NOT LISTED FOR SALE

2744 Wallace Lake Rd Pace, FL 32571

Estimated Value: $625,000 - $778,000

4 Beds
3 Baths
3,010 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $719,500 $239 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,007/month

9 Days on Market

Highlights

  • Barn
  • 1 Acre Lot
  • Cathedral Ceiling
  • In Ground Pool
  • Traditional Architecture
  • Wood Flooring

About This Home

As of May 2022

Entertainers Paradise! Beautiful 4/3 3010 sq. ft. home on 1 acre in Pace, FL. Beautiful Engineered hardwood floors and spacious living. The home also has a Florida room, that exits onto a large custom back porch that overlooks the inground pool. A large 40x48 custom garage, with plenty of room to house your boat or camper. Also included on the property, is a SHE shed, to get away and unwind. Plus, there is no HOA!! This property has it all!

Last Agent to Sell the Property

Shane Thomas

Levin Rinke Realty Listed on: 04/16/2022

Levin Rinke Realty

Last Buyer's Agent

John Alumbaugh

KELLER WILLIAMS REALTY GULF COAST

KELLER WILLIAMS REALTY GULF COAST

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,649

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Privacy Fence
  • Back Yard Fenced

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 3,010 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Formal Dining Room
  • Home Office
  • Game Room

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Soaking Tub
  • Separate Shower

Parking

  • Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Patio
  • Separate Outdoor Workshop

Schools

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

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tamrell Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132N300000001080000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,649

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Stories: 1
  • Parcel Number: 132N300000001080000
  • Property Type: Residential
  • Year Built: 2006
  • Electric: Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1
  • Road Surface Type: Paved
  • Subdivision Name: Tamrell Forest
  • Directions: Turn left, off Chumuckla Hwy, onto Wallace lake. Go approx. 2 miles and address will be on the right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Hardwood, Tile, Laminate
  • Interior Amenities: Baseboards, Cathedral Ceiling(s), Ceiling Fan(s), Game Room, Office/Study
  • Living Area: 3010
  • Window Features: Blinds
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Formal Dining Room, Kitchen/Dining Combo
  • Master Bedroom Master Bedroom Level: First
  • Room Office Area: 156
  • Room Bedroom2 Area: 216
  • Master Bedroom Master Bedroom Width: 19
  • Room Bedroom2 Level: First
  • Master Bedroom Features: Ceiling Fan(s)
  • Room Office Level: First
  • Room Kitchen Features: Not Updated, Granite Counters
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 342
  • Room Dining Room Area: 168
  • Master Bathroom Features: Soaking Tub, Separate Shower

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Privacy
  • Lot Features: Central Access
  • Pool Features: In Ground
  • Construction Type: Brick, Concrete, Frame
  • Exterior Features: Sprinkler
  • Foundation Details: Slab
  • Other Structures: Barn(s), Workshop/Storage, Yard Building
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available
  • Water Source: Public

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: 43560
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
May 31, 2022
Sold by
Lynch Iii Samuel C and Lynch Danielle W
Bought by
Tharp Timothy A and Tharp Jeralyn R
Seller's Agent
Shane Thomas
Levin Rinke Realty
Buyer's Agent
John Alumbaugh
KELLER WILLIAMS REALTY GULF COAST
List Price
$729,000
Sold Price
$719,500
Premium/Discount to List
-$9,500
-1.3%
Current Estimated Value
$682,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,802
Avg. Annual Appreciation
-1.55%
Original Mortgage
$719,500
Outstanding Balance
$682,972
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
-$274

Purchase Details

Listed on
May 3, 2014
Closed on
May 30, 2014
Sold by
Laudig Richard T and Laudig Keri M
Bought by
Lynch Samuel C and Lynch Danielle W
Seller's Agent
Tracie McCoy
Levin Rinke Realty
Buyer's Agent
SHARON HOWELL
On The Gulf Realty
List Price
$279,900
Sold Price
$291,000
Premium/Discount to List
$11,100
3.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$276,450
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2006
Sold by
Thomas Home Corp
Bought by
Laudig Richard T and Laudig Keri M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,177
Interest Rate
6.31%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
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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
Tharp Timothy A $719,500 Clear Title
Lynch Samuel C $291,000 First American Title Ins Co
Laudig Richard T $301,800 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tharp Timothy A $719,500
Previous Owner Lynch Samuel C $276,450
Previous Owner Laudig Richard T $30,177
Previous Owner Laudig Richard T $241,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $719,500 -1.3% $239 / Sq Ft
04/30/2022 04/30/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $729,000 +150.5% $242 / Sq Ft
05/30/2014 05/30/14 Sold $291,000 +4.0% $97 / Sq Ft View Prior Sale
05/04/2014 05/04/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $279,900 -- $93 / 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 $4,649 $398,439 $49,800 $348,639
2023 $4,649 $394,662 $49,800 $344,862
2022 $2,637 $239,100 $0 $0
2021 $2,608 $232,136 $0 $0
2020 $2,595 $228,931 $0 $0
2019 $2,409 $214,735 $0 $0
2018 $2,213 $202,961 $0 $0
2017 $2,141 $198,786 $0 $0
2016 $2,133 $194,697 $0 $0
2015 $2,578 $186,983 $0 $0
2014 $2,094 $184,294 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 607125

Pensacola Association of REALTORS®

APN: 13-2N-30-0000-00108-0000