NOT LISTED FOR SALE

2640 Wallace Lake Rd Milton, FL 32571

Estimated Value: $608,000 - $671,000

5 Beds
3 Baths
3,179 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $550,000 $173 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,730/month

56 Days on Market

Highlights

  • Updated Kitchen
  • Craftsman Architecture
  • No HOA
  • 1.22 Acre Lot
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of September 2021

Gorgeous home that has been extremely well maintained and updated. This beautiful home features many upgrades between 2017 and 2021. Upgrades in 2017 include new tile flooring (all areas except bedrooms) and new carpet in bedrooms, new interior paint, crown moulding, and door hardware. The kitchen upgrades feature granite counter tops, gel stained cabinets, stainless steel appliances, light fixtures, new sink, garbage disposal, and backsplash. Bathroom upgrades include granite countertops, gel stained cabinets, new sink faucets, and bath hardware. Master bathroom includes those updates as well as a tiled shower with glass doors, large air tub with tiled backsplash and a walk in closet with custom shelving and drawers. The exterior features new fiberglass French door (back porch), new fiberglass gel stained front door with side lights. In 2021 a new roof, epoxy garage floor, and stained concrete on the covered back porch. Brand new Aspen Series AP138 Mocha WoodTones Garage Door with a new belt drive opener and NEW LVP flooring in the master bedroom. HVAC is being replace in August (still works great, just upgrading).

Last Agent to Sell the Property

Tammy Pahal-Morgan

Pahal-Morgan Enterprises Inc. Listed on: 06/10/2021

Pahal-Morgan Enterprises Inc.

Co-Listed By

NIKOLE MATHEWS

RE/MAX Total Properties

Last Buyer's Agent

Sandra Corr

Hurd Real Estate & Company LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,747

Year Built

  • Built in 2005

Lot Details

  • 1.22 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Interior Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,179 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Blinds
  • Formal Dining Room
  • Inside Utility

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tamrell Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132N300000001180000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,747

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 132N300000001180000
  • Property Type: Residential
  • Year Built: 2005
  • Electric: Copper Wiring, Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.22
  • Road Surface Type: Paved
  • Co List Office Mls Id: ZERTP
  • Co List Office Phone: 850-936-7771
  • Subdivision Name: Tamrell Forest
  • Directions: From Chumuckla Hwy Turn West onto Wallace Lake Road. House is on the right just before Renfroe. From Quintette Turn East onto Renfroe then East onto Wallace Lake Road. House is on the left.
  • Architectural Style: Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Double Oven, Microwave, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Tile, Carpet
  • Interior Amenities: Baseboards, Ceiling Fan(s), Crown Molding, In-Law Floorplan, Plant Ledges, Recessed Lighting
  • Living Area: 3179
  • Window Features: Blinds
  • Bathroom 1 Area: 27
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Eat-in Kitchen, Formal Dining Room
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 186
  • Master Bedroom Master Bedroom Level: First
  • Room Bedroom2 Area: 168
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: First
  • Master Bedroom Features: Ceiling Fan(s)
  • Bathroom 1 Level: First
  • Room Kitchen Features: Updated, Granite Counters, Kitchen Island, Pantry
  • Room Living Room Area: 480
  • Room Kitchen Area: 159.5
  • Room Master Bedroom Area: 270
  • Master Bathroom Features: Double Vanity, Granite Counters, Separate Shower, Tile, Walk-In Closet(s)

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Full, Privacy
  • Lot Features: Interior Lot
  • Pool Features: None
  • Construction Type: Frame
  • Exterior Features: Sprinkler, Rain Gutters
  • Foundation Details: Slab
  • Other Structures: Yard Building
  • Patio And Porch Features: Covered, Porch, Covered Porch
  • Property Condition: Resale

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Sq Ft: 53143.2
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Angell Andrew and Angell Beatriz
Bought by
Wallace Lake Trust
Current Estimated Value
$631,398

Purchase Details

Listed on
Jun 10, 2021
Closed on
Sep 24, 2021
Sold by
Mathews Philip Ray and Mathews Nikole Ann
Bought by
Angell Andrew and Estrella Beatriz
Seller's Agent
Tammy Pahal-Morgan
Pahal-Morgan Enterprises Inc.
Buyer's Agent
Sandra Corr
Hurd Real Estate & Company LLC
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$440,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2020
Sold by
Mathews Philip Ray and Mathews Nikole Ann
Bought by
Mathews Philip Ray and Mathews Nikole Ann

Purchase Details

Listed on
Aug 14, 2016
Closed on
Sep 26, 2016
Sold by
Wilmington Trust National Assoction
Bought by
Mathews Nikole Ann and Mathews Philip Ray
Seller's Agent
John Douglas
Allison James Estates & Home
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$235,000
Sold Price
$196,350
Premium/Discount to List
-$38,650
-16.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.38%
Original Mortgage
$157,080
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2016
Bought by
Mathews Nikole Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,080
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2016
Bought by
Mathews Nikole Anna

Purchase Details

Closed on
Nov 30, 2005
Sold by
Solid Construction Of The Gulf Coast Inc
Bought by
Coleman Steven A and Coleman Laura S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,225
Interest Rate
6.1%
Mortgage Type
Fannie Mae Freddie Mac
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
Wallace Lake Trust $100 None Listed On Document
Angell Andrew $550,000 Clear Ttl Of Northwest Fl Ll
Mathews Philip Ray -- Attorney
Mathews Nikole Ann $194,350 None Available
Mathews Nikole Anna $196,400 --
Mathews Nikole Anna $381,800 --
Coleman Steven A $315,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Angell Andrew $440,000
Previous Owner Mathews Philip Ray $240,000
Previous Owner Mathews Nikole Ann $157,080
Previous Owner Coleman Steven A $280,000
Previous Owner Coleman Steven A $70,000
Previous Owner Coleman Steven A $315,225
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $550,000 0.0% $173 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
07/30/2021 07/30/21 Price Changed $550,000 -4.3% $173 / Sq Ft
06/15/2021 06/15/21 For Sale $575,000 +192.8% $181 / Sq Ft
11/09/2016 11/09/16 Sold $196,350 -16.4% $62 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
08/14/2016 08/14/16 For Sale $235,000 -- $74 / 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 $4,747 $404,742 $61,000 $343,742
2023 $4,747 $402,136 $61,000 $341,136
2022 $4,428 $374,607 $61,000 $313,607
2021 $2,187 $200,948 $0 $0
2020 $2,175 $198,174 $0 $0
2019 $2,121 $193,718 $0 $0
2018 $2,054 $190,106 $0 $0
2017 $1,981 $186,196 $0 $0
2016 $2,011 $185,290 $0 $0
2015 $2,052 $184,002 $0 $0
2014 $2,071 $182,542 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 591279

Pensacola Association of REALTORS®

APN: 13-2N-30-0000-00118-0000