NOT LISTED FOR SALE

7837 Petersen Point Rd Milton, FL 32583

Estimated Value: $229,000 - $657,000

0.57 Acre
$792,504 Price per Acre
24,829 Sq Ft Lot

Last Sold April 28, 2021

Last sale price $170,000

Est. 166% increase in value since last sale

Current estimated payment $2,624/month

74 Days on Market

About This Lot

As of April 2021

Imagine watching the sun set over Blackwater Bay from your slice of paradise! Beautiful waterfront lot on over 1/2 acre in the desirable Petersen Point subdivision. Absolutely gorgeous views from this lot with over 95' of beachfront. Petersen Point is a Private, deed restricted waterfront community with beautiful homes. If you are looking for the perfect place to build your dream home, this is the lot for you!

Last Agent to Sell the Property

LAURA BRADLEY

Service Matters Realty, Inc. Listed on: 01/23/2021

Last Buyer's Agent

LAURA BRADLEY

Service Matters Realty, Inc. Listed on: 01/23/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,552

Lot Details

  • 0.57 Acre Lot
  • Property Fronts a Bay or Harbor

Property Views

  • Bay Views

Schools

  • East Milton Elementary School
  • King Middle School
  • Milton High School

Utilities

  • Natural Gas Connected
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 241N283077002000110

Community Details

Overview

  • Property has a Home Owners Association
  • Petersen Point Subdivision

Recreation

  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$1,552

Lot Details

0

Listing Details

  • Parcel Number: 241N283077002000110
  • Property Type: Land
  • Topography: High/Dry,Level
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.57
  • Lot Size: 95x207
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Petersen Point
  • Directions: Heading East on I-10, take Exit 28 to Ward Basin Rd, Milton. Turn right at the foot of the ramp and take an immediate right onto Petersen Point Rd. Follow the road around until it enters Petersen Point Subdivision. Lot will be on the right.
  • Special Features: None

Exterior Features

  • Lot Features: No Improvements
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay, Waterfront, Rip Rap
  • Waterfront: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes

Fee Information

  • Association Fee Includes: Association

Schools

  • Elementary School: East Milton
  • High School: Milton
  • Middle Or Junior School: King

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 24829.2
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Wolfe Family Trust
Bought by
Wolfe Stephen G and Wolfe Brenda L
Current Estimated Value
$451,727

Purchase Details

Closed on
May 10, 2022
Sold by
Smith and Kimberly
Bought by
Wolfe Family Trust

Purchase Details

Listed on
Jan 23, 2021
Closed on
Apr 28, 2021
Sold by
Bradley Kevin G and Bradley Laura W
Bought by
Smith Christopher and Smith Kimberly
Seller's Agent
LAURA BRADLEY
Service Matters Realty, Inc.
Buyer's Agent
LAURA BRADLEY
Service Matters Realty, Inc.
List Price
$200,000
Sold Price
$170,000
Premium/Discount to List
-$30,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.98%

Purchase Details

Listed on
Jan 20, 2020
Closed on
Mar 26, 2020
Sold by
Smith Brian L
Bought by
Bradley Kevin G and Bradley Laura W
Seller's Agent
REBECCA WAGNER
Better Homes And Gardens Real Estate Main Street Properties
Buyer's Agent
Pete Morgan
Service Matters Realty, Inc.
List Price
$145,000
Sold Price
$139,500
Premium/Discount to List
-$5,500
-3.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.89%

Purchase Details

Closed on
Sep 17, 2002
Sold by
Browning James L and Browning Rozanne T
Bought by
Smith Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,650
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1998
Sold by
Cook Hiram J and Cook Bonnie K
Bought by
Browning James L and Browning Rozanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.16%

Purchase Details

Closed on
Nov 15, 1995
Sold by
Pinson Ralph E and Pinson Julie P
Bought by
Cook Hiram J and Cook Bonnie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.48%
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
Wolfe Stephen G -- None Listed On Document
Wolfe Family Trust $200,000 West Florida Title
Smith Christopher $170,000 Guarantee Title Company
Bradley Kevin G $139,500 Clear Ttl Of Northwest Fl Ll
Smith Brian L $128,500 --
Browning James L $122,500 --
Cook Hiram J $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Christopher $896,000
Previous Owner Smith Brian L $115,650
Previous Owner Browning James L $110,000
Previous Owner Cook Hiram J $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2021 04/28/21 Sold $170,000 -15.0% --
01/22/2021 01/22/21 For Sale $200,000 +43.4% --
03/27/2020 03/27/20 Sold $139,500 -3.8% --
02/24/2020 02/24/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $145,000 -- --
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 $1,552 $133,000 $133,000 --
2023 $1,552 $133,000 $133,000 $0
2022 $1,568 $133,000 $133,000 $0
2021 $1,294 $106,400 $106,400 $0
2020 $1,219 $106,400 $0 $0
2019 $1,126 $98,800 $0 $0
2018 $1,148 $106,400 $0 $0
2017 $902 $71,250 $0 $0
2016 $823 $62,700 $0 $0
2015 $846 $62,700 $0 $0
2014 $861 $62,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    LAURA BRADLEY

    Service Matters Realty, Inc.

  • REBECCA WAGNER

    Seller's Agent in 2020

    REBECCA WAGNER

    Better Homes and Gardens Real Estate Main Street Properties

    (850) 418-2145

    90 Total Sales

    Section Image
  • Pete Morgan

    Buyer's Agent in 2020

    Pete Morgan

    Service Matters Realty, Inc.

    (850) 516-0346

    113 Total Sales

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 583837

Pensacola Association of REALTORS®

APN: 24-1N-28-3077-00200-0110

Florida Santa Rosa County Milton 32583

7837 Petersen Point Rd, Milton, FL

This home is located at 7837 Petersen Point Rd, Milton, FL 32583 since 23 January 2021 and is currently estimated at $451,727. 7837 Petersen Point Rd is a home located in Santa Rosa County with nearby schools including East Milton Elementary School, Martin Luther King Middle School, and Milton High School.

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