NOT LISTED FOR SALE

2918 Wallace Lake Rd Pace, FL 32571

Estimated Value: $480,956 - $555,000

4 Beds
3 Baths
2,417 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 12, 2016

Last sale price $245,000 $101 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,952/month

5 Days on Market

Highlights

  • 1.03 Acre Lot
  • High Ceiling
  • No HOA
  • Contemporary Architecture
  • Granite Countertops
  • Screened Porch

About This Home

As of February 2016

Beautifully maintained home on 1 acre of peace & quite! This PRISTINE home is backed up to a natural area providing much desired privacy & is complete with a large screened porch to enjoy the outdoors bug free! You will LOVE your very own CUSTOM WATERFALL feature creating the most peaceful sounds to enjoy while relaxing on your screened porch or open patio. The yard has been PROFESSIONALLY LANDSCAPED w/LANDSCAPE LIGHTING added & an IRRIGATION SYSTEM. A portion of the backyard is privacy fenced w/approx. 160' of NATURAL AREA behind the home for privacy. Step inside to an open split floorplan w/high ceilings, lighted plant ledges, rounded corners, CROWN MOLDING & SPANISH LACE CEILINGS & WALLS. The kitchen features raised panel cabinets with SOFT CLOSE drawers, GRANITE countertops, hop-up breakfast bar, drop down ceiling w/accent lighting, large pantry w/vented door, deep stainless steel sink, lever faucet & a beautiful STAINLESS STEEL APPLIANCE PACKAGE. The great room features a beautiful corner FIREPLACE, lighted trey ceiling w/crown molding, lighted ceiling fan & large plant ledge. Open the sliding doors to the SCREENED PORCH & enjoy the peaceful sound of the WATERFALL. The formal dining room displays white columns & arched entry ways accented w/recessed lighting. Across the foyer is the home office w/high ceilings & crown molding. The master suite features sliding doors to the screened porch, trey ceiling, lighted ceiling fan, double vanity, separate shower, garden tub & 2 walk-in closets. On the opposite side of the home you have 2 bedrooms & full bath at the front of the home & the 4th bedroom & full bath at the back of the home tucked behind the fireplace wall. The laundry room is customized with a vanity & shelving. The 3 car garage has floored attic space for your storage needs. More features: 11- 12’ ceilings in main areas, 13 Seer Heat Pump, tilt windows, 50 gal. water heater, CUSTOM PAINT, finished & painted garage & Fabric Shield storm Protection.

Last Agent to Sell the Property

Robert Shell

Coldwell Banker Realty Listed on: 12/31/2015

Coldwell Banker Realty

Last Buyer's Agent

David Seevers

Service Matters Property Management, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2011

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions: 125
  • Privacy Fence
  • Back Yard Fenced
  • Interior Lot

Parking

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

Home Design

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

Interior Spaces

  • 2,417 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Double Pane Windows
  • Shutters
  • Blinds
  • Insulated Doors
  • Formal Dining Room
  • Screened Porch
  • Storage
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Built-In Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Patio
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Baseboard Heating
  • 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 132N300000001750000

Home Details

Home Type

Single Family

Year Built

Built in 2011

Lot Details

0

Parking

3

Listing Details

  • Stories: 1
  • Parcel Number: 132N300000001750000
  • Property Type: Residential
  • Year Built: 2011
  • Electric: Copper Wiring, Circuit Breakers
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.026
  • Lot Size: 125 x 348
  • Road Surface Type: Paved
  • Subdivision Name: Tamrell Forest
  • Directions: From Hwy 90 in Pace, turn on to Woodbine Rd. (N), go through traffic light at at 5 Points, road then becomes Chumuckla Hwy. Follow to Wallace Lake Rd. which will be on your left. Home will be on your right.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Heat Pump, Insulation, Insulated Walls, Ridge Vent
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Built In Microwave, Dishwasher, Self Cleaning Oven
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Fireplace: Yes
  • Flooring: Tile, Carpet
  • Interior Amenities: Storage, Baseboards, Ceiling Fan(s), Crown Molding, High Ceilings, High Speed Internet, Plant Ledges, Recessed Lighting, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Some Blinds, Shutters
  • Bathroom 1 Area: 45
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Breakfast Bar, Eat-in Kitchen, Formal Dining Room
  • Master Bedroom Master Bedroom Level: First
  • Master Bedroom Master Bedroom Width: 17
  • Room Bedroom2 Level: First
  • Master Bedroom Features: Ceiling Fan(s), High Ceilings, Split
  • Room Office Level: First
  • Bathroom 1 Level: First
  • Room Kitchen Features: Not Updated, Granite Counters, Pantry
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 282.2
  • Room Dining Room Area: 121
  • Master Bathroom Features: 2 or More Closets, Double Vanity, Soaking Tub, Separate Shower, Tile, Walk-In Closet(s)

Exterior Features

  • Roof: Shingle, Gable, Hip
  • Fencing: Back Yard, Privacy
  • Lot Features: Central Access, Interior Lot
  • Pool Features: None
  • Construction Type: Brick, Frame
  • Exterior Features: Sprinkler, Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Heating: Central, Fireplace(s)
  • 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
  • Utilities: Cable Available
  • 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: 44692.56
  • Zoning Description: Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2019
Sold by
Crawford Jeffrey A and Crawford Deborah L
Bought by
Knotts Thomas Richard
Current Estimated Value
$514,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,753
Outstanding Balance
$259,939
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$251,050

Purchase Details

Listed on
Dec 31, 2015
Closed on
Feb 12, 2016
Sold by
Reynolds Dorothy J
Bought by
Crawford Jeffrey A and Crawford Deborah L
Seller's Agent
Robert Shell
Coldwell Banker Realty
Buyer's Agent
David Seevers
Service Matters Property Management, Inc.
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$196,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2013
Sold by
Reynolds James D
Bought by
Reynolds Dorothy J

Purchase Details

Closed on
Aug 10, 2011
Sold by
Thomas Home Corporation
Bought by
Reynolds James B and Reynolds Dorothy J
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
Knotts Thomas Richard $316,000 Attorney
Crawford Jeffrey A $245,000 Emerald Coast Title Inc
Reynolds Dorothy J -- None Available
Reynolds James B $215,000 Surety Land Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knotts Thomas Richard $296,753
Previous Owner Crawford Jeffrey A $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2016 02/12/16 Sold $245,000 +2.1% $101 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $240,000 -- $99 / 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 $3,148 $291,268 -- --
2024 $3,080 $283,057 -- --
2023 $3,080 $274,813 $0 $0
2022 $3,003 $266,809 $0 $0
2021 $2,971 $259,038 $41,040 $217,998
2020 $3,161 $231,494 $0 $0
2019 $2,029 $187,023 $0 $0
2018 $1,972 $183,536 $0 $0
2017 $1,899 $179,761 $0 $0
2016 $1,786 $167,931 $0 $0
2015 $1,775 $163,262 $0 $0
2014 $1,791 $161,966 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pensacola Association of REALTORS®

MLS Number: 492633

Pensacola Association of REALTORS®

APN: 13-2N-30-0000-00175-0000