NOT LISTED FOR SALE

973 Dolphin Rd Milton, FL 32583

Estimated Value: $191,696 - $626,000

0.85 Acre
$480,998 Price per Acre
37,026 Sq Ft Lot

Last Sold September 21, 2018

Last sale price $115,000

Est. 256% increase in value since last sale

Current estimated payment $2,346/month

188 Days on Market

Highlights

  • Fishing Pier
  • 0.85 Acre Lot
  • Level Lot
  • Property Fronts a Bay or Harbor
  • No HOA

About This Lot

As of September 2018

100FT OF PRIME WATERFRONT on an approximate .85-acre lot on Escambia Bay. The current Price is a TRUE DEAL and offers a rare opportunity to a savvy buyer! Location is awesome, 7 minutes to I-10 West/East, 12 minutes to either U98 South, or to Scenic Hwy, 18 minutes to Pace/Walmart area on US90. Easy access by boat to Pensacola Beach, Pensacola Bay and Gulf of Mexico, and AWESOME IN-SHORE FISHING right out of your back door! Blackwater & East Bays are also literally minutes away by boat as well. Lot is level and mostly cleared with a Rip Rap sea-wall stabilizing the shoreline. I estimate these 2 items should provide a savings of approx. $20K+ in building cost, along with protecting the integrity of shoreline!. Minimal wetland impact makes this lot easy to build your waterfront dream home. Note- Home will most likely require a Pylon Construction Home, check with SR County for current details. Several public Boat Ramps are nearby to get your boat in and out of the water for repairs or trips.

Last Agent to Sell the Property

Jeff Marker

XCELLENCE REALTY, INC. Listed on: 02/01/2018

XCELLENCE REALTY, INC.

Last Buyer's Agent

Outside Area Selling Agent

PAR Outside Area Listing Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,222

Lot Details

  • 0.85 Acre Lot
  • Property Fronts a Bay or Harbor
  • Property fronts an interstate
  • Level Lot
  • Cleared Lot

Property Views

  • Bay Views

Schools

  • Bagdad Elementary School
  • Avalon Middle School
  • Milton High School

Utilities

  • Natural Gas Connected
  • Water Tap or Transfer Fee
  • Sewer Tap Fee

Listing and Financial Details

  • Assessor Parcel Number 281S281070000000040

Community Details

Overview

  • No Home Owners Association

Recreation

  • Fishing Pier
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$2,222

Lot Details

0

Listing Details

  • Parcel Number: 281S281070000000040
  • Property Type: Land
  • Topography: Level
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.85
  • Lot Size: 100X373
  • Road Frontage Type: County Road, Interstate
  • Subdivision Name: None
  • Directions: Avalon Rd South from I-10 to right turn on Raughton Rd, to 90 degree turn left, approx. 4 lots down on right, metal gate, locked. -- Or North across Garcon Bridge to Avalon Blvd, to a left turn on Raughton Rd, and left at 90 degree turn 4 lots down on right.
  • Special Features: None

Exterior Features

  • Lot Features: Cleared
  • View: Bay
  • View: Yes
  • Waterfront Features: Bay, Waterfront, Rip Rap
  • Waterfront: Yes

Utilities

  • Sewer: Tap Fee Due
  • Utilities: Natural Gas Connected, Sewer Available
  • Water Source: Public, Tap Fee Due

Condo/Co-op/Association

  • Community Features: Fishing
  • Association: No

Schools

  • Elementary School: Bagdad
  • High School: Milton
  • Middle Or Junior School: Avalon

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 37026
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Sep 20, 2018
Sold by
Verlaan Wolfram E
Bought by
Moroso Joseph L and Moroso Christin J
Seller's Agent
Jeff Marker
XCELLENCE REALTY, INC.
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$132,900
Sold Price
$115,000
Premium/Discount to List
-$17,900
-13.47%
Current Estimated Value
$408,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,848
Avg. Annual Appreciation
19.62%
Original Mortgage
$86,250
Outstanding Balance
$75,060
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$333,788

Purchase Details

Closed on
Jul 17, 1996
Sold by
Nye John David and Nye Rose
Bought by
Verlaan Wolfram E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,500
Interest Rate
8.27%
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
Moroso Joseph L $115,000 Attorney
Verlaan Wolfram E $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moroso Joseph L $86,250
Previous Owner Verlaan Wolfram E $58,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $115,000 -6.4% --
08/08/2018 08/08/18 Pending -- -- --
07/31/2018 07/31/18 Price Changed $122,900 -1.6% --
05/30/2018 05/30/18 Price Changed $124,900 -3.8% --
04/04/2018 04/04/18 Price Changed $129,900 -2.3% --
02/01/2018 02/01/18 For Sale $132,900 -- --
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 $2,222 $209,790 $209,790 --
2023 $2,222 $209,790 $209,790 $0
2022 $1,815 $149,850 $149,850 $0
2021 $1,660 $129,870 $129,870 $0
2020 $1,416 $99,900 $0 $0
2019 $1,420 $99,900 $0 $0
2018 $1,441 $99,900 $0 $0
2017 $1,411 $99,900 $0 $0
2016 $1,323 $93,240 $0 $0
2015 $1,175 $76,620 $0 $0
2014 $1,194 $76,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 530124

Pensacola Association of REALTORS®

APN: 28-1S-28-1070-00000-0040