NOT LISTED FOR SALE

2874 Wallace Lake Rd Pace, FL 32571

Estimated Value: $476,462 - $583,000

4 Beds
3 Baths
2,500 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $297,000 $119 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,079/month

247 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • 1 Acre Lot
  • Traditional Architecture
  • Updated Kitchen
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of February 2017

***ANOTHER REDUCTION IN PRICE! ($8000)***Immaculate 4 bedroom and 3 full bath home and side entry double garage on beautiful 1 acre cleared and landscaped lot. Among the numerous features are: Additional detached 1 car garage/ workshop plus additional storage area. Sprinkler system with well. Large covered and open patio area. Plank ceramic tile in great room, family room, dining room, one bedroom/office, & hallways. Carpet in the three bedrooms. Kitchen with granite counter tops and tile back splash. All upgraded blinds and curtains. Guest room has full bath. Just take a look at this home and you will be amazed at the condition and quality of everything. EASY TO SHOW - JUST CALL AGENT! IF YOU ARE LOOKING FOR A GREAT HOME AT A GREAT PRICE - THIS IS IT!

Last Agent to Sell the Property

RON GILES

ERIC GLEATON REALTY, INC Listed on: 05/25/2016

Co-Listed By

RON STAFFORD

ERIC GLEATON REALTY, INC

Last Buyer's Agent

Jenny Rushing

Berkshire Hathaway Home Services PenFed Realty

Berkshire Hathaway Home Services PenFed Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1 Acre Lot
  • Partially Fenced Property
  • Privacy Fence

Parking

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

Home Design

  • Traditional Architecture
  • Hip Roof Shape
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Ridge Vents on the Roof

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Blinds
  • Insulated Doors
  • Family Room Downstairs
  • Formal Dining Room
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • Underground Utilities
  • Private Water Source
  • Agricultural Well Water Source
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tamrell Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 132N300000001320000

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Stories: 1
  • Parcel Number: 132N300000001320000
  • Property Type: Residential
  • Year Built: 2006
  • Electric: Copper Wiring, Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.004
  • Lot Size: 125x350
  • Road Surface Type: Paved
  • Co List Office Mls Id: GLEA01
  • Co List Office Phone: 850-477-5908
  • Subdivision Name: Tamrell Forest
  • Directions: From Hwy 90, go North on Woodbine, continue past Five Points to Wallace Lake Rd. turn LEFT, go to 2874 Wallace Lake Rd. on RIGHT.
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One, Ground Floor
  • New Construction: No
  • Efficiency: Insulation, Insulated Walls, Ridge Vent
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Built In Microwave, Dishwasher, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace: Yes
  • Flooring: Tile, Carpet
  • Interior Amenities: Baseboards, Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
  • Window Features: Double Pane Windows, Blinds, Drapes, Drapery Rods
  • Bedroom/Bathroom Features: Updated
  • Dining Room Features: Breakfast Bar, Breakfast Room/Nook, Eat-in Kitchen, Formal Dining Room
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 17.4
  • Room Family Room Area: 345
  • Master Bedroom Features: Ceiling Fan(s), Master Downstairs, Sitting Area, Walk-In Closet(s)
  • Room Family Room Level: First
  • Room Kitchen Features: Updated, Granite Counters, Pantry
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 250.559999
  • Room Dining Room Area: 143
  • Master Bathroom Features: Double Vanity, Dress Area, Soaking Tub, Separate Shower, Tile, Water Closet

Exterior Features

  • Roof: Shingle, Hip
  • Fencing: Partial, Privacy
  • Lot Features: Central Access
  • Pool Features: None
  • Construction Type: Brick, Frame
  • Exterior Features: Irrigation Well, Lawn Pump, Sprinkler
  • Foundation Details: Slab
  • Other Structures: Workshop/Storage
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Garage, 2 Car Garage, Side Entrance, Garage Door Opener
  • Total Parking Spaces: 3

Utilities

  • Heating: Heat Pump, Central, Fireplace(s)
  • Cooling: Heat Pump, Central Air, Ceiling Fan(s)
  • Sewer: Grey Water Septic System, Septic Tank
  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Private, 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: 43734.24
  • Zoning Description: County,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Feb 10, 2017
Sold by
Nicholson Virginia G
Bought by
Williams Richard L and Williams Elizabeth R
Seller's Agent
RON GILES
ERIC GLEATON REALTY, INC
Buyer's Agent
Jenny Rushing
Berkshire Hathaway Home Services PenFed Realty
List Price
$320,000
Sold Price
$297,000
Premium/Discount to List
-$23,000
-7.19%
Current Estimated Value
$526,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,866
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Oct 9, 2015
Sold by
Nicholson Virginia G
Bought by
Nicholson Virginia G and Sellers Lisa Nicholson

Purchase Details

Closed on
Mar 31, 2006
Sold by
Solid Construction Of The Gulf Coast Inc
Bought by
Nicholson Jesse A and Nicholson Virginia G
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Williams Richard L $297,000 Surety Land Title Of Florida
Nicholson Virginia G -- Attorney
Nicholson Jesse A $278,100 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2017 02/10/17 Sold $297,000 -7.2% $119 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
05/25/2016 05/25/16 For Sale $320,000 -- $128 / 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
2025 $3,888 $327,108 $55,220 $271,888
2024 $4,042 $310,629 $50,200 $260,429
2023 $4,042 $308,692 $50,200 $258,492
2022 $2,576 $234,449 $0 $0
2021 $2,547 $227,620 $0 $0
2020 $2,534 $224,477 $0 $0
2019 $2,473 $219,430 $0 $0
2018 $2,799 $212,703 $0 $0
2017 $1,716 $165,849 $0 $0
2016 $1,708 $162,438 $0 $0
2015 $1,438 $161,309 $0 $0
2014 $1,453 $160,029 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Pensacola Association of REALTORS®

MLS Number: 500375

Pensacola Association of REALTORS®

APN: 13-2N-30-0000-00132-0000