NOT LISTED FOR SALE

8027 Gin Rd Milton, FL 32571

Estimated Value: $168,681

5 Acres
$33,736 Price per Acre
217,800 Sq Ft Lot

Last Sold October 25, 2023

Last sale price $170,000

Est. 1% decrease in value since last sale

Current estimated payment $988/month

95 Days on Market

Highlights

  • 5 Acre Lot
  • Agricultural
  • High Speed Internet
  • Wooded Lot

About This Lot

As of October 2023

This beautiful and flat 5-Acre lot is located on 8027 Gin Rd in the countryside of Wallace-Chumuckla areas. The parcel is part of the sought-after Gin Rd area, only 15 minutes north of Pace. This private and serene homesite is 320 feet wide and 700 long/deep and has a lot to offer. A cleared circular driveway connects about 1-AC cleared area with the main Gin Rd. The cleared area has a 40ft by 80ft pad ready for the Pole Barn. This property includes many other improvements, such as Well, Power, and Septic Tank. There is no HOA. Take advantage of this property that is ready for you to start living Country Life in Northwest Florida. Call today to schedule your showing. This property is located only 10 minutes from Five Points in Pace and about 15-20 minutes from a variety of shopping and restaurant venues on Highway 90. Wallace - Chumuckla areas have become extremely popular during the last couple of years. With a community such as Buffalo Creek Estates, the residents enjoy the country lifestyle on the large acreage with the convenience of being close to city shopping, education, and hospitals. Santa Rosa Sport Plex, Soccer Complex, and LEAD Academy are all within 5 to 10 min from Buffalo Creek Estates. New K-8 Elementary is under construction and New High School is coming soon. Both schools are within 5 to 10 min from the community as well. Lastly, Gin Rd area is about an hour away from the Gulf of Mexico. The closest beach communities are Perdido Key & Pensacola Beach.

Last Agent to Sell the Property

Milan Korec

KELLER WILLIAMS REALTY GULF COAST Listed on: 06/10/2023

KELLER WILLIAMS REALTY GULF COAST

Last Buyer's Agent

Sandra Wyrosdick

REMAX Select Partners

REMAX Select Partners

Property Details

Property Type

  • Land

Lot Details

  • 5 Acre Lot
  • Lot Dimensions: 320
  • Property fronts a county road
  • Wooded Lot

Schools

  • Chumuckla Elementary School
  • Central Middle School
  • Central High School

Farming

  • Agricultural

Utilities

  • 220 Volts
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 403N300000002300000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Parcel Number: 403N300000002300000
  • Property Type: Land
  • Electric: 220 Volts
  • Topography: High/Dry,Level
  • Property Sub Type: Land/Acreage
  • Horses: No
  • Lot Size Acres: 5
  • Lot Size: 320 x 700
  • Road Frontage Type: County Road
  • Subdivision Name: None
  • Directions: Turn West from Chumuckla Hwy onto Ten Mile Rd. Take a right turn to Marion Way and left to Molino Bridge Rd. Take a slight right turn to Gin Rd and keep going about 0.5 miles. The lot is on the left
  • Special Features: None

Exterior Features

  • Lot Features: Wooded, Central Access

Utilities

  • Sewer: None
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Internet
  • Water Source: None

Schools

  • Elementary School: Chumuckla
  • High School: Central
  • Middle Or Junior School: Central

Lot Info

  • Current Use: Agricultural
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 217800
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2023
Closed on
Oct 25, 2023
Sold by
Wiggins James A
Bought by
Bunch Jesse R and Bunch Susanna D
Seller's Agent
Milan Korec
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Sandra Wyrosdick
REMAX Select Partners
List Price
$195,000
Sold Price
$170,000
Premium/Discount to List
-$25,000
-12.82%
Views
155
Current Estimated Value
$168,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,319
Avg. Annual Appreciation
-0.35%
Original Mortgage
$144,500
Outstanding Balance
$122,281
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$46,400

Purchase Details

Closed on
Jul 22, 2022
Sold by
Mulwee Cameron J
Bought by
Wiggins James A
Source: Public Records
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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
Bunch Jesse R $170,000 None Listed On Document
Wiggins James A $115,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunch Jesse R $144,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2023 10/25/23 Sold $170,000 -2.9% --
09/08/2023 09/08/23 Price Changed $175,000 -2.8% --
07/19/2023 07/19/23 Price Changed $180,000 -4.8% --
06/22/2023 06/22/23 Price Changed $189,000 -3.1% --
06/10/2023 06/10/23 For Sale $195,000 -- --
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
2025 $1,271 $110,505 $110,505 --
2024 $1,339 $110,505 $110,505 --
2023 $1,339 $114,598 $114,598 $0
2022 $1,020 $86,102 $86,102 $0
2021 $900 $73,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 628364

Pensacola Association of REALTORS®

APN: 40-3N-30-0000-00230-0000