NOT LISTED FOR SALE

8049 Virginia Ln Milton, FL 32583

Estimated Value: $310,000

0.5 Acre
$620,000 Price per Acre
21,780 Sq Ft Lot

Last Sold November 20, 2015

Last sale price $47,500

Est. 553% increase in value since last sale

Current estimated payment $1,692/month

50 Days on Market

About This Lot

As of November 2015

VACANT LAND – Easy access to a fisherman’s paradise, only ¼ mile off Blackwater bay, and contiguous with Blackwater River, Yellow River , East Bay & beyond. Catch Bass, Bream, White and Speckled Trout, Redfish and more. Dolphins are sometimes seen in the bays. Only 3 miles from I-10. Zoned R-1, Residential Homes only. Buyer should insure property is suitable for building including septic system. Adjacent lot is also available. See MLS number 487758.

Last Agent to Sell the Property

Barry Van Matre

OLD SOUTH PROPERTIES INC Listed on: 09/09/2015

OLD SOUTH PROPERTIES INC

Last Buyer's Agent

Barry Van Matre

OLD SOUTH PROPERTIES INC Listed on: 09/09/2015

OLD SOUTH PROPERTIES INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $486

Lot Details

  • 0.5 Acre Lot
  • Home fronts a canal
  • Cleared Lot

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 301N270000012430000

Property Details

Property Type

Land

Est. Annual Taxes

$486

Lot Details

0

Listing Details

  • Parcel Number: 301N270000012430000
  • Property Type: Land
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.5
  • Subdivision Name: None
  • Directions: FROM PENSACOLA, GO EAST ON I-10, TAKE HWY 89, EXIT 28, GO SOUTH 2.4 MILES TO VIRGINIA LANE AND TURN RIGHT (WEST). PROPERTY IS ON THE LEFT (SOUTH SIDE).
  • Special Features: None

Exterior Features

  • Lot Features: Cleared
  • Waterfront Features: Canal Front, Waterfront
  • Waterfront: Yes

Utilities

  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 21780
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Nov 20, 2015
Sold by
Olsen Richard G
Bought by
Parker Larry W and Parker Joanie
Seller's Agent
Barry Van Matre
OLD SOUTH PROPERTIES INC
Buyer's Agent
Barry Van Matre
OLD SOUTH PROPERTIES INC
List Price
$53,740
Sold Price
$47,500
Premium/Discount to List
-$6,240
-11.61%
Current Estimated Value
$310,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,500
Avg. Annual Appreciation
20.89%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Staszak Gregory D and Staszak Diane L
Bought by
Olsen Richard G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.95%
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
Parker Larry W $47,500 Surety Land Title Of Fl Llc
Olsen Richard G $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olsen Richard G $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $47,500 -11.6% --
10/28/2015 10/28/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $53,740 -- --
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 $486 $54,075 $54,075 --
2023 $486 $41,200 $41,200 --
2022 $468 $41,200 $41,200 $0
2021 $417 $33,475 $33,475 $0
2020 $421 $33,475 $0 $0
2019 $422 $33,475 $0 $0
2018 $429 $33,475 $0 $0
2017 $436 $33,475 $0 $0
2016 $511 $38,625 $0 $0
2015 $456 $33,475 $0 $0
2014 $534 $38,625 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 487750

Pensacola Association of REALTORS®

APN: 30-1N-27-0000-01243-0000