NOT LISTED FOR SALE

2481 Wallace Lake Rd Pace, FL 32571

Estimated Value: $622,000 - $846,000

5 Beds
3 Baths
3,012 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $752,000 $250 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,550/month

2 Days on Market

Highlights

  • In Ground Pool
  • Craftsman Architecture
  • Bonus Room
  • 2.36 Acre Lot
  • Softwood Flooring
  • High Ceiling

About This Home

As of May 2021

WELCOME HOME!!!! This GORGEOUS craftsman style home is situated on 2.36 ACRES and boasts and INGROUND Saltwater POOL, 2-Car side entry garage and a detached 2-Car garage that is heated and cooled. There is also an enclosed 30x40 Pole Barn with two roll up doors that make for great storage and/or a workshop. As you pull up to the home, you will notice that is is well maintained and has several maturing peach, mulberry, and plum trees as well as blueberry bushes that are currently producing fruit. Walking to the front of the home you will notice a large porch and wooden shutters. Walking into the home, the formal dining is located to the left with double trey ceilings with crown molding that is open to the kitchen and living area. The entire home has tiled wood-look flooring with the exception of the bonus room over the garage that has carpet. The home features granite counters in the kitchen and bathrooms. The windows have Plantation Shutters, pendant lights over the island in the kitchen and a fireplace in the living area. The kitchen has a oversized island with undermount sink, gas stove, Samsung appliances and pantry. All closets in the bedrooms have custom wood built-ins by California Closets to amplify usage. The master is large with a double trey ceiling and crown molding. The master bath has a tiled shower with a frameless glass door and overhead rain shower head, separate garden tub and split vanities. From the master bath, there is a pocket door leading into a beautiful walk-in closet that connects to the laundry. From the breakfast nook, you walk onto the covered back lanai that overlooks the pool and is enclosed by a metal fence. There is a fire pit in the back left corner of the pool. Behind the fence is open partially wooded space with a cove tucked away for a Summer retreat. There is also a propane gas home generator that powers almost the entire home. COME make this your DREAM home TODAY!

Last Agent to Sell the Property

Kalab Hoover

KELLER WILLIAMS REALTY GULF COAST Listed on: 04/28/2021

KELLER WILLIAMS REALTY GULF COAST

Last Buyer's Agent

Sandra Wyrosdick

REMAX Select Partners

REMAX Select Partners

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 2.36

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Floor Insulation
  • Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 3,012 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Insulated Doors
  • Formal Dining Room
  • Bonus Room
  • Inside Utility
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Flooring

  • Softwood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 6 Car Detached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Guest Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Chumuckla Elementary School
  • Central Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Energy-Efficient Insulation
  • 2.36 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 142N300000001030000

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

2.36 Acres

Listing Details

  • Stories: 1
  • Parcel Number: 142N300000001030000
  • Property Type: Residential
  • Year Built: 2016
  • Electric: Copper Wiring, Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 2.36
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: Head north on Chumuckla Hwy and turn left on to Wallace Lake Rd. Continue for approximately 1.5 miles and home will be on the left.
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, Multi/Split
  • New Construction: No
  • Efficiency: Insulation, Insulated Floors, Insulated Walls, Ridge Vent
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Insulated Doors
  • Fireplace: Yes
  • Flooring: Tile, Simulated Wood
  • Interior Amenities: Ceiling Fan(s), Crown Molding, High Ceilings, Walk-In Closet(s), Bonus Room
  • Living Area: 3012
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Formal Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 20
  • Master Bedroom Features: Ceiling Fan(s), High Ceilings
  • Room Kitchen Features: Not Updated
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 300
  • Room Dining Room Area: 192
  • Master Bathroom Features: Double Vanity, Soaking Tub, Granite Counters, Separate Shower, Tile, Water Closet, Walk-In Closet(s)

Exterior Features

  • Roof: Shingle
  • Lot Features: Central Access
  • Pool Features: Fenced, In Ground
  • Construction Type: Brick, Frame
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: 4 or More Car Garage, Detached, Guest, Side Entrance, Garage Door Opener
  • Total Parking Spaces: 6

