NOT LISTED FOR SALE

1600 Wake Ln Gulf Breeze, FL 32563

Estimated Value: $838,472 - $911,000

3 Beds
2.5 Baths
3,031 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $850,000 $280 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,001/month

12 Days on Market

Highlights

  • Home fronts a seawall
  • Boat Lift
  • Updated Kitchen
  • Gulf Breeze Elementary School Rated A
  • Boat Slip
  • Canal View

About This Home

As of May 2024

Elegant two story waterfront canal home with a new 10,000 lb boat lift nestled among mature oaks, magnolias and azaleas on a large corer lot. The two story foyer opens to a grand staircase with a stunning formal dining room on the right and a separate office/living room on the left. New luxury vinyl flooring consistently flows throughout the open entertaining area connecting the large family room with a stone clad wood burning fireplace, kitchen and breakfast area. A sun filled oversized Florida room leads to a screened in porch overlooking the newly privacy fenced backyard, canal and boat dock. Recent updates to the kitchen include quartz counters, glass tile back splash and stainless appliances. All three large bedrooms are conveniently located upstairs and have been recently updated with wood look porcelain tile and freshly painted walls, ceilings and trim. The luxurious master suite features a bath with a jetted tub, separate tile shower, double vanity, private water closet and customized walk in closet. A guest bedroom with double French doors leading to a balcony overlooking the canal is a versatile space with a concealed built in full sized Murphy bed and access to the guest bathroom through a pocket door. A second guest bedroom easily accommodates a king or two full sized beds. Updates in 2023 include the German Schmear exterior brick coating, shadow box privacy fence and gates, 10,000 pound boat lift motors and new cradle, freshly painted walls, trim and smooth ceilings throughout, consistent luxury vinyl flooring downstairs, new light fixtures, paddle switches, outlets and covers, custom closet inserts, built in Murphy bed and window treatments. The roof, one HVAC and water heater were replaced in 2023. Other notable features include a natural gas whole house Generac generator, six zone sprinkler system with well, Sentricon termite system, outdoor shower and a private neighborhood boat launch.

Last Agent to Sell the Property

Karen Krasnosky

Levin Rinke Realty Listed on: 03/02/2024

Last Buyer's Agent

Karen Krasnosky

Levin Rinke Realty Listed on: 03/02/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,265

Year Built

  • Built in 1994

Lot Details

  • 0.38 Acre Lot
  • Home fronts a seawall
  • Home fronts a canal
  • Privacy Fence
  • Back Yard Fenced
  • Corner Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,031 Sq Ft Home
  • 2-Story Property
  • Built-In Desk
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Shutters
  • Blinds
  • Family Room Downstairs
  • Formal Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Canal Views
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub

Outdoor Features

  • Boat Lift
  • Boat Slip
  • Balcony
  • Rain Gutters

Schools

  • Gulf Breeze Elementary And Middle School
  • Gulf Breeze High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include recreation facility
  • Polynesian Islands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 302S28324000C010160

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,265

Year Built

Built in 1994

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Stories: 2
  • Parcel Number: 302S28324000C010160
  • Property Type: Residential
  • Year Built: 1994
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.38
  • Road Surface Type: Paved
  • Subdivision Name: Polynesian Islands
  • Directions: From Hwy 98 turn north on Whisper Bay Blvd, right on Coral Strip Pkwy then left on Wake Ln to first home on right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Tile, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Recessed Lighting, Walk-In Closet(s), Sun Room
  • Living Area: 3031
  • Window Features: Double Pane Windows, Blinds, Drapes, Drapery Rods, Shutters
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Eat-in Kitchen, Formal Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: Second
  • Master Bedroom Master Bedroom Width: 15.25
  • Room Family Room Area: 386.444444
  • Master Bedroom Features: Ceiling Fan(s)
  • Room Family Room Level: First
  • Room Kitchen Features: Updated, Pantry, Desk
  • Room Living Room Area: 186.083333
  • Room Kitchen Area: 172.715277
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 320.25
  • Room Dining Room Area: 210.958333
  • Master Bathroom Features: Double Vanity, Soaking Tub, Tile, Water Closet, Walk-In Closet(s)

