NOT LISTED FOR SALE

2778 Wallace Lake Rd Pace, FL 32571

Estimated Value: $343,000 - $453,000

4 Beds
3 Baths
2,300 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 12, 2024

Last sale price $385,000 $167 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,397/month

226 Days on Market

Highlights

  • 1 Acre Lot
  • Cathedral Ceiling
  • Breakfast Area or Nook
  • Contemporary Architecture
  • No HOA
  • Formal Dining Room

About This Home

As of February 2024

Custom home on a full acre in Pace!! Sprawling brick contemporary offers 2,300 sq ft of interior space including four bedrooms, three bathrooms, formal living and dining, plus great room! Walking in you're greeted by a large foyer with formal living and dining rooms on either side. If you're family isn't the "formal" kind, those would also function well as a play area, home office, or media room. Custom details can be found throughout the home like rounded edges, vaulted ceilings, double windows, and wide baseboards. The vaulted ceilings carry through into the great room which is highlighted by an electric fireplace, plant ledges, and sliding doors to the covered patio. Through a large opening is the kitchen and breakfast nook. Cooking family meals will change from a chore to a joy in this kitchen! It has oak cabinets and neutral counters that can be easily refinished to suit your taste, a center island for prep, and a spacious pantry. Split from the guest bedrooms and bathrooms is a mother-in-law suite with a separate bathroom and door to the back porch. Separate from the guest bedrooms is the private primary suite. With its own sliding doors to the back porch, trey ceilings, and an awesome ensuite bathroom, it's a true oasis. Speaking of the ensuite bathroom, it features double vanities, a soaking tub with separate shower, and not one but two walk-in closets! Through the back sliding doors is the HUGE backyard. It's fully fenced for kids or pets to safely play and offers a covered patio for lounging. The yard is surrounded by mature trees and backs up to woods which is also on the property, making it a perfect private setting in middle of a neighborhood. Great features included with this home are the 2-car side entry garage, interior laundry room, wiring for security and surround sound systems! Custom homes on large lots and conveniently located in the heart of Pace.

Last Agent to Sell the Property

Sandy Blanton

TEAM SANDY BLANTON REALTY, INC Brokerage Phone: 850-990-3475 Listed on: 05/31/2023

Co-Listed By

Johanna Freeman

TEAM SANDY BLANTON REALTY, INC Brokerage Phone: 850-990-3475

Last Buyer's Agent

Norm Cain

Levin Rinke Realty

Levin Rinke Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Privacy Fence
  • Interior Lot

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Double Pane Windows
  • Insulated Doors
  • Family Room Downstairs
  • Formal Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Rain Gutters
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tamrell Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132N300000001120000

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

1 Acres

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 132N300000001120000
  • Property Type: Residential
  • Year Built: 2007
  • Electric: Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1
  • Road Surface Type: Paved
  • Co List Office Mls Id: TSBR01
  • Co List Office Phone: 850-990-3475
  • Subdivision Name: Tamrell Forest
  • Directions: HWY 90 EAST - TURN LEFT ON WOODBINE ROAD. GO APPROXIMATELY 3 MILES TO TRAFFIC LIGHT. GO THROUGH LIGHT. ROAD IS NOW CHUMUCKLA HWY. FOLLOW TO WALLACE LAKE ROAD ON LEFT
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation, Insulated Walls, Ridge Vent
  • Property Attached Yn: No
  • Kitchen Level: First
  • Attribution Contact: CELL: 850-990-3475
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Self Cleaning Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Carpet
  • Interior Amenities: Storage, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, High Speed Internet, In-Law Floorplan, Plant Ledges, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 2300
  • Window Features: Double Pane Windows
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Room/Nook, Formal Dining Room
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 14
  • Room Family Room Area: 378
  • Room Bedroom2 Level: First
  • Master Bedroom Features: Ceiling Fan(s), Split
  • Room Family Room Level: First
  • Room Kitchen Features: Not Updated, Kitchen Island, Pantry
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 252
  • Room Dining Room Area: 154
  • Master Bathroom Features: 2 or More Closets, Double Vanity, Soaking Tub, Separate Shower

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Septic Tank
  • Laundry Features: Inside, 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 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: County,Deed Restrictions,Res Single
  • ResoLotSizeUnits: Acres

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Feb 12, 2024
Sold by
Hertzler Kevin B and Hertzler Jennifer L
Bought by
Dennis Timothy P
Seller's Agent
Sandy Blanton
TEAM SANDY BLANTON REALTY, INC
Buyer's Agent
Norm Cain
Levin Rinke Realty
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%
Views
142
Current Estimated Value
$410,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,679
Avg. Annual Appreciation
3.17%
Original Mortgage
$385,000
Outstanding Balance
$377,452
Interest Rate
6.62%
Mortgage Type
VA
Estimated Equity
$33,227

Purchase Details

Closed on
Oct 9, 2008
Sold by
Thomas Homes Corp
Bought by
Hertzier Kevin B and Chase Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,558
Interest Rate
6.36%
Mortgage Type
VA
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
Dennis Timothy P $385,000 First International Title
Dennis Timothy P $385,000 First International Title
Hertzier Kevin B $212,000 Surety Land Title Of Fl Llc
Hertzier Kevin B $212,000 Surety Land Title Of Fl Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dennis Timothy P $385,000
Previous Owner Hertzier Kevin B $216,558
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2024 02/12/24 Sold $385,000 -3.8% $167 / Sq Ft
11/16/2023 11/16/23 Price Changed $400,000 -11.1% $174 / Sq Ft
09/08/2023 09/08/23 For Sale $450,000 0.0% $196 / Sq Ft
08/07/2023 08/07/23 Off Market $450,000 -- --
05/31/2023 05/31/23 For Sale $450,000 -- $196 / 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 $3,394 $281,969 $55,000 $226,969
2024 $3,468 $270,284 $50,000 $220,284
2023 $3,468 $268,462 $50,000 $218,462
2022 $3,320 $268,921 $50,000 $218,921
2021 $2,956 $221,359 $40,000 $181,359
2020 $2,691 $197,085 $0 $0
2019 $1,626 $157,561 $0 $0
2018 $1,613 $154,623 $0 $0
2017 $1,539 $151,443 $0 $0
2016 $1,532 $148,328 $0 $0
2015 $1,563 $147,297 $0 $0
2014 $1,576 $146,128 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 627779

Pensacola Association of REALTORS®

APN: 13-2N-30-0000-00112-0000

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