$139,500
SOLD MAR 27, 2020

7837 Petersen Point Rd Milton, FL 32583

0.57 Acre
$244,737 Price per Acre
24,829 Sq Ft Lot

Recently Sold

4% Below List Price

37 Days on Market

Highlights

  • Home fronts a seawall
  • Bay View
  • Level Lot

About This Lot

As of April 2021

Gorgeous waterfront lot (over 1/2 acre) with almost 100 feet on Blackwater Bay in the desirable Petersen Point subdivision ready for you to build your dream home with panoramic vistas of the bay and fantastic fishing right out from your property. Pretty white sand and lots of live oaks greet you on the property. The lot is protected with rip rap and is ready and waiting for you to build your own pier and boathouse for all kinds of boating fun. Freshwater (Yellow River) and salt water are both within easy reach so you have the best of both worlds! This is a well established executive neighborhood with comparatively low HOA fees and only a few other vacant lots left. Travel by car is also very efficient by jumping on Interstate 10 literally at the end of Petersen Point Rd. but, from this location on the end of the point, traffic noise might as well be a million miles away! This is the best of both worlds...small town waterfront location with quick access to all cities across the Gulf Coast and connections north via I-65. Truly a hidden gem for the discriminating buyer. Come see it today!

Last Agent to Sell the Property

REBECCA WAGNER

Better Homes And Gardens Real Estate Main Street Properties Listed on: 01/20/2020

Better Homes And Gardens Real Estate Main Street Properties

Last Buyer's Agent

Pete Morgan

Service Matters Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,552

Lot Details

  • 0.57 Acre Lot
  • Home fronts a seawall
  • Property Fronts a Bay or Harbor
  • Property fronts an interstate
  • Level Lot

Property Views

  • Bay Views

Schools

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

Utilities

  • Natural Gas Connected
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Petersen Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 241N283077002000110

Property Details

Property Type

Land

Est. Annual Taxes

$1,552

Lot Details

0

Listing Details

  • Parcel Number: 241N283077002000110
  • Property Type: Land
  • Topography: Level
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.57
  • Lot Size: 95x264+-
  • Road Frontage Type: Private Road, Interstate
  • Road Surface Type: Paved
  • Subdivision Name: Petersen Point
  • Directions: Going east, take Exit 28 off I-10 onto Ward Basin Rd. in Milton. Turn right off ramp and make immediate right onto Petersen Point Rd. Follow Petersen Point around until it enters Petersen Point subdivision (dead end). Lot will be on the right toward the end of the road.
  • Special Features: None

Exterior Features

  • Lot Features: No Improvements
  • View: Bay, Water
  • View: Yes
  • Waterfront Features: Bay, Waterfront, Block/Seawall
  • 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
$462,892

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
25.00%

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
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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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $200,000 West Florida Title
Warranty Deed $170,000 Guarantee Title Company
Warranty Deed $139,500 Clear Ttl Of Northwest Fl Ll
Warranty Deed $128,500 --
Warranty Deed $122,500 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $896,000 New Conventional
Previous Owner $115,650 Purchase Money Mortgage
Previous Owner $110,000 No Value Available
Previous Owner $105,000 No Value Available
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

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 566352

Pensacola Association of REALTORS®

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