$740,000
SOLD APR 18, 2025

2854 Wallace Lake Rd Milton, FL 32571

4 Beds
3 Baths
3,268 Sq Ft
49,658 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

13 Days on Market

Highlights

  • Pool and Spa
  • Traditional Architecture
  • High Ceiling
  • 1.14 Acre Lot
  • Bonus Room
  • No HOA

About This Home

As of April 2025

Step through the elegant iron gate into a private courtyard, a stunning introduction to this exquisite estate. With three separate entrances, this home offers seamless indoor-outdoor living. From the Juliet balcony of the upstairs bonus room, take in the beauty of the courtyard below before entering through grand double doors of the main entrance into the expansive open-concept living, dining, and kitchen area. Rich wood-look tile floors, soaring ceilings, and a natural gas fireplace create an atmosphere of warmth and sophistication. A hidden bookcase door conceals a utility closet, while decorative shiplap and plantation shutters add timeless charm. The recently-updated heart of the home--the gorgeous kitchen--is a masterpiece. Chicago brick floors set the stage for a massive Quartzite-topped island, complete with a built-in microwave, wine cooler, and custom cabinetry. Thoughtfully-designed storage includes an oversized spice pantry and pull-out drawers, while the gas stove is framed by a striking decorative hood and handmade Moroccan tile backsplash. A walk-in pantry with beadboard and wood shelving completes this culinary haven. Tucked behind the kitchen, a staircase leads to the over-garage bonus room, offering flexibility for a media room, workout space, or whatever you need. The primary suite is a retreat of its own, featuring a tray ceiling, dual walk-in closets, and a spa-like ensuite with a soaking tub, separate shower, and dual vanities. The additional bedrooms also feature ample storage. A private in-law suite boasts direct courtyard access, a separate living area, and a full bath. Step outside to your personal oasis—an expansive backyard featuring a gas-heated gunite pool with spa. A newly completed pergola and back patio (2023) offer the perfect setting for entertaining. Additional upgrades include a whole-house natural-gas generator, new windows (2023), a 2020 roof, and a storage shed. Luxury, comfort, and timeless elegance await. Welcome home.

Last Agent to Sell the Property

Terry Mahoney

KELLER WILLIAMS REALTY GULF COAST Listed on: 01/31/2025

KELLER WILLIAMS REALTY GULF COAST

Last Buyer's Agent

Patti Skinner

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1.14 Acre Lot
  • Privacy Fence
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,268 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Plantation Shutters
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Inside Utility
  • Washer and Dryer Hookup
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Wine Cooler
  • Kitchen Island

Flooring

  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Energy-Efficient Insulation

Pool

  • Pool and Spa
  • In Ground Pool
  • Saltwater Pool
  • Gunite Pool

Schools

  • Wallace Lake K-8 Elementary And Middle School
  • Pace High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Agricultural Well Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tamrell Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132N300000001300000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

1.14 Acres

Parking

2

Listing Details

  • Stories: 1
  • Parcel Number: 132N300000001300000
  • Property Type: Residential
  • Year Built: 2006
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.14
  • Road Surface Type: Paved
  • Subdivision Name: Tamrell Forest
  • Directions: Heading north on Chumuckla Hwy, turn left onto Wallace Lake Road. Property will be on the right.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Wine Cooler, Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace: Yes
  • Flooring: Brick, Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, In-Law Floorplan, Plant Ledges, Bonus Room, Guest Room/In Law Suite
  • Living Area: 3268
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Eat-in Kitchen, Kitchen/Dining Combo
  • Living Room Living Room Level: First
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 17.5
  • Master Bedroom Features: Ceiling Fan(s)
  • Room Kitchen Features: Not Updated, Kitchen Island, Pantry
  • Room Master Bedroom Area: 245
  • Master Bathroom Features: 2 or More Closets, Double Vanity, Soaking Tub, Separate Shower

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Privacy
  • Lot Features: Central Access
  • Pool Features: Gunite, In Ground, Pool/Spa Combo, Salt Water
  • Construction Type: Brick, Frame
  • Exterior Features: Irrigation Well, Sprinkler
  • Foundation Details: Slab
  • Other Structures: Yard Building
  • Patio And Porch Features: Covered
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Natural Gas
  • 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
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Wallace Lake K-8
  • High School: Pace
  • Middle Or Junior School: WALLACE LAKE K-8

