NOT LISTED FOR SALE

2608 Wallace Lake Rd Milton, FL 32571

Estimated Value: $344,000

1.2 Acres
$286,667 Price per Acre
52,272 Sq Ft Lot

Last Sold May 08, 2023

Last sale price $70,000

Est. 391% increase in value since last sale

Current estimated payment $1,848/month

About This Lot

As of May 2023

Build any size dream home on this 1.2 Acres of Agro Rural Residential in Pace Highschool district! This beautiful piece of paradise sits in a neighborhood with 1 acre minimum lots, so there is tons of privacy. Minutes to the new Piggly Wiggly and 5 Points for grocery and restaurants. Shoot down Chumuckla Hwy to the heart of Pace for shopping, movies, parks, and tons of additional restaurants and conveniences. The lot was cleared and prepped for building in 2005. The seller decided to stay in Escambia county.

Last Agent to Sell the Property

William Boatner

KELLER WILLIAMS REALTY GULF COAST Listed on: 04/28/2023

KELLER WILLIAMS REALTY GULF COAST

Last Buyer's Agent

Kathleen Batterton

Levin Rinke Realty

Levin Rinke Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.2 Acre Lot
  • Property fronts a county road

Schools

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

Utilities

  • Natural Gas Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 132N300000001640000

Property Details

Property Type

Land

Lot Details

1.2 Acres

Listing Details

  • Parcel Number: 132N300000001640000
  • Property Type: Land
  • Electric: None
  • Topography: High/Dry
  • Property Sub Type: Land/Acreage
  • Horses: No
  • Lot Size Acres: 1.2
  • Lot Size: Approx 330x135
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: None
  • Directions: North on Chumuckla Hwy then West on Wallace Lake Rd
  • Special Features: None

Exterior Features

  • Lot Features: Central Access
  • Waterfront Features: No Waterfront, No Waterfront Features
  • Waterfront: No

Utilities

  • Sewer: None
  • Utilities: Natural Gas Not Available
  • Water Source: None

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 52272
  • Zoning Description: Agricultural,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 8, 2023
Sold by
Hall Richard and Hall Michelle
Bought by
Sumrall Jacob and Sumrall Lora
Seller's Agent
William Boatner
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Kathleen Batterton
Levin Rinke Realty
List Price
$65,000
Sold Price
$70,000
Premium/Discount to List
$5,000
7.69%
Views
12
Current Estimated Value
$344,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,000
Avg. Annual Appreciation
74.49%

Purchase Details

Closed on
May 27, 2005
Sold by
Double Creek Llc
Bought by
Hall Richard and Hall Michelle
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
Sumrall Jacob $70,000 First International Title
Hall Richard $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2023 05/08/23 Sold $70,000 +7.7% --
04/29/2023 04/29/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $65,000 -- --
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 $713 $66,000 $66,000 --
2024 $640 $60,000 $60,000 --
2023 $640 $60,000 $60,000 $0
2022 $618 $60,000 $60,000 $0
2021 $541 $48,000 $48,000 $0
2020 $452 $36,000 $0 $0
2019 $432 $36,000 $0 $0
2018 $388 $34,800 $0 $0
2017 $310 $24,000 $0 $0
2016 $282 $21,000 $0 $0
2015 $290 $21,000 $0 $0
2014 $295 $21,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 626091

Pensacola Association of REALTORS®

APN: 13-2N-30-0000-00164-0000

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