eugene
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
Blackwater Ranch Estates Llc $750,000 Emerald Coast Title
Labossiere Huston A $7,000 West Florida Title Co Of Mil
Dees Ralph Eugene -- None Available
Dees Ralph Eugene -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackwater Ranch Estates Llc $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $750,000 -15.3% --
02/22/2024 02/22/24 Pending -- -- --
05/22/2019 05/22/19 For Sale $885,000 -- --
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 $3,525 $460,300 $460,300 --
2023 $3,525 $379,100 $379,100 $0
2022 $2,849 $273,280 $273,280 $0
2021 $2,824 $273,280 $273,280 $0
2020 $2,264 $192,150 $0 $0
2019 $1,986 $161,490 $0 $0
2018 $2,020 $161,490 $0 $0
2017 $2,063 $161,490 $0 $0
2016 $2,105 $161,490 $0 $0
2015 $2,164 $161,490 $0 $0
2014 $2,203 $161,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 554543

Pensacola Association of REALTORS®

APN: 24-1N-28-0000-00200-0000