NOT LISTED FOR SALE

7849 Petersen Point Rd Milton, FL 32583

Estimated Value: $709,000 - $763,000

0.3 Acre
$2,481,887 Price per Acre
13,068 Sq Ft Lot

Last Sold May 17, 2021

Last sale price $135,000

Est. 429% increase in value since last sale

Current estimated payment $4,513/month

5 Days on Market

About This Lot

As of May 2021

Build to suit in the executive waterfront community of Petersen Point! This beautiful lot is already cleared and leveled to start building. The lot is the 2nd to last lot on the bay side and has views to the south over Blackwater Bay. Will accept back up offers.

Last Agent to Sell the Property

Herbert Weighknecht

Anchor Realty Florida License #3463177 Listed on: 03/24/2021

Last Buyer's Agent

William Morgan

Non Member Office (NABOR) License #BK3397529

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,284

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 99 x 153
  • Property Fronts a Bay or Harbor
  • Cleared Lot
  • Property is zoned Deed Restrictions

HOA Fees

  • $38 Monthly HOA Fees

Schools

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

Utilities

  • Septic Tank

Community Details

  • Petersen Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-1N-28-3077-00200-0140

Property Details

Property Type

Land

Est. Annual Taxes

$1,284

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 0.3
  • Lot Size: 99 X 153
  • Road Surface Type: Paved Road
  • Subdivision Name: PETERSEN POINT
  • Directions: From I-10 Take Exit 28 (County Rd 89). Head south .4 mile. Turn right on Petersen Point Rd. Lot is 1.5 mile on the right.
  • Utilities Electric: Yes
  • Utilities:Septic Tank: Yes
  • Waterfront:Bay: Yes
  • Special Features: None

Exterior Features

  • Lot Features: Cleared
  • Waterfront Features: Bay
  • Waterfront: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electric, Septic Tank

Condo/Co-op/Association

  • Association #2 Fee: 450.0
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 24-1N-28-3077-00200-0140
  • Zoning: Deed Restrictions
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1283.77
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 12, 2021
Sold by
Papaik Christian and Hughes Christian
Bought by
Kracyla Michael J and Kracyla Candice M
Seller's Agent
Herbert Weighknecht
Anchor Realty Florida
Buyer's Agent
William Morgan
Non Member Office (NABOR)
List Price
$135,000
Sold Price
$135,000
Current Estimated Value
$713,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,645
Avg. Annual Appreciation
46.60%
Original Mortgage
$144,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 8, 2021
Sold by
Dunn Ed L
Bought by
Papaik Christian and Hughes Christine

Purchase Details

Closed on
Dec 21, 2017
Sold by
Dunn Dunn J and Dunn Janet F
Bought by
Dunn Ed L

Purchase Details

Closed on
Jun 18, 2002
Sold by
Dunn Ed L
Bought by
Dunn J B and Dunn Janet F

Purchase Details

Closed on
Jun 22, 2001
Sold by
Hendersen Jere A
Bought by
Dunn Ed L

Purchase Details

Closed on
May 21, 1996
Sold by
Regan Eric S and Regan Pamela L
Bought by
Henderson Jere A
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
Kracyla Michael J $160,000 West Fl Ttl Co Of Milton Inc
Papaik Christian $135,000 West Fl Ttl Co Of Milton Inc
Dunn Ed L -- Attorney
Dunn J B -- --
Dunn Ed L $90,000 --
Henderson Jere A $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kracyla Michael J $344,000
Closed Kracyla Michael J $300,000
Closed Kracyla Michael J $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $135,000 0.0% --
03/29/2021 03/29/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $135,000 -- --
Source: Emerald Coast 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 $6,399 $590,525 $140,000 $450,525
2023 $6,399 $577,298 $140,000 $437,298
2022 $1,649 $140,000 $140,000 $0
2021 $1,361 $112,000 $112,000 $0
2020 $1,377 $112,000 $0 $0
2019 $1,284 $104,000 $0 $0
2018 $1,405 $112,000 $0 $0
2017 $949 $75,000 $0 $0
2016 $866 $66,000 $0 $0
2015 $890 $66,000 $0 $0
2014 $906 $66,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 867504

Emerald Coast Association of REALTORS®

APN: 24-1N-28-3077-00200-0140