11 days on rocket

7861 Penny Ln, Milton, FL, 32583

$239,000

Home List Price

$2,838*

Closing Credit

3 Bedrooms
2 Full Baths
1,456 SqFt
$164/SqFt
House

Location

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7861 Penny Ln, Milton$239,000

Buyer Closing Credits

$2,838*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1989
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
MLS #656112
StatusActive

About 7861 Penny Ln

If you have been looking for a great deal on a home in Milton, your search is over. Come vision yourself living in this cozy home that is only minutes to local shopping and many restaurants. This 3 bedroom and 2 full bathroom home will give you a little over 1,456 sq ft of generous space to move freely. Perfectly situated on a .81 Acre lot which gives you plenty of room for a shop, pool, or Rv parking. The living/dining area is conveniently located near the kitchen to give you that continuous open flow. This home is just 15-20 minutes away from the magnificent City of Pensacola. It wont last long at this price for such a comfortable home thats just outside of the busy city of Pensacola.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1989
  • Stories: 1
  • Living Area: 1,456 SqFt

Listing Office:

  • Office Name: Levin Rinke Realty
  • Office Email: shanet@levinrinkerealty.com
  • Listing Agent: Shane Thomas

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Flooring Type: Tile
  • Interior: Baseboards, Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Turn south on Airport Rd, turn left on Penny Ln, house is located on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $239,000
  • Price Per SqFt: $164/SqFt

Tax Information:

  • Annual Amount: $385
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Milton, FL.

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Milton, FL

City

Med. Sold Price

$319.8K

Med. Price/SqFt

$175

Avg. Days On Market

87

# of Sold Homes

123

7861 Penny Ln vs Milton

11 DAYS ON ROCKET

-76 Days

$239,000

-$80.8K Less

$164/SqFt

-$11 Less

KEY TAKEAWAY

This property is $80.8K less than the Median Sold Price and $11/SqFt less than other homes in Milton, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Pensacola MLS
  • MLS Number: #656112

Listing Office:

  • Office Name: Levin Rinke Realty
  • Office Email: shanet@levinrinkerealty.com
  • Listing Agent: Shane Thomas

Copyright © 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS® This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$385$71,431
2019$377$69,825
2017$363$67,114

History based on county public records data.

Payment Calculator

$1,260

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$783

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-111822
3
/10

  • East Milton Elementary School

  • 5156 Ward Basin Rd

  • 1.57 miles

  • Public District Grades PK-5

school-card-donut-111823
5
/10

  • Bagdad Elementary School

  • 4512 Forsyth St

  • 2.83 miles

  • Public District Grades PK-5

school-card-donut-111824
4
/10

  • W. H. Rhodes Elementary School

  • 5563 Byrom St

  • 3.29 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,804. Typical income of Milton, FL residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7861 Penny Ln

What is the listing price of this property?

The listing price of 7861 Penny Ln property is $239,000.

What type of property is this?

The property 7861 Penny Ln is a house located in Milton, Florida, 32583.

Is this property for sale now?

Active Listing: 7861 Penny Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $385 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7861 Penny Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7861 Penny Ln is 1,456 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7861 Penny Ln is 1989.

Rocket Homes›Florida›Santa Rosa County›Milton›32583›7861 Penny Ln

This home is located at 7861 Penny Ln in Milton, FL and zip code 32583. This 1,456 square foot home was built in 1989. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 08, 2024 and is currently priced at $239,000.

In November 2024, from all listings sold in Milton, FL there were more than 19 sold above asking price, over 58 sold below and more than 40 were sold right at the asked price. Between October 2024 and November 2024, Milton, FL real estate market has seen decrease in the number of listings by 4.2%. In November 2024, listings were on the market for 87 days. During the same period, the median list price in this real estate market was $319,866.

From Rocket Homes Real Estate and based on county public records data.

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