Utilities

  • Heating: Central, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Laundry Features: Inside, W/D Hookups
  • Security: Security System, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Private

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Schools

  • Elementary School: Chumuckla
  • High School: Central
  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 102801.6
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 21, 2021
Sold by
Hassen Wesley and Hassen Karina
Bought by
Dare Michlae and Dare Brenda
Seller's Agent
Kalab Hoover
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Sandra Wyrosdick
REMAX Select Partners
List Price
$739,000
Sold Price
$752,000
Premium/Discount to List
$13,000
1.76%
Current Estimated Value
$773,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,104
Avg. Annual Appreciation
0.58%

Purchase Details

Listed on
Jun 1, 2019
Closed on
Oct 15, 2019
Sold by
Lowery Rodger K and Lowery Tammie T
Bought by
Hassen Wesley and Hassen Karina
Seller's Agent
Rodger Lowery
FLAG REALTY, INC.
Buyer's Agent
Carrie Lee
Levin Rinke Realty
List Price
$598,500
Sold Price
$587,000
Premium/Discount to List
-$11,500
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%
Original Mortgage
$469,600
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2016
Sold by
Rhodes Bradley M and Rhodes Christina K
Bought by
Lowery Rodger K and Lowery Tammie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,714
Interest Rate
3.97%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 24, 2015
Sold by
Wallace West Llc
Bought by
Rhodes Bradley M and Rhodes Christina K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2014
Sold by
Avis Land Ventures Llc
Bought by
Smith Craig W and Smith Sheryl L

Purchase Details

Closed on
Feb 17, 2014
Sold by
Avis Land Ventures Llc
Bought by
Ciano Donna

Purchase Details

Closed on
Aug 10, 2012
Sold by
Avis Land Ventures Llc
Bought by
Casey Ricky V

Purchase Details

Closed on
Aug 3, 2012
Sold by
Avis Land Ventures Llc
Bought by
Weaver Donald Delmar and Weaver Shaleah Lynn

Purchase Details

Closed on
Jun 12, 2012
Sold by
Avis Land Ventures Llc
Bought by
Casey Ricky V
Source: Public Records
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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
Dare Michlae $752,000 Attorney
Hassen Wesley $587,000 Clear Ttl Of Northwest Fl Ll
Lowery Rodger K $52,500 Clear Title Of Nw Fl Llc
Rhodes Bradley M $41,600 Clear Title Of Nw Fl Llc
Wallace West Llc $30,000 Clear Title Of Nw Fl Llc
Smith Craig W $48,000 Okaloosa Title & Abstract Co
Ciano Donna $50,000 Okaloosa Title & Abstract Co
Casey Ricky V $15,000 Okaloosa Title & Abstract Co
Weaver Donald Delmar $20,000 Okaloosa Title & Abstract Co
Weaver Donald Delmar $29,000 Okaloosa Title & Abstract Co
Casey Ricky V $40,000 Okaloosa Title & Abstract Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hassen Wesley $469,600
Previous Owner Lowery Rodger K $399,714
Previous Owner Rhodes Bradley M $37,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $752,000 +1.8% $250 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $739,000 +25.9% $245 / Sq Ft
10/15/2019 10/15/19 Sold $587,000 -1.9% $188 / Sq Ft View Prior Sale
05/31/2019 05/31/19 For Sale $598,500 -- $192 / Sq Ft
Source: Pensacola Association of REALTORS®

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
2025 $6,321 $567,126 -- --
2024 $6,488 $551,143 -- --
2023 $6,488 $535,090 $0 $0
2022 $6,342 $519,505 $0 $0
2021 $4,917 $403,053 $0 $0
2020 $4,897 $397,488 $0 $0
2019 $3,797 $316,092 $0 $0
2018 $3,546 $310,198 $0 $0
2017 $3,477 $303,818 $0 $0
2016 $380 $28,500 $0 $0
2015 $16 $413 $413 $0
2014 $24 $995 $995 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 588764

Pensacola Association of REALTORS®

APN: 14-2N-30-0000-00103-0000

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