NOT LISTED FOR SALE

8040 Ludlam Rd Laurel Hill, FL 32567

Estimated Value: $190,000 - $312,000

20 Acres
$11,734 Price per Acre
871,200 Sq Ft Lot

Last Sold February 07, 2022

Last sale price $175,000

Est. 34% increase in value since last sale

Current estimated payment $1,332/month

2 Days on Market

About This Lot

As of February 2022

Bring on your creativity! This is a 30x60 metal building that needs you to finish it and make it your home. You can live in the 300 sq ft section of the building which has a bathroom area, bedroom and living area while you finish up the home which is partially wired and walls are up. Home has electricity, city water and septic tank is in place. Finish building your beautiful home while living on this gorgeous, nearly 20 acres just off of 85. Step outside and pick your lemons, oranges, apples and other fruits off your fruit trees. Mature pecan trees are also in the front yard. Property is level and is mostly cleared. Sellers have a floor plan they can share with you or use your own imagination and redesign the home for your own use. So many possibilities!!

Last Agent to Sell the Property

Charles Ramsey

Levin Rinke Realty Listed on: 01/20/2022

Last Buyer's Agent

Tyler Elise Moore

Levin Rinke Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $760

Lot Details

  • 20

Schools

  • Laurel Hill Elementary School
  • Davidson Middle School
  • Crestview High School

Additional Features

  • 20 Acre Lot
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 035N22000000180000

Property Details

Property Type

Land

Est. Annual Taxes

$760

Lot Details

0

Listing Details

  • Parcel Number: 035N22000000180000
  • Property Type: Land
  • Property Sub Type: Land/Acreage
  • Horses: No
  • Lot Size Acres: 20
  • Lot Size: 1320x650
  • Subdivision Name: None
  • Directions: From Laurel Hill head north on Hwy 85. Turn right on Ludlum Rd. Property is .6 miles on the right.
  • Special Features: None

Utilities

  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Laurel Hill
  • High School: Crestview
  • Middle Or Junior School: Davidson

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 871200
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 7, 2022
Sold by
Mccarty Family Farm Llc
Bought by
Adams Scott A and Hagen Linda E
Seller's Agent
Charles Ramsey
Levin Rinke Realty
Buyer's Agent
Tyler Elise Moore
Levin Rinke Realty
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$234,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,684
Avg. Annual Appreciation
8.54%

Purchase Details

Listed on
Oct 27, 2015
Closed on
Dec 30, 2015
Sold by
Tau Solutions Inc
Bought by
Mccarty Family Farm Llc
Seller's Agent
SANDY JONES
ERA American Real Estate
Buyer's Agent
Test Test
ECN - Unknown Office
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%

Purchase Details

Closed on
Nov 29, 2007
Sold by
Cobb International Properties Llc
Bought by
Tau Solutions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,700
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2005
Sold by
Baggett James H and Baggett Bobbie Jo
Bought by
Cobb International Properties Llc
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
Adams Scott A $175,000 Schultz Law Group Pllc
Mccarty Family Farm Llc $105,000 Partnership Title Co Llc
Tau Solutions Inc -- Moulton Land Title Inc
Cobb International Properties Llc $100,000 Moulton Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tau Solutions Inc $115,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2023 04/30/23 Off Market $105,000 -- --
02/07/2022 02/07/22 Sold $175,000 0.0% --
01/22/2022 01/22/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $175,000 +66.7% --
12/30/2015 12/30/15 Sold $105,000 0.0% $49 / Sq Ft
12/02/2015 12/02/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $105,000 -- $49 / 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 $760 $124,739 -- --
2023 $760 $66,470 $0 $0
2022 $689 $56,864 $0 $0
2021 $605 $45,439 $13,688 $31,751
2020 $574 $42,818 $13,868 $28,950
2019 $866 $63,856 $14,228 $49,628
2018 $854 $62,193 $14,858 $47,335
2017 $830 $59,502 $15,308 $44,194
2016 $1,597 $115,126 $0 $0
2015 $1,617 $113,498 $0 $0
2014 $1,942 $134,773 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 602557

Pensacola Association of REALTORS®

APN: 03-5N-22-0000-0018-0000