7881 Penny Ln
Milton, FL 32583
3 bd 1 ba 1,441 sqft Built 1971 Lot 74,923 sqft single_family
Most recent sale
$225,000
Apr 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 21, 2025 | Listed | $275,000 | EmeraldCoast |
| Aug 24, 2023 | Sold | $235,000 | Public Record |
| Mar 4, 2023 | Listed | $265,000 | Pensacola |
| Apr 25, 2022 | Sold | $225,000 | MLS #599479 |
| Dec 12, 2021 | Relisted | $225,000 | MLS #599479 |
| Dec 7, 2021 | Relisted | $225,000 | MLS #599479 |
| Nov 19, 2021 | Listed | $225,000 | MLS #599479 |
| Oct 5, 2021 | Price changed | $220,000 | MLS #596969 |
| Sep 19, 2021 | Listed | $244,900 | MLS #596969 |
| Jun 18, 2021 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $162,439 | $14,000 | $176,439 | $2,150 |
| 2022 | $136,118 | $10,000 | $146,118 | $1,371 |
| 2021 | — | — | $106,338 | $1,432 |
| 2020 | $89,671 | $7,000 | $96,671 | $1,280 |
| 2019 | $83,338 | $6,000 | $89,338 | $1,194 |
| 2018 | $80,383 | $6,000 | $86,383 | $1,176 |
| 2017 | $75,041 | $6,000 | $81,041 | $1,115 |
| 2016 | $72,556 | $6,000 | $78,556 | $1,104 |
| 2015 | $69,806 | $6,000 | $75,806 | $1,095 |
| 2014 | — | — | $76,291 | $1,120 |
| 2013 | — | — | $71,383 | $441 |
| 2012 | — | — | $72,182 | $426 |
| 2011 | — | — | $73,563 | $466 |
| 2009 | — | — | $70,571 | $583 |
| 2008 | — | — | $70,500 | $576 |
| 2007 | — | — | $68,447 | $661 |
Property facts
Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,441 sqft
Lot size
74,923 sqft
ZIP code
32583
City
Milton
Street
Penny Ln
Coordinates
30.62539, -86.99320
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,666
Gross rental yield
14.22%
Implied cap rate
9.24%
Trend-extrapolated value
—
Frequently asked questions
When did 7881 Penny Ln last sell?
7881 Penny Ln most recently sold on Apr 25, 2022 for $225,000.
What is the current tax assessment for 7881 Penny Ln?
The most recent total assessment for 7881 Penny Ln (year 2023) is $176,439 with $2,150 in property tax.
How does 7881 Penny Ln's assessment compare to its last sale price?
The current assessment is 21.6% below the last sale price of $225,000.
When was 7881 Penny Ln built?
7881 Penny Ln was built in 1971.
How does 7881 Penny Ln compare to others on Penny Ln?
We track 2 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 7881 Penny Ln?
7881 Penny Ln is a 3 bed, 1 bath, 1,441 sqft, 74,923 sqft lot single_family.
Is 7881 Penny Ln a flip candidate?
Yes — 7881 Penny Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7881 Penny Ln a tax-appeal candidate?
No — 7881 Penny Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.3%
Implied 1-yr
+13.4%
2026 Q3
$393.1K
2026 Q4
$393.1K
ZIP 32583 — Median Price History + Forecast
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Geography
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