NOT LISTED FOR SALE

7881 Penny Ln Milton, FL 32583

Estimated Value: $269,330

3 Beds
1 Bath
1,441 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $225,000 $156 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,646/month

97 Days on Market

Highlights

  • In Ground Pool
  • Bonus Room
  • Interior Lot
  • Updated Kitchen
  • No HOA
  • Tile Flooring

About This Home

As of April 2022

Charming and updated, this 3 bedroom, 1 bathroom all-brick home sits on a serene 1.72-acre property, combining two parcels for ample space and privacy. Thoughtfully updated with new flooring, countertops, and a bathroom vanity, this 1,441 sqft home offers a cozy fireplace, a bonus room, and a large covered back porch overlooking the expansive yard. Relax by the inground swimming pool (brand new liner in March 2025) as you take in stunning sunsets, or enjoy the peace and quiet of this private retreat. The home also features a metal roof (4 years old), a 1-year-old HVAC system (inside and out), and an electric water heater. With no HOA, short-term rentals allowed, and plenty of room to grow, this property is ideal for those seeking a private haven with modern comforts. Located just a short 30-minute drive to the world-famous white sand beaches of Navarre, Florida, this home provides the perfect balance of tranquility and accessibility. Pool liner is currently being replaced and will be in working condition upon closing.

Last Agent to Sell the Property

Kimberly Cato Chalmers

American Realty Southeast Listed on: 11/06/2021

Co-Listed By

JAMES CHALMERS

American Realty Southeast

Last Buyer's Agent

Kimberly Cato Chalmers

American Realty Southeast Listed on: 11/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,150

Year Built

  • Built in 1971

Lot Details

  • 1.72 Acre Lot
  • Interior Lot

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction
  • Off Grade Structure
  • Floor Insulation
  • Metal Roof

Interior Spaces

  • 1,441 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Bonus Room
  • Fire and Smoke Detector
  • Updated Kitchen

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Energy-Efficient Insulation
  • In Ground Pool

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 061N270000006180000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,150

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 061N270000006180000
  • Property Type: Residential
  • Year Built: 1971
  • Electric: Copper Wiring, Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.72
  • Lot Size: 147x97x250x150x399x248
  • Co List Office Mls Id: JRC001
  • Co List Office Phone: 850-377-6270
  • Subdivision Name: None
  • Directions: From Hwy 90, go South on South Airport Rd, Turn Left on Penny Land and the house is on the right.
  • Architectural Style: Ranch
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation, Insulated Floors
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Concrete, Tile, Carpet
  • Interior Amenities: Bonus Room
  • Living Area: 1441
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Living/Dining Combo
  • Living Room Living Room Level: First
  • Room Kitchen Features: Updated
  • Room Living Room Area: 195
  • Dining Room Dining Room Level: First
  • Room Dining Room Area: 180

Exterior Features

  • Roof: Gable, Metal
  • Lot Features: Central Access, Interior Lot
  • Pool Features: In Ground
  • Construction Type: Brick
  • Foundation Details: Off Grade
  • Property Condition: Resale

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: 2 Car Carport
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 74923.2
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Macdonald Brian R and Macdonald Stephanie L
Bought by
Braswell Thomas D and Braswell Michelle R
Total Days on Market
97
Current Estimated Value
$269,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Outstanding Balance
$5,878
Interest Rate
6.96%
Mortgage Type
Seller Take Back
Estimated Equity
$263,452

Purchase Details

Closed on
Jun 15, 2021
Sold by
Burton William David
Bought by
Rogers Vernon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,195
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2017
Bought by
Burton William David

Purchase Details

Closed on
Dec 1, 2016
Bought by
Burton William David
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
Braswell Thomas D $235,000 Pure Title Llc
Rogers Vernon $160,000 American Home Title Llc
Burton William David $100 --
Burton William David $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braswell Thomas D $6,000
Previous Owner Rogers Vernon $139,195
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $275,000 0.0% $230 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $275,000 +22.2% $230 / Sq Ft
04/25/2022 04/25/22 Sold $225,000 0.0% $156 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $225,000 -- $156 / 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 $2,150 $179,358 $15,000 $164,358
2023 $2,150 $176,439 $14,000 $162,439
2022 $1,372 $146,118 $10,000 $136,118
2021 $1,432 $113,660 $7,000 $106,660
2020 $1,280 $96,671 $0 $0
2019 $1,195 $89,338 $0 $0
2018 $1,177 $86,383 $0 $0
2017 $1,115 $81,041 $0 $0
2016 $1,104 $78,556 $0 $0
2015 $1,096 $75,806 $0 $0
2014 $1,121 $76,291 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 599479

Pensacola Association of REALTORS®

APN: 06-1N-27-0000-00618-0000