Lot Info

  • Lot Size Sq Ft: 49658.4
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Apr 16, 2025
Sold by
Steele Nancy A and Steele William J
Bought by
Werber Steven S and Werber Lenette M
Seller's Agent
Terry Mahoney
KELLER WILLIAMS REALTY GULF COAST
Buyer's Agent
Patti Skinner
Coldwell Banker Realty
List Price
$740,000
Sold Price
$740,000
Views
28
Current Estimated Value
$729,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,431
Avg. Annual Appreciation
-1.50%
Original Mortgage
$370,000
Outstanding Balance
$366,656
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$362,913

Purchase Details

Closed on
Nov 27, 2023
Sold by
Steele Nancy A and Steele William J
Bought by
Steele Nancy A and Steele William J

Purchase Details

Listed on
Apr 17, 2022
Closed on
Jul 11, 2022
Sold by
Jody Lynne Childs Revocable Trust
Bought by
Steele Nancy A and Steele William J
Seller's Agent
Jody Childs
Coldwell Banker Realty
Buyer's Agent
Jennifer Weaver
KELLER WILLIAMS REALTY GULF COAST
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
Apr 29, 2020
Closed on
Jun 20, 2020
Sold by
Ballinger Richard J and Ballinger Terri P
Bought by
Childs Jody Lynne and Jody Lynne Childs Revocable Tr
Seller's Agent
Paula Snow
EXP Realty, LLC
Buyer's Agent
Jody Childs
Coldwell Banker Realty
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.99%
Original Mortgage
$319,200
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2018
Closed on
Sep 17, 2018
Sold by
Lucas Daniel and Lucas Jennifer
Bought by
Ballinger Richard J and Ballinger Terri B
Seller's Agent
DANIEL LUCAS
Academy Real Estate
Buyer's Agent
Paula Snow
EXP Realty, LLC
List Price
$364,900
Sold Price
$340,000
Premium/Discount to List
-$24,900
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$340,000
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 12, 2018
Sold by
Dr Horton Inc
Bought by
Lucas Daniel and Lucas Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,980
Interest Rate
4.54%

Purchase Details

Closed on
May 5, 2006
Sold by
Solid Construction Of The Gulf Coast Inc
Bought by
Lucas Daniel and Lucas Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.33%
Mortgage Type
Fannie Mae Freddie Mac
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 Type Sale Price Title Company
Warranty Deed $740,000 First International Title
Warranty Deed $740,000 First International Title
Warranty Deed $100 None Listed On Document
Warranty Deed $100 None Listed On Document
Warranty Deed $620,000 Sunbelt Title
Warranty Deed $399,000 Setco Services Llc
Warranty Deed $340,000 Attorney
Deed $312,475 --
Warranty Deed $358,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $370,000 New Conventional
Closed $370,000 New Conventional
Previous Owner $319,200 New Conventional
Previous Owner $340,000 VA
Previous Owner $249,980 No Value Available
Previous Owner -- No Value Available
Previous Owner $250,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2025 04/18/25 Sold $740,000 0.0% $226 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $740,000 +19.4% $226 / Sq Ft
07/12/2022 07/12/22 Sold $620,000 -0.8% $190 / Sq Ft View Prior Sale
06/23/2022 06/23/22 Pending -- -- --
06/22/2022 06/22/22 Price Changed $625,000 -0.6% $191 / Sq Ft
06/19/2022 06/19/22 Price Changed $629,000 -1.6% $192 / Sq Ft
05/13/2022 05/13/22 Price Changed $639,000 -1.7% $196 / Sq Ft
04/21/2022 04/21/22 For Sale $650,000 +62.9% $199 / Sq Ft
06/23/2020 06/23/20 Sold $399,000 0.0% $124 / Sq Ft View Prior Sale
04/29/2020 04/29/20 For Sale $399,000 +17.4% $124 / Sq Ft
09/17/2018 09/17/18 Sold $340,000 -6.8% $49 / Sq Ft View Prior Sale
08/22/2018 08/22/18 Pending -- -- --
08/05/2018 08/05/18 For Sale $364,900 -- $53 / 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 $4,680 $422,873 -- --
2024 $4,812 $409,983 $57,000 $352,983
2023 $4,812 $407,066 $57,000 $350,066
2022 $3,141 $277,192 $0 $0
2021 $3,108 $269,118 $0 $0
2020 $2,674 $239,751 $0 $0
2019 $2,609 $234,361 $0 $0
2018 $2,314 $211,064 $0 $0
2017 $2,242 $206,723 $0 $0
2016 $2,234 $202,471 $0 $0
2015 $2,280 $201,064 $0 $0
2014 $2,300 $199,468 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 658318

Pensacola Association of REALTORS®

APN: 13-2N-30-0000-00130-0000

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