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Privacy
  • Lot Features: Corner Lot
  • Pool Features: None
  • View: Canal, Water
  • View: Yes
  • Waterfront Features: Canal Front, Waterfront, Block/Seawall, Boat Lift
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony, Lawn Pump, Sprinkler, Rain Gutters, Boat Slip, Boat Slip Utilities
  • Foundation Details: Slab
  • Other Structures: Yard Building
  • Patio And Porch Features: Covered, Screen Porch
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Car Garage, Side Entrance, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Heating: Multi Units, Central, Fireplace(s)
  • Cooling: Multi Units, Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: W/D Hookups
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 35
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Recreation Facility

Schools

  • Elementary School: Gulf Breeze
  • High School: Gulf Breeze
  • Middle Or Junior School: Gulf Breeze

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Zoning Description: County,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2024
Closed on
May 1, 2024
Sold by
Miles Gordon and Eagle Brady Daniel
Bought by
White Jack Arthur and White Ashley Renee
Seller's Agent
Karen Krasnosky
Levin Rinke Realty
Buyer's Agent
Karen Krasnosky
Levin Rinke Realty
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%
Views
38
Current Estimated Value
$867,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,368
Avg. Annual Appreciation
1.54%
Original Mortgage
$425,000
Outstanding Balance
$419,419
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$447,949

Purchase Details

Listed on
Jan 7, 2023
Closed on
Feb 15, 2023
Sold by
Arnold Kenneth L and Arnold Julie J
Bought by
Miles Gordon and Eagle Brady Daniel
Seller's Agent
Peggy Branch
Connell & Company Realty Inc.
Buyer's Agent
Karen Krasnosky
Levin Rinke Realty
List Price
$820,000
Sold Price
$800,000
Premium/Discount to List
-$20,000
-2.44%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$500,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2008
Sold by
Cartus Corp
Bought by
Arnold Kenneth L and Arnold Julie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 21, 2007
Sold by
Devine Johnny C and Devine Theresa
Bought by
Cartus Corp

Purchase Details

Closed on
Apr 4, 2002
Sold by
Cendant Mobility Finl Corp
Bought by
Devine Johnny C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.8%

Purchase Details

Closed on
Jul 20, 2000
Sold by
Seeley Richard S and Seeley Rosa Marie
Bought by
Wichterman Erich and Wichterman Marina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
8.3%
Source: Public Records

Range of Values:

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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
White Jack Arthur $850,000 Pure Title
Miles Gordon $800,000 Harper Title
Arnold Kenneth L $362,000 Sunbelt Title Agency
Cartus Corp $470,000 Attorney
Devine Johnny C $265,000 --
Cendant Mobility Finl Corp $265,000 --
Wichterman Erich $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Jack Arthur $425,000
Previous Owner Miles Gordon $500,000
Previous Owner Arnold Kenneth L $316,100
Previous Owner Arnold Kenneth L $278,995
Previous Owner Arnold Kenneth L $289,600
Previous Owner Wichterman Eirch $210,745
Previous Owner Wichterman Eirch $212,000
Previous Owner Wichterman Eirch $100,000
Previous Owner Wichterman Erich $220,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $850,000 -2.9% $280 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
03/02/2024 03/02/24 For Sale $875,000 +9.4% $289 / Sq Ft
02/15/2023 02/15/23 Sold $800,000 -2.4% $264 / Sq Ft
01/07/2023 01/07/23 For Sale $820,000 -- $271 / 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 $3,265 $582,097 $169,000 $413,097
2023 $3,265 $269,291 $0 $0
2022 $3,183 $261,448 $0 $0
2021 $3,134 $253,833 $0 $0
2020 $3,205 $250,328 $0 $0
2019 $3,161 $244,700 $0 $0
2018 $3,141 $240,137 $0 $0
2017 $3,092 $235,198 $0 $0
2016 $3,052 $230,360 $0 $0
2015 $2,914 $228,759 $0 $0
2014 $3,385 $226,943 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 641260

Pensacola Association of REALTORS®

APN: 30-2S-28-3240-00C01-0160